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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
To achieve financial empowerment, start by understanding how to manage loans, decipher interest rates, and pave your way towards financial freedom. In this episode, we discuss real estate, loans, and financial empowerment. Discover the secrets behind mortgages, interest rates, and the details of home financing. Our host, Michael Harris, shares his two-pronged approach: it’s not just about securing a loan but understanding it thoroughly. He shares how he helps clients make informed decisions, avoiding loans that don’t match their financial goals. What’s more, the discussion goes beyond just loans; it delves into life-saving strategies in the real estate industry. Intrigued? Tune in now and learn why understanding the fine print in financial transactions is crucial.
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I want to know what kind of loan you have. Have you looked at your mortgage statement lately or not? You don’t look at it anymore. You go online. You have an automatic payment. I got it. Humor me for a moment. Take a look at your mortgage statement online or on paper, if you have that. Let me know the percentage, not the interest rate but the interest volume. How much interest you are paying monthly to that overall mortgage payment? Are you even a 50/50 yet, half interest, half principal, or do you still have more interest and less principal?
We want to attack the principal and get that lowered faster by getting rid of that interest. I want to show you how we can make a whole way of getting rid of that interest so your principal goes down faster. You signed a contract for your home loan, a lot of lending, and to pay the principal a set amount of interest over a term that you owe. You owe the principal. I’m not trying to eliminate that principle. I’m trying to eliminate the interest so you can attack and get rid of the principal faster.
If I could show you how you may be able to without changing your lifestyle potentially not even refinancing or consolidating your current obligations but if I was able to show you how you can eliminate your debt in 1/3 or 1/2 the time with a net interest rate under 2%, would you be interested? Sure, you would. If I were here as a mortgage professional, as I tell you, interest rates would be 2%. If I could help you and refinance you down to that, you would say, “Where do I sign up?” I’m not asking you to do that. I’m asking you to follow the principles of money, understand what you can do, and have a perfect financial GPS. No obligations. That’s it.
Let me show you what I can do for you to change your life and your family’s life for that matter. (888) 543-3980. If you’re looking to convert debt to wealth I’m looking to change lending one household at a time. You’ve come to the right place. Email me at Radio@United4Loans.com. When you call or email, if the team is not picking up right away, I want to make sure we send you a couple of very easy-to-watch links with no obligations so that you can understand the concept of what I said a little bit better.
Based on your thought process, I’d like to set up a time personally to meet with you online. I want to talk to you and go over where you are and where your goals are, whether you’re downsizing, moving on up, adding obligations, looking to create wealth, or maybe new doors by more real estate. I want to be there for you to make it easier and I want to give you the roadmap to get that done.
How many of you still have those roadmaps in your glove compartment? You pull them out, block the whole view of the windshield, throw it in the back seat, and you can’t figure out how to fold it back up. You’re not doing that. You’re using various apps on your phone telling you where the traffic is and avoiding the best route for the alternate route because that route has an accident or something going on. You’ve got better information. I’m trying to get you better information when it comes to your finances, a perfect financial GPS program.
Looking at where interest rates are, we’ve seen a little bit of a backup again. Interest rates moved up a little bit. We saw the tenure treasure hit about 3.57%. People ask, “What’s your interest rate?” It varies depending on credit score, loan-to-value, and what’s going on based on the type of loan and where you are to things. In general, let’s say you take that 10-year treasury in the market at 2.5% to 3% to it. If you took 3.57% at 2.5%, you’re at 6.07%. If you add that additional 0.5%, it’s 6.57%. You’re about 6% to 6.5% on a 30-year fixed.
You can get under 6% but then there are some points and fees. It depends on where you are in the process whether it’s a low down payment, your credit score is higher or lower, and then looking at the type alone you’re looking to achieve. We’re going to talk a little bit more about that, what’s being proposed, and what’s looking to start on May 1, 2023. You might be surprised.
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We want to help you with your real estate life. I want to give you guidance, insight, and some directions when it comes to making decisions on one of the largest items you have. Financing your home, getting a home loan, getting the right loan for your particular situation but also, it’s not just getting the loan. It’s paying off that loan in the most effective way possible. We’re taking people with 30-year loans down to under 10 or 12 years. They’re getting that loan paid off without getting a second job and other items changing their lifestyle, no pork and beans, no this or that. We are helping people take advantage of the principles of money to eliminate debt faster.
If you’re saying, “That’s hogwash,” test me on it. Let me send you a few links. You email me at Radio@United4Loans.com and say, “Send me the links.” I’ll send you the links. I’d love to know your phone number as well. That’s great. I’d love to know your name. I can send that back to you. I’ll put your links there so we can keep track of when we set that appointment because I’m going to show you how much money you can save.
I was talking about what’s going on with lending. The new thing is on May 1st, 2023. When I talk to people and ask them, “How’s your credit,” they go, “My credit is great. I have a 740 to 760 score.” Your 740 to 760 score is going to have more fees because you’re doing too well. You got good credit. You’re more fortunate than some. It’s an interesting response there. If you’re sitting with a 760 credit score, you may have fewer additional fees than you did before but you’re going to have some more fees. At 760, you have some fees there. You’re going to have about 0.625% additional fees. That is a percentage of your loan amount.
We’ll go with something simple. We’ll utilize numbers of 0.625%. Let’s say a $380,000 loan. You’re talking about $760,000 plus 80% of the $1,425 of fees. $760,000 above to $2,375, maybe it’s going to be $3,325. These fees are piling and piling on. What they’ve done is take the low side of the spectrum. If you have lower credit scores, you still have fiats but they eliminated many of them.
If you add 1% to the upper score and take away 1.75% to the lower score, they’re incentivizing ability for people who have been missing and not being able to get into homeownership to gain homeownership. In my opinion, it’s also the expense of those who are already there looking to save and keep their home, stay and move forward whether it’s improvements or other items they are doing.
There are first-time home buyers there as well and you got good credit scores. You should be rewarded. On May 1st, 2023, we’re looking at these basis points that are going to be moved and changed. We will be trying to work around that depending on what we’re doing. If you’re putting a decent amount down over 10% MIP or Mortgage Insurance Premium, FHA does go away at 11 years. We can take a look at the aspects of financing and see what comes out best but it’s getting that roadmap to find out what’s the best path to take to save you the most money.
We can take a look at the aspects of financing and see what comes out best, but it's getting that roadmap to find the best path to take to save you the most money. Click To TweetIt’s what I always say, “I spend your money the way I spend mine sparingly. I want value for my money so should you.” The rules changed. I want to make sure I understand those rules so we can still finish out on top the best we can. We may not get the same game we had before but in the new game, we are going to finish out on top. I want to be there for you. There’s no time like the present.
If you’re thinking about buying this year or even next, we want to take a look and see what we can do to put you in the best position possible. If your income is in a good place and you have great debt-to-income ratios and room to have your debt income higher, we may want to look at not having that credit balance as low as you have it. To increase the balance is to the amount on certain cards. To strategize, lower your credit score to get the best pricing possible and then look to put that back afterward.
It sounds odd. I need to get to you early to try to control your high credit score and low credit score. It sounds like the Three Bears here, “It’s right. The porridge is perfect.” I need to take a look at what you got. The world is very complicated. I need to make sure we are working the best path for you and not for everyone else. You are not everyone else. You’re an individual and I need to make sure we look at what your goals and expectations are. We’re moving forward. We have purchase loans that are in process. We’re in the process of making sure we’re securing certain files that need to be done before that first time.
You are not everyone else. You're an individual, and you need to look at what your goals and expectations are. Click To TweetOthers, it’s not necessarily affecting them where we have that and we also have some time to put that in rightful position. A lot of times, you think everything’s great, “Our score is 780. We have no problems.” You don’t have a problem. You just paid a little extra money. We have to go over those numbers with you and show you how and what that does for you. I want to be very clear about that. This is looking to start May 1st, 2023. There are still some fights ahead. I’m not sure it’s going to be postponed but maybe. I don’t see that occurring yet but we’re going to keep an eye on that as I’m talking to you.
We’re looking at the Fed meeting on May 3rd, 2023. We’re looking still about an 85% chance that we’re going to see a quarter move. That’s going to move the prime rate from 8% to 8.25%. That’s usually what’s your Home Equity Line Of Credit or HELOC. I get this question all the time, “Is a HELOC a second mortgage?” It is. It is secure by your home. Sometimes it’s a first mortgage if you have it in the first position but it is a secured lean on the home.
Home equity line of credit usually has a draw for 10 years and then after those 10 years of going up and down and paying interest only as an option, you have to pay it off usually within 15 or 20 years depending on your contract. When you looked at interest rates that were way low, they’re sitting at 8.25% on the prime. Some of these new equity lines are sitting at prime plus 1 or 2. You’re a 10%. They are quite high. What I will let you know is that is a simple interest.
When you pay 10% on your home equity line of credit, it is 10% interest. When you pay on your mortgage, even if you have a 3% mortgage interest rate, you are paying 50% or 60% interest on that payment because you’re weighing and paying more interest on the earlier years to about 18 to 21 years until it’s 50/50. Over the life of the loan, you’re paying a lot in interest, although that 3% there is not simple interest. It’s amortized interest. That 10% equity line might even be cheaper than that of that 3% amortized loan depending on where you are in the process.
I want to educate and show you how you can win when it comes to numbers. Numbers don’t lie. They’re finite. I need you to play and understand how numbers work. You don’t have to get a degree or be an expert in finance. I’m going to show you how this is working. It works for you whether you like it or not. You’re going to get involved and save some money. I’m going to have that money stay with you.
The next Fed meeting after May 3rd, 2023 is on June 14th, 2023. We’re in a quarter more and then holding on. The Fed is getting a hang on. I see going through the year that it’s not necessarily reducing. Some camps are saying maybe we have 1% or 2% reductions from the Fed coming before the end of the year. We start seeing the early May 2023 numbers come out for inflation, which will drop off in April of 2022, and then it drops off those other two additional months. We’re going to see 0.6% and 0.7% go away, which we’re numbers from ‘22.
The inflation numbers are going to look and prove. Some of the other economic news is going to be coming out. We’re going to see some betterment. That’s going to cause mortgage rates to go from the 6th to the higher 5s, maybe hit those mid-5s and touch a little lower pending on the fees you want to pay. I’m still an advocate of not spending a lot of money if we can on closing. The no fee or no point option gets more difficult because the lenders also see that rates may be looking to go down on the long-term side, not to get you in a no-cost because they know the loans not going to be there that long.
Whether it’s 6 or 12 months that you’re on the loan, they don’t want to outlay all the money to the close because the closing costs don’t go away. Just someone else is slipping into the bill. That’s where they’re looking at sellers to pay when you can ask and have a realtor handle your transaction. You’re getting the seller contributing towards closing costs. It’s not your money but raising the rate to have the lender cover is not becoming mathematically better to do because those gaps have tightened.
Maybe it’s paying 1 point and then looking if you got a seller concession for that. Sometimes we’re looking at the buy-downs, the 2-1, 3-2-1, or the 1-0 buy-down programs where we buy down the rate 1%, 2%, and then 3%. You buy it down pending upon and you’re paying that interest through the close of possibly funded again by the seller but you’re looking at modifications that way so you get 1, 2, or 3 years down, and then in the last year, it stays, or if you do that in 2 years or 1-year increments.
If you were to refinance in the middle of the process because rates went down, you don’t give away that interest prepay. That prepay goes against the demand of your payoff. If it was a seller-paid buy-down, your seller’s paying for your future refinance. It’s money that’s going to back to you. All these things we can talk about but if you’re in the market to purchase, I want to give you ideas and thoughts that maybe no one has shared with you or if they did, they didn’t go over them properly or give you enough information. I want to take a look at your particulars and understand what I can do to set up the best plan going forward.
We’ve had individuals where I’ve saved them 5/8 in the rate. I’ve had individuals who saved 1.5 in fees. That’s your money. You work hard. That’s your monthly mortgage payment. You work hard every month. I want that payment to be more affordable. This change that’s possibly going on on May 1st, 2023 is going to lead to about a $ 40-a-month increase in your mortgage payment. It doesn’t sound like a lot but $40 fills a little bit more of your tank, not much.
I’m looking at ways to save you money but sometimes the smartest people are the biggest obstacles because they have a better plan. If you’re making that better plan with less information, you’re better plan is missing the key ingredients. Have you ever cooked a meal and decided not to put certain ingredients in and see how it tastes? Maybe you’re building that piece of furniture that you have the directions but you’re like, “No, I don’t need the directions. We got six extra parts,” and then you realize why it fell apart.
If you're making that better plan with less information, your better plan is missing the key ingredients. Click To TweetWe want to put the item together properly and make sure you have the right information. It’s all about education and information but we’re not looking to give you a degree in finance. You do what you do best. This is what I do best. I want to be on your team and be your teammate. I want to make sure we finish on top together, every single one of you. Baseball is getting started. We’re watching the first 19 or 20 games here. We’re seeing what team is doing a lot better than most. Some of the usual teams are not there yet. They’re below 500.
We got some teams that no one can think of and they’re way up high. We have some records that are going down and some pitchers still doing what they do best. We’re watching that. We got hockey playoffs. We got the Kings up 2-1 in Edmonton. It’s an overtime game. We have a lot of things going on. We got the basketball going on playoffs as well. It’s always a fun time of the year. We got playoffs with two seasons starting on another. We have the draft coming up for the NFL.
All these things are going on but only one team finishes on top. I want you to finish on top of your finances. I don’t want to be mediocre. I want to make sure we make the right decisions. That’s why this perfect financial GPS makes sense. I’m utilizing this opportunity myself. I took my many years’ mortgage and I’m taking it down over under ten years. That’s a huge savings. If I was trying to do this myself, I could probably do a lot of it but I was leaving money on the table. I don’t want to leave money on the table. It made no sense to me.
I have a perfect program where I can go in 10 to 15 minutes a month, which tells me exactly what I need to do day-to-day, execute move and do. It’s showing me exactly what I do 90 days in advance with all my accounts and items, perfect input and output. It’s giving me everything. The thing that I like is if I have a different idea, I put it in. It tells me what that does and adds to my payoff time.
It tells me what I did wrong and then gets me back. I don’t have to do what-if scenarios. If I’m looking to buy a vehicle and I say, “I want to finance it for 72 months at a set interest rate,” it may only add 1 year and 2 months to my overall payoff because it’s efficient. It’s not waiting 72 months. It’s only 1 year and 2 months.
It gives you a lot of the what-if scenarios but it also works with variable income. It works with fixed income, checking and savings accounts, and discretionary income. It looks to move things appropriately. What are you earning on your checking account? Not much. Have you looked at interest rates?
You can get 3% and even up to 4% on idle funds that you can transfer like that, not even walking into an institution. You could do that right on your phone, iPad, laptop, or whatever it is. You can be earning that extra money. You’re saying, “That’s not a lot,” but you’re the first one to argue about the bill when it’s $0.22 off. I’m looking to give you that $0.22 and a lot more.
Let me take a look at where you are and see what we can do better. We’ve met with individuals who have saved anywhere from $100,000 up to $247,000 in interest. We had one individual who was saving $87,000. That’s not enough. How much is enough? “Can I go in 10 to 15 minutes and maybe you send me the $87,000?’ I like that.
I want to save you money but you have to be a willing participant or your lender will love you. Your lender loves you but you don’t need that kind of love in your life. Let’s make it stop. You contracted to pay the principal. I want to help you eliminate the interest and get you out of that obligation as fast as possible without any penalties and do it right. (888) 543-3980.
I am here to help you get pre-approved for a home loan, refinance, or purchase, whether it’s conforming high balance or jumbo where there is USDA, FHA, or VA. There are programs that we are utilizing with 0% down. It’s an FHA first with a second mortgage behind it and we’re getting that done. We are able to go up to 180% of the median income. We can get that job done for you. I want to help, whether your score is a little lower so we need to move it up or your score is too high and we need to start moving it down a little to get the best financing. We’ll go over that together as we discussed.
I want to make sure we get that money the cheapest way possible and pay it off in the most efficient way possible. This is a two-pronged process. It’s not getting the loan and you’re in the home, “Good luck to you,” the dead ball goes, and you can’t get out. I want to make sure you are comfortable. Be careful what you wish for. You might get it from somebody else. You might get into that loan that you never wanted that you didn’t understand. I want you to understand it and have your eyes wide open and not go woulda, coulda, or shoulda. In our next segment, we have Mamma Rita Money or Rita Boccuzzi. She’s going to be joining us talking about money and your finances.
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We’re talking about paying less interest and getting more money going towards principal, retiring that debt sooner. It’s interest volume. You have to look at how much you pay when you look at that mortgage payment versus your interest rate. The rate is important but you have to make sure and look how much you’re spending every month toward that mortgage payment. We want to help you save money.
We’re looking at the Fed which potentially here on May 3rd, 2023 is going to move up another 25%. There’s an 85% chance of that. We’re keeping an eye on your money, making sure we’re saving your money as you’re going through the loan process. If you’re considering a refinance or purchase, we want to earn your business, United Mortgage Corporation of America, United4Loans.com. (888) 543-3980. We are going to go to Rita Boccuzzi. Mamma Rita Money, what do you have for us?
Experience is the best teacher especially when it comes to money. I’m your safe money expert and money empowerment coach. I got to attend a meeting with my client and their advisor because my client was a little concerned that in their gut she felt that something wasn’t quite right. For her, that was true because a few things were being said in the meeting.
1) She gets to stomach the ride. That didn’t sit well with her, instead of trusting her emotions. 2) When you have a financial advisor, you should only have one that does it all. They don’t believe in a team and that wasn’t right for her either. The other is that the financial advisor was only talking about the average numbers and not the actual numbers.
Those are the 3 areas of 10 that we get to be aware of. What I get to do is share with my clients and my coaching group how to see into what is being said, the psychology of the meeting, and to find your best team members, ask empowering questions and know that you know with all your heart that you’re in the right direction because your heart doesn’t lie to you. When you have a team, remember that it takes a village. I’m here to help you be in personal control of your finances so that you can lead it versus your finances leading you.
If you’re looking for that kind of change and you want to create that shift around money and be empowered, please reach out to me. I’m at (747) 333-4470. This is a fresh new way to look at money and how we are empowered around it, learn it, and embrace it so that we can make, grow, and keep it. I look forward to hearing from you. If you’d like to check me out and my workshops, jump on Instagram for @RitaBoccuzzi. Abundant Blessings.
Thank you, Rita. It’s getting your options and your ducks in a row, and understanding your options when it comes to money. Your relationship with money is very important. It’s understanding what you came from, what you always worked hard for, and what you’ve done to continue that throughout your life. Make sure you’re taking the right steps. That’s why I love this financial GPS program. That doesn’t argue and talk back. I love that. It gives me good information.
Your relationship with money is very important. It's understanding where you came from, what you've always worked hard for, and what you've done to continue that throughout your life. Click To TweetIf I defer off of it, it doesn’t say anything to me but it shows me what that deferment is going to be and what it means. I can still do it but it also tells me the mistake perhaps I can make prior to doing it. It’s not like, “I rented or lease a car. Should I buy it?” You already did it. It’s finding out before what makes sense. If you’re looking to buy another rental property and maybe you’re doing it in 6 months, you could put the what-if scenario in 6 months and the thing in. It’s going to show you how a 30-year loan can be paid off and how long. Also, what you can’t and can expect. It is a good move to do.
We have people who are consolidating their credit card debts. They have average interest rates that are in the teens, some in the 20s, and I’ve seen one in the 30s. We’ve seen some of these debts on a consolidation even a 10%, 11%, or 12%. In some cases, it’s up to 95% combined loan-to-value. “I can get the loan closed.” It’s closer to 15% but depending on your debt structure, it may make sense for you to do so.
We have an individual who is getting about $74,000 on a home equity line of credit. He is going over 80% combined loan-to-value. The banks aren’t doing that but we are able to place that for him. He’s getting that done but it’s 11.625% but that 11.625% that he’s getting for that amount is lower than what he’s doing currently and then we’re putting him onto the opportunity where we’re going to show him how we could reduce that debt 50% faster.
That debt is not going to be outstanding for as long as what he’s contracting to do. We’re gaining an event to then gain an additional event that’s going to improve it that much further. Win once, win twice. We’re looking to win throughout the process. We’re going to take those necessary steps and do it in the right order. We had another individual who had dozens of credit cards and obligations that he owed. We took a look at the number. We did a refinance of his debt and lowered his overall monthly payment because, on the surface, it went backward.
We enrolled him in our opportunity. We’re not only paying off the debts sooner than he was on his existing mortgage before we refinanced but we also included all the other credit cards that he consolidated in the new mortgage. We’re retiring his debt in less than ten years. You’re going, “It sounds too good to be true. Where’s the spend? Why don’t I hear about it?” Give us a call. I want to show you what you can do. No obligation. You’ll have a link. You can take a look at the link.
Let me know your thoughts. We’ll sit down and look together your information. I’ll input that. We’ll run the numbers and see what it does for you. You will have an understanding. You do not need to be a mathematician or Albert Einstein. No E equals mc squared. You’re not doing computational work or running algorithms. That is what the opportunity will do for you. Find out more. (888) 543-3980.
Looking overseas, we’re watching what’s going on there. We’re watching inflation hitting close to 10%. As we look at what we’re doing, we also have to look at what overseas is doing. With that, you’re watching what’s going on in gold. It’s almost an all-time high. It’s because our overseas markets and other markets are buying gold based on what’s going on in their markets. We’re watching our numbers getting better or others influencing.
That’s why I think an 85% chance of the Fed move is going to happen on May 3rd, 2023. We’re watching what’s going on with our jobless claims and these other items but I want to know, if I ask you, “Are you looking to purchase,” your answer is, “Kind of.” What does kind of mean? Do you have enough information? Do you need more information? “Not sure.” Is it a lack of understanding? “Not ready.” When are you ready? What can we do to be even more ready when the time is right?
Have you been pre-approved? Is that changing maybe as of May 1st, 2023? What can we do to sharpen those numbers and make sure you are ready and you can make the right time to go? If it’s not the right time, let’s plan a strategy. Let’s get a timeline as to when. If you’re not interested, that’s fine. Your landlord loves you but you don’t need that kind of love in your life.
I want to then make sure if you’re not paying your landlord and you’re paying your current mortgage, make sure that mortgage is being done efficiently and you’re getting out of that debt as fast as possible. I want to eliminate debt and create wealth. Are you on board? I certainly hope the answer was yes. If you’re not, let’s get you some more debt. That’s not the right answer.
We’ve had individuals that I said, “I can lower your interest rate. I can help this and that.” They’re telling me, “No, I need all the deductions I can get.” “I’ll give you a lot more deductions. I’ll raise your rate. Let’s do this together.” It doesn’t make sense. Does it? I want to free up your money so you can make additional investments, possibly earn additional income, or simplify your life by eliminating your debt and living debt-free. You have your monthly expenses, gas electricity, water, and all that fun stuff but eliminating the bulk of these items is what I’m looking to do for you. Call me at (888) 543-3980.
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We’re here talking about your real estate life saving you money, one of the largest items you have financing your home, getting your home loan, having the right term, and more importantly, how you’re paying that loan off. Using the principles of money to do it more efficiently to pay it off 1/2 and 1/3 of the time. I want to show you how that can be done. I own a mortgage banking company, United Mortgage Corporation of America. I have been doing that for many years and have been on the radio for several years.
I can get you the best loan when it comes to conventional, whether it’s high balance, jumbo, going forward, or in reverse. We’re doing reverse mortgages as well. Those that are 55 and over we can help. We’ll run your numbers. All I’m looking for there is how much you owe on the property, the property address, and your date of birth. I love to know your name. I can run those items and come up with the solution or plan that’s right for you.
Sometimes it’s nothing that we want to do or touch. I’ll explain why when we’re able to review but I want to make sure we have the best options for you. if you have equity in your yard and you’re not utilizing that, and you’re having trouble with maintaining and keeping that property, you are 55 and over and have tremendous equity, I want to show you different options that are available for you that do not require a monthly payment.
You are responsible for taxes and insurance in any HOA. I want to make sure we can give you the best choices that are going forward for you. We’re in the process of working on a few reverse mortgages. We have some that are going online to credit. We have some going on fixed money coming out. Payments are optional. We have different programs and styles that meet each obligation but it’s up to you, where you are, and what you’re looking to do. Are you 55 or 92? We want to understand where you are, what your priorities are, and what you’re looking to accomplish. We’re here to help.
We also work in the commercial and construction spaces. We’re approved in five states, California, Colorado, Montana, Texas, and the State of Washington. We’re approved in those states for conventional and commercial lending. We can lend in many other markets. We can also do what is called non-qualified loans or DSCR loans, Debt Service Coverage Ratio loans. These are for investors that when you have the rent cover a good vast percentage of the principal, interests taxes, and insurance, we can get those done in up to 32 different states. I can talk to you about those. We’re working on a number of those in multiple states.
One individual has sixteen himself that we’re working on. We’re pulling cash out for other opportunities and home improvement. We’re working in the energy space. He’s looking to add that to various of these properties to get this done. We’re doing that in a few states as mentioned. I want to talk to you, if you’re an investor or a builder, about the energy space but also looking at the construction space as well as commercial whether it’s forward or reverse on residential. We’re doing ITIN loans or taxpayer-identification loans.
We have a lot of information that’s coming out to watch for. I was looking at the calendar. We have that meeting on May 3rd, 2023. We’re keeping an idea and item on that. We have the S&P Case-Shiller Home Price Index, consumer confidence and new home sales, durable goods, the GDP chain deflator or Gross Domestic Product, and jobless claims and pending home sales. We have personal consumption expenditure coming out, personal income and spending, and consumer sentiment.
We’re going to keep an eye on these items and see how things are but a lot of this is moderate to high impact. We’re going to see what goes on with the treasuries, bond market, and mortgage-backed securities market, and keep an eye as we have loans that are in and looking to secure the best execution possible. If you’re considering getting in, it’s not, “I better hurry.” We want to get you in to get your loan set up properly to get the right credit score, input, and output when we get that underwriting approval.
I’m not sitting here trying to get twenty conditions and go, “Let’s go handle it later.” Let’s get the items in, understand it, and put it together. When it’s underwritten, that’s a great file. You have that smile rather than know that file. We’re going to go look to understand what it is you’re looking to do, get to the best result, and make sure we have the right time possible.
I can get a loan approved in a day but I need to have the right information. We got junk in and out. I need the right stuff here to get the right result. I’m not trying to fix it all the way through. We want to represent you properly and understand what it is and what kind of program makes the best sense for you. (888) 543-3980. Radio@United4Loans.com. What you get here is what you’re going to get in the loan process. It’s going to be straight dialogue, straight information, and the correct information so we can move forward and save you money.
It’s going to be right down and dirty and we’re going to save you money. I’m tired of spending too much money. I’m hoping you are as well. I’m looking out for your pocketbook but I need to know what is going on to get the best result, whether you’re forward or reverse, commercial or residential, or whatever the size in between. If you’re self-employed and you’re looking for bank statement loans, we have those as well.
We can look at cashflow. We’re going to look to set up that whether it’s 3, 6, 12, or 24 months of bank statements. We’re going to look at the best option for you and your family but once you get that interest rate, you are bargaining for that interest rate but if you look at the percentage of what you pay on that amortized loan, you’re paying 50%, 60%, 70%, or 80% towards interest in the early months and even years.
I want to show you how I can get that down to 1/3 or 1/2. The interest rate matters but not as much as you may think. I want to show you that the label of the interest rate is not the same as what is called interest volume. If I can take the volume of your loan from 3%, 4%, down to 1%, 2%, or take your 4%, 5%, 6%, or 7% down to 2% or 3%, you would be excited to accept a loan at 3%. I want to show you how that still could be accomplished in the purchase market environment.
These numbers exist. They’re not being shared with you. I want to share them with you to get the full experience and how you can save and pay off your debt in 1/3 or 1/2 the time without changing your lifestyle. No pork and beans. The funny thing about it is as you get on this opportunity and take a look at what’s going on, you start paying attention to certain items. You realize what things you have and what things you shouldn’t have anymore. You start to save more money and it becomes a game. We’ve had households start playing games trying to figure out what they can do even further to be more efficient because the program is all about efficiency.
You can tweak, do what you want, and get off that a little bit. It’s always going to give you the best path to get back. As you’re driving and you miss the turn, you say, “Recalculate.” You turn in whatever. This is going to give you that guidance. Let me show you how that works. All I want to do is send your link so you can watch a few different videos. Let me know what you think. If you say, “Forget it. It’s not for me,” okay.
“I want to know more. What can we do to set a time,” we’ll set a time. I have my calendar link that will be on the email. You set up a meeting there. Preferably, it’s a one-hour meeting. We can go for a half hour. I may give you something else to watch prior to cutting that time to half an hour. I want to get your numbers and show your results. I’ll do that still. No cost. We’ll then make some decisions. (888) 543-3980.
Usually, I fit in about 20 to 30 appointments during the week. If want to give you an hour, my day gets booked. I’m working in both directions, getting these online appointments and these items done. Very soon based on demand, maybe I’ll do an online webinar. We’ll choose an evening. I’ll have a Zoom. We’ll have a login where you register. I’ll get 20 to 30 of you. We’ll talk about the concept and then set up separate meetings. Maybe we do that because it’s starting to get a little bit overwhelming but I want to make sure I’m reaching the most amount of people. I know each of your stories and I’m going to do my best to make sure you get the right results.
You do have coaching, support, and a guarantee. You follow the program. It’s going to give you those results. We’ll have more about that as we go forward but I want to get you that special links so you can take a look and see. The buck stops here. Nobody is soliciting you. No one’s chasing you or selling your information. This is not what’s occurring. The email will come from me, Michael@United4Loans.com. I will send you that email. It will come from me directly because I’m going to make sure that is done now. I do not rest until everybody and every person is reached. This is how I work.
I want to make sure your results are good. I don’t want to leave it like, “This week we weren’t reaching.” I’m going to reach out and make that commitment. Pick up the phone and call (888) 543-3980 or email at Radio@United4Loans.com. It’s great with your name. If you email, I have your email address and maybe a phone number. Say, “Send me the links.”
If you’re texting, you can do that to (888) 543-3980. I’d love to still know your name. I have a phone number because you text but I want to be able to get this out to you. Let me have enough information to gain the items sent out to you. We don’t have to talk yet. If you want to, I love to but it’s not necessary. You’re driving. You’re on your way somewhere. Maybe you’re on your way to work or home from work. You don’t have time now but you’ll have time later, great.
I look forward to getting that. I’m going to reply almost immediately. I like things done yesterday. That’s how I work. I try to be efficient. If it means doing something today and executing it today and that’s the best result, we get that done. If it means waiting 1 day, 2, or 3, we’ll wait because I want to make sure it’s the best result. If you have a timeline, I want to meet that timeline.
I have a client who doesn’t want to close his loan until the second week of May 2023. I’m ready to go but I’m going to be waiting. We’re looking to optimize it based on that timing because that’s the timing of his life. I respect your boundaries, timing, and communication. I’m going to do everything I can to get you those results and get back to you. Let me work for you and get you results that you could be excited about like paying off debt sooner, saving money, and having opportunities you may have not had before, whether it’s college or retirement.
Maybe it’s getting rid of that debt but it’s not necessarily getting rid of the debt so we can get into more debt. That’s not the goal. It’s doing that efficiently and properly and understanding the repercussions. This program will show you what that means to the timeline so you can work within your boundaries and means. This is a perfect financial planning instrument and I want to show you how that works in conjunction with your current loan and new loan, whether it’s a purchase or potentially a refinance.
Interest rates will subside here on the mortgage side. They may go down a little bit. If not, a little bit more than a little bit. We can take advantage of that maybe to get rid of some of the loans that have happened over the course of almost 2022. The loans that were done prior probably do not need to jump and go but maybe move sideways if you’re looking for home improvement or other aspects of items of investment because maybe that refinance is going to be cheaper than maybe the rate on the home equity line of credit but we can go over the math of that with simple interest versus amortized interest.
I want to make sure you understand those lessons and we can run those together. Call me at (888) 543-3980. If I’m not the one to do the job, I can help refer whether it’s infinite banking, financial planning, or a good licensed CPA and enrolled agent, somebody who can help you through tax or other issues, whether it’s your state planning attorney. We have Marisha Charbonnet who joins us on a monthly basis. We have professionals that we can refer to do a great job. They’ve done that for years for our clients.
I’ve referred a number of individuals to a multitude of those. I’m getting so many thanks for that. We’re reviewing contracts for individuals when it comes to various items. If you’re buying out of state, it’s not a state on the license den, and I can’t help you directly, I want to make sure your initial disclosure, perhaps your closing disclosure is accurate. You’re getting the best results and you are saving money.
Let me work hard for you and show you the results. I’d love to earn your trust and referral. If it’s not for your transaction now, maybe it’s one of the future, a family, or a friend. I want to make sure we do that for you. We have had multiple clients for many years. Two of them were in the fourth generation or multiple three generations. I can’t even count how many two second-generation clients we have.
If you’re coming to us for the first time, where have you been? It’s not too late. Join the team and the family. We’re ready to help. We want to save you money. We’re not done until we save money. A lot of times, my clients are saying, “This is great.” I’m going, “No, it’s not enough.” Sometimes I want more. If I see that there’s more to get, we’ll get it. I’m not looking to gamble or risk but I’m looking to take those opportunities when I have information that makes sense so we can save you $600, $700, $800, or $2,000 by waiting 1 extra day.
We’ve done that for many of our clients. We had a client that called me. I recognized the number so I read it on the phone. I said, “You’re not calling me about a refinance. Your rate is pretty good.” He goes, “No.” He was doing some home improvements and other items. We were chatting and looking at a line of credit and the opportunity to save him some money. In a lot of the clients, they’re doing so well but we’re taking their effective rates under 1%. It’s amazing what the results have been.
Let that result be for you. If you didn’t work with me for your current home loan and you’re happy with your loan, that’s great, but if you’re not getting the opportunity to reduce your debt and pay it off 1/3 or 1/2 half the time or even sooner, then give me a call. I’m not competing for the loan. I’m competing for your sanity and financial stability.
We have people under the program and this opportunity who own 90 or 100 properties. They’re getting the property paid off in four years. This is not only for those who are looking to get added debt on the downside but it’s also creating wealth on the upside. Call now. I’m looking forward to hearing from you. (888) 543-3980. Until the next episode. What kind of loan do you have?
