SHOP MORE LENDERS.
LOWER RATES.
LESS FEES.

Big news dropped on Tuesday. The Treasury Department and the FHFA suspended regulations that caused Fannie Mae to limit the amount of loans in their portfolio that were dedicated towards Second/Vacation Homes and Investment Properties.

The restrictions that went in place in January resulted in more difficult qualification requirements and higher rates on these property types. Now that the restrictions have been suspended, rates have improved. If you were in the market to buy or refinance a home, now may be a great time!! ...

Another One! We are so excited to welcome our newest class of Production Managers! These guys started in August and have quickly become a part of the fam. We look forward to all of them passing their licensing exam and becoming official Loan Officers over the next few months!

#primelinecapital #plc #brokersarebetter #mortgageindustry #mortgages #Charlotte #uptown #charlotterealty #licensetoloan #loanofficer #refi #refinance #homebuyer #charlottehome #newjob #bestplacetowork #lendingconfidence ...

Getting out of debt is all about cash flow and consolidating debt via a cash out refinance can reduce your bills and increase your cash flow! With home equity at all time highs and rates at all time lows, you can look at wiping out your debt and possibly even lowering your mortgage payment. Eliminate your monthly bills so you can choose how to spend your money! ...

Experts are predicting the fall housing market will be more tolerable for buyers with more inventory and less bidding wars. If you are looking to buy a new home, here are a few quick tips as you get started:
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1. Get Pre-Qualified
2. Determine your Budget and Specs
3. Find an Expert Realtor
4. Be Decisive
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#firsttimehomebuyer #cltrealestate #homeloans #mortgagetips #homeowners #preapproval #loanofficer #mortgagebroker #lendingconfidence ...

Congrats to our newest class of *official* Loan Officers! This group came in with the best intro video we've ever seen and has been crushing ever since! We are so excited to see all the great things these guys do as MLOs!!

#primelinecapital #plc #good4u #loanofficers #mortageloanofficers #brokersarebetter #NMLS #charlotte #charlotterealty #bestplacestowork #UptownCharlotte #OliviaRodrigo #lendingconfidence ...

The key to beating the bank is using lender credits to eliminate the closing costs on your loan! All banks and lenders have a whole rate sheet to select a rate from. There is a “par” rate which is considered the going rate. To get a rate below that level, you’ll have to pay additional fees or “points” which is essentially pre-paying the difference in interest at a discount. But on the flip side, if you take a rate above par, the bank actually pays you in form of lender credits which get applied to the closing costs. In this case, your monthly payment may be slightly higher but you can save thousands in closing costs. The breakeven point is typically several years and most loans don’t last more than 5!
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#mortgagetips #refinance #mortgagerates #homeloans #cltrealestate #loanofficer #valoans #mortgagebroker #lendingconfidence ...

Great news for prospective buyers: the housing market is showing signs of slowing down for the first time in a long time! Home inventory has increased this summer and prices are steadying. The market certainly isn’t going cold but it seems that demand is now getting closer to supply.
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#cltrealestate #housingmarket #homeloans #charlotterealestate #valoans #mortgagebroker #loanofficer #mortgagetips #preapproval #lendingconfidence ...

Rates are still at the lowest level since February and homeowners have an opportunity to save money! Lower rates equal lower payments but there are several strategies to save. With home values skyrocketing, many homeowners paying PMI have the ability to minimize or eliminate PMI altogether. Cashing out to pay off other debts is a great strategies with mortgage rates so low right now. And lastly, refinancing to a shorter loan term like 15 or 20 year can save tens of thousands of dollars over the life of the loan. Don’t miss out!

#primelinecapital #plc #refiboom #refinanceyourhome #lowrates #cashout #payoffdebt #lowerpayment #mortgage #brokersarebetter #homeowners #charlotte #charlotterealty #rocketpro #lendingconfidence ...

The Refi Boom is back!!! With the recent decline in rates, even more homeowners have the ability to save monthly or take out cash at a better rate! The Freddie Mac National Average 30 Year Fixed Rate hit 2.78% this week marking the lowest levels since February. Home appreciation continues to soar and millions of homeowners are in a position to access equity and lower their payments!

#primelinecapital #plc #refiboom #refinance #homerefinance #lowrates #homeowners #cltrealty #brokersarebetter #mortgagebrokers #lendingconfidence ...

Big news last week as the FHFA announced that they were removing the adverse market refinance fee of 50 basis points on all refinances over $125k. The fee was implemented late in 2020 as a proactive measure to protect against potential risks due to defaults stemming from COVID-19. With the removal of the fee, lenders are able to offer better terms to clients overnight! Loans currently in process are also being credited for this as well. This is a great sign for both consumers and the mortgage industry as the outlook appears to be positive and fears of a foreclosure crisis have diminished.

#primelinecapital #plc #mortgagebroker #brokersarebetter #refinance #FHAloan #lowrates #refi #charlotterealty #cltrealty #CLT #uptown #lendingconfidence ...