Best Loan Choice, Inc.

02/16/2024

As many of you know I am not the type that likes to brag about my accomplishments as many do here on facebook. However, for those of you that have entrusted me with your home and investment property mortgage loans. I recently received a review from our underwriting team that final approves our loans. It really made me feel appreciated by the folks we work with everyday to deliver you a home purchase.

09/21/2021

Supply issues continue to hamper construction of new single family homes. Single Family Starts were lower month over month as builders struggle to complete homes.

Housing Starts rose 4% in August at an annualized pace of 1.6M homes, which is 17.4% higher year over year. Single Family Starts, which is the most important, fell nearly 3% at a 1.1M pace. Permits, which are a good forward-looking indicator for Starts, rose 6% and are up 13.5% year over year. Singl...

09/11/2021

Today we honor all those who lost their lives on and all the first responders who so courageously answered the call of duty.

09/02/2021

We're more than a mortgage lender. We use proprietary software to shop hundreds of rates on the wholesale market to find the best one! When job reports come in like this one, we get instant alerts to lock in the lowest rate ensuring our clients get the best pricing possible.

Get a free quote with no hard credit pull: www.bestloanchoice.com or e-mail [email protected]

The ADP Employment Report showed that there were 374,000 jobs created in August, which was much less than expectations of between 500,000 to 600,000. Additionally, July was revised lower by 4k to 326,000. It will be interesting to see how this impacts the big Friday BLS Jobs Report estimates.

08/26/2021

"Teaching is the one profession that creates all other professions."

08/25/2021

Looking to join an expanding team of dedicated mortgage loan professionals? We are looking for a driven, detail-oriented individual with experience in the mortgage industry. We are a close-knit group in Maryland and Northern Virginia and have ample opportunities for telework and flex scheduling. Opportunity for year-end bonuses based on performance! Eligible for health benefits after probationary period.

08/24/2021

Builders continue to struggle offering lower priced homes.

New Home Sales, which measures signed contracts on new homes, were up 1% in July, which was stronger than expectations. New Home Sales are at a 708,000 annualized pace, which is down on a year over year basis off tough comparison, but really not much lower than where we were pre-covid. Looking at in...

08/24/2021

Investors may be crowding out first time home buyers, as they are likely purchasing the lower priced homes that they can rent out.

Existing Home Sales, which measure closings on existing homes, were up 2% in July to an annual pace of 5.99M units. Sales are up 1.5% year over year. Existing Home Sales are holding Rock Steady and are still at strong levels. Inventory is starting to increase, albeit slowly - There were 1.32M homes....