Non QM Loans Archives - Page 3 of 3 - The Largest Non-QM Mortgage Lender in South Carolina

Is a Non-QM for Build-to-Rent Mortgages Smart?

As we head into fall and a post-pandemic economy, interest rates appear to be on the rise. With inventory for real estate remaining at an all-time low,

Case in Point – Pre-Qualification Letters Aren’t All That They’re Cracked Up to Be!

Never before in history have we experienced the type of real estate conditions we are now. The Charleston market is red-hot, and has been for so long that many potential homebuyers are beginning to feel the sting of exhaustion.

Having a Hard Time Obtaining a Jumbo Loan? Why to Consider a Non-QM Loan From HomeSpring

Just two short years ago, the nation was scrambling to figure out how to live in a pandemic world. A lot of American industry barely weathered the economic conditions,

Look for These Things to Find the Best Mortgage Lenders in South Carolina

The American Dream is alive and well in the real estate industry. Many first-time buyers are actively looking to make their dream of homeownership a reality.

Bridge Loans – What Are They, and Who Can Benefit From Them?

In the lending world, there are many different types of loans available. Each depends on who you are borrowing from, what you are doing with the funds you borrow, and your credit score or borrowing credentials. A bridge loan is a type of loan that is financed short-term, and it is meant to only be… Continue reading Bridge Loans – What Are They, and Who Can Benefit From Them?

What is a Non-QM Loan and What are They Good for?

In the lending industry, there are a vast number of different ways to borrow and lend money. One type of loan structure is a Non-QM loan. A Non-QM loan stands for a “non-qualified loan”. It is a type of mortgage loan that doesn’t require the standard qualifiers that most traditional loans do. With a non-QM… Continue reading What is a Non-QM Loan and What are They Good for?

Testimonials

Testimoial 1

Another couple weeks and we will have been in our new house 1 full year! What a journey – and thanks to you and HomeSpring it didn’t hurt too much, once I found you! Being Self-employed with some “past credit challenges” put me right into your preferred client range. Before you, we went through a multiple-months long, excruciating experience with another lender that didn’t work for us. Once we found you, the approval process was quick and painless! We had Schumacher Homes build our home and they told me your company was the quickest, easiest to work with and most enjoyable lender they have worked with… They’re nationwide and I believe they built about 200 homes in the Lowcountry last year. To underscore your ease of use… we refinanced the house after 6 months with a well-known national bank. What a pain in the butt! Took 3 months, we had to resubmit our financials every month and we had to work hard to get the refinance! Thank God that’s over!! Rest assured I’ll mention Chris Lathbury and HomeSpring Mortgage to anyone I meet who may need you! If you need a reference, feel free to pass on my name and I will sing your praises!! Thanks for all your work and help in making such a potentially stressful process go so well!

Testimonial 2

I want to say thank you to Chris Lathbury and the entire team at HomeSpring Mortgage for being so wonderful and gracious to me during the entire application, underwriting and funding process for the purchase of my home. It didn’t stop there Chris was very active in servicing the loan after funding. Whenever I would reach out with a question or had a concern Chris would always return my email or call within 24 hours max. Thank you from the bottom of my heart for all your help in accommodating the loan process to align with my relocation and new job appointment. It has been a pleasure to work with all of you! I highly recommend Home Spring Mortgage for all your real estate loan needs, you will not regret it.  
Firstly, it is a major task to apply for and be approved for a mortgage and when going through that process you want a mortgage lender that understands your specific needs and how to make that a reality. HomeSpring Mortgage is that company. After dealing with several lenders and their numerous delays I found Chris and HomeSpring. They were professional, communicative, truthful and a company that gets the job done. HomeSpring is the way to go when looking to finance your home. Solutions is what they are about.

Testimonial 3

My clients and I found Chris after another lender let us down. He listened to us, looked over our contract, and even spoke with the seller of the home my client’s were purchasing to help salvage the deal. With an incredibly tight timeline, and tons of emotions, Chris was the true hero in this transaction and made it happen for us. Words truly do not express the level of gratitude I feel for how hard he worked for us. To say he went above and beyond is an understatement. This was my first time working with Chris, and the person who referred me to him told me he has a heart of gold, and he did an outstanding job living up to that reputation. He will be my go-to for these unique financing situations from now on!

Drew K

Hey Norb – We just closed and I just wanted to reach out and sincerely thank you, Chris, and HomeSpring Mortgage for working with us on this. As you can imagine, we’ve had a very difficult time getting back in the good graces of lenders, especially on this scale, and needed a chance, and ya’ll gave us that. We’re excited about being able to do our renovation project now, when only a month or two ago it was looking highly unlikely. Also, I appreciate the timeliness and level of communication that ya’ll showed throughout the whole process, which made everything run smoothly.

Our intentions are to not stick around at the higher rate for the long term, as I’m sure you can understand, when hopefully rates come down at some point and our credit profile should continue to improve. Whenever that time comes, we will most certainly work with y’all again to hopefully capture a lower rate. Thanks again!

Drew K