Kelly Perkins MLO

Great news! Loan limits have increased to $548,250! Reach out today for more details! #loanlimitsincrease #mortgageloans #homeownership #chooseHOMESTAR

Are you thinking about selling your home soon or are in the beginning stages? Selling a home is a big task, and to make the process easier we’re sharing some guidelines on our blog that you can follow in order to avoid the pitfalls and headaches ensuring your experience goes smoothly. Read more: https://bit.ly/SellingYourHomeBlog #homeselling #HOMESTARblog

Uniform Residential Loan Application = A standard mortgage loan application form on which you provide the lender with information required to assess your ability to repay the loan amount and to help the lender decide whether to lend you money. #mortgageterms #homeownership

Thank you to all of the brave men and women who have served our country. HOMESTAR specializes in VA loans to help Veterans become proud homeowners at an affordable cost. Reach out to me today to learn more.... #homeownership #valoans #chooseHOMESTAR

Although things were different this past year, now is the time to make the most of your stimulus payment(s) and tax refund! Take advantage of historically low mortgage rates and use these extra funds to - Contribute to a down payment or closing costs... - Cover costs for a home inspection and appraisal - Save for home improvements, maintenance, and repairs #taxrefund #homeownership #refinancing #stimulusfunds #chooseHOMESTAR

There are several reasons homeowners choose to refinance, such as securing and lowering the monthly payment. The interest rate on your mortgage is tied directly to how much you pay each month, and you may be able to get a lower rate due to your credit improving or because of changes in the market. #refinance #chooseHOMESTAR

Amortization = Paying off a loan over a period of time and at the interest rate specified in the loan documents. The amortization of a loan includes the payment of interest and a part of the amount borrowed in each mortgage payment. #mortgageterms #chooseHOMESTAR #homeownership

Home means so much to us. Home is filled with many feelings, comforts, and memories it's the place where everything begins. I can help you find a place to call home forever. #homeofyourdreams #homeiseverything #homeownership

Tip to negotiate the price on your dream home: Walk away if it isn’t quite right. When you know, you know. In some cases, you may encounter a seller that won’t work with you. And it could be for any reason. Although the home may be tempting, don’t let it put you in an uncomfortable situation by going over your budget. It’s best to prepare yourself ahead of time that you may need to walk away from every home until you find the right one. You will know when you find the one that was always meant to be. #negotiatehomeprice #homeownership #chooseHOMESTAR

Loan spotlight: HOMESTAR has VA loans available to Veterans, Reservists, Active Duty Personnel, and surviving spouses of Veterans; based on military entitlement. Learn more: https://www.homestarfc.com/home-loans#va-loans #valoans #easiestwayhome #chooseHOMESTAR

Q: Will my payment ever change? A: If you have a fixed-rate loan, then the loan payment (principal and interest portion of your loan) would not change. However, if you escrow for property taxes and homeowners insurance, it may change as the cost for these items change. If you have private mortgage insurance (PMI), your payment normally decreases over time depending on which type of loan you have. The mortgage insurance (MI) on some FHA loans does not disappear. Homeowners association (HOA) dues are generally not escrowed into the payment and change over time. #homebuyerFAQ #chooseHOMESTAR #homeownership

Depending on where you’re remodeling in your home (bedroom, bathroom, or kitchen), make sure you have an area set up that can serve the purpose of that space while it’s not in working condition. #homeremodelingtips #homeownertips

Q: How much of a down payment do I need? A: Depending on the program, it can be as little as $0. Learn more about our loan programs here: https://www.homestarfc.com/home-loans #homebuyerFAQ #chooseHOMESTAR #homeownership

Getting ready to close on a refinance? Check out these basics to know before closing: - Your payoff amount is always higher than your remaining principal balance. - The funding date is typically different from the closing date. - While you do get a break on paying principal for the closing month, you are still paying a full month’s interest. ... - Don’t rely on existing escrow funds for closing. For more detailed information about refinancing, please do not hesitate to reach out to me! #refinancing #chooseHOMESTAR

Do you want to reduce your mortgage interest rate and lower the monthly mortgage payment? A VA IRRRL loan may be the right choice for you! Additional benefits of a VA IRRRL include: - Move from a loan with an adjustable or variable interest rate to one that’s fixed for a constant payment.... - Option to roll closing costs into the total loan for little or no out-of-pocket expenses. - No appraisal, few documents needed, and flexible eligibility requirements. Note: You must prove that you currently live in or used to live in the home covered by the loan. Contact me today for more details! #vairrrl #valoans #homeownership #chooseHOMESTAR

It will be an exciting day when you close on your new home! Be prepared with important documentation and ready to sign a lot of paperwork! Both your real estate agent and lender will be able to answer any questions you have about closing day. #homeownership #closing