2 Real Life Examples

I just wanted to share 2 real life examples of how much you and/or your clients can save with Iron Mortgage’s new partner.

1. Buyer SAVED $155 per month.

  • NO Points!
  • NO Additional Upfront Fees
  • 725 Credit Score
  • 50% Down Payment
  • $270,000 Loan Amount
  • 30 Year Fixed @ 6.125%

PLEASE NOTE…  Saving is based off of today’s 7.01% national average for a 30 year fixed rate mortgage. July 9, 2024

2. Re-Fi SAVED $435 per month.

  • NO Points
  • $525 Up Front (Appraisal)
  • 790 Credit Score
  • 75% Loan to Value
  • $400,000 Loan Amount
  • Original Rate was 7.8%
  • 30 Year Fixed @ 6.125%

PLEASE NOTE… This loan will close in August and the homeowners first payment won’t be due till October 1st.

Q:  How is this possible?

A:  IRON Mortgage has a new lending partner. Both IRON Mortgage and our new partner have agreed to make less money on these loans and pass the saving on to you and your clients.

FYI… We now have a cash out re-fi up to 95% loan to value.

This is a perfect reason to call EVERYONE you know.

Ask if they would be interested in a re-fi.

Ask if they have any real estate plans in the next 18 months.

If you have any questions for Clark, please feel free to contact him anytime.

CLARK SEXTON

734 . 564 . 3530

clark@iron.mortgage

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Frequently Asked Questions

  • What is a gift of equity?

    Today I asked Clark Sexton with IRON Mortgage to answer the following questions.

    1. What is a gift of equity?​

    2. Who is eligible for a gift? ​

    3. Can a FHA or VA buyer receive a gift?​

    4. Are there any tax implications?

    Every situation is different, so if you’d like more information, please feel free to contact Clark any time.

    He is an absolute wealth of knowledge and experience.

    CLARK SEXTON

    734 . 564 . 3530

    clark@iron.mortgage