The Real Estate and Mortgage Show - April 25
Listen to Steve Gregory, Frank Napolitano & Paul Rushforth on the latest Real Estate and Mortgage Show.
On this week's episode of The Real Estate and Mortgage Show, Steve Gregory, Paul Rushforth & Frank Napolitano discuss the amount of current listings of homes in the market, the difficulty home owners who are looking to move up to a bigger home are facing if they've only put down 5% within the last three years and the difficulty some hopeful home buyers face when trying to save up enough down payment.
Frank Napolitano goes into detail on why lenders require gift letters on bank statements when home buyers are planning on using a gifted amount of funds to assist in their down payment. Frank recaps what the 5 year fixed mortgage rates are, including some special quick close and option 90 products available.