Tag: Team Green
Team Green at SAAR’s 40 Under 40 Event
It was fun hanging out with my squad and sponsoring SAAR’s 40 under 40 Event.
Congratulations to all the winners!!
June 2018 – Team Green’s Newsletter
June 2018
Arizona’s Home Plus Down Payment Assistance Program furthered it’s reach and is allowing for higher purchase prices and yearly income.
We discuss these topics and more in Team Green’s June Newsletter.
Have a fantastic June!!
My Family
May’s over, baseball season is done and school is out.
It was a great school year for our kiddos but they are happy to be out of the classroom and on their iphone all day.
My baby Dylan turned 4 in May – she’s the sassy one in the family.
We celebrated our team’s best month ever in May at Fairway. Thank you to all our clients and referral partners that made it possible.
We truly appreciate everything!!
My wife and I shipped off to San Diego for the wedding of a good friend – kidless!!
We enjoyed sleeping in.
Lastly, Team Green got some new business pics. I hope you like them.
I hope you and your family have the best June Ever!!
Please call us if we can help with any home purchase or refinance needs.
We are licensed in AZ, CA, CO, WA, MI, and GA.
TEAM GREEN / 480-704-4890 / TEAMGREEN@FAIRWAYMC.COM
Team Green June Ads:
MORTGAGE AND HOUSING NEWS:
Mortgage rates have been really choppy – up and down depending on the day.
After going to 7 year highs during parts of May, we did see some improvement.
Overall rates are trending up. The mortgage market has been gravy for 8 years.
Rates will continue to rise to more normal levels through 2018 and following years.
See historic graph below – rates are still close to their lowest levels ever. It’s still a great time to buy!!
Arizona’s HOME PLUS Down Payment Assistance Program just got better
The program will now:
- BE AVAILABLE STATE WIDE
- WITH ALL MORTGAGE TYPES – CONVENTIONAL / FHA / VA
- THE INCOME LIMITS WILL INCREASE TO $99,170
- AND THE PURCHASE PRICE LIMIT WILL INCREASE TO $396,680
Don’t let the lack of a down payment stop you from achieving the dream of home ownership.
There are many programs available in every state that allow borrowers to buy a home with little to money down.
Call us now – we would love to help and we can team you up with an expert realtor in your area.
ONLINE MORTGAGE QUOTE / APPLY ONLINE:
For a no obligation mortgage quote, please call us or go to:
To apply for a refinance or home purchase loan, please call us or go to:
WE HAVE AWESOME PRODUCTS:
We have a lot of product options that other lenders do not.
- Early Access Program – Less Seasoning after Foreclosure, Short Sale, BK
- Down Payment Assistance Loans
- Non-Warrantable Condo Options
- FHA and VA to a 580, including Manual Underwrites
- Manufactured Housing In-House
- Jumbo to 95% LTV up to $850K and 15% Down up to a $2,000,000 Loan Amount In-House
- Asset Depletion Products
- Doctor Program
- Interest Only Products
- Bank Statement Loans
Have a fabulous June!!
Reggie Green
Branch Manager / Team Green
Fairway Independent Mortgage Corp – McCormick Ranch
8390 E. Via De Ventura Blvd, Suite F-204
Scottsdale, AZ, 85258
NMLS #229993
Team Line: 480-704-4890
Direct 480-206-5577
Fax 480-302-5871
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, HARP 3.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. June 5th 2018 30 year fixed rates, June6th 2018 30 year fixed rates, June 7th 2018 30 year fixed rates, June 8th 2018 30 year fixed rates, June 9th 2018 30 year fixed rates, June 10th 2018 30 year fixed rates, June 11th 2018 30 year fixed rates, June 12th 2018 30 year fixed rates.
June 2018 – Team Green’s Newsletter
May 2018 – Team Green’s Newsletter
MAY 2018
Interest rates moved up some in April after staying stable for the majority of March.
We discuss these topics and more in Team Green’s May Newsletter. Have a fantastic May!!
MY FAMILY:
We’re really trying to enjoy the weather before it gets scorching here in Arizona.
Lots of playing outside along with my son playing baseball 3 times a week.
I’m lucky that I live a mile from my office so I’ve been skateboarding to work when I don’t need my car for meetings.
Life is pretty good.
My wife got to enjoy 2 weekend girlfriend trips this month to Dallas and Austin – She’s so lucky J
While I also made a quick trip to Salt Lake City for a Manager’s meeting and the last snow board ride of the year.
We also got to enjoy a Gatbsy party for a family member’s birthday.
It was fun getting dressed up 20’s style and my wife looked smoking hot!!
MY WORK FAMILY:
We decided to throw a Country themed week at our branch in April.
The goal was to listen to Country music all day and have some fun with some songs, our dress, dances, and skits.
We accomplished our goal – check out some of our videos below.
I’ve always liked seeing funny chalk board signs in front of bars and restaurants.
I liked them so much, I decided to get one of our own and we’ve been having some fun with that too.
Lastly, we are hiring – if you know anyone looking to be a part of a great culture and team, please have them give me a call.
Have a fantastic May!!
Please call us if we can help with any home purchase or refinance needs.
We are licensed in AZ, CA, CO, WA, MI, and GA.
TEAM GREEN / 480-704-4890 / TEAMGREEN@FAIRWAYMC.COM
TODAY’S INTEREST RATES:
Mortgage rates slowly climbed higher in April after staying relatively stable during the end of February and through out March.
This broader trend is likely to continue which makes waiting to buy or finance a home very costly.
In the Phoenix market – we are seeing a combination of higher interest rates and home appreciation due to low inventory and high demand.
This is a double hit against people entering the home buying market as their payment is going up in 2 ways.
The chart below is a good indication of why we are urging buyers to not wait if they really plan on buying.
**The rates are a bit old but this does give a good illustration of the cost of waiting**
ONLINE MORTGAGE QUOTE / APPLY ONLINE:
For a no obligation mortgage quote, please call us or go to:
To apply for a refinance or home purchase loan, please call us or go to:
If you would like a MORTGAGE QUOTE by email, please answer questions below to teamgreen@fairwaymc.com:
REFINANCE QUOTE:
-What are your goals for a new loan – lower payment, cash out, payoff sooner, etc:
-Type of loan you would like – 30 year fixed, 15 year fixed, ARM, etc:
-Full Address of property (including city, state, and zip):
-Estimated Value of Home:
-Current Loan Amount (1st and 2nd separately if you have multiple mortgages):
-Do you want to escrow your taxes and insurance into your payment:
-Are you a Veteran:
-Where do you think your credit scores are today:
PURCHASE LOAN QUOTE:
-What state and county are you planning on buying in:
-Estimated Purchase Price:
-Loan Amount you would like to finance:
-What type of loan would you like – 30 year fixed, 15 year fixed, ARM, etc:
-Do you want to escrow taxes and insurance into your payment:
-Are you buying a primary residence, vacation home, or investment property:
-Are you a Veteran:
-Where do you think your credit scores are today:
Have a fabulous May and please call me any time if I can help with anything!!
Zillow Review – Team Green
Zillow Review – Team Green.
Thankful to all our clients that take the time to review us. Thank you!!
#grateful, #blessed, #zillow, #zillowreview, #trulia, #truliareview, #jenniferpatel, #joshhartson, #reggiegreen, #fairwayindependentmortgage, #fairwayindependentmortgagemccormickranch, #teamgreen.
Zillow Review – Team Green
40 Under 40 Applications – Scottsdale Area Association of Realtors
I am on the YPN committee (Young Professionals Network) this year.
We are now accepting applications for 40 under 40.
A 40 under 40 winner is a Scottsdale area realtor that demonstrates business success, professional leadership, community engagement, and industry involvement. Applicant must be under 40 years of age as of May 9th, 2018.
Applicants must submit their own applications with the link below:
https://saar.formstack.com/forms/40under40app_copy
The deadline to submit applications is 4/2 at 5 pm.
A ceremony in honor of the winners will be held at SAAR (Scottsdale Area Association of Realtors) on Wednesday May 9th, 2018.
Good luck to all the applicants.
40 Under 40 Applications – Scottsdale Area Association of Realtors
WEEKLY RATE – HIGHER RATES GET RELIEF ON MONDAY
WEEKLY RATE – HIGHER RATES GET RELIEF ON MONDAY
I hope everyone is having a fantastic week!!
In this weekly rate we discuss:
– The volatility in the interest rate markets
WEEKLY INTEREST RATE PRICING:
Last week, interest rates continued rising which has been the case for most of the past 2 months.
Interest rates were at their highest levels in 3 years with the Mortgage Backed Security (MBS) market trading down – 102 bps. With the stock market on a bull run, there was less and less demand for bonds which contributed to the recent rise in rates.
On Monday February 5th, the stock market finally hit a snag and had a huge sell off (which is likely to continue on Tuesday). This pushed money into bonds and the MBS market closed up + 52 bps on Monday. Finally we saw some interest rate improvement and relief from the recent rise.
It remains to be seen if the stock market drop will start a larger trend towards a market correction.
Interest rates will remain volatile as long as there are large swings in the market.
Below are today’s mortgage interest rates and links to apply for a mortgage or get a free mortgage quote.
Have a great week!!
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
For a no obligation mortgage quote, please go to:
To apply for a refinance or home purchase loan, please call me or go to:
Team Green is a top 1% originating mortgage team in the country. My team treats every transaction as an audition to earn your business for the rest of your life.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
TEAM GREEN LINE: 480-704-4890
TEAMGREEN@FAIRWAYMC.COM
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, HARP 3.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. February 5th 2018 30 year fixed rates, February 6th 2018 30 year fixed rates, February 7th 2018 30 year fixed rates, February 8th 2018 30 year fixed rates, February 9th 2018 30 year fixed rates, February 10th 2018 30 year fixed rates, February 11th 2018 30 year fixed rates, February 12th 2018 30 year fixed rates.
WEEKLY RATE – HIGHER RATES GET RELIEF ON MONDAY
WEEKLY RATE – Rates Trending Higher
WEEKLY RATE – RATES TRENDING HIGHER
I hope everyone is having a fantastic week!!
In this weekly rate, we discuss:
– This week in interest rate pricing
WEEKLY INTEREST RATE PRICING:
Rates continued to rise last week pushing interest rates to their highest levels in 9 months.
The Mortgage Backed Security Market (MBS) closed last week trading down -62 bps which is negative to interest rate pricing. The good news is we finally received some rate improvement on Tuesday, January 23rd, which is a welcome site after a steady negative trending market.
It’s tough to say if interest rates have reached their peak but we are definitely in a rising rate environment thus far in 2018.
Below are today’s interest rates and links to get a free rate quote or apply online.
Have a great week!!
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
For a no obligation mortgage quote, please answer questions at bottom of email or go to:
To apply for a refinance or home purchase loan, please call me or go to:
Team Green is a top 1% originating mortgage team in the country. Everyone on our team has over 13 years of mortgage lending experience.
My team treats every transaction as an audition to earn your business for the rest of your life.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
TEAM GREEN LINE: 480-704-4890
TEAMGREEN@FAIRWAYMC.COM
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, HARP 3.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. January 23rd 2017 30 year fixed rates, January 24th 2017 30 year fixed rates, January 25th 2017 30 year fixed rates, January 26th 2017 30 year fixed rates, January 27th 2017 30 year fixed rates, January 28th 2017 30 year fixed rates, January 29th 2017 30 year fixed rates, January 30th 2017 30 year fixed rates.
Weekly Rate – Rates Trending Higher
WEEKLY RATE – RATES TRENDING HIGHER
WEEKLY RATE – RATES TRENDING HIGHER
I hope everyone is having a fantastic week!!
In this weekly rate, we discuss:
– This week in interest rate pricing
– Higher Conventional, VA, and FHA Loan Limits for 2018
WEEKLY INTEREST RATE PRICING:
Interest rates have trended higher at the end of December and early January.
Rate pricing is near 6 month highs, but the good news is that rates are still within a .25% of the best rates of the past 6 months.
The Mortgage Backed Security (MBS) market started this week down – 44 bps, but since has recovered some going into Friday, trading down -12 bps.
Mortgage Backed Securities and US Treasuries have a strong correlation to mortgage rate pricing. As bonds go down, rate pricing worsens.
The expected trend is for mortgage rate pricing to continue to slowly trend higher in 2018.
Below are today’s interest rates and links to get a free rate quote or apply online.
Have a great week!!
HIGHER CONVENTIONAL, VA, and FHA LOAN LIMITS FOR 2018
CONVENTIONAL / VA 2018 LOAN LIMITS:
Fannie Mae released their higher conventional loan limits for 2018. The normal conventional loan limit of $424,100 was raised to $453,10. VA followed suit mirroring conventional loan limits.
Some higher priced areas have a high balance conventional loan over the country wide $453,100.
To check the loan limit in your area – please click the link below:
https://www.fanniemae.com/singlefamily/loan-limits
FHA 2018 LOAN LIMITS:
FHA also raised their loan limits.
The one I most directly deal with is Maricopa County, Arizona which raised the FHA loan limit to $294,515.
To check the loan limit in your area, please click the link below:
https://www.fha.com/lending_limits
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
For a no obligation mortgage quote, please go to:
To apply for a refinance or home purchase loan, please call me or go to:
TEAM GREEN:
Team Green is a top 1% originating mortgage team in the country. Everyone on our team has over 13 years of mortgage lending experience.
My team treats every transaction as an audition to earn your business for the rest of your life.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
TEAM GREEN LINE: 480-704-4890
TEAMGREEN@FAIRWAYMC.COM
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, HARP 3.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. January 12th 2017 30 year fixed rates, January 13th 2017 30 year fixed rates, January 14th 2017 30 year fixed rates, January 15th 2017 30 year fixed rates, January 16th 2017 30 year fixed rates, January 17th 2017 30 year fixed rates, January 18th 2017 30 year fixed rates, January 19th 2017 30 year fixed rates.
WEEKLY RATE – RATES TRENDING HIGHER
WEEKLY RATE – FED RATE HIKE LIKELY COMING IN DECEMBER
WEEKLY RATE – FED RATE HIKE LIKELY COMING IN DECEMBER
I hope everyone is having a fantastic week!!
In this weekly rate we discuss current interest rate news and an important change to the Arizona Down Payment Assistance Program. Starting off with interest rates.
WEEKLY RATE
Interest rates improved slightly in the last week of November 2017.
Rate pricing improved about 10 bps in costs at each rate with the Mortgage Backed Security (MBS) market finishing the week up + 9 bps.
For well qualified customers, they can obtain a 30 year fixed rate at 3.99% with .75 points (4.15% APR), and a 4.25% with 0 points (4.29% APR).
Rate volatility will likely increase to close out 2017.
On December 12th and 13th, the Federal Open Market Committee (FOMC) is meeting and will likely raise the Federal Funds rate. Congress will be working to get through an updated tax plan which will affect the markets.
News about holiday shopping and employment will also play a key role in interest rate pricing.
If you are still thinking about refinancing, if you start now you can still miss December and January’s mortgage payment.
Below are today’s interest rates. Have a great week!!
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
For a no obligation mortgage quote, please answer questions at bottom of email or go to:
WWW.FREEMORTGAGEQUOTE.NET
To apply for a refinance or home purchase loan, please call me or go to:
http://reggiegreenhomeloans.com/apply-now/full-application-reggie-green/
MAJOR CHASE TO ARIZONA DOWN PAYMENT ASSISTANCE PROGRAM – HOME PLUS AND HOME IN 5
Effective, January 2, 2018 on all new HOME Plus reservations the assistance provided will be in the form of a three-year, no interest, no payment, deferred soft second mortgage, forgiven monthly at a rate of 1/36 over the term of the lien.
Currently, clients are utilizing down payment assistance programs to help get into their homes with little to no money down.
Down Payment Assistance program utilize higher rates than a traditional mortgage to help offset the grant money being paid. Many lenders are soliciting these borrowers right after closing to lower their rate.
This is a smart tactic, but it makes the program unsustainable as the higher rate is helping pay for the grant.
If they are immediately being paid off, the program is losing money.
Effective on all new Home Plus reservations after January 2nd – the grant will be a silent 2nd completely forgivable after 3 years.
This will create a combined loan to value likely over 100%, preventing lenders from coming in to immediately refinance the down payment assistance loans.
HOW CAN YOU USE THIS TO YOUR ADVANTAGE:
Once the silent 2nd goes into effect, it will be difficult for borrowers using down payment assistance to refinance shortly after closing.
But, they can still utilize the grant if they act fast and get under contract in December.
Once the silent 2nd goes into effect, borrowers will likely have to remain in a higher down payment assistance rate for a lot longer because of the higher combined loan to value and rate pricing is worse when you have 2 loans.
They will also have less equity if they sell within 3 years.
—
TEAM GREEN
Team Green is a top 1% originating mortgage team in the country. Everyone on our team has over 13 years of mortgage lending experience.
My team treats every transaction as an audition to earn your business for the rest of your life.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
TEAM GREEN LINE: 480-704-4890
TEAMGREEN@FAIRWAYMC.COM
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, HARP 3.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. November 27th 2017 30 year fixed rates, November 28th 2017 30 year fixed rates, November 29th 2017 30 year fixed rates, November 30th 2017 30 year fixed rates, December 1st 2017 30 year fixed rates, December 2nd 2017 30 year fixed rates, December 3rd 2017 30 year fixed rates, December 4th 2017 30 year fixed rates.
WEEKLY RATE – FED RATE HIKE LIKELY COMING IN DECEMBER