Waiting means higher costs as home prices rise. A $700,000 home today could cost $732,000 next year due to appreciation. By buying now and refinancing later, you save on future costs. 🏠 Marry the home, date the rate! Watch to learn more about making smart real estate decisions. Subscribe for more tips! 📞 (978) 376-5389 […]
🎥 **FastTrack HELOC: Quick and Secure Funding | Chris Graves Explains**
Introducing the FastTrack Home Equity Line of Credit from Sierra Pacific Mortgage, designed to provide quick and secure access to funds for homeowners. **In This Video:** – Learn about the benefits of a HELOC and how it can help you manage large expenses. – Discover the unique features of our FastTrack HELOC program, including fast […]
🎥 **How Long to Close on a Home? | Chris Graves Explains**
Confused about how long it takes to close on your new home? Typically, it’s 30 to 45 days, but various factors can extend or shorten this timeline. Want to close faster? Check out our Fast Trac loans, which can complete the process in as little as 2 weeks! 🏠 **In This Video:** – Learn about […]
How to Finance a Home for Your Disabled Child or Elderly Parent
In this video, I discuss a special owner-occupancy provision by Fannie Mae that allows you to purchase a home for your disabled adult child or parent under owner-occupied financing terms, even if you’re not living there. 🔑 What You Will Learn: – The challenges of securing a mortgage for homes not lived in by the […]
**How to Lower Your Mortgage Payments with Loan Recasting | Chris Graves Explains**
Are you looking for a way to reduce your monthly mortgage payments without going through a full refinance? Loan recasting could be the answer you’ve been searching for. **In This Video:** – **What is Loan Recasting?** Learn how you can pay a lump sum towards your mortgage principal to lower your monthly payments. – **Eligibility:** […]
Understanding the Housing Market During a Recession | Mortgage Minute with Chris Graves
There are many myths about the housing market during recessions, and it’s time to clear them up. Contrary to popular belief, historical data shows that home prices have often risen during economic downturns, not fallen. The market crashes we recall, like the 2008 disaster, were due to specific unstable factors, not merely the recession itself. […]
Why Waiting to Buy a Home Could Cost You More Than High Interest Rates
Many are hesitant to buy a home today due to rising interest rates, but waiting could actually cost you more in the long run. The potential appreciation gains you forfeit might exceed any savings from a future drop in rates. Plus, lower rates could mean more competition and higher prices. 💬 Think it’s better to […]
Think You Have a Low Rate? Think Again!
📉📉📉 Proud of your low mortgage rate? That’s great! But let’s talk about your blended rate—the real rate you’re paying when considering all your debts, including auto loans, store credit cards, and those tempting ‘buy now, pay later’ offers. This number might tell a different story. Many find themselves surprised by their real financial picture, […]