Pros and Cons of Renting vs Buying
There is a misconception about mortgage lenders and how they target renters to apply for a loan. Most lenders understand that there are certain circumstances and reasons why people should choose renting versus buying a home. If they are a good lender like Direct Lenders, LLC then they will target renters for the right reasons. […]
Read More
How Interest Rates Are Determined
An interest rate is probably the most popular topic when it comes to the mortgage industry. Of course, there are much more aspects into this detailed business, such as annual percentage rates, annual prime offer rate, loan programs, and so much more. Lately, we have seen some historical interest rates and it is crazy to […]
Read More
Why Loan Officers Don’t Succeed
The mortgage industry is growing older. More specifically, the loan officers in the mortgage industry are aging out while the number of youth is not replenishing the business. So what’s the deal with this trend? Many people are trying to figure out why so many are entering this rewarding sales career, but not making it […]
Read More
Finance Your Home In 2022
The new year is here and everybody in the mortgage industry is eager to jump right into it with a ton of opportunities for borrowers. All of us found ourselves in awe how low interest rates were these past two years and how high the price of homes escalated. We want to help you finance […]
Read More
Direct Lender’s Top 5 Christmas Movies
Okay! It is that time of year where we throw some wood in the fireplace and sit back on the couch with a hot beverage in hand and our favorite holiday movie rolling on the screen in front of us. Each year a lot of us have the same debate as to which Christmas movies […]
Read More
Coming Soon: FHA Loan Limit Increases
The 2022 FHA loan limits were announced just a little while ago. The new loan limit for single-family residences in metro areas is $471,500, which is a $58,650 increase to the previous limit, which was $412,850. A higher limit is no surprise after conforming conventional loans saw a large jump from the previous year. The […]
Read More
2022 Conforming Conventional Loan Limits Increased
As we approach the new year some big news was released that may help people purchase a more expensive property and save additional money during financing. Conforming conventional loan limits are being increased to $647,200 effective January 1, 2022. Although, we are able to provide benefits for higher loan limits available TODAY. The previous loan […]
Read More
Home Renovations Do’s & Don’ts
A realtor approached me the other day and was very distraught. When explaining why, she told me that one of her clients decided to have some home renovations done before selling their home. They spent nearly $20,000 replacing every window in their home and found out it did very little for their home value. This […]
Read More
When To Get Pre-Approved
As my career in the mortgage industry has taken off I have been asked many great questions from borrowers. One that stands out the most is, “When should I get pre-approved?“ The best answer is to get pre-approved right as you start to seriously look for a new home. The pre-approval can last up to […]
Read More
How To Build A Happy & Healthy Home
So you found your dream home and you financed it with Direct Lenders, LLC. Now you’re starting a family or expanding one. Everyone needs to think about what they want their home to look like. I think it is safe to say that we all strive to have a happy and healthy home. We are […]
Read More