Steven Lennon Mortgages New England

02/28/2025

Your employee benefits program plays a major role in attracting and retaining talent. Here’s a perk you can’t pass up if you’ve got 1,000+ employees.

With the Citizens Home Mortgage Corporate Affinity Program, your employees could receive $1,000 off their closing costs when they purchase or refinance into a Citizens mortgage.* There are no membership fees or commitments – just discounts! Contact me to learn more.



*Offer is valid for current employees of approved companies within the Citizens Corporate Affinity Program who apply and qualify for a first lien, closed-end mortgage from Citizens Bank, N.A. Offer may not be combined with any other promotions or discounts other than those offered through the Corporate Affinity Program. Not applicable to Bond or CRA loan programs. Other exclusions and restrictions may apply.

02/26/2025

If you're hoping to purchase soon, you may be wondering how much home you can afford in the current rate environment. I would love to run the numbers with you and help you understand your financing options, my door is always open.

02/24/2025

A home renovation can be a major undertaking, but well worth the effort! Let’s discuss your project and I can explain the available financing options.

02/20/2025

Have you heard of a jumbo loan?

A jumbo loan allows you to purchase a home that exceeds the federal loan limit of a traditional (conforming) loan. Jumbo loans can be used for primary residences, investment properties and vacation homes. Rates, requirements, and underwriting guidelines differ from that of a traditional loan.

I’d be happy to walk you through the details! Feel free to direct message me to learn more and to explore your home loan options!

02/17/2025

Citizens Retail Home Mortgage is excited to offer a lender-funded grant of up to $9,000 toward closing cost and down payment assistance for eligible first-time homebuyers that currently reside in applicable metro areas.*

Other program features include:
✅ No income restrictions
✅ Repayment is not required
✅ A lender credit for the appraisal fee - up to $500
✅ A lender credit for the first year of the home warranty cost - up to $500

Funds are limited and eligibility requirements apply. Contact me for details!

Census metro areas (effective 11/18/23):
-Baltimore-Columbia-Townson, MD
-Detroit-Warren-Dearborn, MI
-Philadelphia-Camden-Wilmington, PA--NJ-DE
-Phoenix-Mesa-Chandler, AZ
-Riverside-San Bernardino-Ontario, CA
-Washington-Arlington-Alexandria, DC-VA-MD-WV
-Fort Lauderdale, FL
-Orlando-Kissimmee-Sanford, FL
-Tampa-St Petersburg-Clearwater, FL
-Atlanta, GA
-Chicago, IL
-St Louis, MO-IL
-New York-Newark-Jersey City, NY-NJ-PA
-Cleveland- Elyria, OH
-Oklahoma City, OK
-Memphis, TN
-Brownsville-Harlingen, TX
-Dallas-Fort Worth-Arlington, TX
-Houston-The Woodlands-Sugar Land, TX
-McAllen-Edinburg-Mission, TX
-San Antonio-New Braunfels, TX

*Grant funds may have tax implications to recipients and Citizens may issue an IRS Form 1099-M. Grant recipients should consult with a tax advisor.

12/05/2024

Interest rates are falling and homebuyers are taking note - mortgage demand jumped 6% in the last week!

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.

10/17/2024

Experts say there is a possibility that the cooling economy could support lower interest rates, but warn about the dangers of waiting for the "perfect rate".

Soon after the Fed lowered interest rates last month, mortgage rates reached a 2024 low point, but the news has not been as good since.

10/03/2024

Good news for homebuyers - mortgage forecasters are anticipating more drops in 30-year mortgage rates by the end of the year.

Mortgage rates have dropped over the past year by more than 1 percent.

09/26/2024

Mortgage refinances surge 20% in the wake of the Fed rate cut.

Applications to refinance a home loan surged 20% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

09/19/2024

The Federal Reserve has finally cut interest rates - what does this mean for your homebuying dreams?

The first rate cut in years will affect many types of consumer products. Here's what it means for credit cards, mortgage rates, auto loans and savings accounts.