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Chris Goulart, Broker Associate, DRE Lic. # 01458390 NMLS Lic. # 298819 Bay Mountain Mortgage broker Lic. #01227690
Historically low rate mortgage loans are here! Mortgage rates are at all time lows, fueled by multiple catalysts in the market. For those who are not aware, 30 year mortgage rates are closely related to the 10 year treasury yield. As the 10 year treasury yield fluctuates, rates on 30 year mortgages fluctuate in step. For the first time ever, the 10 year treasury yield fell below 1% – meaning mortgage rates on 30 year loans are following suit.
For homeowners who have low fixed rate loans, now is the time to look into whether a refinance is right for you. We specialize in alternative loans, but have relationship with wholesale lenders who have rates we’ve never seen before! These wholesale relationships allow us to be able to offer options to take advantage of this historic opportunity.
Give us a call today to discuss how we can help. We can help with your owner occupied properties as well as investment properties, second homes, condos and more. Acting as wholesale mortgage brokers, we can offer two different options for you to take advantage of these rates. We can provide a loan with no broker points charged to you – just a low low rate on a 30 year fixed loan that you can keep forever. In addition, we can offer a wholesale rate at a cost – which may make sense for those who plan to keep their loan for 30 years. Take the rock bottom wholesale rate and pay a low broker fee. The fee will pay for itself many times over throughout the course of a 30 year term.
The paperwork process for these loans we can make swift and painless for you. We have dedicated processors for our bank loans who will help you organize and itemize the items we need. We have programs for W-2 employees as well as self employed individuals. Additionally, we have programs for a wide range of credit scores. Don’t miss out because of a blemish on your credit history. Give us a call and see how we can help you benefit today!
We are always happy to discuss your options, with the historically low rate mortgage loans available right now it is well worth a phone call to see if you can benefit!