23 Oct 2024 How Elections Impact the Housing Market: What You ... With every election season, there’s a noticeable shift in various sectors of the economy – and the housing market is no exception. As a local 5-star mortgage broker here at Leverage Lending Group, we often get questions about how elections affect home buying, mortgage rates, and housing demand. Let’s take a closer look at how […] Share on Facebook Share on Twitter
7 Oct 2024 Should You Renovate Your Home to Increase Its Valu... As a homeowner, you may wonder if renovating your home is the key to increasing its value, especially if you’re thinking about selling or refinancing. While home improvements can boost value, not all renovations are created equal. Whether you’re staying put or planning to sell, it’s important to know which upgrades are worth the investment […] Share on Facebook Share on Twitter
20 Sep 2024 When Should You Consider a Refinance? Refinancing your mortgage can be a game-changer, especially when done at the right time. At Leverage Lending Group, a local Charlotte-based mortgage company, we’ve helped countless homeowners strategically refinance for a variety of reasons. Whether you’re considering a rate and term refinance to lower your interest rate or a cash-out refinance to consolidate debt or […] Share on Facebook Share on Twitter
13 Sep 2024 The Benefits of Closing an Investment Property Loa... If you’re considering purchasing an investment property, you’ve probably heard about using an LLC (Limited Liability Company) to close your loan. While some may think of this as just another layer of complexity, closing your investment property loan in an LLC can offer a number of advantages. Here’s why this strategy is worth considering. ### […] Share on Facebook Share on Twitter
29 Aug 2024 Protect Your Personal Information What to Do After... In today’s digital age, data breaches are becoming increasingly common, putting your personal information at risk. A recent breach has surfaced, potentially exposing sensitive data, including Social Security numbers, to the dark web. This exposure could lead to identity theft, financial fraud, and other serious consequences. It’s crucial to take immediate steps to protect yourself. […] Share on Facebook Share on Twitter
15 Aug 2024 Understanding the Differences: Paying for Points v... When navigating the home-buying process, one of the most important decisions you’ll face as a buyer is how to structure your mortgage. Among the various choices, whether to pay for mortgage points or opt for a no-points mortgage is a critical decision that can significantly impact your financial future. At Leverage Lending Group, a trusted […] Share on Facebook Share on Twitter
7 Aug 2024 Unlock Your Dream Home with a Bridge Loan: Say Goo... At Leverage Lending Group, we understand the excitement of finding your dream home and the stress that can come with selling your current one. In today’s competitive real estate market, making a non-contingent offer can make all the difference. That’s where a bridge loan comes in. **What is a Bridge Loan?** A bridge loan is […] Share on Facebook Share on Twitter
26 Jul 2024 Unlocking the Benefits of Bank Statement Loans for... In the ever-evolving landscape of home financing, traditional mortgage options may not always be the best fit for everyone. This is particularly true for self-employed individuals who may find it challenging to meet the stringent income documentation requirements of conventional loans. Enter the bank statement loan – a flexible, accessible, and increasingly popular solution designed […] Share on Facebook Share on Twitter
18 Jul 2024 What Are Closing Costs? Introduction Closing costs are an essential part of the home-buying process. Understanding these fees can help you budget accurately and avoid surprises at the closing table. Common Closing Costs · Appraisal Fees: Typically $500-850, covering the cost of evaluating the property’s value. · Title Insurance: Protects against legal issues with property ownership, usually around 0.5% of the […] Share on Facebook Share on Twitter
12 Jul 2024 Which Type of Mortgage Is Best for Me? Introduction Choosing the right type of mortgage is crucial for your financial future. Understanding the different options available will help you make an informed decision. Fixed-Rate Mortgages Predictability: The interest rate remains the same throughout the loan term, making your monthly payments stable. Term Lengths: Common terms are 15, 20, or 30 years. Best For: […] Share on Facebook Share on Twitter