Shows / Buying Florida
Buying Florida
Didier Malagies is a leader in the Tampa Bay Mortgage industry, serving Pinellas, Pasco, Hillsborough counties, and beyond with his sights set on educating residential and commercial buyers regarding Florida purchases. With over 20 years of expertise, Didier has built relationships with realtors, bankers, and clients based on integrity and his drive to provide the best customer experience in the state by being there from beginning to end of every purchase.
Whether you're looking to move…
Episodes
- Buying Florida
Finally no more calls due to the Trigger list being put to a stop
Excited to share a major update that will make the homebuying process more secure and less stressful. President Donald Trump recently signed the Homebuyers…
- Buying Florida
When is it a good time to refinance your mortgage
Good question — refinancing can be a smart move, but the timing really matters. The "right time" to refinance your mortgage depends on a mix of personal and…
- Buying Florida
AI to AI on mortgages, tune in and learn the future
1. Getting Leads from AI AI can help you find and qualify homeowners who may be interested in a second mortgage (home equity loan or HELOC). Common approaches…
- Buying Florida
When the Fed says they are dropping rates next month, what is really happening today
Great question. Markets don’t usually wait until the Fed actually cuts rates to react — they move in advance, based on expectations. Here’s how it works…
- Buying Florida
Shop your homeowners insurance annually, let me tell you my experience
Yes — shopping for your homeowners' insurance annually is generally a smart move. Here’s why: 1. Rates change more than you think. Insurance companies…
- Buying Florida
1% down program , tune in and see if you qualify
Program Overview Borrower Contribution: You pay 1% of the purchase price as the down payment. Lender provides a 2% grant, bringing your total to 3% down, which…
- Buying Florida
Now the 40 year interest fixed for the first 10 years
A 40-year interest-only fixed for 10 years mortgage is a specialized loan product with the following structure: 🔹 Loan Term: 40 Years Total length of the…
- Buying Florida
watch the 10 year treasury and you will see what interest rates do
When the 10-year Treasury yield goes down, it generally signals lower interest rates and increased demand for safe-haven assets like U.S. government bonds…
- Buying Florida
Mixed Use and Multi Family
Key Characteristics of a Mixed-Use Property: Feature Description Use Types Typically includes residential, commercial, retail, office, and sometimes…
- Buying Florida
What really happens when the Fed drops the rates?
Businesses can borrow more cheaply to invest in growth. 💸 2. Consumer Spending Increases Since borrowing is cheaper and savings earn less interest, people are…
- Buying Florida
What about all the disclosures I get during the loan process
During the mortgage process, several disclosure documents are provided to help you understand the terms of the loan, your rights, and the costs involved. These…
- Buying Florida
Buying a home and keeping your present home
Buying a new home while keeping your current one can be a smart investment strategy—but it does come with financial challenges, especially when it comes to…
- Buying Florida
How does a specific power of attorney work with a mortgage closing
A Specific Power of Attorney (POA) for a mortgage closing is a legal document that allows one person (the principal) to authorize another person (the agent or…
- Buying Florida
AI and Second Mortgages
Here’s a simple and clear breakdown of how AI is making second mortgages easier for homeowners and lenders alike: 🔍 What Is a Second Mortgage? A second…
- Buying Florida
What mortgage programs do we offer
We offer 2nd mortgages on primary, secondary, and investment properties we do purchases or refinances on Conventional, FHA, VA, and Non- Qm mortgages, We do…
- Buying Florida
Buying a home and keeping your present home
Buying a new home while keeping your current one can be a smart investment strategy—but it does come with financial challenges, especially when it comes to…
- Buying Florida
What else should I know about buying a condo
Buying a condo is different from purchasing a single-family home, and it's important to understand the unique considerations involved. Here’s a comprehensive…
- Buying Florida
With Tariffs and bad auctions should I lock in my interest rate?
Locking in your interest rate can be a smart move under the right circumstances—especially when there's economic uncertainty, like tariffs, geopolitical…
- Buying Florida
Where do I do Mortgages?
I do Residential Mortgages in the State of Florida only, that is where I am licensed. Most of my business is from Pinellas, Hillsborough, and Pasco County. I…
- Buying Florida
How to choose a mortgage broker when buying or refinancing
When choosing a mortgage lender, it's important to carefully compare several key factors to ensure you get the best deal and the right fit for your financial…
- Buying Florida
How does a Bridge loan work
A bridge loan is a short-term loan used to "bridge the gap" between buying a new home and selling your current one. It's typically used by homebuyers who need…
- Buying Florida
Different options on getting cashout on your investment property
How it works: Short-term, high-interest loan based on property value, not personal credit. Pros: Fast funding (days instead of weeks). Less strict…
- Buying Florida
Don't use all your funds to close on your mortgage, keep some money on the side
When you're buying a home, it's not just about affording the purchase price or down payment. You’ve got closing costs, moving expenses, and all the “surprise”…
- Buying Florida
Frequently asked questions regarding job history and funds to close on a mortgage
Are you a salaried employee, hourly, self-employed, or a contractor? Do you receive bonuses, commissions, or overtime? How consistent is that income? Can you…
- Buying Florida
Rates! Rates! Rates! is it time to refinance your mortgage
With the recent dip in mortgage rates, you might be contemplating whether refinancing your mortgage is a prudent move. Currently, the average U.S. rate for a…
- Buying Florida
Which loan product is better for you if you have lower credit scores when buying a home
1. FHA Loan (Federal Housing Administration Loan) Credit Score Requirement: As low as 500 (with 10% down) or 580+ (with 3.5% down). Best For: First-time…
- Buying Florida
Where are interest rates today and what do you think will happen
As of March 24, 2025, the Federal Reserve has maintained the federal funds rate at a target range of 4.25% to 4.50%. This decision reflects the central bank's…
- Buying Florida
Warrantable and Non-Warrantable Condos
The difference between warrantable and non-warrantable condos primarily relates to whether a condominium project meets the eligibility requirements set by…
- Buying Florida
What is happening with Ai and mortgage origination
AI is transforming the mortgage industry in several ways, making processes faster, more efficient, and more customer-friendly. Here are some key impacts: 1…
- Buying Florida
What is a Reverse Mortgage
A reverse mortgage is a type of loan available to homeowners aged 62 and older that allows them to convert part of their home equity into cash. Unlike a…
- Buying Florida
What are all the disclosures that come to you during the loan process
When you apply for a loan, you receive several important disclosures that outline key terms, costs, and your rights as a borrower. These disclosures are…
- Buying Florida
Using rental income only to qualify for a mortgage
A DSCR loan (Debt-Service Coverage Ratio loan) is a type of real estate investment loan primarily used for income-producing properties. It evaluates a…
- Buying Florida
Offering second mortgages on primary, secondary and invrstment properties
A second mortgage is a loan taken out against a property that already has an existing mortgage. It allows homeowners to tap into their home equity, which is…
- Buying Florida
How to increase your credit score with a rapid rescore
A rapid rescore is a service offered by lenders to quickly update your credit report with the latest information, potentially improving your credit score in a…
- Buying Florida
10% down and possible to get an appraisal waiver
An appraisal waiver with Fannie Mae (FNMA) is part of their Desktop Underwriter® (DU®) system. It allows eligible borrowers to bypass the need for a…
- Buying Florida
Isn't it time to get prequalfied for a mortgage
1. Assess Your Financial Health Credit Score: Check your credit score (usually 620 or higher is required, though higher scores get better rates)…
- Buying Florida
Is it the right time to buy now
Down Payment & Savings: A larger down payment can reduce your loan size and help lower the impact of higher interest rates. If you have substantial savings, it…
- Buying Florida
Eliminate your home sales contingency?
What if you had access to a solution that allows your clients to eliminate their home sales contingency? They could make non-contingent or cash offers on a new…
- Buying Florida
working with small businesses is so important and when it comes from a realtor, that is key
Working with small businesses in your community is a great way to build local relationships, foster economic growth, and contribute to the development of the…
- Buying Florida
Are you having diffuclty qualifying for a mortgage, let me help
To structure your loan effectively and qualify for a mortgage, there are several steps you can take to improve your financial situation and increase the…
- Buying Florida
Not all questions are being answered on the condo questionnaire which is creating a major problem
A condo questionnaire is a critical document that lenders use during the mortgage approval process for condominium purchases. It provides detailed information…
- Buying Florida
Which is better to close in December or January for the property taxes
Closing in December: Tax Deduction for Current Year: If you close in December, you may be able to deduct property taxes and mortgage interest on your current…
- Buying Florida
What is my prediction for interest rates in 2025
Predicting interest rate movements in 2025 depends on various economic factors, including inflation, employment trends, central bank policies, and global…
- Buying Florida
WE can close your loan in December
We can close your loan in December, we need just a min of 2 weeks and we all work together loan application taken appraisal ordered documents uploaded, title…
- Buying Florida
what happens with lower appraised values on FHA, Conventional, and
When a property appraisal comes in lower than the agreed-upon purchase price, it can complicate financing for the buyer. Here's what typically happens for FHA…
- Buying Florida
Small Business Emergency Bridge Loan
The Florida Small Business Emergency Bridge Loan Program is a state-funded short-term loan program that provides immediate, temporary assistance to small…
- Buying Florida
1% down to purchase a home with the lender giving you 2% down, tune in
Lender's 1% Down Payment program is designed to make homeownership more accessible for eligible first-time buyers by lowering the upfront costs typically…
- Buying Florida
No money down on a home if your present home has been affected by the hurricane
The FHA 203(h) program is a Federal Housing Administration (FHA) loan specifically designed to help people affected by natural disasters, like hurricanes…
- Buying Florida
Now able to provide second mortgages on investment properties
A second mortgage for an investment property is a loan taken against the equity in a property you already own, specifically one that is not your primary…
- Buying Florida
What steps need to be taken after a hurricane in order to close on your mortgage
After a hurricane, the process of closing on a mortgage may be impacted due to potential damage to the property or delays caused by the storm's aftermath. Here…
- Buying Florida
Why are interest rates going up
The Federal Reserve influences interest rates in the economy, but its actions may not always align with the actual rates individuals or businesses experience…
- Buying Florida
Purchase flood insurance even if you are not in a flood zone
Purchasing flood insurance, even if you're not in a designated flood zone, can be a wise decision for several reasons: 1. Floods Can Happen Anywhere Floods are…
- Buying Florida
Fed cut rates, what happened?
When the Federal Reserve (Fed) cuts interest rates, it is usually intended to stimulate economic activity. Here's what typically happens when the Fed lowers…
- Buying Florida
What is up with Interest Rates?
Following the 10-year treasury yield, it has gone from 4.9 down to 3.64, the market is ahead of the Fed in anticipating a rate cut this month, so the drop in…
- Buying Florida
Pros and Cons of an FHA Mortgage
An FHA (Federal Housing Administration) mortgage is a popular home loan option, especially for first-time homebuyers or those with limited down payment funds…
- Buying Florida
2/1 buydown where the lender pays the difference in interest for the 2 years and not the seller
First-time Homebuyers are able to purchase a home with a 2/1 Buydown at the wholesale lender's expense. If you purchase a home and the interest rate is say…
- Buying Florida
Now offering Helocs on Primary, Secondary, and INVESTMENT PROPERTIES
I have Helocs on primary, secondary, and now Investment properties. How exciting to tap into the equity on your investment property without having to refinance…
- Buying Florida
What happens after the rates come down
We know when the interest rates drop the following will happen 1. refinancing to a lower rate 2. consolidating debt into one lower payment 3. First-time home…
- Buying Florida
When do you think Interest rates will really come down?
The Government is printing 1 trillion every 100 days, we are over 35 trillion in debt today, and we are spending 1/3 of the debt is interest payments of total…
- Buying Florida
You are not in a flood zone, not a bad idea to get Flood Insurance
Whether to get flood insurance outside of a designated flood zone depends on various factors, including your location, property value, risk tolerance, and…