Ever wondered how lenders determine how much home you can afford? In this episode, we take a deep dive into the factors that affect mortgage qualification. From calculating income based on different pay types—hourly, salary, self-employed, and more—to understanding debt-to-income (DTI) ratios, we’ll break it all down.

Every situation is unique, and we’ll explore how these factors vary depending on your financial picture. Whether you’re a first-time buyer or looking to move up, this episode will provide clarity on what lenders look for and how to position yourself for success.

Tune in to learn how much you can qualify for and get answers to your mortgage questions!

Please reach out to me with any questions!

Email: heather@empirehomeloans.com
Phone: (916) 952-1686
Instagram: @loanhunter916

NMLS: 129963
Company NMLS: 1839243
DRE: 01402583

Have you wondered why mortgage rates are still hovering around 7%, even though the Federal Reserve has cut rates in 2024? In this episode, we unravel the mystery behind mortgage rates and explain why they don’t align directly with the Fed’s actions.

We’ll explore how the bond market influences mortgage rates, debunk common misconceptions spread by headlines, and discuss what the Federal Reserve’s anticipated rate cuts of 0.5%-1% could mean for the housing market.

Plus, we touch on why the presidential election and the installation of a new president won’t have a direct impact on rates—despite what you may hear in the media.

If you’re looking for clarity on rates, bonds, and the broader economic factors at play, this episode is for you. Tune in now!

Please reach out to me with any questions!

Email: heather@empirehomeloans.com
Phone: (916) 952-1686
Instagram: @loanhunter916

NMLS: 129963
Company NMLS: 1839243
DRE: 01402583

In this episode, I’m sharing two recent success stories that highlight the power of strategic financing. First, I discuss a Veteran client who could have chosen a conventional loan but opted for a VA loan to protect against potential issues with the buyers of their home—a decision that almost became critical! Then, I dive into a story about a client who needed Jumbo financing but faced challenges with their departing residence. We had to think outside the box and explore non-traditional options to close the deal. Stay tuned for more inspiring success stories!

Please reach out to me with any questions!

Email: heather@empirehomeloans.com
Phone: (916) 952-1686
Instagram: @loanhunter916

NMLS: 129963
Company NMLS: 1839243
DRE: 01402583