My AI Assistant — Contact Number: (248) 801-1872
I now have a wonderful Loan Officer Assistant (LOA) — she’s amazing, and you’ve got to hear her sweet voice!
You can call her anytime. She’ll promptly pass your message to me, ensuring your questions or concerns are handled without delay. (Please note: she currently speaks English only.)
She’ll also reach out to you at key moments:
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Around 20 days after closing: to check in on how your loan is working out and your overall satisfaction
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At the 180-day mark: to remind you if it’s a good time to reassess your interest rate
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When interest rates change significantly: to alert you to potential refinancing opportunities
While she won’t replace me, she acts as a “24/7 mini secretary” to keep our communication flowing. Don’t hesitate to give her a call!
A New Way to Close: More Flexible, More Efficient
Virtual closings are becoming increasingly popular with clients. No matter where the borrower is, as long as they have internet access and a device with a camera, they can complete the closing process with ease.
Of course, many clients still prefer to sign documents in person at the title company — it feels more secure and has a sense of ceremony.
To meet different preferences, we now offer a more flexible option: Hybrid Closing. Here's how it works:
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Most documents that do not require notarization are signed online in advance
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You only need to visit the title company to sign the notarized documents,
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Greatly reduces the time spent at the title office
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A read-only version of the closing documents will be sent to you one day before for review
This option comes at no additional cost — it combines the reassurance of in-person signing with the convenience and efficiency of online processing.
When Should You Consider Refinancing?
Many clients ask: "At what interest rate should I consider refinancing?"
In fact, whether it’s the right time to refinance depends on more than just how much the rate has dropped. You’ll also want to consider your full financial picture — including your loan balance, remaining loan term, how long you plan to keep the property, and potential tax implications.
One of the most common types of refinancing is a Rate/Term Refinance, which is not used for cash-out, but rather to:
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Lower your monthly payments and ease financial pressure
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Reduce total interest paid and optimize your loan structure
That’s why it’s important to first clarify your main goal for refinancing.
We recommend using a simple and practical tool — a Loan Amortization Calculator — to quickly compare monthly payments and the breakdown between principal and interest under different rates.
Feel free to reach out to us for a personalized evaluation and plan tailored to your needs.
July Mortgage Rate Trends: High and Volatile as Market Waits
After a downward trend in June, mortgage rates have struggled to maintain momentum in July. Strong economic data and the impact of the “One Big Beautiful ” bill have pushed rates higher. Although the Consumer Price Index released on July 15 met expectations, inflation rose slightly compared to May, sending rates to a near one-month high. Rates have pulled back slightly since then but remain elevated overall.
The next Federal Reserve meeting is scheduled for July 30. While markets widely expect the Fed to hold rates steady, political pressure on the Fed and Chair Powell has sparked speculation that a surprise policy shift could still happen.
Overall, U.S. home prices remain strong, and both buyers and sellers are taking a wait-and-see approach. With the market in a sensitive phase, if you’re planning to buy a home or consider refinancing, now is a good time to prepare — don’t miss your window of opportunity.