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No Money Down Mortgage Program

Can you imagine buying a home without making a down payment? With Rate House Mortgage’s 0% down payment program, now you can! In this video, Vice President Roger Sanchez explains how you can purchase a home with no money down!

First time home buyers usually don’t have much money to put down on a home. Especially with the prices of homes this year. For example, a 20% down payment on a $350,000 house would be $70,000. It’s fair to say that not many people have that kind of cash saved up. However, by using Rate House’s 0% down payment program home buyers can save the money they would have spent on a down payment to use for their mortgage payments at a later date.

Often, people who can afford to pay rent can afford a mortgage payment. However, making a down payment is where most people struggle. Rate House eliminates this problem, providing affordability for ALL. Our 100% financing will provide home buyers who don’t have the money for a large down payment the opportunity to purchase and finance a home that they’ll love.

If you are a home buyer interested in 100% financing, click here to send us an inquiry about our no money down mortgage program!

Quick Vids: Rate House Fix & Flip loan program

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Venturing into the world of fixing and flipping houses is becoming more and more popular! As shows like “Flip or flop” gain traction, people are becoming inspired to make their own investments and try flipping homes! A lucrative money-making opportunity, Fix & Flip loans are a great way to finance such a heavy investment.

In this quick vid, Carlos and Johnny from G&G Home Solutions speak to Roger and detail their experience with Rate House’s Fix & Flip loan program. Additionally, they explain how financing helped make the investment into the home they flipped, and show the before and after pictures from the process! Also, stick around to the end of the video to see the cost breakdown of the house they flipped! We detail their finances, including how much profit they made! Carlos and Johnny are great examples of clients who were immensely satisfied with the options they were provided with.

Flipping homes can be complex, but Rate House Mortgage Company can make the process easy. Our financing options will get you on your way to flipping your first house as soon as possible! We provide comprehensive, intelligent insight into the process to give you a complete understanding of what flipping homes entails. You can be fixing and flipping your first home, or you can be a seasoned house flipping expert. It doesn’t matter to us, we treat all of our clients with the same respect! Most importantly, if you think you want to try your hand at flipping homes, give us a call at 888-91-RATES!

To learn more about the home-buying process, click here!

Quick Vids: Buying Vs Renting

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Everybody wants to own a home, and to do what they want with their own personal space. However, the cost of a mortgage can be worrisome to most people. Luckily, the fact is that if you’re currently renting a house or apartment, it’s likely that you can afford to make mortgage payments.

In this quick vid, Roger and NJ Realtor Patricia Ruiz give insight into the world of Buying vs. Renting. For an example, they explain that someone paying $2,150 a month in rent can potentially buy a $300,000 home with just a $9,000 down payment! In addition, once you own a home you can decorate the space however you want! You have no landlords telling you what to do! For instance, you could paint the walls, hang pictures, get a pet, and do much more!

Buying a home is not as scary or complex as many people make it out to be. In fact, owning a home is one of the best things that you can do to increase your equity. Let us at Rate House Mortgage Company simplify the process for you, and get you the best rate on a new home!

To learn more about the home-buying process, click here!

Home Renovation & 203(k) Mortgages – How does it work?

Have you ever thought about home renovation, purchasing a fixer upper, and remodeling it?  For instance, maybe purchasing a foreclosed property or short sale?

In today’s Real Estate market, this is becoming an increasingly popular choice for First Time Home Buyers.  In other words, inventory is tight, and prices are going up.  Therefore the thought of purchasing a distressed home, and doing home renovation is very appealing.

In this video, our Executive Vice President; Roger J Sanchez, explains how a 203K Mortgage or Conventional Home Renovation Mortgage works.  Above all, you will learn everything you’ve always wanted to know about how to make this dream a reality.

Rate House Mortgage Company has locally licensed Mortgage Professionals that will explain how you can purchase a home and remodel or renovate that home, with one simple mortgage.  Therefore you can reach out to us if you have any questions about purchasing a fixer upper and getting a mortgage to remodel it at the same time.

Call our expert team at 888-91-RATES to speak with a professional about any home or mortgage questions yo might have. We at Rate House Mortgage Company are always ready and happy to help and educate potential home buyers!

 

Video Link:  https://www.youtube.com/watch?v=ZH5uM_JJ13w

Learn about Home Buyer Closing Costs: https://www.theratehouse.com/2018/04/18/home-buyer-closing-costs-explained/

The Best Way to get a Mortgage

Introducing Rate House Mortgage

Attention Home Buyers – Rate House Mortgage has set out to fundamentally change how you get your mortgage.

In the past, home buyers would have to go lender to lender or bank to bank in search of their best mortgage rate and terms.  For First Time Home Buyers, this can be a daunting task.

So daunting that many Home Buyers simply stay with the very first lender or bank that Pre-Qualifies them.  Never knowing if there is a better mortgage rate or mortgage program out there.

Rate House is changing all of that.  Our mortgage professionals are locally licensed and can help you understand all of your mortgage options.  Our mortgage professionals will break down the entire home buying process, including down payments, closing costs, and mortgage insurance.

Rate House wants to make sure you understand all of your options and you make the best choice of mortgage program.  From there, we will shop our national network of countless banks and lenders – INSTANTLY – to find you the best rates and terms.

If you’re a Home Buyer, in any stage of the process, then reach out to us.  Even if just to make sure you’re getting the best mortgage rate you can get.  We’d be happy to compare options for you.  Free of Charge, No Credit Check Required!

Call our expert team at 888-91-RATES to speak with a professional about any home or mortgage questions yo might have. We at Rate House Mortgage Company are always ready and happy to help and educate potential home buyers!

 

Video Link: https://www.youtube.com/watch?v=OB7_idASkYY

See if you pre-qualify:  https://www.theratehouse.com/lets-get-qualified/ ‎

Using a Seller’s Concession to pay Closing Costs

Seller’s Concession to pay Closing Costs

Closing Costs are one of the biggest hurdles facing Home Buyers today.  While they may have saved enough for a down payment, many Home Buyers haven’t saved up for these costs.

Closing Costs can add up to several thousand dollars.  Saving up this much can delay Home Buyers several month or years.

In this video, our Executive Vice President; Roger J Sanchez explains how Home Buyers can use a Seller’s Credit or Seller’s Concession to help pay for the costs required to close on their home.

We here at Rate House Mortgage Company understand how important it is to have overarching knowledge of Mortgage terms before completing the home buying process, so we’ve created this video series to help potential and first-time home buyers understand the process and how it affects them personally.

Learn how this process works and what you can do to put this option to work for you.

Call our expert team at 888-91-RATES to speak with a professional about any home or mortgage questions yo might have. We at Rate House Mortgage Company are always ready and happy to help and educate potential home buyers!

If you have any questions, or want to see if this option would work for you – please speak to one of our mortgage experts now!

 

Video Link: https://www.youtube.com/watch?v=YUPQZqS-ykA

See if you pre-qualify:  https://www.theratehouse.com/lets-get-qualified/ ‎

Home Buyer Closing Costs Explained

Learn a simple solution on how a seller’s concession (or a seller’s credit) can help you pay for your home buyer closing costs. Many home buyers save enough for the down payment, but not enough for the closing costs. We teach you that there are ways to become a homeowner even if you haven’t saved enough for closing costs.

Are you are buying a house for the first time? You might not be aware of all the home buyer closing costs that can apply to your home purchase. From home inspection fees, to origination fees, to loan expenses and more. We’ve created this informative video series to help educate home buyers on the buying process and give them the knowledge to make an empowering purchase decision.

Like what you hear? Speak to one of our licensed mortgage professionals to discuss your home buying options or sign up for our newsletter for more tips on how you can save when buying a home.

Call our expert team at 888-91-RATES to speak with a professional about any home or mortgage questions yo might have. We at Rate House Mortgage Company are always ready and happy to help and educate potential home buyers!

 

Video Link: https://www.youtube.com/watch?v=zpA-pAUeGoE

Learn about seller’s concession: https://www.theratehouse.com/2018/04/19/sellers-concession-can-pay-closing-costs/