Brian Satterlee - Mortgage Loans

08/12/2025

Are you currently a renter wondering if you'll ever be able to buy a home? You may be closer to that dream home than you think! Call today and let's see what I can do for you!

Contact me today, for a personalized mortgage quote.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

08/12/2025

Big dreams of a big home? Call today to learn about our jumbo loans!

Contact me today, for a personalized mortgage quote.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

04/29/2025

04/19/2025

Homebuying season's here! Springtime comes with warmer months and new beginnings. Start your homebuying adventure today and message me!

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

03/19/2025

Housing Prices are up or down? Rates are coming down or going up?

Is now the right time to buy a home?

Historically home prices have gone up over time. To try and time the market is VERY difficult to do. And the longer you wait the more appreciation you’ll potentially lose out on by not owning today. Even if you buy a home at a high in the market, chances are you will be fine as long as you don’t sell during a market low. Owning the home over the long haul will overcome any dips in the market and you will likely come out on top.

Can you afford to buy in today’s market with the today’s interest rates? Give me a call and let’s find out together. Let’s get an application going and see if we can get you pre-approved. Once pre-approved you can shop for a home and stop stressing over the market.

Reach out today for a personalized mortgage quote.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

03/10/2025

Down payment assistance programs are not for everyone.

The truth is down payment assistant programs are intended to help those who may need help with home ownership. There are usually income limits, area restrictions, first time buyer requirements and more depending on the program. Depending on the program a borrower would still be responsible for some if not all closing costs even with down payment assistance.

But if you don’t qualify for a down payment assistance program it doesn’t mean that you have to come up with 20% down. For example, you can get a conventional loan for as a little as a 3% down payment and closing costs of course. Sometimes negotiations can be done, and the seller can contribute towards closing costs to further help the borrower purchase the home.

So, don’t let the down payment and closing costs discourage you from buying a home. Give me a call and let’s see what you qualify for.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

03/04/2025

With me, you don't have to go on a research frenzy to get a great deal. Home loans are what I do best! I simplify the process so you can focus on finding the perfect home for you. Reach out, today!

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

02/21/2025

Are you self-employed and thriving? Let's take something off your plate. Your bank statements can open up new doors and help you on your homebuying journey. Call me today!

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

02/15/2025

Get PRE-APPROVED, not PRE-QUALIFIED.

You wouldn’t go to the grocery store, fill your cart full of groceries without verifying that you had the money to pay for those groceries, would you? Of course not, you would check your accounts first so you know how much money you have and how much you can spend. That is a PRE-APPROVAL!

If you were to instead think to yourself, I have a job so I have the money to pay for the groceries, well that’s PRE-QUALIFIED. It doesn’t mean you have the money to pay for the groceries in your cart, but you should. It sounds good, but you could have just wasted a lot of time and be disappointed at the checkout counter. Pre-qualified is just an assumption, no verification of the borrower’s financials has been done.

Save yourself time and get PRE-APPROVED. When I pre-approve a borrower, I have collected and reviewed their financial documents and run the file through the lender’s system. Get pre-approved BEFORE you shop for a home or put in an offer. This saves you time and stress. If there is some financial situation that needs to be taken care of then we have the time without a contract deadline looming. And if you are pre-approved you have already provided most if not all the financial documentation needed so you can potentially close earlier than expected.

Give me a call/text/email, let’s have a conversation and see how much you are approved for.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

02/05/2025

“I have great credit, what is my interest rate”? I hear it all the time, BUT…

Interest rates are based off of more than just credit score. Let me explain.

Mortgage rates change multiple times a day. Not by much, unless there is some big event, like COVID lockdown for example. Rates are based on the market going rate than any pricing adjustments based on the borrower’s qualifications. Some of those adjustments are the credit score & history, loan to value ratio, debt to income ratio, size of down payment, property type (i.e. house, condo etc.), loan size, loan type (i.e. conventional, FHA etc.) as well as other loan & borrower specifics. Generally speaking, these are known as borrower qualifications. Usually, any one of the criteria doesn’t change the interest rate by much but when you add them all up it can make a difference.

I like to mention two important points about interest rates. First point, my pay is in no way based off the borrower’s interest rate or any terms of the loan, that would be in violation of Reg Z and jeopardize my license. If I could, I would give everyone a zero percent interest rate in order to earn more referrals, but I don’t have that option. Second point, based on the needs of the borrower there are times when the best rate might not be the best option. Let’s say the borrower needs to close quickly, self-employed, or has credit issues. The lender to best handle that borrower’s needs may not have the best interest rate. Some lenders close faster than others which in turn they typically don’t like to spend the extra time on those with credit issues. Some lenders are aggressive on government loans but don’t close quickly. Each lender tries to have a niche or a focus to set themselves apart. But these can change depending on the loan types they are doing and how busy they are.

Understanding interest rates can get complicated and varies by lender, market conditions and not really something you can change at that lender short of buying down the rate. That is the value of working with a mortgage broker like me, I can shop different lenders to get the best rate based on a borrower’s needs.

Contact me today, for a personalized mortgage quote.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

01/22/2025

Let’s talk down payment & closing costs…

A down payment is the money you come up with out of pocket to put towards the price of the home. How much you put down depends on your budget and the loan program required minimum. There are down payment assistance programs for first time home buyers, grants, gift money and low-down payment requirement loans to help with this expense. But a larger down payment will get you a little better interest rate, typically. If you put down less than 20%, then expect to pay mortgage insurance on top of your normal monthly mortgage payment.

Closing costs include government taxes on the mortgage and deed, escrows, lender fees, title company and recording fees, appraisal fees, HOA fees, home owner’s insurance and any other fee that is needed to finalize the transaction and transfer ownership. These costs are usually paid by the borrower but the seller can help pay these costs with seller concession. Seller concessions usually have a cap depending on the loan type.

Combined, between the down payment and closing costs its likely going to be 10’s of thousands of dollars coming out of your pocket to buy a home. So, knowing your budget and working with a mortgage professional (like me) to help iron out the details is very important. I have to ACCURATELY estimate your closing costs, match the down payment to a loan program with a good interest rate to ensure loan to value and debt to income ratios are within acceptable limits to the lender and loan program. And any change in one number affects the others. As you can see details matter, give me a call and let’s have a conversation to see how much you are approved for.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662

01/07/2025

What is a first-time home buyer mortgage? – SPOILER: Trick Question

Did you know that to qualify for a first-time buyer mortgage program it doesn’t literally mean your first home purchase?

Lenders typically go by the IRS definition of a first-time home buyer which is: A first- time homebuyer is an individual who, with his or her spouse if married, has not owned any other principal residence for three years prior to the date of purchase of the new principal residence for which the credit is being claimed.

As a first-time home buyer there are different loan programs available for down payment assistance. Other restrictions may apply, like income restrictions, a cap on how much assistance is provided or property restrictions just to name a few. But that down payment assistance can REALLY make a difference towards the purchase of your new home.

Give me a call/text/email, let’s have a conversation and see how much you would qualify for.

Brian Satterlee NMLS - 1932836
Phone: 321-863-5478 | Web: www.BrianSatterlee.pro
Platinum Advantage Mortgage NMLS – 1890662