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So far Wendy Thompson Team has created 27 blog entries.

Best VA Loan Rates for $400,000, $425,000, $450,000, $475,000, and $500,000 Mortgages

If you're looking for the best VA loan rates between $400,000 and $500,000, you're in the perfect place! Most mortgage lenders won't show you sample quotes (they only want your personal info!) But not here! In this article, we'll show you sample VA loan rates for $400,000, $425,000, $450,000, $475,000 and $500,000 mortgages.   The keys to future home ownership include; understanding how your credit score will determine your APR rate, why higher APR rates make your monthly payments higher, and how the higher the monthly payment the less you can afford for a home.  Get started with a quick quote by [...]

2020-01-18T17:44:10+00:00By |VA|Comments Off on Best VA Loan Rates for $400,000, $425,000, $450,000, $475,000, and $500,000 Mortgages

Best VA Loan Rates for $300,000, $325,000, $350,000, and $375,000 Mortgages

Everyone deserves a place to call home, but none more so than the families and members of the military.   You deserve to have a home and we’ll show you how to get the best VA loan rates for $300,000, $325,000, $350,000 and $375,000 mortgages.   We will explain how your credit score affects your APR rate, how the APR rate affects your monthly payments, and why your monthly payments can determine how much you can afford for a home.  NOTE: Actual rates depend on your credit score, down payment, state, and loan amount.  Click here for an accurate, free quote. Or get started [...]

2020-01-18T17:46:56+00:00By |VA|Comments Off on Best VA Loan Rates for $300,000, $325,000, $350,000, and $375,000 Mortgages

Best VA Loan Rates for $200,000, $225,000, $250,000, and $275,000 Mortgages

It’s very common for first time home buyers to have no idea how much they can afford to pay for a home.   We are going to pull back the curtain on the best VA loan rates for $200,000, $225,000, $250,000 and $275,000 mortgages.  You need to know the VA loan amount that you can afford and the key factors that determine that number.   We will review those components and explain how your credit score affects your APR interest rate, show how the APR determines your monthly mortgage payment which is a huge factor in the amount of a mortgage you will qualify for.  Be sure that [...]

2020-01-18T17:48:14+00:00By |VA|Comments Off on Best VA Loan Rates for $200,000, $225,000, $250,000, and $275,000 Mortgages

Best VA Loan Rates with a 680 to 710 Credit Score

Finding the best VA loan can be stressful with a credit score of 680 to 710.  You know your score is decent, but can you actually get a really low loan rate in this credit range? The problem? Other lending sites won't show you any sample quotes! ... they only want your personal info! Not at the Wendy Thompson Team.  We'll show you exactly what you want... sample VA loan rates. We understand the process can feel overwhelming, but we will alleviate many of those fears and questions in this article as we explain how you can get the best VA loan [...]

2020-01-18T17:50:01+00:00By |VA|Comments Off on Best VA Loan Rates with a 680 to 710 Credit Score

Best VA Loan Rates with 640-670 Credit Score

Every family deserves a home, especially our military families and veterans. But the home buying experience can be frustrating. Especially when you want to see ballpark rates at your current credit score of 640 to 670, and no VA lending site will show them to you! (All they care about is getting your personal info). Not at The Wendy Thompson Team! We show you exactly what you want.  Not only will we will show you the Best VA Loan Rates by Credit Score for scores of 640, 645, 650, 655, 660, 665 to 670, but we'll also show you how [...]

2020-01-18T17:51:50+00:00By |VA|Comments Off on Best VA Loan Rates with 640-670 Credit Score

The hidden cost of renting & waiting to buy

As a renter or first time home buyer, it’s easy to look at home ownership as potentially expensive. You’ve got home maintenance, insurance, repairs, landscaping and any number of things which may require money to maintain. But here’s the thing that almost NO ONE REALIZES: When you rent, there is a cost involved in waiting. And it’s a HUGE number. Way bigger than you think. That’s why I bought a home as early as I could. And it’s why I’ve encouraged MY OWN children to buy their first home’s as early as possible. It’s the COST OF WAITING! Forget hundreds, [...]

2018-11-29T18:08:32+00:00By |Homebuyer|Comments Off on The hidden cost of renting & waiting to buy

Why Closing an Old Account Can DROP Your Score

It’s a popular opinion amongst those who work with any lines of credit that logic is discarded as often as possible. We’ve seen plenty of cases where someone was utterly dismayed when presented with the information that paying off something like a five-year automobile note actually lowered their score up to 40 points.  Why Does This Happen? The pure and simple answer is completely counterintuitive (see first sentence of blog) but here it is: The bureaus would rather you show consistent payments over years and decades than to succinctly pay it off. The older the trade line the more you [...]

2018-06-29T16:35:04+00:00By |Loan|Comments Off on Why Closing an Old Account Can DROP Your Score

How NOT to Lose $50,000 When Buying a Home

Last Thursday afternoon was humming along when my phone rang. It was a past client. She sounded stressed. “Hey, are you still in the mortgage business?” she asked. “Why yes!” I said. “I’m about to lose $50,000 because these people can’t get my loan closed, and my contract expires in a week”. Yikes. The Anatomy of a $50k Mistake Our client thought they were in a good spot. They were selling their prior home and had PLENTY of money to put down on the new one. So much, in fact, that they gave the seller a $50k deposit! The problem [...]

2019-02-07T23:53:59+00:00By |Homebuyer|Comments Off on How NOT to Lose $50,000 When Buying a Home

Been turned down 4 times? Don’t give up…

When you REALLY want something so bad you can TASTE IT, sometimes you just have to keep at it until it gets done. Even when it’s not easy. Can you relate? We recently had a borrower who came to us feeling a little beat up. He had been turned down for a mortgage loan not once, or twice, or three times. Yes… he had been turned down by 4 other lenders. But he REALLY wanted this house for his family! So he stuck it out. He found us. Self Employed Borrowers Have It Rough Self employed business owners are the [...]

2018-04-24T19:10:16+00:00By |Mortgage|Comments Off on Been turned down 4 times? Don’t give up…

Quick Close – No problem

A recent client of ours found her dream house in Memphis, TN. It had everything she wanted; a one of a kind house. She knew which rooms the kids would be in. She knew what changes she wanted to make to the house all their own. She could feel what it was going to be like to have her family living in this new house. It would be theirs in about a week. Their loan was approved. They were packing. And just like that… it almost vanished. The Call Nobody Wants Just 7 days before the closing, their lender called. [...]

2018-05-14T14:54:17+00:00By |Loan|Comments Off on Quick Close – No problem