Synergy One Lending

The median price of an existing home sold in September increased 14.8% compared to September 2019 - in other words, September was a circus for the housing market and IPOs are going off the rails! #SynergyOneLending

Loan Officers! Join us on November 10th at 11am PST for The Cost of Being Invisible No Nonsense Social Media with Bill Hart. https://marketing.s1l.com/the...-cost-of-being-invisible/ You can’t say I don’t have time for social media, or I don’t like the way I look on video, or I don’t like the way I sound. You NEED to get past that, because if you don’t, you’re going to be INVISIBLE. Everyone knows that it’s important to have social as a part of your business plan, but how do you use social media to actually drive your PRODUCTION? We’ll discuss what you absolutely NEED to be doing on social media RIGHT NOW to make 2021 your highest producing year yet. Click here to secure your spot today! https://marketing.s1l.com/the-cost-of-being-invisible/

Term Tuesday: What is an adjustable-rate mortgage? This is a loan with an interest rate that varies depending on how market rates move. It is important to understand the difference between fixed and adjustable-rate mortgages because if your rate were to increase there would also be an increase in your monthly payment.

Instead of the Way Too Early College Football Top 25 that happens right at the end of the season, Fannie Mae’s Senior Vice President and Chief Economist, Doug Duncan, is dishing his 2021 predictions for the housing market. #SynergyOneLending

Term Tuesday: What is a fixed-rate mortgage? A fixed-rate mortgage is when the loan maintains the same interest rate throughout the life of the loan. It is important to understand fixed and variable rates, a fixed-rate mortgage protects borrowers from sudden increases in their monthly payments.

Today Chase Majerus is giving you the low down on down payments and low saving by Millennials - and how stimulus stalls are making renters and landlords freak out! #SynergyOneLending

30% of buyers 29 and under said saving for a down payment was the most difficult part of the home buying process. So, you’re not alone if down payments intim...idate you! But, did you know that there are some programs out there that offer 0% down? To see if you qualify, reach out to an S1L Loan Officer today! #SynergyOneLending See more

Term Tuesday: What are assets? Assets are anything you own that has a cash value. Your liquid assets are incredibly important as they help determine if you qualify for a home loan.

Despite a global recession brought on by the Coronavirus pandemic, home values in major markets around the world continue to rise - with some at risk of overheating. WATCH TWT for more! #SynergyOneLending

If you’re 10 years out of college and still have student debt did you know it’s still possible to afford a home? For buyers 30 to 39 years, 38 percent had s...tudent debt with a median amount of $34,000. To calculate your monthly loan payment, download the S1 Connect app today! #SynergyOneLending See more

Here's a #NationalPodcastDay fun fact for you: 74% of people listen to podcasts to learn new things, 71% to be entertained, 60% to stay up-to-date, 51% to relax, 47% to feel inspired. Why do you listen to podcasts? #SynergyOneLending

What is a pre-qualification? Getting prequalified is EXTREMELY IMPORTANT because this is the document that informs a borrower of how much they can afford to take out on a home loan.