Greg Kiamie Mortgage Info

01/07/2023

Met so many first time buyers at the Meadowlands bridal show. Starting them off with a first time buyer program.

08/27/2019

Rates are at historic lows again. Don't lose money by just watching. Contact me today to see how lower rates can save you money.

Interest Rate are at historic lows again and it is time to review your mortgage. Do you have credit card dept or a high rate equity loan? Is it time to consolidate all this into a single payment? Lets take a look. Reach out to me for a no cost analysis.

- https://www.loandepot.com/gkiamie

04/23/2019

Lock your rate while you shop for a home and be confident that your loan is approved with our direct to underwriting loan approval. THIS IS THE BEST WAY TO SHOP FOR A MORTGAGE.

- http://www.loanDepot.com/gkiamie

10/11/2018

Veterans, Dont miss this opportunity.
Qualified Veterans can purchase a home with a VA mortgage. VA mortgages can finance up to 100% of the purchase price at low interest rates and require no monthly mortgage insurance payments. You served us now let us serve you! I will be happy to provide you with a personal consultation on how much of a mortgage you can qualify for before you start to look for a home Feel free to contact me any time. .

01/25/2014

GUESS WHAT. YOU DON'T HAVE TO HAVE 20% DOWN TO BUY A HOME. There are many safe and economical ways to purchase a home with less than 20 percent down. Programs are available for first time buyers as well as trade up buyers. We offer products with as little as three and a half percent down. We offer loan programs that consist of two mortgages. A first mortgage for 80 percent of the purchase price and the second mortgage the 10 percent of the purchase price for total of 90 percent financing. This is known as a combo loan package. The benefit of financing your new home with a combo loan package is that you will not be required to pay mortgage insurance even though you only come to the table with 10 percent down. This is a great way to get into the housing market while prices are still affordable and interest rates are still low. Feel free to contact me anytime for a no obligation consultation and pre-approval approval. Don't miss the opportunity.

12/18/2013

Housing Starts up 22.7% -- biggest increase since 1970. Building permits down 3.1%. Collective news is slightly mortgage interest rate unfriendly. This will likely begin the increase in rates. There are also other factors that will drive the cost of borrowing higher such as lowering max loan amounts, Higher GSE fees and Fed tapering. JUMP IN NOW nad take advantage of the current rates. There is NOW a reason to make a move.

12/06/2013

Economic news has been positive. Good news on the employment front this morning with the unemployment number falling significantly. This stability will put pressure on the fed to take their foot off the accelerator and possibly begin to taper their purchase of mortgage assets. This could mean rates will rise in the near future. We have seen it already with rates being higher now than they were the beginning of this year.

Use this information as part of your overall strategy to become an informed buyer.

12/06/2013

Check out Janice's new listing in scotch plains. Reach out to her for more information and professional advice. She will be happy to assist you.

Janice Tittel has a new construction listing in Scotch Plains priced at $889,900. For more information visit: http://bit.ly/193l8uQ

12/02/2013

Its Cyber Monday,
Visit my SECURE website for great mortgage information and an easy application that can be uploaded directly to me from any computer. Purchases, Refinances and Pre-approvals are welcome. Get a fast response and courtious service. You can always call or e-mail me with any questions.

Greg Kiamie (NMLS 106777)
Sr Loan Officer
Cell Phone (908) 591-9589
WEB SITE www.mortgagemaster.com/gkiamie
E-mail [email protected]

Greg Kiamie NMLS # 106777
www.mortgagemaster.com/gkiamie
(908) 591-9589

11/25/2013

Here are some important things to remember during your holiday shopping spree.

Watch out for store credit cards offers.
As you browse through the mall during the holidays you will be barraged by special offers for opening a store credit card. These offers will likely save you a few dollars on your purchase or offer you a free gift. This sounds great and may entice you to buy a little more because of this "great deal", but watch out. There is a price to pay in the overall picture. Store cards will likely charge a high interest rate and offer a lower credit limit. When you apply for this new credit the store will run your information through their system. They are making a hard inquiry to your credit in order to decide whether to approve your credit. This type of inquiry will negatively affect your credit score. Applying for a few of these store cards for may significantly lower your credit score.
Consider using one of your major credit card with the highest limit available.
In addition to your credit history and the recent inquiries made, a key factor used to calculate your credit score is your credit card usage percentage. This is the percentage of credit used to the credit limit on each card. Owing $700 on a card with a $1,000 limit will have a negative effect on your score while carrying a balance of $2000 on a card with a limit of $7,000 might not. It may me a good idea to pay the balances down before you go shopping so that the balance stays under 30% of the limit.
Cash & Debit Cards.
While "Cash is King" it might not be a great idea to carry around large amounts of cash. Someone may see you checking out at a particular store with a wad of cash on hand and decide that you are a good target. If you feel comfortable using a debit card It may be the a safest way to go and won't affect your credit.
What effect will this have on your credit score?
If you are in the process of or are planning to purchase or refinance a home in the near future, this information is very important. Interest rates on a mortgage often depends on various things including your loan amount, down payment and credit scores. Even a slight drop in your credit score may cause your loan rate to increase.
Also if your family knows that you are planning to purchase a new home, they may want to help you with a cash gift during the holidays. Save yourself the hassle of needing to verify these deposits. Be sure these gifts are in the form of a personal check and keep copies of everything before making a deposit. You may be asked to produce these copies if you go to contract in the near future.
Taking simple precautions could save you both money and aggravation.
Taking the simple precautions listed above will make your life a lot simpler after the holidays. Protect your credit score and don't over extend yourself. Remember the holidays are about enjoying your family and being thankful for your blessings. Shop responsibly and have a HAPPY AND HEALTHY HOLIDAY.



Remember, I am here to help. Call anytime and enjoy your holidays.