Team Sprint Home Loans

As Black History Month 2023 draws to a close, we at Team Sprint Home Loans once again note the importance of Black History to the future of the Black Community. We honor all who have given so much.

HMAC Team Sprint Home Loans will be closed Monday, February 20th, in observance of the Presidents' Day holiday.
We will resume regular business hours on Tuesday, February 21st.

“The book is called Opportunity, and its first chapter is New Year’s Day.” - Edith Lovejoy Pierce, poet

Happy New Year from all of us at HMAC Team Sprint Home Loans.

Please note that we will be closed on Monday, January 2, 2023, and will resume regular business hours on Wednesday, January 3.

Happy Holidays!

In observance of the Christmas Holiday, HMAC Team Sprint Home Loans will be closed Dec. 26th and Jan. 2nd for the New Year Holiday.

𝗠𝗕𝗔 𝗧𝗼 𝗙𝗛𝗙𝗔: 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗔𝗠𝗜 𝗟𝗶𝗺𝗶𝘁𝘀 𝗙𝗼𝗿 𝗗𝗼𝘄𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝘀

Allowing borrowers with up to 100% of AMI to be eligible for these programs.

KEY TAKEAWAYS
☑️MBA wants borrowers with up to 100% of AMI to be eligible for these programs, and to eliminate the income limit for properties located in low-income census tracts.
☑️An increase in the AMI threshold could better serve minority borrowers who have the means to meet their monthly mortgage obligations.
☑️In cities with a significant Black population, the income needed to afford a home is at least 100% of AMI.
☑️Homes priced $350,000 or less, raising the AMI to 100% makes about 40% more of that builders’ communities available to these borrowers.

Read full story at https://snip.ly/nv2i9o.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗙𝗛𝗙𝗔 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝟮𝟬𝟮𝟯 𝗖𝗼𝗻𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗟𝗼𝗮𝗻 𝗟𝗶𝗺𝗶𝘁𝘀

The Federal Housing Finance Agency (FHFA) recently announced the conforming loan limits for residential mortgage loans acquired by Fannie Mae and Freddie Mac in 2023. Fannie Mae addresses the limits in Lender Letter 2022-06.

Read more: https://snip.ly/jiy5y3

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

📢 HMAC Team Sprint Home Loans will be closed this Thursday and Friday, November 24 and 25th, for the Thanksgiving holiday.

We will resume regular business hours on Monday, November 28th.

To all who served,

WE ARE THANKFUL FOR YOUR SERVICE.

Happy Veterans Day
11/11/2022

𝗠𝗮𝗻𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗲𝘀𝘁 𝗖𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗮 𝗙𝗮𝗺𝗶𝗹𝘆 𝗔𝗿𝗲 𝗦𝘂𝗿𝗽𝗿𝗶𝘀𝗶𝗻𝗴𝗹𝘆 𝗦𝘁𝗶𝗹𝗹 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲

Those looking for a good place to raise a family might want to head South.

Learn more at https://snip.ly/801z0y.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗛𝗼𝘄 𝗖𝗮𝗻 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗵𝗮𝗻𝗴𝗲 𝗥𝗶𝘀𝗸𝘀 𝗔𝗳𝗳𝗲𝗰𝘁 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲

Learn more at https://snip.ly/eyxhip.

For your mortgage needs, contact us.
🌐https://lnkd.in/gW28fzCj
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝟲 𝗪𝗮𝘆𝘀 𝗧𝗼 𝗖𝗮𝘁𝗰𝗵 𝗨𝗽 𝗢𝗻 𝗬𝗼𝘂𝗿 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀

Taking constructive action is important to avoid foreclosure. Here are six ways you can catch up when you’re behind on your mortgage.

🔗https://snip.ly/gqms26.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Student Loan Relief Could Increase Homeownership
🔗https://nationalmortgageprofessional.com/news/student-loan-relief-could-increase-homeownership

📌A significant reduction or elimination of monthly student loan expenses could move households on the margins of homeownership readiness.
📌The additional saving could help more borrowers for a down payment and buy higher-priced homes.
📌Borrowers of color would see the greatest benefits from this credit score boost, as they are more likely to default on their student loans than white borrowers.
📌Biden’s proposal would allocate an extra $10,000 in student loan forgiveness for Pell grant recipients — 88% of Black student borrowers received a Pell grant.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Student Loan Relief Could Increase Homeownership Student loan debt is a hindrance to homeownership for many millennials and first-time homebuyers, according to a study by the Urban Institute.

Your mortgage is probably your biggest expense every month. So how can you make it smaller and free up funds in your spending plan to meet other financial goals?

Visit this link and discover ways to LOWER YOUR MORTGAGE PAYMENTS.

🔗https://snip.ly/z6bvtj

Need a mortgage? Contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

In observance of Labor Day, our offices are closed on Monday, September 5, 2022.

We will re-open on Tuesday, September 6, 2022, with normal business hours

Have a safe and enjoyable holiday!

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Need a mortgage? Contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝟮𝟬𝟮𝟮 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗿𝗮𝘁𝗲𝘀 𝗮𝗿𝗲 𝗵𝗶𝗴𝗵 𝗮𝗻𝗱 𝗵𝗼𝗺𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝗮𝗿𝗲 𝗵𝗶𝗴𝗵, 𝗯𝘂𝘁 𝘁𝗵𝗲𝗿𝗲’𝘀 𝗮𝗻 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆

At Originator Connect in Las Vegas brokers and LOs were focused on figuring out new ways to market themselves and close loans at a time of uncertainty.

To listen to the podcast, visit https://snip.ly/rfo6fx.

For your mortgage needs, contact us.
🌐https://lnkd.in/d7ZGJmBG
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 '𝗙𝗶𝘃𝗲 𝗢𝗮𝘀𝗶𝘀 𝗼𝗳 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆'

Find out at https://snip.ly/pa2pr1.

For your mortgage needs, contact us.
🌐https://lnkd.in/d7ZGJmBG
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗖𝗼𝗻𝗴𝗿𝗲𝘀𝘀 𝗶𝘀 𝗱𝗲𝗯𝗮𝘁𝗶𝗻𝗴 𝗮 𝘁𝗮𝘅-𝗯𝗿𝗲𝗮𝗸 𝗿𝗲𝗻𝗲𝘄𝗮𝗹 𝘁𝗵𝗮𝘁’𝘀 𝗽𝗿𝗼𝘃𝗲𝗻 𝗽𝗶𝘃𝗼𝘁𝗮𝗹 𝗳𝗼𝗿 𝗺𝗮𝗻𝘆 𝗵𝗼𝗺𝗲𝗯𝘂𝘆𝗲𝗿𝘀

Learn more at https://snip.ly/7lj5tu.

Need a mortgage? Contact us.
🌐https://lnkd.in/d7ZGJmBG
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝐅𝐇𝐀 𝐞𝐱𝐩𝐚𝐧𝐝𝐬 𝐞𝐥𝐢𝐠𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐟𝐨𝐫 𝐭𝐡𝐨𝐬𝐞 𝐰𝐢𝐭𝐡 𝐩𝐚𝐧𝐝𝐞𝐦𝐢𝐜 𝐢𝐧𝐜𝐨𝐦𝐞 𝐠𝐚𝐩𝐬

The Federal Housing Administration opened up underwriting guidelines for loans it insures in order to make it easier for people who have recovered from income lapses to qualify.

Those who have had temporary employment losses, or reductions in income or hours during the presidentially declared COVID-19 National Emergency are targeted by the new effort from the Department of Housing and Urban Development. (At the time of this writing, the public health emergency that began on March 13, 2020 was still in effect.)

Learn more at https://snip.ly/kvmtx7.

Need a mortgage? Contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗦𝘂𝗯𝘂𝗿𝗯𝘀 𝗥𝗲𝗺𝗮𝗶𝗻 𝗣𝗼𝗽𝘂𝗹𝗮𝗿 𝗙𝗼𝗿 𝗛𝗼𝗺𝗲𝗯𝘂𝘆𝗲𝗿𝘀

“Remote work is a driving force behind this shift, prompting homebuyers to prioritize affordability and space over a short commute,” Zillow said.

Learn more at https://snip.ly/b7eqss.

Need a mortgage? Contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

As we remember the start of our nation’s independence, let’s renew our pledge to uphold our national unity and strive to live together in peace and harmony. Happy Independence Day!

We will be closed on Monday, July 4th, in observance of Independence Day. We will resume normal business hours on Tuesday, July 5th, 2022, at 9 AM.

For your mortgage needs, contact us.
🌐homemac.com/teamsprinthomeloans/
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

We are proud this month to acknowledge the celebration of all the LGBTQIA+ community has achieved over the years.

May their many contributions to our community continue each and every day.

Need a mortgage? Contact us.
🌐homemac.com/teamsprinthomeloans
📞714-417-9871
✉[email protected]

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Honoring This Important Day In The Growth Of Our Nation.

Want to get a mortgage? Contact us.
📞714-417-9871
✉[email protected]
🌐https://lnkd.in/gW28fzCj

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Realtor.com's updated 2022 forecast predicts inventory will grow double-digits over 2021, offering buyers an increased chance to find a home. Home sales will hit the second-highest level in 15 years.

Learn more at https://snip.ly/p70dgm.

Want to get a mortgage? Contact us.

📞714-417-9871
✉[email protected]
🌐homemac.com/teamsprinthomeloans

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Mortgage rates continued to decline this week according to the latest weekly survey released today by Freddie Mac.

Want to get a mortgage? Contact us.

📞714-417-9871
✉[email protected]
🌐homemac.com/teamsprinthomeloans

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Reference: https://nationalmortgageprofessional.com/news/freddie-mac-mortgage-rates-inch-downward-again

ARM loans have been rising in popularity, according to Redfin, as mortgage rates surge at their fastest pace in decades.

Learn more at https://nationalmortgageprofessional.com/news/mortgage-industry-will-soon-be-armed-teeth.

Contact us today!
📞714-417-9871
✉[email protected]
🌐homemac.com/teamsprinthomeloans

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

HMAC Team Sprint Home Loans joins the whole nation in celebrating Memorial Day this Monday - May 30, 2022.

Contact us today!
📞714-417-9871
✉[email protected]
🌐https://lnkd.in/gW28fzCj

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

𝗕𝗶𝗱𝗲𝗻 𝗔𝗱𝗺𝗶𝗻𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗨𝗻𝘃𝗲𝗶𝗹𝘀 𝗣𝗹𝗮𝗻 𝘁𝗼 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲-𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝘆

Noting that home prices are a major upward pressure on inflation, a statement from the White House introduced the executive branch’s Housing Supply Action Plan, which includes legislative and administrative steps aimed at addressing the country’s inventory shortfall in five years. The first step will be the “creation and preservation of hundreds of thousands of affordable-housing units in the next three years," the release stated.

Learn more at https://snip.ly/f98pd9.

Contact us today!
📞714-417-9871
✉[email protected]
🌐homemac.com/teamsprinthomeloans

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

Pricey homes are holding back potential homebuyers of all races, but a new NAR report shows that obstacles to homeownership varied by race and ethnicity.

Learn more at https://snip.ly/yku0zv.

Contact us today!
📞714-417-9871
✉[email protected]
🌐homemac.com/teamsprinthomeloans

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org

April is Financial Literacy Month. Homeowners need to know how to protect themselves and their homes when unexpected expenses inevitably come up.

Learn more at https://snip.ly/eg61xs.

Contact us today!
📞714-417-9871
✉[email protected]
🌐www.sprinthomeloan.com

Corporate NMLS # 1165808
www.nmlsconsumeraccess.org