In general, Mortgage Loans are just not as straightforward as the last 10 years. Since 2009, Dan Cassel and the Trinity Mortgage Broker team have delivered Aggressive CA Residential and Investment Loan Pricing and Loan Solutions to Salaried or Self-Employed Borrowers that the common “Full-Service Mortgage Banks” just typically do not provide. Our loan products…

Mortgage rates recovered and bounced at 6-month lows early last week and moved higher at a faster-than-normal pace through the middle of this week. They’ve been slow to recover, but Friday went a long way toward solidifying the short-term ceiling. Economic data inspired the move on Friday with Consumer Sentiment falling to the lowest levels since 2011,…

Mortgage rates moved slightly lower again today–extending a steady string of improvements that began after last week’s Fed announcement.  The average lender is now able to quote conventional 30yr fixed rates that are at least as low as those seen in the middle of July.  In most cases, today’s offerings are slightly better. The details can vary quite a bit…

“Taper talk” refers to comments, speeches, or official policy communications from the Federal Reserve (aka “the Fed”) that speak to the timing and nature of a reduction in the Fed’s bond buying activities.  Wow!  What a boring and potentially confusing sentence!  Let’s try again… The Fed buys bonds–US Treasuries and mortgage-backed bonds (which, in turn, serve…

This is the Current Typical Loan Documentation to begin a Investment Home Loan Application: Borrower Sponsor details we typically need to learn more: §  Copy Of Mortgage Statement (s) and Notes §   Zip code of Rental(s) §   Purchase or REFI? §  Resume or simple summary of Investment Property experience/ §  Schedule of RE owned §  Online Loan Application and credit score…

Mortgage Relief for Homeowners If you are experiencing a hardship such as job loss, income reduction, or sickness due to COVID-19 and you are no longer able to make your mortgage payment, your mortgage servicer is available to help with mortgage relief options, including: Payment relief through a forbearance plan offers a reduction or suspension of your mortgage…

It was big, bad news when it came out last summer.  Almost a year later, the 50 basis point “adverse market fee,” which affected a majority of refinance mortgages has been eliminated! Backstory In early August 2020, Fannie and Freddie (who collectively buy or guarantee a vast majority of all mortgages) announced that virtually all…

Mortgage rates are coming off a solid performance last week after having moved to the lowest levels in 5 months by Thursday afternoon.  This week is shaping up to be a bit different, however.  In fact, as of Tuesday afternoon, the average lender has lost most of last week’s improvements. What’s behind the volatility? There are both general and specific considerations.  In a general…

Are you looking to take advantage of Today’s Low Interest Rates for the longer term? Maybe you seek a lower initial home loan payment, after also receiving some cash out from your home equity? Borrowers today need more loan options. They seek solutions. We understand that. One Loan concept that Dan Cassel and the Trinity…