So
today I taught a Lunch and Learn about Time Management to a dozen of my
referring realtors. We talked about tactics to save you one hour a day, and how
to avoid derailment! Or at least make it shorter in nature. If you are like me,
you can sit at your desk and get LOST in paperwork literally for hours. SET
YOUR IPHONE TIMER to 15, 20,30 minutes (example) that you want to QUIT the
task, and it will sound off, and bring you back into the reality that you need
to move onto something else!
No
market news this week. RATES ARE LOW. THAT’S IT!
TAX
DEADLINE IS Monday, April 15!
A
GREAT ARTICLE about the Tax Benefits of Homeownership:
http://www.nahb.org/generic.aspx?genericContentID=113542&channelID=311
It’s
a beautiful weekend, and I bet you are showing houses. Good luck, and if you
need us, we are here!
RATES
as of April 12th, 2013 (Up for the Week)
The following assumptions apply:
- 20% Down Payment (Conforming) / 25% Down Payment Jumbo
(Lower down payments available – call for details)
- 1% Origination Fee
- Escrows Required (if no escrow, higher fees may
apply)
- Purchase Transactions, Primary Residence (Refinances
have different rates)
- 30 day closing
- Credit Score 740 +
- Debt to income ratio <=40%
- Full Documentation of Income/Assets
|
Conforming
($200,000* - $417,000)
|
Jumbo
($417,001- $1,000,000*)
|
|
10
year (fixed) 2.500%
APR 2.612 %
|
15
year ( fixed )
3.125% APR 3.159%
|
|
15
year (fixed) 2.625%
APR 2.702%
|
30
year ( fixed ) 4.000%
APR 4.019%
|
|
30
year (fixed) 3.500%
APR 3.544%
7/1
ARM
2.625%
APR 5.216%
|
5/1
ARM
2.500%
APR 5.610%
7/1
ARM
2.875% APR 5.422%
|
|
5/1
ARM
2.375%
APR 5.520%
|
10/1
ARM
3.250%
APR 5.104%
|
|
|
|
|
FHA/VA
call for quote (max loan $270,000)
|
|
|
|
|
We do originate loans below
$200,000. These amounts are chosen to show the most favorable rates.
For other product
options or for loan amounts less than $200,000 or above $900,000 please call
for quote.
Call for details!
If you know of someone who
would appreciate my services, please contact me with their name and
number and I will be happy to help them!
Jennifer
Hernandez & Team
Kenny, Sandra,
Nancy, Jimmy, Heath, Norma, Jason, Stella & Monique
Patriot Bank
Mortgage
NMLS# 514497
Office: 713-337-8400
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