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 | 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...
by Trudy Kelly | Jul 8, 2024 | FHA, Home Loans, Homebuyers
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....
by Trudy Kelly | Jun 26, 2024 | Conventional, FHA, Home Loans, Homebuyers, Supreme Dream
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...
by Trudy Kelly | Jun 20, 2024 | Home Loans, Homebuyers
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...
