Alexi Smalley - Mortgage Loan Originator

Realtors! VA update regarding the new changes with realtor commissions!

Highlights:
1. VA will allow a veteran-purchaser to pay buyer agent commissioned and other broker-related fees BUT not until Aug. 10th

2. VA does not treat the seller’s payment of buyer-broker charges as a seller concession.

Reminder: Ruoff does not charge a lender fee for our VA loans!

Thank you to those who fought valiantly for the pride, honor, and freedom of our country. We are forever grateful to you.

13 days from application to clear to close! This is also on a down payment assistance loan! Thankful for a great team to help get these loans to the finish line quickly for our clients.

It was wonderful working with you, Lori!

Happy 4th! Enjoy and be safe!

Did you know your 30 year mortgage doesn't necessarily mean you have to keep it for 30 years?

Don't let the current rates deter you from purchasing a home! Refinancing (replacing your current mortgage with a new one that has different terms) can help to lower your monthly payment later on! Buying now just means you can take advantage of the equity your home has earned sooner, rather than later!

Offer Accepted!!
This client got an accepted offer on an $85,000 with an FHA loan - in Indy! The realtor and I worked together to find the best fit for the client, while also sticking to her budget.

It's not only important to get pre-approved, but having a local lender and realtor on your side to fight for you is a game changer!

Did you know a huge part of my new loan process is education? I do more than just help my clients get financing to purchase or refinance their home. I teach!

I like to make sure that throughout the process, you understand what is going on from start to finish. A mortgage can seem like a daunting process, but I'm here to make sure it's as easy as possible!

There are so many different loan programs, terms, and verbiage, I pride myself in walking you through the details and knowing just what you're getting into!

Give me a call or text and we can go through your personalized financing process! 260-571-7921

Exciting Update!

USDA has now increased their income limit! This means they have opened up the possibility of being qualified for a USDA loan!

USDA loans are designed for rural areas with 0% down! Let's see if this loan is a good fit for you!

Lots of fantastic concerts this year! which ones are you going to?

Update: Starting July 1st, paid medical collections will no longer be reported to your credit report!
This means that it could positively impact your credit score when those specific lines are removed.

Do you want to know what else is impacting your credit and how? Give me a call or text at 260-571-7921!

If you don't believe me, believe the experts. Dave Ramsey talks about why now is the time to buy and sell! Less than 10 minutes to become very educated on what's going on in this market and what to expect in the next 5 years.

Why RIGHT NOW Is The Best Time To Buy A House! (Don't Wait!) Why RIGHT NOW May Be The Best Time To Buy A House!Subscribe and never miss a new highlight from The Ramsey Show: https://www.youtube.com/c/TheRamseyShow?sub_...

Thank you to all who have and do serve our country 🇺🇸

Yes, recent college graduates can buy a home! College Education counts towards your 2 year work history.

1. Start now: pay your bills on time, create a budget that works for you, and plan ahead for the future.

2. Develop good financial habits now. My biggest advice? Pay your bills on time, every time!

3. Call Alexi at 260-571-7921 to discuss a plan towards homeownership. We will discuss your income, credit history and assets.

Let's get started today!
https://blog.ruoff.com/things-college-graduates-should-do...

Not everyone is looking to purchase and refinance a home right now - and that's okay! There are always ways to help your friendly local mortgage loan officer (aka me😉). Your referrals of someone in your circle help more than you know! If you know of anyone who is thinking about purchasing or looking for a free mortgage review, I am happy to help! You can message me their contact info or send a text (with their permission of course!)

Myth: "I need 20% down to purchase a home".

This has not been the case since about the 50s and private mortgage insurance has made that possible!

Private mortgage insurance is NOT a bad thing. It is simply offsetting the lender's potential risk and allowing you to have a lower down payment! This small part of your mortgage payment can allow you the opportunity to purchase a home sooner, rather than having to wait until you have saved 20% down!

If you want to know more about your buying power and what you can do with your money, send me a message! Let's make you a homeowner!

Did you know there are down payment assistance programs for both first time and repeat home buyers? Send me a message or give me a call and we can discuss which would be the best fit for you!
260-571-7921

There’s still time to get to the finish line and be in your new home by end of May! 🏁🏅
You can start the process by going to apply.Ruoff.com/alexismalley. Let’s make you a homeowner!

Thank you!

Last week, I was again reminded of why I love my job. Not only was I able to help first time home buyers, I had the absolute wonderful privilege to help my best friends!! I feel so honored to be a part of such a big life event for Jack and Trish. Congrats to you both!!

And another awesome transaction with 🏡

A pre-approval is beneficial for many reasons! First, having this confirmation from a lender helps you know what your buying power looks like. You want to make sure that you're looking at homes that fit within that budget. You definitely don't want to spend time looking at houses that don't fit your personal financial situation!

Second, having a pre-approval allows you to be able to put in an accurate, more competitive offer. You want to make sure the seller knows you have the financial backing to be able to purchase the home!

If you have more questions about a pre-approval and what that process looks like, send me message, text or call me at 260-571-7921.

If you're considering purchasing in the next couple months, it's important to follow these commandments! And, as always, don't ask Google, ask Alexi!

An awesome way to start the week! One of the strengths in this client’s offer was being able to close in 2 weeks and we are ahead of schedule. Less than a week from submitting the application to being able to close! There are so many benefits of working with a local lender and realtor, as they can create strategies to help get your offers accepted in this competitive market.

I firmly believe this.

A question I get often - "what is equity?" We talk about it often when referring to refinance and how you can use that equity to pay off other debts, cash-out, or selling your home.

Why keep paying your landlord’s mortgage when you can build your own equity?

I truly appreciate my referral partners!

Did you know when you purchase a home, having a professional real estate agent on your side is FREE? Yes, someone who is licensed and knows the real estate laws in and out is there in your best interest and no charge to you! They will help you to navigate the best way to get an accepted offer, make sure you're purchasing the right home and have your back!