As an agent, it’s exciting to finally convert that lifelong renter or young family into homeowners. They have the financial means to maintain a mortgage, but what if they only have limited resources for the downpayment or closing costs? This is where IHDA (Illinois Housing Department Authority) downpayment assistance financing may help, here are the […]
Key Mortgage can help your clients make non-contingent offers
In today’s market of multiple offers and fast-moving real estate, offers contingent on the sale of another property often can be pushed aside. Yet, many clients are afraid to sell before they find a new home. Here are some ways your clients can buy before they sell: 401K loan Family gift Smaller downpayment Bridge loan […]
Debunking myths around FHA and VA Loans
It’s time to talk about government loans. We want you to know enough to help instill confidence in your clients when they ask these questions. And remember, our Key Mortgage loan officers are always here to help! FHA and VA loans take longer to process and close. FALSE A loan is a loan – when […]
Esther Phillips Offers Insight into Refinancing
https://bestlifeonline.com/refinance-mortgage-advice-news/ […]
Buyers can lock interest rates before finding a home
With rising rates, every day brings uncertainty for you and your buyers. That’s why Key Mortgage is now offering an option for your clients to lock in their mortgage rate before they find the home of their dreams with Lock & Shop. By locking in the rate today, it secures your client’s buying power, takes […]
Key Mortgage’s Esther Phillips weighs in on whether you really do need to put 20% down
https://www.realsimple.com/work-life/money/home-finance/do-you-need-20-percent-down-payment-on-house […]
What 2022 condo financing changes mean for your buyers and sellers
The devastating Surfside Condo collapse in Florida has changed the mortgage landscape for all loans as of January 1. There are new requirements for lending that may slow down the mortgage process due to a deeper dive into the structural, mechanical and financial soundness of a condominium project. Here are ways you can ensure your […]
Clients can increase buying power or lower monthly payments.
As 30-year fixed rates are rising, Key Mortgage has financing options to increase your client’s buying power or lower their monthly payment. With a Key Mortgage 10/6 adjustable-rate mortgage (ARM), your clients can save on their monthly payments, resulting in thousands saved over the life of the loan. Or, they can opt to increase their […]
Are clients asking, “Should we wait to buy because rates are going up?”
Here’s how to respond with reasons your clients should buy now. Even if rates go up to 4%, it’s still less than half the historic average! Today’s rate may be the lowest it gets for a while. The Federal Reserve announced on Dec. 15 that American consumers should expect a series of rate hikes throughout […]
Mary Gill featured in NMP’s 40 Under 40
https://nationalmortgageprofessional.com/news/nmps-40-under-40-2021#gill […]