Michele Palme - Edina Realty Mortgage - NMLSR ID 1945824

Cheers to the first day of summer and all the sweet moments it brings! 🍦 Whether you’re enjoying an ice cream cone or dreaming about your perfect home, summer is the season for new beginnings. We’re here to help you find a home you'll love. What’s your favorite summer memory or dream home feature? Share with us in the comments!

Wishing you could roll back interest rates?🌠 We've got you covered. Our Rate Rollback program lowers your interest rate and monthly payments for the first year of homeownership! You can use this throwback to step into your dream home with ease. Ready to get started? Contact us today!

ICYMI: 🏡📈 The latest FHFA House Price Index report for Q1 2024 shows owning a home continues to be a strong investment! U.S. house prices surged by 6.6% from Q1 2023 to Q1 2024, with a notable 1.1% increase over Q4 2023 alone. Since 1991, home values have tripled, showcasing remarkable long-term growth in the housing market. 📊

This data highlights the resilience and dynamism of the U.S. housing market. For homeowners, it's a clear indicator of building equity. For prospective buyers, it’s a call to understand market dynamics and make informed decisions.

At Edina Realty Mortgage, we're committed to keeping you informed and prepared amidst these trends. Whether you're considering buying, refinancing, or just curious about the market, understanding these changes is essential for making the best choices for your future.

Let's hear from you: How do these rising home prices impact your plans for 2024? Drop your thoughts in the comments below! ⬇️

💎 Discover the 4 C’s of Qualifying for a Mortgage! Understanding Capacity, Capital, Collateral, and Credit is key to unlocking your dream home. Whether you're a homebuyer or a real estate partner, this knowledge is your ultimate asset. Share this post to help others shine bright in their home-buying journey! ✨🏡

♥🤍💙 Embracing the Spirit of Freedom and Unity on Flag Day! ♥🤍💙

At Edina Realty Mortgage, we believe in celebrating the values that unite us all. This Flag Day, we want to see how you proudly display your flag! Whether it's on your porch, in your yard, or at a special event, show us your flag-flying pride.

📸 Share your photos and stories with us in the comments below! How do you fly your stars and stripes?

🌟 Big News for Real Estate Agents! 🌟

Starting August 10th, the VA is lifting the ban on agent commissions for VA loan transactions! This update, stemming from the NAR settlement, is a game-changer for both our VA homebuyers and our agent partners. 🙌

What You Need to Know:

✅ Effective Date: August 10th

✅ Veterans can now pay reasonable commissions and broker fees

✅ Sellers can still pay buyer-broker fees without it counting as a seller concession to the buyer

✅ More updates to come as the VA reviews regulations

Have questions? We’re here to help. Let’s navigate these changes together and keep moving forward! 💪

5.0 star review received on Experience.com for Michele Palme by Kimberly L - Everything flowed smoothly and I knew exactly what was going on through each portion of the loan process.

New ★★★★★ 5 Star Experience.com Review by Kimberly L Click to see all 113 reviews of Michele Palme, Mortgage Consultant | NMLS # 1945824

From Bank Statement Loans to DSCR Investor Loans, we've got a mortgage solution to fit your unique needs. Whether you're self-employed, a property investor, or a foreign national, our flexible loan options are designed to help you achieve your homeownership goals.

🌟 Flex Access+ Loans:

Bank Statement Loan
Bridge Loan
Non-Warrantable Condo Loan
DSCR Investor Loan
Foreign National Loan
ITIN Loan
Asset Qualifier Loan
Cross-Collateral Loan

Discover more at Edina Realty Mortgage. Your path to homeownership just got simpler!

Not all borrowers will qualify. Terms and conditions apply.

Stay ahead with the latest insights from our mortgage experts with our Market Update blog! Discover how current trends are influencing mortgage rates and real estate markets. 📉📊

🔍 Key points:

Mortgage rates remained steady
Economic factors affecting rates
International rate cuts and their impact
Get the full update below!

Edina Realty Mortgage This Market Update is written by our Capital Market specialists each week to bring you insight into what's happening in the market and how it may affect mortgage rates and real estate trends.

🏡✨ Reminder! The Family Opportunity Mortgage by Fannie Mae is here to help your loved ones achieve homeownership! ✨🏡

Perfect for aging parents or disabled adult children, this program offers:

Financing for Primary Residences
Down payments of as little as 5%
No distance requirements like 2nd homes

Want to know more? We are ready to guide you. Comment below or DM us to start the conversation! 💬👇

5.0 star review received on Experience.com for Michele Palme by Brandon B - Michele was fantastic to work with on this. My fiancé and I ran into issues that even Michele said she never dealt with before and we were able to overcome those obstacles with Michele doing a lot of the heavy lifting. Clear and concise communication was provided and I would highly recommend to any family/friends that are looking to buy/sell.

New ★★★★★ 5 Star Experience.com Review by Brandon B Click to see all 112 reviews of Michele Palme, Mortgage Consultant | NMLS # 1945824

June is National Homeownership Month! 🏠✨ This month, our Terminology Tuesday posts will focus on the POWER of Homeownership. Join us as we explore the many benefits of owning a home, from building economic stability and fostering community engagement to achieving personal pride. You can celebrate with us too and discover how Edina Realty Mortgage can help bring your homeownership goals into focus!

📅 June is National Homeownership Month! 🏡✨ At Edina Realty Mortgage, we celebrate the joy, pride, and stability that homeownership brings. Whether you're a first-time buyer or looking to refinance, our team is here to guide you every step of the way. Let's make your homeownership dreams a reality. 🗝️💙

🌈 Celebrating Pride and Prosperity For ALL! 🌈 At Edina Realty Mortgage, we stand as an Equal Opportunity Lender, dedicated to making the dream of homeownership accessible to everyone, regardless of who you are or who you love. This Pride Month, we're proud to support the LGBTQ+ community and reaffirm our commitment to inclusivity and fairness in lending. 🏠💖

🏠 Ready to embark on your homebuying journey? Here are some unconventional but essential tips for first-time homebuyers to keep in mind! ✨

1️⃣ Test Drive Your Commute: Avoid daily traffic surprises by driving your potential new commute during peak hours.

2️⃣ Measure Your Furniture: Bring a measuring tape to ensure your furniture fits perfectly in the new space. Avoid moving day surprises and plan your layout in advance for a stress-free move.

3️⃣ Check Cell Signal Strength: Ensure strong cell signals in all rooms for a connected home life.

4️⃣ Check Out the Trash Day Scene: Visit the neighborhood on trash day to gauge the community’s cleanliness and organization.

is here to support you every step of the way! 🗝️🏡

Which tip do you find the most surprising? Let us know in the comments! 👇

Exciting news for veterans, just in time! 🏡 The VA has recently updated their policies, allowing buyers to contribute to buyer-side agent commissions, helping you remain competitive in today's housing market. With the VA Home Loan Advantage, we're honored to help those who served secure their dream home.

Is it time to tap into your home's equity? 🏡 Refinancing may improve your financial position by using your home's equity to manage existing debts more effectively. Got a great mortgage rate right now? A separate Home Equity Line of Credit (HELOC) may be a better option for you. Explore your options with us today!

Experience the Edina Difference: At Edina Realty Mortgage, we’re not just about loans; we’re about lasting partnerships. 🏡 We combine unparalleled client service with a broad range of tailored programs and the deep industry knowledge necessary to navigate any market. Connect with us and discover how our dedication to excellence makes your homebuying journey uniquely secure and satisfying.