by Maureen Laupp | Dec 15, 2019 | Prime Lending
The good news is that the real estate market is making a healthy comeback; home values are rising, and interest rates are dropping. The bad news is, people still believe many misconceptions when it comes to mortgage financing. Homeownership is still considered the...
by Maureen Laupp | Nov 15, 2019 | Prime Lending
As the weather begins to get cooler, it will be interesting to see how the market trends going into the holidays. The last two months has been crazy for us in the mortgage world. Mortgage interest rates hit a three year low around September 3rd and many home owners...
by Maureen Laupp | Aug 15, 2019 | Prime Lending
It’s July and the heat sure has been turned up lately! This means its time to make sure those home warranties aren’t expired so all your properties are covered when the AC breaks. In other news, I am excited to announce that after 18 months at Primelending, I have...
by Maureen Laupp | Jul 15, 2019 | Prime Lending
Buying Multi-Family Up to 4 Units Lately, I have been hearing from many home buyers, ranging from the millennial to the seasoned investor, about multi-family. As a residential mortgage loan officer, I can loan on up to 4-unit property types while keeping in the...
by Maureen Laupp | Jun 13, 2019 | Prime Lending
Document, Document, Document It is impossible to overstate the importance of documentation when trying to get a mortgage. In today’s economic climate, lenders want to know where your money is coming from (i.e. income), where it is going (i.e. debts), and how much you...
by Maureen Laupp | May 13, 2019 | Prime Lending
Hope everyone’s month is off to an amazing start and you are jumping on the slight interest rate dip that has occurred this month. If any of your rental properties are sitting on interest rates above the 5% area, make sure to try and take advantage of the rate dip to...
by Maureen Laupp | Apr 11, 2019 | Prime Lending
Reasons to Refinance Seemingly every day I encounter someone who should take a serious look at refinancing their mortgage but does not pursue one. The primary reason is that they do not know that they should or how to review their mortgage. To help you determine if a...
by Maureen Laupp | Mar 8, 2019 | Prime Lending
Earnest Money Once a buyer and seller come to an agreement and are in contract, the next step is to deliver earnest money to the title company. While this seems simple enough, there are numerous things that need to be avoided or they could cause issues down the road....
by Maureen Laupp | Feb 8, 2019 | Prime Lending
As we close the books on 2018, there are numerous factors in the real estate that are causing people to balk at purchasing a home. Whether it is the steady increase in mortgage rates, or fear of a depreciation in housing prices rivaling the Great Recession, it’s...
by Maureen Laupp | Jan 8, 2019 | Prime Lending
Like always, we are seeing constant changes in our world of real estate. Whether it be lending, buying, renting, investing, flipping etc., there will always be something changing (sometimes for the better, and sometimes for worse). I wanted to touch on different...