Nassau County | Conventional 30-Year Fixed At LJ Mortgage Team Inc. , transparency matters. Every successful closing tells a story and this one is a great example of how strong financial structure, smart planning, and clear communication lead to smooth results. Below is a real closed file from New Hyde Park, NY , broken down so buyers and homeowners can see what a completed loan actually looks like at the closing table. 🏡 Property & Loan Snapshot Purchase Price:  $825,000 Do

A clear example of what a strong, well-prepared mortgage file looks like and how it leads to a smooth, stress-free approval. 🏠 The Property & Purchase Snapshot 📍 Location:  East Meadow, Nassau County 💰 Purchase Price:  $815,000 🔻 Down payment:  30% ($244,500) 🏦 Loan Amount:  $570,500 📄 Loan Type:   Conventional Elite 30-Year Fixed This buyer came in strong with a substantial down payment, excellent credit, and clean financials giving them access to a competitive intere

Another successful closing in the Sunshine State! Our client secured a beautiful Florida property using a Non-QM loan the perfect solution for borrowers who may not fit traditional lending guidelines but are financially strong. Let’s break down this winning deal: 📊 Loan Snapshot 💰 Purchase Price:  $507,000 🏦 Loan Amount:  $405,600 📈 Interest Rate:  6.49% (Fixed) 💵 Principal & Interest:  $2,561.00 📑 Estimated Escrow:  $1,232

Helping Self-Employed Buyers Achieve Homeownership in Nassau County Today’s file review is a perfect example of how flexible lending options can open doors for business owners who don’t fit traditional mortgage guidelines. This Franklin Square home purchase showcases how a Non-QM 24-Month Bank Statement Loan  can make homeownership possible without W2s or tax returns. 📍 Property & Loan Snapshot Location:  Franklin Square, NY (Nassau County) Purchase Pric

Every mortgage file tells a story and this Michigan family’s approval proves that with the right structure, the right strategy, and the right team, homeownership is possible , even when the numbers look challenging at first glance. 📌 Loan Snapshot 💰 Property Value:  $608,000 🔻 Down payment:  20% 📉 Monthly Liabilities:  $3,065 📊 Credit Score:  650 👨‍👩‍👧 Household Income:  $161,000 🏡 Property Taxes:  $10,000 📈 Interest Rate:  7.37% 💵 Monthly P&

At LJ Mortgage Team Inc. , we love celebrating real success stories from hardworking clients across the country. This recent closing in Indiana  proves that being self-employed doesn’t have to stand in the way of homeownership! 💼 Loan Snapshot Loan Type:  Non-QM 1099 Bank Statement Loan Purchase Price:  $410,000 Down Payment:  25% Loan Amount:  $307,500 Credit Score:  740 Income:  $92,626 (verified through 24 months of bank statements) I

Buying a home in Queens? You’re going to hear a lot  of new terms at closing—and two of the most confusing are Title Insurance  and Homeowners Insurance . Even though both are essential parts of a smooth purchase, they protect you from totally different  risks. Here’s the breakdown every first-time buyer should know. 👇 ✅ What Is Title Insurance? Title insurance protects you from past problems  with the property’s ownership—issues that happened before  you b

If you’re thinking about buying a home, understanding your credit score is key. Different loans have different requirements: FHA Loans:  580+ Conventional Loans:  620+ No Income Check / Jumbo Loans:  700+ The good news? There are actionable steps you can take to help your score climb ⬆️ and improve your chances of mortgage approval. 5 Ways to Grow Your Credit Score Cut Utilization Keep each credit card’s balance between 10–30% of your limit. Pay down balances b

If you’re wondering whether now is the right time to refinance your mortgage, you’re not alone. Many homeowners are exploring refi options to lower monthly payments, reduce interest costs, or tap into savings opportunities especially with tools like a CEMA refinance , which can significantly reduce upfront expenses for New York borrowers. ✅ When a Refinance Makes Sense If your current mortgage rate is higher , a refinance could lower both your monthly payment   and  

Yesterday, the Federal Reserve announced a 0.25% rate cut , aiming to ease borrowing conditions and support economic growth. But if you were expecting mortgage rates to drop right along with it, you might’ve been surprised because mortgage rates actually went up. Confused? Let’s break down what’s really happening behind the headlines. 👇 💡 The Real Reason: Mortgage Rates Follow Bonds — Not the Fed Directly While the Fed’s benchmark rate affects short-term lending (l

This latest LJ Mortgage Team Inc.  closing highlights the power of strategic investing and smart financing! 💼 Investor Purchase:  Single-family property (to be converted to 2-family) 💰 Purchase Price:  $700,000 | Down payment:  30% 👥 Borrowers:  2 | Credit Score:  689 💵 Household Income:  $353,949 | Business Owners 📉 Monthly Liabilities:  $47K 📑 Property Taxes:  $5,327 | HOI:  $2,015 📈 Interest Rate:  6.75% 💳 P&I Payment:  $3,178.13/month ⚠️ Prepayment Penalty (PPP):

Before you start shopping for your dream home, it’s important to know exactly what you can afford. Understanding your numbers upfront means fewer surprises later and a smoother home-buying experience. Here’s a real example straight from our in-house affordability tools: 💰 Scenario 1: Sample Home Purchase • Home Price:  $600,000 • Down Payment:  $60,000 (10%) • Loan Amount:  $540,000 • Interest Rate:  6.19% • Term:  30 Years • Estimated Monthly Payment:   $4,228.83 That month

Another successful closing for the LJ Mortgage Team! Our client just secured their dream home in Franklin Square, NY , and we couldn’t be happier to be part of the journey. View Full Video at: https://www.instagram.com/reel/DQMhtfWji-0/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA== 💰 Property Sold Price:  $850,000 🛏️ 4 Bedrooms | 2 Bathrooms 📈 Interest Rate:  6.99% 💵 Closing Costs:  $36,313 (~4.27% of the sale price) Here’s how the numbers break down for this beauti

Success Story Spotlight! ✨ Even with just 5% down , our client a hardworking Staff Nurse   achieved her dream of becoming a homeowner in the Bronx!  🙌 Here’s how the numbers came together : 💰 Purchase Price:  $757,000 🏦 Down payment:  5% 📊 Credit Score:  740 👩‍⚕️ Occupation:  Staff Nurse 💵 Household Income:  $141,000 📉 Monthly Liabilities:  $451 📑 Property Taxes:  $5,372 🏠 Homeowners Insurance (HOI):  $1,936 💰 Closing Costs:  $29,000 (~3.83% of purchase price) 📈 In

Another successful closing by the LJ Mortgage Team! 📍 Property Details Location:  Yonkers, NY Type:  2-Family Property Bedrooms/Bathrooms:  6 Beds | 3 Baths Purchase Price:  $795,000 Down payment:  20% Credit Score:  761 Interest Rate:  6.49% Monthly Payment (P&I):  $4,015 Escrow:  $967 Closing Costs:  $39,932 (~5.02% of purchase price) 💼 Loan Program Non-QM 1099 Loan

Another successful closing for the LJ Mortgage Team  — helping investors make smart moves in the real estate market! 📍 Property Location:  Indiana 💰 Property Value:  $280,000 🔑 Down payment (20%):  $56,000 📑 Closing Costs:  $13,688.58 (~4.89% of purchase price) 📈 Interest Rate:  6.375% 💵 Monthly Payment (with Escrow):  $1,839.33 📊 Loan Type:  DSCR – Investment Property 📉 Credit Score:  740 🏠 Property Taxes:  $3,759 | HOI:  $1,543

Another success story from the LJ Mortgage Team  — turning homeownership dreams into reality right here in Jamaica, Queens!  🏡 Here’s how we helped this family secure their new home with confidence, even with a mid-600 credit score 👇 📍 Property Location:  Jamaica, Queens, NY 🏡 Purchase Price:  $775,000 💰 Down payment:  10% 👥 Two Borrowers  | Credit Score:  678 📊 Household Income:  $140,000 📉 Monthly Liabilities:  $5,614 📑 Property Taxes:  $5,757/year | Homeowne

At LJ Mortgage Team Inc. , we’re proud to help clients secure financing for homes that not only provide a place to live but also create opportunities for long-term financial growth. One of our recent closings was a 2-family home in Yonkers, NY   the perfect example of how real estate can be both a home and an investment. 🏡 Property Snapshot Property Value:  $650,000 Property Type:  2-Family Home Bedrooms/Bathrooms:  6 Beds | 2 Baths

At LJ Mortgage Team Inc ., we’re proud to celebrate every successful closing and this Brooklyn home purchase is a perfect example of how we help hardworking professionals achieve homeownership. ✅ The Deal at a Glance Property Value:  $845,000 Down Payment:  20% Beds/Baths:  5 Beds | 3 Baths Closing Costs:  $33,000 📊 Borrower Profile Credit Score:  740 Household Income:  $136,000 Occupation:  Registered Nurse 👩‍⚕️ Monthly Debt:  Only $190 🏠 Property Expenses Annual Property

At LJ Mortgage Team, every closed loan tells a story and this one highlights the power of DSCR Loans  for real estate investors. 📍 The Deal: Bellerose Investment Property Loan Type:  DSCR (Debt Service Coverage Ratio) Loan Property Value:  $905,000 Down Payment:  $226,250 (25%) Credit Score:  724 Property Taxes:  $14,795 HOI (Homeowners Insurance):  $2,353 Rental Income:  $5,500 Monthly Mortgage (Including Taxes & Insurance):  $5,940 DSCR Ratio:  0.