Erik Tomlinson - Supreme Lending - ETFundHome

05/21/2023

3-2-1 Buydown with Talyn Provo Talyn Provo Team at Douglas Elliman Douglas Elliman Texas ! Call me for questions!

This M-Streets charmer is officially off the market!!!! 🔥🙌

This is my clients first home & I could not be more excited for her!! We had many unexpected hurdles and obstacles throughout this transaction, but we were able to get the deal done and my client got a GREAT deal! 💰

Here's what we were able to get for my client:
• 3-2-1 Buydown (Paid by the Seller, Total Value = $26,623)
• 3% INTEREST RATE AT CLOSING (Due to 3-2-1 Buydown)
• $2,500 Seller Credit (For Closing Costs)
• $30K+ Value in Repairs Made (including ALL Original Cast Iron Plumbing Replaced + An Additional Seller Credit for New Windows)
• $10K+ in INSTANT EQUITY (Appraised Value > Contract Price)
• Seller Paid Title Policy

Transactions like this are a reminder that who you work with matters. That’s why choosing the right agent is critical. In every single transaction, it is my goal for my client to walk away with the BEST deal possible & that’s exactly what we did today! 🙌

What is a 3-2-1 Buydown?
A type of mortgage financing arrangement that involves temporary interest rate reductions for the initial years of the loan term. This arrangement is beneficial because it allows borrowers to enjoy lower monthly mortgage payments during the initial years of homeownership when expenses may be higher due to moving and settling in, providing some financial relief and flexibility during the early stages of the loan.

The specific terms, costs, and eligibility criteria for a 3-2-1 rate buydown can vary. Reach out to if you’d like to learn more!
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📲: 214.529.3480
📧: [email protected]
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05/05/2023

Cinco de Mayo is a time to come together and celebrate the strength of a community. At Supreme Lending, we believe in building strong communities through responsible lending practices and fair access to homeownership for all.

05/01/2023

Did you know that pre-qualification for a mortgage can make your home buying process a whole lot easier? Here's why: getting pre-qualified with Supreme Lending means that you'll have a better understanding of what you can afford, which can save you time and hassle later on in the loan process. It also gives you an advantage when it comes to making offers on a home, as sellers will know that you're a serious buyer with financing already in place. So, if you're ready to take the first step towards homeownership, let Supreme Lending help you get pre-qualified and make your dreams a reality!

04/27/2023

Don't let an adjustable-rate mortgage (ARM) intimidate you. With our team of mortgage experts, we'll help you understand the ins and outs of this type of loan so you can make an informed decision about your home financing options.

An adjustable-rate mortgage is a type of home loan in which the interest rate can change over time. ARMs typically have an initial fixed-rate period during which the interest rate remains the same, followed by a period during which the rate adjusts at regular intervals based on market conditions.

04/24/2023

At Supreme Lending, we believe that there's no such thing as a one-size-fits-all mortgage. That's why we offer a wide range of flexible loan options designed to fit your lifestyle and financial situation.

04/19/2023

When you choose Supreme Lending for your mortgage needs, you can trust that you're getting more than just a loan. Our team is dedicated to providing you with unparalleled customer service from start to finish.

04/17/2023

April showers may bring May flowers, but they also bring new opportunities for the mortgage industry! Stay ahead of the game with our state-of-the-art tools and expertise.

04/13/2023

Do you know what a fixed-rate mortgage is?
We're here to help. A fixed-rate mortgage is a type of mortgage where the interest rate remains the same throughout the entire term of the loan. This can make budgeting and planning for monthly payments easier and more predictable.