Scott Affre

The NAF series with Freddie Mac continues! Join us for this panel of powerhouse women, discussing Dispelling the Myths of Black Homeownership on Tuesday, April 22nd. Be sure to register below! https://bit.ly/3w5kaNt #NewAmericanDream #NewAmericanFunding @newamericanfunding

Loan Limits can change each year, so it's good to stay informed. 2021 VA Loan Limits: LOW-COST AREA: $356,362 HIGH-COST AREA: $822,375... *Single Family If you’re a #veteran, active-duty service member, National Guard member or reservist or the spouse of a military member who died while on active duty or due to a service-connected disability, you may be eligible for a VA loan. VA LOANS OFFER: 100% financing available No mortgage insurance required Competitive interest rates Relaxed credit requirements (with reasonable explanation)

Today it might be best to ignore all phone calls, unless it's from me! Happy #AprilFoolsDay!

For many years, the common refrain among housing observers was, when are Millennials going to start buying homes? As it turns out, they’ve been buying homes for quite a while now. More homes than any other age group, in fact. Here are a few stats to support this claim: For the seventh year in a row, Millennials dominated the housing market, outpacing all other generations. According to new data from the National Association of Realtors, Millennials accounted for 37% of... all home purchases in between June 2019 and June 2020 (the period covered by NAR’s report). Millennials have led the way in home buying in every year since 2014, according to NAR. According to NAR, home buyers 31 to 40 years old (Older Millennials) bought 23% of all homes, while home buyers aged 22 to 30 years (Younger Millennials) bought 14% of all homes. With Millennials being a digital generation, reaching them on the internet is key. Are you looking to engage more with this generation? My marketing teams is comprised of 5 millennials who can speak this language. Contact me today to learn more about how we can help you promote yourself to this ever-important group of consumers.

Mortgage Interest Rates have been Historically Low for close to a year now. If you haven't #refinanced and taken advantage of these incredible rates, now is a good time to have that conversation with your loan officer. Locking in a low, fixed rate gives provides protection from sudden interest rate spikes and ultimately gives you predictable monthly payments for the life of the loan.

Work out the right type of mortgage for you. Fixed or variable? Principle and interest or interest only? When you are choosing a home loan it's important to work out the features you need from your loan and what that will cost you in fees. For example: ... 30-year fixed-rate mortgage 15-year fixed-rate mortgage Adjustable-rate mortgage FHA mortgage VA mortgage USDA mortgage Jumbo mortgage Interest-only mortgage See more

Are you dreaming of a home makeover? These 8 major home design trends will be big in 2021! How will you add value to your home? Designer kitchens fit for a chef Stylish kitchens with contrast Bonus spaces that can double as a home office... Earthy textures with luxury elements Quartz countertops Outdoor dining rooms for year-round entertaining Embracing grandmillennial style Floor-to-ceiling windows *Info from Redfin #homerenovation #remodel #houseflip

Know your personal finances. Understanding your numbers before house hunting could save you from becoming "house poor." Not paying your monthly credit card payment just to live lavishly isn’t a responsible buyer’s move. How much liquidity you have, how much debt you owe, your monthly income, and your credit score are important when determining how much you can borrow and at what interest rate.

How much of a down payment do you have? The mortgage industry standard is a 20% down payment. However, you may be able to get a conventional mortgage with significantly less money up front -- as low as 3% of the purchase price in many cases. A higher down payment will lower your monthly housing costs. However, you can buy a home with a small down payment if necessary.

Refinance to a Shorter-Term Mortgage Another way to change your mortgage is to refinance to a shorter-term loan. Most homeowners have a 30-year mortgage, but you can significantly reduce your interest rate and pay off your loan faster by refinancing to a 15-year mortgage. While you will incur closing costs for the refinancing process and have a higher monthly payment, a 15-year term will help you finish paying your mortgage sooner.

Do you want to help the victims of the Texas winter storm but don't know where to start? There are a wide variety of organizations ready to help! For a complete list overview, please visit the link below. https://cnn.it/3shr9Qr

Time for a hard reset! Hit that button and wait for your greatness to load. How can I help you achieve your dreams this year? #newyear #goaldigger #dreambig

New American Funding has figured out a way for you to take advantage of payment rate savings in the first two years of owning your home with the 2-1 Seller Paid Buydown.This program provides you with the opportunity to grow into your mortgage payment as your income steadily increases. This temporary buydown is ideal for buyers whose income is anticipated to rise over the next few years. PROGRAM ELIGIBILITY: Available on Conforming and FHA loans 30 Year Fixed Loans Only... Available on High Balance Loans HOW IT WORKS: Our 2-1 Buydown reduces your mortgage payment rate by 2% below the note rate for the first year of your loan and by 1% below note rate the second year. Your required monthly mortgage payment would be calculated using a rate that is 2% below the note rate for the first 12 months and 1% below the note rate for the subsequent 12 months. . . . . . Subject to borrower and property qualifications. Not all applicants will qualify. Terms and conditions are subject to change without notice. NMLS ID #6606.

New year means new resolutions! With 2020 behind us (finally), how do you plan on making 2021 the best year possible?

Did you know that mortgage rates fell to RECORD LOWS 16 times in 2020? Don't miss your opportunity to buy or refinance before rates begin to climb! Let's start the conversation-- message me now. #mortgagerates #homeloans #homelendiing #recordlows

May the New Year start with fresh joys and a life filled with peace. May you experience warmth and togetherness and prosperity too. Happy New Year!

The new year will be here in a Prosecco. Happy New Year!!

Does this time of year have anyone else dreaming of a home in the snow?

Loan to Value is a term used by lenders to express the ratio of a loan to the value of an asset purchased. Are you ready to talk about starting your journey to homeownership? Give me a call today! #LTV #LoanLingo #NewAmericanFunding

TAKE ADVANTAGE OF HISTORIC LOW MORTGAGE RATES. Things are moving quickly in today's real estate market, but the numbers are looking good for both buyers and sellers. Getting the best interest rates for your home loan can save you thousands and thousands of dollars! Despite the economic shockwaves caused by the coronavirus pandemic, it may actually be the perfect time to buy a property. I pride myself on making sure that you get the best possible rate available to you. ... Let's connect to make sure you have what you need to achieve your housing goals this year. See more

Want to buy a home? I can make it happen! Whether this is your first home or your list, I can help navigate you from hoping to homeowner. Contact me today to explore your loan options.

When you shop for a mortgage, it’s important to know your debt-to-income ratio (DTI). DTI is the percentage of your monthly gross income (before taxes) that is applied towards paying monthly debt. A low DTI ratio shows there’s a good balance between debt and income. If the DTI ratio is on the higher side, you may have too much debt for your income. There are two types of DTI ratios that mortgage lenders use: Front-End DTI and Back-End DTI. FRONT-END RATIO... Uses the monthly gross income to determine the percentage going toward housing costs. Housing costs examples: Monthly mortgage payment Property taxes Homeowner’s insurance Mortgage insurance Homeowner’s association fees BACK-END RATIO Shows the amount of income needed to cover combined monthly debt. Monthly debt examples: Credit card debt Car payments Child support Student loans Monthly mortgage payment Any other debt that may appear on a credit report

Still think you need a 20% downpayment to buy a home? Think again! New American Funding can help find the right low down payment option for you. Contact me today to learn more! https://www.youtube.com/watch

Helping first time buyer is my passion. Let my team and I help you and your clients

How do you know if refinancing your #mortgage is right for you? Start by asking yourself the questions below: How will this affect you financially? How long will you live in your home? Are there any potential risks?... Contact me today for more information on whether or not a #Refinance is the right option for you.

"Just don't give up trying to do what you really want to do. Where there is love and inspiration, I don't think you can go wrong." -Ella Fitzgerald

It’s the perfect time to get into your dream home or refinance your current home. Being secure gives you a stress-free life and what else can reduce your stress than enjoying life in your own home? Stay blessed & loved under your own roof. I work hard on finding you the perfect mortgage so that you can focus on what really matters.... See more

Given that #MortgageRates are lower than ever before, #refinancing may be a smart financial decision for many homeowners. Contact me today to get started, or learn more here https://nafmrkt.com/fxo

Home-buying is more affordable today than it has been in years! If homeownership is your dream, home financing can make it a reality. A house is likely the biggest purchase you’ll ever make, and odds are that you will need a mortgage. The best mortgage lender is different for everyone, but you should trust and feel comfortable with the lender you choose. Refinancing your home could save your money on a monthly basis. You've probably heard a lot about refinancing recentl...y. With interest rates being at the level they are now, it might be time to not only hear about it, but to ask about it! Let’s connect to find out more on how to have a financially-savvy move this year! See more

Another happy buyer. If you’re looking to buy or refinance and looking for this type of service Give me a call!