Tag Archives: Jumbo Loans

Jumbo Lending Still Available

Here at Lake Norman we have continued to see little to no showings and sales in the upper price ranges.  I found this article particularly helpful.  The loans are available. Bank of America has cut interest rates on jumbo mortgage … Continue reading

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Mortgage Interest Rates from Peoples Bank

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Today’s Interest Rates Provided By Peoples Bank in Denver, NC

CONVENTIONAL <= $417,000 30 Year Fixed Rate   5.375%  JUMBO >$417,000 30 Year Fixed JUMBO  6.25%   GOVERNMENT LOAN PROGRAMS FHA 30 Year Fixed  5.375% VA 30 Year Fixed  5.375% USDA 30 Year Fixed  5.50% Need a Great Lender, Try Suzanne! … Continue reading

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What the Bank will Need to Provide You with a PreApproval to Purchase Your New Home

Organize your finances before you go to the bank. While each bank may require different documentation, at a minimum you will need: – Pay stubs. – Tax returns. – Financial statements (one that is less than 60 days old). – … Continue reading

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How to Prepare to Buy a Home

Many people are gaining interest in buying a new home as the summer heats up!  The Inventory continues to be full of great deals!  BUT where do you start? 1.  Start by learning about the $8000 Tax Credit and how … Continue reading

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Interest Rates Today Per Peoples Bank in Denver, NC

If you were waiting for the bottom, I think we are there! 30 Year Fixed – 5.25% 30 Year  Fixed JUMBO – 6.125% GOVERNMENT LOAN PROGRAMS                                          FHA 30 Year Fixed  – 5.25%                         VA 30 Year Fixed  – 5.375%                                                                             USDA 30 Year Fixed – … Continue reading

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Today’s Interest Rates From Peoples Bank in Denver, NC

Mortgage Interest Rates are rising a smidge, but home pricing is still very low!  Don’t miss an opportunity before it gets away from you! 30 Year Fixed Under $417,000 – 5.125% 30 Year Fixed Above $417,000 – 6% FHA 30 … Continue reading

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