Supreme | Lending in Texas

Homebuying Expenses You Might Not Expect: The Down Payment and Beyond

Dec 2, 2024 | Supreme

Whether it’s a reel in your social media feed or a casual dinner conversation, saving for a down payment often takes center stage when discussing the homebuying journey. What you may hear less about are the additional costs tied to homeownership. From property...

Understanding Credit Score and Down Payment Requirements By Mortgage Type

Oct 11, 2024 | Mortgage, New Homes, Refinance, Supreme

For those looking to buy a home, knowing the credit score and down payment requirements is key to navigating the mortgage process. At Supreme Lending, we understand that buying a home is one of the most significant financial decisions you’ll make, and we’re here to...

What to Know About Home Appraisals and Your Mortgage

Sep 30, 2024 | Supreme

When you’re buying or selling a home, a crucial yet often overlooked step is the home appraisal. This process ensures that everyone—buyers, sellers, and lenders—are on the same page regarding the property’s value. Understanding what appraisers look for can help...

Waiting to Buy Your Dream Home May Cost You More

Aug 23, 2024 | Refinance, Supreme

In the ever-evolving housing market, timing is everything. While it’s tempting to sit on the sidelines waiting for interest rates to drop, this strategy may not be in your best interest. Here’s why acting now may be the smarter move. The Myth of Waiting...

How Soon Can You Refinance a Mortgage?

Aug 23, 2024 | Mortgage, Refinance, Supreme

Refinancing* your mortgage may be a smart financial move, whether you’re looking to lower your monthly payments, shorten your loan term, or tap into your home’s equity. However, one common question homeowners have is, “How soon can I refinance after...

Jumbo Loans: What You Need to Know

Aug 8, 2024 | Supreme

When buying a home, especially in today’s competitive real estate market, you might encounter properties that exceed conforming loan thresholds. This is where jumbo loans come into play. Jumbo loans may help you finance homes and properties in high-cost areas....