Melanie Jannuzzi at Prosperity Home Mortgage

Open houses on your schedule?
Here’s another pro tip: Have your pre-approval in hand! 📝 This way, you’re ready to make an offer if you meet your dream home at an open house.

For more open house etiquette, swipe through our carousel!

🔍We're back with another Terminology Tuesday! Our goal is to simplify the mortgage process with clear, understandable terms. This week, we're diving into Underwriting – one of the most fundamental steps in originating a mortgage! 🏡

Fire up your grill and get ready to enjoy our Signature PHM Burger! 🍔✨ Perfect for your next cookout, this burger is packed with flavors we think you'll enjoy. Whether you're a client, a real estate partner, or part of our PHM family, we want to see your burger creations too! Tag and use to share. Wishing you a delicious and fun-filled weekend!

🏡 May 2024 REALTOR® Confidence Index Highlights! 🏡

Median existing-home price: $419,300
All-cash sales: 28% of transactions
First-time buyers: 31% of sales
Average time on market: 24 days
Empower your clients with the latest market insights! Partner with Prosperity Home Mortgage to stay ahead in this dynamic market.

📈 Let's work together to make homeownership dreams come true!

Source: NAR Research and nar.realtor

🏡💭 Should You Buy a Home Now or Wait? 🤔✨ Navigating the housing market can be challenging, but we're here to help! Let's weigh the pros and cons together and consider your unique situation.

Whether you're ready to take the plunge or prefer to wait, we’ll provide the insights and guidance you need to make the best decision.

Focus on Time in the Market, Not Timing the Market Should you buy a home now or should you wait?

A home is so much more than just a roof over your head. It's an asset that grows in value over time, boosting your net worth.

"Homeownership has long been tied to building wealth - and for good reason. Instead of throwing rent money out the window each month, owning a home allows you to build home equity. Over time, equity can turn your mortgage debt into a sizeable asset." - Realtor.com

For the 12th year in a row, real estate has been voted the best long-term investment. 📈✨

Understanding homebuying grant programs can be overwhelming, but you're not alone. With over 2,000 down payment assistance programs available across the country, Prosperity Home Mortgage is here to guide you every step of the way. Discover how we can help you navigate these options and secure the support you need for your dream home.

5.0 star review received on Experience.com for Melanie Jannuzzi by Joseph S - Melanie was so helpful and took great care of us during an unusual set of circumstances!

New ★★★★★ 5 Star Experience.com Review by Joseph S Click to see all 71 reviews of Melanie Jannuzzi at Prosperity Home Mortgage - Red Bank, Regional Mortgage Manager | NMLS # 198534

🏠✨ Maintaining your home is easier than you think! Discover practical tips to streamline upkeep and ensure your home stays comfortable and ready for summer fun. From simple maintenance tasks to efficient upkeep strategies, we've got you covered. Swipe through for some summer-savvy homeowner tips! 🌞💡

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!

5.0 star review received on Experience.com for Melanie Jannuzzi by Charles P - It's a pleasure recommending Melanie because of her vast knowledge and her prompt professional attention to the client. My clients are always very satisfied!!

New ★★★★★ 5 Star Experience.com Review by Charles P Click to see all 70 reviews of Melanie Jannuzzi at Prosperity Home Mortgage - Red Bank, Regional Mortgage Manager | NMLS # 198534

5.0 star review received on Experience.com for Melanie Jannuzzi by Ruth S - Communication was amazing

New ★★★★★ 5 Star Experience.com Review by Ruth S Click to see all 69 reviews of Melanie Jannuzzi at Prosperity Home Mortgage - Red Bank, Regional Mortgage Manager | NMLS # 198534

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!

5.0 star review received on Experience.com for Melanie Jannuzzi by Victoria S - Melanie and Fallon were so awesome at accommodating me and my work schedule. I truth my appreciate them and all they did to help and teach me

New ★★★★★ 5 Star Experience.com Review by Victoria S Click to see all 68 reviews of Melanie Jannuzzi at Prosperity Home Mortgage - Red Bank, Regional Mortgage Manager | NMLS # 198534

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 Prosperity Home 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! ⬇️

5.0 star review received on Experience.com for Melanie Jannuzzi by Bradly T - Thank you. Great and reliable service. Much appreciated!

New ★★★★★ 5 Star Experience.com Review by Bradly T Click to see all 67 reviews of Melanie Jannuzzi at Prosperity Home Mortgage - Red Bank, Regional Mortgage Manager | NMLS # 198534

💎 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! ✨🏡

🌟 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! 💪

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 Prosperity Home 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!

Market Update - June 7, 2024 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! 💬👇