Jeff Bochsler’s Post

A $0 down payment loan is exactly what it sounds like, a mortgage that does not require a down payment. Like any decision, there are pros and cons to a $0 down mortgage. PRO — Buying a house with no money down means buyers won’t have to drain their savings to try to meet the down payment requirement. CON — Typically, no down payment mortgages have a higher interest rate than traditional mortgages which can lead to larger monthly payments. PRO — You could get into a home sooner because you won’t have to save up a down payment. Have questions about down payments or $0 down loan options? Send me a DM — I'd love to chat! Lisa Bertok, Certified Mortgage Advisor, Senior Loan Officer, NMLS #184047 📲 775-560-9409 💻 HomeLoanForYou.com

A Mortgage Recast is a process that could help some borrowers lower their monthly mortgage payments. Here’s how it works 👇 The borrower makes a lump sum payment (at least $5,000) toward the principal on their home loan. The loan is then recalculated based on the new, lower outstanding balance. Because the principal goes down, the monthly payment amount also goes down. Note that not all mortgage loans qualify for recasting.* Curious if this could work for you? Contact me to learn more! Leno Skaria NMLS#1650502 267-370-4081 Leno.skaria@citizensbank.com #CitizensColleague #Mortgage #HomeLoan *Recasts can’t be performed on home equity lines of credit, FHA, VA, GNMA and USDA loans, interest-only loans, or select Bond/State housing programs. A recast requires at least $5,000 toward your principal and a processing fee (currently $150). Service is subject to change at any time.

This guide explores how Credit Optimization can empower borrowers to: 🗣 Qualify for better loan programs 🗣 Receive more competitive offers 🗣 Reduce the overall cost of homeownership

Our range of mortgage & secured loan products mean we can help most homeowners, even with bad credit scores. Homeowners who have current or past credit problems can access their equity for a range of purposes. Every month we get 100s of mortgage approvals for our customers using our range of products. We can help most, even with low credit scores. Our process is fast and efficient, designed to get our customers lending approvals almost within hours, ensuring the best rates available. We will also plan your return mainstream lending. ✅Get the best rates available ✅CCJ’s, Defaults, Missed Payments, Debt Management ✅Refused on the high street – not a problem ✅Consolidate debts ✅Home Improvements ✅Credit Repair ✅Home Extensions ✅Locked into current mortgage? Not a problem We can't help if you don't get in touch. Message or call us on 07977 559082 / emma@waverleymortgage.co.uk YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR DEBT SECURED ON IT THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY. THE TOTAL TO REPAY MAY BE CONSIDERABLY MORE.

Here’s a dose of mortgage advice that just might put you on the pathway to paradise! When it comes to qualifying for a home loan, your credit score plays a major role. It can impact everything from the interest rate you qualify for to the loan programs you can choose from. The higher the score, the more options you may have. 📈 🏡 Here’s a quick overview of Supreme Lending’s credit score requirements by loan type: ✔️ 620 minimum for Conventional ✔️ 580 minimum for FHA and VA ✔️ 600 minimum for USDA Follow my page and keep up for more mortgage advice from your trusted local lender! https://myoc.io/myloan #MortgageAdvice #SupremeLending

Choosing the right loan type is crucial for your home-buying journey. Here are some common options to consider: 1. Fixed-Rate Mortgage: Offers a stable interest rate and monthly payments, making it predictable and easy to budget. 2. Adjustable-Rate Mortgage (ARM): Starts with lower interest rates that adjust over time, which can be beneficial if you plan to move or refinance in a few years. 3. FHA Loan: Backed by the Federal Housing Administration, ideal for first-time buyers with lower credit scores and smaller down payments. 4. VA Loan: Available to veterans and active-duty service members, offering competitive rates and no down payment. 5. Jumbo Loan: For high-value properties that exceed conforming loan limits, typically with stricter credit requirements. Understanding these options helps you make informed decisions and find the best fit for your financial situation. Ready to explore your loan options? Contact me today! #LoanTypes #HomeBuying #RealEstateTips #texasrealtor #leaguecityrealestate #FixedRateMortgage #FHALoan #VALoan

🏡 How Long Does It Take to Close a Mortgage Loan? 🏡 On average, it takes 43 days to close a mortgage loan. However, did you know that being well-prepared can drastically reduce this time? 🔑 Here’s How You Can Speed Up the Process: 𝗚𝗮𝘁𝗵𝗲𝗿 𝗬𝗼𝘂𝗿 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝘀 𝗘𝗮𝗿𝗹𝘆: Have your income verification, tax returns, bank statements, and other necessary paperwork ready. 𝗦𝘁𝗮𝘆 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝘃𝗲: Promptly answer any requests from your lender. 𝗗𝗼𝗻'𝘁 𝗝𝘂𝘀𝘁 𝗚𝗲𝘁 𝗣𝗿𝗲-𝗔𝗽𝗽𝗿𝗼𝘃𝗲𝗱, 𝗚𝗲𝘁 𝗖𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗱: Secure your financing with Salem Five's Express Commit before you start house hunting. 𝗪𝗼𝗿𝗸 𝘄𝗶𝘁𝗵 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀: Choose experienced real estate agents and loan officers who can guide you efficiently. Being prepared not only speeds up the process but also reduces stress and helps you get into your new home faster! 📲 Ready to get started? Call me today for more tips on how to streamline your mortgage process. #MortgageTips #HomeBuying #RealEstate #GetPrepared #FastClosings #HomeLoan #MortgageProcess #GinaNelson

Check out our latest eBook: Understanding the Impact of Credit Optimization on Mortgage Lending! This guide explores how lenders can use Credit Optimization to help their borrowers qualify for better loan programs, receive more competitive offers and reduce the overall cost of homeownership. Click here to download: https://lnkd.in/d6WZAKc4 #homebuyer #creditoptimization #lenders #mortgagelending

During your mortgage loan process, there are some crucial do’s and don’ts to follow. Following these will ensure the lending process goes smoothly on your journey home! Unsure if something will affect your lending process? Reach out to us today with any questions you may have!

During your mortgage loan process, there are some crucial do’s and don’ts to follow. Following these will ensure the lending process goes smoothly on your journey home! Unsure if something will affect your lending process? Reach out to us today with any questions you may have!