Life at PHMC

Look out for the witches, ghouls, and goblins that will be roaming the streets on Halloween. While the holiday brings lots of spooky tricks and treats, it’s also a time to keep little monsters safe while having fun. So, what can you do to be cautious and still enjoy the festivities? Just follow a handful of quick safety tips to help the children have a Happy Halloween.

How often do we make a 30-year commitment? A partner? Our children? A career? For majority of us, 30 years sounds like an eternity. In terms of purchasing a home, a 15-year loan is a bit more comforting over a 30-year: lower interest rates, and of course, cutting the time frame of paying off your mortgage in half. On the flip side, the downfall of a 15-year fixed mortgage is committing to the higher monthly payments. “What if I can’t pay it?” is a common worry in case an event occurs, and the homeowner cannot pay their mortgage. For many home buyers, a 30-year fixed mortgage is the safest bet, even though they trade a lower payment to more interest overtime and double the commitment.

Veterans, service members and military families can achieve the dream of homeownership by using the significant advantages that VA loans offer. These are government-backed mortgage loans in which the U.S. Department of Veteran Affairs (VA) role is to insure mortgages issued by approved lenders. This minimizes the losses of lenders will not lose money if borrowers’ default on their mortgage. Additionally, this type of loan requires borrowers to pay for mortgage insurance. This helps mortgage lenders provide some financial benefits that are typically not found in other loan types.

The last several years have proven to be unpresented times for property appreciation with homeowners’ s equity increasing at an extraordinary pace. Do borrowers have to sell to access some of that equity? What if a borrower wants to make home improvements, pay for college, buy a car, or consolidate other outstanding bills? Now could be a good time for you to consider a home equity loan or cash-out refinance.

The cannabis industry is booming and PHMC is here to help get you home. A generally cash-only business may make other lenders say, “not today,” but Platinum counters with “we’ll find a way!” Our team of mortgage specialists have the expertise and resources to help navigate on what’s available as a cannabis professional.

Buying a home is a big financial decision. So regardless of whether your tax refund is available yet, you should contact Platinum Home Mortgage to learn about all the loan products that can help bring you closer to your goal of homeownership.

I’ve been in the industry for 22 years. The first decade, I started as a part-time Teller at a large national bank and eventually worked my way up to Branch Manager.

I started as a loan officer in January 1986, when interest rates had just fallen below 10 percent and before there was technology as we know it today. Back then, it took more time to get the job done because the processes were longer:

Women’s History Employee Spotlight

The 10-year U. S. Treasury yield serves as a vital economic benchmark for borrowing rates, such as mortgage rates. It’s closely watched as an indicator of broader investor confidence that is affected when the Treasury yield fluctuates

Your neighbors are the key players when it comes to building and maintaining a strong community. Whether you live in a new or existing neighborhood, communities can grow as long as residents are willing to foster relationships with their neighbors.

Community gardens are a great way to bring homeowners together for the benefit of the entire neighborhood. Participation in starting and maintaining a garden can help transform residents into a united community.

The crisp air and motivated sellers make buying a house during the off-peak fall and winter seasons the perfect time to get your perfect home. When a property is listed, the goal is usually to get it sold as quickly as possible, so sellers may be more willing to accommodate buyers who are searching during the off season.

Have you ever put any thought into a character from a popular TV show inventing an actual holiday? It never crossed my mind either. But that’s exactly how February 13 became known as Galentine’s Day.

It’s not your imagination if you feel a case of the winter blues every year. Your mood swings, fatigue, and lack of energy can be attributed to colder weather and the national time change that results in shorter daylight hours. There’s actually a clinical term, called Seasonal Affective Disorder (SAD), that describes how a lot of people feel during the fall and winter months.

The 10-year U. S. Treasury yield serves as a vital economic benchmark for borrowing rates, such as mortgage rates. It’s closely watched as an indicator of broader investor confidence that is affected when the Treasury yield fluctuates.

While making resolutions can signify a fresh start for many people, it might be a good idea to set impending goals before the new year begins. This action allows us to mentally prepare ourselves for the changes we plan to make. New Year’s resolutions should be about making beneficial changes in the months ahead.

Are you tired of munching on the striped, sweet treats that are synonymous with the holiday season? If so, there are some fun and tasty ways to repurpose uneaten candy canes.

It’s that time of year when hosts are serving an abundance of delicious, savory food. But is there an easy way to prepare flavorful dishes that even your guests with diet restrictions can enjoy?

In National Mortgage News today, Platinum’s CEO William Giambrone is quoted as saying that the company is ‘ready and willing’ to move forward with participating in the Special Purpose Credit Programs, presenting more opportunities for future homeowners.