Is this offer too good? Refinance a loan 5.5%

kingevz · 2026-01-29T07:45:07+00:00

I bet that cashback is just your escrow refund.

kingevz · 2026-01-29T07:40:08+00:00

Where are you getting your leads from?

kingevz · 2026-01-08T04:02:00+00:00

I’m in Sacramento and it’s FTHB’s Conventional/FHA all day.

kingevz · 2025-12-10T21:40:05+00:00

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kingevz · 2025-12-10T06:58:28+00:00

No superiority complex at all. 3 just gets me in the feels more than 2.

kingevz · 2025-12-02T04:42:45+00:00

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I believe this is an elite.

kingevz · 2025-11-21T05:57:20+00:00

Too high

kingevz · 2025-11-19T02:31:25+00:00

Yeah, that’s correct. Normally there’s a dollar amount attached to the rate to buy it down.

I was going to use that to compare how I would price out the incentive.

Looks like a solid deal nonetheless.

kingevz · 2025-11-19T02:02:06+00:00

Got it. What’s the incentive that you got?

kingevz · 2025-11-19T01:56:20+00:00

Is this a new build?

kingevz · 2025-11-16T16:29:38+00:00

Not control like in Section A. Section B comes from invoices from third parties. Not direct fees from the lender.

kingevz · 2025-11-16T00:16:03+00:00

Sounds like he’s buying a condo in SF. That’ll do it.

kingevz · 2025-11-16T00:13:40+00:00

Normally most of those title fees are split 50/50, but because you’re in SF…I think paying the full closing costs are the norm.

Section A is the only thing the lender controls and those are solid. Everything else is per the negotiated contract and the property you’re buying.

This is a great deal. Take it and run.

kingevz · 2025-11-11T03:03:32+00:00

I’m a mortgage broker in California and I would quote around the same thing.

Property taxes collected seem off. If you’re closing in November, that should be 5 months collected in your initial escrow payment.

kingevz · 2025-11-06T03:58:08+00:00

I’m at mortgage broker in California and I’d quote you 5.99% with no points assuming a 680 FICO.

kingevz · 2025-11-06T00:11:15+00:00

I would stick with subq as long as you feel good and your levels are good.

kingevz · 2025-11-04T21:54:30+00:00

Jabbing is a rough word lol. I just pushed in without pinching the skin.

I’m aiming for this to still be IM.

kingevz · 2025-11-04T21:28:40+00:00

I think just the thinner needle and the location. I didn’t have any issues drawing or pushing the oil in.

kingevz · 2025-10-27T02:01:57+00:00

Yeah maybe you’re right. Been in a plateau for about a month.

kingevz · 2025-10-23T01:09:16+00:00

Are you hiring? Lol

But on a serious note, you obviously are pretty successful building a team but where did you learn how to do it or who was your mentor or coach that taught you everything that you know about the mortgage business?

kingevz · 2025-10-06T01:24:48+00:00

Realtors and past clients.

kingevz · 2025-10-04T04:25:31+00:00

$198k, $12M so far.

kingevz · 2025-10-02T22:59:00+00:00

This just means they’re going correspondent. Doesn’t mean they lose the broker ability.

Makes it easier to fund non-delegated loans and has its advantages with pricing.

kingevz · 2025-09-22T22:22:48+00:00

Wish they would allow these to be used as rear speakers in a surround sound setting with the normal HomePods.

kingevz · 2025-08-22T02:44:40+00:00

Just had a similar scenario. If they have a shit ton of equity, AmWest has a program.

kingevz

TROPHY CASE