Great news friends – homebuyers in the DFW metro (and surrounding areas) will see increased purchasing power thanks to FHA’s decision to increase loan limits beginning his January (2016). Previously the max loan amount for Dallas – Fort Worth area was $310,500 which means buyers could buy a $321,750 home by putting the very minimum down. However, as of […]Read More FHA Increased DFW Area Loan Limit! and other useful FHA tidbits
You’ve worked hard to achieve your professional goals—now let me help you achieve your home ownership dreams. New low down payment home loan available for doctors and dentists who have recently completed their residency, the Medical Professional Program allows you to finance your home before you start your new job – that’s right, BEFORE you start your new […]Read More Low Down Payment Home Loans for Doctors & Dentists!
First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal values as we head into 2016. “The fourth quarter RESI found that title […]Read More Home Prices & Appraised Values -Sellers need to sell their homes twice?
You served your country. Now let me and your country return the favor with special financing just for veterans. VA loans reward veterans for their service and sacrifice on behalf of our country in a number of ways. What Is A VA Loan? VA loans are a special type of home mortgage reserved for active […]Read More VA Loan
Here’s something ‘exciting’ (note: sarcasm) that your clients will be seeing going forward. It’s appropriately called the TIP! What is TIP? It’s the Total Interest Percentage – basically it’s the total amount of interest they’ll pay over the life of their loan expressed as a percentage. Now, that doesn’t seem to threatening, right?? Well, what […]Read More Hey TRID, why is my client paying 69.45% interest??
Refinancing while divorcing is a very hard thing to do. Emotionally and financially, it can be very stressful. Finding an experienced mortgage lender in the state of Texas who is capable of handling this delicate situation is essential. Texas is a common law state and if you are married and own Real Estate that is considered your primary […]Read More The Owelty Lien – aka the Divorce Lien
I know it doesn’t make sense that you are punished for doing the right things, according to my friends and credit experts at Home Loan Assist (HLA), unfortunately that is the case when it comes to credit. My friends at HLA shared this with me today – A collection that is six years old and hasn’t […]Read More Does paying off collections hurt or help your credit scores?