Shashank Shekhar is a best-selling author and the CEO of Arcus Lending, offering mortgage loans for home purchase and refinance. For a free consultation and/or rate quote, email him at [email protected] or call his office at 1-855-644-LOAN
Buy his best-selling book "My First Home - a Step-by-Step Guide to Achieving the Ultimate American Dream" on Amazon.
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Mortgage rates have now increased in six of the last eight weeks. According to Mortgage Bankers Association (MBA) latest weekly survey, average 30 Year Fixed mortgage rates climbed above 3%. The higher rates resulted in refinance activity falling 11% to its lowest levels since December 2020. The average contract interest rate for 30-year fixed-rate mortgages […]February 27, 2021
Options for mortgage loans for Dreamers have increased. When the Federal Housing Administration (FHA) announced that it would permit individuals protected under the DACA (Deferred Action for Childhood Arrivals) program to apply for FHA mortgages, the dream of homeownership became that much more accessible to countless around the country. FHA-backed mortgages join the list of […]February 17, 2021
In a new move, the Federal Housing Administration (FHA) announced that it will permit individuals protected under the DACA (Deferred Action for Childhood Arrivals) program to apply for mortgages backed by the FHA, effective January 19th, 2021. The FHA permits DACA recipients to apply in a move that reverses the previous stipulation that barred “non-US […]January 27, 2021