Hey there, Welcome back to my channel, where I not only explore the world of real estate but also keep you in the loop about exciting events happening in St. Louis. October is just around the corner, I have some exciting events you to share with you. I’m Cindy Clarice, I’m a fulltime RE/MAX realtor. I’m here to help with any of your real estate needs. You can call, text or email me. So, grab your calendars and let's dive right in.
Kick off the Halloween season in style by following the yellow brick road! They are celebrating with a magical evening of "Dinner and a Movie" at Das Bevo. Join them with your friends for a screening of the timeless classic, "The Wizard of Oz." Costumes are encouraged, so don't hold back your inner Dorothy or Scarecrow! The kitchen and bar open at 5, and the movie starts at 7. Reserve your seats now using the Square link provided. It's a night of enchantment you won't want to miss!
Next, Join them as they come together as a community at the Leukemia & Lymphoma Society’s "Light The Night" event. This heartwarming gathering is a celebration of courage and hope, bringing light to the darkness of cancer. Whether you're with friends, family, or colleagues, this event is an opportunity to support the fight against blood cancers. Funds raised contribute to lifesaving research, advocacy, and support for patients and their families.
Calling all art lovers and enthusiasts! Cherokee Street invites you to the "Art Crawl" hosted by local business owners. This event happens every 1st Friday of the month and is a "street-wide" celebration of creativity. Participating stores on Cherokee Street will showcase local artists, set up shop in their stores, or create unique store themes to display their artistic talents. The best part? It's fun and free for all ages! Join them with an evening filled with artistic inspiration.
Calling all pet lovers! Join them for the fourth annual Paw Parade in Frenchtown St. Charles. Dress your furry friend in costume and parade down Second Street in style. The parade kicks off at 10:00 a.m. and is followed by a vendor fair full of resources and fun for both you and your pet. Best of all, all proceeds benefit the City of Saint Charles Animal Shelter. Visit their website to register and be part of this paws-itively delightful event!
These October events promise to add a touch of magic, community spirit, artistic inspiration, and furry fun to your month. Mark your calendars, and if you attend any of these fantastic events, don't forget to share your experiences with us. We'd love to hear from you!
Stay tuned for more exciting updates on St. Louis events and real estate insights and If you have hit that like button and subscribe to the channel that way you don’t miss out on next weeks video.
Please feel free to reach out,
Today, I’m diving into mortgage loans. Understanding the various options available to homebuyers is crucial when it comes to financing your dream home. In this video, we'll explore the key differences between FHA, Conventional, VA, and other types of mortgage loans First up, I’m going to talk about FHA loans. FHA stands for the Federal Housing Administration, a government agency that insures loans provided by approved lenders. FHA loans are popular among first-time homebuyers and those with limited down payment funds or lower credit scores. The advantages with FHA Loans: Low Down Payment: You can qualify for an FHA loan with a down payment as low as 3.5% of the purchase price. 1.Lenient Credit Requirements: FHA loans tend to be more forgiving when it comes to credit scores, making them accessible to a broader range of borrowers. 2.Flexible Debt-to-Income Ratio: FHA loans allow a higher debt-to-income ratio, meaning you may qualify for a larger loan even with existing debts. 3.Mortgage Insurance: FHA loans require both an upfront mortgage insurance premium (MIP) and an annual MIP, which protects the lender in case of default." Now, let's explore conventional loans. Unlike FHA loans, conventional loans are not backed by any government agency and are offered by private lenders. Now go over the advantages of Conventional loan: 1.Flexible Financing Options: Conventional loans come in various terms (15, 20, or 30 years) and offer both fixed-rate and adjustable-rate options. 2.No Mortgage Insurance with 20% Down: If you can afford a 20% down payment, you can avoid paying private mortgage insurance (PMI). 3.Competitive Interest Rates: Depending on your credit scores conventional loans may offer lower interest rates compared to FHA loans. 4.Higher Loan Limits: Conventional loans generally have higher loan limits, allowing you to finance more expensive properties. Next, let's discuss VA loans. VA loans are exclusively available to eligible veterans, active-duty service members, and surviving spouses. VA loans offer the following advantages: 1.No Down Payment: Qualified borrowers can purchase a home without making a down payment, making homeownership more accessible. 2.No Mortgage Insurance: VA loans do not require private mortgage insurance, potentially saving borrowers hundreds of dollars each month. 3.Competitive Interest Rates: VA loans often come with competitive interest rates, providing additional cost savings. 4.Flexible Requirements: VA loans have more lenient credit and income requirements, making them easier to qualify for." Apart from FHA, conventional, and VA loans, there are various other mortgage loan options worth exploring, such as USDA loans, jumbo loans, and adjustable-rate mortgages (ARMs). These options cater to specific needs and circumstances, so it's essential to consult with a mortgage professional to determine the best fit for you. "And there you have it! Understanding the differences between FHA, Conventional, VA, and other mortgage loan options is key to making informed decisions when financing your home. If you're feeling overwhelmed or have any questions, remember that I'm here to help. Always please feel free to reach out And Stay Safe