Augusta, ME: A LeaderOne Community

06/02/2023

After filling out a mortgage application with your LeaderOne loan officer, they will go through a process of determining how much house you can afford based off of these 4 things:

- monthly income
- available funds for down payment/closing costs
- monthly expenses (debt)
- credit score

Want to know how much house you can afford today? Contact us! It's always free 😁

05/31/2023

Let's save you $$$$ on your new home! Contact us today to find out more.

05/26/2023

Before we all have a nice long weekend of family, friends and barbeques, let's take a moment to reflect on why we have this holiday. We honor and mourn those who have given their lives for our country. We thank you and your families for your sacrifice

05/25/2023

Debunking VA Home Loan Myths with LeaderOne:

1. VA loans are denied at a higher rate - FALSE!
VA Home Loans have the lowest denial rate among all products.

2. VA loans are expensive for Veterans - FALSE!
VA loans have the lowest origination fees, the lowest interest rates, and the lowest rate spread.

3. People with weak financial backgrounds use VA loans and other "no down payment" mortgages to buy homes - FALSE!
Veteran homeowners have an18x higher net worth than home renters

4. FHA or Conventional loans are better for Veterans than VA loans - FALSE!
Veterans have the option of a low interest rate, availability of special features for first-time homebuyers, closing costs are strictly regulated by the VA, and no down payment through the VA loan program

5. VA loan appraisals are slow to process and usually come back with low values - FALSE!
On average, VA loan appraisals take 7 to 10 days to complete, which is typical of both Conventional and FHA loans.

6. Sellers have to pay all closing costs - FALSE!
Fees for origination, appraisal, title, discount points, credit reports, and well and septic inspections must be paid at closing. The only costs the Veteran cannot pay are the Wood Destroying Inspect Report (WDIR) fees, but anyone may be able to cover them.

7. VA loans can only be used once - FALSE!
VA loans must abide by underwriting guidelines, but subsequent and repeated use is allowed.

05/24/2023

Start the process of finding your dream home, by getting pre-approved with LeaderOne!

05/23/2023

We are all guilty of saying "I'll do it later". How many of those times does saying "I will do it later" turn into never? Don't let that happen when it comes to buying a home. If you want and are able, there is no better time than now! Let our team help and guide you along the way to a new home.

05/22/2023

LeaderOne has been a trusted VA lender since 1992. Not sure of your eligibility or want to find out more! Reach out to us! We are here to support you in finding a home.

05/19/2023

We would bet that would pertain to finding a lender as well. We live in an online world, which is why we believe it is pertinent to be present to be noticed.

05/18/2023

05/17/2023

Whether you're a first-time homebuyer, seasoned real estate investor or simply looking for refinancing options, our team emphathizes with you and ensures that you recieve the right mortgage for your unique financial situation at a competitive and fair price.

05/08/2023

While the market is shifting, it does not hurt to be prepared for a possible bidding war. Here are 3 tips to help you be ready 😊

1. Get Pre-Approved: this shows the seller and their realtor that your finances have been reviewed by a loan officer and you are a solid buyer.

2. Know what you can afford: being prepared to cover monthly expenses beyond your mortgage, like general upkeep, utilities, etc. will allow you to know what your top offer can be

3. Make your best offer: if your offer isn't competitive, it probably won't be considered. Your real estate agent can help you determine what factors make your offer more enticing

Being prepared means you'll be able to move quickly and confidently.