Home Navigators’ Exclusive Mortgage Rate

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We’ve always stressed the importance of doing your homework and crunching the numbers when it comes to purchasing a home. Sticker shock is a real thing, and many people experience it when their first payment comes due. Part of that due diligence is shopping around for the best mortgage rate and understanding the specifics of your home loan.

The Home Navigators Team has partnered with a lending group in Paramus to offer our customers exclusive rates and loan modifications to make your next home buying dream a reality.

For a limited time, our clients can enjoy a reduced base rate as low as 5.45% for a 15-year loan and 5.70% for a 30-year loan. Additionally, if you are current with your mortgage payments, they are offering up to two loan modifications. Essentially, if rates were to go down more than a quarter of a point, your loan would be “recast” at the new, lower rate and the then-current remaining time and principal balance. This means not needing to reappraise the home, more underwriting, and restarting the loan at 15 or 30 years.

They are also offering a Pledged-Asset Feature that allows borrowers to pledge certain securities such as non-retirement stocks, bonds, and funds as part of their down payment. This lets you keep your current investments intact and defer potential capital gains by not having to sell them for use in a cash down payment. It also means you can pledge your securities as collateral for a loved one’s home loan. This is ideal for parents who want to help their children with a new home purchase, or families who wish the purchase a home and do renovations, but don’t have the cash to do both.

Another benefit has to do with Debt-to-Income requirements, which can make it difficult for some borrowers to qualify for loans. They can derive income from both retirement and non-retirement assets to help lower that ratio. Finally, they have a fully insured FDIC savings promo that pays 3% without any risk to principal or lockups. This means you can increase your down payment to get a lower mortgage rate.

Obviously, all the above information is subject to credit approval, requires a formal loan application and other standard information and processes. You can reach our team to connect.

Having a great real estate agent goes beyond buying and selling. Networking and partnerships go a long way towards ensuring you have the best and most beneficial purchasing or selling experience and the Home Navigators Team led by Maryanne Elsaesser have that experience in spades.

About Maryanne Elsaesser

Maryanne Elsaesser is known for individualized strategic planning and solving complex matters with calmness. Her clients say she is a "brilliant negotiator," tenacious, helpful, smart, creative, focused and has an amazing ability to read people. Consistent hard work puts Maryanne in the top 1% of brokers in the country. Maryanne is well-versed in contractual elements and understands the intricacies of navigating the most profitable net gain in each transaction. She can be reached at 551.206.9264 or maryanne.elsaesser@gmail.com.

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