An independent mortgage lender makes it easier when qualifying for a mortgage When you’re getting ready to buy a house, you may not know where to start. Do you scour the listings in real estate magazines? Do you recruit a Realtor to show you around? Do you drive around your target neighborhoods in search of…
When you’re ready, have no fear — there’s plenty of help out there for you – First Time Homebuyer Programs Buying a new home is a big undertaking. Going through the loan process makes it even more daunting. That’s one of the reasons you need the help of an experienced — and caring — mortgage…
Perhaps the right question to ask is what Realtors look for in professional partners. What do real estate agents want from a lender — or from any professional they work with? The answers are surprisingly simple and unexpectedly elusive. And yet, many Realtors recommend Prime Mortgage Lending of West Asheville. Saying Realtors’ jobs can be…
Zen Master of Mortgages You may think “Zen” and “mortgage” are two ideas that don’t go together. After all, Zen is about peace, tranquility and simplicity — breaking down the complex into its bare essentials. Meanwhile, mortgages are, well, complex, difficult and time-consuming. How can you even put them into the same sentence? It starts…
Walk Right In ~ Synergy in West Asheville Synergy, according to Merriam-Webster: “The increased effectiveness that results when two or more people or businesses work together.” Synergy, according to West Asheville: Prime Mortgage Lending’s office space at 862 Haywood Road. Few business models in Asheville, Western North Carolina, or even nationwide meet the criteria of synergy…
Minimum Payment and how it affects your mortgage payment Everyone knows that good credit translates into the best interest rates on loans and financing. That’s why it’s smart to do what you can to increase your credit rating — to 730 or higher, if possible — before buying a new home. You’ll end up with…
Ideal Debt-to-Income Ratio And why it’s important to manage Debt-to-income ratio refers to a formula that compares the amount of money you owe to the amount of money you earn. It’s an important formula in the grand scheme of your financial health, yet few people can even recite their figures. But before tackling what it’s…
Want to save money and time? Shop for your mortgage! Habits die hard. Perceptions die even harder. If you have it in your head that only banks (and maybe credit unions) issue mortgages, then you’re painting yourself into a corner that may end up costing you precious time and money. These days, you have a…
Appreciation and housing starts up in many North Carolina markets Despite economic conditions that continue to improve in North Carolina, the Federal Reserve Bank in Richmond reports that North Carolina real estate markets have not fared quite as well. Jobs are still plentiful in the state, with a steady 5.4 percent unemployment rate holding through…
California Real Estate ~ Golden State homebuyers, sellers and lenders should take advantage of deals as they arise. The good news is that, after the worse drop since 1938, the U.S. economy has been growing steadily since 2010. Job growth has been stable as well, although it did stall this past September. Even with the…