Abundant Mortgage Lending, Inc.

06/10/2026

Condo vs. Single-Family Home: Which Is Right for Your Budget and Lifestyle?

There's a lot to consider as you make this decision.

05/18/2026

Need a loan for unique properties? We're here to help!

Barndominums
A-Frame
Container
Earth/Berm
Geodesic
Log
Large Acreage
ADU
Group Homes
3D printed
Land Trusts/Ground Lease – Including Manufactured
Deed Restricted

04/30/2026

🚨 BIG NEWS for Veteran Homebuyers! 🚨
If you work with veteran buyers or are a veteran yourself, this is one of the most important updates for 2026. The Department of Veterans Affairs (VA) is changing two key Minimum Property Requirements (MPRs) to make it easier to use your VA loan benefits and buy a home!
What's Changing?
• Peeling Paint on Post-1978 Homes: No more repair requirements! If your home was built after 1978, peeling or chipped paint is now just a cosmetic issue. Lead-based paint rules still apply for homes built before 1978.
• Outbuildings Are Excluded: Barns, sheds, and fencing are now completely excluded from VA MPRs. This is great news for those buying rural properties or homes with outbuildings!
Quick Recap of VA MPRs:
• Property must be residential (mixed-use OK if primarily residential).
• Space for living, sleeping, cooking, and sanitation required.
• Safe & functional mechanical systems.
• Adequate heating and hot water.
• Safe drinking water & proper sewage disposal.
• Roof must be in good condition.
• Crawl spaces clear & vented.
• Independent utility services for each unit.
• Safe street access.
• Property free of hazards.
• No defective conditions impairing safety/sanitation.
• Lot must drain properly.
• No wood-destroying insects, fungus, or rot.
• Lead-based paint concerns only for homes built before 1978.
These updates will make the VA home loan more accessible and practical, helping more veterans achieve homeownership. 🇺🇸
For full details, check out Chapter 12 of the VA Lenders Handbook or reach out to me!

02/12/2026

International Buyer? We can do that loan.

01/27/2026

Abundant Mortgage Lending offers a Doctor loan now!

Eligible Professional Designations:
➢ At least one borrower whose income is being used to qualify must be one of the following
eligible professional designations:
o Medical Doctor (MD)
o Doctor of Osteopathy (DO)
o Doctor of Dental Science or Surgery (DDS)
o Doctor of Dental Medicine (DMD)
o Doctor of Ophthalmology (MD or DO)
o Doctor of Psychiatry (MD or DO)
o Doctor of Pharmacy (PharmD)
o Doctor of Veterinary Medicine (VMD)
o Doctor of Podiatric Medicine (DPM)
o Certified Registered Nurse Anesthetist (CRNA)
o Medical residents, fellows, or interns with one of the above degrees
➢ Borrowers must hold a minimum of an M.D., D.O., D.D.S., DNP, DNAP or D.M.D. degree and
have an active employment contract (or verification of terms of employment acceptance).

08/03/2025

The Fed doesn’t directly control mortgage-backed securities (MBS). Instead, it influences things that affect MBS — like a chain reaction.
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🧩 Step-by-Step Breakdown
1. Fed Raises or Lowers Its Rate
This is the starting point. The Fed changes the Federal Funds Rate to manage inflation and economic growth.
2. This Influences Treasury Yields
Investors react to the Fed rate by buying or selling U.S. Treasury bonds. This changes the yield (interest rate) on those bonds.
3. Mortgage Rates Follow Treasury Yields
Mortgage rates tend to move in the same direction as Treasury yields. So if Treasury yields go up, mortgage rates go up too.
4. Higher Mortgage Rates Affect Home Loans
When mortgage rates rise, fewer people take out new mortgages or refinance. That means fewer new MBS are created.
5. Investor Demand for MBS Changes
If mortgage rates are high, existing MBS may lose value because newer ones offer better returns. If rates are low, MBS become more attractive.
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🧠 Simple Analogy
Imagine the Fed rate is like the price of gas. It doesn’t directly affect your car’s value, but it does affect how much people drive, which affects car maintenance businesses. Similarly, the Fed rate affects borrowing costs, which then ripple through to mortgage rates and MBS.

08/03/2025

🏦 What Is the Fed Rate?
The Federal Reserve (the Fed) sets a key interest rate called the Federal Funds Rate. This is the rate banks charge each other to borrow money overnight. It’s like the “base price” for borrowing money in the U.S. economy.
When the Fed changes this rate, it’s trying to either:
• Cool down the economy (by raising rates), or
• Stimulate the economy (by lowering rates).
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🏠 What Are Mortgage-Backed Securities (MBS)?
Mortgage-backed securities are bundles of home loans that are sold to investors. When you pay your mortgage, that money goes to whoever owns the MBS. Investors like MBS because they offer regular income (from mortgage payments).
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🔗 How Are They Connected?
Here’s the relationship in plain terms:
1. Fed Rate Affects Interest Rates:
• When the Fed raises its rate, borrowing becomes more expensive.
• Mortgage rates go up, so fewer people buy homes or refinance.
• When the Fed lowers its rate, mortgage rates go down, encouraging home buying.
2. Mortgage Rates Affect MBS Demand:
• If mortgage rates are high, new mortgages slow down, and existing MBS may lose value.
• If mortgage rates are low, more mortgages are created, and MBS become more attractive to investors.
3. Investor Behavior:
• When rates are low, investors may prefer MBS for better returns.
• When rates are high, they might shift to other investments like government bonds.
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🧠 Simple Analogy
Think of the Fed rate as the thermostat for the economy. Mortgage-backed securities are like ice cream in the freezer. If the thermostat is turned up (higher rates), the freezer warms up, and the ice cream (MBS) isn’t as appealing. If the thermostat is turned down (lower rates), the freezer cools, and the ice cream looks delicious again.

02/12/2025

Be On the Lookout: Criminals Filing Tax Returns in Your Name!

Here’s a scary fact: The Federal Trade Commission (FTC) reported that individuals lost over 10 billion dollars to fraud in 2023—a 14% increase from the previous year—with over 2.6 million consumers falling victim.1
Furthermore, headline-making data breaches have made this issue even more pressing by exposing millions of taxpayer identification numbers.
How Criminals Operate
Tax scammers use various tactics, including:
• Filing false returns using stolen Social Security numbers
• Impersonating IRS officials
• Making aggressive threats about arrest or legal action
• Sending suspicious links or phishing emails
• Demanding payment through gift cards
Know How the IRS Works
The IRS follows specific procedures when contacting taxpayers:2
• They typically initiate contact through U.S. mail, not email or phone
• They won't email without prior consent
• They don't send direct messages on social media
• They rarely make phone calls without sending written notice first
• In-person visits are limited and include official credentials

Five Steps to Protect Yourself
1. Take IRS notices seriously and verify their legitimacy
2. Be cautious of emails or calls claiming to be from the IRS
3. Monitor your financial accounts regularly
4. Use strong passwords and multi-factor authentication
5. Check your IRS transcript history for unauthorized activity

If You're Targeted
Act quickly if you suspect tax return fraud:
• Contact the IRS Identity Theft Hotline: 1-800-908-4490
• File Form 14039 (Identity Theft Affidavit)
• Place a fraud alert with credit bureaus
• Work with your tax professional or consider contacting us—we might be able to offer some guidance and support

We provided this email update for information purposes only and remind everyone that it’s not a replacement for real-life advice. If you are concerned that your tax filing has been compromised or fear that it could be in the future, we encourage you to consult with your tax, legal, or accounting professional about specific steps you can take to proactively manage your situation.
For more information, consider visiting the IRS Tax Scams page https://www.irs.gov/help/tax-scams/recognize-tax-scams-and-fraud, or explore resources like the FTC’s Consumer Protection updates.

Don't fall for tax scams. Learn how to spot a scam and what to do.

11/07/2024

Happy Birthday to Abundant Mortgage Lending, INC.

Thank you for all that have supported, we appreciate you so much!

10/25/2024

The Fed dropped their rates so why have mortgage rates not drop but climbed?

Mortgage rates dropped before the Fed’s last meeting, and have risen more than 50 basis points since. If you’re wondering why, you’ll need to look at the 10-year Treasury bond yield.