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

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):

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...

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...

At LJ Mortgage Team Inc ., we’re proud to celebrate every successful closing and this Brooklyn home purchase is a perfect example of how...

At LJ Mortgage Team, every closed loan tells a story and this one highlights the power of DSCR Loans  for real estate investors. ...

Another successful closing with the LJ Mortgage Team Inc.! 🎉 This time, we’re celebrating a beautiful property in Jamaica, Queens...

At LJ Mortgage Team Inc. , we’re proud to help hardworking clients from all walks of life achieve their dream of homeownership. This...

Have you ever opened your escrow statement and wondered why your monthly mortgage payment suddenly went up or even down? You’re not...

When applying for a mortgage, one of the most important numbers lenders review is your Debt-to-Income Ratio (DTI) . Simply put, DTI...

At LJ Mortgage Team Inc. , we break it all down so you know where you can save. Buying a home is exciting but let’s be honest, the...

At LJ Mortgage Team , we believe in complete transparency and personalized guidance so our clients can make confident homebuying...

When you're buying a home, it’s easy to feel overwhelmed by the long list of closing costs that show up before you get the keys. But did...

🏡💰 Mortgage Broker vs. Bank—Why Choose LJ Mortgage?  💡 When it comes to home financing, a mortgage broker  gives you more options,...