First Heritage Mortgage, LLC’s Post

Great news for homebuyers! The new conforming loan limit has increased, meaning you can now qualify for a bigger loan without moving into jumbo loan territory. This boost gives you more purchasing power to afford the home you've been dreaming of—while still enjoying lower rates and easier qualification standards. 🏡 Have questions on how this impacts you? Let’s chat! #HomeBuyingPower #ConformingLoanLimit #UHM

There are so many myths surrounding mortgages, it can be intimidating for homebuyers. Here's a few debunked #bankfive #localmortgagelender #streamlinerealtors #streamlineregroup #Bank5 #bettertogether #bristolcounty #localbanking

I have exciting news for homebuyers! In 2024, the conforming loan limit experienced a significant boost of over 5%, now standing at an impressive $766,550. This means more flexibility for buyers within this range, potentially unlocking lower interest rates without the need for jumbo loans. Whether you're looking to enter the market or considering selling, these changes are game-changers! Watch this short video to learn more. Learn More: https://lnkd.in/gywmKnrn

Unlocking VA Loans: Secret Advantages for Buyers Discover why VA loans can be a game-changer for homebuyers! In this video, we explain the benefits of VA offers, how they hold up against conventional loans, and tips for first-time buyers to secure their dream home with as little as 3% down. #VALoanBenefits #HomeBuyingTips #FirstTimeHomeBuyer #RealEstateAdvice #MortgageRates #BuyersAdvantage #HomeLoans #FinancialFreedom #RealEstateStrategies #VAHomeLoan

📉 Great News for Homebuyers! 🏠 Mortgage rates are on the decline as competition among lenders heats up, making it a prime time for potential homebuyers and those considering remortgaging. With the Bank of England expected to cut interest rates, borrowing is becoming more affordable. Don’t miss out on securing a favourable rate. Read more in here https://lnkd.in/e3kRqW2A #PrincipleFinance #MortgageRates #HomeBuying

Down payment assistance programs continue to be a valuable resource for homebuyers across the country. To help our partners grow their businesses and better serve borrowers, we offer an exclusive 0% Down Purchase program. Simply put, qualified borrowers receive a 3% down payment assistance loan, up to $15,000. This allows our partners to help more borrowers get into a home right now with no down payment. 🎉What's Different About Our New 0% Down Conventional Loan Program!🏡 - 📉 No Interest on Down Payment Assistance (2nd Lien)! - 💸 No Payment on Down Payment Assistance (2nd Lien)! - 🚫 No Early Payment Penalty - 📆 No 10-year ownership term requirement - 👍 No Need to Be a First-Time Buyer - 💰 Get $2500 if your income is less than 50% of the AMI (Area Median Income) 🔍 Check your area median income here: https://lnkd.in/ePcmiJcj

Myth: Down payment assistance dollars are never forgiven. Fact: There are a variety of programs available, including some that defer payments or interest and others that offer grants or loans. Nearly every down payment assistance program creates a lien on the financed property, just like the first mortgage. Homebuyer programs take a subordinate second or even third lien position. Grants are typically structured as gifts that don't have to be repaid. The grant funds are delivered to you at closing. Grants that do have to be repaid will typically waive the interest and defer payments. This provides a unique upfront buying power and opportunity for homebuyers. Contact me today to learn more!

Unlocking Ideal Options for First-Time Homebuyers! 🏡✨ Consider the following: 1️⃣ USDA Home Loan: Tailored for rural homebuyers, offering zero-down financing. 2️⃣ FHA Loan: Insured by the Federal Housing Administration, requiring a low down payment. 3️⃣ Down Payment Assistance Mortgages: Providing financial support for qualified buyers. Ready to explore these options or have questions? Comment below or send a message to start your homeownership journey with confidence! 💬🔑 EN ESPAÑOL SOY TU MEJOR OPCION!

Pop quiz! Are FHA loans only for first-time homebuyers? No way! They're for anyone who's looking to make a change and qualifies. Let's chat about it. #fha loans #refinance #save money #mb4homeloans #loanadvisorgroup

Pop quiz! Are FHA loans only for first-time homebuyers? No way! They're for anyone who's looking to make a change and qualifies. Let's chat about it. Text "Investors" to 33655 for more information! #wilsonwholesalemortgage #investment #mortgageloan