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EDGEWATER Residential Capital Blog

EDGEWATER Residential Capital Blog


6 things not to do when applying for a mortgage

6 things not to do when applying for a mortgage

When lenders review your application, they like to see consistency in your finances, Give Edgewater Residential Capital a call today, Your NC & SC mortgage broker.

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Mortgage Rate Buy Down

Mortgage Rate Buy Down

Did you know that seller concessions can mean a much smaller mortgage payment? Call ERC TodayUs them toward a temporary rate buy down

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Jumbo Loans

Jumbo Loans

Dream Big Jumbo loan gives your customers the ability to borrow more than the traditional loan amounts with a lower down payment

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Build With Confidence

Build With Confidence

Our One-Time Close New Construction loans secure financing before you build starts, which means you don't need to front the money

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Top Ten thing to do when buying

Top Ten thing to do when buying

#1 Call Edgewater Capital Residential (we'll handle the other nine). Looking for a fast and easy loan to purchase your home? Call ERC Today

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Buying A Home Vs Renting

Buying A Home Vs Renting

Save more than $500 a month when you buy vs. rent, Purchase a $145,000 home with just 3% down, Pay yourself instead of your landlord. Call ERC Today

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1% Down when purchasing

1% Down when purchasing

Don't have a BIG down payment? Purchase your home with 1% down. You put 1% own and your lender pays an additional 2%, for a total of 3% down

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Looking for a Mortgage Loan in Lake Norman / Mecklenburg area?

Mortgage Loan Options

1

USDA Loans

USDA loan is special type of a zero down payment mortgage that eligible homebuyers in rural and suburban areas can get through the USDA Loan Program

2

Conventional

Conventional loans to 95% loan-to-value (LTV) – not us. A 97% LTV is just one of the things that make Newrez’s conventional loans a better choice

3

Jumbo Loans

Big Jumbo loan gives your customers the ability to borrow more than the traditional loan amounts with a lower down payment requirement.

4

ARMS

An adjustable-rate mortgage (ARM) is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan.

5

VA Loans

The Federal Housing Administration and the Department of Veterans Affairs have increased loan limits - meaning you can now finance more

6

Refinance Loans

Refinancing is the replacement of an existing debt obligation with another debt obligation under different terms.