Christina Durst - NMLS - 2630159 Lending Heights

04/15/2025

We had a fantastic turn out and couldn't have ask for better partnership with Preferred Settlement Solutions, LLC & Lea Steadman, NMLS 1482256- Lending Heights. Thanks to everyone who participated. See everyone for the next Event!

03/17/2025

📊💳 **Understanding Your Credit Score: What You Need to Know!** 💳📊

Your credit score plays a huge role in your financial life, especially when it comes to securing a mortgage. But what *exactly* does it mean?

🔑 **What’s in Your Score?**
Your credit score is made up of five key factors:
1️⃣ **Payment History (35%)**: Paying bills on time is the #1 way to boost your score.
2️⃣ **Credit Utilization (30%)**: Keeping your credit card balances low (under 30% of your limit) helps.
3️⃣ **Length of Credit History (15%)**: The longer your credit history, the better.
4️⃣ **Types of Credit (10%)**: A mix of credit cards, loans, and mortgages can improve your score.
5️⃣ **New Credit (10%)**: Too many credit inquiries in a short time can hurt your score.

💡 **Why Does It Matter?**
A higher credit score means lower interest rates, better loan terms, and more financial opportunities.

Understanding your score and how it works can set you up for financial success. Need help improving your credit? Let’s chat!

03/16/2025

🚫🏡 **Why 40% of Mortgage Denials Aren't About Your Credit Score—But Your Credit Usage!** 🏡🚫

Did you know? 40% of mortgage denials are NOT because of a low credit score, but because of **how you use your credit**! 🤯

Here’s why it matters:

💳 **Credit Utilization**: Lenders look at how much of your available credit you're using. If you're consistently maxing out credit cards or using a high percentage of your limit, it signals to lenders that you might be overextending financially—even if your score is decent.

📊 **Debt-to-Income Ratio**: High credit usage can increase your monthly payments and affect your debt-to-income ratio, making it harder to qualify for a mortgage.

👉 **Tip**: Aim to keep your credit utilization below 30% to improve your chances of approval! 🚀

Even if your credit score is healthy, managing your credit wisely can make all the difference in getting that mortgage approval! 🏠💫

03/15/2025

💡🏡 **What Determines Your Mortgage Interest Rate?** 🏡💡

When it comes to your mortgage, your interest rate can make a big difference in what you pay over time. Here are the key factors that influence your rate:

1️⃣ **Credit Score**: The higher your score, the better your chances for a lower interest rate! Lenders see a higher score as a sign of lower risk.

2️⃣ **Down Payment**: The more you put down upfront, the less risky the loan appears to lenders, which can lead to a better rate.

3️⃣ **Loan Type**: Fixed-rate vs. adjustable-rate mortgages (ARMs) can affect the rate you get. ARMs may start lower, but can change over time.

4️⃣ **Loan Term**: Shorter terms (like 15 years) often come with lower rates, while longer terms (like 30 years) may have higher rates.

5️⃣ **Market Conditions**: Interest rates are also influenced by the broader economy and market trends, which are outside of your control but can still impact your rate.

Remember, the right mortgage can save you thousands in the long run. Reach out to a mortgage broker to find the best rates for YOUR situation!

03/14/2025

🥧📐 **Happy Pi Day! (3.14)** 📐🥧

On , we celebrate the endless possibilities of the number π, just like the endless possibilities when it comes to your mortgage options! 🏡💡

Just like Pi, which goes on forever, the journey to finding the right mortgage can feel like a never-ending equation. But with a mortgage broker by your side, we can help you find the perfect solution for your home, simplifying the process and ensuring you get the best deal. No more complicated calculations, just smart, straightforward guidance.

So, whether you're buying your first home or refinancing, let us help you “calculate” the best mortgage options—no formula required! 😉

03/13/2025

💰🏡 **How Are Mortgage Brokers Paid?** 🏡💰

Curious about how mortgage brokers make money? Here’s the breakdown!

🔑 **They’re Paid by Lenders**: Most mortgage brokers are compensated by the lender when you close on a loan. This is usually a percentage of the loan amount, meaning brokers have a financial incentive to find you the best deal!

💸 **No Cost to You**: In many cases, you won’t pay your broker directly! The lender covers the broker’s fee, so it’s a win-win for you—no upfront costs, and expert guidance through the mortgage process.

👨‍💼 **Transparency is Key**: A reputable mortgage broker will always be upfront about how they’re paid and any fees involved, ensuring no surprises.

So, if you’re looking for personalized mortgage advice without the extra cost, a mortgage broker could be the way to go!

02/13/2025

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02/12/2025

01/31/2025

I'm done with you! Feel the same? It might be time for a fresh start with a refinance. Reach out today!

01/30/2025

VA loans provide a powerful path to homeownership. With likely no down payment and competitive rates, these options are designed to honor your service. Welcome home!

01/29/2025

This winter, simplify your homebuying journey with me. Enjoy the convenience of getting a new home loan or refinancing from the comfort of your home, even on the coldest days. Stay cozy and send me a DM!