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The Best Mortgage Lenders Do More Than Give Loans: They Manage Debt

The Best Mortgage Lenders Do More Than Give Loans: They Manage Debt

by Omega Lending Group | Aug 30, 2019 | Mortgage News

The average American has $38,000 in debt—not including mortgages. This is $1,000 higher than it was last year, according to a study done by Northwestern Mutual. It’s easy for even the most responsible borrower to end up needing a little help with their debt, and the...
A Third of Home Buyers Believe a 20% Mortgage Down Payment is Required – but it’s not!

A Third of Home Buyers Believe a 20% Mortgage Down Payment is Required – but it’s not!

by Omega Lending Group | May 9, 2019 | Mortgage News, Real Estate

In an attempt to better understand the thinking of home buyers, particularly as it relates to where and how they view mortgage down payments, Freddie Mac has released some interesting data. As the headline shows, many potential home buyers don’t fully understand...
Zillow is becoming one-stop real estate shopping – should real estate pros worry?

Zillow is becoming one-stop real estate shopping – should real estate pros worry?

by Omega Lending Group | Apr 24, 2019 | Mortgage News, Real Estate

While Zillow got its start as simply a place to list and view homes for sale and find local real estate professionals to work with, the company has dramatically shifted its strategy the last few years. Zillow’s former business model was built almost completely on ads,...
When good credit, 20% down isn’t enough to secure a mortgage

When good credit, 20% down isn’t enough to secure a mortgage

by Omega Lending Group | Apr 9, 2019 | Mortgage News

When buying a house, most assume that securing a mortgage should be an easy process. Whether because they have good credit or they have a solid down payment for the house, many think it really doesn’t matter who they work with to get the loan because it...
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Omega Lending Group is a local mortgage lender based in Royal Oak, MI serving Michigan home buyers and home owners. At Omega we believe that obtaining a mortgage or refinancing a home loan should be a smooth and easy process driven by real people, not algorithms or chat bots.

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