FED RATE CUT…What does it mean?

Mike News Update

8/1/19- I hope your week is going well and YES the Federal Reserve cut Interest rates yesterday and it really didn’t do anything to interest rates when it comes to mortgages.  Every time interest rates are cut, inflation becomes a little more of a concern.  I don’t think that is a big concern now, but… [Read More]

Reverse Mortgages

Reverse Mortgage

7/30/2019 – I hope you are having a great week and I hope that life is treating you well.  The heat has slowed the market ever so slightly, but we are still booming due to low interest rates. We are still seeing quite a few Reverse Mortgages being done and to me they are a… [Read More]

STATED INCOME LOANS!

AF Home Loans - Proof-01

7/25/2019- I hope you are having a great week and I hope that you are enjoying the heat. I am pretty amazed at some of the loan products that are coming out lately.  Here is one from the past and we are currently doing these loans!  STATED INCOME! 25% down no reserves after closing, but… [Read More]

Jumping Off The Fence

Cow on Fence

7/23/19- I hope you are having a great week and that life is treating you well. Here is a blurb from what I sent a potential client last night.  I have quite a few fence sitters right now and maybe this helps get them motivated. If you purchase for $500,000.00 and put 3.5% down ($17,500.00) you… [Read More]

Investor Loans

Mike Meena

7/18/19- I hope you are doing well and I hope that everyone is thinking about saving money this year! We had a product change that I found very interesting this week.  Well, it wasn’t really a change, but we can now qualifying on the interest only payment on our investor loan program.  So here is… [Read More]

Using your IRA /401K Income

7/16/19- I hope you are doing well and I hope you had a wonderful weekend.  It was a busy one here and I was happy to come to work and work in peace.  I went to a little retirement gathering for a friend and I never really considered retiring for real.  I am still not… [Read More]

100% Financing to $1,000,000.00

Million-dollars

 7/11/2019- I hope you are having a great week and I hope that life is treating you well.  My wife went on vacation this week and left me with two dogs that are usually excited and protective.  This week they seem lethargic and sad.  I think I am a bad dog Dad. So we have… [Read More]

1st Time Buyers Tax Credit

7/2/2019-  1st Time Buyers Tax Credit I hope you had a great weekend and I hope this 4th of July week is a wonderful week for you.  Last week we took a little vacation up to Lake Tahoe and we had a great time.  It was nice to get away and I was happy to get… [Read More]