Arminda Royster Loan Officer

Arminda Royster Loan Officer CORP NMLS # 3029
PERSONAL NMLS # 2261101
I help YOU navigate the loan process with ease.

I loved raising a family and now I get the pleasure of helping families all over our beautiful country. No situation is the same, that's why I offer my unlimited time and vast knowledge of this industry to each client. I am not just an ordinary loan officer, I am your personal advocate that will ensure your goals are met with impeccable customer service.

Every homebuyer deserves the best financing options for their unique needs. Let me help you find yours! ...
02/24/2023

Every homebuyer deserves the best financing options for their unique needs. Let me help you find yours!

I am committed to helping you find your dream home.
02/22/2023

I am committed to helping you find your dream home.

Understanding mortgage terminology is important when making big decisions about your home! Ready to renew your home or r...
02/17/2023

Understanding mortgage terminology is important when making big decisions about your home! Ready to renew your home or refinance with a new lender? I am here to help!

When searching for a mortgage broker, it's important to find someone who possesses certain qualities that can make the p...
02/15/2023

When searching for a mortgage broker, it's important to find someone who possesses certain qualities that can make the process of getting a mortgage as smooth and stress-free as possible. 🙌🏼

⭕Knowledge and expertise in the industry.
⭕Reliability & communication is key.
⭕Another important trait is trustworthiness.

❤️Happy Valentine's Day!
02/14/2023

❤️Happy Valentine's Day!

First-time homebuyers, don't let the 20% down payment myth stop you! Take advantage of low down payment options and flex...
02/13/2023

First-time homebuyers, don't let the 20% down payment myth stop you! Take advantage of low down payment options and flexible lenders. Keep your budget in mind and shop around for the best mortgage rates to save thousands. Explore government-backed options for lower credit scores too.

For borrowers with good credit and a medium (10-15 percent) down payment, FHA loans tend to be more expensive than conve...
02/10/2023

For borrowers with good credit and a medium (10-15 percent) down payment, FHA loans tend to be more expensive than conventional loans. For borrowers with lower credit scores or a smaller down payment, FHA loans can often be the cheapest option.

FHA Loans are regulated and insured by the Federal Housing Administration (FHA), a government agency.

Let’s make 2023 the year you buy your first home! Let me know how I can help. 🏡
02/08/2023

Let’s make 2023 the year you buy your first home! Let me know how I can help. 🏡

Better bargaining power: Having a pre-approval letter shows the seller that you are a serious and qualified buyer, incre...
02/06/2023

Better bargaining power: Having a pre-approval letter shows the seller that you are a serious and qualified buyer, increasing your bargaining power in negotiations.

Faster closing time: A pre-approval letter can speed up the closing process as it shows that you are financially prepared to purchase a home.

Increased credibility: A pre-approval letter from a lender demonstrates financial stability and increases the credibility of your offer, making it more attractive to the seller.

Budgeting: Pre-approval helps you determine your budget and narrow your search to properties that you can afford.

Peace of mind: With pre-approval, you have a clear idea of how much home you can afford, and you can focus on finding your dream home without worrying about finances.

What are your mortgage questions? 🏠➡️ Is it a good time to buy a home?➡️ Are mortgage rates expected to drop?➡️ Thinking...
02/03/2023

What are your mortgage questions? 🏠
➡️ Is it a good time to buy a home?
➡️ Are mortgage rates expected to drop?
➡️ Thinking about buying but don't know the first step?
➡️ Can a mortgage be transferred to another property?
Ask away in the comments or send me a direct message! I am always happy to help ✅

HOW DOES DIFFERENT DEBT AFFECT YOUR APPROVAL 🤔Lenders like it when you manage debt well. But not all debt is created equ...
02/01/2023

HOW DOES DIFFERENT DEBT AFFECT YOUR APPROVAL 🤔

Lenders like it when you manage debt well. But not all debt is created equal.

🔹 Federal Debt

This type of debt is an instant no-go. If you owe back taxes or are in arrears, you’ll be asked to clear this debt before a lender will consider your pre-approval.

🔹 Credit Card, Line of Credit Debit

This type of debt, a lender typically looks at the entire balance to calculate the amount you should be paying every month to clear it off, regardless of how much you actually pay down per month.

🔹 Mortgage Debt

A mortgage is a type of installment debt, but usually much larger and therefore paid back over several more years (25 years is standard). Lenders will use your potential monthly payment based on your affordability number (or your actual payment if you already have a mortgage) when calculating your debt service ratios.

🔹 Student Loans

If you have pending or active student payments, lenders calculate a portion of the entire balance into your monthly debt load. For the most part, student loans carry lower interest and more flexible payback schedules, and are less weighted compared to, say, credit card debt.

Want to learn more?
Call or send me a message

Address

East Lansing, MI

Telephone

+17148876181

Website

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