Cari DeCandia's Blog

Raleigh, North Carolina-07/15/2009-DNJ Mortgage today announced that Cari DeCandia has earned the Lending Integrity Seal of Approval from the National Association of Mortgage Brokers (NAMB). The new seal recognizes individual brokers and loan officers who meet the industry's highest standards for...

Please read the blog titled "What is a temporary buydown and why is it beneficial?" to get a better understanding of the buydown product prior to reading this entry. With DNJ Mortgage's temporary buydown products, we are prepaying the difference in interest between the note rate and the interest ...

There are two types of buydown programs: temporary and permanent.  A permanent buydown is where the borrower or seller pays discount points to the lender to have a lower interest rate for the term of the loan.  Often a permanent buydown does not make financial sense due to the amount of time need...