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Two-Time Close vs. One-Time Close Construction Loans in Upstate SC

Two-Time Close vs. One-Time Close Construction Loans in Upstate SC

Thinking about building in Greenville or the Upstate? Your construction loan choice comes down to one-time close versus two-time close: one closing or two, a locked rate or a rate set when your home is finished, less flexibility or more room for changes. This guide breaks down how each works, why we often favor two-time close, and which one fits your build.
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Life Changing Events That Move the Housing Market

Life Changing Events That Move the Housing Market

Through life-altering events such as birth, death, and retirement, there is one common thread - the need to move.
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VA Loans: Helping Veterans Achieve Homeownership

VA Loans: Helping Veterans Achieve Homeownership

If you or someone you care about has served in the military, it's essential to learn about VA loans and its advantages.
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Homeowner Net Worth Nearly 40x Greater Than Renters

Homeowner Net Worth Nearly 40x Greater Than Renters

According to the latest Survey of Consumer Finances (SCF), homeowners boast a net worth that is nearly 40 times larger than that of renters.
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Mr. Cooper Responds to Cybersecurity Breach, Takes Protective Measures

Mr. Cooper Responds to Cybersecurity Breach, Takes Protective Measures

Mr. Cooper has acknowledged a cybersecurity breach that occurred on October 31. According to their website, they are actively working on resolving the issue.
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No, A 'Housing Recession' Does Not Mean Falling Home Prices

No, A 'Housing Recession' Does Not Mean Falling Home Prices

Headlines today sound like the housing market is heading into a massive recession, but mortgage rates are forecasted to go down and home prices are forecasted to go up. What gives?
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Why Price Drops and More Inventory Are Completely Normal This Time of Year

Why Price Drops and More Inventory Are Completely Normal This Time of Year

Despite what you may be hearing in the news, home prices aren’t falling. It’s just that price growth is beginning to normalize.
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Rates Are High and Demand Is Low...So Why Aren't Home Prices Falling?

Rates Are High and Demand Is Low...So Why Aren't Home Prices Falling?

Home prices are still near all-time highs, so why aren't the home prices falling? Check out this post to find out more.
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Payment Relief Loans: Temporary Buydowns

Payment Relief Loans: Temporary Buydowns

Buyers are desperately looking for payment relief options right now in today’s high-rate environment. The Best Payment Relief Option? Temporary Buydowns!
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What's the Best Way to Buy a Home for Your Child?

What's the Best Way to Buy a Home for Your Child?

A little bit of parental help can be the push buyers need to win over an offer. Read this post to find out a few ways parents can help their child purchase a home.
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What's Included in Closing Costs

What's Included in Closing Costs

Closing costs are the fees you pay when you obtain a mortgage loan. Read this blog post to see what's typically included in closing costs.
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10 Myths About Mortgages

10 Myths About Mortgages

There’s a lot of talk out there about mortgages in general, so we wanted to take a chance to follow up on the ten most common myths we hear about mortgages.
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13 Factors That Impact Your Mortgage Rate

13 Factors That Impact Your Mortgage Rate

What's the mortgage rate right now? Well, that depends. Your mortgage rate has many different factors that go into it, making it completely customized to you.
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The CL Team at Luminate Bank®
This is a Loan Production Office of Luminate Bank®

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Greenville, SC 29615

Phone: (864) 569-0741
Email: origination@clteam.us
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Caleb LeGrand NMLS 259691

Luminate Bank NMLS 1281698 Bank Headquarters 2523 S. Wayzata Blvd., Suite 100 Minneapolis, MN 55405 (952) 939-7200. This is not an offer to enter into an agreement. Information provided is outlining the minimum down payment requirements as allowed by specific loan program and product guidelines and any information, rates and programs are subject to change without prior notice and may not be available in all states. All loans are subject to credit and property approval. Luminate Bank is not affiliated with any government agency. All rights reserved. Member FDIC. Equal Housing Opportunity Lender.

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