Multiply Mortgage

Excited to be part of PeopleTech Partners next cohort of startups to get valuable feedback from People leaders on our unique mortgage benefit!

Almost 6 weeks ago, the Fed cut the interest rates by 50bps yet mortgage rates have increased since then. Why did this happen? Hosts Joe Weisenthal and Tracy Alloway of the Odd Lots podcast are joined by Tom Graff to explain. https://lnkd.in/giDyK7VQ

Our very own Guido Geissler, CFA will be speaking about our experience with raising capital facilities next week.

???Introducing Multiply Mortgage’s Discounted Mortgage Rate Employee Benefit!??? We’re excited to offer companies a no-cost benefit that provides employees with access?to mortgage rates up to 0.75% below retail rates. Our tech-driven solution makes home buying easier, helping your team achieve financial wellness while boosting employee retention. It’s simple to implement and comes at zero cost to your company. Why Partner with Multiply Mortgage? ? ?Zero cost for your company ? ?Boost employee financial wellness ? ?Increase your edge in retention & recruiting ? ?Easy to implement and scalable Interested in learning more? Visit?Multiply Mortgage (https://lnkd.in/g2bs_--q)?to get started! #EmployeeBenefits #MortgageRates #FinancialWellness #Multiply

FED CUTS RATES 50bps Mortgage rates have been trending down in recent months in anticipation of this week's FOMC. However, the first interest rate cut since March 2020 came in higher than anticipated at 50bps (vs 25bps) so we may see a further decrease in mortgage interest rates in the comings days and weeks. Our mortgage advisors are available to assist if you want to learn more about how this could help a new home purchase or refinance.

?? Welcome to the Team, Scott Kagi! ?? We’re thrilled to announce that Scott Kagi has joined our team as our newest Loan Officer! ?? Scott brings a wealth of experience and a passion for helping clients achieve their homeownership dreams. With his deep industry knowledge and dedication to exceptional service, we’re confident he’ll be a fantastic addition to our team. Welcome aboard, Scott! ?????? #NewTeamMember #Welcome #LoanOfficer #MortgageIndustry #TeamGrowth #HomeLoans

?? Team Bonding in Sonoma: Our First Group Outing Together! ?? We recently had an amazing team-building experience in the picturesque Sonoma Valley, where we enjoyed a delightful afternoon of lunch and wine tasting! ???? This was our first time getting the whole team together outside of the office, and it was a fantastic opportunity to connect on a personal level, celebrate our collective achievements, and have some fun. Every moment was filled with laughter, great conversations, and a sense of camaraderie. A special thank you to Farnoush Saffarpour for making this outing memorable. Here’s to more team-building adventures and shared experiences! ???? #TeamBuilding #Sonoma #WineTasting #TeamOuting #WorkCulture #TeamBonding

?? #MortgageMonday Buying Your First Home? Here Are 5 Key Tips from Sara McDonnell, our top producer! ???? Embarking on the journey to homeownership is exciting, but it can also be overwhelming—especially if it’s your first time. To help you navigate this process smoothly, here are five crucial things you should know before applying for a mortgage: 1. Understand Your Credit Score: Your credit score is one of the most important factors lenders consider. Check your score and take steps to improve it if necessary. A higher score may help secure a better interest rate and more favorable loan terms. ???? 2. Know Your Budget: Determine how much you can comfortably afford by calculating your monthly income, expenses, and how much you’re willing to put down as a down payment. The pre-approval process or online calculators can help. ???? 3. Get Pre-Approved: Before you start house hunting, getting pre-approved for a mortgage can give you a clearer picture of how much you can borrow and strengthen your position with sellers. ??? 4. Understand Different Mortgage Types: Familiarize yourself with the different types of mortgages available, such as fixed-rate and adjustable-rate mortgages. Each has its pros and cons and a reputable mortgage provider can help identify what works best for your financial situation. ???? 5. Prepare for Additional Costs: Beyond the down payment, be prepared for other costs such as closing fees, home inspections, and potential repairs. Budget for these additional expenses to avoid surprises. ???? Taking these steps will set you up for a smoother mortgage application process and a successful home purchase. If you have any questions or need personalized advice, feel free to reach out! ???? #FirstTimeHomeBuyer #MortgageEducation #HomeBuyingTips #MortgageAdvice #RealEstate #HomeOwnership

We’re grateful for the kind words from Jonathan N! His positive feedback motivates us to continue delivering exceptional service. ???? "Sara was an absolute pleasure to work with, going above and beyond to proactively ensure every step of the process was handled in an efficient and simple way to get us our loan for our new home in a tight timeline!" #ClientFeedback #MortgageSuccess

Multipliers have been busy with a few recent golf adventures: 1. Boone Heart Institute Charity Fundraiser: ???We were thrilled to support the Boone Heart Institute at their annual golf fundraiser supporting the Every Heart Foundation. It was a fantastic day of golf, camaraderie, and making a meaningful impact on heart health in our community. ?????♂? 2. Financial Planning Association of Colorado Golf Tournament: ???Joining the Financial Planning Association of Colorado for their golf tournament was a great opportunity to network with financial planning professionals. ???? 3. Our FAMP (Florida Association of Mortgage Professionals) Golf Tournament: ???The Florida Association of Mortgage Professionals hosted an exceptional tournament at the Waldorf Astoria Orlando, bringing together mortgage loan officers and other industry leaders. It was a day full of great golf and engaging discussions with peers. ?????♀? A big thank you to all the organizers and participants who made these events special. Looking forward to many more days on the course and opportunities to connect! ?? #BooneHeartInstitute #Charity #CommunitySupport #MortgageIndustry?