by John Ortiz | Oct 7, 2024 | Home Loans, Homebuyers
Don’t let these condo loan myths get in your way of homeownership! Condominiums can be an appealing alternative to traditional homes, offering perks like lower maintenance, community features, and prime locations. However, some potential homebuyers may hesitate to...
by John Ortiz | Oct 1, 2024 | Conventional, Home Loans, Homebuyers
Supreme Lending is proud to announce the conforming 2025 loan limits have increased and, the best part, the company is offering the raised loan limits today. For single unit properties, the conforming limit is now $800,000, up from $766,550. While Fannie Mae and...
by John Ortiz | Sep 12, 2024 | Home Loans, Homebuyers, Homeowners
Your Quick Home Appraisal Checklist When buying or selling a home, it’s important to understand the importance of a home appraisal during the mortgage process. Appraisals determine the value of a property based on various factors, ensuring buyers, sellers, and lenders...
by John Ortiz | Aug 12, 2024 | Conventional, FHA, Home Loans, Homebuyers, USDA, VA
Unlocking Homeownership With Mortgage Gift Funds When it comes to purchasing a home, the down payment is often a big hurdle for borrowers, especially first-time homebuyers. However, there may be an opportunity to help make homeownership a reality through mortgage gift...
by John Ortiz | Jul 29, 2024 | Conventional, FHA, Home Loans, Homebuyers
If you’re thinking of buying a home, you may want to consider the possibility of seller concessions to help reduce upfront loan expenses. Imagine having a portion of your mortgage closing costs covered or even getting some essential home repairs taken care of without...
by John Ortiz | Jul 26, 2024 | Home Loans, Homebuyers
Don’t let mortgage myths get in the way of your dreams of homeownership. Unfortunately, there are several misconceptions about home financing that can make getting approved for a loan seem more difficult than it could be. Supreme Lending is here to set the record...