Private Mortgage Insurance (PMI) When it comes to conventional loans with low down payments, Private Mortgage Insurance (PMI) often comes into play. This insurance serves as a safeguard for lenders, allowing them to provide financing for buyers with down payments below [...]
Direct Mortgage Loans had the privilege of attending the 2023 FOP Biennial National Conference & Expo in Las Vegas, NV. This event for the FOP, known as the largest and oldest law enforcement labor organization in the United States, was a [...]
Direct Mortgage Loans has awarded Technical Administrator, Sam Martin, Volunteer of the Quarter. This award is presented to one volunteer each quarter during our monthly recognition meeting, to celebrate those who have gone above and beyond in their community! Throughout [...]
Is it cheaper or more expensive to build or buy a house? As of June 2023, the median sales price for new houses sold was $415,400, with an average sales price of $494,700. When building a house, the cost depends [...]
We are thrilled to announce the addition of Matt Mieras, our New Area Manager of DML Charleston and Branch Manager of The Mieras Team. With an impressive track record spanning over two decades in the industry, Matt brings a wealth [...]
Your Guide To Buying A Beach House Have you always dreamed of buying a beach house? A beach house can be a great investment. In this article, we will guide you through the steps to buy a vacation home. Benefits [...]
We are thrilled to announce the launch of our newest branch, The Palmetto Team of Direct Mortgage Loans in Charleston, South Carolina! Please join us in extending a warm welcome to our Branch Managers, Oliver Gibson and Paul Gordon. We’re [...]
What is a realtor preferred lender? Realtors often recommend preferred lenders because they have trust in these individuals or companies to efficiently complete the approval process and successfully close transactions. In the competitive real estate market, agents may spend weeks [...]
As with any mortgage loan option, there are advantages and potential disadvantages to VA loans. However, VA loans are an optimal home financing option for eligible veterans, active-duty members, or a qualifying spouse. Here we will examine some VA loan [...]
What is an ITIN loan? ITIN home loans are a specialized form of financial assistance designed specifically for individuals who possess an Individual Taxpayer Identification Number (ITIN) instead of a Social Security Number (SSN). Unlike traditional loans that require an [...]
