by Home Team Elite | Apr 10, 2025 | Home Loans, VA
All You Need to Know About the VA Loan Funding Fee Military veterans and active-duty service members have dedicated their lives to serving our country, and Supreme Lending couldn’t be more grateful for their service. When it comes to homeownership, there’s no...
by Home Team Elite | Apr 5, 2025 | Home Loans, Homeowners
A reverse mortgage* is a unique loan designed to help eligible homeowners and homebuyers aged 62 or older convert some of their home equity into cash. This program may offer greater flexibility and financial independence, especially for those entering retirement....
by Home Team Elite | Apr 1, 2025 | Family, Home Loans, Homebuyers, Homeowners
If rising mortgage rates have you weighing your options, a 2-1 Temporary Interest Rate Buydown might be worth exploring. Supreme Lending offers this for eligible conventional, FHA, and VA loans, allowing for a lower interest rate in the first two years. This gives the...
by Home Team Elite | Mar 10, 2025 | 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...
by Home Team Elite | Feb 9, 2025 | Home Loans, Homebuyers
You’ve submitted your initial mortgage application, completed the necessary paperwork, and even had your home appraised. Now, you find yourself at the crucial stage of the loan process – underwriting. This is where the underwriter, acting as a gatekeeper for the...
