by Home Team Elite | 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 Home Team Elite | Jul 26, 2024 | Home Loans, Homebuyers
Don’t let mortgage myths get in the way of your dreams of homeownership. Unfortunately, there are several misconceptions about home financing that can make getting approved for a loan seem more difficult than it could be. Supreme Lending is here to set the record...
by Home Team Elite | Jul 18, 2024 | Home Loans, Homebuyers
When it comes to securing a mortgage, a key factor that lenders consider when evaluating a borrower’s lending capacity is Loan-to-Value (LTV) ratio. Understanding mortgage LTV, how it’s calculated, and how it can impact your mortgage can help you make informed...
by Home Team Elite | Jul 8, 2024 | FHA, Home Loans, Homebuyers
Learn about Supreme Lending’s BEYOND Program, an ITIN Loan Option.   Did you or someone you know just miss out on becoming eligible for a mortgage? Supreme Lending may have the solution with the BEYOND mortgage program, commonly known for being an ITIN loan option....
by Home Team Elite | 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 Home Team Elite | 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...