Fidus Mortgage

12/24/2023

We wish everyone a Merry Christmas 🎄✝️

11/25/2023

11/12/2023

Florida- we ran into a pirate sailing ⛵️ boat

08/02/2023

In the end, when confidence is lost in trading the petrodollar abroad, and U.S. citizens keep getting taxed through real inflation, tax, energy, food and future tax, this includes re-assessed real estate taxes, that is a sham, Gold bullion prevails. With a lackluster stock market and the prime rate rising, many stock holders will take the money from equities, and collect the guaranteed 5%, watching steady from the sidelines. Short term, inflation will eat up the 5%, but it’s better than being down 20-30%, when you had a guaranteed 5%. Timing is everything!

“In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025,” the ratings agency said.

07/24/2023

Mortgage Lender vs Mortgage Broker

I see a lot of marketing ads, that one is better than the other. In this video I breakdown what each represent, and in the end it’s all about who you deal with as a sales person, and what he/she is able to offer you.

I am a current mortgage broker owner, I’ve been on both sides of the field, in my opinion is whomever is able to get you the best rate, the lowest closing cost, and have affective communication and get you closed on time, is most important!

05/26/2023

Don't fall for the Narrative!

Until another nation supersedes the Petro Dollar, the debt ceiling is yet another distraction of 2 months by the stooges on CNBC, Fox, CNN and so forth. Every president since Eisenhower, in 1960, has put this nation in debt. The debt is getting bigger and the zeros are stacking up. However, until another nation claims or takes over the worlds currency, this is a number that will continue to rise, by choice. Each year, this game of theatrics is created to take your mind of anything meaningful or the the items that you should care about. It's already done, it's already priced in, however they make it out to be like Rocky 9, to keep you in suspense. They have their mouth pieces come out and tell us something we know, such as Jamie Dimon. From government to a CEO, these positions are not elected, rather selected, to control the narrative.

The big picture: Commodities and Housing will be also higher in the next 5-10 years, not because of what they are, rather by the destruction of a circulation of fiat money. Unless every nation is held accountable, and drastically limits government jobs and spending, the number will continue to spike, where in our lifetime, we will see 100 trillion per year at some point. The math is the only equation in this charade that shows a true outcome.

Conclusion: Your house value or commodity or land is not going up because of only supply and demand, it is being priced in to the dollar, loosing .99% of it's value, since the inception of the federal reserve in 1913. I explain that to people that buy gold and get happy when it increased $200 per ounce. It's not the metal going up, it's the paper currency used to purchase that is going down, over time. Somewhere in the middle are the exchanges that manipulate or limit the real price for as long as they can, but overtime, the real market prevails. The prices are manipulated by the Chicago Mercantile Exchange, Winnipeg Commodities Exchange, and the New York Mercantile Exchange, along with London and Asian markets.

Do your best and focus on your situation and follow the puck like Wayne Gretzky! Don't focus on the clowns in office!



Reagan 1980-1988 – $850 billion to $2.5 trillion
Bush Sr 1988-1992 – $2.5 trillion to $4 trillion
Clinton 1992-2000 – $4 trillion to $5.5 trillion
Bush Jr. 2000-2008 – $5.5 trillion to $10 trillion
Obama 2008-2016 – $10 trillion to $19 trillion
Trump 2016-2020 – $19 trillion to $25 trillion
Biden 2020-2024 – $25 trillion to $31.5 trillion

President Dwight Eisenhower
Total = $15 billion, a 6% increase
FY 1961: $3 billion
FY 1960: $0 billion with a slight surplus
FY 1959: $13 billion
FY 1958: $3 billion
FY 1957: $3 billion surplus
FY 1956: $4 billion surplus
FY 1955: $3 billion
FY 1954: $1 billion

05/09/2023

UK HOUSING SOLUTION -- WITH A LIKELY BAD OUTCOME

A country with a 10% plus inflation on paper, realistically I would bet closer to 20%, baking in food and energy prices. Rent is out control, closer to cities like London. While on paper this is a relief to first time homebuyers, this can also lead to a disaster, when in fact, the market will stagnate and drop from the current runups, leaving 100 LTV% borrowers, with no skin in the game, as renters, with a 35 year mortgage obligation. If that's not another form of central banking financial slavery, I don't know what is. No one is baking in the future Debt To Income (DTI), Bank reserves and unforeseen circumstances. Whenever we have a financial institution with the assistance of the government, the outcome is going to be not so nice, for many uneducated 1st time homebuyers, that are not explained about the 5 year term, with an additional 30 years thereafter. This 35 year term is another form of renting, but packaged and marketed nicely as a mortgage. The distress on rent prices and runups on real estate, with the ongoing inflation, will likely see the UK head closer towards Argentina, rather than the old UK. No one bothers to bring up a very long . We need to get back to accountability, schools have failed the concept of simple mathematics, along with budgeting a checkbook. Most of the clientele that fall in this boat, are not landlords and have no concept of using debt to build wealth, like the Rental Guru's such as Grant Cardone and others, using OPM (Other Peoples Money) that portray on Social Media. These are folks living paycheck to paycheck, and all it takes is one wrong move, or declining values to have missed payments and foreclosures.

Renters in the U.K. will be able to borrow up to 100% of the value of a property in a new mortgage scheme introduced by Skipton Building Society.

05/04/2023

Gold hits a new high!

$2000 will be the new low in the next few years for gold. Finally topped 2081$ after hours.

We may get some selloffs, but overall it’s slowly getting priced in.

Once we find out exactly how much the central banks have been buying, it’s game over!



Once your Uber driver or Barber starts talking about Gold, then it’s time to switch to silver and platinum!

05/03/2023

The one thing that’s gets overlooked with properties that have sold multiple times are the increased real estate taxes, that are assessed each time the property sells for more money.

You will notice a difference in properties that have had one owner throughout its lifetime, or the only exception, if you happen to buy a previous mayors house that had real estate and energy prices, much lower.

05/02/2023

Please contact us with any questions on self employed programs.

We do not charge discount or origination fees!

05/01/2023

Starting tomorrow, Venmo will start accepting Crypto transactions.

Keep in mind, you still need to redeem funds in $, in order to send to family, friends or services you purchased. (So this is in beta stages and if clients use this in lieu of other networks, this will bring in a lot of $$ transactions for Paypal!

Fees are below. Share your thoughts on this. In my opinion, I am on the sidelines waiting for a Crypto and or Block chain, that is solely backed 100% by a commodity. Otherwise you are buying and hodddling something that will lose it's value when everyone starts selling. It has to make sense to where you can purchase goods and the buyer of last resort is not going to have a currency that fluctuates 5-10% percent per day. Lastly, the other issue, all transactions will be transparent and infringement on your privacy in all aspects.

Buying or selling cryptocurrencies --- Paypal/Venmo Breakdown

Cryptocurrency purchase or sale amount:
There's a fee for buying or selling cryptocurrencies. Fee will vary based on purchase or sale amount.
$1.00 - $4.99 $0.49
$5.00 - $24.99 $0.99
$25.00 - $74.99 $1.99
$75.00 - $200.00 $2.49
$200.01 - $1000.00 1.80%
>$1000 1.50%

https://lnkd.in/eZz6VYNq