Recently our team closed a loan for a couple that were both doctors. With their busy schedule, they hadn’t taken the time to refinance out of their adjustable rate mortgage (ARM) into a fixed interest rate loan. As part of our database updates we were able to reach out to them so they could take advantage of the market opportunity.
The doctors might have a job change in one year. This was an important fact when our team recommended a loan product. In their situation it is important to do the loan with no closing costs so their break-even point is immediate. If they move in one year then they were still able to save a significant amount of money on their mortgage. If they don’t move, the savings becomes huge over time! Continue reading Success Story – Super-Jumbo Mortgage for Busy Doctors→
Why don’t more renters buy homes? A survey of 318 renters was very revealing as there were 7 1/2 reasons that were identified.
Doug Haldeman recently became certified as a Path2Buy Homeownership Coach. If you are a renter or know a renter that needs to get on the Path2Buy, visit our site and watch the videos. Then be sure to sign up for our FREE coaching program!
Doug and Tammie give a family update and cover what it’s like to have eight kids in a blended family. Listen in to find out how finances and time management look completely different in a large family.
The murder of Beverly Carter in Arkansas sent shock waves through the Realtor community nationally. This case brought awareness to all Realtors about their vulnerability, and the precautions that are necessary. Maggie MacDonald from Cooper Realty Group at Keller Williams joins us in studio as we talk about some of the changes that have been necessary in the Realtor community.Continue reading Realtor Safety→
Have you ever had a home purchase or mortgage transaction die because of a detail that you never thought of? Maggie MacDonald from Cooper Realty Group at Keller Williams joins us to cover how the Devil is in the Details: where real estate transactions go wrong and how to prevent them. In our interview we break down into the three professions that cover the details and have to deal with solving problems as they occur. We answer all of the questions below in our in-depth interview:
The Doug Haldeman Mortgage Team is now the premier lender for Jumbo Loans in Missouri.
Jumbo loans are loans that exceed $417,000, which is the conforming loan limit through Fannie Mae and Freddie Mac. Conforming means that the loans conform to Fannie Mae and Freddie Mac guidelines. Conforming loans are also called conventional loans. Jumbo loans are referred to as non-conforming loans because they don’t have to “conform” to Fannie or Freddie guidelines.
In the past, most jumbo loans were adjustable rate loans. Now, we can offer a 30 year fixed interest rate that is lower than the market rate. Many affluent homeowners that are in adjustable rate loans now have a chance to secure a fixed rate at historically low levels.
With the government printing money at record rates, it is very likely that rates will be going up over the next several years. Now is the time to consider moving to a fixed interest rate. Reach out to us and our team will help analyze your situation to see if you are a good candidate.
Call us at (314)472-DOUG (3684) or email me directly at firstname.lastname@example.org .