#1 mistake when searching “Mortgage Rates Today” The #1 mistake consumers make with the widely-searched term “mortgage rates today” is not knowing how to read the fine print and the multiple factors associated with determining accurate mortgage rates. The most deceptive advertised mortgage rates are either missing clear and conspicuous disclosures of the terms or have […]
3 min read
Many people don’t know where to turn when they need a mortgage, whether for a home purchase or refinancing. The obvious choice is most likely to be your local bank, although this may not be the best choice. Mortgage lenders or banks can be limited in what types of mortgage products and programs they offer […]
4 min read
Get no bull**** straight talk and all your mortgage options from Shahram Sondi, your Florida mortgage expert.
1 min read
Flipping a home can take anywhere from 6 months to 2 years. This means you will want a mortgage option that comes with the least amount of up-front costs and the lowest investment property rates in the short-term. Many mortgage lenders will advise you to opt for an adjustable rate mortgage (ARM). ARMs offer an […]
2 min read
If you’re buying an investment property so that you can rent it out or lease it to other people, you will be holding the mortgage loan in your name for some time. The lower your monthly mortgage payment, the more profit you stand to make from the rent you collect every month. Bottom line, you […]
3 min read
Home purchases have made a comeback this year as the economy continues to recover and consumers return to the market. While many of these purchases are cash deals, most first time home buyers do not have the means for a cash transaction. However, there are several Florida mortgage loans available for first time home buyers […]
4 min read
Getting the lowest FHA mortgage rates is often a challenging task for first time home buyers. The biggest mistake first time home buyers make is assuming that the big banks or lenders care about them and will offer them the best deal. Everyone in the mortgage business is in the business of making money, and […]
2 min read
Jumbo loans are more common today since building larger homes in residential areas has become easier and more acceptable. When someone needs a mortgage for a home that has a higher market value or is located in a high-cost area, they often need a jumbo loan. High cost areas are normally within metropolitan areas or […]
3 min read
Purchasing a home for investment purposes has gained popularity, especially in Florida where many people look to rent both long-term and short-term. An investment property is basically any property that is one to four units which the borrower does not occupy. Sometimes a primary residential property becomes an investment property when the owner decides to […]
3 min read
