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 | 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...
by Home Team Elite | Nov 1, 2024 | Home Loans, Homebuyers
What’s an Appraisal? For those who have never been through the mortgage process before, an appraisal refers to an unbiased estimate of a home’s value. A professional appraiser evaluates the property to confirm its worth, which is then used to determine how...
by Home Team Elite | Aug 14, 2024 | Home Loans, Homeowners, Refinance
There are several things to consider when deciding to refinance* your mortgage. It’s essential that you’re well-informed and ready to make an educated home financing decision to reach your goals. Once you’ve established how soon you can refinance, here are seven other...
