Pinnacles Step Up News Today

Tip-jar humor seen here in Chicago at a coffee shop: “Afraid of Change? Leave It Here.” Sure recessions typically mean lower rates, but are you okay waiting until that happens? TransUnion tells us that 196 million people in the United States use credit cards. Credit cards can be a valuable tool but for nearly everyone who keeps a balance on them, their rates are moving higher. On the flip side, here’s a way to add a little value to your clients. Thank you to Cory Tona who se...

Newfi Lending on Tuesday announced the launch of a new non-qualified mortgage (Non-QM) product called Pinnacles Step-Up Mortgage that is available in four states. The Emeryville, Calif.-based company claims the Step-Up Mortgage can save ­­Non-QM borrowers thousands of dollars in monthly payment obligations in the first year alone when using full documentation or bank-statement income.