What moved, and what to tell your buyer.
A government bond benchmark, not a mortgage quote. Source: U.S. Treasury.
Seven counties. Who has the leverage?
Colored by months of inventory. Under six months favors sellers; past nine, buyers can negotiate. Tap a county for its numbers and neighborhoods.
The four things that kill coastal deals late.
Run the address before you write the offer. Flood zone from FEMA, windstorm area from TWIA, USDA eligibility from USDA's own map, and where to check a condo's approval.
Checked live against FEMA, USDA and TWIA.
Same seller dollars. Three very different payments.
A seller-paid 2-1 buydown drops the buyer's rate 2% in year one and 1% in year two. Put the price in, or run an address in Deal check and it fills itself, then see what the same concession does as a price cut or as a permanent rate buydown.
Principal and interest only; taxes, insurance, HOA and mortgage insurance are added on top. The rate shown is Freddie Mac's published weekly national average for a 30-year fixed conventional loan, used for illustration, and is not a rate Jon or Primis is offering; your buyer's rate and APR depend on credit, loan type, down payment and the day they lock. The buyer qualifies at the full note rate. A temporary buydown is funded by the seller at closing and held in escrow; the permanent-buydown figure uses a rule of thumb of about 0.25% per discount point and varies by day and lender. Seller concessions are capped by loan program (conventional 3% to 9% depending on down payment; FHA 6%; VA 4% plus normal closing costs; USDA 6%). Not a commitment to lend.
Property review
Which programs fit your buyer?
Answer five questions. You'll see which state programs your buyer likely qualifies for and why. Jon confirms eligibility on every file.
The files the builder's lender sends back.
If Jon takes the file, he closes it. One-off transaction types and non-QM are the only exceptions, and you'll hear that up front.
Hand Jon the buyer. Keep your evening.
What happens after you send it
- Jon calls the buyer, usually the same day.
- You get a text at every milestone: pre-approval, appraisal, clear-to-close.
- Clear-to-close averages 16 business days from application.
Realtor desk. Payment illustrations, property guides and the event calendar for approved agents.
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