1 STOP MORTGAGE BLOG!

All Paperless Mortgages are Coming Soon!

Your Mortgage Is About to Finally Go Paperless All the WayOctober 24, 2016 They say the average mortgage application upon completion contains some 500 pages, which explains part of the frustration mortgage borrowers feel when going through the loan process.But Fannie Mae and Freddie Mac want to ease that burden by finally digitalizing the mortgage experience.  Both of these major quasi-governmental agencies announced upcoming changes that will go live in December and next spring.Come December 10th, Fannie Mae will add both asset and employment validation to its stable of useful loan ...

October 24th, 2016 | A BREAKING News Story!, All Paperless Mortgages are Coming Soon!

You CAN purchase a Home as a Single Parent

Buying a Home as a Single Parent  Buying a home as a single parent can be financially challenging, but very satisying in the end. Nothing says that you cannot purchase a home if you do not have a spouse. There might be some challenges you will have to overcome in order to achieve homeownership, but it is definitely a possibility for many single parents.Be Realistic The first step is to be realistic about what you can afford. There are many mortgage affordability calculators in our THE LEARNING CENTER on the top tab here which can help you determine your options.  When you use these...

October 21st, 2016 | Single Parent Purchases, You CAN purchase a Home as a Single Parent

How is a Credit Score Calculated?

DO YOU KNOW HOW YOUR CREDIT SCORE IS CALCULATED?  The following 5 areas of credit score calculation percentages deserves your very best attention! Credit scores or a lack thereof of the highest score you're able to have will influence your mortgage life more than just about anything.Check out "CREDIT & YOU" on the top tab on this page to learn more about credit scoring!   Still have questions?  We have answers to share!  Give us a call at 901-388-1588...we're here for you.

October 17th, 2016 | Credit Scores, How is a Credit Score Calculated?

Great News! 1 STOP Mortgage offers FREE 2% equity gift on Purchases with only 1% down

Never before offered!  FREE 2% equity gift on Purchases with only 1% down! Get ready for the Best News Ever for Homebuyers! 1 STOP Mortgage is pleased to announce an exclusive, never before offered FREE 2% lender gift of equity on Purchases with only 1% down.Give your yourself a low down payment, a great rate and a head start on your equity. This is the first time in the industry that this purchase program is offered!  Yes, 1% down on conventional loans with a 2% equity boost.Close in 30 days or less and available to you with no Mortgage Insurance!Call us at (901) 388-1588 for mo...

October 10th, 2016 | 1 STOP Mortgage Loan of the Week!, Great News! 1 STOP Mortgage offers FREE 2% equity gift on Purchases with only 1% down

1 STOP Mortgage gives you free courtesy refinancing analysis

Mortgage Refinancing 101 Managing your finances is as important as earning them. Significant proper watching and administering your resources is the key to successful financial management. Since imprudent investments might result into the draining of hard earned monetary resources, diligent management of income enables one to enjoy maximum benefits even by incurring minimum expenses. Careful analysis of your financial situation is more important when a mortgage on your home is involved. At the time of purchasing a home, due to time limits or other inevitable circumstances one might be c...

October 9th, 2016 | Refinance, 1 STOP Mortgage gives you free courtesy refinancing analysis

5 Steps to Build Your Credit

5 Steps to Create Good CreditAccording to Experian, a credit score is a number lenders use to help them decide: "If I give this person a loan or credit card, how likely is it I will get paid back on time?" The information from your credit reports is used to create your credit score.  Before getting for credit, get your free credit report from each of the three major credit reporting agencies (CRAs): Experian, Equifax, TransUnion. Under federal law, you are entitled to one every year.Order online at www.annualcreditreport.com, or call 1-877-322-8228. Check to make sure someone el...

September 30th, 2016 | About your Credit!, 5 Steps to Build Your Credit

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Serving the Great Mid-South Region
Offices: 901-388-1588 or 901-476-9100 |
Fax: 901-388-6202 | Email: info@1stophomeloans.com
1 STOP MORTGAGE | NMLS#215671 | TN Lic#108931 | 5909 Shelby Oaks Dr, Suite 129, Memphis, Tennessee 38134