Latest Articles

Why does good credit matter?

A mortgage is a significant financial decision for anyone, and lenders use a variety of criteria to evaluate the creditworthiness of borrowers. One of the key factors they consider is the borrower’s credit score. A credit score is a number that represents creditworthiness based on credit history. The higher the credit score, the better the […]

The Reason Lenders Need to Pull Credit

The steps toward purchasing a home are an exciting endeavor, but sometimes it can get overwhelming. Typical home purchases are financed with assistance from lending entities. These lenders offer varying interest rates and timelines for loan repayment, and they determine these criteria based on a variety of factors including an individual’s credit score, income, and […]

Avoid Home-Buying Delays

In today’s hot seller market, it may be challenging to find and buy a home as quickly as you would like. As of February 2022, the average mortgage loan took 60 days to complete from start to finish. (The good news is Southpoint Financial isn’t average. We just closed a VA loan in 11 days. […]