Scott Silverstein - Home Loan Consultant NMLS 1445513 and 3013

11/29/2023

The down payment is one of the biggest hurdles to homeownership. But with a little creativity and planning, you may be able to buy a home with a low- or even no-down-payment mortgage. Read more here: https://www.newrez.com/blog/mortgage-101/buying-a-home-with-a-low-down-payment/?fbclid=IwAR3WL8QKyrc1mfFxSBfpY5ffgb0c5Bh_RZp0ARPPbyJL7NmE9_PuV-u5ZKs

11/27/2023

Ever heard of "house hacking?" It's the latest trend among Gen-Z and Millennial homewoners, and entails renting out part of your home for an additional stream of income. In fact, more than half of the Gen-Z and Millennials surveyed said that they view house hacking positively. Read more here:

Gen Zers and millennials are using "house hacking" as a way to secure homeownership in a tough market. Here's how the strategy works.

11/24/2023

If you’re considering buying a new house, there are many new people you will soon meet. In fact, it seems that everywhere you turn when buying a home, there is another face in the room.

Each person involved has a role to play, from helping you find your dream home to setting up the perfect mortgage loan. Contact me today to learn how I can help you!

11/23/2023

Happy Thanksgiving to you and yours!

11/20/2023

International Volunteer Day is December 5th. In honor of that, check out the link below for volunteer opportunities throughout Northern Virginia! What better way to celebrate the holiday season than to give back to our communities.

https://workinnorthernvirginia.com/culture/community-service/

11/17/2023

With reports that inflation is cooling, many people are wondering if mortgage rates will also drop? If rate rises are indeed over, the Fed may well have to look into cutting rates. Only time will tell, however.

https://dc.urbanturf.com/articles/blog/with_inflation_cooling_will_mortgage_rates_continue_to_drop/21686?fbclid=IwAR2iKvSStQOvQ4zx6ralCrPJlRBW5wZTDbZtsptb3Rr9MpNbTldc2V5Ctnw

Last week, long-term mortgage rates saw their largest one week drop in a year. With a new report out Tuesday that shows inflation cooling, that trend could continue.

11/17/2023

If you’re looking to buy your first home, your history of paying rent may positively impact your mortgage approval. It's not too good to be true! Contact me today to learn more!

11/15/2023

Caliber believes the lending business shouldn't just be about home loans - it should be about homeowners. That's why our employees get to know our customer's real needs, through final closing, and beyond.
Contact me today to learn how I can help you get into the home of your dreams.

11/08/2023

Non-qualified mortgages are opening the door to homeownership for a variety of homebuyers – even first-time homebuyers. Non-qualified mortgages are non-traditional mortgages with more lenient qualifying criteria built to position homebuyers with an opportunity to own their homes. For some borrowers, a non-traditional mortgage is the only option that puts them on the path to homeownership. Check out the differences between qualified and non-qualified mortgages in the graphic below, and then give me a call to discuss your options!

11/07/2023

With lower rates and flexible loan terms, ARMs are beneficial to a variety of home buyers – affording borrowers with home buying opportunities they didn’t know they had! In fact, ARMs in more demand now due to the high interest rates. Contact me today to learn more!