Equity is Increasing!


If you think 2020 hasn’t been full of much good news, we do have some actual good news for just about everybody who is reading this. The amount available to homeowners to borrow against their house hit a record high of $6.5 trillion earlier this year. Additionally, 9 in 10 homeowners currently have a primary rate at least 0.75 percent above the prevailing market average rate as mortgage interest rates continue to hit record lows. If that isn’t good news, then we don’t know what is! 

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Top Loan Programs Available for First-Time Homebuyers: Part 1

Many first-time homebuyers are entering the real estate market this summer amidst the COVID-19 pandemic in order to acquire a piece of the American dream: homeownership. What many are realizing is that mortgage interest rates have become more favorable than in years past. As a first-time homebuyer, you may too find yourself competing with other buyers in a sellers’ market – where home prices have increased, and inventory is small. However, if you find your budget is tight, here are the best loan programs to help you buy a home for your family.

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5 Actions You Can Take if a Lender Denies Your Loan Application

Serious homebuyers know the importance of getting a mortgage pre-approval first before touring a prospective home. Getting a mortgage pre-approval means that a lender has thoroughly checked and verified your credit, and for a period of time, determines that you could borrow the amount you’re applying for to buy a home. Lenders, however, have recently become stricter with lending requirements because of the uncertainty that this COVID-19 pandemic brings where millions of people have filed for unemployment claims.

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