Lynne Rose- Mortgage Loan Officer- NMLS ID #1176761

11/24/2023

Is the housing market finally turning a corner? Mortgage rates have been coming down. Falling inflation might help to prevent mortgage interest rates from spiking again.

Mortgage rates have been coming down. Falling inflation might help to prevent mortgage interest rates from spiking again.

10/27/2023

Discouraged or confused by home loan interest rates? I’d love to talk about it and help you proceed with confidence.

10/26/2023

Dreaming of your first home? Citizens offers affordable mortgage programs that could help you achieve your dream of becoming a homeowner.

Features of these loan programs may include:
✅ Below-market interest rates
✅ Low down payment requirements
✅ Down payment assistance
✅ Closing costs assistance

Let’s explore your options and review eligibility requirements!

10/12/2023

Despite a few blips month-to-month, housing prices really aren’t dropping in any significant way. Major contributing factors include lack of housing inventory, lots of first-time homebuyers, and record equity held by repeat buyers. What will happen to home prices next?

Home prices are persistently hovering near record highs, with little relief in sight. Here's what you should know about home prices and the market that has created them.

10/10/2023

It is a great honor to receive the “Above and Beyond” Credo Award. There are only five recipients of this award in my region each year, which are announced during Citizens’ Credo Week. I received this award in recognition of my commitment, approach, attitude, and drive to delivering exceptional customer service. I appreciate that Citizens also goes above and beyond to promote a culture that supports and acknowledges the achievements of Citizens colleagues.

Talk with Lynne Rose at 437 Madison Avenue in New York, NY to learn about home buying options, refinancing your mortgage, building a new home or financing a home renovation.

10/08/2023

How’s the fall housing market shaping up? Here are some key takeaways from the September Housing Trends report from Realtor.com®️. There are some glimmers of hope, especially for informed buyers who are ready to purchase.

With mortgage rates hitting highs not seen since the turn of the millennium, the fall housing market is shaping up to be chillier than expected.

10/03/2023

A Mortgage Recast is a process that could help some borrowers lower their monthly mortgage payments.

The borrower makes a lump sum payment (at least $5,000) toward the principal on their home loan. The loan is then recalculated based on the new, lower outstanding balance. Because the principal goes down, the monthly payment amount also goes down. Note that not all mortgage loans qualify for recasting.*

Contact me if you’d like to learn more about Citizens’ suite of loan products and services.



*Recasts can’t be performed on home equity lines of credit, FHA, VA, GNMA and USDA loans, interest-only loans, or select Bond/State housing programs.

A recast requires at least $5,000 toward your principal and a processing fee (currently $150). Service is subject to change at any time.

10/01/2023

Need a Jumbo Loan for your 1-4 family home, condo, or co-op? Citizens offers a full suite of loan programs.

✅ Competitive interest rates
✅ Low down payment options for eligible borrowers
✅ Fixed and ARM options
✅ Construction-to-permanent financing availability
✅ Borrowing options for second home and investment properties

Contact me to learn more!

09/30/2023

What’s the best week to buy a home in 2023? According to Realtor.com, it’s just around the corner. Historical trends also indicate there could be a boost in fresh listings coming onto the market.

Let’s connect on your home financing needs!

A home shopper looking to save five figures on a house should circle this week in the fall as the best time to buy a home.

09/28/2023

Earnest money is a “good faith” deposit offered to the sellers of a home to show that you’re serious about purchasing the property. The buyer and seller can negotiate the earnest money deposit amount, but it typically ranges from 1% to 3% of the sale price and could be as high as 10% in a seller’s market. Once the sale has been completed, the earnest money can be applied toward your closing costs or down payment.

Earnest money is a “good faith” deposit offered to the sellers of a home to show that you’re serious about purchasing the property.

09/26/2023

What can you do when the home appraisal comes in significantly lower than the contract price? It’s a common problem in a hot market when appraisals can’t keep up with how quickly homes are selling.

Here's how to deal with a low appraisal: Do not panic, and then consider these four options.

09/25/2023

Existing and new Citizens Private Client™️ customers may be eligible for mortgage interest rate discounts. This relationship discount could be used for everything from refinancing your existing mortgage to purchasing a new primary or second home, or an investment property.

Contact me to learn more about Citizens Private Client™️ mortgage relationship pricing.