Home Buying Mistakes to Avoid
Becoming a homeowner in Texas is one of the most exciting and potentially stressful things you can do. There’s a lot to learn and a lot to do, which can leave quite a bit of room for mistakes. The home buying process is an emotional experience that is personal for each buyer. Just remember that […]
What You Need to Apply for a Home Loan
Whether you’re a first-time home buyer in Texas, or are an empty nester ready to downsize, you’ll need to complete a lot of steps before you consider talking with a lender. There are many things you’ll need to do to get ready to buy a home. It can be overwhelming. It might sometimes feel like […]
How to Survive Buying a House¶
Preparation¶ You’ll probably start entertaining the idea of looking for a home years before you’re totally financially prepared. It can be daunting, but it will give you a better idea of what you want, like a master suite, basement, or garage apartment. Using our online mortgage calculators, you’ll also be able to get a rough […]
What’s the Difference Between Pre-Qualification and Pre-Approval?
Unfortunately, without proper preparation, many buyers get lulled into the mistaken notion that if a lender pre-qualifies them for a mortgage, it means that they have been pre-approved for the home loan. There’s a world of difference between these two terms. If you’ve ever been confused by the two, this will explain how they differ, […]
Qualifying as a First-Time Home Buyer in Texas
Did you know that the definition of a first-time buyer isn’t restricted to people purchasing their first property ever? According to the Department of Housing and Urban Development, it also includes the following: A person who has not owned a residence for at least 3 years. A single parent who previously co-owned a home while […]
How Home Loans Work in Texas
If you’ve thought about buying a house in the Lone Star State, you’re not alone. It’s a great place to live! You might wonder how to get a mortgage in Texas, so we’ve put together a list of what you should know about Texas home loans. TDHCA (Texas Department of Housing and Community Affairs) Texas […]
How FHA Loans Work
FHA loans are a great option for first time home buyers — if this is your first home purchase, a Texas FHA home loan is probably your best option with its low down payment and easier credit standards. Your down payment can be as low as 3.5% of the purchase price and closing costs and […]
Why Buying a Home is Better than Renting
Owning your own home has distinct advantages over renting, especially when it comes to building your net worth and providing a stable environment for your family. If you’re struggling with whether to buy versus rent, consider these 10 reasons to take the plunge into homeownership: 1. You can ramp up energy efficiency. Energy-efficient improvements—from adding […]
Top Ten Reasons to Use a Mortgage Broker
Working with a direct lender like a bank may seem like the thing to do—but an independent third party can offer impartial advice. A mortgage broker has access to a much wider array of products; a mortgage broker’s services can help you make sound financial decisions. Still not convinced? Take a look at these 10 […]
Investing in a Home is an Investment in Your Future
Is buying a home a good investment? You’ve probably heard from the media, parents, older relatives, and, of course, real estate professionals that buying a home is a great investment that always helps to secure your future. You’re told buying a home is a good investment that will appreciate over time, and that it will […]
