"Cash to close" is a popular term you'll hear mortgage originators and Realtors use. It's generally a term used to refer to the amount of money you'll need in order to close the mortgage transaction. This could include fees for appraisals, title, escrow funds, attorney fees. as well as the down payment funds. "Cash to close" is the entire amount you will need on the day of closing your mortgage loan. Not sure what your Cash to Close amount will be? Contact us and we can help you project and plan for that!
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
#1stDayOfFall
“The hard days are what make you stronger.” – Aly Raisman
Many consumers ask us what certain mortgage terms mean, so we've put together a series of blog posts that will help with mortgage education. This week we cover "Back-end ratio" which covers an important part of the qualifying process. Check it out, and learn what your back-end ratio is, today!
https://thebackyardatspm.com/archive/what-is-back-end-ratio/
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
"You have power over your mind — not outside events. Realize this, and you will find strength." —Marcus Aurelius #MotivationalMonday
Sierra Pacific Mortgage remembers, and honors all fallen civilians and first responder heroes who sacrificed that day. As Deepak Chopra once said, “life is fleeting, impermanent, and uncertain. Therefore, we must make use of every moment and nurture it with affection, tenderness, beauty, creativity, and laughter.”
We hope today allows you the time to cherish your loved ones and create acts of kindness around you. #neverforget #NeverForget911 #911 #September11 #freedom #lovedones #sierrafamily #worldtradecenter #onesierra
Closing costs - Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller.
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
DPA - Down payment assistance (DPA) programs help homebuyers with loans or grants that reduce the amount they need to save for a down payment. There are four main types of DPA: Grants, which are essentially gifts that never have to be repaid.
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
DPA - Down payment assistance (DPA) programs help homebuyers with loans or grants that reduce the amount they need to save for a down payment. There are four main types of DPA: Grants, which are essentially gifts that never have to be repaid.
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
Closing costs - Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller.
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
Did you know that 25% of families are moving sooner than they thought, due to the pandemic? If you've found yourself in a position of needing or wanting to move sooner, contact us- we can help! https://loom.ly/GT4kKaw #spmc #mortgagelending #SierraPacificMortgage
REDFIN.COM
Survey: 25% of Homebuyers Are Moving Because of the Pandemic
It would be an understatment to say 2020 has been a year of challenges! Here's to hoping you have turned these challenges into meaningful lessons. Have a great week, friends!
"Challenges are what make life interesting and overcoming them is what makes life meaningful." -Joshua J. Marine
#motivationalmonday #sierrapacificmortgage #quotes #quotesforinspiration
Closing costs - Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller.
#MortgageGlossary #SierraPacificTerms #SierraPacificMortgage #spm
We value service at the heart of everything we do, whether that be for this country or our customers. Today we salute our past, present and future veterans including the Sierra employees pictured here, who served in different branches of the US Military. Thank you for your service!
• Jerry Siebum, MLO, Vietnam Vet
• Denver Hipp, Senior Loan Officer, US Navy
• Colt Messer, MLO , US Air Force
• Aaron Hvizda, Staff Accountant, US Marines
• Addison Hartman, Account Executive, from Drop Zone to TPO
• Jeff Love, Branch Manager, US Navy
• PJ Bailey, Retails Sales Manager, US Army
• Vanessa Serena, Loan Assistant, US Air Force
#onesierra #sierraproud #veteransday2020 #pillarsofsuccess #sierrafamily #thankyou #spmc #sierrapacificmortgage
Are You House Hunting? Here are 10 Potential Red Flags to Be Aware of.
#homehunting #mortgagelending #sierrapacificmortgage #getpreapproved
https://loom.ly/TYa4iXY
REDFIN.COM
10 House Hunting Red Flags You Should Be Aware of - Redfin
"The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will." -Vince Lombardi
We hope this motivates you to keep trying to pursue your dreams!
#sierracares #sierrapacificmortgage #joinus #onesierra #sierrapillarsofsuccess #mortgagelending #wecare
Happy Monday friends and colleagues! Hope you have a week filled with growth and productivity. Cheers! #MotivationMonday #spmc #pillarsofsuccess #amplifyyourimpact
“One can choose to go back toward safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.” —Abraham Maslow
“When you give joy to other people, you get more joy in return. You should give a good thought to happiness that you can give out.”— Eleanor Roosevelt
“Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.” – Earl Nightingale
#motivationalmonday #sierracares #sierrapacificmortgage #joinus #onesierra #sierrapillarsofsuccess #mortgagelending #wecare
2020 has certainly been a crazy year! We sincerely hope you had great moments mixed in with the array of the challenges that certainly came along. Here's to a better 2021, and we can't wait to be a part of your story and success in the New Year. Cheers! 🥂✨
#happynewyear #newyearnewgoals #spmc #goals #career #prosperity #pillarsofsuccess #hello2021 #happynewyear2021
Sometimes the simplest things like working hard, and being kind make the biggest difference.
At Sierra, we end nearly every all-hands company call with this reminder and sentiment. And our employees live it and breathe it.
Happy Monday, everyone! Let's round out the year with great work sprinkled with kindness :)
#motivationalmonday #sierracares #sierrapacificmortgage #joinus #onesierra #sierrapillarsofsuccess #mortgagelending #wecare
Thank you to all our colleagues, customers, family, and friends for all that you do to make us who we are.
#HappyHolidays 🎄
From all of us at Sierra Pacific Mortgage
