Tag Archives: Current Rates

Mortgage Rates & Market Improvements

Posted on March 30, 2018 by Superior Mortgage Lending LLC

Mortgage Rates Unchanged Despite Market Improvements Mortgage rates were generally unchanged today, although a few lenders offered slight improvements.  This stands in contrast to the noticeable improvements in underlying bond markets.  As we discussed yesterday, Treasury yields are leading the charge toward lower … Continue reading →

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NOW THAT I’M IN ESCROW, WHAT COMES NEXT?

Posted on November 6, 2015 by Superior Mortgage Lending LLC

1. The three major Buyer contingences are: (1) HOA resale package & Seller Real Property Disclosure (SRPD) approval, (2) Home Inspection, and (3) Financing, if applicable. 2. Escrow will be opened and we will verify that the earnest money deposit … Continue reading →

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Understanding A Mortgage Loan

Posted on June 8, 2015 by Superior Mortgage Lending LLC

A mortgage loan is a loan that a bank or lender gives you to help finance the purchase of a house. It is most advantageous to borrow approximately 80% of the value of the house or less. The house you … Continue reading →

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Property Brothers in Las Vegas

Posted on June 4, 2015 by Superior Mortgage Lending LLC

Now this is brotherly love. Identical twins Drew and Jonathan Scott not only work together hosting HGTV’s hit Property Brothers, they also share a newly renovated Las Vegas compound. But they want to make one thing clear: “People assume that … Continue reading →

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Finding a Mortgage Broker

Posted on April 8, 2015 by Superior Mortgage Lending LLC

How to Find a Mortgage Broker Often the only factor people consider when choosing a mortgage lender is finding the lowest interest rate. Of course, financial considerations are critical and you certainly should consider the different rates lenders offer on comparable … Continue reading →

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Streamline Your FHA Mortgage

Posted on March 2, 2015 by Superior Mortgage Lending LLC

FHA has permitted streamline refinances on insured mortgages since the early 1980s. “Streamline refinance” refers only to the amount of documentation and underwriting that the lender must perform, and does not mean that there are no costs involved in the … Continue reading →

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FHA Applications Skyrocket as Expected Following MIP Change

Posted on February 4, 2015 by Superior Mortgage Lending LLC

Mortgage activity showed no signs of settling down from its rather wild and wooly behavior since the first of the year.  Data from the Mortgage Bankers Association (MBA) was all over the place during the week ended January 30, apparently … Continue reading →

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The 8 Mortgage Mistakes You Can’t Afford to Make

Posted on January 27, 2015 by Superior Mortgage Lending LLC

Picking out the perfect home can be a challenging task. But that’s only the first step. You still need to be an attractive loan candidate, navigate the mortgage process and plan well for the future. Since all that can get a little tricky, … Continue reading →

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