Mindy Jacoby, NMLS: 408928

You already know it’s good practice to improve your credit score before buying a home, but do you know how? It can be tricky to figure out on your own. Check out these examples to effectively start improving your credit score:

-Avoid large purchases before getting approved
-Pay off as many outstanding debts as possible
-Pay your bills on time
-Aim for 30% credit use or less every month
-Have inaccurate listings be removed from your history

Have questions about improving your credit score? Leave them in the comments!

Have you been wanting to renovate your home but just haven’t figured out how to finance it yet? A renovation loan can help you make the home repairs you’ve been planning for. Whether you want to increase your home’s value, add more space, improve features or make your home more energy efficient, a renovation loan can help you make those changes now, without having to tap into your savings or run up your credit cards.

Contact me today to get the details.

Believe it or not, you don’t HAVE to save up to make a 20% down payment. There are plenty of mortgage options (like FHA, USDA and VA loans) that could help you afford to buy a home with little to no money down. How much you need to save for a down payment depends on the type of mortgage you want. Contact me today to talk about your specific needs.

Mortgage rates fell this week, as the Fed continued to hold rates where they were at but gave a head nod they may be ready to start cutting soon (think September).

No matter the market, you can count on me to answer any mortgage-related questions.

Rates as of 08/02/2024 and are always subject to change.

Ready to buy your first home but aren’t sure where to start? I’ve rounded up 6 tips to help you begin your journey to homeownership.

Financial prep: Know your budget, boost your credit score, save for a down payment and get approved for a mortgage!
Market research: Study the housing market, focus on location, and choose the right type of home for your needs.
The buying process: Find a real estate agent, get a home inspection and budget for closing costs.
Know the options: Learn about your mortgage options and shop for homeowners insurance.
Think long term: Consider the resale value, prepare for maintenance and choose a community that fits your lifestyle.
Stay patient and flexible: The journey can be stressful, so stay patient and be ready to compromise on some aspects.

With these tips, you'll be on your way to finding your dream home!

Absolutely! There's still time to find your dream home before the summer wraps up. At PrimeLending, we're here to make your home buying journey is easy-breezy. Our online application makes it easy to get approved so you can move in before the season ends. Whether you’re a first-time buyer or looking to upgrade, let me help you make the most of these sunny days!

Ready to jump into buying a home but concern over mortgage payments have you treading water? PrimeLending’s Summer Splash Buydown program lowers your mortgage payments for the first year. That makes buying a home more affordable. This 1-0 temporary buydown* uses funds we deposit in an escrow account to effectively reduce your interest rate for the first year of your FHA, VA or USDA mortgage. Lower payments in the first year of homeownership can help you manage your budget and prepare for when your payments return to a standard fixed rate after the first year. Plus, with PrimeLending, you’ll pay No Lender Fees** on VA loans! I’m available to talk you through all the details.

Contact me today and mention promo code SUMMER SPLASH to get started.

*BuyDown 1-0 Option will be paid by PrimeLending. Rate discount applies only to first year. Must apply for and lock loan through PrimeLending by 8/31/24 and loan must close by 12/31/24. Savings will reflect on the Closing Disclosure. Offer only available for FHA, VA, and USDA purchase loans. Excludes bond, broker, conventional products, high balance, jumbo products, portfolio products, construction loans, and refinances. Offer can be paired with PrimeLending VA No Lender Fees promotion, all other promotions are excluded. Certain loan programs do not allow buydowns. Additional restrictions may apply, contact a PrimeLending loan officer for details. **All lender closing costs such as origination, processing, underwriting, and closing will be waived, borrower is still responsible for third party fees such as VA funding fee, title, and appraisal etc. Down payment waiver is based on VA eligibility. This offer is valid until 12/31/2024. Savings only applies to direct originations made by PrimeLending for first mortgage purchase or refinance transactions, and is not available on loans obtained through mortgage brokers. Only one offer per loan transaction is available, and savings cannot be combined with any other offer or bond program other than the Summer Splash Buydown Promotion listed on this flyer. Savings will reflect on Closing Disclosure at closing.

https://lo.primelending.com/mindy.jacoby/

If you are looking at a home and it would be perfect IF... then a renovation loan is for you! ​​​​​​​​​There are countless ways you can use a renovation loan but here are four fun ideas👇​​​​​​​​​
🔨Increased comfort: A renovation can help make a home more comfortable by improving insulation, upgrading HVAC systems, and adding features like smart thermostats, energy-efficient windows, or heated floors.

🔨Improved functionality: Create a more functional space that better meets your needs like adding a new room, reconfiguring your layout, or installing storage solutions to maximize your space.

🔨Fresh makeover: Give your home a fresh, modern look that fits your personal style.

🔨Possible increased home value: You may be able to give your home value a bump with a renovation. Upgrades like adding a new bathroom, updating the kitchen, or adding a deck or patio can all potentially help to increase your home's value.

What renovations would you do to make the house you are looking at your new home?

PrimeLending offers 15 renovation loans, that gives options to find the right renovation loan to purchase and finance the cost of needed repairs, cosmetic customizations, or a complete overhaul!​​​​​​​​​Any home can be your dream home with the right renovation loan. 🔨🏡💙

Lower payments mean more affordability, more money in your pocket and more time to adjust to a new budget. ​​​​​​​​​​​​​​​​​​For a limited time, with PrimeLending’s 1-0 temporary buydown you can effectively lower the interest rate on the first year of your FHA, VA or USDA loan! BEST PART, Buydown 1-0 Option will be paid by PrimeLending!

How is that possible? Funds for a 1-0 buydown are placed into an escrow account that will be used to subsidize your mortgage payments for the first year of the loan, making the first year of homeownership more affordable. When the first year is up, your payments will return to the standard fixed rate.

Must apply for and lock loan through PrimeLending by 8/31/24 and loan must close by 12/31/24.

Offer only available for FHA, VA, and USDA purchase loans. Excludes bond, broker, conventional products, high balance, jumbo products, portfolio products, construction loans, and refinances. Offer can be paired with PrimeLending VA No Lender Fees promotion, all other promotions are excluded. Certain loan programs do not allow buydowns. Additional restrictions may apply, contact a PrimeLending loan officer for details.

What is your word? 👇

For a limited time, dive into homeownership with lower payments thanks to Summer Splash Buydown program, PrimeLending’s 1-0 temporary buydown!* By effectively lowering the interest rate on the first year of your FHA, VA or USDA loan, your journey to becoming a homeowner could be smooth sailing. How is that possible? Funds for a 1-0 buydown are placed into an escrow account that will be used to subsidize your mortgage payments for the first year of the loan, making the first year of homeownership more affordable. When the first year is up, your payments will return to the standard fixed rate. Contact me today and mention promo code SUMMER SPLASH to get all the details.

Lower payments mean more affordability, more money in your pocket and more time to adjust to a new budget. That’s more reasons to jump into homeownership this summer! Contact me today and mention promo code SUMMER to get all the details.

*Buydown 1-0 Option will be paid by PrimeLending. Rate discount applies only to first year. Must apply for and lock loan through PrimeLending by 8/31/24 and loan must close by 12/31/24. Savings will reflect on the Closing Disclosure. Offer only available for FHA, VA, and USDA purchase loans. Excludes bond, broker, conventional products, high balance, jumbo products, portfolio products, construction loans, and refinances. Offer can be paired with PrimeLending VA No Lender Fees promotion, all other promotions are excluded. Certain loan programs do not allow buydowns. Additional restrictions may apply, contact a PrimeLending loan officer for details.

https://lo.primelending.com/mindy.jacoby/

📢 Attention Veterans! The VA is authorizing a temporary local variance effective 8/10/24, allowing you to pay reasonable and customary amounts (up to 3%) for any buyer-broker charges, including commissions and other broker-related fees.* This change is designed to offer you greater flexibility and support in your home-buying process. 🏡✨
*Restrictions apply. Contact your PrimeLending loan officer for more details.

On a trail is one of my favorite places to enjoy a Sunday. I hope you can do something you love today!

✨Happy Best Friends Day✨​​​​​​​​​​​​​​​​​​To the ones who make life brighter with endless laughter, late-night talks, or simply being there through thick and thin, Happy Best Friends Day!

Cancun vacation 🌊☀️🏖️

You can buy a home for a family member with 5% down. ​​​​​​​​​​​​​​​​​​The Fannie Mae Family Opportunity Mortgage allows a borrower to purchase a home with all the advantages of an owner-occupied loan, even when they do not plan to live in the house.

Thank you for the kind words! I always tell my buyers that I make sure that I am available when they need me.