Michelle Killmon - Your Dependable Lender

10/17/2024

And I saved her money monthly and she will be able to get rid of mortgage insurance later on 🥳

09/03/2024

It's Mortgage Information Monday (well, Tuesday because of the holiday this week): What are the title and deed?

The title is the legal right to own, use and control a property, while the deed is a document that transfers and shows legal ownership of a property. You sign the deed at closing.

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/30/2024

In my last newsletter, I explain how much refinancing can save you monthly. Yes, refinance is back. Are you someone who bought with an interest rate over 6.5%? Let's see if I can save you some money, too. If you are interested in keeping up with current mortgage information, you can sign up for my newsletter here https://join.homeactions.net/signup/MichelleKillmon

https://newsletter.homeactions.net/archive/newsletter/20262/15490550/5211076

In this video, I explain how much money you can save by reducing your interest rate and refinancing. I have special interest rate reductions available for FHA and VA loans. If you know someone who would benefit from this information, please share!

08/30/2024

You don't need 20% down to buy a home! First time home buyers can get into a home with as little as 3% down. Want to see what that looks like? Message me today!

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/28/2024

Have you reached the capacity of your current home? Interest rates have recently come down. Even though they may still be higher than your current interest rate, it could be a great time to finally make that move. With a free consultation, I can give you a general idea of what that looks like. Schedule one today! https://www.yourdependablelender.com/freeconsultation

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/26/2024

It's Mortgage Information Monday: What is an interest rate buy down?

There are multiple kinds of temporary interest rate buy downs available for home buyers, but all of them work the same. Typically, these are funded by the seller. The seller provides money which sits in an escrow account for a decided upon number of years. During those years, you make payments at a lower interest rate amount. This helps new buyers ease into full mortgage payments. If you'd like to learn more about temporary interest rate buy downs, please DM me!

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/22/2024

As you pay off your mortgage and your home value rises, you establish equity. Equity is money you can use to pay off other debt, update your home, make repairs, or go on vacation. The use of your money is up to you! If you'd like to see what using your equity would look like, schedule a free consultation https://www.yourdependablelender.com/freeconsultation

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/21/2024

My favorite way to grow my business is with referrals. Trust and loyalty can sometimes be hard to find. I appreciate every time you mention me to someone. Who do you know that could use help buying a home or refinancing? I'm currently looking for new clients to get started before the potential rate cut in September. Don't wait and be against more competition. Let's get started today!

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/19/2024

It's Mortgage Information Monday: What is amortization?

You get a copy of this every time you close a loan. It's the pages that lists out every payment you will make. It also shows how much of your payment will go toward interest and how much will go toward principal for the entire term or your loan. The amortization can change if you make extra payments, but it gives you a good idea of how your loan will go in the years to come.

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/16/2024

It's National Tell a Joke Day! Here is a good one for you 🤣

08/14/2024

If you put less than 20% down when you purchased a home, you carry Private Mortgage Insurance or PMI, which is paid every month. As your property value increases, you may be able to remove PMI before the lender originally scheduled it. If you think you might be in this situation, please schedule a free consultation and we will see if you can get out of PMI and save some money every month. https://www.yourdependablelender.com/freeconsultation

Michelle Killmon NMLS ID # 2288247 | Branch NMLS ID # 2269324 | Pink Home Loans | www.nmlsconsumeraccess.org
| Equal Housing Lender

08/13/2024

Assumable mortgages are something you hear about often these days. In my latest newsletter, I explain what an assumable mortgage is, what the benefits of an assumable mortgage are, what the disadvantages of an assumable mortgage are and what types of loans offer assumable mortgages. If you'd like to receive bi-weekly mortgage and home related content, you can subscribe here https://join.homeactions.net/signup/MichelleKillmon

https://newsletter.homeactions.net/archive/newsletter/20262/15490550/5211075

In this video, I explain what an assumable mortgage is, what the benefits of an assumable mortgage are, what the disadvantages of an assumable mortgage are and what types of loans offer assumable mortgages.. If you know someone who would benefit from this information, please share!