Financial Update by Maurice Soussé

Happy Friday,

Rates are looking great again this week after a tough start to the week. Rates had gone up a touch at the beginning of the week, but, have settled back into the groove with the 10 year T bill closing under 2% today.

What programs do we have that are unique that may help our clients buy homes? A few are:

Asset Depletion (income used through assets of a retired borrower)
Foreign National Programs for Non US Citizens
FHA with only 3.5% down (gift allowed)
Jumbo mortgages with only 10% down
No PMI 90% purchase loans
Interest Only Loans Up to $5 million

Rates 012712, The Sousse Group, Luxury Irvine Condos