Anthony Fopp MLO

Anthony Fopp MLO

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NewRez debuts 40-year non-QM mortgage product 09/08/2022

This is scary... We're starting to see more products that don't have borrowers best interest and don't align with common financial "best practices" make sure you speak to a professional that isn't incentives to sell you on a particular program 🤦🏻‍♂️

NewRez debuts 40-year non-QM mortgage product With the 40-year IO mortgage, borrowers make interest-only payments for the first 10 years, which NewRez says increases their purchasing power and...

The One Thing Every Homeowner Needs To Know About a Recession 05/19/2022

Many home buyers often catch the common "correlation without causation" cold. Especially when it comes to the housing market. Lets clear some things up today..

A recession does Not Equal a housing crisis, according to history anyways.

https://www.simplifyingthemarket.com/en/2022/05/19/the-one-thing-every-homeowner-needs-to-know-about-a-recession/?a=890798-b2045a0d5440bb466fb2a69d674da1e4

Anthony Fopp, BDR | NMLS # 2361109
Gapital Mortgage, Inc. NMLS # 1553267 | gapital.com
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The One Thing Every Homeowner Needs To Know About a Recession A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value.

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