Your home is likely the biggest financial investment you will make. So it’s a smart move to invest some time learning more about the financing basics of homebuying and homeownership.
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Your home is likely the biggest financial investment you will make. So it’s a smart move to invest some time learning more about the financing basics of homebuying and homeownership.
Featured Articles
Mortgage Checklist: What Documents Will You Need?
An Overview of Your Mortgage Checklist Ready to buy a home but don’t know where to start? We’ve got you covered with what is needed for the loan application process with this basic mortgage checklist! To qualify for a home loan, lenders will need to review several...
Buying a Condo vs. Single-Family Home: How to Choose
Discover the Key Differences Between a Condo vs. Single-Family Home So you’ve finally decided to end the debate of renting vs. owning a home and pull the trigger on your homebuying journey. Congratulations! The next big question is deciding what kind of property you...
Your Guide to the FHA 203(h) Disaster Relief Loan
All You Need to Know About the FHA 203(h) Disaster Relief Loan Program When natural disaster strikes, the devastation it leaves behind can be overwhelming, especially if your home is damaged or destroyed. At Supreme Lending, we know how difficult it can be to rebuild...
10 Homebuying Tips for a Smooth Mortgage Process
Your Helpful Guide to Mortgage Homebuying Tips Buying a home is one of life’s biggest milestones—a place to make lasting memories, build your future, and truly create a place to call your own. But let’s face it: the homebuying process can feel a bit overwhelming at...
3 Common Condo Loan Myths – It May Be Easier Than You Think!
Don’t let these condo loan myths get in your way of homeownership! Condominiums can be an appealing alternative to traditional homes, offering perks like lower maintenance, community features, and prime locations. However, some potential homebuyers may hesitate to...
Renting vs. Owning a Home: Which Is Right for You?
Deciding between renting vs. owning a home may be one of the biggest debates when it comes to housing. Both options offer unique advantages, but the key is to find which fits your personal goals and lifestyle. Let’s explore the pros and cons of each option and take a...
Supreme Lending Increases 2025 Conforming Loan Limits Available Now
Supreme Lending is proud to announce the conforming 2025 loan limits have increased and, the best part, the company is offering the raised loan limits today. For single unit properties, the conforming limit is now $800,000, up from $766,550. While Fannie Mae and...
The Hidden Costs of Homebuying: What to Know Beyond the Down Payment
Buying a home is a major milestone, and while most prospective buyers are focused on saving for the down payment, there are additional homebuying costs to consider. From closing costs to ongoing home maintenance expenses, it’s important to understand the costs beyond...
FHA Loans for Non-First-Time Homebuyers: How It Works
Can repeat buyers qualify for FHA loans? When you think of an FHA loan, it’s often associated with first-time homebuyers. After all, FHA loans are widely known for lower down payment and flexible credit requirements. But did you know that FHA loans are not just...
Home Appraisal Checklist: Key Factors to Consider
Your Quick Home Appraisal Checklist When buying or selling a home, it’s important to understand the importance of a home appraisal during the mortgage process. Appraisals determine the value of a property based on various factors, ensuring buyers, sellers, and lenders...
What Are Supreme Lending Credit Score Requirements?
An Overview of Supreme Lending Credit Score Requirements When you’re preparing to buy a home, understanding the mortgage credit score requirements is essential. Your credit plays a significant role in determining your eligibility for various loan programs, as well as...
Home Equity Line of Credit: What Is a HELOC?
When homeowners think about tapping into the equity they’ve built in their property, a Home Equity Line of Credit, also known as a HELOC, may come to mind. This alterative transaction mortgage can be incredibly versatile and useful for eligible homeowners to access...
7 Things to Know Before You Refinance Your Mortgage
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...
Your Guide to Mortgage Gift Funds for Down Payment and Closing Costs
Unlocking Homeownership With Mortgage Gift Funds When it comes to purchasing a home, the down payment is often a big hurdle for borrowers, especially first-time homebuyers. However, there may be an opportunity to help make homeownership a reality through mortgage gift...
Back-to-School Homeownership Tips: 7 Ways to Prep Your Household
Celebrate new beginnings with these quick and easy back-to-school homeownership tips. As summer winds down and it’s back to school season, it’s not just the kids who need to get ready for the new academic year. Homeowners can also take this time to reassess,...
How Soon Can You Refinance a Mortgage?
Refinancing* your mortgage may be a strategic financial move that may unlock potential savings, but a common question for homeowners is, how soon can you refinance? Timing is everything. Whether you’re looking to lower your monthly mortgage payments, pay off your home...
Can You Add Renovation Costs to Your Mortgage?
When someone asks if it’s possible to add renovation costs to mortgage, the simple answer is yes! When buying a home, people dream of finding the perfect property that checks off all their boxes. However, sometimes the ideal property may need a little work to become...
A Guide to Seller Concessions in the Homebuying Process
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...
6 Common Mortgage Myths Debunked
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...
Mortgage LTV: What Is a Loan-to-Value Ratio?
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...
Mortgage Refinance Checklist: What Documents Do You Need?
Download a copy of the refinance checklist here. If you’re considering refinancing* your mortgage, there are several ways you can prepare beforehand to ensure a smooth, timely transaction. The refinancing process requires careful planning and organization, starting...
Investment Property Loans: Discover the Financing Possibilities
Are you interested in investment property loans, but not sure where to begin? Investing in real estate may offer exciting and rewarding opportunities, including rental income. In fact, HousingWire reported that investment returns for single-family rental homes are...
Are You Just Beyond Qualifying for a Mortgage?
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....
Mortgage Refinance Calculator: Is Refinancing* Right for You?
Understanding How to Use a Refinance Calculator Refinancing a mortgage can be a strategic tool for many homeowners, but determining whether it’s the right move requires careful consideration and calculation. A refinance calculator can help you understand the potential...
Down Payment Assistance Programs: Low or No Money Down Mortgages
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...