Cole Phillips

NMLS # 2304798

864-915-9603

colephillips@dhlmortgage.com

Cole Phillips Mortgage Loan Originator

Blog

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 |

What The Latest Fed Rate Hike Means for Mortgages

What The Latest Fed Rate Hike Means for Mortgages

The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining a healthy level of inflation and employment in the U.S

Oct 18, 2022 | Interest Rates

HUD Homes - Another Option for Buyers and Investors

HUD Homes - Another Option for Buyers and Investors

In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could

Oct 11, 2022 | Purchasing a Home