Market Review

Blog Image: If Ya Don't Know Now Ya Know

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

Blog Image: Superhero DPA Program Announced

Superhero DPA Program Announced

NEVADA HOUSING RELEASES SUPER DPA PROGRAM Nevada Housing Division has merged “Hardest Hit Fund” and “Home Is Possible” and created the best down payment assistance opportunity I have seen in my 19 years of lending.  There is $36,000,000 available for this program, so basically it will be available for around 200 very lucky home buyers. The program follows standard Home Is Possible parameters but is not valid for new construction or manufactured homes.  The program will offer up to $20,000 for down payment and closing costs AT BELOW MARKET INTEREST...

April 12th, 2018 Superhero DPA Program Announced

Blog Image: I'm Bringing Stated Back.....

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.....

Blog Image: Bond Market Bubble Burst??

Bond Market Bubble Burst??

Maltese Group-Supreme Lending-Summerlin Branch- Update With December in the books, it is a great time to reflect on 2017 and more importantly set goals for 2018.  The highlights of my team’s accomplishments: 201 transactions for nearly $50,000,000 with purchase transactions representing 90% December average application to final approval turn times ran at 21 days, with average application to funding averaging just under 24 days.  Nearly 10% quicker than the company average.  We run a tight ship at the Summerlin Branch! I am proud to say that out of 20...

January 11th, 2018 | Mortgage Market Review, Financial Markets, Southern Nevada Real Estate Data, Bond Market Bubble Burst??

Blog Image: Satisfaction Counts!

Satisfaction Counts!

Maltese Group- Supreme Lending Summerlin Branch I thought I would share our customer satisfaction report with you.  We have these surveys go to closing with our loan documents.  Unlike the auto industry we don’t plead with our clients to give us a certain rating, because, well, what’s the point then right?  So here it is, the good bad and the ugly unfiltered and un- edited.  As a whole we have nearly 95% of our clients that were either very satisfied or satisfied. The only not so satisfied clients were on my watch.  2 wanted me dead.  As hard as we ...

November 24th, 2017 | condo affordability, condo financing, Financial Markets, Mortgage Market Review, Southern Nevada Real Estate Data, Satisfaction Counts!

Blog Image: Raising the Standard Deduction, What does it Mean?

Raising the Standard Deduction, What does it Mean?

Maltese Group with Supreme Lending- Update Please join us on December 1st for a lunch and learn regarding condo financing.  Getting condo projects approved has been a humbling process because I am finding out that even I have a lot to learn regarding this topic.  Example, I recently learned that even if the condo development has more owners that live off site, we can STILL lend up to 97% for perspective home buyers that want to buy as a primary residence or we can lend up to 90% for those looking to use the condo as a vacation home.  So, if your client has recently been ...

November 15th, 2017 | Mortgage Market Review, Financial Markets, Southern Nevada Real Estate Data, Raising the Standard Deduction, What does it Mean?

Supreme Lending NMLS 2129

Matt Maltese Branch Manager
NMLS: 369921

10801 West Charleston, Suite 520
Las Vegas, Nevada 89135
Phone: 702-720-4745
Fax: 702-984-4271
Branch Phone: 702 984-4211

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© 2018 EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 ( 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.