Did you know there are approximately 88 types of turbulence that can go wrong in a real estate and or mortgage transaction? If you would like a copy of my free report outlining all the things that can go wrong send me an email Mario@stcloans.com From the buyers/Borrower perspective there are 32 things that can wrong, from the Sellers perspective 13 things can go wrong, from the realtors perspective there are 7 things that can go wrong, from the lenders perspective there are 8 things that can wrong, the property can have 9 things that can go wrong, from the title company/lawyer there are 8 things that can go wrong, from the appraiser there are 6 things that can go wrong, and from the home inspectors there are 4 things that can wrong. Stay informed, reduce the expectations and be emotionally prepared for the home purchase ride with an experienced consultant.

If you or someone you know is looking for a great low down payment mortgage we now offer a low 3% down residential mortgage, without mortgage insurance, up to $417,000 but you need a minimum 680 credit score.
This is a great program for people getting back into the market or first time home buyers. This same program can be used for a rate & term refinance without cash out up to 95% without mortgage insurance. If you have any questions give me a call at 305-598-1600.

Retirees have the opportunity to use a reverse mortgage on their home for many financial challenges facing seniors today. Many well known sites such as Money Magazine, The Huffington Post, CNBC and CNN Financial news have all tooted the many benefits reverse mortgages afford to Seniors.

Let’s discuss a couple of the more prescient ones within the next few posts.


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Healthcare Expenses

Say for instance there is for a lump sum to pay in anticipated or unanticipated healthcare expenses. It is well known healthcare expenses pose a challenge for many Seniors.  As a Senior, you’ve hard your entire life. Upon retirement, though many of your expenses may lower, other expenses arise, such as health care costs. Why fret or worry? Safely tap the equity in your home, which you’ve worked hard to pay all your life, so that you may have that safety net to cushion you when unexpected costs arise.

You will not have to repay the monies taken for the reverse mortgage against your home until the time of your death. You will receive a lump sum payment from the reverse mortgage financing institution and neither you nor your heirs will be required to repay these monies until the time of your death.

Is this not something to allow you to breathe a sigh of relief?

Contact Mario Quintero of Strock and Tanner Loans, your Reverse Mortgage Specialist at 305-598-1600 for additional information along with a complementary consultation. He will explain all the benefits available to you with a reverse mortgage.

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Though we help individuals with all types of loans, Miami-based Strock & Tanner Mortgage specializes in reverse mortgages. A reverse mortgage is a unique financial instrument designed to benefit property owners age 62 and older. It pays YOU back. These senior citizens are those searching for a method to tap their home’s equity without being required to repay the loan while they still live and reside in their homes.

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With  STC Loans, you may easily obtain and borrow against the value of your house. The proceeds do not have to be repaid until death. So, the beneficiary lives in the home comfortably without making mortgage payments. Insurance and taxes must still be maintained. Know that many seniors are you using a reverse mortgage in Miami today in order to offset their retirement. This tool allows for the optimum quantity of flexibility to resolve your specific financial requirements and needs.

Call Mario Quintero at 305-598-1600 TODAY and learn your options for your Miami reverse mortgage.  Mario is licensed to help you with all your mortgage needs in the entire state of Florida, from Key West to the Panhandle. Let Mario Quintero be your Florida mortgage specialist.

In case you’re wondering, the current economic scenario does not bode well for an increase in interest rates.

Toward the end of 2015, Federal Reserve President Janet Yellen presided over the first rate increase since the Great Recession began.  Bank stocks, along with financials in general, rallied, in hopes interest rates would finally recover, leading to an environment where rates could be increased.

Since the new year, 2016, the exact opposite has instead taken place.  Financial stocks have plummeted, now that it’s clear rates cannot continue to rise due to a jittery economic outlook.

Stay tuned. Given it’s also an election year, rates are bound to stay right here where they are.  Of course, this helps housing.

I’m Mario Quintero, your Miami residential home mortgage specialist.  I deal in all types of mortgage loans, including reverse mortgages, jumbo, conventional, FHA and foreign national.

Call me today so I may help you secure the best interest for your new purchase or refinance.

A reverse mortgage utilizes actuarial tables similar as insurance coverage items and borrowers get more cash the older they are. Hence, the 62 year age requirement is met.

The senior experts and specialists at Strock and Tanner Mortgage Corporation Company are dedicated to assisting you with responding to all your concerns and if the reverse mortgage is right for you, we will assist you in the process easily and quickly. If it’s time for you to put your equity in reverse to keep your life progressing, then we are also here to assist you. Contact us now!U

If you’re considering benefitting from house as a factor in your future retirement plan, you must forego the urge to move too often. Take note that for every time you move, you’re obliged to pay between 8 and 10% of the price of your house. This is based on the calculation of the commission and the moving expenditures involved in the process.

Always remember that if you’re aiming to develop long-term equity, each of the deals mentioned will cost you not only in a short period of time but more often than not, in the long-term as well.

Eventually, owning a house can be a very important type of “forced savings”. When you own a house, you’re turning your home mortgage payment into a long-term savings account. When you have this type of opportunity, you eventually develop equity in your home.

On the other hand, if you happen to take cash from that said “account” while you currently own the house, you’ll be weakening your equity. Once your equity is diminished, your retirement asset is also placed at risk.

Think of a long-term strategy whenever you move or take equity from your present home and make certain to see to it that your preferred choice doesn’t harm your retirement plan. To properly educate yourself with this, please contact Strock & Tanner Corporation. Let us arrange a consultation with you so that we may help you plan accordingly.


We now have a Stated income Verified Asset Mortgage program. It is designed for High Net Worth Highly Qualified borrowers, with 700 minimum credit score, Owner Occupied Homes and Second Home only.

The mortgage program is designed for self-employed borrowers only and it is a Jumbo loan program. Minimum loan amount is $417,001 and we go up to $2 million dollars.
Single family homes and Planned Unit Developments only are allowed for this SIVA program. $750,000 min. net worth requirement.

Based on borrower’s verified Assets, we will request 3-6 months Personal Bank Statements to support the amount of income that is stated on the Mortgage Application.S

STC Loans is a well known company based in Miami , Florida helping senior citizens secure a reverse mortgages.

What exactly is a Reverse Mortgage and why it is beneficial to seniors?

The reverse mortgage program is especially developed for home owners who are 62 years and older. This makes possible the process of converting a part of the equity of their owned homes into tax-free cash flow. This program was offered in order for them to have this opportunity without needing to sell their homes, give up the title and worst of all, face a brand-new month-to-month home mortgage payment.

To give you a scope of what this actually means; instead of making regular monthly payments to the loan provider where you availed the cash, just like a mortgage, the loan provider will pay you. You are still required to pay your house taxes, insurance coverage and other charges that are related to the upkeep and maintenance of your home.


So what does this mean for homebuyers and homeowners? Home loan rates are tied to mortgage backed securities, which are a type of bond. Many factors impact the performance of both stocks and bonds and play a role in the direction of home loan rates. For example, an improving economy, higher wages and higher inflation could all cause home loan rates to rise. However, a faltering economy or turmoil overseas could drive investors to seek out “safer” investments like bonds, which could help keep home loan rates low.