FHA Conventional and VA Home Loan Limits Starting the new year off in 2019, we now have new higher maximum loan limits in the mortgage industry. FHA Loan Limit The maximum FHA loan you … [Read more...]
Mortgage Qualification Basics
Minimum Credit Score Requirements Many people still believe that qualifying for a mortgage takes a miracle...ok, not a miracle, but they think it requires near perfect credit scores. This is … [Read more...]
Difference Between FHA and Conventional Mortgage
Conventional Mortgage vs FHA Mortgage Often times the first question that comes up with new clients, especially first time buyers, what is the difference between an FHA Mortgage and a Conventional … [Read more...]
Home Purchase Affected by Government Shutdown
Government Shutdown Affects Conventional and Government Loans (scroll to the bottom of this message in the comment section for updated information since original post was published...some of this … [Read more...]
Mortgage After Bankrutpcy Foreclosure or Shortsale
When can I buy or refinance my home after a foreclosure, shortsale, bankruptcy chapter 7 or 11, or after a modification? There are different times in which one must wait before they can apply for a … [Read more...]
Best Low Down Payment Options
Home Buyers and First Time Home Buyers Low Down Payment Options Home buyers, and more specifically, First Time Home Buyers often ask what the best options in mortgage are for the lowest down payment … [Read more...]
Why is 20% Down Payment the Best
Why is 20% Down the Best Mortgage with the best rate? Home buyers in Texas putting up 20% down payment on the purchase of their home can get the best mortgage at the best rate. But why? Why, since … [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...]
Flower Mound Mortgage At The Best Rate
Frisco's own, Your Mortgage Guy For Life, extends his long experienced lending roots to Flower Mound Texas, where the corporate office is located. If you are looking for the perfect home loan or … [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...]