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LAS VEGAS DOWN AND DIRTY – WITH JOHN DRENNEN

Weekly Las Vegas Updates for Real Estate, Mortgages and Sports.
Get your dose of the Down and Dirty with John Drennen, Your Las Vegas Loan Officer.

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LET’S FIGURE OUT WHAT YOUR MORTGAGE MIGHT LOOK LIKE

Mortgage Calulator

Let’s figure out what your mortgage might look like!

REVERSE MORTGAGE

A reverse mortgage is a loan for homeowners aged 62 and older. Reverse mortgages let senior homeowners turn part of their home equity into cash, which in turn gives them additional retirement income. The appeal of a reverse mortgage Las Vegas is that it requires no monthly payments, and the income generated from equity is generally not taxed. Reverse mortgages are often used to pay for life expenses like home renovations and medical care. They can also be used to pay off existing mortgages.

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QUESTIONS ABOUT THE PROCESS?

The home buying process can get confusing and overwhelming! The Drennen Team is here to help guide you through the process. Check out our most FAQ’s to get more information.

HOME LOAN FAQ’s

LAS VEGAS HOME LOAN SPECIALISTS

The Drennen Team is dedicated to finding you great rates and loan options, while offering some of the fastest loan turn around times in Vegas. Our goal is to act as a trusted advisor, providing highly personalized service and helping you through every step of the loan process – from application to closing and beyond. It’s all designed to exceed expectations, provide satisfaction and earn trust.

Reverse Mortgage Loans

A reverse mortgage is a loan for homeowners aged 62 and older. Reverse mortgages let senior homeowners turn part of their home equity into cash, which in turn gives them additional retirement income.

VA Home Loan

The Department of Veterans Affairs guarantees home loans for veterans through private lenders. If you are an active-duty military, have ever served in any branch, or a veteran’s surviving spouse, you could qualify for a VA loan.

Fixed Rate Mortgage

A fixed-rate mortgage will lock in a specific interest rate. This percentage will apply throughout the entire term of your home loan. With a fixed-rate, Las Vegas homeowners will always have the same monthly payment.

FHA Loan

A Federal Housing Administration (FHA) loan is a government-backed loan that makes home ownership a possibility for lower-income Americans.

Conventional

A conventional loan is a type of loan that is not administered by a government agency and is a popular with homeowners, as it has more flexible terms.

Ajustable Rate Mortgage

An adjustable-rate mortgage, which is also called a variable-rate or a tracker mortgage, is a mortgage loan with a fluctuating interest rate.

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THE DRENNEN BLOG

Check out all the latest market updates, news, articles and more!

Your Complete Guide to Understanding FHA Loans

Your Complete Guide to Understanding FHA Loans

senditrising2020-08-28T15:33:45+00:00September 16th, 2020|

Prospective home buyers have many possible options when it comes to loans. It's essential to understand what loans are available to ensure you get the [...]