Mortgages by Nancy Williams


How to find the good in a Home Inspection

Get Value from Your Home Inspection When looking for a new home, falling in love with a place is only step one. Responsible buyers know that there could be serious problems lurking under the surface. That’s why it’s so important to get a home inspection prior to signing on that dotted line. Hiring a home … Read more

5 Star Award for Mortgage Excellence

The Five Star award recognizes service professionals who provide quality services to their clients. We are proud to announce American Portfolio Mortgage partner, Nancy Williams, has won the coveted 5 Star Award as Mortgage Professional in the Greater St. Louis & Metro East Region. The 5 Star Award is the largest industry award program in … Read more

Understanding Federal and State Home Loan Programs

For many people, federal and state home loan assistance programs provide major benefits. These government loan programs allow first-time home buyers, veterans, military personnel, low-income buyers and people with credit history problems to realize their dream of owning a home faster and easier. American Portfolio Mortgage offers four types of government loan programs: FHA loans, VA … Read more

Do you qualify for a VA Home Loan?

How to Qualify for a VA Home Loan Program Gershman Mortgage | VA Home Loan Program A VA home loan is one of the most attractive home financing options available. For veterans, military personnel, and their families, a VA loan offers substantial benefits that are generally not available with more conventional loans. If you are … Read more

Why do Mortgage Rates Fluctuate?

Understanding Mortgage Rate Fluctuations Mortgage Rates | Gershman Mortgage If you are considering an Adjustable Rate Mortgage (ARM) then understanding how mortgage rates fluctuate is likely to be one of your main concerns. Even if you are in the market for a fixed-rate mortgage, you may want to know how those fixed rates are set in the … Read more

Ofallon IL Mortgage Consultant

I am a full service Mortgage Lender located in O’Fallon, IL. Powered by Gershman Mortgage, we have established ourself as a leader in the St. Louis Metro East mortgage industry. Combining the integrity and stability of the area’s premier loan service with the wide variety of products and programs of an innovative Mortgage Broker, I have the experience … Read more

Conventional 97% LTV Program: Buy a Home with 3% Down.

Original written by: Home buying just got a lot easier. Fannie Mae and Freddie Mac, the country’s two main mortgage rule setting agencies, now allow home purchases with just a 3% down payment. The new 97% loan-to-value (LTV) purchase program allows homebuyers to purchase a single family home, condo, co-op, or PUD without coming up … Read more

Millennials can finally afford homes with new mortgage rules

Original article from: First-time home buyers, many of them millennials, will receive some long-awaited mortgage assistance this year thanks to recent moves in Washington. The administration earlier this month cut the premium that borrowers with a Federal Housing Administration loan must pay for mortgage insurance to 0.85% from 1.35%. The half a percentage point reduction … Read more

Going From Renting to Buying

Original written by: So you’ve decided it’s time to leave the world of renting and buy a home. If you’ve always rented, you’re in for quite a few changes as you look to buy. Here are five things to look out for as you start the process of buying a home. Get Your Credit … Read more

The Loan Process

1. Pre-qualification Pre-qualification is the term used to explain the short mathematical equation that determines how much of a loan you can afford. This may be performed by contacting me at (618) 410-4629. or applying on-line here. Pre-qualifying for a loan usually takes less than 10 minutes. 2. Apply For Your Loan Applying for a home loan … Read more