What is a Home Equity Line of Credit? A HELOC acts like a credit card tied to your home’s equity, offering a revolving credit line for significant home expenses. Keep in mind this type of loan uses your home as collateral, which carries risks. Benefits of HELOCs. HELOCs’ annual percentage rate (APR) can be very…… Continue Reading
KHC Offering $10,000 forgivable Down Payment Assistance – LIMITED TIME ONLY!
Get $10,000 for your home purchase if you live in Christian, Hardin, Jefferson or Kenton counties. Three different types of forgivable down payment assistance programs are now available until all reservations are filled. Limited time! These programs provide first time homebuyers with $10,000 for down payment and closing costs assistance for the purchase of a…… Continue Reading
Loan limits increase!
Conforming loan limits increasing from $417,000 to $424,000 and FHA loan limits from $287,500 to $299,000 in 2017!!!!!… Continue Reading
MOMS Finance Training
Classes will be every Thursday from 9:30 – 11:30 at our building in the lower level conference room. We will be covering a variety of topics related to real estate financing including: Dialogue to help discuss financing with clients Homeowners insurance – factors that effect rates and how it effects financing Writing contracts with financing…… Continue Reading
FHA Financing more attractive
Since the beginning of the year FHA financing has changed a lot which makes the program much more attractive to borrowers. FHA has reduced their MI costs and raised their loan limit in many places to $284,000.If you have a mortgage with FHA financing that was closed before February 2015 you should contact us to…… Continue Reading
COMING SOON!
On the horizon we have some big plans. We will be starting a Loan Lingo update focused on providing everyone with some vocabulary which will make getting a loan seem a bit less foreign. Our team will keep the community up to date with any big changes in the marketplace. And I’m sure there will…… Continue Reading
Statia “Stacey” Parks NMLS#56992 Shelly Jones NMLS#57012 Sarah Barker NMLS#2061283
Robert Jones NMLS#1266752 Richard Dickerson NMLS#2010396 James Shimp NMLS#2226476
Multiple Option Mortgage Services NMLS# 57052
1701 Herr Lane Suite 200, Louisville Ky 40222
Phone: 502-473-1817 Fax: 502-747-7080
