New Loan Limits and What it Means for You
The Federal Housing Finance Agency (FHFA) has announced that conforming loan limits would increase for 2021. Following suit, the Federal Housing Administration (FHA) has also increased limits for 2021. As with any announcement of this type, it utilizes industry jargon that may make it difficult to understand what this means. At On Q Financial, we […]
10 Best Ways to Prepare for a Home Appraisal
It is crucial that you make your home presentable for appraisals. Here are 5 ways that you can better prepare yourself and your home for the appraisal.
Low-Income Homeowners Receive Great News from Fannie Mae and Freddie Mac!
Refinancing is a great way to reduce your mortgage payment, and now Fannie Mae and Freddie Mac are offering Low-Income Homeowners some excellent additional options.
FHA and VA Loans Now Available with Adjustable Rates
Check out how On Q Financial expands its home loan options by making adjustable-rate mortgages available for FHA and VA loans.
On Q Financial Offers More Opportunities for First Time and Veteran Buyers
w home. On Q Financial has made it easier for you!
Excerpt: We at On Q Financial are proud to announce we are making our mortgages even more accessible by reducing our FICO credit score requirements to 530.
How to Get the Lowest Interest Rate
As a leading independent lender, we’re sharing an inside look at what factors affect rates and how rates may be forecast.
DACA Recipients Unlock Down Payment Assistance
The dream of homeownership is becoming a reality for more people. HUD is permitting individuals classified under the Deferred Action for Childhood Arrivals (DACA) program who are legally permitted to work in the U.S. with the U.S. Citizenship & Immigration Service (USCIS) are eligible to apply for mortgages backed by the FHA.
On Q Financial Gives Back to Frontline Workers!
In recent years, we at On Q Financial have made it a priority to give back to the communities we serve. Whether through our Dream is Inclusive Scholarship or our various charity drives, we are always searching for new opportunities to serve. In recognition of those who help us serve our community, we’re extending our […]
On Q joins the #ChooseToChallenge Movement
On Q joins the #ChooseToChallenge Movement
Great News for LGBTQ Community from HUD
An announcement by the HUD extends Fair Housing Act protections to the LQBTQ community on Feb. 11th, 2021, following President Biden’s executive order.
Make Your Dream Home Possible
A Home Possible mortgage provides flexibility for low-income borrowers to achieve their dream of homeownership!
HousingWire Interviews On Q Financial President and Founder John Bergman
HousingWire Interviews On Q Financial President and Founder John Bergman
Best Time to Buy a House
There are no return policies on houses after you purchase them. That’s why you want to make sure it’s the right time to buy.
After two major fires, On Q Financial partners with The Kelly Clarkson show to help Reno family
If you caught The Kelly Clarkson Show on February 8th, you heard a bit about the O’Brien family and their story. We are honored to have been a part of the family’s recovery! The Kelly Clarkson Show & On Q Financial When we heard about the O’Briens’ story, we knew we had to be a […]
New FHA Eligibility for DACA Recipients!
FHA regulation changes created new opportunities for DACA recipients and their dreams of homeownership
10 Home Winterizing Tips
Winter is upon us once again, and On Q Financial wants to make sure your home is ready for the weather that comes with it! We’ve put together this simple checklist to help you prevent expensive repairs, save money, and keep you warm all winter long! Check Your Roof and Gutters One of the most […]
On Q Financial’s First Coat Drive
One Warm Coat is a national nonprofit that promotes awareness of the need for warm coats across the country. Working with distribution partners across the United States, One Warm Coat delivers jackets, overshirts, and coats to shelters and youth organizations to be distributed locally. We are honored to partner with this fantastic organization for our […]
New FHFA Conforming Loan Limits and What it Means for You
The Federal Housing Finance Agency (FHFA) has announced that conforming loan limits would increase for 2021. As with any announcement of this type, it is filled with industry jargon that may make it difficult to understand what this means. At On Q Financial, we believe in simplicity, so we will decode this announcement and give […]
What is a Gift Letter for Your Mortgage?
If you are buying a home with not enough money for a significant down payment, you have some options to help bear the financial burden. Aside from down payment assistance programs or discount points, some may have the good fortune to call upon their friends and family for gifts. Rather than toaster ovens or blenders, […]
Spot Must-Have Home Good Deals This Black Friday
Are you anxious to get started on your holiday shopping? Well, you can get your Black Friday started early this year with home deals at Walmart, Target, and Home Depot, all starting from November 4th! With more retailers rolling out deals throughout November and Black Friday around the corner, it can get a bit overwhelming […]
Is Travel Safe in the COVID-19 Pandemic?
2020 has been an unprecedented year for most. Amid the pandemic, we have seen people carry on, whether it be through new homeownership or resumed air travel. Others have been in a constant state of quarantine. Our traditions and norms have been turned upside down, and with the holidays approaching, many people are asking how […]
How to Deal with an Upside Down or Underwater Mortgage
The terms Upside Down or Underwater Mortgage may bring to mind a terrible situation for your home, or you may even associate it with losing your house. While an Upside Down Mortgage is not the best position financially, it is not the end of the world. Read on to learn everything you need to know […]
10 Most Affordable Places to Live in Illinois
Using Census and Zillow Data, as well as AreaVibes Livability scores, we’ve put together this independent study to find you the best, most affordable places to live in Illinois. Most locations on this list feature homes below $100k. Some are even next to major cities with a higher cost of living like Chicago and East […]
10 Most Affordable Places to Live in Pennsylvania
Whether you are interested in outdoor hiking, adventure sports, arts, or history, Pennsylvania has something to offer everyone. If you are looking to move to the Keystone state and purchase a home on a budget, we have the guide for you! Using census and Zillow data, we compared cheap places to live all over Pennsylvania, […]
6 Fun Activities for Covid Halloween Safety
Covid-19 has impacted so much of our lives this year, but that doesn’t mean we can’t enjoy Halloween safely! We’ve put together a list of fun activities that will make you feel the spooky season spirit while staying safe. We based these activities on recommendations by the CDC. Check out their article for a full […]
7 Free Home Apps You Need to Download
At On Q Financial, Simplicity is everything. So we’ve put together a list of the best free apps to download for your home. Whether you have an iPhone or Android, this list will make sure you get the most out of your home! Zillow Whether you’re a first-time homebuyer or an experienced homebuyer looking for […]
On Q Financial’s First Food Drive!
We are excited to announce that On Q Financial is organizing its first-ever Food Drive! Why a Food Drive? Food drives play a critical role in ensuring 1 in 7 Americans have food on their shelves and have one of the greatest returns on your donation. A donation of only 1.2 pounds of food equals […]
What Does Forbearance Mean for You?
Have you been dealing with job loss or an illness that prevented you from working? The loss or reduction in income could make it difficult for you to pay your mortgage. When doing so would increase your financial hardship, it can be reassuring to know that you have options. You are not alone in this […]
10 Tips on How to Prepare for a Hurricane
With a record ten hurricanes making landfall already this year, it is vital to know what you should do to prepare when you receive news a hurricane is on the way. Hurricane Delta has already made landfall, but you may have time to prepare. Check out On Q Financial’s ten tips to prepare before Hurricane […]
An Explanation of the FHFA Adverse Market Refinance Fee
In August of this year, the FHFA announced that all lenders would need to implement a 50 basis point fee on all refinances due to the adverse market effects of the COVID-19 pandemic. What does this mean for you, the consumer? Well, in short, it means you will pay more for a refinance. However, there […]
Without Power? What to Do in a Blackout
With Hurricane Sally making landfall and with recent rolling power outages due to the Arizona and California wildfires, you may be wondering what to do in the event you are left without power. Here are some tips from On Q Financial on how to prepare when you might lose electricity in your home! Follow Government […]
Mortgage Applications on the Rise
For the eighth week in a row, the number of mortgage applications has steadily increased. In a June 10th report from trusted real estate and finance advocate, Mortgage Bankers Association, mortgage applications are currently up 9.3% from the week prior. Housing Demand Creates Higher Mortgage Applications The Market Composite Index, which measures the amount of mortgage loan […]
Why is it Difficult to Get a Mortgage or Home Loan During a Pandemic?
The mortgage industry has been completely changed by the coronavirus COVID-19 pandemic. Due to many, many people losing their main sources of income because of the whole world essentially grinding to a halt, almost 4 million mortgages are in forbearance. In this article, we’re going to discuss why it’s becoming more difficult by the day […]
Completely Contact-Free. E-Close Your Home Loan from Wherever You Are Social Distancing.
On Q Financial is proud to introduce our early-to-market E-Close. Our newest solution is answering a very real problem for consumers currently affected by COVID-19 stay-at-home orders. We’re projecting to hit a minimum of 35 E-Close loans within the next two months. If you’re interested in closing your new home purchase using our exclusive E-Close […]
Nationally Recognized Mortgage Lender, On Q Financial, Inc., Closes First Ever Completely Virtually
FOR IMMEDIATE RELEASE (Tempe, Ariz.) – Earlier today, On Q Financial, Inc., fully executed the lender’s first-ever entirely digital and remote closing. By leveraging the newest technology in remote online notarized solutions and two-way audio-video technology, On Q answered the call to provide enhanced digital experiences while social distancing. While On Q Financial has offered hybrid closings for years—combining online […]
How to Buy a House Remotely
Maybe you’re too busy to travel and you’re considering buying a second home. You could be, forcibly or voluntarily, quarantined to your house. Perhaps you are an investor looking to take advantage of a market, but your schedule won’t allow for an in-person house hunt. Regardless of whether or not you can make a personal […]
On Q Town Hall Featuring Gov. Doug Ducey
Tuesday, February 11th On Q hosted a Town Hall event including a conversation with Governor Doug Ducey and GPEC CEO Chris Camacho. World famous speed painter Randall Hedden joined for a silent auction with the proceeds going to Phoenix Children’s Hospital. Hedden ended up raising $1,500 for charity with his speed painting of Martin Luther King Jr. […]
The CFPB propose to eliminate DTI requirement impacting potential home buyers
The Consumer Financial Protection Bureau (CFPB) is backing the elimination of the debt-to-income (DTI) requirements in the mortgage process. Over the past few months, multiple large lenders, including Bank of America, Quicken Loans, and Caliber Home Loans, as well as the Mortgage Bankers Association (MBA), have called on the CFPB to remove the DTI requirement. […]
On Q Financial Commissions Progressive Mural to Illustrate Inclusion of Diversity
With a mission now 15 years in the making, On Q Financial is simplifying the mortgage process and making the dream of home ownership a reality.
How Upcoming Trade Agreements Impact Interest Rates
We’ve all heard the phrase, “What goes up must come down – and visa-versa.” The trade negotiations with the US and other foreign nations is like playing with that phrase at extreme levels. The US and Japan have just announced a trade agreement that will add “0.5-1.0% in US Gross Domestic Product (GDP) growth” based on […]
On Q Financial Welcomes Brenda Hedeen as New Chief Financial Officer
Meet Brenda Hedeen! Our new Chief Financial Officer is empowering innovation and passionate about inner growth. Learn more about her Family and Future here.
Fannie Mae and Freddie Mac Privatization – 3 Ways the Housing Industry Could Change
Learn how the housing industry could be impacted by the privatization of Fannie, Freddie, and other Government Sponsored Enterprises.
7 Questions About DACA and Home Ownership Answered
DACA recipients are still eligible for a mortgage. In this article, we’ll discuss the myths and questions about their ability to buy a home.
On Q Launches Inclusive Platform to Support Home Owners in 4 Different Languages
On Q Financial, Inc. announces an innovative Multicultural mortgage platform to serve people in their own language. Find out more here.
On Q Mortgage Consultant Earns Outstanding Partner Award from NAGLREP Denver Chapter
Sean Gross was presented with an Outstanding Partner Award from the National Association of Gay and Lesbian Real Estate Professionals.
10 Most Affordable Places to Live in Texas
The Lone Star State has big sprawling cities and friendly small towns, and lots of different places to live. Click here to find the most affordable areas.
10 Most Affordable Places to Live in North Carolina
Don’t fret about expensive housing. We did the research for you and found the 10 most affordable areas in North Carolina!
Top 10 Most Affordable Places to Live in Florida
Don’t fret about expensive housing. We did the research for you and found the 10 most affordable areas in The Sunshine State!
10 Most Affordable Places to Live in Colorado
Don’t fret about expensive housing. We did the research for you and found the 10 most affordable areas in Colorado!
10 Most Affordable Places to Live in California
Don’t fret about expensive housing. We did the research for you and found the 10 most affordable areas in California!
10 Most Affordable Places to Live in Arizona
Don’t fret about expensive housing. We did the research for you and found the 10 most affordable areas in Arizona!
The 12 Most Iconic Holiday Homes Ranked
We’ve ranked these holiday homes from least to most recognizable. Take a look and see if your holiday favorite made the list.
On Q Promotes Industry Vet to Grow Untapped Markets in the East
On Q Financial is proud to announce the promotion of industry veteran, Shane Miller, to the role of Senior Vice President – Eastern Divisional Manager.
13 of the Spookiest Halloween Homes Ranked
Movies from Psycho to Hocus Pocus made our list, so read on to find out where some of your favorite haunts ranked…if you dare.
How to Get Rid of PMI
Private mortgage insurance (PMI) increases your monthly mortgage payments, but there are ways to reduce it or even get out of it.
On Q Raises $33,170 for Hurricane Florence Relief; Local Team Goes Above and Beyond to Bring Help the Community
We’re proud to announce that the On Q Family raised $33,170 toward Hurricane Relief. On Q Financial matched a $16,585 donation from our employees
Revolutionary Mortgage Lender Brings Fresh Leadership to the Pacific Northwest
Everett Abicht, an industry veteran, has been brought on to lead the Pacific Northwest as Regional Vice President for On Q Financial.
On Q Financial Donates $30,000 to Charities Across the U.S.
Tempe, AZ – On Q Financial, Inc., one of the nation’s top mortgage lenders, gives back by donating $30,000 based on an employee-led voting initiative to three charities across the country. One of On Q’s core values is giving back, and they’re committed to being involved in the communities they serve. Soldier’s Best Friend, based […]
5 Benefits if Mortgage Rates Rise to 6% in 2019
This year we’ve seen and heard the buzz about “high” mortgage rates and how they’re continuing to climb, but right now rates are still at historic lows. Qualified home buyers are constantly outbid by competing offers and facing a market with high demand but low housing supply. There are benefits to rates increasing: a leveled […]
What You Need to Know about Mortgage Interest Rates in 2018 (UPDATED)
The Takeaways Mortgage rates have seen a steady increase since the beginning of the year. A higher interest rate could mean a higher mortgage payment each month. Mortgage payments are a large part of home ownership, so it’s best to know what’s going on in the current market regarding home loan interest rates. Interest rates […]
How Does a 203K Loan Work? (Answered)
What is a 203K Loan? A 203K loan is a renovation mortgage that allows you to get a home mortgage and pay for anything from repairs to updates and additions with the same loan. There are two types of 203K loans: Limited 203K Loan and a Standard 203K Loan. Each loan provides unique benefits […]
On Q Awarded Top Loan Originators by Mortgage Executive Magazine
Scottsdale, AZ – On Q Financial, Inc. announces the company’s Mortgage Consultants have been recognized on Mortgage Executive Magazine’s Top 200 and Top 1% of Mortgage Originators. Seventeen of On Q’s Mortgage Consultants have made it into the Top 1% of Mortgage Originators in 2017 from Mortgage Executive Magazine (MEM). To achieve this recognition, each […]
Celebrating 50 Years of Fair Housing: The Dream of Home Ownership is Inclusive.
Home. What does it mean to you? Home is the safe space we retreat to after a long day. It’s where we wake up on lazy Sundays and where we’re most comfortable in our skin. Home is where our kids spend years laughing and growing while tracking mud inside. It’s where we practice our speech […]
2018 Market Outlook, Trending Up
Mortgage rates could reach 4.6% or higher by the end of 2018. Home prices are expected to rise by 3% to 6% over the next year. Existing home sales are predicted to increase 2.5% and new home sales to 7%. Here are some of our predictions about the 2018 housing forecast and why now is […]
What’s Next: Recovering From the California Wildfires
Where to go for immediate assistance and what to do if your home is damaged. The California wildfires have destroyed communities; ravaging thousands of acres and leaving many displaced from their homes. If you’re among those affected, you’re probably wondering what to do next and have a lot of questions. We’ve compiled a list of […]
10 Steps You Should Take to Find and Buy VA Approved Condos
Are you a veteran looking to purchase a new home? If so, you are likely eligible for loans from the US Department of Veterans Affairs (VA) to pay for your mortgage. These loans are used to pay for either townhouses or condominiums. Did you know loans from the VA offer 100% financing and don’t require […]
Equifax Security Breach
Up to 143 million U.S. consumers could be affected. Days after the breach was discovered, three executives at Equifax sold almost $2 million of their company shares. The Federal Trade Commission released a statement on how to protect your information. What do you need to know about Equifax? Equifax is one of three nationwide credit reporting […]
Hurricane Victims, Disaster Mortgage Relief with 0% Down Payment Options Available
Path to Rebuilding Your Home 0% Down Payment Home Loan Program for Disaster Victims FICO Scores as Low as 580. Missed or late payments resulting from the disaster may be disregarded if you were not more than three months behind at the time of the disaster Income and Employment may be verified with current […]
Home Buyer Increase Due to Disappearing Bankruptcies
How Boomerang Buyers Will Soon Flood the Market Average credit score nationwide is 700 as of April 2017 About 6 million people, over the next 5 years, can buy a house again – due to disappearing bankruptcies Housing market inventory will remain tight for years to come What is a Boomerang Buyer? A Boomerang Buyer […]
What is a Home Lien?
Why You Should Refinance Your Existing Mortgage Leading up to the financial crisis, it was common for people to take out second liens. It’s 10 years later and those who took a second lien are now reaching the end of the interest-only payment period. If you took a lien on your home or are considering […]
The 10 Most Affordable Places to Live in Oregon
With endless vineyards, outdoor activities galore, and unique culture, who wouldn’t want to call Oregon home? If you are looking to make the move, but have a strict budget in mind, take a look at the beautiful state’s most affordable cities. Apply Today Springfield Number one for affordability, this city is also highly ranked when […]
Why You Should Care When The FED Raises Interest Rates?
On Wednesday, June 14, 2017 the Federal Reserve’s Open Market Committee (FOMC) raised interest rates. As FOMC previously announced that they’d make quarterly raises during 2017, this came as no surprise. The stock market barely showed a change after the decision was announced, “while the yield on the 10-year Treasury fell to 2.11%.” So what […]
The Housing Market – Trending Up
But what does that mean for Buyers? Homes are selling fast—under contract in an average of 34 days in March. The inventory of homes on the market is down, but home sales have risen by 8% within the year. The number of starter homes available fell by 43.6% over the past four years. Low Inventory, […]
Barbara Buchacker, Her Volunteer Story: Heart for Seniors
On Q Gives Back… in Charlotte, North Carolina Settled in the beautiful town near Charlotte just southeast of Lake Norman is Huntersville. In the heart of this city lies the Carillon Assisted Living of Huntersville where On Q’s very own Barbara Buchacker volunteers. Its location is fitting for this heartwarming work. Barbara Buchacker, Her ‘On […]
United States Department of Agriculture (USDA) Home Loans
USDA-RD Overview The real estate space is broad, diverse, and varies greatly based upon each individual’s unique credit, income, and regional circumstances. The USDA Home Loan Program is designed with this breadth and diversity in mind, specifically where rural housing is concerned. The USDA Rural Development Loan is intended to increase homeownership in rural regions […]
Politics & Economics: How they affect the Housing Market
Since President Trump won the election, mortgage rates have increased due to the awaited economic stimulus. The Dow Jones Industrial Average passed 20,000 for the first time – investors elevated stocks following a strong earnings report after Trump’s push to cut government regulation. People are optimistic about the 2017 housing market post-Trump Inauguration. Since […]
5 Steps to Having Plants in the House All Winter Long
Decorating with Plants Indoors The New Year has greeted us with a lot of winter storms. While the wonderland continues to build, bring some new life into your home with plants that will last through the season. Take a look at our five steps below, and you will be on your way to enjoy a […]
Mortgage Insurance 101
Let’s talk mortgage insurance. Navigating the world of home buying may seem like a labyrinth. With all the different loan options available, plus the other multiple, possibly confusing steps in the process, it’s conceivable you might not even be aware of the need for mortgage insurance. While many people tend to avoid private mortgage insurance […]
Should You Buy a Big or Small House?
Is a big house always better? Not always, especially when it comes to home buying. In actuality, it may be wiser to go smaller—below what you can afford. Ultimately, it depends on the needs of you, your spouse (if applicable), or your family (again, if applicable). More often than not, though, a smaller home will […]
5 Tips to Help You with Your Home Inspection
Prepare yourself for your upcoming home inspection with these 5 helpful tips! One of the biggest life decisions a person will ever make is the one to purchase a new home. An immense amount of time and money goes into buying a house, so it’s important to ensure your investment is sound. That’s where home inspections […]
On Q Mortgage Consultants – A Guide Through The Process
Ushering people through the biggest purchase of their lives requires dedication, tenacity and an eye for the big picture as well as all the details. On Q Financial Mortgage Consultant Austin Lampson, was recently honored in National Mortgage News’ 2016 Top Producer rankings, and shares how she considers her professional role as one of […]
At the Top of Our Game—Again
“…the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” Steve Jobs On Q Financial, Inc. is propelling mortgage originators to a new league nationwide! When you love what you do, and love where you […]
Olympia Branch Awards Scholarship to Capital High School Student
Our Westside Olympia Mortgage Consultant, Chris Johns, is pleased to announce that his branch has awarded the first annual $1,000 Scholarship to Josh Thompson from Capital High School in Olympia, Washington. Josh has wanted to attend Washington State University his entire life and will now realize that dream. He plans to double major in Business […]
7 Money Saving Tips for New Homeowners
So you’ve just moved into your nice new home. You’ve unpacked the boxes, and are beginning to settle into your residence. Now is the perfect time to walk through a checklist of ways to save money on energy!
On Q Financial Congratulates Ten Mortgage Consultants Named Top 1% of all Mortgage Originators in America
On Q Financial, Inc. is proud to announce that ten of its Mortgage Consultants have been named to the prestigious Top 1% Mortgage Originators in America 2014 list, published annually by Mortgage Executive Magazine: Phyllis Casillas of Tempe, Arizona, NMLS #473821 Michael Chabot of Westlake Village, California, NMLS #309054 David Jaffe of Westlake Village, California, […]
FHA Reduces Annual Mortgage Insurance Premiums Beginning January 26
Mortgages for borrowers who want to take advantage of low down payment FHA loans will soon cost much less! Last week President Obama announced a 0.5% reduction in the amount borrowers pay for Federal Housing Administration (FHA) mortgage insurance, reducing annual mortgage insurance premiums on 30-year mortgages from 1.35% to 0.85% beginning January 26. The […]
Top 5 Mortgage and Real Estate Trends and Predictions for 2015
Now that the holiday season has come to an end, it’s a good time to reflect on the past year as we try to forecast what’s up ahead for the Mortgage Industry in 2015! As the housing market turns a corner into the New Year, the U.S. economy is well-positioned to sustain a 3% growth […]
On Q’s Twelve-Week Moving Checklist
You’ve bought your dream home and it’s perfect! It has curb appeal, plenty of storage, and that breakfast nook you’ve always wanted. Now you just have to move in! If you just cringed, you’re not alone. Whether it’s your first move or tenth, moving can be daunting and stressful! Organizing, packing, changing your address, cleaning […]
Weekly Market Update
Here is what was at the top of the headlines for the mortgage industry this past week. Fannie Mae Official Details Plans on Low Down Payment Mortgages. In an interview, the chief executive of Fannie Mae, Timothy J. Mayopoulos, said that he expected Fannie’s low-down-payment mortgages to cost the borrower less than similar loans available […]
Weekly Market Update
Here is what was at the top of the headlines for the mortgage industry this past week. Veterans Have Created a Housing Boom. The VA’s home-purchase financing program is now at record levels. New loans to buy houses have more than doubled since 2007. Since 2011, when VA-backed mortgages represented about 3 percent of total […]
100 Most Influential Mortgage Execs–John Bergman!
On Q Financial Inc. is excited to announce that our CEO and President John Bergman has been carefully selected and honored as one of the top 100 mortgage executives in America. Presented by Mortgage Executive Magazine, the award seeks to recognize and celebrate the service, dedication, and hard work that mortgage executives put forth into […]
MBA President & CEO David Stevens Speaks at On Q
On Q is proud and excited to have Mr. David Stevens, President & CEO of the Mortgage Bankers Association, at our Scottsdale Headquarters today, November 7th 2013. Mr. Stevens will be meeting with members of On Q’s management team later this morning. He will also be speaking to On Q’s employees, leaders from the mortgage […]
Home Sales Up 6.5 Percent, Prices Edge Towards Pre-Crash Levels
Sales of existing homes increased strongly in July, and median home prices are now nearing their pre-crash peak National Association of Realtors® (NAR) said today. Sales in July rose to a seasonally adjusted annual rate of 5.39 million units. This represented an increase of 6.5 percent from the revised (from 5.08 million) estimate for June […]
Home Prices Continue Their Upward Climb for 16th Consecutive Month
Home Prices on the Rise Newton would argue that an object in motion stays in motion until acted upon by an outside force. In the housing industry, we are excited that Newton is right. As the housing industry continues its comeback from 2007, home prices continue their upward ascent. According to the Federal Housing Finance Agency, the […]
On Q Hosts Donation for Charity Organization Umom
On Friday July 12th, On Q Financial, Inc. teamed up with UMom, a special organization that serves a diverse population of homeless families through shelter programs, to host a luncheon baby shower. The donation event was focused around employees charitably giving various items for infants, which ranged from diapers to clothing. The lunch and event were a huge success, […]
Going Green? Follow This Guide to Find an Energy Efficient Home
In February of this past year, the National Association of Home Builders conducted a study which showed that one of the most important qualities new home buyers seek is an energy-efficient home. They went on to add “Nine out of ten buyers would rather buy a home with energy-efficient features and permanently lower utility bills […]
On Q Financial, Inc. Gets Nod from Charlotte Business Journal
The Charlotte Business Journal acknowledged On Q Financial Inc.’s recent hiring of top mortgage producers in the Charlotte metro, as well as its growth throughout the Southeast region. Brick McDermott, formerly of N.C. Bank and Trust, David Woldman, formerly of SunTrust Bank, and Terri Presutti, also formerly of SunTrust Bank, are just a few of […]
On Q Moves to #45 in Annual Ranking of Mortgage Companies!
On Q Financial ranked #45 on Mortgage Executive Magazine’s annual list of the Top 100 Mortgage Companies in America 2012. The industry list ranks mortgage companies by their volume of funded mortgages in 2012. On Q Financial moved up in the ranking 4 spots from number 49 to number 45 with just under $2 billion […]
On Q Financial, Inc. aligns with Greater Phoenix Economic Council
Supporting Economic Growth and Expansion On Q Financial, Inc. is pleased to announce our decision to support the continued growth and expansion of the Valley’s economy through the Greater Phoenix Economic Council (GPEC). GPEC is a public-private partnership that seeks to attract quality business to the Greater Phoenix region from businesses around the world. The […]
November Existing-Home Sales and Prices Keep Trending In the Right Direction
According to the National Association of Realtors, total existing-home sales rose 5.9% in November to a seasonally adjusted rate of 5.04 million. Also, the national media existing-home price has risen 10.1% since November 2011. According to NAR Chief Economist, Lawrence Yun: “Momentum continues to build in the housing market …with lower rental vacancy rates and […]