Mortgage Checklist: What Documents Will You Need?
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...
Your Guide to the FHA 203(h) Disaster Relief Loan
All You Need to Know About the FHA 203(h) Disaster Relief Loan Program When natural disaster strikes, the devastation it leaves behind can be overwhelming, especially if your home is damaged or destroyed. At Supreme Lending, we know how difficult it can be to rebuild...
Your Guide to the FHA 203(k) Renovation Loan Program
Discover the Program Highlights of an FHA 203(k) Renovation Loan Are you ready to turn a fixer-upper into your dream home? Whether it’s a home you’ve just bought or already own, renovation loans like the FHA 203(k) program may help you finance both the purchase and...
Supreme Lending Increases 2025 Conforming Loan Limits Available Now
Supreme Lending is proud to announce the conforming 2025 loan limits have increased and, the best part, the company is offering the raised loan limits today. For single unit properties, the conforming limit is now $800,000, up from $766,550. While Fannie Mae and...
The Hidden Costs of Homebuying: What to Know Beyond the Down Payment
Buying a home is a major milestone, and while most prospective buyers are focused on saving for the down payment, there are additional homebuying costs to consider. From closing costs to ongoing home maintenance expenses, it’s important to understand the costs beyond...
FHA Loans for Non-First-Time Homebuyers: How It Works
Can repeat buyers qualify for FHA loans? When you think of an FHA loan, it’s often associated with first-time homebuyers. After all, FHA loans are widely known for lower down payment and flexible credit requirements. But did you know that FHA loans are not just...
Home Appraisal Checklist: Key Factors to Consider
Your Quick Home Appraisal Checklist When buying or selling a home, it’s important to understand the importance of a home appraisal during the mortgage process. Appraisals determine the value of a property based on various factors, ensuring buyers, sellers, and lenders...
What Are Supreme Lending Credit Score Requirements?
An Overview of Supreme Lending Credit Score Requirements When you’re preparing to buy a home, understanding the mortgage credit score requirements is essential. Your credit plays a significant role in determining your eligibility for various loan programs, as well as...
Home Equity Line of Credit: What Is a HELOC?
When homeowners think about tapping into the equity they’ve built in their property, a Home Equity Line of Credit, also known as a HELOC, may come to mind. This alterative transaction mortgage can be incredibly versatile and useful for eligible homeowners to access...