Wednesday, December 18, 2024

Free Grant Money Available For These Professions...

 Mortgage Broker AdvisorI wanted to let you know we have a 2% to 5% downpayment and closing cost assistance program called “Homes for Texas Heroes”.

If you are in one of the following professions you may qualify for this purchase program:

Professional Educators, Which Includes The Following Full-Time Positions In A Public School District: School Teachers, Teacher Aides, School Librarians, School Counselors, And School Nurses
Police Officers And Public Security Officers
Firefighters And EMS Personnel
Veterans Or Active Military
Correction Officers And Juvenile Corrections Officers
Nursing Faculty And Allied Health Faculty

If you or someone you know may need this program, just reach out to our office and we’ll see if we can help.

That’s it for today!

Thanks for reading!

Brett

Get Pre Approved For A Loan Here
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Monday, December 16, 2024

Free Grant Money Available For These Professions...

 Mortgage Broker AdvisorI wanted to let you know we have a 2% to 5% downpayment and closing cost assistance program called “Homes for Texas Heroes”.

If you are in one of the following professions you may qualify for this purchase program:

Professional Educators, Which Includes The Following Full-Time Positions In A Public School District: School Teachers, Teacher Aides, School Librarians, School Counselors, And School Nurses
Police Officers And Public Security Officers
Firefighters And EMS Personnel
Veterans Or Active Military
Correction Officers And Juvenile Corrections Officers
Nursing Faculty And Allied Health Faculty

If you or someone you know may need this program, just reach out to our office and we’ll see if we can help.

That’s it for today!

Thanks for reading!

Brett

Get Pre Approved For A Loan Here
My Previous Blog

Wednesday, December 11, 2024

No Income Documentation Needed For This Loan...

 mortgage lenders near meIf you want to acquire rental properties, but you are having issues proving your income – here’s one tool you can use…

It’s called a Debt Service Coverage loan.

We take the estimated amount the property would rent for, and as long as that number covers the mortgage payment – you are ok income wise.  (No more income docs needed)

Down payments average around 20% on these types of loans – credit score depending.

If you think this might be a useful tool for you to acquire rental property – please let us know!  We are happy to help!

Thanks for reading!

Have a great day!

Brett

Get Pre Approved For A Loan Here
My Previous Blog

Tuesday, December 10, 2024

How To Get Cash Out Of Your Home Without Paying Off Your Low Interest Mortgage…

 Mortgage Broker AdvisorDo you need cash out of your home, but you don’t want to refinance the low interest rate first mortgage currently on your home?

We have a solution…   We can use a HELOC.

This is a second mortgage in the form of a line of credit you can draw on as needed.

Very easy to qualify for, and quick to close.  And, no appraisal!

Let us know if you would like to know how this could work for your situation.

That’s it for today!

Thanks for reading!

Brett

Get Pre Approved For A Loan Here
My Previous Blog

Monday, December 2, 2024

How To Get A Conventional Loan With Less Than Two Years Work History...

 mortgage lenders near me

In the mortgage world there are rules we have to follow.

Such as, rules about how long a person has to work to get a mortgage.

Guidelines to get a conventional mortgage say you need at least two years of work history.

However, sometimes it’s possible to get a conventional loan with less than two years of work history.

If we run an application with less than two years work history through the automated underwriting engine, and it takes it – then you are good to go.

I had this happen last week.  Got an automated approval on a woman with about 1.5 years of work history.  Approval.  Now she’s out looking for a house.

So, you never know until you run it.  If you or someone you know is  in the situation, let our office take a look at it.

That’s it for today.

Thanks for reading!

Brett

 

Get Pre Approved For A Loan Here
My Previous Blog