Top Flite Financial, Inc Philadelphia

Happy Birthday to one of our Loan Officers who is happy to help you with any questions to get you started on your new home loan! Happy Birthday Tom! We wish you the best!

Happy Easter! - Top Flite Can’t wait to be your #1 Home Loan company as you choose your right home #eastersunday #sunday #apriloffers #offerings #mayclosings #topflitefinancial

Our Team is one of the Top Work Places in 2021. Call us today to become apart of our team!

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Jump into Spring by jumping into your new home loan with Top Flite Financial! https://www.topflitefinancial.com/

On Wednesday, August 12, Freddie Mac (FHLMC) and Fannie Mae (FNMA) announced a 50 basis point "tax" on consumers in the form of an Adverse Market Refinance Fee effective September 1, 2020. This recent announcement by the GSEs reflects their total disregard for a homeowner's ability to take advantage of historically low interest rates in order to reduce their monthly mortgage payments while dealing with this pandemic.. Sadly, it is obvious that the GSEs are applying this l...oan level pricing adjustment (LLPA) on consumers refinancing their mortgage in order to help them increase their financial reserves prior to being released from government conservative control. Building the reserves of the GSEs should not be done on the backs of hard working Americans trying to save money to provide relief for their housing costs. Adding this .50% adjustment to all refinancing harms the economy and our economic recovery - the exact opposite of what other government entities such as the White House, Congress, Federal Reserve Board are supposed to be doing to support the real estate market. Even worse, refinancing takes longer to be approved than other loans. Most lenders do not allow the consumer to lock a loan until the loan is approved. The September 1 effective date means that this new fee start date is NOW! This is not acceptable! FAMP is asking all loan originators to fight for the reversal of this new GSE loan tax on homeowners!

This is a much watch

Initial Jobless Claims showed that there were 211,000 individuals who filed for unemployment benefits for the first time last week. This was 4,000 lower than the previous report and at a strong level. Remember that unlike many other reports, the lower the number the better here, as it shows less people are being laid off and filing for benefits.

Rest in Peace Legend

We have been trying to help as many clients as possible understand if a refinance is worth it for them. We notice that our wealthiest clients move quickly to save even fractional amounts of money on a refi ($80-200 month), while our less wealthy clients overthink it and sometimes pass on the opportunity. Do you think this is why those clients are wealthy? Do you have a wealthy or not wealthy mindset?

Happy Thanksgiving to you and your family!