What is annual MIP in regards to an FHA mortgage? Annual MIP = annual Mortgage Insurance Premium. The annual MIP is the portion of mortgage insurance that is paid as a monthly payment. This is … [Read more...]
Frisco Mortgage
FHA Mortgage Changes 2013 for April
FHA borrowers and home buyers, mayday mayday mayday. FHA is upping the anti again. We are expecting FHA to make some changes in April of this year, 2013. These changes will not only cost you more … [Read more...]
What Happens When I Miss My Closing Date
Everyday in America, new home buyers and refinance folks miss their target close date because of their lender not processing or having their mortgage loan prepared in time for closing. If you are … [Read more...]
Owelty and Common Law
Upon every Texas Owelty Refinance transaction, I learn that there is an endless amount of misunderstood variables that individuals will encounter during a divorce. Today, on my video post on YouTube … [Read more...]
What Are Mortgage Rates Today
We are a locally owned and run mortgage company, and work primarily in Frisco and Flower Mound TX. Although, we handle business all inside the Texas borders and we close our loans on time for … [Read more...]
Cost of Refinancing
After helping families with home financing in the Frisco, North Dallas, and Flower Mound Tx area for over 9 years, it is obvious to me what some of the main concerns are to a prospective refinance … [Read more...]
Flower Mound FHA Mortgage Insurance
Does FHA Mortgage Insurance Go Away? That is the question! Flower Mound and Frisco FHA home buyers and refinance prospects have many times wondered about this topic. To answer that straight out, … [Read more...]
Which Loan Program Is Best For Me
North Texas home buyers often wonder, how do I know which loan is just right for me. Are you fishing for the right loan?There are so many options, there is no lack of wonder, why first time buyers or … [Read more...]
VA Mortgage Get Reduced Funding FEE
Are you looking to purchase a home in Texas, and eligibility for a VA mortgage? Well guess what? You will be please to hear that VA has recently reduced the cost of the up front VA funding fee in a … [Read more...]
Mortgage Rates Affected By United States Credit Rating
News broke that United States would lose it's AAA credit rating in the world economy, and CNN reaffirmed that this would at least for the short term, keep mortgage rates from spiking upward. Stocks, … [Read more...]
