Veridian Mortgage - Richard Wang

If you're the type of person who likes to track their pizza, their packages or their daily steps, you'll really love my transparent, fully trackable mortgage loan process! Let's get started!

🤞 We're going to try our best to continue closing in 30 days or less in 2022

You're about to buy your first home and everybody keeps telling you about the big tax break 💸 you're going to get. Learn more about which closing costs are tax-deductible and which are not in our newest blog post.

Visit to https://1l.ink/CS87J2T to learn more

Wishing you nothing but the best this holiday season 🎄

“Buying down” the interest rate is the same as paying “origination fees” or closing costs. It is all the same – money out of the borrower’s pocket that is paid at the outset of the loan term. This can be an attractive option for the negotiating buyer who wants to be credited with an amount of cash that will be in excess of the anticipated closing costs.

Are there any other options besides buying down the interest rate? Visit https://1l.ink/SX3TJXF to learn more

Consider an adjustable-rate mortgage.
💸Flexible payment options
🏠Make homeownership more affordable
🏦Save cash for other investments or expenses
⚡Pay down your principal balance quicker

Move-in day celebrations 🍾

If you're looking to buy a home next year, it's never too early to start planning. One phone call can get you started on the path of homeownership.

Have you ever heard that your loan will be sold or transferred to another principal after you close? What does that mean and how does it work? Learn more on this week's blog post. https://1l.ink/DXHPHZ5

What's on your list for 2022? A new roof? A trip to see family friends you haven't seen in a while? Whatever it is, consider leveraging the equity you have in your home. Rates are still historically low 💸

In 2020 we saw a lot of people leave big cities and buy homes that are bigger to be more comfortable at home. So what if you need to return and decide to have a 2nd home to be closer to work M-F?

In this week's blog post we go over two options you have. https://1l.ink/VCLXP8Z

Private Mortgage Insurance isn't forever 🙌. Once you have 20% equity in your property, you can refinance to remove PMI. If you're wondering if you've reached 20% equity, give me a call today to check.

By calculating your debt-to-income ratio, you find out how much you possibly qualify for a home purchase or refinance. DTI is calculated by dividing your monthly debt payments by your monthly gross income. But what does that number mean to the lender?

Learn more about your mortgage DTI in our new blog post. https://1l.ink/6QRHM7T

Opting out means you will no longer be included in firm offer lists provided by the four consumer credit reporting companies. This helps reduce the spam in your inbox and the offers you receive in the mail.

The benefits of an increased loan limit...

🏠 Potentially receive an appraisal waiver
💸Go higher in your purchase price
🎉Access to more loan programs

The Federal Housing Finance Agency announced the 2022 Conforming Loan Limits! 🎉

There's still time to refinance while rates are historically low. Here are 5 reasons to consider a refinance...

This holiday season consider buying your gifts from small businesses. Here are 3 ways to shop on
📍Before you open your Amazon app, check if a local store has the item you're looking for.
❣️If you like it, your friends and family probably will too!
👍Like, Share, Save, and Engage with your favorite local businesses. It only takes one tap and really helps their social media presence.

Wishing you the happiness of good friends, the joy of a happy family, and the wonder of the holiday season. Have a memorable thanksgiving!

Meet Bessie who is retired and without a job but recently inherited a sizeable sum of money. She is looking to purchase a home but will need other income sources to help her qualify. Read more here: https://1l.ink/WRKLVW2

Scammers are really creative these days, which means we have to be extra careful and watch out for each other. Before you wire any funds, always call your mortgage broker or real estate agent first to confirm. They can confirm the wiring instructions.

Because of the breadth of programs available, mortgage brokers tend to have a broader knowledge of different loan products and more extensive experience to tackle more complex loan scenarios. Brokers also zealously represent the client borrowers since they have no duty to conduct any business as a correspondent lender or bank.

I am keeping this week's tip super simple. CHECK YOUR CREDIT REPORT

It's free to do when you visit annualcreditreport.com.

You want to check that all the accounts listed are actually yours and the balances are correct. Fixing errors can take time and if you are planning to apply for a mortgage, you will want that fixed first.

Do you think paying down your mortgage is a good or bad investment move? What about putting a large down payment? It probably depends on your overall financial portfolio but here are my top 3 reasons to NOT pay down your mortgage.
📈 Rate of Return
💸Taxes
🏠 Liquidity
Click Here to Learn More: https://1l.ink/6Q5H8VS

Happy 🎉 In 2017 Maria, Katy, and I opened Veridian Mortgage to help homeowners navigate the loan process and to make well-informed financial decisions.

Are you looking to buy a home next year? It's never too early to start planning. Start with these 4 questions...

Summer is the perfect time for a quick renovation project, but renters have to deal with red tape and pesky landlords. If you want full creative freedom over your living space, now’s the time to reach out.