Blog Articles
Getting a Mortgage Pre-Qualification vs. Pre-Approval
When considering buying a home, it’s highly recommended that the first step in your homeownership journey is to work with a lender to get pre-qualified or pre-approved for a mortgage. While the two terms sound similar and both help give buyers an understanding of how...
Why Refi? 5 Common Reasons to Refinance a Mortgage
The decision to refinance* your mortgage is a strategic move that can have a profound impact on your financial well-being. There are several types of situations when refinancing might provide specific benefits and unlock potential savings. It’s important that...
VA Loans 101: Benefits and Eligibility
The men and women who have served in America’s Armed Forces have sacrificed so much to protect our freedom and communities, including time away from their families. There’s no profession more deserving of having a home to call their own. Supreme Lending is honored to...
Unlock Homeownership With a USDA Loan for Rural Living
If you’re looking for a home with acreage in the country, to build the homestead of your dreams outside the city, or to embrace nature’s beauty of rural living, a USDA loan could be a great mortgage option with it’s no down payment requirement and flexible guidelines....
What to Know About the Condo Loan Process
Condominiums—commonly known as condos—are a great option for homebuyers looking for less maintenance, urban settings, lock-and-leave lifestyle, and community amenities. But the differences between financing condos and single-family homes may bring more complexity to...
FHA Loan Benefits: Is This Mortgage Option Right for You?
When it comes to buying a home, which could be one of the biggest investments you make, it’s important to understand your financing options. While a Conventional loan is more traditional, FHA loans have seen a rise in popularity due to more flexible guidelines. Let’s...
Common Credit Score and Down Payment Requirements by Mortgage Type
For aspiring homeowners and first-time buyers, many questions can arise about the mortgage process. What credit score do you need to qualify? How much down payment is required? Answers are based on several factors including the property, purchase price, and, most...