Palm Beach Mortgage Loans

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Mortgage and Lending - Guild Mortgage - NMLS ID #3274 - NMLSR ID # 644428
Mortgage Banking is ever-changing and I enjoy keeping my referral partners and past clients appraised of all aspects of how to use financing to build wealth. As a CMA (Certified Mortgage Advisor) you can look to me to answer all your questions on how to best finance your real estate holdings. I will show you have to maximize your wealth through acquiring real estate. Michael
RECENT BLOG POSTS
Have you ever worked with a DSCR loan? Do you have any idea how they work? Will they help my clients? When I am asked the questions above I answer the with the following:Yes.Yes.Yes. Those are three of the many questions that I am often asked when this loan program comes up for agents looking for...
10/03/2022
As mortgage rates are surging, we are seeing a pause in most markets.  Those of us that have been through many cycles are now looking for ways to offer rate shocked clients solutions instead of feeding into their fears that buying a home may not be their best option today.  Even though home price...
09/29/2022
You may have heard of a term recently many mortgage lenders are promoting called an Interest Rate Buydown or sometimes referred to simply as a Buydown.  You also may have wondered what is a Buydown and why do I care?  Are you are a listing agent that is not thrilled with the thought of asking you...
09/25/2022
This week we will see a dramatic drop in our national GDP for the 3rd Quarter of 2021.  This will have a large effect on what the Federal Reserve looks at before they start their possible tapering of asset purchases.  If it is well below the estimate below then you could see them holding off a bi...
10/23/2021
There was some breaking news this week from Freddie Mac ( the Government-owned backer of many conventional mortgages ) in regards to what documentation Self Employed Borrowers will now need to provide to a mortgage lender to prove their income is still sufficient to qualify for a mortgage.   As m...
05/31/2020
If you are a hero or know a hero that is looking to buy a home as a first-time buyer there is a great program that you need to know about.  It is a little known program that many mortgage lenders often don't mention at all.  That program is an MCC Tax Credit program and it can be added to many mo...
05/15/2019
Having worked in mortgage lending for over 32 years now, I still find myself becoming very excited whenever I get to bring new ideas to my local Palm Beach County marketplace.  I have recently joined Homes for Heroes as a local mortgage specialist for Jupiter.  Of course since I am licensed for t...
05/05/2019
Have you ever heard of the ability to have someone get an FHA loan and borrow 100% of the appraised value?  If not then perhaps you have not heard of FHA loans with down payment assistance or DAP's as they are called.  FHA allows this if the provider of the downpayment is an approved non-profit. ...
12/23/2017
As we check in on the Purchase Mortgage Market, applications are up just over 1% in the latest reporting period.  As rates trended back down in November you say the purchase mortgage market stay strong even with the inventory of houses shrinking further and further.  I expect that the Black Frida...
11/23/2017
I speak to many investors who see projects that they would love to participate in, but lack the capital to purchase and renovate the property.  Often times, a project for a single family home in a desirable neighborhood in North Palm Beach County will run around $250,000-$350,000. Most homes that...
07/09/2017
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Michael Cantwell

Homes For Wealth
smartphone561-262-5366
local_phone561-262-5366
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