925 South Kerr Avenue K2 Wilmington, NC 28403 (910) 791-1337
Office Hours Monday-Friday 8:30-6:00 Weekends by Appointment

Our Blog

Rates are Low

Mortgage Rates have Plummeted!

Mortgage rates have plummeted to the lowest rates in 17 months. Now is the best time to get qualified for a mortgage and lock in a low rate. We’re Brokers so we can shop for the best rate and product for your customer. Click Here to Checkout Our Rates. We’re Better for LOW RATES!

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yes

WE say YES when Others Say NO

WE’RE BROKERS. WE say YES when Others Say NO WE’RE BETTER. In the last three months, six of our closed loans were told NO by other competing Lenders. Most got the bad news after they were halfway through the loan process. All these Customers had unique circumstances to handle. Some were credit related, but most…

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Want to save Money and Time on Your Home Purchase?

Want to Save Money and Time on Your Home Purchase? You may be eligible for an Appraisal Wavier. This will allow you to eliminate the worry of a low appraised value and SAVE hundreds of dollars on the Appraisal Fee. You should be able to close faster also. Click Here to Find out if your…

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Happy Memorial Day

Happy Memorial Day

Have a Safe Memorial Day. Our office is closed on Monday, May 27, 2019.  

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We're Brokers. We're Better.

We’re Brokers. We’re Better

Big banks can be a big hassle. They only sell their own mortgage products, often have higher rates. They aren’t required to disclose all products and terms available to consumers. We’re mortgage experts. We work with several lenders and can offer your clients: Lower Rates More options Faster closings Personal Service Call Bill or Justin…

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This Week’s Winner is April King

This week’s question was ” When does mortgage insurance get canceled on an FHA loan with a 3.5% down payment?”   April King knew the answer was “Never”.

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Week 10’s Winner is Rhonda Kelly

USDA financing can be used for the purchase of a Manufactured Home under what circumstance? Rhonda knew the correct answer was a Manufactured Home that has not been previously occupied. We have other financing options for Manufactured Homes. Call Bill or Justin today with your questions. (910) 791-1337

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Week 8’s Trivia Winner is Kim Anderson

What is the maximum debt-to-income ratio allowed on a VA loan? The correct answer is there is no maximum. VA loan requirements do not state a maximum debt to income (DTI) ratio. However, lenders set there own maximum DTI requirements for these mortgages. Typically, lenders max DTI ratio for VA 41%. However, 41% isn’t a…

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Week 7’s Trivia Winner is Daniel Whited

Per FHA guidelines, medical collections in excess of what amount need to be paid prior to closing? The correct answer is Unlimited. Medical Collections do not need to be paid off.

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Spencer Rhem

This Week’s Winner is Spencer Rhem

The correct answer is FHA. Conventional and VA loans do not call for a foundation inspection unless the appraiser notes that something looks awry. Spencer Rhem played my weekly Mortgage Trivia Contest and won a $15 Chipotle Mexican Grill Gift Certificate.

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The week 5 winner is Melissa Kaempfer!

To answer last week’s question, maximum allowable seller-paid closing costs on FHA and USDA loan is 6% of the purchase price.

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