3 Tips to Find the Best Neighborhood to Live In

3 Tips to Find the Best Neighborhood to Live In
Posted Tuesday February 25, 2020 in Mortgage

The vast majority of people are going to move at least once in their life. Moves can vary in distance. Sometimes, these moves are across town. Other times, they might be across the country. Regardless of the distance, is important to find a neighborhood that fits both the budget and lifestyle. There are a few…
Big Home Repairs That Can Sink A Budget Quickly

Big Home Repairs That Can Sink A Budget Quickly
Posted Wednesday February 19, 2020 in Mortgage

For most individuals and families, their home is the most expensive investment they will ever purchase. Therefore, it is important for everyone to take care of their home. Routine maintenance can prevent costly repairs from arising down the road. It is important for homeowners to make sure they budget for home maintenance and repair costs.…
Mortgage Payments Are Getting Relatively Cheaper

Mortgage Payments Are Getting Relatively Cheaper
Posted Monday February 17, 2020 in Mortgage

The average mortgage payment is about $1,500 per month, according to the U.S. Census Bureau, coming in at about the same amount as the cost of renting (the average cost to rent was $1,476 in October). Mortgage payments have decreased about 3% since mid-2018. They’re expected to get even lower this year, possibly 3.3% to…
Considering A Reverse Mortgage? Understand These Important Points First

Considering A Reverse Mortgage? Understand These Important Points First
Posted Tuesday February 11, 2020 in Mortgage

There are many individuals who end up on a fixed income once they reach a certain age; however, their expenses aren’t always fixed. Sometimes, there is a large medical expense. In other cases, someone might need money for a new car or a home repair. In the event that someone needs cash quickly, one option…
Investment Property Down Payments: How Much Will You Need?

Investment Property Down Payments: How Much Will You Need?
Posted Thursday February 6, 2020 in Mortgage

Investing in real estate is a great way for someone to diversify his or her assets; however, there is a common hurdle that almost all real estate investors face. This comes in the form of a down payment.  It can be a challenge for someone to come up with enough cash to fund the down…
Green Energy Tax Credits For Home Improvement & Energy Efficiency

Green Energy Tax Credits For Home Improvement & Energy Efficiency
Posted Wednesday February 5, 2020 in Mortgage

Many individuals and families are looking for ways to reduce their energy consumption. Running the heater during the winter and the air conditioner during the summer can have significant impacts on someone's energy consumption and costs. It should come as no surprise that many people are trying to reduce their HVAC usage to save money; however,…
4 Things To Do Before Co-Signing A Mortgage For Your Child

4 Things To Do Before Co-Signing A Mortgage For Your Child
Posted Tuesday February 4, 2020 in Mortgage

It can be hard to convince a lender that a young person is ready to buy a house. There may not be a long credit history, a lack of assets might make it hard to fund a down payment, and the buyer's age can cause banks to hesitate. One of the ways for parents to…
The Average Mortgage Payment Is Declining. Here’s Why.

The Average Mortgage Payment Is Declining. Here’s Why.
Posted Thursday January 30, 2020 in Mortgage

According to a report that was recently published by the United States Census Bureau, the average mortgage payment has been dropping. According to the bureau, the average payment is just over $1,500 per month. This is shockingly close to the average cost of renting, which is just under $1,500 per month.  This data shows that…
How A Reverse Mortgage Can Help With Long-Term Care

How A Reverse Mortgage Can Help With Long-Term Care
Posted Thursday January 16, 2020 in Mortgage

Anyone who has paid attention to the TV recently has likely seen a lot of commercials for something called a reverse mortgage. For those who might not know, a reverse mortgage is exactly that. In this option, people receive monthly payments from a lender in exchange for equity in their homes. In essence, this functions…
  • Sue Lechman

    Sue Lechman

    Sr. Mortgage Broker
    NMLS# 257931

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    Sue Lechman

    8282 W Cactus Rd, Ste. E146
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