You can stay past closing if the buyer agrees in writing, and the terms matter more than the rent. How a post closing possession agreement works, what it costs, and what goes wrong. Pillar Mortgage Group, NMLS #2700076
Termites are not a deal killer here, but a surprise one is. What a wood destroying insect report covers, who ends up paying for treatment, and when to treat before you list. Pillar Mortgage Group, NMLS #2700076
A 40-year refinance in Arizona lowers your payment roughly $150 to $350 a month, but it is Non-QM only, priced 0.50% to 1.25% above 30-year terms, and can add more than $200,000 in lifetime interest. Pillar Mortgage Group, NMLS #2700076
If your Arizona balloon payment is coming due, start the refinance 6 to 9 months early. Balloon notes rarely include a grace period, and the maturity date is a hard deadline. Here is the timeline and your real options. Pillar Mortgage Group, NMLS #2700076
Extending a rate lock on an Arizona refinance runs 0.125 to 0.375 points, about $500 to $1,500 on a $400,000 loan. Letting it expire triggers worst case pricing, which costs far more. Pillar Mortgage Group, NMLS #2700076
A 401k loan lets you borrow up to $50,000 for an Arizona down payment with no tax or penalty, while an early withdrawal usually costs 10% plus income tax. How Phoenix and Scottsdale buyers should decide. Pillar Mortgage Group, NMLS #2700076
Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).