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First-Time Home Buyer Down Payment Guide
Owning your own home is a big part of the “American Dream.” If you’re a first-time home buyer, the process of securing a mortgage can feel overwhelming. For a first-time home buyer, down payment assistance may be necessary, as saving up enough money for a substantial down payment is often easier said than done. This… View Article
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Is a Home Equity Loan the Same as a Second Mortgage?
Being able to buy your own home is a big part of the American dream. Owning a home gives you the ability to accumulate equity, which can then be used to take out a second mortgage or home equity loan. But is there a real difference between a second mortgage and a home equity loan? The short answer is yes, there can be.
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Cash-Out Refinance vs. Home Equity Loan
If you’re looking to reach financial goals or renovate your home, you may be considering a cash-out refinance or home equity loan. Both of these options allow you to use the equity you have accumulated in your home as collateral and borrow against it. But what is the difference between a cash-out refinance and a… View Article
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A 4-Step Guide to the VA Loan Process
If you’re looking for information about the Veterans Affairs (VA) loan process or need advice on where to start (hint: it’s not with house-hunting), you’ve come to the right place.
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Veterans Affairs (VA) Loan Requirements & Certificate of Eligibility (COE) Information
If you meet the Veterans Affairs (VA) loan requirements, the agency provides a home loan “guaranty” for servicemembers, military Veterans, and eligible surviving spouses to help purchase a home.
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What Is a Jumbo Loan?
If you are looking to finance a home or property that exceeds Conventional loan limits, you should consider a Jumbo loan. But what is a “Jumbo loan” exactly?
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What is the Difference Between FHA and Conventional Home Loans?
Unsure about the difference between FHA and Conventional home loans? Want to know which lending program is right for you? We look at Conventional loans vs. FHA loans to review pros and cons of each.
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FAQ: Buying and Selling Your Home With A Mortgage
Whether you’re buying for the first time, or making a move into a new place, Supreme Lending Dallas is your partner for any home financing need. Read our article to get answers to your questions about buying or selling your home.
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Five Steps To Get A Mortgage
Purchasing a home can be exciting as well as frightening. Below are the steps it takes to find and get a mortgage. Step by step, it is as easy as one, two, three, four, five!
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The Do’s and Don’ts of Closing
Stop what you are doing! Find out what you should or shouldn’t be doing before the closing and funding of your loan. It could make all the difference in the closing of your loan.
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Mortgage Dictionary
Key Terms You Should Know! Our mortgage dictionary is a good place to define what can be a confusing process.
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