According to Kellie Collins of Kellie Collins Integrity Mortgage, if you’re looking to buy a home in 2024, the priority right now should be stockpiling money for a down payment. That’s because the flux of five million buyers — who dropped out of the market when interest rates increased in 2023 — are projected to jump back into the game later this year when rates are expected to fall by an entire percent. As a result, the housing market is set to soar again, with bidding wars favoring cash buyers.
However eye-rolling this news might seem, securing a mortgage doesn’t have to feel daunting when you’re educated about the process and the various options that could be available to you. That’s where Collins comes in, listening to her clients and learning what they are looking to achieve so that she can help them find the best loan to fit their needs. That loan could be a first-time buyer, conventional, FHA, VA or self-borrower loan. It might even be a reverse mortgage for senior citizens looking to pull value out of an existing property.
As Collins says, she will “exhaust every possibility” to help her clients access the funds to reach their financial goals by investing in their next property. Whether that means finding that loan today or forming a plan to secure a future loan, Collins is your teammate, her eye on your victory.
For more information call 843-810-7219.
By Sarah Rose
