ML Mortgage Corp

On this Patriot Day, we honor the strength, courage, and resilience of those who were affected by the events of September 11, 2001. Today, we remember the heroes who risked everything, the lives that were lost, and the families forever changed. As we reflect on this day, let’s come together in unity and gratitude for the freedoms we hold dear. 🇺🇸

🏡🥇 If getting first-time homebuyers approved and into homes was an Olympic sport, ML Mortgage would be taking home the gold every time! 🥇🏡

Let us help you achieve your dream of homeownership with the same dedication and excellence. Contact us today!

Embrace the warmth of cherished bonds and treasured moments, for a house becomes a home when it’s filled with laughter, love, and the joyous symphony of life. May your home be the nurturing hearth where friends meet, family gathers, and every corner echoes with the delightful tapestry of memories crafted together.

Did you know owning a home comes with some amazing tax perks? Share this with anyone you know who might benefit from this info.

Here are 6 tax advantages you don’t want to miss:

1. **Mortgage Interest Deduction:** If you’re filing jointly, you can deduct interest on up to $750,000 of mortgage debt. That’s a big deal!

2. **Real Estate Taxes:** You can deduct up to $10,000 per year in state and local property taxes. Every little bit helps!

3. **Mortgage Points:** Paid discount points when you got your mortgage? You can deduct those too!

4. **Moving Expenses:** Members of the armed forces moving due to a change of station can deduct moving expenses. Thank you for your service!

5. **Capital Gains Exclusion:** When you sell your home, you can avoid taxes on the first $250,000 of profit if you’re single, or $500,000 if you’re married, as long as you’ve lived there for two of the last five years.

6. **Tax-Deductible Mortgage Insurance:** You might be able to deduct private mortgage insurance and other fees, though this one can change, so check with a tax pro.

Remember, there are more tax breaks where these came from, so always consult a tax professional to make sure you’re maximizing your savings!

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Save this for later if you’re planning to buy a home in the near future.

Want to boost your credit score? Here’s a quick hack!

Boost your credit score quickly by becoming an authorized user on someone else’s credit card! Ask a trusted family member or friend with good credit, and benefit from their positive payment history. Make sure they have a strong credit profile to maximize your gains.

Found this tip helpful? Follow for your daily mortgage tips and hacks!

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Interest rates got you down? Let us share Sarah and Mike’s story, because I know it sounds tough out there. Just a few months ago, they were in the same boat, feeling overwhelmed by high interest rates.

Here’s how they managed to turn things around:

✔️ First, they discovered Shared Equity Agreements. By partnering with an investor, they reduced their loan amount and monthly payments without adding to their debt. It was a game-changer.

✔️ Next, they considered co-buying. Sarah’s brother chipped in, and together they were able to split the costs, making the dream of homeownership a reality.

✔️ Sarah and Mike also took advantage of Government Programs, securing an FHA loan with lower interest rates and down payment requirements.

✔️ Down Payment Assistance programs were another lifesaver, providing grants to help with their down payment and closing costs.

✔️ They didn’t overlook First-Time Homebuyer Programs either, which provided financial assistance and educational resources to navigate the process.

🏡 **Open House Alert!** 🏡

Join us this Sunday (8/4) from 11am – 1pm at 55695 Royal St George, La Quinta, CA 92253!

✨ **NEW PRICE!** Just reduced by $100,000! ✨

Introducing an exquisite custom home in PGA Greg Norman, crafted by Marvin Homes and on the market for the first time in nearly two decades.

🛏️ 4 Bedrooms
🛁 5 Bathrooms
🚗 3-Car Garage (recently epoxied)
🍴 Gourmet Kitchen with top-of-the-line appliances including a Subzero refrigerator, multiple wine refrigerators, and 2 Thermador ovens.
🏊 Oversized saltwater pool & spa
🏠 Detached full casita

Features:
- Impressive 19-foot ceilings
- Travertine flooring throughout
- Custom-built BBQ & firepit
- Lush landscaping with citrus trees
- Located on the 9th fairway of the renowned Norman course

Don’t miss the chance to experience this luxury haven where sophistication meets blissful living.

Furnished per seller inventory. Schedule your private tour today!

🏡 **Open House Alert!** 🏡

Welcome to Terra Lago in North Indio! Join us this Friday (8/2) from 11am – 1pm at 43002 Traccia Way, Indio, CA 92203.

This stunning 4-bedroom, 3-bathroom home, complete with a detached casita, is located in a prestigious gated community, offering both luxury and security.

🏌️‍♂️ **Features:**
- New flooring in the bedrooms and dining room
- AC unit replaced 5 years ago
- New dishwasher
- Situated on a beautifully manicured golf course with breathtaking views

🏡 **Community Amenities:**
- Recreation center
- Fitness center
- Outdoor Olympic-style swimming pool and hot tub
- 100-seater ballroom for parties and entertainment
- Internet and cable included in HOA

Don’t miss this rare opportunity to own a piece of paradise!

Homebuyers! Did you know that by reducing your monthly debt by just $350, you can increase your loan approval amount by $50K?
Want to qualify for a higher loan amount (that you can comfortably afford)?
Here’s the hack👇
Focus on lowering your debt and/or increasing your income (and maintaining a good credit score).
Slash $350 from your monthly debt, and watch your buying power soar by $50K!
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Home is where the heart finds its truest joys – in the warm embrace of family, the laughter of friends, and the memories we create together. Cherish every moment, for these are the threads that weave the tapestry of a beautiful life 🏠❤️

Imagine the possibilities with each option! A paid-off home means no more mortgage payments, $100K cash can give you a nice financial cushion, a perfect credit score opens doors to better financial opportunities, and $2500/month for life provides steady, passive income.
Which one would you choose? 👇

Struggling with high home prices? You’re not alone, but there’s hope! Here are some solutions to help you get into your dream home without breaking the bank:

✅ Explore First-Time Homebuyer Programs: There are amazing programs out there designed to help you get a foot in the door.

✅ Consider a Co-Buyer: Teaming up with a friend or family member can make buying a home more affordable.

✅ Investigate Alternative Financing Options: There are more ways to finance a home than you might think. Look into them!

✅ Negotiate Seller Concessions: Sometimes, sellers are willing to cover some of your closing costs or make repairs.

✅ Look at Emerging Neighborhoods: New areas are often more affordable and have great potential.

✅ Utilize Mortgage Points: Paying for points upfront can lower your interest rate and save you money in the long run.

✅ House Hacking: Rent out part of your home to help cover the mortgage.

Follow → for your daily mortgage tips.

Life is full of twists and turns, but one thing’s for sure – you’ll never find your way home if you don’t take that first step. Let love guide you and chase after your dreams with all you’ve got. You never know what’s waiting for you on the other side, but one thing’s certain – it’s worth the risk.

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It’s a tough choice! On one hand, paying it off faster means less interest and owning your home outright sooner. On the other hand, lower monthly payments can free up your budget for other things.

What’s your preference? 🏡💬

Follow → for your daily mortgage tips.

Struggling with a down payment? Shared Equity Agreements might be your answer. Think of them as the cool cousin of mortgages! Instead of shouldering all the debt yourself, you partner with an investor who shares in the property’s equity. It’s like having a co-pilot on your homebuying journey! 🏡

Why go solo when you can have a buddy, significant other, or family member to share the load (and the profits)? With a shared equity agreement, you get financial help without the heavy loan burden. Here’s how it works:

✔️ You and an investor both chip in for the down payment.
✔️ You live in and take care of the home.
✔️ When you sell, you both share the profit (or loss).

It’s a win-win, especially if you’re short on cash but big on dreams.

Ready to take the plunge into homeownership? Don’t let the down payment or interest rates hold you back. Comment the word “READY,” and I’ll take it from there!

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Here are key questions to ask to understand their services, fees, and loan options:

What types of loans do you offer?
Determine if they have a range of loan products that fit your needs.

What are the interest rates and fees for each loan type?
Understand the total cost by asking about both interest rates and associated fees.

What are the qualifying criteria for these loans?
Gauge your chances of approval by knowing the eligibility requirements.

Can you explain the loan application and approval process?
Prepare for the steps involved and understand the timelines.

How do you get paid?
Clarify if they are compensated through fees from you or commissions from lenders to understand any potential biases.

What information will I need to provide for my loan application?
Get a list of necessary documents to prepare in advance.

How long does it typically take to get pre-approved and then to close the loan?
Plan your home buying process by knowing the typical timelines.

What happens if interest rates change before I close on my home?
Learn how rate changes can affect your loan, especially in a fluctuating market.

How will you help me find the best loan for my situation?
Ensure they are committed to tailoring options to your specific needs.

Share this post with anyone you know who might benefit from this info.

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6 Crucial Steps Before Buying a House 👇

Research Closing Costs
Closing costs range from 1-6% of the purchase price and vary by location. DM me for average costs in your state!

Save for Your Down Payment
First-time buyers need a minimum of 3%. Use online calculators to see how different down payments affect your monthly payment.

Open a High Yield Savings Account (HYSA)
Save 3-6 months of expenses. Platforms like Revolut offer 4.24% APY and Robinhood offers 5% APY.

Research State Grants
Look for first-time buyer grants and assistance. Check HUD’s website for a list.

Check Your Credit Utilization
Aim for below 30%, ideally 10%. Review your credit report on annualcreditreport.com.

Learn the Homebuying Process
Educate yourself and get a comprehensive homebuying guide from your real estate agent.

Comment “HELP” for a free Zoom consultation to navigate home buying and avoid costly mistakes!

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🎉 Congratulations to Jennifer Stewart on becoming licensed in Texas! 🎉

Did you know that ML Mortgage is licensed in:

Arizona
California
Colorado
Florida
Hawaii
Indiana
Louisiana
Nevada
New Mexico
Oregon
Pennsylvania
South Carolina
Tennessee
Texas
Washington

No matter where you are, ML Mortgage is here to help make your homeownership dreams come true. 🏡

Did you know late payments can be deleted from your credit and potentially increase your score by 100 points? 😲

It’s true! Under 15 U.S. Code § 1681a (d)(2)(i), you have the right to dispute inaccurate or outdated information on your credit report. Reversing those late payments could give your credit score a major boost. Don’t let past mistakes hold you back—take control of your credit today!

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🎉 Want to save six figures on your home purchase? Here’s how! 👇

A lot of people don’t realize this, but one of the biggest expenses of homeownership is mortgage interest. Let’s make your money work harder for you with these smart tips:

✔️ Shop Around for Lenders: You’ve got a 14-45 day window where multiple lenders can pull your credit without dinging your score. Get quotes, written closing cost estimates, and compare rates and fees. It’s worth it!
✔️ Switch to Bi-Weekly Payments: Instead of monthly payments, go bi-weekly. You’ll make an extra payment each year and save a ton in interest over time.
✔️ Make an Early Payment: Your first mortgage payment skips a month. Close in September, first payment in November. But pay in October and start reducing your principal right away. Hello, savings!
✔️ Look into Grants & Programs: Many states and banks offer reduced mortgage rates for first-time buyers. Grants mean you borrow less and pay less interest. Win-win!
✔️ Negotiate Rate Buy Downs: Use your negotiating power to get sellers to pay for rate buy downs. More savings, less stress.
✔️ Refinance When Rates Drop: Buy now with less competition and a lower price. Refinance when rates drop and enjoy the best of both worlds!

Ready to leap into homeownership? Comment “READY” and let’s start this exciting journey together! Not quite ready yet, but thinking about buying soon?

Comment “GUIDE” and we’ll send you an invite to a FREE Zoom consultation where you’ll learn how to navigate the current market challenges and discover how to avoid costly mistakes!

🎉 Welcome to the Team, Delia Alvarez! 🎉

We are thrilled to have Delia join us as a Mortgage Loan Originator at ML Mortgage. With over 25 years of experience in mortgage lending and real estate, Delia brings a wealth of knowledge and a passion for helping clients achieve their homeownership dreams.

Outside of work, Delia loves watching her kids play soccer, attending professional soccer games, and caring for her many pets, including a dog, cat, and chickens. She’s also bilingual in English and Spanish, enhancing our ability to serve a diverse community.

Join us in giving Delia a warm welcome! 🌟🏡⚽🐶🐱🐔

Why stress over fluctuating rates when you can secure your forever home today? Let’s turn that “maybe” into a “mine” today 😉 🏡

🎨✨ Imagine your dreams as a blank canvas, waiting for your unique touch. Pick up that brush and unleash a masterpiece with no limits, no boundaries, just endless possibilities!
You’re the Picasso of your life’s masterpiece – why settle for anything less than extraordinary?
Today’s mantra: No limits, only limitless potential! 🚀 Turn your ‘one day’ into ‘day one’ and start painting the life you’ve always envisioned! 💫 Let’s create something unforgettable together!

🤯💸 "The bank says I can't pay $3,300 for a mortgage, so I pay $3,500 for rent."

Time to turn this around and get you into a home where your money works for you!

Explore alternative lending options like credit unions or online lenders. Consider co-buying with a trusted friend or family member. Look into rent-to-own programs. Improve your credit score with small, strategic changes. Consult a mortgage lender (Hello 👋) for personalized advice.

Let’s break this cycle together!

Happy 4th of July! 🇺🇸 While you’re celebrating freedom, remember that financial freedom is just as important! Struggling with high home prices and tight markets? Let’s make your homeownership dreams a reality. DM us for expert mortgage advice and discover how we can find the perfect loan for you!

First things first…❤️ Like this post and 💾 save for future reference. Share with anyone you know who might benefit from this info.

How to Find Grants & Assistance ⬇️

Did you know HUD.gov lists nearly every state-offered program for homebuyers? Each state or city has its unique options, from incredibly low interest rates to down payment assistance and other perks. Here are 3 key things to consider:

1️⃣ Most programs have income caps.
2️⃣ Using them might make it harder to negotiate offers.
3️⃣ Refinancing might not be possible if you use a grant.

Still, they’re always worth exploring! And if a grant doesn’t work out, Fannie Mae offers a 3% down program for first-time buyers.

Follow → for your daily mortgage tips!