What to know about HELOCs

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

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

equal-house-opp

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