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NEWS

3 Tips for Buying a Vacation or Rental Property

Posted by Scott McElmurry on Apr 18, 2016 2:00:00 PM

With today’s lower home prices, a steady inventory of homes to purchase and moderate interest rates, it may be a great time to look into buying a rental property to have sustainable equity and income in the future.

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Topics: mortgage Investment Property Second Homes

Cindy Winston promoted to Branch Manager - Hot Springs

Posted by Donna Hall on Mar 2, 2016 2:00:00 PM

Hot Springs, Ark. — February 8, 2016 — Bank of Little Rock Mortgage (BLRM) added Cindy Winston as its new branch manager at its Hot Springs, Arkansas location.

“I’m very excited to be the manager of BLRM Hot Springs,” said Winston. “The purchase of a new home should be a smooth experience for home buyers. I strive to pay close attention to detail and find it rewarding to have guided so many customers through that process.”

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Topics: Mortgages Hot Springs

ON KTHV: Staying Financially Healthy

Posted by Scott McElmurry on Feb 22, 2016 4:00:00 PM

We all think to check on our physical health, but have you checked on your fiscal health?

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Topics: credit score mortgage home ownership

Thinking of Purchasing a Condominium?  Here are Some Things You Need to Know.

Posted by Scott McElmurry on Feb 15, 2016 3:00:00 PM

Condominiums are a great option for people who want to own their home, but don’t want the hassle of maintenance. Condos are also often purchased as a second home, perhaps in a growing downtown area or in a city that one travels to frequently.

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Topics: mortgage condominium

On KTHV: Federal Reserve Interest Rates Increase

Posted by Scott McElmurry on Dec 11, 2015 12:43:00 PM

Learn about the increases in the Federal Reserve interest rates and what you need to know as a homebuyer.

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Topics: mortgage rates

Retirement Planning & Home Buying: Advice For Boomers Re-Entering the Housing Market

Posted by Scott McElmurry on Nov 20, 2015 3:00:00 PM

As we age and our lives change, our house may feel too large, it may be too far from loved ones or we may simply want a change of scenery in our retirement years. Those are some of the main reasons seasoned homeowners are ready to re-enter the housing market.

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Topics: mortgage retirement income

5 Steps Every First-Time Homebuyer Needs To Know

Posted by Scott McElmurry on Nov 8, 2015 9:30:00 AM

 

If you’re thinking about buying a home and getting your first home mortgage, these five steps can help ensure you get the right house for your situation and the affordable financing that helps make homeownership a long-term success:                                                                                       

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Topics: first-time home buying

Can You Afford A Mortgage? The Rent Vs. Buy Agrument

Posted by Scott McElmurry on Oct 30, 2015 3:00:00 PM

Many prospective home buyers have watched mortgage interest rates plummet over the last few years but have been hesitant to take action. Common questions include:

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Topics: mortgage Rent vs. Buy

ON KTHV: SHOULD YOU PAY YOUR MORTGAGE OFF EARLY?

Posted by Scott McElmurry on Oct 13, 2015 1:30:00 PM

Are you currently in the middle of a mortgage payment? Looking at paying it off early? Check out these pros and cons on paying off your mortgage loan early.

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Topics: Mortgage payment

Tips To Prequalify For Your Home Loan

Posted by Scott McElmurry on Oct 1, 2015 10:30:00 AM

 

A key step in getting a mortgage is prequalifying. Mortgage prequalifying is like having a guide when you climb a mountain – the mortgage lender will help you go through the mortgage application process. This necessary and helpful step gives you and your mortgage lender a clear picture of your financial standing and credit worthiness. It also reveals any items you need to shore up to get the loan. 

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Topics: prequalification