A&D MORTGAGE, LLC
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Financial Realities of Homeownership: Hidden Costs Your Clients Must Know…It’s crucial for borrowers to understand how property taxes work: Assessment Value: Property taxes are typically based on the assessed value of the home. Ensure your clients are aware of…
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Understanding P&L Mortgages for Self-Employed Borrowers…disadvantages: Pros: Flexible Income Assessment: P&L mortgages offer flexibility in assessing your income, considering your actual net income rather than a fixed salary. Competitive Interest Rates: If you qualify, P&L…
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Pre-ApprovalPre-Approval is a preliminary assessment of a borrower’s creditworthiness. It defines their ability to qualify for a mortgage loan, based on a review of financial information. The Process of Pre-Approval…
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Understanding Credit Scores and Their Impact on Mortgage Approvals…scores are a key factor in mortgage approvals as they provide lenders with an assessment of a borrower’s credit risk. Lenders use credit scores to determine the interest rate, loan…
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Wealth Strategies: Maximizing Opportunities with Jumbo Loans…detailed qualification criteria and effective risk assessment techniques. Discover proven strategies for managing and closing Jumbo loans successfully, ensuring you cater to the unique needs of high-net-worth individuals. Gain practical…
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A&D Market Digest for 4/25/22…This is a fair assessment as long as we assume the recent, moderate decline in existing sales is a reflection of rising rates.” UPCOMING WEBINARS The New Non-QM Normal: Successful…
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Debt Service Coverage Ratio (DSCR)…of loan, industry norms, and risk appetite. It’s worth noting that different lenders may use variations of the DSCR calculation, and they may also consider additional factors in their assessment…
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Matching the Right Loan with the Right Borrower: A Guide for Mortgage Brokers…comprehensive assessment of your client’s income, expenses, debts, and credit history. This analysis allows you to understand their overall financial picture and identify any potential challenges or opportunities. 2. Prioritize…
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CA Mortgage Expo 2023 | LA South…proud to be bringing this show to you. And we’re inviting you to be part of this important conference designed to make you a better mortgage originator. Attend for free…