With so many loan options for low down payments popping up, why oh why would my mortgage professional tell me to put 20% down?! Firstly, have you heard of PMI? It stands for Private Mortgage Insurance, and you have to have it if you’re purchasing a home with less than 20% down. Simply put, lenders see borrowers as a bigger risk if they have less than 20% equity in their home. Beyond saving money on your PMI, when you put more money down, you’re borrowing less money, and will pay less interest over the life of your loan. Now, all that being said, at Mortgage Specialists we realize that not everyone has that kind of cash available. We are always ready to help find the best financial solution for you and your unique position.
Brent Rasmussen, the owner of Mortgage Specialists, is sole Mortgage Loan Originator in the United States to hold all 5 lending certifications (CRMS, CMC, CDLP, CVLS, CMA), distinguishing him as one of the most highly qualified experts in the field of home lending.
Having acquired decades of experience in mortgage lending, Brent is adept at educating his clients on the various mortgage options available, treating it as an investment and saving them both time and money. His objective is to simplify the process and make it stress-free, and he takes pride in his unwavering commitment to excellence.
Brent places great importance on education in mortgage lending. For the past 20 years, he has been licensed to instruct continuing education courses for both REALTORS® and Mortgage Loan Originators locally and nationally. In addition, he works as an adjunct instructor at the University of Nebraska at Omaha and owns MORE Education, LLC.
Brent has served as the President of several organizations, non-profits, and boards within his local community and nationally, demonstrating his commitment to making a positive impact.