Chad Appleton - Compass Mortgage

Tired of watching interest rates fluctuate? Lock in your peace of mind with our new Closed-End Second Mortgage! Get a lump sum of cash with a fixed interest rate and a set monthly payment that will never change. It’s the perfect way to tap into your home’s equity for debt consolidation or large expenses—all while keeping your current first mortgage exactly where it is.

Reach out for details.

https://myoc.io/chadappleton

Today we honor and remember those who have made the ultimate sacrifice for our country.

https://myoc.io/chadappleton

Tennessee homebuyers, the choice is yours! Whether you want to minimize your monthly payment or maximize your assistance, we have options for you.

Choose between:

The Deferred Option: Get $6,000 at 0% interest with no monthly payments! It only needs to be repaid if you sell or refinance.

The Payment Option: Access up to 5% of the sales price (max $15,000) to cover your down payment and closing costs, amortized over 30 years at the same rate as your first mortgage.

Ready to find your home in the Volunteer State? Let’s talk!

https://myoc.io/chadappleton

Happy Mother’s Day to all the moms whose love and care make a house a home. We’re also thinking of those for whom today is difficult—you’re not alone.

https://myoc.io/chadappleton

Don't just get a loan, get a strategy. An experienced loan officer does more than find you a mortgage—they find the one that saves you money and stress. Your loan program is part of that! That's the Compass Mortgage difference.

https://myoc.io/chadappleton

If you’re self-employed and think you can’t buy a house because your tax returns show “low income,” this is for you.

Traditional mortgages use your net income after write-offs.

So if you’re aggressively deducting expenses — which smart business owners do — your income might look tiny on paper. That doesn’t mean you can’t afford a home.

This is where Non-QM loans come in.

Some programs allow you to qualify using:
• 12–24 months of bank statements
• Business deposits instead of tax returns
• Or even a CPA-prepared profit and loss statement

Meaning your cash flow matters — not just your write-offs. For self-employed borrowers, they can be the difference between “denied” and “approved.”

Follow for real mortgage strategies that work for entrepreneurs.

https://myoc.io/chadappleton

-employed

If you're considering purchasing a home, but interest rates are giving you pause, consider these reasons why now might be the perfect time!

1️⃣ Potential Property Appreciation: Real estate markets can appreciate over time. By buying now, you can start building equity as property values rise, rather than waiting and potentially paying more later.

2️⃣ Less Saturated Market: Some people are waiting on the sidelines until rates drop. When rates go down, we will see an influx of potential buyers flood the market, causing home prices to quickly rise even further. Your rate may be less, but your purchase price will be more, which could lead to a higher monthly payment than you would have if you purchased today.

3️⃣ Avoiding Rent Increases: Rental prices are on the rise. Lock in your housing costs now with a mortgage, providing financial stability and potentially saving money in the long run.

Don’t wait for interest rates to drop – invest in your future today.

https://myoc.io/chadappleton

Smart homebuyers don’t rely on timing the market, they focus on controlling what actually saves them money.

Here are 4 strategies smart homebuyers focus on that most buyers don’t learn until it’s too late:

1) Improve your credit score before you apply.

2) Manage your debt-to-income ratio.

3) Have a smart cash strategy.

4) Get fully underwritten before house hunting. Our Get Committed Program gets this done for you!

You can’t control the Fed, inventory, or global headlines, but you can prepare in ways that have a measurable impact on your wallet and future finances.

So if you’re planning to buy this year and want help building a real strategy, comment below and follow for more practical homebuying advice that actually protects your money.

https://myoc.io/chadappleton