Bryan Keane - Lakeside Bank

Mortgage Down Payments: According to Fannie Mae “Approximately 90% of consumers overstate or don’t know the minimum required down payment for a typical mortgage.” 👈 Very surprising.

Did you know as a first time homebuyer, you can put down as little as 3% on a CONVENTIONAL mortgage loan? Did you also know active or retired military may be able to put down 0%? Repeat homebuyers can put down as little as 5%, and this applies to owner-occupied 2-4 unit properties too!!

There are A LOT of mortgage programs out there, and at Lakeside Bank you have lots (I mean lots and lots) of options. And you'll love our superior customer service. Now that we’ve clarified the mortgage down payment misconception, let’s connect and get your homebuying process started!! Contact me at your convenience, even if it’s just to ask some questions. I’m ready when you are. 😊👍

I'm not just a mortgage loan officer..... I'm a mortgage loan professor 🧑🏻‍🏫

Kudos to Lakeside Bank for their progressive financial literacy initiative. 👍

THIS is community banking. 💙

Send a message to learn more

Shopping for a new home right now? 🏠 Well, you already know what a mortgage pre-approval is and why it's so important to have, especially in today's market. 👍 For those of you looking to take the plunge, don't overlook 👀 a pre-approval.

Why all the fuss about a pre-approval? "I know I'm qualified!"

YOU may think so, and maybe even KNOW so. That's great, but the listing agent doesn't care. Around Chicagoland and most major metros, you won't even get the time of day from a listing agent without a lender pre-approval letter.

WHY is this piece of paper so important?

✅ A Pre-Approval Helps You Understand Your Numbers
👉As part of the pre-approval process, a lender will walk through your finances and tell you what you can borrow based on your income, debts, credit score, and more. That number is power.

✅ A Pre-Approval Helps You Move Quickly When You’re Ready
👉While you can’t control when the right home shows up – you can be ready for it. Pre-approval isn’t about jumping the gun or rushing your timeline. It’s about making sure you’re ready when it’s go-time. 👍👍

Here's what Experian has to say:
“Waiting too long to get a preapproval, however, could leave you at a disadvantage . . . you could find the perfect home, but another buyer could sn**ch it up while you’re waiting for the lender to review your preapproval application. . . getting a preapproval just before you begin actively looking at homes may be your best option.”

At Lakeside Bank we do fast and free mortgage pre-approvals. Even if you're "thinking" about buying, come and get your letter. You won't regret it. Please reach out at your convenience with questions or for more information.

Bryan Keane
NMLS: 1828705
312-399-6228

Pre-Approval Isn’t Commitment – It’s Clarity If buying a home is on your radar – even if it’s more of a someday plan than a right now plan – getting pre-approved early is still one of the smartest moves you can make.

The BOND market is playing hardball. ⚾ In a shocking reversal, yields have jumped 0.63% in just a few trading sessions! Forget last week's dip 📉 in interest rates. You blinked, 👀 and it's gone.

I can't recall seeing this sort of whip-saw action in yields, ever. Last week 10yr yields shed 50bps, this week so far we've added 63bps. Mortgage rates are updating several times throughout the day, making it quite difficult to quote the "correct" rate. It's like trying to hit a moving target, if that makes sense.

Meanwhile, housing developers and suppliers are scrambling to update materials pricing forecasts amid ever-changing tariff news. According to Todd Tomalak, principal of building products advisory at Zonda, home builders should anticipate a 9% increase in overall material costs.

Tomalak said that manufacturers who supply housing materials are in a difficult position where it’s hard to gauge how much they should raise prices to offset tariff costs, as they risk losing market share if the price hikes are too steep. “In this environment, it’s not clear that you can actually raise prices to match the cost,” Tomalak said.

Just crossing the wires as I type: 👇 👇 👇
Trump says ‘BE COOL! ... THIS IS A GREAT TIME TO BUY!!!’

Hang in there folks.

So much interest, they are adding a second open house day! Swing by this weekend 3/29-3/30.

🏡 Open House 🏡

📍 3320 S Lowe Ave
📅 Saturday & Sunday | 12-2 PM


📢 Don’t miss out! Come see this Bridgeport gem in person.

For more details, contact us today! 📞🏡
www.sageadvice.pro
[email protected]

Coldwell Listing: https://lnkd.in/gMUa8Xqf