Sovereign Lending Group prides ourselves on offering customer-centric service to our clients and a solid product line up at a very competitive price. Our dedication to service and products is well known and has been consistent over time. When November began, however,...
Sovereign Lending Group’s loan officers are constantly coaching and teaching potential home buyers on financial basics. It is something that we pride ourselves on, and it benefits people whether they use Sovereign Lending Group (SLG) or not to help them buy a home....
Our Sovereign Lending Group loan officers are often asked, “Why are mortgage rates higher for condominiums?” As with so many other things in life, whether it be insurance, or penny stocks, or pork bellies, the basic answer is “risk.” But let’s dive in a little further...
The question often comes up, “What happens to my loan after it closes? “Independent mortgage banks” almost always sell the loan into the secondary markets. Think of Sovereign Lending Group (SLG) as a toy manufacturer: factories produce toys, sell them to stores, and...
We’re more than halfway through 2023 and not only have mortgage rates not gone down but have risen to levels that no one predicted. The supposed experts who have been predicting an economic slowdown or recession are wrong, once again. Sovereign Lending Group’s...
We can’t control interest rates, or the entire U.S. economy. Federal Reserve Chairman Jerome Powell, on the other hand, has much more to say about those, and he and Fed presidents are often in the spotlight during the weeks talking about the economy. But Sovereign...
