5 Star Review: Finding the Best Broker in Pasco County Finding the right broker can feel like searching for a needle in a haystack. With all of your choices, it's essential to find a partner who not only understands your financial goals but also navigates you through the complexities of the mortgage process with ease. Enter Chissell Mortgage Group, your trusted mortgage advisor. Proudly Serving Clients Like M Linq At Chissell Mortgage Group, we take pride in every client we assist, including people like M Linq. Their recent review speaks volumes about our commitment to excellence. M Linq ..read more

Breaking Free from the Chains of High Interest Rates Are high interest rates turning your dream of affordable homeownership into a financial nightmare? It's time to liberate yourself from the shackles of exorbitant mortgage costs. If you're grappling with steep interest rates on your current FHA or VA mortgage, there's a beacon of hope on the horizon. Join us on a journey to financial freedom as we explore the transformative power of FHA Streamline Refinances and VA IRRRLs. Say goodbye to the burden of high interest rates and hello to a more secure and prosperous future. FHA Streamline Refina ..read more

The Clock is Ticking: Florida’s Hometown Heroes Program Revived with Limited Funding In a remarkable yet fleeting victory for aspiring homeowners, the Hometown Heroes program has made a much-anticipated comeback. Initially, when the floodgates were opened to the public, the resources were depleted in under two months, leaving numerous potential buyers in the lurch. However, due to its overwhelming popularity, the State of Florida has infused an additional $36 million into the program. But make no mistake – these funds are expected to dissipate swiftly. Now is the time to act, to secure yo ..read more

Exciting developments are on the horizon for prospective homebuyers! As we approach 2024, certain lenders have proactively adopted a new conforming loan limit of $750,000. This is a significant increase from 2023's cap of $726,200. But what does this mean for you? In essence, you now have the opportunity to obtain a larger loan amount—up to $750,000—to be precise, without venturing into the realm of jumbo loans. It's worth noting that jumbo loans often come with higher interest rates and additional fees. This adjustment amplifies the purchasing power of borrowers, enabling them to explore a ..read more

The average U.S homeowner now has more then $274,000 in equity- up significantly from $182,000 before the pandemic, according to Corelogic Q1 2023 Homeowner Equity Insights report. Homeowners have more equity in their homes then ever before, and with the pandemic and this years financial struggles, now is the time that many want to use it and get cash in hand. There are two main ways of going about that between Home Equity Lines of Credit (HELOCs) and doing a conventional mortgage, more particularly a cash-out refinance (CORF). But how do you know which one is the best fit for your unique fin ..read more

Every day, many first-time homebuyers hold back their dreams of owning a home because of one myth: they believe they need to save up a whopping 20% of the home's price just for the down payment. While it's true that a larger down payment can offer certain benefits, it's crucial to understand that it isn't the only option. In reality, there are several financing solutions available that don't demand such a hefty upfront payment. Let's explore some of these options. The Realities of Down Payments: Not Always 20% Down VA and USDA Loans: 0% Down For those who qualify, the VA (Veterans Affairs) a ..read more

Buying your first home is thrilling, but it comes with its set of unfamiliar terms – one of them being "escrow". If you find yourself puzzled by this concept as a new homebuyer, you're not the only one. Let's dive in and simplify escrows for a smoother homebuying experience. How Escrowing Works and Its Impact on Your Monthly Payment Cracking the Escrow Code In its simplest form, an escrow is an account held by a third party on behalf of two primary transacting parties. In the realm of homebuying, this means that your lender might set up an escrow account to collect and pay certain propert ..read more

It's an exhilarating moment: you've finally decided to take the leap into homeownership. You're browsing listings, imagining your life in each beautiful home, and daydreaming about the color you'll paint the nursery. But before your dreams can become a reality, there's that all-important step: securing a mortgage pre-approval. One common stumbling block prospective homeowners face revolves around the documentation required. Do you need your tax returns for that all-important mortgage pre-approval? The answer depends on your employment type. Let’s dive into the specifics. W2-Wage Employees: B ..read more

The Fast-Track Depletion: Funding Ran Out in Under 60 Days In an unexpected move, the Florida Hometown Heroes Program opened its doors wider in July, making the program's benefits available to everyone regardless of occupation. As long as they were a first-time homebuyer they were available to use this program. The intent behind this gesture was commendable - ensuring that more Floridians had the opportunity to benefit from the assistance the program provided. However, the overwhelming response was unforeseen. In less than two months, the program ran out of its 100 million in funding . The Fl ..read more

With only a few weeks left to secure funding, those who wish to benefit from its offerings need to act swiftly, or we may see this invaluable initiative disappear altogether. The program gives first-time homebuyers up to $35,000 dollars in down payment and closing cost assistance to those who met the criteria. Ever since the program changed in July, the Florida Hometown Heroes Program has witnessed unprecedented success. The changes made the program easier to apply for across the board. It used to be for veterans, military personnel, firefighters, police officers and medical personnel, but t ..read more