Beyond the 20% Down Payment: A Guide to Navigating PMI for Savvy NYC Agents

A young, eager couple walks into your office, brimming with excitement about their dream NYC apartment. They’ve saved diligently, but the ever-climbing costs make the magic 20% down payment seem like a distant mirage. Enter…

From Stalemate to Sold: Proven Tactics to Overcome Buyer and Seller Roadblocks

You’ve found the perfect buyer for your client’s dream condo. They love the space, the location is ideal, and everything seems on track. Then, the buyer throws a curveball: “The asking price is a bit…

The Power of Collaboration: How Realtors and Mortgage Originators Can Build Winning Partnerships

Sarah, a young professional, finally saved enough for a down payment. Thrilled and determined, she embarks on her dream of homeownership.  She finds a fantastic realtor, John, who patiently guides her through property viewings and…

Calendar Dates That Can Derail Your Real Estate Deals

Your sale is set to close in two days.  The scheduled date is here.  Finally, you’ll be able to update your listing to “sold.”  Even more exciting is that the new buyer is all of…

Tax Tips Your Self-Employed Borrowers Can’t Afford To Ignore

Tax season is upon us.  Your self-employed customer will likely seek your advice whether they should wait until they file their most recent taxes before beginning their home search, or move forward using the last…

Surprising Ways to Cover Closing Costs and Make Your Home Purchase Dream a Reality

Buying a home requires cash.  Lots of it.   Not only do you need the required down payment, you’ll also need closing costs – which in some markets can be as much as 6% of…

I hear I can take over my Seller’s Assumable Mortgage

Assumable mortgages allow a new buyer to take over the remaining balance of the seller’s mortgage under the same terms in which the loan originated. These loans garner greater attention in high interest rate environments…

Surprising Ways to Cover Closing Costs and Make Your Buyer’s Dream Home a Reality!

The total cash required to close a home purchase can be a real hindrance for homebuyers, especially in high-cost markets.  Aside from the downpayment required from a buyer, the additional settlement cost in some markets…

Tips for Streamlining Your Mortgage Process

As you embark on your homeownership or real estate investment journey, we want to provide you with valuable tips to streamline your mortgage process for faster results. By implementing these suggestions, you can expedite the…

Unleash Your Financial Triumphs in the New Year

Happy New Year! As we step into the promising horizon of 2024, the team at Channel Mortgage, LLC is thrilled to accompany you on this journey of financial success. We hope your holidays were filled…

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