Magnolia Mortgage Group

🏡✨ UNDER CONTRACT! ✨🏡

Another Offer Accepted, we’re one step closer to the closing table! 🎉

This is where the real work begins. Next, moving through processing, underwriting, title work, appraisal, and all the behind-the-scenes details that help bring homeownership across the finish line!🚀

Magnolia Mortgage Group Crystal Herring- Mortgage Broker
Start Here -https://magnoliahomemortgage.com/crystalherring
NMLS # 1859749 FL # MLD836

🏡✨ UNDER CONTRACT! ✨🏡

This one is extra special! ❤️

This was an off-market property that is now PENDING

When we first started about a year ago, the buyer’s credit score was a hurdle. Instead of giving up, we focused on education, strategy, and a personalized credit game plan. 📈 The result? A credit score increase of OVER 200 points! 🎉

That improvement opened the door to:
✅ Conventional financing
✅ FHA financing
✅ First-Time Homebuyer programs

Ultimately, this wonderful family is utilizing a First-Time Homebuyer Program with $10,000 in down payment assistance and a no interest rate / no 2nd lien monthly payment. That impact giving them an incredible opportunity to become homeowners. 🏠💙

The negotiations didn’t stop there. After the seller initially declined concessions, the buyers Agent Lindsey W. Griffin went back to work. Because the home went under contract with all parties, understanding of the equity value, she creatively structured an offer that allowed:
✔️ The seller to receive the net proceeds they wanted.
✔️ The buyer to secure valuable seller concessions they needed.

🎉 Next stop… Processing, Underwriting, Title, and Appraisal! 🚂🏡 Full steam ahead to the closing table! Let’s do this! 🔑

✨ When the right people come together with one goal, everything falls into place. Here’s to another family one step closer to HOME! 🏡❤️

You can be next?!
🌱 Web Site ⬇️
https://magnoliahomemortgage.com/crystalherring
📲 727-645-8603

🚨 You don’t have a credit score? Don’t count yourself out! 🚨

Many families believe buying a home isn’t possible because they don’t have traditional credit… but a new program is opening doors! 🔑✨

Your financial story matters 💪
Your history of paying bills, managing money, and maintaining stability may help you qualify

🏡 No minimum credit score requirement
💰 As low as 3.5% down
📋 Alternative credit may be accepted

The dream of homeownership doesn’t always start with a credit card… sometimes it starts with a conversation with the right Mortgage Broker ❤️

📩 Reach out today and let’s explore your options!
Web- https://magnoliahomemortgage.com/crystalherring

A day in the life of a Mortgage Broker 👀

Listing Agent called me stated “What do you think you’re some sort of Mortgage God” ?

My Response “ Not entirely, but the preapproval that did get the original offer accepted was my preapproval, unfortunately, someone had bait and switched the buyer and right before she went to go Lock your interest rate with them, they told her she needed to change into a bank statement loan which increased her interest rate… buyer came back to me and we successfully closed! 🙌

Check out the Listing Agent response on pic below ⬇️ 🥱😎

Its Closing Day 🎊🎉 Saving Closings‼️

🌱 WE ASSIST WITH CONDOS 🌱

Buyer was referred, got her Pre-Approved

Buyer decided another lender (newrez) had more favorable options for her. Fast forward 35 days later of the 45 days per contract, buyer called me back to help out with the closing of this contract.

Buyer- Crystal I need your help, I’m sorry at one point I wasn’t returning your emails but you did a really awesome job for me, I was told favorable options elsewhere but now i’m two days before loan commitment. This other lender is wanting to offer me an 8 to even 9% interest rate and she’s having to resubmit the file to another lender and saying we have a NON-Warrantable Condo. I’m afraid I’m gonna lose my deposit or I may cancel.

Me- please notify your lender in writing about the transfer ASAP

Buyer- I explained to other lender about the transfer but I feel i am being bent like a pretzel. THIS IS UNEXCEPTIONABLE❗️

Me- 6/23 Sunday
I worked and got file submitted with all documents for the underwriter same day

6/26
Processor reviewed the file and submitted into underwriting

6/27
Underwriter finished review and approved file- 4 days after submission ‼️

7/5
CTC

Only 4 business days for my loan commitment, other lender had contract for 35 days! Not acceptable

What buyer got with me:
✅ the loan she wanted
✅ 15 year term she wanted
✅ 6.25% rate (apr 7.084%)
✅ saved buyer $28,584
✅ Warrantable Approved Condo
✅ lower cash to close in the end

From restart of this file to the day of closing, it took my team and I 10 business days to have our file CTC

✅When purchasing a condo, these can be very tedious, closings and working with the right lender can make all the difference. Work with someone who has the experience and knowledge of condos and the team behind them to get the job done

Working with our Veterans is one of my favorite, to top it off, this veteran was told that she did not qualify for a VA loan. Boy was I in for a challenge, we quickly did some calculations on her entitlement and she was 100% eligible for the VA loan.

Switching lenders, especially two days prior to loan commitment isn’t something that anybody wants to go through but if it means the buyer will cancel and working with the lender who knows how to close condo contracts it’s worth the effort. The listing agent wasn’t so very nice in the beginning, but she quickly became confident with my daily updates and was extremely happy in the end. 

📱 (727) 645-8603

🏡 ANOTHER SUCCESSFUL CLOSING!

Every borrower’s story is different, and sometimes all it takes is having the right team willing to dig deeper.

This borrower had previously been turned down by two different mortgage companies:

❌One lender denied the loan based on financial concerns.
❌Another failed to properly document and calculate additional qualifying income.

Instead of giving up, we worked closely with underwriting, provided the necessary documentation with UWM and successfully demonstrated the borrower’s ability to qualify.

Thank you Time to Close Title for taking care of our borrowers 🎉

The results? 🎉

🌿Appraisal came in at $480,000
🌿Purchased just 3 years ago for $416,000
🌿Gained $64,000 in additional equity
🌿Eliminated a HELOC
🌿Paid off a vehicle loan
🌿Consolidated multiple revolving credit card balances
🌿Saving thousands each month in debt obligations
🌿Cash-Out Refinance Closed Successfully

An added bonus:

✅ Interest Rate: 5.99% APR: 6.735%

Helping borrowers achieve financial freedom and create a stronger financial future is what we love to do! 🌱🏠

📞 Crystal Herring | NMLS #1859749
🌿 Magnolia Mortgage Group
📱 727-645-8603
🪩 https://magnoliahomemortgage.com/crystalherring

Rates, terms, and loan programs are subject to borrower qualification and may change without notice.

🏡🌿 REFINANCE SUCCESS STORY! 🌿

Congratulations to our homeowners on their successful refinance! 🎉

Less than a year ago, I helped them purchase their beautiful 3-bedroom, 2-bath manufactured home situated on a spacious ½-acre lot. After investing in new windows, their home’s value increased by an impressive 💰 $30,000, creating additional equity and opportunity!

✅ Home Value Increased by $30,000
✅ Built More Equity in Less Than a Year
✅ Conventional Refinance
✅ Locked at 5.99% Interest Rate*
✅ APR 6.298%
✅ 0.50 Discount Points
✅ Savings over $27,000

Their previous lender was quoting nearly 8%, making it difficult to achieve their goals. Through Magnolia Mortgage Group and United Wholesale Mortgage, we were able to help secure the rate they were hoping for and put them in a stronger financial position. 🌱🏠

Thank you Time to Close Title for making closing easy and efficient.

Thinking about refinancing? Your home’s value may have increased more than you realize!

📞 Crystal Herring | NMLS #1859749
🌿 Magnolia Mortgage Group
📱 727-645-8603
🪩 https://magnoliahomemortgage.com/crystalherring

*Rates, terms, and qualifications subject to approval and may change without notice.

🏡🌸 Magnolia Home Mortgage Group is here to help make homeownership possible!

Whether you’re looking for
✅ Conventional Fixed-Rate Financing
✅ FHA
✅ VA
✅ USDA financing, we have options available to fit your needs.

🇺🇸 Let’s explore the best mortgage program for your homebuying journey!

📞 727-645-8603
🌐 https://magnoliahomemortgage.com/crystalherring
📧 [email protected]

🌸 Magnolia Mortgage Group
NMLS #1859749
Equal Housing Opportunity & Equal Housing Lender

✨ Local. Experienced. Dedicated to helping you plant roots in home finance🌸