Certified Mortgage Advisor at PRMG Mortgage
Affordability is crucial in today’s market. If a seller has $15,000 to help close a deal, should they drop the price or reduce the interest rate?
➡️ Price Drop ($15k Reduction)
Effect: Helps bring in buyers qualified for $485,000 but only saves a small amount each month
➡️ Rate Drop ($15k to Lower Rate)
Effect: Makes the home affordable to buyers, originally approved at $459,000 significantly expanding the pool of potential buyers
For Buyer's Agents: Use this strategy to help clients afford higher-priced homes without overextending their budgets. Negotiating a rate reduction is often a better solution than a simple price cut to make homes more affordable.
Let’s work together to bring affordability back and make the market work for everyone!
“Level of communication, the commitment to make it work, effort to help, make you feel so comfortable throughout the whole process. His personality. I’ve have never talked to any business owner that make you feel they’re really trying to help you till I met ken clark jr. can’t put in words how grateful i am.”
““Working with Ken Clark and his #championofloans team was truly life-changing! As first-time homebuyers, we were both excited and overwhelmed by the process. But from day one, Ken and his team treated us like family—patiently explaining every step, answering every question (no matter how small), and constantly cheering us on. Their dedication and empathy eased our anxieties and turned a complicated process into a wonderful experience. When we finally held the keys to our first home, we couldn’t hold back our tears of joy. We are forever grateful to Ken and his #championofloans team for helping us achieve this dream. Five stars isn’t enough to express our gratitude!””
“I share the same thoughts about Ken as my husband Ross Vocaturo. Highly recommend Ken to anyone who wants the best results when buying a home. You will be in the best hands & he will make the process for you effortlessly. Very pleasant to work with. He will look out for your best interest always.”
patricia vocaturo
“Ken & his team were very professional, organized, reliable, informative. Ken guided me thru every step of the way, always willing to explain anything to make the process go smoothly & without obstacles. He always made time for me no matter how busy he was, any time day or night. Highly recommend him. You will be in excellent hands.”
“I wanted to take a moment to express my sincere gratitude for all your support throughout the home-buying process. From the initial application to closing, your prompt responses to my questions, guidance through each step, and the clear communication about my options were invaluable. I truly appreciate the professionalism and care you brought to every interaction, and I’m thrilled with the outcome. Thanks to your help, I’m now in my new home, and I couldn’t be happier. I’ll be sure to recommend your services to anyone I know who is looking for a mortgage. Thank you again for all your hard work!”
sunny nguyen
“The best place to get your mortgage rate from, they have great customer service and very professional and patient with people. Ken is so so sweet the way how he talks to people, he is very knowledgeable about everything thanks Ken for helping me out with getting me my new home.”
judy towns
“From the perspective of a Realtor, Ken was excellent to work with. I never had a call go unreturned, an email not responded to, and my client never had a question unanswered. Ken took great care of her, and clearly puts a lot of time and effort into his work. If I could give 10 stars I would! I recommend anyone looking for a dedicated and knowledgeable Loan Officer to give Ken & his team a call!”
matthew uhr
“Ken was great to work with, He was very informative, he explained the whole process from beginning to end, made the whole process stress free and if we had any questions ken always answered your called or called you right back.. GREAT JOB KEN I REALLY APPRECIATE EVERYTHING.”
“Ken is skilled, knowledgeable, and very experienced. He kept us updated throughout the whole entire process of us purchasing our home. You call, he answers. He explained every little detail to have you understand the full process. He puts his clients first. Ken thank you for everything you’ve done for us and our family. If anyone is looking to buy a home and needs a great lender We highly recommend Ken.”
emylisa montanez