Tag Archives: Las Vegas Mortgage Lender

The Ever-Changing World of Private Mortgage Insurance; Capital Markets

Residential lenders aren’t the only ones having a tough time out there. Builder Hovnanian reported a Q2 loss of $9.8 million. The Social Security program’s costs will exceed its income this year for the first time since 1982, forcing the … Continue reading

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Non-QM and Digital Products; Global Events Driving our Capital Markets

Plenty of people I know agree with the this Forbes article titled, “We Have Learned Nothing From The Mortgage Market Meltdown.” Builders are reducing labor costs by using premanufactured products that also require low maintenance. And what’s not to like about taking … Continue reading

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Common conditions on a loan approval

One of the most common conditions we see on approval letters is to source-proof large deposits. Many borrowers don’t realize that by depositing large amounts of money into their bank accounts they may be creating more work for themselves when … Continue reading

Posted in 15 Year Mortgage Rates, 30 Year Mortgage Rates, Commercial Real Estate Lending, Commerical Loans, Conventional Loans, Current Rates, energy savings, FHA Mortgage, FHA Purchase, FHA Streamline Refinance, Government Loans, Home Mortgage, Home Refinance, Jumbo Loans, Las Vegas Home Mortgages, Las Vegas Mortgage Broker, Las Vegas Mortgage Company, Las Vegas Mortgage Lender, Loan Programs, mortgage broker in las vegas, Mortgage Interest, mortgage loans, Mortgage Refinance Arizona, Mortgage Refinance Nevada, real estate las vegas, refinance loans, VA Loans, VA Loans Las Vegas | Tagged , , , , , , , , , , , , , , | Leave a comment

Don’t Lose Deals By Being Afraid To Think Outside the Box

By now, brokers and borrowers alike are very familiar with the benefits of a 30 year fixed mortgage.  Most of us cling to this structure because we perceive it as safe. It’s what our borrowers have heard about their entire … Continue reading

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Program helps first-time homeowners with down payments

Students participate in a homebuyer class at Neighborhood Housing Services of Southern Nevada at 1849 Civic Center Drive in North Las Vegas. An initiative is offering more than $1 million for down payment assistance to purchase a primary, owner-occupied residence … Continue reading

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Las Vegas Jumbo Loans

Jumbo Loans: Currently any home loan for more than $417,000 is considered a Jumbo Loan in Las Vegas. Also called non-conforming loans, exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. At Superior Mortgage Lending we … Continue reading

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The Cost of Tight Credit

It has been a common theme from industry analysts and home sales and construction reports for at least five years; the recovery is being hampered, probably unduly so, by credit standards which are unnecessarily tight.  Volumes have been written about … Continue reading

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Lenders Managed Quick Closings Despite Refi Surge

“The February was the second month in a row that refinancing made up more than half of all mortgage originations.  Ellie Mae’s latest Origination Insight Report said that the refinancing share of originations jumped 8 percent from the January level to … Continue reading

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How to Get Your Mortgage Loan Paperwork Ready

Mortgage lending qualifications have tightened in a post-recession world—meaning whether you’re applying for a government-backed loan, a qualified mortgage loan or even a jumbo loan, you’ll face more paperwork than ever before. Fail to turn in some of the required documents, … Continue reading

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Borrower-Friendly Loan Options On The Market

The VA Home Loan program is among the most borrower-friendly loan options on the market. For almost 70 years, these loans have helped level the playing field for American service members. Today, the VA loan program is more important than … Continue reading

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