by Supreme Lending | Nov 19, 2024 | Conventional, FHA, Home Loans, Homeowners, Refinance
Refinancing* your mortgage may be a strategic financial move that may unlock potential savings, but a common question for homeowners is, how soon can you refinance? Timing is everything. Whether you’re looking to lower your monthly mortgage payments, pay off your home...
by Supreme Lending | Nov 3, 2024 | Conventional, FHA, Homebuyers, USDA, VA
An Overview of Supreme Lending Credit Score Requirements When you’re preparing to buy a home, understanding the mortgage credit score requirements is essential. Your credit plays a significant role in determining your eligibility for various loan programs, as well as...
by Supreme Lending | 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 Supreme Lending | 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 Supreme Lending | 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 Supreme Lending | Jun 26, 2024 | Conventional, FHA, Home Loans, Homebuyers, Supreme Dream
Understanding Down Payment Assistance Programs When it comes to buying a home, one of the most common misunderstandings is that you need at least a 20% down payment. This misconception can discourage potential buyers, especially first-time homebuyers, from pursuing...