Wednesday, July 26, 2023

Mortgage Facts For You...

 Mortgage Broker AdvisorCouple of facts about the mortgage market...

1)  In 2021 there were fourteen million mortgage loans made in the US.  It is estimated that in 2023 there will be 4.3 million loans.  That's a big difference.

2)  Many first time home buyers think that they must put down 20% to buy a house.  Not true.  There are down payment options such as: zero down, three percent down, five percent down.

If you or someone you know is looking to get qualified to purchase a home, give our office a call or shoot us an email.

Thanks for reading!

Brett

Get Pre Approved For A Loan Here
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Monday, July 24, 2023

If You Paid Cash For A House, And Now You Want Your Cash Out...

 Mortgage Broker AdvisorIf you purchased a home using your own cash, and now would like to pull your cash back out – we can do that.

This type of loan is called ‘delayed financing’.  …and, you can get your cash back out of the house.

In fact, we do these type of cash out loans up to three million dollars.  Many companies won’t lend cash out over 500k, but we do!

…so, if you are in need of a loan like this – shoot us an email or give us a call.  We can help!

That’s it for today!

Thanks for reading!

Brett

Get Pre Approved For A Loan Here
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Wednesday, July 19, 2023

Is Your Income Eligible For Down Payment Assistance...

 mortgage lenders near meIf you want or need down payment assistance, TSAHC is a good one, and one that we use alot.

 

There are income limits that you cannot exceed as a household however to get this program.  However, you can exceed these income limits if you are buying in a Targeted area.

The base Targeted Area Income Limits are:

Most of Texas - $126,140

Dallas MSA - $144,340

Houston MSA - $130,480

San Antonio MSA - $134,355

Austin MSA - $163,520

Find “Targeted Areas” here!

If you or someone you know needs down payment assistance please have them shoot us an email or give our office a call.

Thanks for reading!

Brett

Get Pre Approved For A Loan Here
My Previous Blog