Down Payment Assistance Programs: Low or No Money Down Mortgages

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...
What Is a Temporary Rate Buydown Mortgage?

What Is a Temporary Rate Buydown Mortgage?

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...
How a Bank Statement Loan Can Help Self-Employed Borrowers

How a Bank Statement Loan Can Help Self-Employed Borrowers

Understanding a Bank Statement Loan For entrepreneurs and self-employed individuals, securing a mortgage can often be a challenge. Traditional home loans typically require W-2 tax returns and other documentation that may not accurately reflect the income of...
DSCR Loans – What Is Debt Service Coverage Ratio?

DSCR Loans – What Is Debt Service Coverage Ratio?

An Investor’s Guide for DSCR loans  Whether you’re just getting started with your investment portfolio or are a seasoned investor, navigating real estate is all about strategy. Supreme Lending is proud to offer a program to help investors easily finance dream...
Benefits of FHA Loans for First-Time Buyers

Benefits of FHA Loans for First-Time Buyers

Learn why FHA loans may be a perfect option for first-time buyers. While first-time buyers are hunting for their perfect home, they’ll also need to be on the hunt for the perfect mortgage—which may seem more overwhelming and not as enjoyable as touring properties....
Mortgage Considerations When Buying a Vacation Home

Mortgage Considerations When Buying a Vacation Home

As the weather heats up, it may be the perfect time to consider the possibilities of buying a vacation home or second property. A vacation home can be for more than just a getaway, it’s an investment in relaxation, adventure, and cherished memories. But before you...

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