Mortgage Expert Says Jumbo Financing Presents Opportunities for the New Year
When considering New Year’s resolutions this year, great mortgage opportunities may move home improvements and investment properties to the top of the list. MetLife Mortgage Consultant Remigio Ferrara says the time is right to look at new home loans and refinancing. “It’s the perfect time to to refinance or pick up that vacation property you’ve had your eye on,” says Ferrara. With real estate prices and interest rates at their lowest levels in years, the market is looking better than it has in years for home owners and investors who have access to loans.
Ferrara works for MetLife, which offers a range of Jumbo loans up to $2 million. He said, “The MetLife Jumbo loans offer many features to fit various loan needs. You’ll also enjoy lasting peace of mind when you work with a lender whose name you know and trust.”
These loans provide great opportunities for larger loans. MetLife loans feature:
- Fixed and adjustable-rate mortgages ARMs
- Up to $1.5 million for second/vacation homes
- Interest-only payment options for ARMs
- Financing for new construction
- Debt-to-income DTI ratios up to 40-45%
Contact Mortgage Consultant Remigio Ferrara for more information at 703-622-6999 or email him directly at RFerrara1@MetLife.com for a free loan consultation. Don’t wait. Great real estate opportunities open up every day in this economy.
*Monthly payments will increase after the initial interest-only payment period ends. All loans subject to approval. Certain conditions and fees apply. Mortgage financing provided by MetLife Home Loans, a division pf MetLife Bank, N.A. Equal housing lender.
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This is great news if people can actually qualify. The problem in the recent past is that no one is able to qualify. Hopefully this marks a turning point in the marketplace