Peace Home Lending

09/19/2025

The Fed cut rates by 0.25%. This lowers the Prime Rate, which impacts credit cards and other variable-rate loans. Mortgage rates, however, had already adjusted in anticipation of the move and are not directly tied to the Fed’s decision.

08/07/2025

The proof is in the pudding.
DSCR purchase ✅
4-unit ✅
Fully occupied ✅
2-week closing ✅
Assignment of contract (yep—wholesale deal) ✅
WTH?! Yep… closed. 🏁

07/22/2025

In case you missed it, Fannie Mae and Freddie Mac will now accept VantageScore 4.0—in addition to traditional FICO scores—for mortgages they back. VantageScore 4.0 uses a different scoring algorithm, which may expand access to credit for some borrowers compared to traditional models.

However, lenders aren’t required to switch yet. The FHFA announced this change on July 8, but the detailed implementation guidance is still in development, and there's no official launch date. Lenders will need time to prepare their systems and workflows before offering this scoring option.

For more background on what this means for mortgages, check out this article from Realtor.com:
https://www.realtor.com/news/real-estate-news/fannie-freddie-vantagescore-fico/

Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess creditworthiness.

07/17/2025

Fannie Mae and Freddie Mac have announced they will begin allowing the use of VantageScore 4.0 for mortgage evaluations. This marks a shift from relying solely on traditional FICO scores and may broaden access to credit by incorporating alternative payment data like rent and utility history.

Lenders are not yet using the new score, as implementation plans and technical guidelines are still being developed. No official rollout date has been set.

We’ll continue to monitor updates as this change moves forward.

07/15/2025

Just saw that mortgage insurance will now be tax‑deductible under the new One Big Beautiful Bill—something that wasn’t deductible before! 🎉 This could mean real savings for homeowners who put less than 20% down.

That said, it’s not a blanket deduction—there are income limits, loan limits, and specific eligibility requirements. We can help confirm if your loan qualifies, but be sure to check with your CPA or tax professional to confirm your individual eligibility.

07/09/2025

Still taking applications through the end of the week. This is a great opportunity for someone licensed and ready to shine—especially if you’re looking to scale your income as our team continues to grow.

Apply here 👉

Peace Home Lending

07/02/2025

A renter got the chance to buy the home they were already living in — first shot before it hit the market. They didn’t want to move, but cash was tight.

We put together an 80/20 loan structure, paired it with a seller credit, and the result? They bought the home and brought no money to closing.

This approach isn’t for everyone, but in the right scenario, it works.

They stayed in the home they loved, became a homeowner, and walked in with instant equity.

06/30/2025

We're hiring a Licensed Mortgage Broker Assistant in Fairfax, VA (hybrid). If you're licensed, organized, and ready to support a high-performing mortgage team, we’d love to connect.

Apply here 👉

Peace Home Lending

06/25/2025

Wine tasting, anyone? 🍷

We lined up 9 bottles for the night—any guesses which ones made the cut?

What’s your go-to wine when you're trying something new?

06/19/2025

Potomac River, DC for your viewing pleasure

06/17/2025

Caught this shot at the Kennedy Center lit up in red, white, and blue—a moment that should stir a sense of pride.

But I need to say something. As helicopters flew overhead for the Army parade, I saw a group of young adults standing nearby, flipping off the choppers. I wasn’t at the parade, but here in DC, you see and hear everything overhead.

Look—I get that people are frustrated. Politics are messy, and decisions don’t always sit well. But giving the middle finger to soldiers flying overhead? That’s not activism. That’s ignorance. These are men and women who serve—some barely older than those making that gesture. Disagree with the system all you want, but don’t confuse disrespect with taking a stand.

There’s a difference between protest and petulance. And we need to do better.

06/12/2025

Just retired. New job. No income history yet — and now 1099.
Most lenders would’ve hit the brakes.
But with a strong down payment, a signed employment contract, and confirmation of no self-employment expenses, we got it done. No Fannie Mae approval needed.
This wasn’t a textbook loan — it was a niche scenario that required strategy, not guesswork.
It’s a reminder: not every borrower fits the guidelines, but that doesn’t mean they can’t close.
That’s exactly why buyers — and agents — come to us.