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Rates are flat today. Today’s rates with no lender fees are 3.625% APR on a 30 year, 2.875% APR on a 15 year and 2.875% APR on a 10 year. (click here for details)

Considering that it’s hot as HELL outside lately , you’re probably thinking about getting a pool, right? You know – One of those nice in-ground pools with a grotto…maybe a couple of “bunnies”.
Check it out in today’s video:

Now, if you were specifically looking at a USDA loan to grab a house with a sweet ass pool, they might tell to hit the bricks. However, there is a way, my friends. As Dr. Ian Malcolm from Jurassic Park once said, “Life finds a way.”
So today, I’m going to let you in on a little tip that will have you playing Marco Polo and doing a little chicken fighting in no time.
Your lender of choice will need to have the appraiser provide the value of the home AS-IS, with the pool. And, appraise it as if it DIDN’T come with the pool.
As long as the value without the pool supports what you agreed on sales price, and it does more often than not, you should qualify for a USDA pool waiver. That’s it.
With that being said you should consider that before you stick in a $50,000 in ground pool on your existing property. The next buyer might look at your pool as a hazard and NOT a bonus. You should keep that in mind!
And of course it’s Friday! Follow Friday! Check out these 3 crazy Twitter fanatics and show them some Twitter love.
Bert Daniel – Managing Member – Spectrum Enterprises LLC
Philip – MLM and Internet marketing
Ranjan Arora – Realtor®- NBI Realty LLC, Annandale VA
If you thought this was good information or worth discussing, help me bring transparency to mortgage lending by sharing today’s episode on Facebook or Twitter.
Let’s change the way people shop for a mortgage…forever!
– Mike
PS. To ask a question, get advice, or find out if you’re getting the best deal possible on your loan, just post a comment below.

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