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Finding Mortgage Aid & Relief During the COVID-19 Crisis

Finding Mortgage Aid & Relief During the COVID-19 Crisis

by Omega Lending Group | Apr 8, 2020 | Mortgage News, Mortgage Tips

As the coronavirus pandemic continues to unfold, families are being put in difficult situations. Many Americans have lost their jobs or are on temporary leave with no income as a result of the COVID-19 crisis. This has left them wondering how they could pay their...
COVID-19 & Your Mortgage: What You Need to Know

COVID-19 & Your Mortgage: What You Need to Know

by Omega Lending Group | Mar 20, 2020 | Mortgage News, Real Estate

In the midst of the COVID-19 (coronavirus) outbreak, we’re getting a lot of calls and questions from our current and past clients wondering how all of this will impact their mortgage. The mortgage market has seen some really unexpected things take place. For instance,...
Changes to VA Loans in 2020 – No Loan Limits, Changes to Funding Fees

Changes to VA Loans in 2020 – No Loan Limits, Changes to Funding Fees

by Omega Lending Group | Feb 11, 2020 | Mortgage News, VA loan

It is hard to find a better home loan option than the VA loan. With the ability to purchase a home with no money down and no monthly mortgage insurance costs, the VA loan is just one small way that our country can thank our service members and their families for the...
2019 Year in Review: Top 5 Real Estate & Mortgage Insights from 2019

2019 Year in Review: Top 5 Real Estate & Mortgage Insights from 2019

by Omega Lending Group | Jan 2, 2020 | Mortgage News, Real Estate

The real estate and mortgage spaces are changing every day. From mortgage rates to housing prices, it can be difficult for home buyers and homeowners to stay up to speed on all that is happening. In an effort to help the entire industry, we worked hard to offer...
If Your Mortgage Is Between $484,350 – $510,400 You Might Want to Refinance in 2020

If Your Mortgage Is Between $484,350 – $510,400 You Might Want to Refinance in 2020

by Omega Lending Group | Dec 4, 2019 | Mortgage News, Real Estate

The Federal Housing Finance Agency (FHFA) is responsible for setting “conforming loan limits” which is simply a ceiling that the government agency sets when it comes to the size of loans they will purchase or guarantee. In other words, it is the maximum size of a home...
Homes in Oakland County Are Over 33% More Affordable Today vs. 2012

Homes in Oakland County Are Over 33% More Affordable Today vs. 2012

by Omega Lending Group | Dec 2, 2019 | Mortgage News, Real Estate

When it comes to purchasing a home or investing in real estate, market fluctuations have a major impact on how affordable a given property is. Drivers of this affordability include median income, home prices, interest rates, wage growth, jobs and more. When looking at...
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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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