by Trudy Kelly | Oct 1, 2024 | Conventional, Home Loans, Homebuyers
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...
by Trudy Kelly | Sep 20, 2024 | FHA, Home Loans
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...
by Trudy Kelly | Aug 1, 2024 | Home Loans, Homeowners
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...
by Trudy Kelly | 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 Trudy Kelly | 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...
