Lemons Group Mortgage

05/29/2026

The "All In One Loan"-It's a powerful financial tool Lemons Group is offering. it combines your mortgage and everyday banking into one account designed to help reduce interest costs and potentially pay off your home faster.

If you want to learn more about this product, please don't hesitate to reach out or click the link!

No other mortgage product does as much to lower costs and maximize the benefits of homeownership. Click the link below to get more information about this amazing loan product. 

04/29/2026

If you are interested in investing in real estate this year or in the future, DSCR loans are a great option!

Here’s what makes DSCR loans so powerful:
• No personal income verification (no tax returns or W-2s required)
• Qualification based on the property’s cash flow
• Ideal for self-employed borrowers and investors
• Perfect for rental properties (long-term or short-term)
• Faster, more flexible approvals

Whether you’re buying your first investment property or scaling your portfolio, DSCR loans can open doors that conventional financing often can’t.

Reach out to us if you want more information or curious if you qualify!

02/26/2026

Here’s what’s happening in today’s market:

Only 29% of buyers paid cash in December — the lowest level for that month since 2020.

Cash purchases peaked near 35% in late 2023 when rates were in the high 7s.

30-year fixed rates are now averaging around 6.09%.

Sellers currently outnumber buyers by 47%, creating one of the strongest buyer’s markets we’ve seen in years.

In some cases, cash buyers are securing homes 10–20% below appraised value.

What this means for you:

With less competition and fewer all-cash offers dominating the market, financed buyers are in a much stronger position than they were over the past couple of years. You may not need to waive every contingency or stretch beyond your comfort zone just to compete.

If you previously assumed you couldn’t compete against cash — it may be worth taking another look.

If you'd like to review your options, see what your numbers look like today, or just talk through strategy, we're happy to connect. Even a quick conversation can bring clarity.

29% of homebuyers paid with cash in December—the lowest share for that month since 2020—amid a drop in mortgage rates.

07/24/2025

Move in with 1% DOWN:

We wanted to share a loan product that might be able to help you save money and move you into a new property.

If you are tight on cash or hesitant to buy in the current market because of the down payment, we have fantastic news for you! With our program, you can move into your dream home with just 1% down.

-Put 1% down and your lender adds an additional 2%, for a total of 3% down.
-Gift funds can be used for your entire down payment
-Keep more money in your pocket for furniture, house repairs and maintenance.

We understand financing a house can be a hassle. We want to provide as many programs as possible to help give you the tools to not wait on the sidelines but to take action!

We are here to help, call us to discuss your options!

Mike Lemons, Loan Originator
NMLS # 289540
[email protected]

06/20/2025

June Mortgage Market Update:

We wanted to share a quick update on the mortgage market, since the Feds just concluded a two-day meeting on June 17th-18th. Below are some key points from the last meeting and the impact it has in the mortgage industry:

What the Fed did

• Held the federal funds rate at 4.25-4.50% for the fourth meeting in a row
• Sent a message that two small rate cuts are still likely to happen this year. They will be more cautious then previously suggested due to tariff-driven inflation risk.
• Emphasized a “data-first” approach-waiting to see how tarrif’s play out before moving.

What this means for mortgage rates

• Mortgage rates don’t move exactly in step with the Fed’s rate; they are influenced by mortgage bond markets.
• Historically, after Fed holds 30-year mortgage rates typically stayed flat, shifting only a few basis points
• In fact, over the past three months, 30-year fixed rates have hovered in a tight range of 6.62%-6.89%

Bottom line for borrowers

• The Fed hold means no immediate drop in mortgage rates—expect them to stay in the mid-to-high 6% range.
• Any future rate cuts (likely in September and December) could eventually bring them down, but not drastically and not before then
• Short-term outlook: steady rates, unless inflation data or bond yields shift significantly.

In simple terms: The Fed took a “slow and steady” approach—no rate hike, but cautious about cutting. That keeps mortgage rates flat for now, and any relief for home buyers will likely be gradual later this year.

Please reach out to us with any questions you have or if you would like to get some loan estimates if you are planning on purchasing/refinancing a property this summer:

05/30/2025

03/31/2025

Interested in accessing your home equity? We now offer Home Equity Loans through NFTYDoor digital lending platform. This is by far the best HELOC product we have on the market right now. It’s all done digitally and it closes super quick. All you will need to do is click the link below and simply fill out the items, see your prequalification results instantly. There is no obligation or credit check at this stage of the process, only if you choose to accept and move forward!

1-4 unit primary/investment or 1 unit 2nd home

Condos Eligible

Minimum 640 FICO

Max DTI is 50%/ Max CLTV is 80%

No appraisal required

Allows Co-borrowers

5 year interest-only Draw Period

No wait periods After Purchase

Whether you need to access your equity to pay off credit card debt, home renovations or other reasons, this product is quick and painless. Feel free to contact us if you want more details or click the link below to see if you prequalify!

02/28/2025

February Mortgage Market Update:

We wanted to share a quick update on the mortgage market, as we've seen some positive movement in rates recently.

Mortgage rates are closely tied to the bond market, and over the past week, demand for bonds has been strong. This has helped push mortgage rates lower.

Even as the stock market has tried to recover, bonds have held steady, keeping rates down.

While today was a quieter day, bond prices improved slightly, leading lenders to offer modestly lower rates. As a result, the average 30-year fixed mortgage rate is now at its lowest level since December 10.

If you're considering a home purchase or refinance, now could be a great time to explore your options. Let us know if you have any questions or if you'd like to discuss your situation.

As of today the current 30YR Fixed rate is sitting at 6.78% (This can vary depending on a borrowers specific situation) (written as of 2/26/2025)

If you are interested in purchasing a property this year or refinancing, we would love to help you out and figure out the best path forward. Don't hesitate to reach out!

01/30/2025

We recently partnered with CMG to offer a product that we believe is beneficial for some homeowners and is a solution to the traditional 30 year fixed mortgage. This product is called an “All In One” Loan. It is a home equity line of credit loan that combines banking and home financing. If you’re like most Americans, you probably earn more in just 5 years than you owe on your mortgage. But cash is a depreciating asset, and despite low interest rates, mortgages cost copious amounts of interest, not to mention, delay progress with building home equity. The All In One Loan is a solution to both obstacles because it combines the two into one fluid financial instrument.

Please reach out to us if you would like more information on this loan product. We have tons of resources and information on this loan type.

12/23/2024

We would like to wish you a great holiday! We hope you enjoy the holiday and New Year with Family and loved ones. Thank you for trusting us with your Mortgage needs and we hope to be a continued resource for this upcoming year.