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Blog: mortgage loan

Millennials and Low Down Payment Programs!

56 Wye Court Lake Ozark, MO. 65049 MLS# 3120693 Virtual Tour A report released by Down Payment Resource shows that 61% of first-time home-buyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortg... Read more

How Fast Can You Save for a Down Payment?

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take you to save for a down payment in each ... Read more

Why Pre-Approval Should Be Your First Step!

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about... Read more

Over Half of All Loans Approved Have a FICO Score Under 750!

The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market. One such study by the Wharton School of Business at t... Read more

Would You Qualify for a Mortgage Now?

The widespread myth that perfect credit and large down payments are necessary to buy a home are holding many potential home buyers on the sidelines. According to Ellie Mae’s latest Origination Report, the average FICO score for all closed loans in M... Read more

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 2140 Bagnell Dam Blvd.
Suite 101
Lake Ozark, MO 65049
Email: valerie@sellingthelake.com

Cell:    573-216-4991
Office:  573-693-1313
 Fax:     573-693-1314

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