Alex Wright at First Heritage Mortgage - OBX

06/03/2025

Most of us know that when preparing to buy a home, we need to save money for the down payment. But don't forget about closing costs! 🏡

Closing costs encompass all of the appropriate costs generated in the transaction and are paid on the day of closing. These can include appraisal fees, attorney fees, escrow funds, and any points negotiated in the deal. Closing costs are typically 3% - 6% of the loan amount. 💰

If you have questions about closing costs, reach out to me today! I may be able to match you with a grant fund that can fund all or most of your closing costs. 📲

05/15/2025

I wrote this article about how to structure a loan for a lower mortgage payment. Check it out!

https://www.linkedin.com/pulse/housing-affordability-crisis-analyzing-5-price-alex-wright-nj5ke/?trackingId=KPAttDyKQVKGuqL8Cb%2B5ZA%3D%3D

05/13/2025

If you are renting your living space now and thinking about purchasing, house hacking may make it more affordable. House hacking involves purchasing a house to be your primary residence and then renting out the space that you are not using. 🏡

If you are financially prepared to buy a house but might need a little help with the monthly payment, house hacking might be for you. Schedule a consultation with one of our loan officers today to find out what you can afford. 📲

05/06/2025

If you own your home and have built up substantial equity, you have access to a very effective debt consolidation tool — your mortgage. 🏡 If you have substantial debt from credit cards, hospital bills, or student loans, you may consider refinancing your mortgage to consolidate your debts. 💸 Contact me to find out if this is right for you! 📲

04/30/2025

I am proud to share that First Heritage Mortgage was ranked #25 on Mortgage Executive Magazine’s list of the Top 50 Mortgage Companies by 2024 loan volume! 🎉

Learn more about this award here 👉 https://brev.is/Saj0Y

02/11/2025

First deal of the year closed with Michael Milteer and hopefully many more to come in 2025! Thanks again for the referral!

Like Michael says in the video, a successful real estate strategy is a proactive one! If you're thinking of buying or selling make sure to reach out to him. Phone is 7579653-4878 and email is [email protected]

02/04/2025

What you consume matters; once I break down this scenario he provides, you may feel a little differently about what's possible.

01/29/2025

https://www.linkedin.com/pulse/impacts-new-administration-alex-wright-vlgze/?trackingId=vRh91DFYQHuPUkWdsDCCXg%3D%3D

Interest Rate and Economic Commentary: I've been a bit short on interest rate and economic commentary lately, but with the new Trump administration, I thought it was time to touch on this topic. Mortgage rates haven't had a favorable run over the past three months.

12/19/2024

If your dream is to build a vacation home/rental home. Watch this video of how we made it happen!

Ed and I discussed his loan scenario for about 6 months prior to his loan application with the hope to build a dream vacation home. We both couldn't be more ...

12/18/2024

I have witnessed HELOC'S be one of the best investing tools to change someone's life financially. Check out my newsletter in the story!