by Ballard Team | Oct 1, 2025
A reverse mortgage* is a unique loan designed to help eligible homeowners and homebuyers aged 62 or older convert some of their home equity into cash. This program may offer greater flexibility and financial independence, especially for those entering retirement....
by Ballard Team | Aug 27, 2025
When buying a home, one of the first decisions you’ll make is whether to purchase a condominium or a single-family home. Beyond lifestyle and location, the type of property you choose directly affects the mortgage loan process. Lenders view condos and single-family...
by Ballard Team | Aug 14, 2025
An Overview of Your Mortgage Checklist Ready to buy a home but don’t know where to start? We’ve got you covered with what is needed for the loan application process with this basic mortgage checklist! To qualify for a home loan, lenders will need to review several...
by Ballard Team | Jun 9, 2025
You’ve submitted your initial mortgage application, completed the necessary paperwork, and even had your home appraised. Now, you find yourself at the crucial stage of the loan process – underwriting. This is where the underwriter, acting as a gatekeeper for the...
by Ballard Team | Apr 1, 2025
What’s an Appraisal? For those who have never been through the mortgage process before, an appraisal refers to an unbiased estimate of a home’s value. A professional appraiser evaluates the property to confirm its worth, which is then used to determine how...
by Ballard Team | Feb 7, 2025
If rising mortgage rates have you weighing your options, a 2-1 Temporary Interest Rate Buydown might be worth exploring. Supreme Lending offers this for eligible conventional, FHA, and VA loans, allowing for a lower interest rate in the first two years. This gives the...
