Week 4: The Future of the Mortgage Industry – My Predictions As we look toward the future, several trends are likely to shape the mortgage industry. First, I expect continued technological advancements that will further streamline the loan process. From AI-driven underwriting to blockchain-based property records, innovation will remain a key driver of change. Second, I […]

Week 3: The Rise of Non-QM Loans and Expanded Borrowing Options In today’s market, not every borrower fits neatly into the traditional lending box. That’s where non-qualified mortgage (non-QM) loans come into play. These products are designed for borrowers with unique financial situations, such as self-employed individuals, real estate investors, or those with recent credit events. […]

Week 2: How Lenders Are Innovating in a Challenging Market The mortgage industry has always been resilient, and today’s market is no exception. Lenders are getting creative to attract and retain borrowers despite higher rates and market uncertainty. Some are offering rate buydown programs where sellers or lenders pay a portion of the interest upfront to […]

Week 1: Current Mortgage Rates and Market Trends As we kick off this four-week series on the state of the mortgage industry, let’s dive into the current landscape. Mortgage rates have remained a key point of conversation for both homebuyers and industry professionals. Despite some fluctuations, rates are still significantly higher than the record lows we […]

As the year winds down, many people focus on holiday celebrations and New Year’s resolutions. But for savvy homebuyers, the final weeks of 2024 offer a unique opportunity to score big on financial savings. Closing on a home before December 31 can provide valuable tax benefits that could put more money back in your pocket. […]

Applying for a mortgage is a big step, and if you’re like most borrowers, you want to ensure your application process is as smooth and successful as possible. One way to make this happen is by opting out of pre-screened credit offers. Opting out through OptOutPrescreen can improve your financial profile, protect your credit, and […]

**The Benefits of Using OptOutPrescreen: Protect Your Credit from Spam Solicitations** In today’s world, managing personal data is essential to protecting your credit, especially as unsolicited offers for credit cards and loans increase. Here at Leverage Lending Group, a 5-star rated mortgage broker, we understand that safeguarding your financial information is just as important as […]

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 […]

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 […]

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 […]