By: Jennifer Cunnington, Loan Consultant
If you’re like me, the stories about our economy in the news can be confusing. Is it the right time to buy, or should we wait until the bottom drops out? Is financing readily available? Well, the answer is…..YES! The reason? OPPORTUNITY. As a mortgage broker, I am asked these questions every day. Many buyers are “on the fence” and feel that the market will continue to decline, however, since interest rates have fluctuated, waiting may nullify any small additional savings in price and will postpone the realization of a the benefits of buying your home!
Just last week a client of mine contacted me before their loan was about to fund and asked if our lender was able to close due to recent news reports of many banks going out of business. Truth be told, there is still a plethora of financing options available today from stable institutions. Mortgages written today are more solid than ever, safe for buyers and lenders and interest rates for conforming mortgages are still at very reasonable, historically low levels. While it’s true that many of the looser and more extravagant options are on their way out, buyers are still able to obtain a variety of loans. The key is to employ a mortgage broker who is experienced, deals with stable lenders and will take the time to analyze your personal goals to find a mortgage that will meet your needs.
Please contact me to find out what I can do for you in today’s changing market! I look forward to helping you with professional service and results.
Jennifer Cunnington
Loan Consultant
Equity Home Mortgage, LLC
503-699-6439
jennifercunnington@equityhome.com
www.equityhome.com/jenniferc
Just last week a client of mine contacted me before their loan was about to fund and asked if our lender was able to close due to recent news reports of many banks going out of business. Truth be told, there is still a plethora of financing options available today from stable institutions. Mortgages written today are more solid than ever, safe for buyers and lenders and interest rates for conforming mortgages are still at very reasonable, historically low levels. While it’s true that many of the looser and more extravagant options are on their way out, buyers are still able to obtain a variety of loans. The key is to employ a mortgage broker who is experienced, deals with stable lenders and will take the time to analyze your personal goals to find a mortgage that will meet your needs.
Please contact me to find out what I can do for you in today’s changing market! I look forward to helping you with professional service and results.
Jennifer Cunnington
Loan Consultant
Equity Home Mortgage, LLC
503-699-6439
jennifercunnington@equityhome.com
www.equityhome.com/jenniferc
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