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Know Your Numbers | If You’re Going To Overbid On A Property

Graham Pruitt

Published 8 months ago

Hello, I wanted to get this sample TCA on how "over bidding" on a property could be the trick to get you that property. But, you need to know your numbers and your need a expert Loan Officer who knows how to structure the financing. Example: Sales Price 740K | You want to put 20% Down | You have a 780 middle FICO and you really want to this home. Hurdle: Comps are in the range of 660k to 700K range. Problem: You think you need additional funds to close or have to deal with PMI or even have a payment that becomes to high and unaffordable. Solution: Watch the video below and I'll show you how in the worse case scenario ( overpaid by 80k ) plays out........... Hint: your payment would only go up by $86.00 and cash to close would be less!!

Recent Reviews

Charles A.
Verified

"The amazing service of Mr. Pruitt"

5.0

Kilara C.
Verified

"I was made to feel comfortable all along with the process and my questions were always answered and quickly. Graham and the team were also very flexible with my travel schedule and communication etc."

4.0

Nathaniel S.
Verified

"You entire team, top to bottom, was so helpful in this process and we can't tell you how much we appreciate it. Thank you!!"

5.0

Suchitar L.
Verified

"Very smooth transition with all your team ."

5.0

Suraj S.
Verified

"Right from the application stage to finalizing the loan I have been getting regular updates at each stage of the process. Very courteous and understanding displayed in the whole process."

5.0

Alexa S.
Verified

"My husband and I felt very well-informed throughout the entire process. Everything was explained to us from the very beginning including all necessary steps to expect throughout the process and the status of our application. It was extremely convenient using the app to compete our required tasks, and I never had an issue contacting any member of Graham's team for assistance if I had any questions. All emails were responded to promptly, and Graham's team worked very well with our agent and title company."

5.0

Carmen O.
Verified

"Timely responses yo questions"

4.0

Victoria E.
Verified

"Friendly and great communication, made the processes easy!"

5.0

M K.
Verified

"Thank you for the service and on-going communication, particularly Siham who went beyond the call of duty to meet the deadline. Thank you, Kamel"

5.0

Graham N.
Verified

"quick response to our many questions."

5.0

John H.
Verified

"Met my aggressive schedule and closed without issue."

5.0

Duncan F.

"Graham and his team helped our mutual client qualify with competitive rates and provided World-Class Service!"

5.0

Laura T.

"Responsive, quick, understanding service!"

5.0

Bethany F.

"Graham and team supported us every step of the way! They always made time to answer questions that we had to help make our home purchase decision."

5.0

National Rate Averages

Conf. 30Y Fixed

3.363%
0.006

FHA 30Y Fixed

3.455%
-0.013

Jumbo 30Y Fixed

3.228%
-0.104

Rate averages are calculated from actual locked rates. Learn more.

Affordability Presentations

13 Presentations

Intercoastal Mortgage LLC

Company NMLS# 56323

11325 Random Hills Rd.
Suite 600
Fairfax, VA 22030
  • Equal Housing Opportunity Logo

Company NMLS ID # 56323 (www.nmlsconsumeraccess.org) • This is an advertisement, not a guarantee of lending. • Licensed in Virginia, Maryland,
Washington DC, Delaware, Pennsylvania, West Virginia, Tennessee, Colorado, North Carolina, South Carolina, Georgia and Florida • ICM,LLC 072020

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