Ricky Vazquez

NMLS #229315

708-557-8401

Ricky@eliteratellc.com

Ricky Vazquez Home Loan Expert

Blog

What is a Mortgage Contingency?

What is a Mortgage Contingency?

When you find the right home to buy, you make an offer, put down a deposit once your offer is accepted and you sign a sales contract. Then you move on to inspections and financing. Pretty straightforward. But what if something goes wrong during the closin

Nov 10, 2021 | Purchasing a Home

How to Prepare Your Home for an Appraisal

How to Prepare Your Home for an Appraisal

After you’ve accepted an offer to sell your home, your property will be appraised to see if it's worth what the buyer is offering. This appraisal is crucial to making sure the sale goes through smoothly. If it comes in too low, the buyers might back out o

Nov 03, 2021 | Purchasing a Home

Happy Halloween

Happy Halloween

All of us at Elite Rate LLC would like to wish you and your family a safe and Happy Halloween.Thank you for being such a valued part of our business.

Oct 27, 2021 |

Americans Home Equity is at a Record High

Americans Home Equity is at a Record High

With the housing market on fire, home prices have steadily risen for the past several years. The result has been an enormous amount of home equity for American homeowners. In fact, according to mortgage data firm Black Knight in the second quarter of 2021

Oct 20, 2021 | Refinancing a Home

How to Get Past First-Time Home Buyer Anxiety

How to Get Past First-Time Home Buyer Anxiety

Buying a home is a major financial purchase. In fact, it is often the largest investment many people will make over the course of their lives. So, no pressure, right? The fact that it is a weighty decision with real consequences can cause a lot of anxiety

Oct 13, 2021 | Purchasing a Home

4 Other Ways to Save Without Refinancing

4 Other Ways to Save Without Refinancing

Mortgage interest rates are at historic lows and homeowners can take advantage of great savings by refinancing into those lower rates. But what if you’ve already refinanced and you still need to save money on housing costs? Or what if you don’t want to re

Oct 06, 2021 |