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A preliminary mortgage approval is only as good as the company who issues it. Find out why today’s top real estate professionals place their trust in FDM every day to deliver results...Read More

It’s no secret that the key to generational wealth is proper management of your home’s equity. This comes in many different forms, such as refinancing to better your rate and term, OR, unlocking the potential of your home’s equity...Read More

First Time Home Buyers

Let’s Face it! Buying your first home can be challenging and confusing. But know that there is help. There are down payment assistance, loan programs, State/County tax breaks designed around First time Home buyers. Read More

Specialized Lending Solutions [Niche Products]

Sometimes, “off-the-rack” might not fit you. Depending on your specific needs, a specialized mortgage may prove to be the vehicle needed to get you home. Read More

"The WONDER LOAN"

The Link Loan Program was created to help a large percentage of population that have had credit or other challenges that do not fit in Agency Guidelines AND they do not have access to 30 percent or more of purchase price...Read More

Tariff Turmoil!

Apr 14, 2025

The turmoil over the announced United States tariffs on over 75 countries worldwide has sent the markets into a whirlwind.  We have seen the Stock Market and Bond Markets both with a Jekyll and Hyde response. First the Stock Market is up, then it is down, then up and then down. The Bond Market has reacted the same. Yields are up, then yields are down, then yields are up again. The Stock Market and Bond Market do not like uncertainty. Are we entering Trade War? How will other countries respond? How will China respond? Will they increase their current tariffs on U.S. imports?   Are the tariffs inflationary? Will the tariffs push a worldwide recession? Will we enter a period of “stagflation” similar to the late seventies? This uncertainty created the combined market volatility. This volatility has spooked investors and homebuyers alike.

 

Before we panic, we need to remember that tariffs on U.S products creating significant trade imbalances are in place in all of these countries. The U.S. tariffs are “reciprocal” in nature, meaning the United States has placed tariffs on these countries similar to the tariffs on U.S. goods. This is an effort to “balance”  trade.  This will create uncertainty as countries come to the negotiating table with the U.S. This will eventually settle the markets.  If you have money in the Stock Market, do not panic. If you are looking to buy your new home, this is still a great time to buy! Do not let the tariff noise create turmoil in your own finances.

Changes…..Solutions!

On March 26, 2025, HUD issued Mortgagee Letter 2025-9 Revisions to Residency Requirements fundamentally changing the rules for Non-Permanent Resident Aliens access to FHA loans. Basically, after May 25, 2025, Non-Permanent Resident Aliens will no longer be eligible for FHA financing. If you are a Non-Permanent Resident Alien, and are in the United States under certain Visa’s, EAD or TPS Status, you can apply for an FHA loan prior to May 25, 2025. What happens if you cannot act prior to May 25th? FDM has a solution. FDM offers special financing for multiple Visa types and immigration status. The FDM team are experts working with clients with various immigration status. Even if you do not qualify for FHA or Conventional Financing.

If you are unsure of your VISA, TPS or EAD status, please contact your FDM Mortgage Professional today. We can help.