Amy Lykins - Mortgage Loan Originator

Amy Lykins - Mortgage Loan Originator Mortgage Loan Originator | NMLS 2349795

As the market shifts and more home buyers enter the market, this is a frequently asked question: How do you improve your...
04/03/2023

As the market shifts and more home buyers enter the market, this is a frequently asked question: How do you improve your credit score?

1️⃣ Make regular payments & pay down your balance

2️⃣ Stop applying for new credits & if needed, only close your newer accounts

3️⃣ Be selective of the credit products you apply for

4️⃣ Keep your credit utilization low (TransUnion recommends keeping your credit utilization under 35%)

5️⃣ Maintain a healthy mix of credit

🔱The golden rule: don’t bite off more than you can chew.
💬If you are struggling with debt and are concerned that your only options to dig your way out seem to be to take on more debt, talk to your financial advisor!

Your down payment plays an important role when you’re buying a home. A down payment is a percentage of your home’s purch...
03/29/2023

Your down payment plays an important role when you’re buying a home. A down payment is a percentage of your home’s purchase price that you pay upfront when you close your home loan. Lenders often look at the down payment amount as your investment in the home. Not only will it affect how much you’ll need to borrow, it can also influence:

🏠 Whether your lender will require you to pay for private mortgage insurance (PMI). Typically, you’ll need PMI if you put down less than 20% of the home’s purchase price.

🏠 Your interest rate. Because your down payment represents your investment in the home, your lender will often offer you a lower rate if you can make a higher down payment.

So how much of a down payment will you need to make? That depends on the purchase price of your home and your loan program. Different loan programs require different percentages, usually ranging from 5% to 20%... But guess what!! You do NOT always need to put 20% down!

Let's talk about what this looks like for you: AmyLykins.com

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Your first home purchase is a big one! And it can be costly if you don’t have the right mortgage specialist ( Hello 👋 ) ...
03/27/2023

Your first home purchase is a big one! And it can be costly if you don’t have the right mortgage specialist ( Hello 👋 ) to guide you through it.

Here are some common mistakes to avoid:

🔸 Only getting one mortgage rate
🔸 Not knowing the budget before home searching
🔸 Not checking credit reports
🔸 Not looking for first-time homebuyer programs
🔸 Applying for credit before the sale is final

These mistakes can be costly and devastating! Make sure you work with a resourceful and experienced mortgage broker, like me, to guide you well and make your experience an enjoyable one!

Don't wait any longer.Stop dreaming and start living in your dream home with a pre-approved mortgage! By getting pre-app...
03/20/2023

Don't wait any longer.

Stop dreaming and start living in your dream home with a pre-approved mortgage! By getting pre-approved for a mortgage, you'll know how much you can afford, giving you the confidence to start house hunting. Plus, a pre-approval can speed up the home-buying process and make your offer more attractive to sellers. Don't wait - take the first step towards homeownership today with a pre-approved mortgage.

Visit our website:
AmyLykins.com

I was just asked - "Why do I need to work with a loan officer that I know, like and trust? Why can't I just work with th...
03/17/2023

I was just asked - "Why do I need to work with a loan officer that I know, like and trust? Why can't I just work with the first person referred to me?" SO, I did a little Google search and thought this was extremely beneficial to share:

If you’re looking to obtain a mortgage for your dream home, you’ve likely heard of loan officers... A licensed loan officer is required to obtain a mortgage, but what does a loan officer do? Why is working with a loan officer necessary, and what is their role in the mortgage loan process?

A loan officer can help you find the right loan type and mortgage terms for you. Because a loan officer is such a key player in the process of finding a mortgage, knowing how to choose a loan officer and what qualities to look for are essential in ensuring you get the best mortgage for you.

The duties of a loan officer include visiting loan applicants and completing lots of paperwork, especially for mortgages. Loan officers also possess comprehensive knowledge of the industry and excellent customer service skills. A loan officer is licensed with the necessary federal and state authorities and adheres to the regulations of the lending process. A loan officer will bring their expertise to the table when they work with you.

Loan officers know all about the many types of loans a lender may offer, and they can give you advice about the best option for you and your situation.

Discuss your needs with your loan officer. They can help direct you toward the best loan type for your situation, whether that’s a conventional loan or a jumbo loan. They can even help with reverse mortgages and construction loans.

Oh yes, I AM A LOAN OFFICER that would be happy to serve you! 704-677-2235

You've been hearing talk of buying a home... rumor has it - NOW is the time to start looking. BUT you need to make sure ...
03/14/2023

You've been hearing talk of buying a home... rumor has it - NOW is the time to start looking. BUT you need to make sure you are pre-approved so you know what you can afford!

But first, WHY should you purchase a home?

Purchasing a home is a great way to invest in your future. It can provide you with a sense of security and stability in your life while giving you the opportunity to build long-term wealth.

Owning a home can also provide you with tax advantages, as well as increase your net worth over time. Additionally, owning a home can give you the freedom to personalize and customize your living space, and make it truly your own.

How can I assist you on your home-buying journey?!
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Soooo, rumor has it, you've considered buying your first home, or your second, orrr maybe your third?! Regardless, finan...
03/13/2023

Soooo, rumor has it, you've considered buying your first home, or your second, orrr maybe your third?! Regardless, financing a home is one of the biggest commitments you will ever make – let our team help guide you through the loan process! 🏠

We offer various loan options to help you achieve homeownership with the speed and service you deserve. Whether you're looking to buy, build or refinance, our experienced mortgage professionals are here to help.

To learn more about our services, visit AmyLykins.com
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03/12/2023

I was recently asked, "what exactly does a loan officer do?" Well, I am so happy you asked!!

A loan officer is a professional employed by a financial institution who is responsible for assessing a customer’s financial information and determining their eligibility for a loan. We also manage the loan process, including working with you (the home buyer) to gather all necessary documents and information and ensure the loan is structured correctly.

Loan officers also advise the home buyer on the most suitable loan type and payment terms, and answer any questions you may have. Loan officers play a vital role in helping customers achieve their financial goals - so, let's talk about how I can help you during your home buying process!!

Here are 5 things you need to know about buying a home in 2023:✨ Research the local housing market to determine the best...
03/10/2023

Here are 5 things you need to know about buying a home in 2023:

✨ Research the local housing market to determine the best time to buy. Look at the current prices of homes in the area and compare them to recent trends.

✨ Get pre-approved for a mortgage before you start looking for a home. Knowing how much you can afford and what interest rate you qualify for can help you narrow down your options... so let's talk about it!! >>> AmyLykins.com

✨ Make sure you have a thorough home inspection done before you buy. This will help identify any potential issues that may need to be addressed before you make the purchase.

✨ Consider all of the associated costs of buying a home. This includes closing costs, taxes, insurance, and maintenance expenses.

✨ Work with a real estate professional who can help you navigate the process. They can provide valuable insight and advice to help make sure you find the right home at the right price.

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Can I let you in on a little secret?... Are you ready for it? We are about to announce a loan solution that might be jus...
03/09/2023

Can I let you in on a little secret?...

Are you ready for it? We are about to announce a loan solution that might be just PERFECT for you and your needs when buying a home. I am TOO EXCITED to keep it a secret anymore so I wanted to share it with my closest friends only. Promise not to tell?

If you want to learn more about it!! Just give me a call 704-677-2235 and we can decide if it's the perfect fit for you.

"Home ownership is the cornerstone of a strong, secure future. It's a big step, but one that will bring you a lifetime o...
02/28/2023

"Home ownership is the cornerstone of a strong, secure future. It's a big step, but one that will bring you a lifetime of joy, satisfaction, and pride."

\\ here's to 2023 homeownership \
02/27/2023

\\ here's to 2023 homeownership \

Address

8712 Lindholm Drive Suite 206
Huntersville, NC
28078

Telephone

+17046772235

Website

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