Eneris Lezcano MLO

Tuesday Tips 💡

The most common question I am asked as a mortgage broker from clients: Will my credit need to be pulled with each lender you work with to obtain an estimate?

The simple answer is, no. We only need to run your credit once to open the door of rate shopping with all of our approved lenders. That credit pull is good for 120 days! ✔️

If within those 4 months you have not closed on your home, your credit report will have expired and at that point would need to be re-pulled.

Questions? Let’s chat 📲

👩🏼‍💻 Eneris Lezcano
📲 561.503.5321
🏦 The Mortgage HUB

ATTN realtors and buyers! 📣

2023 conforming loan limits are out and at The Mortgage HUB, we have lenders honoring these limits effective immediately 🤩💸

New loan limits are listed below:
1 Unit $715,000
2 Units $916,000
3 Units $1,107,000
4 Units $1,376,000

Contact me today talk about the benefits of this increase! 📲

👩🏼‍💻 Eneris Lezcano
📲 561.503.5321
🏦 The Mortgage HUB

Tuesday Tips ✨

DID YOU KNOW:
Rent increased by approx 38% in Miami and by about 20% percent in Orlando in the last year? The chance of your rent payment being higher than your landlords mortgage payment is pretty high 🫣

Having a fixed rate on your future mortgage loan will ensure that your P&I (principal and interest) payment remains the same! No more having to deal with yearly rent increases due to inflationary pressures 😍

Are you ready to stop paying someone else’s mortgage? Let’s get in touch.

👩🏼‍💻 Eneris Lezcano
📲 561.503.5321
🏦 The Mortgage HUB

Tuesday Tips ✨
Here’s a chart of what your monthly mortgage payment could consist of. Also known as your PITI. 💸

Principal - Is the amount you have borrowed and need to pay back.

Interest - This is a percentage charged on your loan by the bank lending you the funds.

*Mortgage insurance - An insurance policy that protects a lender if the borrower defaults on payments.

*Homeowners insurance - Insurance that covers losses and damages to your home and personal property.

*Property taxes - An ad valoren tax assessed on properties by local government.

**There is a possibility to obtain a mortgage loan w/o this being included in your monthly payment.

Questions? Let’s chat ☺️

👩🏼‍💻 Eneris Lezcano
📲 561.503.5321
🏦 The Mortgage HUB