Cole Phillips

NMLS # 2304798

864-915-9603

colephillips@dhlmortgage.com

Cole Phillips Mortgage Loan Originator

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5 Questions to Ask Yourself Before Buying a Vacation Home

5 Questions to Ask Yourself Before Buying a Vacation Home

Buying a vacation home can be an excellent investment, whether you are planning to use it exclusively as your own private escape or if you plan to rent it out for some extra income, or some combination of the two. However, purchasing a second home is a we

Nov 08, 2022 | Purchasing a Home

Is a 15-Year Fixed-Rate Mortgage Right for Me?

Is a 15-Year Fixed-Rate Mortgage Right for Me?

The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and borrower

Nov 01, 2022 | Purchasing a Home

Taking the Fear out of Saving for a Home

Taking the Fear out of Saving for a Home

If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter.  And to do that, turn to tr

Oct 31, 2022 |

New Down Payment Assistance Program! Here's What You Need to Know

New Down Payment Assistance Program! Here's What You Need to Know

A new Down Payment Assistance program just rolled out, which helps more than just first-time home buyers! Here's what you need to know... You DO NOT need to be a first-time home buyer to qualify! There are also no income limits.   Here's how it works: Th

Oct 27, 2022 | FHA Loans Purchasing a Home

Should I Refinance My ARM Loan to a Fixed-Rate Mortgage?

Should I Refinance My ARM Loan to a Fixed-Rate Mortgage?

Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s

Oct 25, 2022 | Interest Rates

Doctor Loans - For More Than Just Doctors!

Doctor Loans - For More Than Just Doctors!

Did you know Doctor Loans are for more than just Doctors?!   Eligible borrowers include Physician's Assistant, Medical Residents, Registered Nurse, Nurse Anesthetist, new, and established Doctors!  Even if you’re yet to realize your full earning potential

Oct 21, 2022 |

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