Shane Kimbrough, Senior Loan Officer NMLS #1273429

09/04/2024

In July, pending home sales across the country saw a substantial decline. There is speculation this may be a result of a “wait-and-see” mentality caused by the upcoming election.

Take advantage of the current market! Sellers may be more motivated to sell with the smaller number of current buyers. Give me a call and we’ll talk through your homebuying goals and the best strategy to help you achieve them!

09/04/2024

Homeownership just got easier with our latest program offering up to $10,000 in down payment assistance! 💸 This program aims to make owning a home more accessible than ever. Don’t let the down payment hold you back—explore your options and take the first step toward homeownership today!

Don't miss out—reach out to us to see how you can qualify! 🏡🔑

09/03/2024

We're thrilled to introduce the SWBC Move Up Program (TM), offering up to $10,000 to help make homeownership more affordable! 💰✨

Ready to learn more? Contact us today and take the first step towards your new home!

09/02/2024

Today we celebrate the nation's workers and their contributions that keep our nation moving forward. Happy Labor Day!

08/30/2024

Is saving time on your 2024's resolution list? It may cost money, but you can prioritize your time by implementing these 5 ideas:

There are lots of ways to use money to save time throughout the day. Check out the best ways to buy back your time for some helpful ideas.

08/29/2024

Installing a retractable patio awning is one of the most effective ways to create a peaceful and comfortable outdoor living space in your backyard. Check out more on how to turn your patio or terrace into a haven of tranquility and relaxation!

In this article, we explore the transformative role of retractable awnings in designing serene and inviting outdoor spaces.

08/29/2024

Don't let your fear of your credit score hold you back from homeownership!

At SWBC Mortgage we offer an array of loan programs, each with their own qualifying criteria. Reach out to learn which could be a good fit for you and your financial setup.

Understanding how lenders use credit scores can give you an edge when you apply for a mortgage loan.

08/28/2024

Ready to make homeownership dreams come true? With our unique options, you can now access financing options tailored specifically for individuals without a Social Security number.

Contact me today to learn more about ITIN options and take the first step towards turning your dreams into reality! 🏠💫

08/28/2024

Earlier this month, mortgage rates dropped to their lowest point in 15 months. Now is a great opportunity for homebuyers to take advantage of these more affordable mortgage rates! Give me a call to discuss your options.

It could make sense to lock in your mortgage rate now — even with a Fed rate cut on the horizon. Here's why.

08/27/2024

Want to learn more about Jumbo Loans? Contact us today!

08/27/2024

Existing home sales improved in July!

An increase of 1.3% has officially broken the 4-month streak of declines. This has allowed consumers more choices on the market and more affordability due to lower interest rates.

Interested in learning more about the current market, or details of your local market? Give me a call today!

08/23/2024

You don’t need a 20% down payment to buy a house!

That belief is very outdated. There are many loan options available to first-time homebuyers that offer flexible down payment requirements.

Let’s connect today to talk through how much you personally would need to save to buy a home that fits your financial goals. Give me a call or send me a DM!

08/22/2024

Homebuilders have adjusted to the market by increasing the number of smaller homes on smaller lots to help provide more options to first-time homebuyers.

In 2023, the median single-family home built was 2,233 square feet, down 9% from the 2015 peak, with many formal dining rooms and “bonus” rooms disappearing.

Is a small house all you need? Give me a call today to check out how much home you can afford!

After years of saving, Jordyn Carias and her partner purchased a home for the first time last month. To find a place that didn’t break the bank, she said, they had to go smaller.

08/22/2024

Lower rent inflation could encourage a cut to mortgage rates. Be on the look out for Wednesday's Consumer Price Index report for July to offer fresh clues on the outlook for interest rates this fall.

Have you been waiting for mortgage rates to come down? Give me a call and let's talk through your goals so you're ready to spring into action if your target rate hits.

Shelter costs were once a main driver of inflation, but that may finally be changing. Wednesday's CPI report for July will offer fresh clues.

08/21/2024

Did you know that your VA loan benefits never expire? Once you qualify, you have access to these benefits for life. You can use your VA loan benefit multiple times.

Whether you’re planning to buy your first home, upgrade, or refinance, the VA loan is here for you. Take advantage of zero down payment, competitive interest rates, and no private mortgage insurance (PMI).

08/20/2024

Renovating your house can feel more like emptying your wallet. But some renovations are worth the extra money—and some aren’t. Check out this list to see which are recommended and why!

Renovating your house can feel more like emptying your wallet. But some renovations are worth extra money—and some aren’t.

08/20/2024

Wire fraud is becoming increasingly prevalent, which is why it is important to be vigilant online about your financial transactions. To help prevent wire fraud, we’ve provided these essential wire fraud prevention tips and tricks. Contact me today for more information!

08/19/2024

Exploring multiple houses before choosing "the one" can help you discover what you want and don't want in a home.

Don't be discouraged if you don't find your perfect home right away - it's out there!

Give me a call today to see how much home you can qualify for to help narrow down your search.

08/16/2024

We might not be able to help you out with puns, but we can definitely help you find your dream home! Contact us today to get started.

08/15/2024

We've seen a recent drop in mortgage rates. If this trend continues, what does that mean for home sales?

Check out this article and reach out with any questions. Want to take advantage of today's rates? Give me a call today to get started!

Mortgage rates are lower than they've been all year so buyers may be motivated to get off the fence. Plus, prices are staying steady.

08/15/2024

There are new changes for people buying and selling homes due to a National Association of Realtors settlement earlier this year. How will it impact home loans?

Conventional, FHA and USDA Loans
-If the seller pays the buyer’s agent commissions, it will NOT be counted in the interested party contribution limits

VA Loans
- A temporary variance has been issued by the VA which allows the Veteran (buyer) to pay reasonable and customary amounts for any buyer broker charges
- The buyer broker commission may not be financed
- If the seller continues to pay the buyer broker charges, VA will not consider it a seller concession

Interested in learning more about these changes? Let’s chat!

08/14/2024

Anticipation is growing for two — or perhaps even three — Fed rate cuts before the end of this year. Here's what to know and what to do if you're in the market for a home purchase:

- The Fed (Federal Reserve Board of Governors) does not control mortgage rates directly.
- As expectation builds, mortgage rates can fall in advance of Fed actions.
- Home listings are up, yet so is pent up demand waiting on lower rates.
- Lower rates will increase affordability, but competition can push prices higher and take away the benefit.

Reach out if you have questions about the current market. We'll be happy to assist.

08/14/2024

There are new changes for people buying and selling homes due to a National Association of Realtors settlement earlier this year. Changes include:

- Both buyers and sellers are now required to sign a written agreement with their agent before the agent shows them a property or assists with a transaction
- Agents can no longer list any sort of compensation when they put a house on Multiple Listing Services

Buyers still have the same options when it comes to compensating their agents and can negotiate to determine how that compensation will be paid.

interested in learning more about these changes? Let’s chat!

08/13/2024

Mortgage interest rates have just DROPPED! 📉 If you've been thinking about buying a home or refinancing, now might be the perfect time to lock in a lower rate and save on your mortgage. Don't miss this opportunity to get closer to your dream home!

08/13/2024

The National Association of Realtors (NAR) reached a settlement which made changes to the way broker compensation is handled, effective August 17, 2024.

- Both buyers and sellers are now required to sign a written agreement with their agent before the agent shows them a property or assists with a transaction
- Agents can no longer list any sort of compensation when they put a house on Multiple Listing Services

Buyers still have the same options when it comes to compensating their agents and can negotiate to determine how that compensation will be paid.

interested in learning more about these changes? Let’s chat!

08/12/2024

Mortgage interest rates have just dropped, making it an ideal time to buy your dream home or refinance your current one! 📉

Lower rates mean smaller monthly payments and more savings over the life of your loan. This could allow you to afford a bigger home or free up extra cash for other financial goals. Don’t miss out—take advantage of these lower rates while they last!

08/09/2024

Did you know that mortgage interest rates play a big role in your home purchase or refinance? 📉 Lower rates mean smaller monthly payments, which can make your dream home more affordable or save you thousands over the life of your loan.

Conversely, higher rates can increase costs, so it's essential to stay informed and act when rates are favorable. Whether you’re buying or refinancing, a small change in interest rates can have a big impact on your finances! 💰🔑

With the recent dip in interest rates, and more projected for later this year... it is a great time to discuss your financial and lifestyle goals. Let's schedule some time to chat.

08/09/2024

Pending home sales had a large increase in June 2024, raising by 4.8%. All four regions of the U.S. posted monthly gains in transactions.

Whether you're a seasoned investor, a first-time homebuyer, or looking to upgrade your living space, we're here to guide you through this market.

08/08/2024

Unlock the door to your dream condo with our flexible mortgage options! 🏙️

Ready to learn more? Let's schedule some time to talk through your goals.