Brenda Ratliff Mortgage Broker NMLS #32941

08/03/2024

Exciting News, Friends! 🌟

If you've been holding off on your house hunt waiting for lower rates, now's the moment you've been waiting for!

This week’s reports brought some fantastic news with improvements in the bond market, creating better conditions for home buyers. 🏡✨

Let's make your dream home a reality! Reach out if you have any questions or need guidance. I'm here to help!

12/26/2023

Hey! This is why the housing market isn't going to crash. There just simply aren't enough houses to buy. Like millions of houses short of what we need and we are not building single family homes fast enough.

The rates are down and now is the best time to buy before it gets wild again in the spring. PLUS this housing shortage means that your home value is going to continue to increase.

https://www.axios.com/2023/12/16/housing-market-why-homes-expensive-chart-inventory

09/17/2022

Conventional mortgage loan limits just got bumped up to $715,000 with my lenders!

What does this even mean? A conventional loan from Fannie Mae or Freddie Mac is only available up to a certain amount. If you need a loan higher than the loan limit then you are getting into jumbo loans that typically have higher interest rates.

With prices of 🏡 houses higher (especially in some areas) this will save people some serious money!

Brenda Ratliff NMLS # 32941

09/10/2022

https://www.youtube.com/watch?v=I0ORGY8KqxI&t=1s

Did you know there is a new first-time home buyer down payment assistance loan from Freddie Mac? That's right! Conventional. This is going to help a lot of buyers into their first house!

Need a little more detail?
620 and up credit score
3% minimum down
Under 80% of the average median income
Up to $2500 down payment assistance based on income and lender

Not every lender has this option available! Our team at Brick Financial Group has this loan paired with the speed and ease of United Wholesale Mortgage.

I've already closed a handful of these loans and they are awesome.🤩

Brenda M Ratliff - NMLS # 32941
Branch Manager
Brick Financial Group LLC NMLS # 1928780

DM me with any questions!

Interested in learning more about this awesome new down-payment assistance loan? We are happy to help!The Freddie Mac Borrowsmart loan is here to help first...

09/08/2022

Conforming loan limits are up! What does this mean for the buyer?

This means that you can get a loan now up to $715,000 at a cheaper rate. Typically when you buy over the conforming loan limit you would have to get a jumbo loan. Jumbo loans are great but they typically have higher rates and more strict guidelines.

This increase in loan limits will help more buyers get into a house with lower payments.

Tuesday, it was Rocket Pro TPO. Today, it’s United Wholesale Mortgage.