We’re Rebranding: As “Prospect Home Finance”

This week, we are excited to announce our official name change from Prospect Financial Group to: “Prospect Home Finance”! We’ve referred to ourselves with the “Home Finance” title before, but now it’s official. The reason? In today’s wild economic climate – with some form of recession on the way – we want to make it […]

How Prospect Will Continue Doing Business

First of all, I’d like to say that I hope you all are staying safe out there amid the spreading threat of COVID-19. Business aside, this is a serious issue that folks should be respecting: stay inside when possible, wash your hands constantly, and don’t touch your face (I’m sure you already know all that). […]

11.1 Million Americans Could Benefit From Refinancing

As the title suggests, new data has come out following recent ALL-TIME low mortgage rates. This data comes to us from Mortgage News Daily. They write, “There are now 11.1 million refinance candidates. These are homeowners who currently have a qualifying 720 FICO score, a loan-to-value (LTV) ratio of 80 percent on their existing mortgage, […]

Coronavirus and Mortgage Rates

While this article may not age well (rates are constantly shifting), I wanted to keep you all updated on the current rate market following Coronavirus headlines. Best-execution rates – essentially the best rates you can secure with great credit – are around these levels: 3.25% APR (0 pts) – 30 Year Fixed *You can also […]

Find The Right Loan Officer

I wanted to take a break from discussing mortgage rates today to briefly emphasize the value of working with the right loan officer to close your loan. This can be harder than you might think – there are so many loan officers vying for your business that it might be overwhelming at first. Of course […]