Resources

When approaching buying a home in Texas, you'll face a long list of options for financing your purchase. One option that many house hunters heavily consider, especially first time home buyers, are FHA loans. Often we hear the question, "How do I qualify for an FHA...

If you're looking for a fixer-upper, an FHA 203(k) loan may be right for you. For many potential homebuyers, having a turnkey house that's ready to move into immediately is the only way to go. However, increasingly more buyers want to get more house for their money...

Buying your first home can be exciting and overwhelming, especially if you have never financed a large purchase before. As a first time home buyer it can be hard to know which loans are right for you. It's important to consider an FHA Loan as a First Time Home Buyer....

New legislation under the incoming Biden administration will undoubtedly impact household spending, mortgage rates. Mortgage rates will effect both your ability to apply for an FHA loan, and refinance rates in Texas. From stimulus payments to tax increases, Americans...

You're thinking about refinancing your mortgage. You may be wondering how to go about a mortgage refinance during COVID-19. Refinancing can lower your mortgage interest rate, give you access to funds for remodeling, or consolidate debt. It's important to know how the...

Mortgage rates rarely stay constant. As rates drop, homeowners often ask themselves "Is it the right time for Mortgage Refinance?" When rates drop, you may find yourself continually monitoring for the lowest rate. It's important to understand when the right time to...

When you are looking to buy a home, it’s important to make sure you select a mortgage that works best for your financial situation. Many people consider FHA vs Conventional Loan as they are two of the most common types of mortgages. Here’s what you need to know about...

If you applied for an FHA loan and you’re looking to refinance, you’re in luck. Just like any home loan, Federal Housing Agency Loans can be refinanced to better suit your current financial situation. Here’s what you need to know to refinance your FHA loan to a...

Getting rid of mortgage insurance premiums (MIP) on an FHA mortgage loan can help you save thousands of dollars. While it can be difficult to eliminate insurance premiums from your Federal Housing loan, there are steps you can take to get rid of it so you can pay off...

Saving up to purchase a home is one of the most important, and difficult, financial moves you will ever make. As you look at various loans you'll notice they differ in their down payment requirements. Understanding the requirements for down payment on an FHA Loan will...

If you are buying a house for the first time, it's important to know how to apply for an FHA loan. Federal Housing Loans (FHA Loans) are available for buyers who have low credit scores and minimal savings for a down payment. First-time buyers who don't qualify for a...

When buying a home, getting mortgage pre-approval in Texas is one of the most important things you can do. It doesn't matter which city your future home will be in, Houston, Austin, San Antonio, Dallas, or Fort Worth, having a pre-approval will help your buying...

Getting pre-approved can make it easier to shop for homes, but many buyers wonder, "Will getting pre-approved hurt my credit score?" Can you protect your credit score and still reap the advantages of shopping with a pre-approval letter? Here's what you should know...

Being pre-approved for a mortgage in Houston will make the process of buying a home easier for you. Once you have your letter of pre-approval, sellers are more likely to see you as a qualified, serious buyer. It takes time to gather all the documents needed to get...

If you are searching for a home in Houston, getting pre-approved is one of the most important steps you can take in the buying process. Getting pre-approved for a mortgage takes some time and effort, but once you have a letter of pre-approval in your hand, sellers...

Getting a mortgage pre-approval in Texas is one of the most important steps in the home-buying process. Although getting pre-approved is no guarantee that you’ll secure the funding for your dream home, it positions you as a serious buyer and makes sellers more likely...

As you build your credit, you may be wondering who sees your credit score. And here’s the answer: banks, landlords, potential employers, credit card companies, and mortgage lenders may view your credit score. The Fair Credit Reporting Act only allows creditors and...

What Is Escrow? An escrow account is maintained by a third party. There are two types of escrow. Real estate escrow is different from homeowner's escrow. When you decide to buy a home, you will need to open an escrow account. You will pay a deposit to the seller of...

Mortgage points, or discount points, are used to prepay a portion of the interest on your mortgage. Your lender will present these points to you as a way to lower your interest rate. Buying these points sounds like a great way to save money, but is it really? Should...