Market Review

Drinking from the Fire Hose

Maltese Group- Supreme Lending-Summerlin Office  Like many in the mortgage industry, July and August have been record breaking months for closing loans for us. Last month I helped secure over 6 million in home loans which is a personal best for me dating back to the bubble days and the branch closed 10 million also a high water mark. More importantly than doing more business is the quality of work.   Our operations team absolutely killed it helping 30 families this past month get clear to close from day of contract in 18.27 days on average. That’s Jimmy John&rs...

September 16th, 2019 | Financial Markets, Mortgage Market Review, Southern Nevada Real Estate Data, Mortgage Refinances, Interest Rates, Mortgage Rates, Drinking from the Fire Hose

You Must Be 48" To Ride

Maltese Group- Supreme Lending-Summerlin Office It’s been a while since I wrote a market review. I will start with some good things happening within our branch: Now offering List Reports https://welcome.listreports.com/ and Homebot, https://homebot.ai/ to go along with Rate Plug. Message me if you would like to partner up! Now Offering Reverse Mortgages Spanish Speaking Assistance In House 12-month Bank Statement Program New condos approved for conventional financing Juhl Sky Veer Panorama (not new but a reminder) Allure One Queen...

June 6th, 2019 | condo approval, condo financing, Financial Markets, Mortgage Market Review, Southern Nevada Real Estate Data, You Must Be 48" To Ride

Market Update-Because We Were.....Inverted

Maltese Group- Supreme Lending-Summerlin Location Question: Do you use “List Reports” and would you like to partner on it? Reply when you get a moment, thanks! What’s New??- A LOT FHA- Maximum loan amount is now $314,827 Conventional- Maximum loan amount is now $484,350 New Jumbo Program of the month- We have a 90% loan to value loan program that only calls for 1 year of tax returns, 30 year fixed rate is below 6% with NO MI!! Financial Markets We now have what we call a “Yield Curve Inversion” in the bond market, which is a significant occ...

January 9th, 2019 | Financial Markets, Mortgage Market Reviews, Market Update-Because We Were.....Inverted

It's Half Time... What's the Score???

AHORA SE HABLA ESPANOL!!!  We are extremely proud to announce a great addition to our work family, Alejandra Juarez, “Alex” who will assist us in helping our Spanish speaking clients. Home Is Possible “Hope Brings You Home” is just over half way through.  60 days into the roll out we can assume that the funds will be completely used up by the end of August.       As we head in to half time it’s a great time to take stock into how we are performing, not just in production but execution and most importantly taking c...

July 17th, 2018 | Down Payment Assistance, Down Payment Grant, Financial Markets, Mortgage Market Review, Southern Nevada Real Estate Data, It's Half Time... What's the Score???

If Ya Don't Know Now Ya Know

Maltese Group Supreme Lending Updates Products- By now you are probably all fairly familiar with “Hope Brings you Home” down payment assistance, under the Home Is Possible umbrella.  In case you aren’t familiar, here are the highlights: $20,000 or 10% of purchase price grant Buyer DOES NOT have to be a first time home buyer BUT CAN NOT own a home at time of closing Max sales price is $400,000 and max annual income is $98,000 The program rolled out in May, and roughly ¼ of the funds have been reserved Zip codes restricted to the below zip codes ...

June 20th, 2018 | Down Payment Assistance, Down Payment Grant, Financial Markets, Golden Knights, Mortgage Market Review, Mortgage Market Reviews, If Ya Don't Know Now Ya Know

I'm Bringing Stated Back.....

Maltese Mortgage Group- Supreme Lending- Summerlin Branch Product ALERT Update! In case you may have missed the announcements, we have updated loan amounts for 2018:  FHA- $294,515 Conventional- $453,100 VA- $453,100* Jumbo VA can go much higher with minimal down payment Supreme recently brought on Angel Oak, giving us the ability to lend 2 years after foreclosure up to 90% loan to value.  Additionally we can lend to self employed buyers through our bank statement (Stated) program up to 90%!  Financial Markets: This past Friday capped an absolute roller c...

April 5th, 2018 | Mortgage Market Review, Financial Markets, Southern Nevada Real Estate Data, I'm Bringing Stated Back.....

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Supreme Lending NMLS 2129

Matt Maltese Branch Manager
NMLS: 369921

10801 West Charleston, Suite 520
Las Vegas, Nevada 89135
Phone: 702-372-2427
Fax: 702-984-4271
Branch Phone: 702 984-4211

Our Location

 http://www.nmlsconsumeraccess.org/

 This website is not authorized by the New York State Department of Financial Services to accept mortgage loan applications for properties located in New York. For New York applicants, please visit our New York authorized website: www.supremelending.com.

© 2018 EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 (www.nmlsconsumeraccess.org) 14801 Quorum Dr., #300, Dallas, TX 75254. 877-350-5225. All rights reserved. Supreme Lending is an Equal Housing Opportunity Lender. This is not an offer to enter into an agreement. Information, rates, & programs are subject to change without prior notice and may not be available in all states. All products are subject to credit & property approval. Supreme Lending is not affiliated with any government agency.