Cole Phillips

NMLS # 2304798

864-915-9603

colephillips@dhlmortgage.com

Cole Phillips Mortgage Loan Originator

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Buying a Home with help from Family

Buying a Home with help from Family

With U.S. home prices have jumped 20 percent in the past year, it is becoming increasingly harder for many Americans to buy a home on their own. To be able to break into the housing market, more and more buyers are going in together with siblings or paren

Dec 08, 2021 |

What does Homeowners Insurance Cover?

What does Homeowners Insurance Cover?

Before you are allowed to sign on the dotted line for a mortgage loan, your lender will require you to have homeowners insurance. This type of insurance protects your property (and the things inside) against damage and loss. It basically provides enough c

Dec 01, 2021 | Purchasing a Home

9 Easy Steps to Winterize Your Home!

9 Easy Steps to Winterize Your Home!

9 Steps to Winterize Your Home! Winterizing your home can prevent potential damage to your furnace, plumbing and roof. Taking preventive action now can also help save on heating costs. Here are a few action items to keep in mind this winter: 1. Disconne

Dec 01, 2021 | Purchasing a Home home maintenance

Moving or Refinancing? Here's What You Need to Know

Moving or Refinancing? Here's What You Need to Know

Charlotte is ranked by Realtor.com as the best real estate market in the Southeastern U.S. positioned for growth in 2021. The report predicts the Charlotte real estate market will have a combined growth rate of 19.0%, factoring in both sales growth and gr

Nov 22, 2021 | Purchasing a Home Refinancing a Home

Should I Ever Consider a Balloon Mortgage?

Should I Ever Consider a Balloon Mortgage?

The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays off the loan. However, there is a type of loan called a

Nov 17, 2021 | Refinancing a Home

What is a Mortgage Contingency?

What is a Mortgage Contingency?

When you find the right home to buy, you make an offer, put down a deposit once your offer is accepted and you sign a sales contract. Then you move on to inspections and financing. Pretty straightforward. But what if something goes wrong during the closin

Nov 10, 2021 | Purchasing a Home

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