Linet Molina - NMLS 2514297

06/01/2025

02/01/2025

Soft Pull: Used for pre-qualification or credit checks; no impact on your score (e.g., personal credit checks or pre-approvals).
Hard Pull: Done for formal loan applications; may slightly lower your score (e.g., mortgages or new credit cards).
Tip: Ask for soft pulls when shopping for loans!

01/01/2025

🎉✨ **Happy New Year!** ✨🎉

As we step into a new year filled with opportunities and fresh beginnings, I want to thank my clients, colleagues, and community for an incredible journey so far. Here's to achieving your goals, making dreams a reality, and celebrating success together in 2024!

If homeownership is part of your New Year's resolution, I’m here to guide you every step of the way. Let’s make it happen this year! 🏡💼

Wishing you a year full of happiness, health, and success. Cheers to 2024 and all that's new in 2025! 🥂🎊

31/12/2024

Helping you navigate the mortgage process with ease—providing personalized solutions and expert guidance to make your homeownership dreams a reality!

31/12/2024

Scenario:

A borrower wants to buy a home priced at $400,000.
They have a down payment of $80,000.
Step 1: Calculate the loan amount.
$400,000 (home price) - $80,000 (down payment) = $320,000 (loan amount).

Step 2: Calculate the LTV.

LTV
=
(
Loan Amount
Home Price
)
×
100
LTV=(
Home Price
Loan Amount
​
)×100
LTV
=
(
320
,
000
400
,
000
)
×
100
=
80
%
LTV=(
400,000
320,000
​
)×100=80%
Conclusion: The LTV is 80%, meaning the borrower is financing 80% of the home’s value with the loan and covering 20% with their down payment.

30/12/2024

The famous "Home Alone" house, located in Winnetka, Illinois, was listed in 2011 for $2.4 million and sold in 2012 for $1.585 million. Using rough estimates, if someone financed the home today with a 20% down payment and a 30-year fixed mortgage at a 7% interest rate, the monthly payment (including taxes and insurance) would be around $9,000–$10,000. However, the actual cost depends on market rates, taxes, and other factors.

28/12/2024

Since moving back, we go walk around the beach and then watch christmas movies with a living room sleepover.

26/12/2024

"May your Kwanzaa celebration be filled with unity, joy, and the warmth of family and community. Wishing you peace, prosperity, and light during this special time!"

25/12/2024

"May your Hanukkah be filled with light, love, and blessings. Wishing you eight days of joy and a season of peace and happiness!"

25/12/2024

"May your holiday season be filled with joy, laughter, and cherished moments with loved ones. Wishing you a Merry Christmas and a prosperous New Year!"

23/12/2024

Peppermint, Hot Chocolate, Elves, Ice Skating, Receiving Gifts, Holiday Movies