by Supreme Lending | Dec 10, 2024 | Homebuyers
Buying a home is an exciting milestone, but it may also come with unfamiliar terms and processes that feel overwhelming. One term you’ll likely encounter is “escrow.” If you’re unsure what escrow means or why it’s important during home loan transactions,...
by Supreme Lending | Oct 10, 2024 | Homebuyers
Discover the Key Differences Between a Condo vs. Single-Family Home So you’ve finally decided to end the debate of renting vs. owning a home and pull the trigger on your homebuying journey. Congratulations! The next big question is deciding what kind of property you...
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...
by Supreme Lending | Jun 20, 2024 | Home Loans, Homebuyers
Ease into a Mortgage with a Temporary Interest Rate Buydown In today’s mortgage market, finding ways to make homeownership more affordable is key. One effective option is a temporary rate buydown mortgage. What is a rate buydown and how can it benefit borrowers? Let’s...
by Supreme Lending | May 9, 2024 | FHA, Home Loans, Homebuyers
Learn why FHA loans may be a perfect option for first-time buyers. While first-time buyers are hunting for their perfect home, they’ll also need to be on the hunt for the perfect mortgage—which may seem more overwhelming and not as enjoyable as touring properties....
