FREE Report – Today’s Guide for Home Loans

Home Loans - The New Normal

Today's home loan market has consumer's confused.  New regulations have tightened an already difficult to understand market place for mortgages.  How do you know if you qualify for a home loan?  What do you need to do to qualify for a very low rate?

Many "would be home owners" are dismayed with the many requirements for home financing and those who want to refinance are also discouraged by the many complaints against the big banks on taking months and months to get the refinance done.

John Sauro, President of North Atlantic Mortgage Corp. say's that consumers must be armed with knowledge. "The home loan market has changed greatly since the credit crash.  Consumers need to be educated before deciding on a home loan and where to apply for one.  Consumers that are not prepared to meet the today's home loan qualification's, may find themselves chasing lender's for months for an answer."

Finally, there are answers to the many questions consumers have.  North Atlantic Mortgage Corp. has made available a FREE report- "Today's Guide for Home Loans"

This report cover's all that consumers need to know about today's home loan financing challenges.  This is a must read for anyone planning to buy or refinance a home.

CLICK HERE to get your free FREE Report "Today's Guide for Home Loans" now!

or contact North Atlantic Mortgage at 1-877-794-5363

 

Are you looking to lower your mortgage payment or qualify for a higher loan amount and not sure of who to use?

  • Should you spend your days checking all the different banks for their different rates?
  • Should you check bank rate monitor?
  • Should I use the bank I have my savings account with?

NO YOU SHOULD NOT DO ANY OF THE ABOVE!

  • It would take too much time to go to bank to bank to bank and by the time you apply and lock your rate it will not be the lowest anymore.
  • Banks advertise with a low rate on bank rate monitor just to get you to call, then the rate is completely different, always!!
  • Just because you have a savings account and you know someone in the bank means nothing! Underwriting is done by the books and never takes into consideration relationships. The underwriting of your loan is not done in the branch and you will always pay for a retail rate not a wholesale rate.

USE A BROKER THAT YOU KNOW OR TRUST!!! ALWAYS!!

A broker has to pass extensive training and licensing to get his licensing, a branch worker doese not. A broker has access to all the banks wholesale rates. With one application a broker can lock your mortgage rate at what ever bank has the lowest rate at a moments notice. They monitor all bank rates better than you can, they live and breath rates all day long. If they have been doing this long enough they can even predict what bank will have a very low rate.

North Atlantic has been a top Mortgage Broker since 1996 and clients always return because they have been through the process and know this is the only way to get a very low rate.

Call to speak to John Sauro, he is the most experienced Mortgage Professional you will ever find. He will put your mortgage concerns at ease with a very quick phone call or email him john(@)northatlanticmortgage.com and with about 10 questions answered you will be on your way.

It cost nothing to get started!!!

Don't waist your time & money!! Contact him now!! 1-877-794-5363

John Sauro

 

 

North Atlantic Mortgage Corp. 733 Summer St. Stamford, CT 06901 

Licensed Mortgage Broker, CT, NY, FL, Banking Department *Loans Arranged Through Third Party Providers. MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER. NMLS #1375

What Mortgage Rate Should I Have?

Use the Financial Tool below and see for yourself what mortgage you need.

The goal  is to get the lowest  monthly mortgage payment and essentially save you interest over the term of your mortgage. When you are considering refinancing your mortgage it is important to calculate how long it is going to take you to break-even or to recoup the amount of money that it costs you.

FINANCIAL TOOL - A quick view of your mortgage.

mortgage calculator

Real Estate Investment Analysis Software

by: Kim Charles Petty
Investing in Real estate is acquiring an increasingly critical profile with advancement in technology. Like other businesses all aspects of real estate investing also have become technology oriented and complicated. You may find handling day-to-day operations quite stressful and difficult to handle without obtaining expert support. The easiest way to cope with such a situation is to use real estate investment analysis software.

The software is user friendly and will prove to be the ideal option to manage your high profit ventures in real estate investing. To make it easier for you to handle the software, a detailed user manual and a CD are provided along with it. This will let you clearly comprehend the application and procedure for using the software.

The software consists of many features that are of immense use to committed real estate investors, brokers, real estate agents and developers. It allows quick and easy real estate investment analysis presentation for individual investors that help them in understanding implications of their investment moves and lets them make an informed decision on real estate investing.

There are many companies that sell real estate analysis software. Good quality software is a powerful tool that will let you determine your return on investment and analyze cash flows. It provides a near accurate estimate of future wealth/net worth and allows comparing multiple income properties through an executive summary. Using an executive summary you can run assumptions against different income generating properties and then make a comparison of the financial data derived through the executive summary to determine the property that will give the highest return. This caters to systematically building wealth through your real estate investments by making quick and better-informed decisions.

This user friendly software is available for all types of real estate like apartment buildings, single family rental housing, office buildings, industrial properties, ware houses and mini warehouses, commercial buildings etc. The software will help you generate all types of related financial reports like income statements, cash flow statement, rent roll, mortgage and equity, sensitivity analysis, executive summary, operating expenses etc. It can also let you have a breakdown of operating expenses in the form of expense item amount expressed as a percentage of total operating expenses and a percentage of effective gross income as well.

Real estate investing analysis software provides you with the flexibility of entering 2/3 mortgages on a one property to let you make a mortgage analysis of your investment real estate. It can take into account interest only mortgages, fully amortized mortgages, one future mortgage or refinancing, interest only mortgage with balloon payments, fully amortized mortgage with balloon payments etc.

You must look for real estate investing software that allows powerful sensitivity analysis by incorporating variations in purchase price, loan interest rate, appreciation growth rate, income growth rate, expense growth rate, vacancy rate and reinvestment rate of return.

In the real estate business you may come across terms that may appear to be complicated or confusing. Good real estate investment analysis software will invariably include an encyclopedia to help you out with this. It will clarify and help you understand the various real estate terms as well as its principles, concepts, practices and calculations with explanations to financial indicators like return, cap rate, IRR, GRM, DCR, DSR etc.

About The Author

Virtual Real Estate Investing Experts Kim and Charles Petty have been involved in over 700 real estate transactions in the last 9 years and are the creators of the Ultimate Turn Key Virtual Real Estate Investing Systems for investors all around the world who want to take advantage of the awesome profit opportunities in today’s real estate market. They are the worlds leading experts on Virtual Real Estate Investing. Go to http://www.virtualrealestateinvestingprofits.com/ or call 1-800-311-9228.

 

A New Perspective Can Increase Your Client List

Realtors should look at their clients, not just in terms of buying and selling their personal residences, but also in terms of being real estate investors. You think your clients do not have enough cash to invest in real estate? Think again. Did you know that you could invest IRA, Roth and 401(k) accounts in real estate? Your clients probably do not know this.

Consider asking every client these three questions:

1. Are you interested in buying real estate as an investment?

2. Did you know that you could invest your IRA in real estate using a self-directed IRA account?

3. Do you want me to forward information to you on investment properties?

Before I became a commercial realtor I asked my stockbroker and my accountant, "Can I invest my IRA in real estate?" Answers ranged from "no" to "it's possible but incredibly difficult". Being a real estate investor for years, I was always unhappy with these answers but was not willing to give up. After years of searching I discovered that yes, you can invest your IRA in real estate and soon was investing my own, and my clients' accounts, in various real property purchases.

Being the bearer of good news is always a good thing. Letting people know that this is possible is bound to raise interest in your services and increase your client contact. This is such good news, I've discovered, that people cannot wait to tell their friends about the possibility of investing IRAs in real property as opposed to the stock market. Dissatisfaction with securities due to market instability, mutual fund indiscretions and unscrupulous CEOs has caused everyone to look for alternatives and leaves the door open for you to bring other investment choices to your clients.

You probably have questions, such as:

How does investing IRAs in real estate work?
IRA accounts can be transferred from traditional IRA custodians to self-directed IRA custodians and invested in all kinds of real estate as well as notes, private placements and more. The IRA funds stay in an IRA account and there are no tax consequences if investments are done correctly.
Is it legal? Has the IRS changed the IRA law? Why hasn't anyone told me about it before?
Yes, investing in what you decide to is legal. Consult the IRS IRA FAQs to see what they have to say about real estate in IRAs (www.IRS.gov). The law has not changed, the IRS does not recommend or endorse any type of in-vestment. The investment of IRAs in real estate has been allowed from the very beginning of the IRA. You probably don't know about this because stock brokers make their living selling/buying stock and earning commissions on the trades. Why would they want people to know they could invest in real estate?
How can this information be useful to me?
Would the opportunity to tap into commissions based on IRA investments in addition to your standard transactions appeal to you? There is almost $3 trillion in buying power currently held in IRAs, the majority of which is held by customers who don't know they can invest it in real estate, at least not until you tell them! As a real estate broker you can also benefit in terms of your own retirement because of your access to properties at whole-sale. Also, consider how many more people you can market your listings to.

How can I learn more about investing IRAs in real estate? Your first stop should be finding a local self-directed IRA administrator. You can find continuing education classes as well as publications that can help you learn more. Increase your commissions by increasing the scope of your business. Include clients' IRAs as part of your business. Use the three questions in newsletters, your web-site, ads and whenever you meet a client. Be the bearer of good news and your clients will love you for it.

Catherine Wynne, President of Entrust New Direction IRA (newdirectionira.com) has extensive personal experience as a real estate investor and syndicator and is recognized regionally as an expert in the IRS rules for IRA investment. .