If you’re in Nashville and trying to get a loan for a new home purchase, the first call you should make is to The Home Loan Expert, Ryan Kelley. Right now, with mortgage interest rates in the 3’s, it’s the PERFECT time to buy that new home. Everyone knows how Nashville summers can get – hot, sticky, unpleasant. Get pre-approved now so you’re ready to make an offer on your new Music City home. In fact, if you call us before you shop, we can give you the exact maximum purchase price that you would qualify for. This makes finding a home and making an offer a snap!
There really isn’t a better time to buy. Mortgage rates are staying low; even though home prices are rising. Therefore you can lock into a loan with a low rate and lower payment right now while your home increases in value. Since the PMI rate on FHA loans has been reduced, first-time homebuyers have it easier than ever. Another factor to remember is that rent is rising nationally. While the rate is different in every city, overall, rent has grown exponentially. In 2014, U.S. renters paid a collective $441 billion in rent, up $20.6 billion, or 4.9 percent, from 2013, according to a new report from Zillow, a real estate company. That translates to $26 more per month for the average renter. This trend has continued in 2015.
If you’re looking to make 2015 the year to move into your new home, call The Home Loan Expert in Nashville, Ryan Kelley, today. Nobody makes it easier to get a new home purchase loan. Call (615) 810-8555 or visit www.thehomeloanexpert.com/newlook/nashville to apply online today.