by Dwain Hebda In the regulatory-heavy, Internet-laden, acquisition-happy world of mortgage lending, longevity is in short supply, particularly when it comes to small- to mid-sized institutions. A decade in business is an increasingly difficult threshold to reach and two decades …
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Bank of Little Rock Mortgage
Credit scores are a lot like cholesterol levels. We know there’s an ideal number we should strive for, but we don’t always make monitoring it a priority. For your credit score, the magic number is somewhere around 740. With a …
The National Association of Realtors reports that in 2015, roughly 14 percent of all home buyers used a financial gift from a relative or friend for the down payment on their home. Of those who did this, a majority were …
With today’s lower home prices, a steady inventory of homes to purchase and moderate interest rates, it may be a great time to look into buying a rental property to have sustainable equity and income in the future. Whether you …
Condominiums are a great option for people who want to own their home, but don’t want the hassle of maintenance. Condos are also often purchased as a second home, perhaps in a growing downtown area or in a city that …
UPDATE: As many suspected, the Federal Reserve raised rates on Dec. 16. Below is the original article by Bank of Little Rock Mortgage President and CEO Scott McElmurry. As the article predicted, the market response was positive and even favorable …
As we age and our lives change, our house may feel too large, it may be too far from loved ones or we may simply want a change of scenery in our retirement years. Those are some of the main …
Many prospective home buyers have watched mortgage interest rates plummet over the last few years but have been hesitant to take action. Common questions include: “Have rates hit bottom yet?” “Can I afford to wait?” “Can I afford to buy?” …
Congratulations. You’re living the dream of being your own boss. Perhaps you’re a freelance photographer, an in-demand consultant, or you finally started that catering business. Whatever your business venture, if you are pursuing that other American dream of home ownership, …
July/August 2015 Issue We asked five banking executives the question: What changes to federal or state regulation would benefit you and your depositors most, and why? Most of the answers revolve around the Dodd-Frank Wall Street Reform and Consumer Protection …