Chance Kirkland - Personal Mortgage Advisor

11/15/2021

There’s no plotting of where the Christmas tree will be and measuring for a couch in that scenario.

Some house hunters report submitting an offer within an hour of seeing a home shortly after it’s listed and still losing out to other bids.

11/11/2021

You could buy a top-of-the-line laptop and a new cell phone to match, or you could pay one month’s rent for a single-family home in Los Angeles.

Single-family property rents are on the rise, and California cities have the highest median rental prices in the country, according to a new study. Single-family property rents are on the rise, and California cities have the highest median rental prices in the country, according to a new study.

11/11/2021

On this Veterans Day and always, we celebrate the men and women who served in the U.S. armed forces.
For all you did which we could not do, you are the true heroes.
We honor you. We cherish you. We salute you.
From all of us at Nations Lending – Thank you to all Veterans.

11/09/2021

In August, 4% of mortgages were delinquent by at least 30 days, including foreclosure, a drop from the 6.6% rate in August of 2020. The transition rate – mortgages transitioning from current to 30 days past due – dropped three basis points to 0.6% in the same period.

Mortgage delinquency rates hit the lowest level since the beginning of the pandemic in August, according to the most recent CoreLogic Loan Performance Report. However, some borrowers are still facing severe financial challenges.

11/05/2021

“Construction employment jumped by 44,000 in October, following an increase of 30,000 in September,” First American deputy chief economist Odeta Kushi said in a statement.

For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October. Still, the industry remains 150,000 jobs below the February 2020 level. For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October. Still, the industry remains....

11/03/2021

Today Nations Lending announced it is planting its first Oregon flag. The company will open offices in Medford, Ashland, and Grants Pass with longtime lending veteran Sheryl Osborn at the helm. Sales Manager William Ward and loan officers Kelly Lauerman, Linda Fitzgerald, Crystal Troy, Mitch Poitevint and their support teams make up the group.

https://www.marketwatch.com/press-release/nations-lending-continues-west-coast-expansion-with-first-oregon-location-2021-11-02

11/01/2021

Have you heard the exciting news?!

We have a new feature for our Fannie Mae products which can help you help your borrowers.
It’s called Blended FICO score.
Two credit scores combined to get a higher, potentially eligible score to secure the loan.
Our VP of Product Development Lloyd Rutherford explains the math in this quick, 60-second video.
Watch - then give us a call to learn more about how this new feature will work for you and your homebuyers.

10/31/2021

No goblins or ghouls. And no scary unicorn-like numbers you can’t understand.
Don’t get tricked into unrealistic promises or bad deals.
“Creep” it real by treating yourself to the best customer service in the industry.
Happy Halloween

10/28/2021

A boost for borrowers.
The ceiling has been raised for potential homebuyers looking to purchase or refinance a home using a Fannie or Freddie fixed, purchase-only product, or a standard refinances loan product.
Conforming loan limits are now increased in certain areas of the USA – is your market one of them?
Give us a call and we’ll walk you through these exciting changes.

10/27/2021

The U.S. housing market showed continuing strength in August 2021

The Case Shiller index showed a 19.8% annual home price gain for the year ending in August 2021, flat from July. This remains the highest annual rate of price growth since the index began in 1987.