Cailey Murschel NMLS #1593464

Financing large purchases causes your debt-to-income (DTI) ratio to increase. Lenders set DTI limits so their borrowers are able to comfortably afford their mortgages now and in the future. If your purchases cause your DTI ratio to reach or exceed the lender’s limits, it can result in an increase in your rate, or worse, a loan denial. Proceed with caution. If you still plan to do so, consult your loan officer to ensure your loan status is not jeopardized. #premiermortgageresources #homeloans #mortgagetips

FHA is hoping to help struggling homeowners stay in their homes during the pandemic by extending the deadline to submit an initial forbearance request for FHA-insured mortgages to February 28, 2021. If you want to explore other options before pursuing a forbearance, please reach out to me. I’d be happy to discuss. #premiermortgageresources #homeloans #homeownership

Ready to start your journey to homeownership? I’m here to help! #premiermortgageresources #homeloans #homeownership

Great news! The Federal Housing Finance Agency announced $548,250 is its new 2021 baseline conforming loan limit for Fannie Mae and Freddie Mac. If you had been set back by the loan limits in 2020, reach out to me to see if these new loan limits can make homeownership possible for you in the new year! #premiermortgageresources #homeloans #homeownership

A good credit score not only improves your chances of getting approved for a mortgage, it can also allow you to borrow at a lower rate. Can your credit score use some improvement? Here are some tips that can help. #premiermortgageresources #homeloans #financialhealth

I would love to help you on your home-buying journey. Let’s talk today. #premiermortgageresources #homeloans #homesweethome

I hope you and yours have a healthy and merry Christmas!

Joy comes in many forms, including a home improvement project! For more significant renovations, talk to me about a cash-out refinance so you can turn your home into your dream home. #premiermortgageresources #homeloans #refinance

I get it. One of the most enjoyable steps of buying a home is shopping and touring different homes that fit your tastes. But going into it not knowing your financial specifics can end up being a time waster. In this competitive market, time is of the essence. By taking the initial step of getting preapproved for a home loan, not only will your home search be more productive and effective, you’ll appear to be a more desirable buyer showing the seller that you’re prepared and able to make an immediate offer. #premiermortgageresources #homeloans #homebuyingtips

You’ll be so happy opening the front door the entire night! #premiermortgageresources #homeloans #homesweethome

Home is the best place. #premiermortgageresources #homeloans #homesweethome

Your payment history is a major factor in determining your credit score, so paying your bills on time is vitally important. But what happens to your credit if you are late in making a payment? Credit.com Credit Experts explain its negative impact and ways to mitigate it. #premiermortgageresources #homeloans #financialhealth

The pride of homeownership will warm your heart! #premiermortgageresources #homeloans #homesweethome

Paying student debt should not prohibit you from becoming a homeowner. Student debt, however, may be one of the reasons why so many millennials have been left behind when it comes to homeownership. For some, it’s enough to hold them back from entering the real estate market as they face higher debt-to-income ratios and less flexibility to save for a down payment. These two major roadblocks to getting approved for a loan can be overcome, however, and here is how: https://pmrro...sevilleelite.com//how-to-purchase-a-home-wit/. #premiermortgageresources #homeloans #ontheblog

Refrain from cosigning on a loan for someone else, even if you’re not responsible for the monthly payments. When you are a cosigner, lenders see it as your debt-to-income ratio increasing and will hold you liable if the primary borrower defaults on the loan. Your credit score can also be negatively impacted, resulting in loan denial or a higher interest rate charged on your home loan. #premiermortgageresources #homeloans #homebuyingtips

Get the competitive edge in today’s market! When you work with me and Premier Mortgage Resources, your loan information is verified and approved by a local underwriter, helping to make your offer stand out amongst your competition! Ready to set yourself apart from other home buyers? Let’s talk today! #premiermortgageresources #homeloans #homeownership

Take the first step to becoming a homeowner by giving me a call today. #premiermortgageresources #homeloans #homeownership

Is your home ready for the spookiest time of the year? Martha Stewart offers some unique decorative ideas to give your home goosebumps this Halloween. #premiermortgageresources #homeloans #homedecor

The possibilities are now endless! #premiermortgageresources #homeloans #homesweethome

Wondering if it’s time to upgrade from a starter home into one that you and your family can grow into? The following three reasons may get your wheels turning about the possibility of upgrading into the home of your dreams: https://pmrrosevilleelite.com//3-reasons-why-you-may-be-a/. #premiermortgageresources #homeloans #ontheblog