Meet Lisette Cunningham
(954) 292-6629
Lisette@hammsteam.com
NMLS # 2167565
with Gold Coast Mortgages
NMLS #2167565
Lisette Cunningham stands as a beacon of excellence in the realm of real estate, serving as a dynamic mortgage loan originator with Gold Coast Mortgage. With over two decades of unwavering dedication and expertise, Lisette is renowned for transforming clients' real estate dreams into tangible realities across southern Florida and beyond. Partnering with her esteemed Realtor®️ husband, Willie Cunningham, they unite to form The Hamm$ Team, an emblem of unparalleled service and transparent communication throughout every transaction. Lisette and Willie are steadfast in their commitment to cultivating lasting relationships, nurturing customer loyalty, and providing an array of opportunities for wealth generation through strategic real estate investments.
MORTGAGE HELP
Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.
Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.
Property Tax Rate
The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.
Home Insurance
Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.
HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.
What are your goals?
Would you like to purchase a new home or investment property?
Or maybe you have home improvement projects to get started and have equity in your home that you can use to get these projects done?
Either Way, We Can Help!
MORTGAGE CALCULATOR
✅Build Equity
✅Raise a Family
✅Stabilize Your Housing Costs
✅Be Proud of Where You Live
The BUY NOW Plan!
Buying now presents an opportune moment in the real estate market. Right now, purchasing a property offers significant financial advantages. Firstly, locking in your mortgage rate ensures substantial long-term savings on interest payments. In the event that rates rise in the future, homeowners stand to benefit by being shielded from higher borrowing costs.
Additionally, in the event that interst rates drop, homeowners have the option to refinance their mortgage, capitalizing on even lower rates and potentially reducing monthly fees!
I am here to service all of your home financing needs.
