Edge Home Finance, LLC: Trip Ritchie, Mortgage Broker - NMLS #408256

Edge Home Finance, LLC: Trip Ritchie, Mortgage Broker - NMLS #408256 Providing strategies & opportunities for low rates, hassle free mortgages for buying or refinancing a home.

You've heard the horror stories...how hard it is to qualify, not to mention the fighting, shopping, and haggling to get a good rate. I've got great news...When you're ready, the next step in getting a low rate mortgage made easy is to contact me so we can review your unique situation and make sure that you get a low rate mortgage without the stress and hassle. NMLS #408256
(843) 991-5828
[email protected]

09/26/2026

You talked them down twenty grand and you still lost the negotiation...

Here's why.

Say the house is five hundred thousand. You offer four eighty, they take it, and you feel great. Then you pay all of your own closing costs, which on that price can run ten to twenty thousand out of your pocket.

Now run it the other way. You offer the full five hundred and ask the seller for a credit toward your costs.

Same seller, similar net to them, and suddenly that money can pay your closing costs, buy your rate down, or buy you out of mortgage insurance entirely.

Your monthly payment ends up lower than the version where you won on price, and your cash stays in your pocket.

You're not buying a car. The lowest sticker isn't the prize.

Comment HOME and I'll send you my Roadmap to Homeownership.

Educational only. Not a commitment to lend. Rates and programs change.

09/25/2026

Seven credit moves people make before buying, scored out of ten.

An open dispute can hold your file up, so opening them right before you buy works against you. A brand new account lowers your average age of credit right at the moment it gets read. Closing an old card shortens your history and pushes your utilization up on what's left.

Paying every card down to zero feels responsible, but reporting a little can be better than reporting nothing. A small balance reporting beats both an empty card and a full card.

Doing nothing at all for six months is boring, and boring is what a file wants in the months before it gets read. Pulling your own report changes nothing about your score and takes away every surprise.

Comment HOME and I'll send you my homebuyer's roadmap.

09/24/2026

Your lender quoted you mortgage insurance one way and never mentioned...

the other two.

1. Monthly. It rides on your payment every month until it drops off. This is the default, and it's the only one most borrowers ever hear about.

2. Single premium. One lump sum at closing, then never again. Very few loan officers bring this up, and it can be paid for with seller credits.

3. Built into the rate. You take a slightly higher rate and never see a separate mortgage insurance line at all.

Which one wins depends on how long you'll keep the loan. If you're out in a couple of years, the math looks completely different than if you're staying fifteen.

Comment PMI and I'll send you my guide to mortgage insurance.

Educational only. Not a commitment to lend. Rates and programs change.

09/24/2026

Five loan products, scored out of ten, from twenty eight years of writing them...

Jumbo does a job nothing else does and asks the most of your file. USDA is genuinely useful and only where the map says so. FHA is built for a thinner file and its insurance rules need reading first.

Conventional is the most flexible. And if you served, the VA loan is built differently from everything else here.

Comment HOME and I'll send you my homebuyer's roadmap.

09/22/2026

Most buyers are further up this pyramid than they think...

Knowing what's on your report puts you at the bottom. Card balances sitting between one and thirty percent of your limit move you up a level. Two years of returns filed and income that hasn't changed puts you in the middle.

A down payment that has been in one account long enough to have a history takes you a step higher, and knowing what you'd ask the seller to cover before you write puts you on top.

Comment HOME and I'll send you the home buying roadmap for the next step up.

09/19/2026

You can purchase a home using only Social Security income. It’s important to know the different strategies available to help meet your personal goals.

Disclaimer: For educational purposes only.

09/19/2026

Most buyers walk in certain about which part of this matters, and the list is upside down...

The advertised rate was quoted to somebody else's file. Your exact score matters less than the band it lands in. The day you lock matters less than everybody thinks.

Seller credits, how the mortgage insurance is built, what your cards report, escrow, and the length of the loan. Those are the ones that move it.

Comment LOAN for the guide.

09/17/2026

Seven things about your mortgage that nobody at the bank volunteers...

A hundred lenders can pull your credit in a forty five day window and it counts once, for about two to four points. Single premium mortgage insurance exists and the seller can be made to pay it.

A card reporting zero can score worse than one reporting a small balance, and your payment can still rise on a fixed rate because escrow is not fixed.

Comment PLAN for the guide.

Address

PO Box 1592
Folly Beach, SC
29439

Telephone

+18439915828

Website

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