Ellen Nichols - NMLS# 541804 - Central Bank

Ellen Nichols - NMLS# 541804 - Central Bank "A Division of The Central Trust Bank"

Seller concessions can be a helpful tool for buyers in certain situations.Depending on the loan program and transaction ...
06/04/2026

Seller concessions can be a helpful tool for buyers in certain situations.

Depending on the loan program and transaction details, seller concessions may be used toward eligible costs such as closing costs, prepaid items, or a temporary rate buydown.

This can sometimes help reduce the amount a buyer needs upfront or support a payment strategy during the early part of the loan.

Because concession limits and guidelines vary by loan type, it’s important to talk through the numbers before making an offer.

For informational purposes only. Loan approval, terms, costs, and concession limits are subject to borrower qualifications, program guidelines, property eligibility, credit approval, and underwriting.

Member FDIC | NMLS # 407985 | Equal Housing Lender

June is National Homeownership Month 🏡A great reminder that buying a home does not start with the open house — it starts...
06/02/2026

June is National Homeownership Month 🏡

A great reminder that buying a home does not start with the open house — it starts with clarity.

Before you start house hunting, make sure you understand your monthly payment, cash to close, loan options, and overall comfort level.

The goal is not just to buy a home.
The goal is to buy a home with confidence.

Thinking about buying this year? Start with the numbers first. https://www.centralbank.net/learning-center/homeownership/buying/

For informational purposes only. Not a commitment to lend or extend credit. Loan approval, terms, rates, down payment, and closing costs are subject to borrower qualifications, program guidelines, property eligibility, and underwriting approval.

Member FDIC | NMLS # 407985 | Equal Housing Lender

Think you need perfect credit or a large down payment to buy a home? Not always. An FHA loan may be worth exploring for ...
05/28/2026

Think you need perfect credit or a large down payment to buy a home? Not always. An FHA loan may be worth exploring for eligible buyers looking for a more accessible path to homeownership.

With lower down payment options and flexible qualification guidelines, FHA financing can be a strong solution depending on your goals and circumstances.

Let’s talk through your options!

Member FDIC | NMLS # 407985 | Equal Housing Lender

05/26/2026

Everyone wants to label this market as either “buyer” or “seller”… but right now, it’s more nuanced than that.

Inventory has improved. Buyers have more choices. Homes may be taking longer to sell in some areas. Yet well-priced, well-presented homes are still moving quickly.

The real advantage today isn’t about waiting for the “perfect” market—it’s about being prepared and having the right strategy for your goals.

If you’re wondering where you fit in today’s market, guidance can make all the difference. 🏡

Market conditions vary by location, price range, and property type, and are subject to change. For informational purposes only and not a commitment to lend or guarantee of loan approval.

To read more, head to our Learning Center: https://www.centralbank.net/learning-center/homeownership/buying/your-guide-to-buying-your-first-home/

Member FDIC | NMLS # 407985 | Equal Housing Lender

Happy Memorial Day! In observance of the holiday, our offices are closed today, Monday 5/25. In the meantime, feel free ...
05/25/2026

Happy Memorial Day! In observance of the holiday, our offices are closed today, Monday 5/25. In the meantime, feel free to DM me and I'll get back to you ASAP!

If you're a veteran thinking about buying a home, it may be worth exploring whether a VA home loan could be an option fo...
05/21/2026

If you're a veteran thinking about buying a home, it may be worth exploring whether a VA home loan could be an option for you.

Eligible borrowers may include active-duty service members, veterans with an honorable discharge, qualifying National Guard or Reserve members, and surviving spouses who meet program guidelines.

If you have questions or would like to learn more, reach out today!

Member FDIC | NMLS # 407985 | Equal Housing Lender

05/19/2026

Thinking about renovating? Not every project delivers the same return. Some upgrades look great, while others may have stronger impact on future resale value.

Improvements many buyers notice most often include updated kitchens, refreshed bathrooms, paint, flooring, and strong curb appeal. Just as important is having a smart plan for how those projects are financed.

We’re seeing more homeowners consider using available equity to make focused upgrades that support their goals. The best path depends on your timeline, budget, and overall financial picture.

The smartest renovations aren’t just about design—they’re about strategy.

For more, head to our Learning Center: https://www.centralbank.net/learning-center/homeownership/investing/some-renovation-projects-are-better-than-others-at-recouping-costs/

Market conditions vary by location, price range, and property type, and are subject to change. For informational purposes only and not a commitment to lend or guarantee of loan approval.

Member FDIC | NMLS # 407985 | Equal Housing Lender

05/14/2026

Not every homebuyer has the same plan—and not every mortgage should be one-size-fits-all. For some buyers, an Adjustable-Rate Mortgage (ARM) may offer a lower initial rate and lower payments during the early years of the loan.

That can be worth exploring for buyers with shorter-term goals or those who may not plan to keep the loan long-term. The right fit always depends on your full financial picture and future plans.

Reach out today to explore your options!

Member FDIC | NMLS # 407985 | Equal Housing Lender

05/12/2026

Did you know electronics like your coffee maker or phone charger can drive up your electricity bill even when they’re turned off? Those small costs really add up. The easy fix? Start by unplugging devices when you aren’t using them to keep that extra cash in your pocket!

Which appliance are you always forgetting to unplug?

For more ways to save visit our Learning Center: https://www.centralbank.net/learning-center/budget-and-save/easy-budgeting/seven-ways-to-save-on-your-electric-bill/

Member FDIC | NMLS # 407985 | Equal Housing Lender

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720 E. Broadway
Columbia, MO
65201

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