Litton Mortgage Blog / Shreveport Bossier West Monroe

I have some exciting news! I wanted to let you know that amidst all of the negative economic news, home loan rates have actually rallied and reached near RECORD LOW levels. Even the staff at Litton Mortgage has been busy refinancing our personal homes to obtain some of the lowest rates in history. At Litton Mortgage, we are enjoying helping our clients take advantage of this opportunity! It’s really surreal to be writing about interest rates this low!

What does this mean to you?

You could reduce your monthly payment and interest costs, shorten the term of your loan or even borrow additional funds to pay off other debt, reduce your overall household monthly expenses, or obtain money for home improvements such as swimming pools, kitchen and bathroom remodels, etc.

One possible option, which has become a very popular strategy for many of our clients and even our staff, involves refinancing to a shorter-term loan for a payment that is comparable to your current payment. This is a great way to take advantage of the interest rate differential. None of our clients so far have had to bring any out of pocket money to closing. Feel free to contact me to discuss whether or not one of these options might benefit you.

If you are like some who have been concerned with home values declining, I want you to know that our communities have been blessed for the most part with stable (and in some cases, appreciating) home values. This may be a great time to also refinance and eliminate PMI (private mortgage insurance).

One thing is for sure, you don't want miss this chance to save money. If you’ve already taken advantage of the historic rates that have been offered, then why not spread the good word to your friends, family, co-workers and neighbors? We love meeting new clients!

Please don’t hesitate to contact me with any thoughts or questions—and of course to see what options might exist for you. MENTION THIS BLOG AND RECEIVE A FREE APPRAISAL WHEN YOU REFINANCE!

Sincerely,

Jaclyn Litton
Owner/Broker, Northwest Louisiana
(318) 747-7400
Jaclyn@Litton-Mortgage.com

Darren Hodge
Managing Patner, Northeast Louisiana
(318) 807-1000
Darren@Litton-Mortgage.com

April 1st was a great day for Litton Mortgage. No, not because I pulled an AWESOME April Fools Joke (I'm usually great at those, but was a little too busy this year to conjure up something really good)....anyway, April 1st marked the 1 year anniversary of being in our new Shreveport offices at 7607 Fern Avenue, Suites 1101-1102 in the Sand Beach Office Park.

April 1st also marked the day that we opened our new office in West Monroe, LA where Darren Hodge, Managing Partner, will run the Northeast Louisiana office. Our office in West Monroe is located at 2000 North 7th Street, Suite A, West Monore, LA 71291. Across from Green Sports and Capital One right down the road from the West Monroe High School Rebel Stadium.

Business is booming and interest rates are still great. The Shreveport/Bossier area and West Monroe/ Monro areas are doing great. We are seeing appreciation in our local real estate markets. That is a huge blessing as a lot of other cities around the US are experiencing the opposite.

As we wrapped up the 1st quarter of 2011, it was amazing to see God's blessings and great to see that also we were able to help make a difference in our community. During this 1st quarter, through the help of many friends via Facebook  , we were able to help the Holland-Mullins family as well as Team Raechal. Vanessa Holland Mullins was a dear friend of mine from our "growing up" days at Summer Grove Baptist Church. She went to be with the Lord after a long battle with cancer and left behind her husband, Rob, their newborn baby boy and their 2 daughters. We were able to donate to help this precious family. We were also able to make a donation to Team Raechal. I graduated high school with Raechal at Southwood High School and she is in a battle with cancer. Finances become strained and expenses mount up during medical battles, so it was good to be able to donate to such wonderful families going through such difficult times. I believe beyond the donations of money, the continual donations of prayers are needed. I hope you will join us in praying for both the Holland-Mullins Family and Team Raechal.

Also, this first quarter, we were able to donate to the Bossier City Police Department as they helped get clothes for kids. We are proud of our officers and the time they invest in not only protecting our community, but providing for needs found in our community.

Next quarter, we will be making a donation to ChildLife at Dallas Children's Medical Center. The goal of ChildLife is to make kids smile during difficult times at the hospital. Kelly Thompson is the proud dad of Thomas who had leukemia and recently went into remission. ChildLife has made a big difference in their lives and we want to help give back so that they can get additional things and resources they need to help kids smile. Please also keep Thomas and the Thompson family in your prayers as they have a long regimen of remission treatments ahead all year long.

Also, we started out April by sponsoring a great group of 8 year old boys at West Monroe Dixie Youth Baseball. They are having a great season and we are so proud to have the opportunity to sponsor them. Check out more pics on the Baseball Page: http://www.litton-mortgage.com/WestMonroeBaseball 

Remember to count your blessings. Remember to give. It doesn't matter how much or how little you are able to give. Just give. It's a matter of the size of your heart, not the size of the gift.

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Jaclyn Litton
Litton Mortgage