What is the Family Opportunity Mortgage Program? The Family Opportunity Mortgage is a conventional loan program offered by Fannie Mae. The aim is to help children with elderly parents move to a … [Read more...]
Expert Foresight: Mortgage Rates in 2025
Will Mortgage Rates Drop in 2025 As a mortgage loan originator I regularly sit through meetings, read blogs, digest national economic media and talk with industry peers. Those conversations … [Read more...]
FHA: 100% Financing
In the Real Estate and mortgage atmosphere of the today, finding a mortgage program that allows the least down payment possible is sought after now maybe more than ever before. The way you use the … [Read more...]
The 5 Most Important First Time Buyers Tips & Facts
Having access to first time buyer programs is not necessarily an advantage, although it does give you additional options that non-first time buyers do not have. If you are looking to buy your … [Read more...]
Understanding the Nuances: Mortgage Prequalification vs. Mortgage Preapproval
In the exciting journey of purchasing a home, navigating the terminology and processes involved can feel like diving into a sea of jargon. Two terms often encountered in this realm are "mortgage … [Read more...]
Transfer VA Appraisal to New Lender
It is important to know that transferring the VA appraisal to another lender after the appraisal was completed is very simple. A VA buyer may start the process with one lender and run into … [Read more...]
Most Common Mistake During Divorce Mortgage
Most Common Mistake a Post Divorce Mortgage There are about 5 or so mistakes I see commonly in post divorce mortgage lending while working with spouses after they have gone through a divorce, but the … [Read more...]
Appraisal Waiver For Purchase or Refinance
What is an appraisal waiver? Are you buying a house, or maybe even refinancing a house and a friend or Realtor has mentioned the use of an appraisal waiver? It is also referenced as a Property … [Read more...]
Bridge Loan Alternative Mortgage Option
Home Listings vs Home buyers The Texas Real Estate market is as crazy as I have seen it in the near 20 years I have been helping families with the financing of their homes. In 2020 and 2021, home … [Read more...]
Calculating Equity Division In Divorce
Equity is calculated by subtracting your mortgage balance from your appraised value. To calculate your equity then, you have to know what your current balance of your mortgage is, and what your … [Read more...]
