Erik Tomlinson - Supreme Lending - ETFundHome

05/21/2023

3-2-1 Buydown with Talyn Provo Talyn Provo Team at Douglas Elliman Douglas Elliman Texas ! Call me for questions!

This M-Streets charmer is officially off the market!!!! 🔥🙌

This is my clients first home & I could not be more excited for her!! We had many unexpected hurdles and obstacles throughout this transaction, but we were able to get the deal done and my client got a GREAT deal! 💰

Here's what we were able to get for my client:
• 3-2-1 Buydown (Paid by the Seller, Total Value = $26,623)
• 3% INTEREST RATE AT CLOSING (Due to 3-2-1 Buydown)
• $2,500 Seller Credit (For Closing Costs)
• $30K+ Value in Repairs Made (including ALL Original Cast Iron Plumbing Replaced + An Additional Seller Credit for New Windows)
• $10K+ in INSTANT EQUITY (Appraised Value > Contract Price)
• Seller Paid Title Policy

Transactions like this are a reminder that who you work with matters. That’s why choosing the right agent is critical. In every single transaction, it is my goal for my client to walk away with the BEST deal possible & that’s exactly what we did today! 🙌

What is a 3-2-1 Buydown?
A type of mortgage financing arrangement that involves temporary interest rate reductions for the initial years of the loan term. This arrangement is beneficial because it allows borrowers to enjoy lower monthly mortgage payments during the initial years of homeownership when expenses may be higher due to moving and settling in, providing some financial relief and flexibility during the early stages of the loan.

The specific terms, costs, and eligibility criteria for a 3-2-1 rate buydown can vary. Reach out to if you’d like to learn more!
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📲: 214.529.3480
📧: [email protected]
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05/05/2023

Cinco de Mayo is a time to come together and celebrate the strength of a community. At Supreme Lending, we believe in building strong communities through responsible lending practices and fair access to homeownership for all.

05/01/2023

Did you know that pre-qualification for a mortgage can make your home buying process a whole lot easier? Here's why: getting pre-qualified with Supreme Lending means that you'll have a better understanding of what you can afford, which can save you time and hassle later on in the loan process. It also gives you an advantage when it comes to making offers on a home, as sellers will know that you're a serious buyer with financing already in place. So, if you're ready to take the first step towards homeownership, let Supreme Lending help you get pre-qualified and make your dreams a reality!

04/27/2023

Don't let an adjustable-rate mortgage (ARM) intimidate you. With our team of mortgage experts, we'll help you understand the ins and outs of this type of loan so you can make an informed decision about your home financing options.

An adjustable-rate mortgage is a type of home loan in which the interest rate can change over time. ARMs typically have an initial fixed-rate period during which the interest rate remains the same, followed by a period during which the rate adjusts at regular intervals based on market conditions.

04/24/2023

At Supreme Lending, we believe that there's no such thing as a one-size-fits-all mortgage. That's why we offer a wide range of flexible loan options designed to fit your lifestyle and financial situation.

04/19/2023

When you choose Supreme Lending for your mortgage needs, you can trust that you're getting more than just a loan. Our team is dedicated to providing you with unparalleled customer service from start to finish.

04/17/2023

April showers may bring May flowers, but they also bring new opportunities for the mortgage industry! Stay ahead of the game with our state-of-the-art tools and expertise.

04/13/2023

Do you know what a fixed-rate mortgage is?
We're here to help. A fixed-rate mortgage is a type of mortgage where the interest rate remains the same throughout the entire term of the loan. This can make budgeting and planning for monthly payments easier and more predictable.

04/11/2023

Happy National Pet Day from our furry friends to yours! At Supreme Lending, we understand the important role that pets play in our lives and our homes. That's why we're committed to helping you find the perfect place to call home, where both you and your furry companions can thrive.

04/10/2023

Stay safe and comfortable during severe weather and tornado season by stocking up on emergency supplies like batteries, flashlights, and non-perishable food items. And don't forget to have a plan in place for evacuation if necessary. Supreme Lending is here to help you weather any storm.

04/07/2023

Hunting for the perfect mortgage? Look no further - we've got the Easter egg you've been searching for!

04/05/2023

The early bird gets the worm, and the prequalified buyer gets the house! Contact us today to get started on your prequalification journey.

04/03/2023

Why limit yourself to one type of home? With our flexible mortgage options, you can have the best of both worlds - a condo or a single-family home.

04/01/2023

We don't need a prank to convince you - our mortgage options speak for themselves! Happy April Fools' Day from Supreme Lending.

03/30/2023

Found a fixer-upper in the perfect location? Want to refresh an older property? Create the home of your dreams with a FHA 203(k) loan, which combines the mortgage with a construction loan to finance the upfront costs of home repairs and rehab projects. There is a Limited or Standard option depending on scope and size of renovation. Contact us to see which loan program could be right for you!

03/28/2023

Exciting news! The VA funding fee has been reduced for purchase and cash-out refinance loans closing on or after April 7, 2023. This could save borrowers hundreds of dollars and help more people achieve the dream of homeownership in the country they so bravely served!

For example, eligible Veterans or military personnel who pay less than 5% or a zero down payment on their first VA-backed loan will now only pay a 2.15% funding fee. Contact us to learn more!

03/24/2023

Springtime is typically considered one of the best seasons to sell a home. For buyers, it’s ideal because there’s enough time to move and get settled into a new home for summer. For sellers, it’s time to get your house ready for showings and attract buyers! Here are few tips.

03/22/2023

There’s no one mortgage that fits all. When considering a home loan, it’s important to know your goals. Do you want the lowest monthly payment without a Mortgage Insurance Premium (MIP)? Will you need down payment assistance? Do you plan to sell the home in a couple of years and could benefit from an Adjustable-Rate Mortgage (ARM)? Our team can present your options and see if you're pre-qualified today.

03/20/2023

It’s time to celebrate warmer weather, wildflowers, and sunnier days! Are you ready to spring into homeownership? Supreme Lending has a bouquet of mortgage programs ready to help.

03/17/2023

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Don’t leave achieving your homeownership goals up to luck. Choose Supreme Lending to help get you to the home of your dreams. Happy St. Patrick's Day!

03/17/2023

Don’t leave achieving your homeownership goals up to luck. Choose Supreme Lending to help get you to the home of your dreams. Happy St. Patrick's Day!

03/15/2023

Worried about applying for a mortgage because you don’t have a perfect credit score? Don’t be! Yes, a borrower’s credit is important when qualifying for a home loan, but it’s not the only factor considered. There are several loan programs available that allow lower minimum credit scores, such as FHA and first-time homebuyer loans.

03/14/2023

Our goal at Supreme Lending is to make the mortgage process as easy as Pi(e). If you want to get your own slice of homeownership, contact us today to learn about our wide variety of home financing options.

03/10/2023

Do you enjoy the amenities of an apartment complex but want the advantages of owning a home and building equity? Purchasing a condo is a popular choice among homebuyers looking for a low maintenance option and convenient services. While financing a condo differs from a single-family home and can be complex, Supreme Lending’s dedicated in-house condo team provides a smooth and seamless closing experience.

03/08/2023

Happy International Women's Day! Today and every day, we celebrate women’s achievements and embrace equality for all in our communities and in homeownership.

03/07/2023

March may be your lucky month if you've been considering an FHA loan. Reduced mortgage insurance premiums on FHA loans are NOW in effect at Supreme Lending!

03/03/2023

There are several types of contingencies that can be added to a real estate contract when purchasing a home to protect both buyers and sellers from unexpected changes during the sales process. If agreed-upon contingency clauses or conditions are not met, the contract can be void. Common contingencies include: the buyer must obtain loan approval by a certain date before closing; a home inspection is requested before agreeing to purchase; an appraisal is required if the property is valued less than the purchase price; and a title search to ensure the seller has the right to transfer the ownership of the property.

03/01/2023

THIS OR THAT! Would you rather have a sparkling pool or cozy firepit in your dream backyard? With the right home financing, you may be able to have both! If you’re ready to take the plunge to purchase a new home or refinance to fund property renovations, we’re here to help.