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 […]

Ins and Outs of a VA Loan

What are VA Loans? A VA Loan is a segment of the GI Bill was that signed into law by President Franklin D. Roosevelt to provide veterans with a federally guaranteed home loan with no down payment. It’s one of the ways we thank our veterans for their service. The VA guarantees a maximum of […]

Foreclosure Forecast: Record Lows!

Foreclosure isn’t a topic we’re fond of discussing. But the reality is that no matter how many precautions you’ve taken as far as savings and structuring loans, even the faintest idea of it can have homebuyers feeling a little shaky about investing in a home. It’s understandable! It’s a big step that consist of a […]

Choose the Right Mortgage for a Home Renovation

Move-in ready or needing renovation? Small renovations or down to the studs redo? These are big questions when you’re house shopping and need a mortgage for a home renovation. Most people are familiar with the general mortgage process: Find a house, apply for a loan, put some money down, get an appraisal, go through closing, […]

How To Get a Mortgage if You’re Self-Employed

Being self-employed comes with several benefits, such as setting your own hours and working in your PJs. There is one potential drawback, however. It can be more difficult for you to obtain a home loan than it is for people on salary. Take heart, though; while the process is more complicated and involves stricter requirements, it […]

Pre-Qualification vs Pre-Approval

It’s important to understand the difference between a mortgage pre-qualification and a mortgage pre-approval. Many homebuyers think of these as interchangeable terms that mean the same thing. But they’re actually quite different, and could ultimately play a role in whether the seller accepts your offer. You’ll want to obtain both pre-qualification and pre-approval before you begin […]

Advice for Solo Homebuyers

According to an analysis of first-time homebuyers released by Zillow in 2015, “First-time homebuyers are older and less likely to be married than they were in the past.”
This shouldn’t come as a big surprise, since we’ve seen that Millennials—even those who are making this purchase with a partner—are opting to save for a home in lieu of…