Honest Rate

08/11/2026

We love helping our clients and ensuring real estate agents have a great experience!

08/03/2026

07/29/2026

Should you ask the seller to lower their price or seller's concessions?

https://www.youtube.com/watch?v=0UuKo_4nyeo

Honest Rate | NMLS #2710620 | Equal Housing Opportunity
This is not a commitment to lend. All loans are subject to credit approval, underwriting review, and program guidelines. Loan terms, rates, fees, and program availability may vary based on individual circumstances and are subject to change without notice. Not all borrowers will qualify.

Thinking about asking the seller for a discount? Should you ask for...

07/29/2026

Making an offer on a house - Should you ask for a lower purchase price or sellers concessions?

Read Full Article here to learn the pro's and con's of each strategy:
https://honestrate.com/lower-price-vs-seller-concessions/

Honest Rate | NMLS #2710620 | Equal Housing Opportunity
This is not a commitment to lend. All loans are subject to credit approval, underwriting review, and program guidelines. Loan terms, rates, fees, and program availability may vary based on individual circumstances and are subject to change without notice. Not all borrowers will qualify.

07/10/2026

Financing a condo is NOT always easy! Here's a few things to know if you're thinking about buying one.

Honest Rate | NMLS #2710620 | Equal Housing Opportunity
This is not a commitment to lend. All loans are subject to credit approval, underwriting review, and program guidelines. Loan terms, rates, fees, and program availability may vary based on individual circumstances and are subject to change without notice. Not all borrowers will qualify.

07/07/2026

Case Study #3: Not Every "Condo" Is Really a Condo

A first-time homebuyer recently found what looked like the perfect home in Perry, Ohio—but there was one concern.
The property was legally classified as a condominium. 😨

Does the condo need to be FHA approved?

Not always.

This home was actually a "site condo".

In simple terms? It means it’s detached single-family home that's legally organized as a condo.

Is this a problem? Does it take longer?

Nope! Because of the way FHA treats many site condos, we were able to finance the purchase without requiring the project to have FHA condo approval.

The result?

✅ First-time homebuyer
✅ FHA financing
✅ Closed 2 weeks early

Every property is different. Before assuming a condo won't work with FHA financing, it's worth having an experienced lender review it first.

Condo questions? www.honestrate.com or email [email protected]
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Honest Rate | NMLS #2710620 | Equal Housing Opportunity
This is not a commitment to lend. All loans are subject to credit approval, underwriting review, and program guidelines. Loan terms, rates, fees, and program availability may vary based on individual circumstances and are subject to change without notice. Not all borrowers will qualify.

06/30/2026

🏡 TUESDAY CASE STUDY: A Divorce Didn't Have to Mean Losing the Home
A homeowner came to us after going through a divorce.
As part of the divorce agreement, she needed to refinance the mortgage into her name alone.

The challenge?

She had already spoken with several lenders and either received the runaround or was told she had to go with an FHA loan, which meant the payment was higher than she was comfortable with.

When we reviewed her situation?

We found that she could in fact qualify for a conventional mortgage. Our rules for conventional mortgages weren’t the same as the other lenders were telling her.

The outcome?

✅ Refinance completed in her name only
✅ Lower interest rate than expected
✅ Lower monthly payment
✅ Financial independence and peace of mind moving forward

One of the biggest misconceptions in mortgage lending is that every lender has the same rules.

They don't.

Different lenders have access to different programs, investors, and guidelines. Sometimes the difference between a "no" and a "yes" is simply talking to someone who has more than one option available.

At Honest Rate, we believe in looking at the full picture before giving an answer.

Question about a home loan? visit us at www.honestrate.com or email [email protected]
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Honest Rate | NMLS #2710620 | Equal Housing Opportunity
This is not a commitment to lend. All loans are subject to credit approval, underwriting review, and program guidelines. Loan terms, rates, fees, and program availability may vary based on individual circumstances and are subject to change without notice. Not all borrowers will qualify.

06/22/2026

🏡 CASE STUDY: Another Lender Said There Were No Better Options

A self-employed borrower came to us after being told they didn't qualify for a conventional mortgage and had to use a higher-rate financing option to purchase their home.

When they later asked about refinancing, they were told there still weren't any better options available.

We reviewed the situation from multiple angles, including tax returns, business bank statements, and rental income.

During our review, we found qualifying income that had been overlooked.

The result?

✅ Conventional financing approval
✅ Lower interest rate
✅ Lower monthly payment

Sometimes the difference isn't the borrower. It's the approach.

Have questions about your mortgage options? Let's talk.
www.HonestRate.com
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Honest Rate | NMLS #2710620 | Equal Housing Opportunity
This is not a commitment to lend. All loans are subject to credit approval, underwriting review, and program guidelines. Loan terms, rates, fees, and program availability may vary based on individual circumstances and are subject to change without notice.