Don’t Worry So Much About the Down Payment
With rental vacancies at historic lows, and rental rates stronger than ever, many renters are considering becoming first-time homebuyers. However, some potential new homeowners may be held back by what they think they know, even if their preconceived ideas are incorrect. GoBankingRates.com posted 7 Common Myths About Home Buying this week, and the number one […]
What is TRID, and What Could It Mean for You?
This week, the Consumer Financial Protection Bureau (CFPB) rolled out their new disclosure policy, TRID, and while it is expected to simplify the home mortgage process in the long run, there will most likely be a learning curve, which could result in an initial increase in the number of days it takes to close on […]
Discounted Home Loans Available to Veterans Displaced by Memorial Day Flooding
Central Texas often faces extended periods of drought; however, when it does rain, it floods. Just a couple months ago, over the 2015 Memorial Day weekend, central Texas faced some of the worst flooding in Texas history, which resulted in the deaths of over a dozen people and caused thousands to flee their homes (texasmonthly.com). […]
Pay Yourself: Buying a Home Is Now Cheaper than Renting
When you purchase a home, you stop paying your landlord and start paying yourself – everyone’s heard that. Maybe you’ve had this old adage knocking around in your head for a while now, you’ve been saving for a down payment, and you’re considering making the leap into home ownership. In that case, you may be interested to […]
Tips for Texas Homebuyers: Getting the Lowest Mortgage Rate
Buying a home is one of the biggest purchases most people will ever make, so it’s no wonder people take their time to make sure they’re getting a great deal. Prospective Texas homebuyers spend hours poring over MLS sites and home listings comparing pricing, square footage, number of bedrooms, school districts and so on, to […]
Texas mortgage rates edge up
Texas rates on fixed mortgages began to edge up this week, inching further and further away from the bottom rates we saw this summer. Freddie Mac reported earlier this week that average rate for 30-year fixed loans rose to 4.40 percent from 4.39 percent last week. Two weeks ago, the rate hit 4.17 percent, the lowest […]
Texas VA Home Loans vs. Conventional Home Loans
Are you a Texas Veteran and are you considering buying or refinancing in today’s market? Buying or refinancing a home is a decision that takes both careful thought and planning. Most prospective homebuyers put an extraordinary amount of time into selecting just the right home or deciding whether or not to refinance. Have you considered […]
Take Advantage of Low Interest Rates with VA Streamline Loans
So what is this VA Streamline Loan everyone’s talking about? And have you heard of the VA’s Interest Rate Reduction Refinancing Loan (IRRRL)? Interestingly, they are one in the same! This is a loan that refinances an existing VA Loan into a new VA Loan with a lower interest rate, or for some, from an adjustable rate mortgage (ARM) into a fixed rate mortgage.
VA Home Loan Refinance Options – Take Your Pick
VA home loans are the best mortgage deal on the market today! If you qualify, or even think you might qualify, it’s important you find out how the Texas VA home loans can benefit you and your family.
On the Rise – Texas VA Home Loans
Have you been affiliated with the military and are you looking to buy a home or refinance in Texas? The VA Home Loan Program is receiving $6 billion in funding this year so this is an excellent time for you to consider a VA home loan. VA home loans are ideal for young families and first time home buyers since the borrower can finance 100% of the home’s value and purchase with $0 down. Is there any other loan program available that can offer these benefits? The answer is no.
