Team Sprint Home Loans

02/28/2023

As Black History Month 2023 draws to a close, we at Team Sprint Home Loans once again note the importance of Black History to the future of the Black Community. We honor all who have given so much.

02/17/2023

HMAC Team Sprint Home Loans will be closed Monday, February 20th, in observance of the Presidents' Day holiday.
We will resume regular business hours on Tuesday, February 21st.

12/31/2022

“The book is called Opportunity, and its first chapter is New Year’s Day.” - Edith Lovejoy Pierce, poet

Happy New Year from all of us at HMAC Team Sprint Home Loans.

Please note that we will be closed on Monday, January 2, 2023, and will resume regular business hours on Wednesday, January 3.

12/22/2022

Happy Holidays!

In observance of the Christmas Holiday, HMAC Team Sprint Home Loans will be closed Dec. 26th and Jan. 2nd for the New Year Holiday.

12/20/2022

𝗠𝗕𝗔 𝗧𝗼 𝗙𝗛𝗙𝗔: 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗔𝗠𝗜 𝗟𝗶𝗺𝗶𝘁𝘀 𝗙𝗼𝗿 𝗗𝗼𝘄𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝘀

Allowing borrowers with up to 100% of AMI to be eligible for these programs.

KEY TAKEAWAYS
☑️MBA wants borrowers with up to 100% of AMI to be eligible for these programs, and to eliminate the income limit for properties located in low-income census tracts.
☑️An increase in the AMI threshold could better serve minority borrowers who have the means to meet their monthly mortgage obligations.
☑️In cities with a significant Black population, the income needed to afford a home is at least 100% of AMI.
☑️Homes priced $350,000 or less, raising the AMI to 100% makes about 40% more of that builders’ communities available to these borrowers.

Read full story at https://snip.ly/nv2i9o.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

12/07/2022

𝗙𝗛𝗙𝗔 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝟮𝟬𝟮𝟯 𝗖𝗼𝗻𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗟𝗼𝗮𝗻 𝗟𝗶𝗺𝗶𝘁𝘀

The Federal Housing Finance Agency (FHFA) recently announced the conforming loan limits for residential mortgage loans acquired by Fannie Mae and Freddie Mac in 2023. Fannie Mae addresses the limits in Lender Letter 2022-06.

Read more: https://snip.ly/jiy5y3

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

11/24/2022

📢 HMAC Team Sprint Home Loans will be closed this Thursday and Friday, November 24 and 25th, for the Thanksgiving holiday.

We will resume regular business hours on Monday, November 28th.

11/11/2022

To all who served,

WE ARE THANKFUL FOR YOUR SERVICE.

Happy Veterans Day
11/11/2022

11/09/2022

𝗠𝗮𝗻𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗲𝘀𝘁 𝗖𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗮 𝗙𝗮𝗺𝗶𝗹𝘆 𝗔𝗿𝗲 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗶𝗻𝗴𝗹𝘆 𝗦𝘁𝗶𝗹𝗹 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲

Those looking for a good place to raise a family might want to head South.

Learn more at https://snip.ly/801z0y.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

10/21/2022

𝗛𝗼𝘄 𝗖𝗮𝗻 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗵𝗮𝗻𝗴𝗲 𝗥𝗶𝘀𝗸𝘀 𝗔𝗳𝗳𝗲𝗰𝘁 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲

Learn more at https://snip.ly/eyxhip.

For your mortgage needs, contact us.
🌐https://lnkd.in/gW28fzCj
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

10/05/2022

𝟲 𝗪𝗮𝘆𝘀 𝗧𝗼 𝗖𝗮𝘁𝗰𝗵 𝗨𝗽 𝗢𝗻 𝗬𝗼𝘂𝗿 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀

Taking constructive action is important to avoid foreclosure. Here are six ways you can catch up when you’re behind on your mortgage.

🔗https://snip.ly/gqms26.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

09/27/2022

Student Loan Relief Could Increase Homeownership
🔗https://nationalmortgageprofessional.com/news/student-loan-relief-could-increase-homeownership

📌A significant reduction or elimination of monthly student loan expenses could move households on the margins of homeownership readiness.
📌The additional saving could help more borrowers for a down payment and buy higher-priced homes.
📌Borrowers of color would see the greatest benefits from this credit score boost, as they are more likely to default on their student loans than white borrowers.
📌Biden’s proposal would allocate an extra $10,000 in student loan forgiveness for Pell grant recipients — 88% of Black student borrowers received a Pell grant.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Student loan debt is a hindrance to homeownership for many millennials and first-time homebuyers, according to a study by the Urban Institute.