Hi  {first_name} 

What’s the Stress Test when we talk about Mortgages?
 
Great Question!
 
It’s really pretty basic, the government decided that it would be a good idea to have you qualify for your mortgage at a higher rate than you will actually be paying.
 
How much more? The short answer is 2% more than you will actually be paying!
 
If the lender will loan you money at 3.39%, you have to qualify for your mortgage at 5.59%.
 
What’s the impact? Another great question!
 
The Stress Test has reduced the amount you can borrow by about 20%!
 
We can talk, but there really isn’t anyway around the Stress Test for buyers, there is some wiggle room for those refinancing there homes and renewing their mortgage, but not much!
 
To discuss the how the Stress Test has impacted your ability to buy a house reply to this email  or use this LINK to book an appointment with me.
 
I look forward to speaking you in the next day or two! Thanks for booking your appointment!
 
Richard
 {email_signature} 









...

To unsubscribe from all future emails {unsubscribe}
To update your contact information please {contact_info_update}

This email is sent to {email} by:
{{CompanyName}} {{Address}}