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Shawn McElderry
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Can I Get a Home Loan or Refinance if I’m Self-Employed?
Self-employment - Entrepreneur. It means a lot of things and sometimes self-employed people think they may not be able to get a home loan because they don't collect a W-2 and they think it might be impossible to prove their income. But this is not the case. If you're...
Is RocketMortgage Worth It?
We live in an age of button pushers and talking to our devices. With Google and Alexa we practically don't have to do anything anymore. Just tell her what to do and if she's connected, she can do it. So what about this RocketMortgage? On the surface, it seems like a...
2 Major Myths That May Be Holding Back Buyers
The Urban Institute recently published a report discussing the obstacles to accessing homeownership. 80% of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment of over 5%. My job is to educate...
Keeping Your Mortgage Approval Approved!
The last thing any buyer wants is to have their financing fall through before they closed on a new house. It's tough enough these days to qualify for a mortgage so you don't want to do anything that could damage your mortgage or upset your interest rates between the...
HECM – The Reverse Mortgage With Literally No Drawbacks
I'm serious... there are really no downsides to the HECM reverse mortgage. I know some of you are going to say, sure, I'm a loan officer, I'm naturally going to say that, but honestly, this program has got a bad rap and I'm not exactly sure why! It's a great program...