Shannon Stewart- Mortgage Loan Originator NMLS# 2071844

09/04/2026

🚨 NEW OPPORTUNITY FOR MANUFACTURED HOMES! 🏡

Freddie Mac is now allowing manufactured homes that have been moved from another site, opening the door to more financing opportunities for eligible borrowers!

Here’s what you need to know:

✅ Manufactured homes that have been moved from another site allowed
✅ A Structural Engineer report is required
✅ The HUD Label (metal tag) and HUD Data Plate are required
✅ The Data Plate must confirm the home meets the appropriate thermal zone and roof snow-load requirements
✅ This opportunity is predominantly for existing homes
✅ Effective immediately

⚠️ Important: Delivery and setup fees cannot be included in the loan when a pre-owned manufactured home is being installed at a different site or used for construction-to-permanent financing.

Looking to make a move? We can help. Contact me today!

08/28/2026

08/14/2026

Your debt-to-income ratio (DTI) is one of the biggest factors lenders look at when qualifying you for a mortgage, but what actually counts toward it?
Typically included in your DTI:
✔️ Car payments
✔️ Student loans
✔️ Credit card minimum payments
✔️ Personal loans
✔️ Existing mortgage or rent payments
✔️ Child support or alimony
Usually NOT included:
❌ Utilities
❌ Groceries
❌ Cell phone bills
❌ Insurance premiums
❌ Gas & entertainment expenses

Knowing your DTI can help you better understand your buying power and prepare for the homebuying process. Want to see where you stand? Let's talk. 👏

08/12/2026

Getting pre-approved is exciting, but here's what a lot of people don't explain: your lender is still reviewing your finances all the way up until closing day. 👀🏡
That's why we tell buyers not to:

❌ Open new credit accounts
Because new debt can increase your monthly obligations and lower the amount you qualify for.

❌ Make large unexplained deposits
Because lenders have to verify where your funds came from to meet loan guidelines.

❌ Change jobs or income structure
Because your approval is based on the income and employment information originally provided.

Even small financial changes can impact your loan approval before closing. The goal is simple: keep everything as stable as possible until the keys are in your hand. 🔑✨

08/10/2026

Thinking about getting pre-approved for a mortgage? 🏡✨
Before you start house hunting, make sure you've got these 5 key documents ready, they'll help speed up your approval process and get you one step closer to your new home.
📄 1. Proof of income
Recent pay stubs (typically last 30 days) and W-2s or tax returns.
📄 2. Employment verification
Contact info for your employer or recent job history if you've changed roles.
📄 3. Bank statements
Usually the last 2-3 months to show assets and reserves.
📄 4. Credit information authorization
Lenders will run your credit report as part of the process.
📄 5. Photo ID
A valid driver's license or passport to verify your identity.
Having these ready upfront can make your pre-approval smoother, faster, and less stressful, so you can focus on finding the right home. 🔑

08/06/2026

Thinking about applying for a mortgage but worried about your credit score? 🏡📊 Here's what actually happens when you apply 👇
When a lender checks your credit during the mortgage process, it's called a "hard inquiry." This may cause a small, temporary dip in your credit score - usually just a few points.
But here's the important part:
✔️ Multiple mortgage inquiries within a short window (typically 14-45 days, depending on scoring model) are often treated as ONE inquiry
✔️ The impact is usually short-term and can recover quickly
✔️ On-time payments and responsible credit use matter way more in the long run
Bottom line: applying for a mortgage won't "ruin" your credit - and it's a normal, expected part of becoming a homeowner. 🔑✨

08/05/2026

Local loan officer vs. online lender - does it really matter? 🏡🤔

Short answer: yes, and here's why.
Working with a local loan officer means you're getting more than just a loan application link, you're getting real support, real communication, and real expertise in your market.

✔️ Faster communication when timing matters
✔️ Local market knowledge that can strengthen your offer
✔️ More personalized guidance through the process
✔️ A real person you can call, text, and actually reach
✔️ Help navigating unique situations or last-minute changes

Online lenders can be convenient, but when it comes to one of the biggest financial decisions of your life, having a trusted local expert in your corner can make all the difference. 🔑✨

08/03/2026

You've been staring at that kitchen for two years. You know exactly what you'd change. You just haven't figured out how to pay for it without draining your savings or racking up credit card debt.

Here's something worth knowing: if you've owned your home for a few years, you've probably built up more equity than you realize. A HELOC lets you borrow against it at rates far lower than most credit cards - and use the money however you want.

New kitchen. Bathroom remodel. Finished basement. That addition you keep sketching out on paper.
No upfront out-of-pocket costs, and no hard credit pull to see what you qualify for. Apply online and get funding often within 5 business days.

Your home helped you build it. Now let it help you spend it.
Ready to see what you might qualify for? Send me a message or use the link below.

https://www.gershman.com/loan-officers/shannon-stewart/

07/31/2026

Rates drop. Buyers rush back in. Prices go up. And the home you could've bought last year? It costs more now.

You can refinance a rate. You can't renegotiate a purchase price.

If you've been on the sidelines, it might be time to find out where you actually stand. Your number might surprise you.