Bringing homeownership to you in the State of Tennessee, QHL makes it simple by providing more ways to say yes! Learn more about Tennessee’s housing market and how QHL can help you become a homeowner today. Tennessee has seen many new residents migrating from other states around the US and is one of the fastest-growing …
The Great Recession and resulting housing crash of 2008 completely restructured the residential lending environment. Prior to that, most loans were not homogenized into either Fannie Mae, Freddie Mac, FHA, or VA. We had a robust and competitive secondary mortgage market (some could argue too much so) allowing private institutions to offer attractive loans to …
Program Benefits Rate is fixed for the first 10 years Loan amounts up to $2.0M Get cash out with a low rate Available for second homes and investment properties Requires full doc income verification (pay stubs, or tax returns) Sample Scenarios* (The following scenarios assume 780+ FICO, Full Doc, 6-12 months reserve funds. Rates are …
The 2021 housing market was a bit tough for some home shoppers. Low rates and increased flexibility from working remotely put many first-time homebuyers on the map. But limited inventory, skyrocketing prices, and bidding wars made housing harder to come by. While home values aren’t likely to stop rising or start falling any time soon, …
Something we often hear from clients is that they waited longer to get pre-approved than they needed to when starting to shop for their first home. Common misconceptions about the pre-approval process are that it costs money, hurts your credit, and/or commits you in some way to actually getting a loan with that lender. In …