Correspondent John McCalmont meets with Suzie Reed, Senior Loan Officer for Supreme Lending, at their corporate offices in Dallas, Texas to debunk mortgage myths and clear up a few misconceptions about securing a mortgage for the first time. Suzie explains, “You would be surprised how many people think, especially after 2008, that unless you’re wealthy, buying a home is out of the question. Not true. In fact, the opposite of that misconception happens every day. Don’t assume you’re not qualified.” To make the point, we talk with a new homeowner who learned how the system works, and secured a mortgage without being wealthy. Suzie further explains how to prepare for pre-qualification, as well as tidbits of advice and ideas to help a first time buyer have all their finances and paperwork together. Suzie concludes, “Don’t be afraid to call a licensed mortgage lender to talk through the loan options available to you, based on your finances and credit.”
Debunking Mortgage Myths
Are you ready to buy a home but feel you may not be able to secure a mortgage?
Buying a home is considered to be part of the American Dream. Are you ready to buy a home but feel you may not be able to secure a mortgage?
It’s not impossible! There are a lot of assumptions that potential homebuyers are making. Here are a few of the most common misconceptions:
- 20% down is ALWAYS required
- Perfect credit is a necessity
- Mortgage loans take forever to close
- The process is ALWAYS a nightmare
Don’t assume you’re not qualified! Supreme Lending wants you to know there are many programs that can help individuals achieve home ownership and wants to debunk many of the myths that exist. Here are the top three tips for a great home loan experience:
- Choose the right lender. You need to be comfortable with the person you’re teaming up with to get you through this process. They will need to actively communicate with you – helping you understand the exciting and important commitment you’re making in purchasing a home.
- Ask a lot of questions. The more you know the less stressed you’ll feel, and mortgages are complicated!
- Don’t make assumptions. You should feel comfortable and confident every step of the way. If you feel like you’re guessing or unsure of something, refer back to #1 and #2!
So start gathering your paperwork, pay stubs tax returns and visit with a licensed mortgage expert at Supreme Lending who will make sure you’re prepared for home ownership.
To watch this segment with Suzie Reed, NMLS #105289 Senior Loan Officer at Supreme Lending, please click here: http://www.designingspaces.tv/supreme-lending-clearing-misconceptions-mortgages/
For more information, please visit: http://www.supremelending.com
EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING (NMLS ID #2129) at 14801 Quorum Dr., #300, Dallas, TX 75254. Copyright © 2015 All rights reserved. For all licenses, visit http://www.nmlsconsumeraccess.org/. Equal Housing Opportunity Lender.
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Designing Spaces® Helps Debunk Mortgage Myths with Supreme Lending
FOR IMMEDIATE RELEASE
Designing Spaces® Helps Debunk Mortgage Myths with Supreme Lending
Supreme Lending helps clear up misconceptions about securing a mortgage for the first time on February 19 on Lifetime
(Pompano Beach, FL – PR LOG – February 17, 2015) Navigating the mortgage process can be a challenge for first-time homebuyers, and award-winning home improvement show Designing Spaces will feature Supreme Lending on Thursday, February 19, 2015 at 7:00 a.m. (ET/PT) on Lifetime to discuss the many assumptions that potential homebuyers may be making and options for obtaining a mortgage. The encore presentation of this show will air on March 12, 2015 at 7:00 a.m. (ET/PT) on Lifetime.
During the segment, “Debunking Mortgage Myths: Clearing Up Misconceptions about Mortgages”, the Designing Spaces team will meet up with Suzie Reed, Senior Loan Officer for Supreme Lending at their corporate offices in Dallas, Texas. Reed will sit down with a couple who have been through the process of obtaining a first mortgage and lead a candid discussion on common misconceptions about obtaining a home loan, and tips for having a great home loan experience.
“We are excited to partner with Supreme Lending to give our viewers who are contemplating buying a home, especially for the first time, the facts about today’s market, and options that are available to help them achieve their dream home,” said Scott Moss, Director of Programming of Designing Spaces®.
“We know the mortgage process can be confusing, and many potential homebuyers have lost faith in the industry,” said Rick Hogle, Chief Strategic Officer of Supreme Lending. “It’s important that America knows that home buying has changed for the better, and there are institutions out there that truly focus on helping people choose the right mortgage program for their unique financial lifestyle.”
For more information, please go to: http://www.supremelending.com
About Designing Spaces® on Lifetime
Entering its 11th year, Designing Spaces continues to be one of America’s favorite home improvement shows. The show inspires viewers on decorating ideas, do-it-yourself projects and step-by-step home improvements to help make every space count and provide solutions to help you enjoy the space you live, work and play in. Designing Spaces Family of Spaces includes Think Green Spaces, Kids Spaces and its widely popular Spaces of Hope which prides itself on assisting people and places in dire need of a makeover including children’s shelters, animal shelters, military families and more. Designing Spaces airs Thursdays and Fridays at 7:00 a.m. (ET/PT) on Lifetime Television. To view special segments visit: http://www.designingspaces.tv
For more information about O2 Media Inc. Branded Entertainment, Product Placement and TV Brand Integration, please go to: http://o2mediainc.com/Pages/187/Branded-Entertainment
Information about Supreme Lending:
Supreme Lending is a Dallas, Texas based mortgage company with local branches throughout the United States. Supreme Lending has a corporate culture based on a customer-comes-first approach, partnering with homebuyers to help realize their dreams of homeownership. Customers with Supreme consistently provide great feedback, producing high response rates to customer satisfaction surveys (81.1% response rate in 2014) and high overall satisfaction scores (96.7% in 2014). Supreme Lending has been recognized as an Inc. 500/5000 company (2014, 2013 and 2012); is a Scotsman Guide Top Mortgage Lender(2014 and 2013); and was named one of the Top 100 Mortgage Companies in America by Mortgage Executive Magazine (2013).. For further information please visit http://www.supremelending.com or call (888)392-0250.
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