Las Vegas Archives

If you are a resident of Las Vegas interested in purchasing a home, check out our latest posts on what you need to know to get started!

Is it Better to Pay Off Your Mortgage or Invest?

12 Apr

Is it Better to Pay Off Your Mortgage or Invest?

Derek Parent2017-11-30T19:38:10+00:00April 12th, 2016|Las Vegas, Mortgage News, Real Estate News, Refinancing|

When it comes down to it, this is not a simple or straightforward question. There are so many variables that you really need to whip out a calculator, talk to your CPA, visit a financial planner and/or retirement specialist, and so on and so forth. It also depends on your mortgage rate, your tax bracket, how [...]

What Credit Score Do You Need to Qualify for a Mortgage?

5 Apr

What Credit Score Do You Need to Qualify for a Mortgage?

Derek Parent2017-11-30T20:20:20+00:00April 5th, 2016|Homebuying Tips, Las Vegas, Mortgage News|

If you’re thinking about purchasing a new home or refinancing your existing mortgage, you should know that your credit score is hugely important. Banks and mortgage lenders use your credit score(s) to evaluate your creditworthiness, which translates to a higher or lower mortgage interest rate, and even determines eligibility. Which Credit Score Do Mortgage Lenders Use? [...]

29 Mar

Why the Parent Team Made the Move to USA Mortgage

Derek Parent2017-11-30T20:36:27+00:00March 29th, 2016|Las Vegas, Mortgage News|

As a seasoned mortgage professional, it is extremely important to me that I leave a lasting impression on my community. My mindset is that every day is an opportunity to grow—not only in my career, but also in my own development. It has always been my honor to be a stepping stone in others’ lives [...]

Buying a Home When Your Partner Has Bad Credit

10 Mar

Buying a Home When Your Partner Has Bad Credit

Derek Parent2017-11-29T23:12:19+00:00March 10th, 2016|Homebuying Tips, Las Vegas, Real Estate News|

You pay all your bills on time and you work hard to earn more — so you can save more. Your credit score reflects your savvy money management skills, and you can proudly boast that you’re a member of the 730-and-up club. Your partner? Not so much. Whether due to past actions or financial mistakes [...]

4 Misconceptions about Real Estate & Capital Gains Tax

2 Mar

4 Misconceptions about Real Estate & Capital Gains Tax

Derek Parent2017-11-29T21:56:35+00:00March 2nd, 2016|Homebuying Tips, Las Vegas, Mortgage News|

Walking away with a profit on your home sale is an exciting proposition. But there’s one thing that can suck the excitement right out of such a positive financial move:the threat of taxes on your investment gain — otherwise known as the dreaded capital gains tax. Luckily, the Taxpayer Relief Act of 1997 helps many [...]

The Truth About Bi-Weekly Mortgage Payment Plans

23 Feb

The Truth About Bi-Weekly Mortgage Payment Plans

Derek Parent2017-11-30T20:02:37+00:00February 23rd, 2016|Homebuying Tips, Las Vegas, Tips for Realtors|

Traditionally, your mortgage payment is a monthly cost. You submit your payment once a month to the mortgage company, and your money is applied to principal, interest, and escrow. But many mortgage lenders also offer biweekly mortgage payment plans that allow you to pay in installments every two weeks instead of every month. Biweekly payment [...]

10 Questions to Ask Your Mortgage Lender

13 Feb

10 Questions to Ask Your Mortgage Lender

Derek Parent2017-11-29T00:05:50+00:00February 13th, 2016|Homebuying Tips, Las Vegas, Mortgage News|

One of THE MOST important stages in the home-buying process is finding a reputable lender or mortgage broker to handle your transaction. A good lender will respect that you work hard for your money — and you want to spend it wisely. After running a credit check, your lender will present you with options for [...]

Will a New Bill in Congress Help You Qualify for a Mortgage?

28 Jan

Will a New Bill in Congress Help You Qualify for a Mortgage?

Derek Parent2017-11-29T00:18:05+00:00January 28th, 2016|Homebuying Tips, Las Vegas, Mortgage News, Real Estate News|

A new bill in Congress could significantly impact your ability to secure a mortgage by changing the way lenders look at credit scores. Known as the Credit Score Competition Act, the bill is in its first stage of the legislative process. Although it’s a long way from becoming a law, future homebuyers have good reason [...]

Should You Combine Finances with Your Partner?

17 Jan

Should You Combine Finances with Your Partner?

Derek Parent2017-11-30T19:58:50+00:00January 17th, 2016|Homebuying Tips, Las Vegas, Refinancing|

Depending on who you ask, combining finances with your significant other is either a positive step towards establishing a life together OR the worst idea ever. If you're considering it, here are some pros and cons to weigh. Pros Teamwork If you’re on the same page and your financial priorities are fully aligned, you're likely looking [...]

4 Financial Benefits to Buying a Home

8 Jan

4 Financial Benefits to Buying a Home

Derek Parent2017-11-29T21:13:16+00:00January 8th, 2016|Homebuying Tips, Las Vegas|

Mortgage rates are still at historic lows, and there's no denying that now is a great time to purchase a home. Here are four reasons why it makes a lot of financial sense. 1) Homeownership Builds Wealth Over Time Most of us were taught growing up that owning a home is financially savvy. Although that confidence [...]

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