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The Josh Berg Group, NMLS# 135364, Powered by Benchmark Mortgage Discover the power and stability of Comericaโ€™s more prudent, conservative approach. We have offices in 17 states and services in 14 of the 15 largest U.S.

In both times of uncertainty and times of optimism, Comericaโ€™s unwavering focus on building stable, successful relationships has allowed us to deliver value to our customers for nearly 175 years. Since our founding in 1849, Comerica has never lost sight of the principles that have helped us grow from a small Detroit savings and loan to one of the most respected banks in America. Award-winning relationship banking
Comerica was recently recognized by Coalition Greenwich with 17 Greenwich Excellence and Greenwich Best Brand Awards in 2022 for Middle Market and Small Business Banking. These recognitions speak to our strong focus on creating deep, long-lasting relationships, and our commitment to understanding and listening to our customers. With expertise spanning a number of different industries and markets, our bStrong credit fundamentals

A cornerstone of Comericaโ€™s business model is our credit discipline. We have consistent, conservative underwriting standards and balanced exposure to a wide variety of industries across multiple markets, helping to minimize the impact of economic downturns. Weโ€™re also intentional in our avoidance of many higher risk products and portfolios, such as subprime loans.ankers have the knowledge and skills needed to refine solutions tailored to meet the needs of those we serve. The best of both worlds
As a regional bank, Comerica occupies a unique niche within the banking industry, combining a number of โ€œbig bankโ€ products and services with a more localized and personalized touch reminiscent of community institutions. Weโ€™re focused on delivering tremendous value to both our customers and the communities we serve. As we like to say, weโ€™re a bank thatโ€™s big enough to matter, but small enough to care. The right markets, the right model
Comerica offers its financial services and expertise to some of the fastest growing and most vibrant regions in America. metropolitan areas, as well as Canada and Mexico. Additionally, we operate 380 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Recent expansion efforts into the Southeastern U.S. have included establishing commercial offices in North Carolina and South Carolina, plus a new private banking office in Georgia. And we are making new investments into the Mountain West region of the United States. With our diversified geographic footprint, Comerica is well positioned to capitalize on opportunities from coast to coast.

๐ŸŽƒ๐Ÿ  Don't be afraid of high interest rates! ๐Ÿ ๐ŸŽƒThis Halloween, while the Headless Horseman gallops through the spooky wood...
10/30/2023

๐ŸŽƒ๐Ÿ  Don't be afraid of high interest rates! ๐Ÿ ๐ŸŽƒ
This Halloween, while the Headless Horseman gallops through the spooky woods, we've got something even scarier on our minds - those high mortgage rates! But fear not, because we have options available to help keep your head on your shoulders! ๐Ÿ’€โœจ
๐Ÿ•ธ๏ธ Our team is here to slay those intimidating rates and help you find the perfect financing solution. ๐Ÿ‘ป Say goodbye to the ghost of high interest and hello to financial stability. With us, you won't need a magic potion to secure a great rate.
No tricks, just treats when you choose us! ๐Ÿฌ๐ŸŽ Let us help you find a mortgage that won't haunt your dreams. Contact us today and discover how we can make your homebuying experience a real treat. ๐Ÿก๐Ÿ”‘

๐Ÿ‘ป๐Ÿฆ‡๐ŸŒ™ Happy Halloween! ๐ŸŒ™๐Ÿฆ‡๐Ÿ‘ป

๐ŸŽƒ๐Ÿก Don't let student loan debt spook your homeownership dreams! ๐Ÿ‘ป๐ŸกAre you haunted by the thought of never owning your ow...
10/27/2023

๐ŸŽƒ๐Ÿก Don't let student loan debt spook your homeownership dreams! ๐Ÿ‘ป๐Ÿก
Are you haunted by the thought of never owning your own home because of those lingering student loans? Don't worry, we're here to exorcise those fears and help you find your perfect haunt! ๐Ÿ‘น๐Ÿ 
We specialize in finding mortgage solutions that fit your unique situation. Our team is here to guide you through the process, making homeownership a reality, even in the face of those student loans. ๐Ÿ“š๐Ÿ’ฐ
This Halloween season, let's turn your financial tricks into homeownership treats! ๐ŸŽƒ๐Ÿก Contact us today to get started on the path to owning your dream home. ๐Ÿ“ž๐Ÿ‘ป
Don't be afraid to take the first step towards your homeownership goals! ๐Ÿš€ ๐Ÿก๐Ÿ”ฎ

๐Ÿก Considering a new home or refinancing your current one? ๐Ÿ  Did you know that opting for a smaller loan term can lead to...
10/23/2023

๐Ÿก Considering a new home or refinancing your current one? ๐Ÿ  Did you know that opting for a smaller loan term can lead to BIG benefits? ๐Ÿ’ฐโœจ
๐Ÿ”‘ Here's why a 15-year home loan might be the perfect choice for you:
1๏ธโƒฃ Faster Equity Buildup: Paying off your mortgage in 15 years means you'll build equity in your home much quicker, setting you up for a stronger financial future.
2๏ธโƒฃ Lower Interest Rates: Generally, shorter-term loans come with lower interest rates, helping you save thousands over the life of your mortgage.
3๏ธโƒฃ Financial Freedom Sooner: Imagine the peace of mind that comes with owning your home outright in just 15 years. Your financial freedom is closer than you think!
4๏ธโƒฃ Save Big on Interest: With fewer years to accrue interest, you'll save a significant amount compared to a 30-year mortgage.
๐Ÿ’ฌ Want to learn more about the advantages of a 15-year home loan? Have questions about eligibility or the application process? Our team is here to help! ๐Ÿค
๐Ÿ“ž Contact us today to discuss your options and find out if a 15-year home loan is the right fit for you. Your dream home may be closer than you think! ๐ŸŒ†โœจ

๐Ÿก ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐˜๐—ต๐—ฒ ๐—Ÿ๐—ถ๐—ป๐—ด๐—ผ! ๐Ÿ“š Mortgage Lingo 101 ๐Ÿ“–Hey there, future homeowners! ๐Ÿ  ๐Ÿ“š Today, we're diving into some more key mortga...
10/20/2023

๐Ÿก ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐˜๐—ต๐—ฒ ๐—Ÿ๐—ถ๐—ป๐—ด๐—ผ! ๐Ÿ“š Mortgage Lingo 101 ๐Ÿ“–
Hey there, future homeowners! ๐Ÿ  ๐Ÿ“š Today, we're diving into some more key mortgage terms that'll help demystify the home buying process. ๐Ÿค“
1. ๐—Ÿ๐—˜ - ๐—Ÿ๐—ผ๐—ฎ๐—ป ๐—˜๐˜€๐˜๐—ถ๐—บ๐—ฎ๐˜๐—ฒ: This important document outlines the estimated costs and terms of your mortgage loan. It's like your mortgage roadmap! ๐Ÿ—บ๏ธ Keep a close eye on it during your home-buying journey.
2. ๐—Ÿ๐—ง๐—ฉ - ๐—Ÿ๐—ผ๐—ฎ๐—ป-๐˜๐—ผ-๐—ฉ๐—ฎ๐—น๐˜‚๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ถ๐—ผ: ๐Ÿ“Š This ratio represents the percentage of your home's value that you're borrowing. The lower your LTV, the less risky the loan is for lenders, which can lead to better terms for you! ๐Ÿ“‰
3. ๐—ฃ&๐—œ - ๐—ฃ๐—ฟ๐—ถ๐—ป๐—ฐ๐—ถ๐—ฝ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜: ๐Ÿ’ฒ๐Ÿ’ฐ This duo makes up the core of your monthly mortgage payment. "Principal" goes towards paying off your loan, while "Interest" covers the cost of borrowing money. ๐Ÿฆ๐Ÿ’ณ
4. ๐—ฃ๐—œ๐—ง๐—œ - ๐—ฃ๐—ฟ๐—ถ๐—ป๐—ฐ๐—ถ๐—ฝ๐—ฎ๐—น, ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜, ๐—ง๐—ฎ๐˜…๐—ฒ๐˜€, ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ: ๐Ÿ“๐Ÿก A mouthful, right? PITI is your total monthly housing expense, encompassing your mortgage payment, property taxes, homeowners insurance, and, in some cases, private mortgage insurance. It's essential to budget for PITI! ๐Ÿ’ก
5. ๐—ฃ๐— ๐—œ - ๐—ฃ๐—ฟ๐—ถ๐˜ƒ๐—ฎ๐˜๐—ฒ ๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ: ๐Ÿ”’ PMI is a premium you might pay if your down payment is less than 20%. It safeguards the lender in case you default on your loan. Understanding PMI is crucial when planning your home purchase. ๐Ÿ’ช
Don't let mortgage jargon hold you back from achieving your homeownership dreams! ๐ŸŒŸ If you have any questions or need more info on these terms, feel free to reach out to our team. We're here to help you every step of the way! ๐Ÿค๐Ÿ“ฒ
๐Ÿก๐Ÿ’ผ๐Ÿ”‘

๐Ÿก ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐˜๐—ต๐—ฒ ๐—Ÿ๐—ถ๐—ป๐—ด๐—ผ! ๐Ÿ“š Mortgage Lingo 101 ๐Ÿ“–Buying a home is a big step, and understanding the mortgage jargon can make the...
10/16/2023

๐Ÿก ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป ๐˜๐—ต๐—ฒ ๐—Ÿ๐—ถ๐—ป๐—ด๐—ผ! ๐Ÿ“š Mortgage Lingo 101 ๐Ÿ“–
Buying a home is a big step, and understanding the mortgage jargon can make the process smoother. Let's break down some essential terms:
1. ๐—”๐—ฃ๐—ฅ - Annual Percentage Rate: ๐Ÿ“Š APR represents the total cost of borrowing, including interest rates and fees. It's a crucial number to compare loan offers and understand the true cost of your mortgage.
2. ๐—”๐—ฅ๐—  - Adjustable-Rate Mortgage: ๐Ÿ”„ An ARM is a type of mortgage where the interest rate can change over time, often starting with a fixed rate and adjusting later. It can lead to lower initial payments but more uncertainty.
3. ๐—–๐—— - Closing Disclosure: ๐Ÿ“‘ The CD is a document you'll receive before closing that outlines the final terms and costs of your mortgage. It's essential to review it carefully to ensure accuracy.
4. ๐——๐—ง๐—œ - Debt-to-Income Ratio: ๐Ÿ’ฐ DTI is a financial metric that compares your monthly debt payments to your gross monthly income. Lenders use it to assess your ability to manage new debt responsibly.
5. ๐—›๐—˜๐—Ÿ๐—ข๐—– - Home Equity Line of Credit: ๐Ÿ  HELOC is a revolving credit line secured by your home's equity. It allows you to borrow as needed and can be a flexible way to access funds for various purposes.
6. ๐—›๐—ข๐—” - Homeowners Association: ๐Ÿ˜๏ธ HOAs are organizations that manage and maintain common areas and amenities in a community or condo complex. They often collect fees to cover expenses.
Don't let mortgage terminology overwhelm you! Knowing these terms can empower you to make informed decisions on your homeownership journey. If you have any questions or need further clarification, feel free to reach out to us. ๐Ÿ“ฉ We're here to help you navigate the mortgage process with confidence! ๐Ÿ’ช

๐Ÿก Planning to secure that dream home? Here's a crucial "DON'T" when applying for a mortgage with us! ๐Ÿšซ๐Ÿ”‘ DON'T open or in...
10/13/2023

๐Ÿก Planning to secure that dream home? Here's a crucial "DON'T" when applying for a mortgage with us! ๐Ÿšซ
๐Ÿ”‘ DON'T open or increase any liabilities during the loan process! ๐Ÿ’ณ
We know it's tempting to take advantage of credit card offers or student loan options, but it's essential to tread carefully during your mortgage application journey. Here's why:
โœ… Stability Matters: Lenders assess your financial stability and ability to repay your mortgage. Any sudden changes to your financial situation can raise concerns.
โœ… Credit Score Impact: Opening new lines of credit can affect your credit score, which plays a vital role in determining your mortgage interest rate.
โœ… Loan Approval: Additional liabilities might affect your debt-to-income ratio, potentially impacting your loan approval or terms.
So, remember, when you're in the process of securing your future home:
๐Ÿ›‘ DON'T make any significant financial moves without consulting your mortgage advisor first!
Our team is here to guide you through the mortgage process smoothly. Feel free to reach out with any questions or concerns. Your dream home is closer than you think! ๐Ÿก๐Ÿ’ซ

๐Ÿ  Considering a new job opportunity? ๐Ÿค” Hold up! Before making a big career move, make sure you're aware of the potential...
10/09/2023

๐Ÿ  Considering a new job opportunity? ๐Ÿค” Hold up! Before making a big career move, make sure you're aware of the potential impact on your mortgage application. ๐Ÿ’ผ
Here's a crucial "DON'T" when applying for a mortgage:
๐Ÿšซ DON'T change jobs or employers without inquiring about the impact this change might have on your loan approval! ๐Ÿšซ
Your job stability and income play a significant role in your mortgage application. Lenders often prefer a consistent employment history. Switching jobs without understanding the consequences could lead to delays or even jeopardize your approval.
Before you take that exciting career leap, give us a call or schedule a consultation with our team. We'll guide you through the process, help you make informed decisions, and ensure your path to homeownership remains smooth. ๐Ÿกโœจ
Your dream home is within reach, and we're here to make it happen! ๐Ÿ’ช

๐Ÿก Applying for a Mortgage? Here's a Helpful "Do"! ๐Ÿ“When it comes to securing your dream home, every detail counts. ๐Ÿ’ญ One...
10/09/2023

๐Ÿก Applying for a Mortgage? Here's a Helpful "Do"! ๐Ÿ“
When it comes to securing your dream home, every detail counts. ๐Ÿ’ญ One important step you should definitely "DO" when applying for a mortgage is to notify your loan officer or loan coordinator if you plan to receive gift funds for closing. ๐ŸŽ
Why is this so crucial? ๐Ÿ’ก
1๏ธโƒฃ Transparency: Keeping your mortgage team in the loop about gift funds ensures transparency in your financial situation.
2๏ธโƒฃ Smooth Process: Your loan officer can guide you through the specific requirements for gift funds, helping you navigate the process seamlessly.
3๏ธโƒฃ Avoid Delays: Properly documenting gift funds upfront can prevent last-minute hiccups and delays during the closing process, allowing you to get the keys to your new home faster! ๐Ÿ ๐Ÿ”‘
Our dedicated team is here to make your mortgage journey as smooth as possible. ๐Ÿ’ผ If you have any questions or need assistance with your mortgage application, feel free to reach out to us. Your dream home is closer than you think! ๐Ÿ˜Š
๐Ÿกโœจ

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5160 Tennyson Parkway, Suite 1000
Plano, TX
75024

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