Caliber Home Loans

We have had a lot of questions regarding mortgage rates and lending options, so here to shed some light on the subject is local lender for Caliber Home Loans, Lucy Kranker. Lucy has been in the mortgage game for over 15 years and experience with residential loans including VA home loans. 

“Mortgage rates have been trending upward all year.  We hear from financial forecasters that the economy shows no signs of slowing down.  Mortgage shoppers should not be discouraged.  Any rate below 6% is a good one historically, and rates are still trending in the high 4% range.

There are many loan products available to meet the needs of new homebuyers as well as current homeowners.  With minimum down payment options available, the cash needed to close on a home could be very close to the amount needed to secure a rental when you look at having to pay first month, last month, and security payments.  For current homeowners, the increase in property values may afford you the opportunity to pull out cash for home improvements, debt consolidation, removing private mortgage insurance, just to name a few.  Some homeowners may be able to shorten the number of years left paying for their home by refinancing to a shorter term while not changing their payment dramatically.

It is definitely the time to speak to a loan consultant to explore the opportunities that may be available to you” – Lucy Kranker

If you are looking to start your homes search and need to connect with a lender, there’s no better time than now! Call or message us today to find out more about the process, available listings and next steps. 

Featured Senior Loan Consultant: Lucy Kranker, Caliber Home Loans | 772-473-4486 |

lu**********@ca**************.com