Is Now a Good Time to Buy Your First Home?
Buying your first home is a big deal – it’s exciting, but also a little scary. One of the biggest questions right now is: is it a good time to buy? With mortgage rates higher than they’ve been in a while, it’s natural to wonder if it’s better...What Is An Assumable Mortgage?
Navigating the World of Assumable Mortgages: A Homebuyer’s Guide When it comes to buying a home, the financial aspects can be as complex as they are critical. One option that might not be on every buyer’s radar is the assumable mortgage. This financial...Mortgage Rates Decreasing
Mortgage rates have been on a bit of a roller coaster this year, and if you’re trying to keep track without getting lost in the jargon, you’re not alone. Let’s break it down into plain speak. First off, mortgage rates started the year on the high...What Is A Non-QM Loan?
Great question! A non-qualified mortgage (non-QM) is a type of home loan that is designed to help home buyers who cannot meet the strict criteria of a traditional (or QM) mortgage. For instance, if you are self-employed or do not have all the necessary documentation...What Is A Temporary Rate Buydown?
Great question! Buying down the rate can lower the rate permanently (for the entire life of the loan) or temporarily, for the first year or two. Let’s explore temporary rate buydown options. A 2/1 mortgage rate buydown is a type of financing arrangement that...
Carlie Clemens Mortgage Loan Officer NMLS 1733060
David H. Steinbrugge