Mortgage strategies for the self-employed

Mortgage strategies for the self-employed

Mortgage Strategies for the Self-Employed

Do you remember the “no-doc” real estate financing loans pre-financial crisis? Are you among the ranks of self-employed, successful entrepreneurs in Miami wanting to either purchase another home? Or, do you wish to invest in additional real estate because you’d like to diversify your assets?   Unfortunately, however, you can’t because you have issues with the current financial environment vis a vis securing a reasonable interest rate with a reputable lender.   Because of this, what you need are mortgage strategies for the self-employed.

Does this sound about right to you?

Does this sound like your situation?

Well, the team at STC Loans can help you.

Why Work with Mario Quintero

Are you a successful entrepreneur searching for financial strategies to help you secure additional property?  Are you in the market for a property?  I help people reach their goals. I’m in the business of helping people achieve their dreams.  In today’s challenging financing environment, the team at STC Loans employs diverse financial strategies to help you achieve your goals of acquiring additional real estate.

Whether you want to sell or buy for the first time, refinance your existing loan, purchase an investment property, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Because of this, let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage..

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!

 

 

 

 

 

Memorial Day Pool Party

Enjoy Memorial Day – The Miami Housing Market is Hot!

Memorial Day is one of the most anticipated and celebrated holidays in the USA. It represents the kickoff to summer. It signals the summer barbecue grilling and pool season is upon us. Images of weekend cookouts and pool parties create nostalgia and the desire to overall connect with friends and family.  Wouldn’t you love to be hosting one of these cookouts and pool parties at your home?  Folks, the Miami housing market continues to sizzle.  Why not get in on the action?

“The Housing Market Has No Where to Go But Up”

According to this piece by Marketwatch, published just yesterday, May 25th,  the columnist Jeff Reeves tells us,  “And after looking at the past few months of data, I remain convinced the housing market has nowhere to go but up.”  So, what are you waiting for?  So many have lost great opportunities waiting in the sidelines thinking (rather, hoping) the housing market was about to correct.  These same people are calling me looking to finally benefit from the low-interest scenario allowing them to purchase their dream home.

Why Work with Mario Quintero

Are you in the market for a property?   I help people reach their goals. Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage..

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!

Forgotten Passwords

Forgotten Passwords

Forgotten Passwords

Several years ago, a young man named Maruicio Estrella had one of those inspirational moments that makes so much sense in hindsight.

Due to a recent divorce in his life, he found himself in an angry depression. The final straw seemed to be one day when he walked into his office and was faced with a “Your Password Has Expired” message on his computer.

Remembering that a former boss had combined to-do lists with passwords, he had a sudden insight. He would use a password to change his life.

He came up with the password Forgive@h3r. The constant reminder over the next 30 days as he typed in his password every morning seeped into his subconscious. It had a healing effect on him.

At the end of 30 days, he changed his password to Quit@smoking4ever. According to Estrella, he quit smoking overnight.

Here are some other passwords he has used since, and his results:

  • Save4trip@thailand. I went 3 months later.
  • Sleep@before12. It worked. Got lots of sleep.
  • No@drinking2months. It worked, felt great!
  • Eat2times@day. Never worked, still overweight.
  • Get@c4t! It worked…we have a cat.
  • Facetime2mom@sunday. It worked. I talk with my mom every week.

What kinds of goals can you put into your passwords, and possibly into your life?

Why Work with Mario Quintero

I help people reach their goals.  Whether you want to buy for the first time, refinance your existing loan, purchase an investment property, or sell your home, TODAY is your moment. Have a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the Miami real estate and mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients reach their home ownership goals,

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

Conventional home loans

Conventional home loans

Conventional Home Loans

Despite talk of interest rates increasing, following the recent general election, there’s never been a better time to buy or refinance a home. We have access to all the best and most competitive programs available.  Because of this, we can offer you a selection of different conventional loan programs with the most favorable terms.

Per bankrate.com,  “A ‘conventional loan’ is any mortgage not guaranteed or insured by the federal government, but which is within the lending limits set by Fannie Mae and Freddie Mac.”  Most home loan borrowers in the USA fall within the criteria of needed a conventional mortgage loan.  This is the case whether it’s a home purchase or a refinancing option.

 

Conventional Loan Options

The following different options are available for conventional loans.  Depending upon your particular need, choose which one fits you best:
Fixed-rate loan: Your payment remains the same throughout the length of your loan. This is an excellent choice if you plan to live in the home for many more years.
Adjustable-rate loan: Your rate will adjust and your payments will fluctuate based on changes in the market. This is a good option if  you don’t plan to own the home for long.  It’s a good option to take advantage of lower interest rates in the first few years of your loan.
Interest-only loan: You only pay the interest on the principal balance of the loan for a certain period of time.  This is a good choice if you are looking for more flexibility.  Your initial payments will be lower the first few years of the loan.

 

Why Work with Mario Quintero

Would you like to take advantage of the various conventional loan benefits available?  Take a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the home mortgage loan business since 2002. Because of this, his experience is tested and true. Mario has helped thousands of clients like you with their conventional home loan needs.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.

 

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.

Miami Conventional Loan

Miami Conventional Loan

A Miami Conventional Loan

Like when shopping for your dream home can be a bit overwhelming and challenging,  you can say the same when entering into the financing of your new home.  Many homeowners become overwhelmed when faced with having to secure financing for their new home purchase. Add to this,  contractual time limits causing you to secure your financing quickly.  In most cases, the type of loan you’ll need to secure is a Miami conventional loan.

According to wikipedia, “In the United States, a conventional mortgage home loan is a home mortgage loan that conforms to GSE (Fannie Mae and Freddie Mac) guidelines.  The most well-known guideline is the size of the loan, which as of 2013 was generally limited to $417,000 for single family homes in the continental US. Other guidelines include borrower’s loan-to-value ratio (i.e. the size of down payment), debt-to-income ratio, credit score and history, documentation requirements, etc.”

Eligibility

In order to qualify for a conventional loan, borrowers must typically meet three minimum requirements:

Down Payment

The standard down payment for a Miami conventional loan is anywhere between 5% and 25% of a home’s value depending on the borrower’s credit and financial condition.  For example, if the property you are trying to secure costs $100,000, the lender may want you to place a 20% or $20,000 down payment.  Buyers with stronger credit are usually able to place as little as 5% down in order to secure their home’s financing.

Income

Lenders want to make certain your debt-to-income ratio, or the percentage of monthly income you spend on debt payments, including mortgages, student loans, auto loans, minimum credit card payments and child support, will leave you at a comfortable level, not overextending yourself.

Credit/FICO Score

Your credit score also plays an important role as you qualify for a conventional loan.  Lenders vary on the minimum FICO credit score requirement.  This is not standard in the industry.  However, remember, the higher your credit score, the better the terms you will receive on your Miami conventional loan.  In this case, too, the stronger your initial down payment, the better your lending terms will be.

 

Why Work with Mario Quintero

Buying a home isn’t just a matter of finding the right house.  Negotiating and reaching a workable price level work hand in hand. You must secure mortgage financing to purchase your dream home. Because of this, as a trusted Miami realtor and efficient Miami mortgage broker, Mario will help your dream home become a reality.

Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker. Don’t attempt to negotiate on the purchase of your home on your own. Mario helps you reach the best price through his extensive negotiating skills.

Get in Touch with Mario

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here.