Recently, in Frisco, we have seen the new Fannie Mae Home Path Mortgage Program pick up steam. Fannie Mae owned homes that are eligible for this program will have this logo on the listing. We … [Read more...]
FHA Changes Up Front Mortgage Insurance and Monthly Video
If you are wondering what the actual changes are within the new changes regarding FHA purchase loans or refinance loans, I explain them in this video. Additionally, I explain when the deadline is for … [Read more...]
USDA Home Loans Begin Funding and Reinstatement With Changes
The United States Department of Agriculture and Rural Development has finally come to a consensus that American Home Buyers have been waiting on...in my area, Frisco, Prosper, McKinney, and Little Elm … [Read more...]
Free: 2 Most Common Mis-Budgeted Critical Changes When Buying a Home
Critical Budgeting Audio...HEAR ME SPEAK Most people who are looking to buy a home in the next 1 month to a year forget some of the most important budgeting items as their excitement for … [Read more...]
Evidence of Success Refinances in DFW and Collin County
The very common question that I receive in this hoard of refinances right now is, "what amount of rate reductions is it that makes it more likely I can refinance and it make sense?" To really answer … [Read more...]
What Is a POINT in Mortgage Terms
Any time I get into a conversation with someone about mortgage, whether they are my client or someone just talking about a past or future loan, at some point I feel the responsibility to say, "be … [Read more...]
Thinking of Refinancing or Need to Purchase Home Soon with a Mortgage but Wonder About Your Credit
As an experienced Loan Officer in the industry, you never stop getting surprised on how even some of the most intelligent perceive how credit reports are derived. If you are thinking about a … [Read more...]
Jumbo Loan Information for Buying a Home
What is the specific variable or breaking point that makes a home loan go from not jumbo (conforming) to jumbo (conforming), when talking about mortgages? A conforming loan is one that … [Read more...]
National Foreclosures Bad but Frisco McKinney Area Home and Job Market Good
We all know someone in Frisco, Plano, or McKinney that has bought a foreclosure, even if you are not in Real Estate or Mortgage. From January to end of March this year, foreclosures represented 31% … [Read more...]
Obama Signs for First Time Home Buyer Tax Credit Extension
As usual, roomers fly about expectations. Then, it's it put into motion. Then, it's signed and accepted. Obama used the Homebuyers Assistance and Improvement Act of 2010 to extend the date in which … [Read more...]
