by Athena Paquette | Apr 9, 2016 | Blog, Home Owners, Investors, Realtors
If you have less than 20% down, you have to pay PMI. FALSE. There are 2 ways to avoid PMI. One is to do what we called tandem financing or a “piggyback loan.” The first bigger loan is 80% of the price of the home, as if you have 20% down. Then we give you a second...
by Athena Paquette | Apr 2, 2016 | Blog, Home Owners, Investors, Realtors
This week’s economic news was fairly bland and therefore rates stayed the same. The biggest news of the month is usually the jobs report. The consensus was that the non-farm payroll numbers would be 200,000 and the number came in at 215,000. Average hourly earnings...
by Athena Paquette | Apr 2, 2016 | Blog, Home Owners, Investors, Realtors
One of my investor clients who got tired of bidding against all cash offers here in California came to me a few months ago and asked me for coaching on where to invest. I shared an area of Florida that I am investing in. I also told her that she needed to know her...
by Athena Paquette | Apr 2, 2016 | Blog, Home Owners, Investors, Realtors
Can a person on disability qualify for a home loan? You betcha! I received a call today from a lady who was referred by her sister, a long-time fan of mine who refers at least 2 people per year to me for new loans or refinance loans. This lady had gone to her local...
by Athena Paquette | Mar 19, 2016 | Blog, Home Owners, Investors, Realtors
All eyes were on the Fed this week. The Fed decided not to raise the prime lending rate and the markets loved it, giving interest rates a break. The upward movement of last week was broken. We started the week with the Feb retail sales down .1% but then Jan. sales...
by Athena Paquette | Mar 19, 2016 | Blog, Home Owners, Investors, Realtors
Sometimes a loan is more than just a loan, it’s freedom! A client, who has been a client now for 15 years, called to see if I could help because she was in a bind. She had co-signed for her son for credit and let her son use her credit cards to run his construction...
