Posts Tagged ‘mortgage options’
How Much Home Can You Really Afford? (The Answer Most Lenders Won’t Tell You Upfront)
As a mortgage loan officer who has closed hundreds and hundreds of loans in my career, I can tell you the buying a home is emotional. You fall in love with the kitchen, the master bathroom, the backyard, or the school district, etc. But before you fall in love with a listing, it’s crucial to…
Read MorePortable Mortgages: What They Are and Why the Idea Is Gaining Attention in the U.S.
In a Real Estate & Mortgage Market where interest rates dipped super low during the pandemic, many homeowners are holding off on their next move more than ever, because they either bought a home during the pandemic-era interest rate market or they refinanced the mortgage they already had on their home into a very low…
Read MoreThe 50-Year Mortgage? Pros and Cons
In today’s wild housing market, where home prices have climbed higher while interest rates have not come down far enough, homebuyers are hunting for any edge to make ownership affordable. Enter the proposed 50-year mortgage – a loan term that stretches the traditional 30-year fixed-rate mortgage by two full decades. These half-century mortgages are not…
Read MoreHow to Qualify for a VA Loan (and Why It’s a Great Option)
For eligible service members, veterans, and their families, VA loans are one of the most powerful tools available for achieving homeownership. Backed by the U.S. Department of Veterans Affairs, this program offers benefits that make buying a home more accessible and affordable than many other loan types. If you’re a veteran, active military member, or…
Read MoreUnderstanding Jumbo Mortgage Loans: What You Need to Know
As a mortgage loan officer with years of experience helping clients navigate the home financing landscape, I’ve seen firsthand how jumbo loans can open doors to dream homes in high-value markets. Whether you’re eyeing a luxury property or simply dealing with rising real estate prices, understanding jumbo loans is essential for making informed decisions. In…
Read MoreMortgage FAQ’s: What Every Homebuyer Should Know
Buying a home requires a huge financial decision, and it often comes with just as many questions as it does emotions. Whether you’re a first-time buyer or a seasoned homeowner, understanding the mortgage process and knowing what you should expect can make all the difference. Below are some of the most frequently asked mortgage questions…
Read More4 Questions to Ask Your Mortgage Lender Before Choosing a Loan
Buying a home is a big financial decision and, naturally, comes with a lot of questions, especially when it comes to financing. With so many loan options available, it’s easy to feel overwhelmed. Choosing the right lender and the right loan program can make all the difference in your home-buying experience, from how smoothly the…
Read More5 Ways to Save for a Down Payment Faster
One of the biggest hurdles for homebuyers is saving for the down payment. While it can feel like a daunting task, with the right plan in place, you can build your savings faster than you think. Whether you’re a first-time buyer or looking to move from your current home, here are five smart ways to…
Read MoreSo, When Does It Make Sense to Refinance Your Mortgage?
With so many opinions floating around within our coworkers, friends, and families, knowing when to Refinance can easily feel confusing. And so many Mortgage Lenders (not my team or me) will always say “right now” is the best time to refinance, because they aren’t concerned about your best interests, they’re only concerned about getting another…
Read MoreUnlocking Homeownership: First-Time Homebuyer Programs in Texas
Buying your first home can feel overwhelming, expensive, and sometimes unattainable, but did you know Texas offers several powerful programs designed to make homeownership more accessible? Whether you’re looking for down payment assistance, low-interest loans, or educational resources, there’s likely a program that fits your needs. 1. Texas State Affordable Housing Corporation (TSAHC) Programs A…
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