If you want to stay up on all things real estate and mortgage related, like this video and if you haven't already subscribe to the channel!
We are constantly keeping you up to date on all things real estate and mortgage!
Today I want to talk about the elephant in the room, mortgage interest rates. What's going on, what's happening? Should I lock? Should I float? Should I wait? Should I execute? We've got a tool on our website called the daily rate lock advisory, to help you feel more comfortable making these decisions based on actual data.
First and foremost, anyone that's telling you unequivocally, that they know what's going to happen with mortgage interest rates, I would personally avoid like the plague.
The truth is no one knows what's going to happen. We can use data to come up with a more educated best guess and that's exactly what this tool does for you. It basically compiles previous current and upcoming financial data to give you a more educated guess on what might come. The Daily Mortgage Rates, Lock Advisory also projects, based on this data, what you should do if you plan on closing in 7, 10, 20, 30, 45, 60 or more days. It's a really excellent tool that kind of summarizes all the noise out there and puts you more in line with what you should be focusing on I'm going to post a link in the description go ahead and check it out and as always feel free to comment below or reach out directly with any questions.
#MortgageRates #MortgageRatesToday #MortgageRatesForecast #MortgageRatesExplained #DailyMortgageRatesAdvisory #HoustonMortgage #TexasMortgage #HTXMTG
For more info on how we can provide you with a successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com=Edward Foy: H Mortgage281-304-6353efoy@HTXMTG.comhttps://www.HTXMTG.com/LTCompetitive Pricing, Quick Approvals, Close On TimeNMLS 310856 / 218762=Subscribe to navigate the homebuying, refinance, or equity loan (HELOC) process with ease: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1
Apply Now: https://www.HTXMTG.com/App
Reviews: https://www.HTXMTG.com/ReviewsRecommended Playlists:Mortgage Tips:https://www.youtube.com/playlist?list=PLTYsNqndW-uRJwDLF45ZiIMJu6s5JpBKV
Mortgage Client Testimonials & Reviews:https://www.youtube.com/playlist?list=PLTYsNqndW-uQ33NpaACeUnvYDnHj0teDb
Videos of Interest:Tap Into Your Home Equity with a Home Equity Line Of Credit (HELOC)https://www.youtube.com/watch?v=4CRXq2CF3aU
The Best Recommendations For Purchasing New Construction From A Builderhttps://www.youtube.com/watch?v=PgkPN_-Quak
Getting Your Mortgage Pre-Approvalhttps://www.youtube.com/watch?v=NCKuNG7lK00=About The Home Equity Network, H Mortgage.We pride ourselves on guiding individuals through the intricate world of real estate & mortgage solutions. Our channel showcases satisfied clients who have successfully navigated the homebuying, refinance, and home equity loan (HELOC) process with our assistance. From insights on purchasing to understanding the nuances of VA Mortgages, our videos aim to educate and empower.With content that resonates with both first-time homebuyers and seasoned investors, we believe in the adage, 'Don't Wait to Buy Real Estate, Buy Real Estate & Wait.'
We Provide Real Estate & Mortgage SolutionsSubscribe: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1=Disclaimer: We do not accept any liability for any loss or damage which is incurred as a result of listening to any of our publications. For all videos on my channel: This information is for general & educational purposes only. Always consult with an attorney, CPA, or financial professional for advice based on your specific situation.Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.© The Home Equity Network, H Mortgage
Congrats to The Sustaita Family, on their first time home purchase!
HTXMTG.com was there to capture this monumental moment as they went through the process of closing on their home.
From finding their home, to the closing ceremony, this was an exciting experience. Hoping that this home will bring them years of happiness – and that the Sustaita Family can share all of the wonderful memories in their home together!
Welcome to your home, sweet home!Congratulations Sustaita Family!
Thanks to Don Carreon: Norma Garcia Realty, Joleen Vanzanden: Pacesetter Properties, Raquel Luna: Priority Insurance, URC2C Processing, and Maria Aly: Valero Title.
Title: Congrats on First Time Home Purchase | HTXMTG.com
#FirstTimeHomePuchase #FirstTimeHomeBuyer #FirstTimeHomeBuyerTips #HoustonMortgage #FirstTimeHomeowner #TexasMortgage #HTXMTG
We Provide Real Estate & Mortgage SolutionsSubscribe: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1=Disclaimer: We do not accept any liability for any loss or damage which is incurred as a result of listening to any of our publications. For all videos on my channel: This information is for general & educational purposes only. Always consult with an attorney, CPA, or financial professional for advice based on your specific situation.Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.© The Home Equity Network, H Mortgage.
Congratulations to The Noris Family, on their first time home purchase!
HTXMTG.com was there to capture the exciting moment as they took possession of their new home – and we’re excited to share the photos and video with you!
From the moment they walked into their new home, to the closing ceremony, this was an unforgettable experience. Here’s to hoping that this home will be a happy one – and that the Noris Family can share all of the good memories in their new home together!Welcome to your new home, sweet home!Congratulations Noris Family!
Thanks to Chanell Roberts: JLA Realty, Jill Bennett: Next Home Realty Center, Priority Insurance, URC2C Processing, and Daisy Llanas: Fidelity National Title.
For more info on how we can provide you with a successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com
In this comprehensive guide, we're demystifying the secrets and complexities surrounding VA Mortgages to empower homebuyers like you.Join us as we decode the intricacies of VA Mortgages and demystifying the process, ensuring you have all the information you need to make confident decisions.From eligibility requirements to navigating the application process, we leave no stone unturned.Our expert team of mortgage professionals share valuable insights, tips, and advice to help you understand the benefits and opportunities available with VA Mortgages. Whether you're a first-time homebuyer or looking to refinance, this ultimate guide will equip homebuyers with the knowledge and resources necessary to achieve your homeownership dreams.Don't miss out on this invaluable resource – watch now!
#VAloans #firsttimehomebuyer #veteransaffairs #VAhomeloans #VAloanprogram #vahomebuyers #HoustonMortgage #TexasMortgage #HTXMTG
2021 Mortgage data shows that the borrowers saved an average of over $9400 in interest and fees by obtaining a wholesale mortgage through a mortgage broker, compared to retail lending options
Data Source: https://bit.ly/3bl33Bs*Comparisons based on conventional conforming 30-year fixed loans for debt-to income ratio 41-45% between top 10 wholesalers and top 10 nonbank retailers; lowincome defined as less than $52,200; interest savings assumes full term of loan.
Title: Retail vs Wholesale Mortgage, Save Thousands | HTXMTG
For more info on how we can provide you with an successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com
#RetailVsWholesaleMortgage #MortgageChoice #MortgageRates #WholesaleMortgage #RetailMortgage #HTXMTG
Even if you were to find your dream home, a home that checks all the boxes, chances are, that six months from now, you’d have a list of things that you could improve
That’s how setting goals works, you always want to improve, right?
When it comes to buying a new home, as difficult as it might be, you want to try to look at things objectively.If you can find 70-80% of what you’re looking for, that’s a win, especially if you can start with a profit an buy your home below market.
Even when interest rates were in the 2-3% range, there were plenty of people waiting for rates to get lower.They waited, not only did rates rise, but so did home prices.I’ve had many clients that who have tried to time the market and ended up having to significantly compromise due to rising home prices.
One of the primary factors in your home search should be to establish and build equityThis can provide you with more leverage to profit from rising home prices to level up and buy your dream home.
My previous video on historically rising home prices, increasing 57% in the last 5 years is linked belowWhen you own a home, you will typically profit from rising home prices, when you don’t, you’re paying rising rent and will have to pay more for a home or possibly get priced out of the market.
Contact me for information on how you can profit from rising home prices to buy your dream home.
#PofitFromRisingHomePrices #BuyYourDreamHome #HomeEquity #HoustonMortgage #TexasMortgage #HTXMTG
I often discuss the importance of comparing mortgage proposals before getting into contract.
An even higher level of importance is the timing of comparing your mortgage proposals.
Mortgage pricing can change multiple times daily, not to mention that the variables that compile your pricing (credit, assets, debt to income ration, etc.) are also constantly updating and changing.
The importance of comparing your mortgage proposals at the same time cannot be overstated.
I recently had a client get a pre-approval from me at the start of the home search.
Approximately 45 days had passed, she found a home, executed a contract then decided to get additional mortgage comparisons.
We had her pre-approved for an FHA mortgage at the contract price point, due to DTI limitations.
Another lender offered a conventional mortgage comparison that she preferred.
Had I not reached out to follow up on the status of her file, she was ready to proceed with this other lender.
Since she overlooked the importance of comparing comparisons at the same time, there were a few issues
1. FHA, VA, USA, Fannie Mae & Freddie Mac guidelines are not lender specific, meaning, if you meet the criteria, you meet the criteria. So unless a lender has Overlays (additional requirements that they place on qualifying) the approval should be universal.
2. Because some time had passed since we had updated and reviewed this specifics of her file, multiple things could've have changed
3. Even if everything had remained the same, simply comparing mortgage proposals on different days and not at the same time, can be lie comparing apples with oranges, let alone comparing mortgage proposals from different lenders.
This further highlights the importance of comparing mortgage proposals at the same time.
The only way that this other lender could possibly have her approved for a conventional mortgage at this price point, would be if something had changed OR if they were using inaccurate information.
After comparing what each lender was using to compile their proposals, using the mortgage application & fee sheets, I realized that our borrower had significantly paid down a credit card balance, reducing her monthly payment by over $300, significantly reducing her Debt To Income Ratio.
Not only did this now make it possible to get the conventional mortgage approval, but I was also beating the other mortgage proposals by almost 1% on the interest rate.
She had already ordered her appraisal with the competing lender.
Luckily, the appraisal had not yet been completed because conventional mortgages don't require that the lender transfer their appraisal, so she would've lost that money.
Had I not reached out to follow up, she would've thought that she had gotten a better deal and would've ended up spending tens of thousands more.
This could've easily been avoided had she simply made me aware of the credit card having been paid down, we would've ordered a credit supplement without having to re-pull credit and would've updated the conventional mortgage comparison.
Investing in real estate can be stressful yet rewarding.
understanding the importance of comparing your mortgage proposals at the same time can help avoid stress and significantly increase your reward.
Comment with your thoughts, like & share this video with someone that it might help and don't forget to click the bell and subscribe for more real estate & mortgage tips.
#ComparingMortgageProposalsAtTheSameTime #ComparingMortgageProposals #MortgageComparison #HoustonMortgage #TexasMortgage #TexasMortgageBroker
Planning on buying a home?
Here are 3 essential homebuying tips to help you prepare:
1. Review your credit:
One of the biggest mistakes I see people make, is putting off a thorough credit analysis until they are 60 days out from when they want to close on a home.
Whether this is you 1st homebuying experience or your 15th, one of the best homebuying tips I can give you is to analyze your credit with a professional sooner than later.
It's quite common for people to think that there are only 1 or 2 things to work on , whether it be saving for down payment or paying down a credit card.
Only for them to later find out that there were 3 other things that they could have simultaneously been optimizing to better their situation.
Optimizing credit can take time, which is why it is vital to know exactly where you stand.
2. Manage your debt:
Debt to income ratio is one of the top reasons for loan denial.
Debt to credit ratios can have significant impact on your credit scores. We can help you assess and optimize these ratios.
3. Contact a mortgage broker:
Few things are as frustrating as being in the 11th hour of a purchase transaction and realizing that you missed an opportunity.
An experienced mortgage broker can help you with all of this, including budgeting and low down payment options.
As always, comment below with your thoughts, please like and share this video if it has been helpful, and don't forget to click the bell and subscribe for more real estate & mortgage tips
Contact me for a no cost mortgage quote and credit analysis.
#HomeBuyingTips #RealEstateAdvice #FirstTimeHomeBuyer #HomeBuyingProcess #HoustonMortgage #TexasMortgageBroker
Have you ever been bombarded with unwanted calls and emails after applying for something?
Understand the role of trigger data and how opting out can protect your privacy.
Learn effective measures to prevent these unwanted calls, emails and solicitations, and maintain your digital privacy.
It only takes a few minutes to opt out of trigger data and prevent these unwanted calls and emails.
By opting out, not only will you help prevent unwanted calls and solicitations, but you will also reduce the likelihood of becoming a victim of the unfortunate by product of trigger data...Fraud and scammers.
The less people that have access to your personal data, the more likely we can prevent you from receiving unwanted calls and solicitations.
For more information, please visit our website: www.HTXMTG.com
Contact us today for information on opting out of trigger data and preventing unwanted calls & solicitations
Like, comment, share, and subscribe
Title: Opt Out Of Trigger Data And Prevent Unwanted Calls | HTXMTG.com
This video explores information on Protect Yourself From Scammers: Opt Out Of Trigger Data And Prevent Unwanted Calls, but it also covers the following topics:
Opting Out Of Trigger Data
Preventing Unwanted Calls
Protecting Personal Data
Real Estate Tips And Insights
#OptOut #triggerdata #unwantedcalls #HTXMTG #HoustonMortgage #TexasMortgage
Skewing tax & insurance figures is just one of many common tactics used to make a loan "appear" more favorable than it actually is.This will cause inaccurate monthly payment and cash to close. Loans
Ever wonder how a lender arrives at mortgage interest rates & terms that they offer? Mortgage pricing is generally risk based. Your credit, income, assets, and occupancy will play vital roles in determining the risk, which leads to the pricing, mortgage interest rate and terms of your loan.
#mortgagepricing #interestrates #loanterms #riskbasedpricing #mortgageinsights #loanconditions
Three things that you can do today to start improving your credit.
1. www.RentReporters.com : report rental history to your Equifax and Transunion bureaus. They also have a money back guarantee
2. www.ExperianBoost.com : Add utility, cell phone, cable bills to your Experian bureau
3. www.ecredable.com : Add utility, cell phone, cable bills to your Transunion bureau
Comment below with your email address if you would like me to send you the "Quickly Improve Credit" email containing all of this information and more tips to optimize credit with little to no cost.
#QuicklyImproveCredit #ImproveCreditScoreQuickly #CreditOptimization #BadCredit
For more info on how we can provide you with a successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com = Edward Foy: H Mortgage ??efoy@HTXMTG.com ??281-304-6353 Competitive Pricing, Quick Approvals, Close On Time NMLS 310856 / 218762 = ??Subscribe to navigate the homebuying, refinance, or equity loan (HELOC) process with ease: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1
??Socials, Links, Website: http://www.HTXMTG.com/LT
??Apply Now: https://www.HTXMTG.com/App
??Reviews: http://www.HTXMTG.com/Testimonials
?Recommended Playlists: ??Mortgage Tips: https://www.youtube.com/playlist?list=PLTYsNqndW-uRJwDLF45ZiIMJu6s5JpBKV
??Mortgage Client Testimonials & Reviews: https://www.youtube.com/playlist?list=PLTYsNqndW-uQ33NpaACeUnvYDnHj0teDb
?Videos of Interest: ??Tap Into Your Home Equity with a Home Equity Line Of Credit (HELOC) https://www.youtube.com/watch?v=4CRXq2CF3aU
??The Best Recommendations For Purchasing New Construction From A Builder https://www.youtube.com/watch?v=PgkPN_-Quak
Home Equity Explained:Home equity refers to the value of ownership that homeowners have built up in their homes over time. It is the difference between the current market value of a home and the remaining balance on the mortgage or other liens against the property. In simpler terms, it's the portion of your home that you truly own, free and clear of any debts.
Here's a formula to calculate home equity:Home Equity = Market Value of Home - Outstanding Mortgage Balance (any liens)
For example, if your home is currently worth $300,000 and you still owe $200,000 on your mortgage, your home equity would be $100,000 ($300,000 - $200,000).
#HomeEquityExplained #WhatIsHomeEquity #CalculateHomeEquity#HomeEquityLoan #HELOC #HoustonMortgage #HoustonRealtor #MortgageBroker #TXMortgage #TxMortgageBroker #MortgageRates #VAmortgage #JumboMortgage #FirstTimeHomeBuyer #CompareMortgageLenders
The Best Ways To Increase Home Equity Exponentially:Hopefully you & your team of real estate professionals helped establish a strong equity position by skillfully negotiating the terms of your mortgage and home purchase.Now, how can we leverage that into building more equity exponentially?
Here are a few ways to accelerate Equity growth in Your Home:
• Making additional payments toward your mortgage principal• Paying Down and Reducing high-interest debt outside of your mortgage can free up funds to put toward your mortgage principal.• Renovations and improvements that increase your home's value can boost equity. However, be mindful of over-improving for your neighborhood.Some of the most cost-effective home improvements are HVAC and garage door updates. I’ll be posting a video on most cost effective home improvements next week.
Remember: building home equity takes time, and market conditions can affect property values. It's essential to manage your finances wisely and make informed decisions about how to build and use your home equity.I’m always here to help.
#HowToIncreaseHomeEquity #BuildEquity #HomeEquityLoan #HELOC #HoustonMortgage #HoustonRealtor #MortgageBroker #TXMortgage #TxMortgageBroker #CompareMortgageLenders
The strong job growth in the United States, adding 336,000 jobs, has both positive and negative implications. On the positive side, it benefits the labor market. However, it also signals a hot economy to the Federal Reserve, potentially leading to measures like interest rate hikes, which, in turn, have caused 30-year mortgage rates to reach a 23-year high of 7.84%. The real estate market is under pressure due to elevated rates, causing economic anxiety, and it's expected to lead to a decline in home sales.
The one bright spot in the job report is that wage growth has slowed, which could help slow inflation. However, the continued high interest rates are damaging various sectors of the economy, and some experts suggest the Fed should consider cutting rates next year to achieve a soft landing. Despite high interest rates, home prices continue to rise due to low housing inventory. This suggests that as long as people need housing, prices will likely keep increasing. While some potential homebuyers are holding off, it may provide opportunities for negotiation in the limited inventory.The advice is to buy a home if you can afford it, with the option to refinance if interest rates drop in the future.
#HowJobGrowthImpactsHomebuyers #JobGrowth #HomeBuyers #HousingSituation #RealEstate #EconomicGrowth #HousingMarket #HTXMTG
A professional's abilities are best graded by the recipients of the service provided.
Research what our clients have to say about working with us.
Google search "HOMEQNET", then give us a call and let us show you how we can help.
We look forward to working with you.
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Real Estate & Mortgage Solutions
The Home Equity Network
281-304-6353
NMLS 310856 / 218762
info@HOMEQNET.com
www.HOMEQNET.com/LT
#HoustonMortgage #HoustonRealtor #HoustonRealEstate #HoustonHousingMarket #AustinMortgage #AustinRealEstate #AustinRealtor #AustinHousingMarket #DallasMortgage #DallasRealtor #DallasRealEstate #DallasHousingMarket #SanAntonioMortgage #SanAntonioRealtor #SanAntonioRealEstate #SanAntonioHousingMarket
#TXMortgage #TexasRealEstate #TexasHousingMarket #MortgageRates #VAmortgage #JumboMortgage
#thehelpfulLO #home #house #homeowners #househunting #themoreyouknow #beprepared #investment #icanhelp #realestate
A professional's abilities are best graded by the recipients of the service provided. Research what our clients have to say about working with us. Google search "HOMEQNET", then give us a call and let us show you how we can help. We look forward to working with you. https://loom.ly/mutGi9c _ Real Estate & Mortgage Solutions The Home Equity Network 281-304-6353 NMLS 310856 / 218762 info@HOMEQNET.com www.HOMEQNET.com/LT _ #HoustonMortgage #HoustonRealtor #HoustonRealEstate #HoustonHousingMarket #AustinMortgage #AustinRealEstate #AustinRealtor #AustinHousingMarket #DallasMortgage #DallasRealtor #DallasRealEstate #DallasHousingMarket #SanAntonioMortgage #SanAntonioRealtor #SanAntonioRealEstate #SanAntonioHousingMarket #TXMortgage #TexasRealEstate #TexasHousingMarket #MortgageRates #VAmortgage #JumboMortgage #thehelpfulLO #home #house #homeowners #househunting #themoreyouknow #beprepared #investment #icanhelp #realestate
A professional's abilities are best graded by the recipients of the service provided.Research what our clients have to say about working with us.Google search "HOMEQNET", then give us a call and let us show you how we can help.We look forward to working with you.https://loom.ly/mutGi9c_Real Estate & Mortgage SolutionsThe Home Equity Network281-304-6353NMLS 310856 / 218762info@HOMEQNET.comwww.HOMEQNET.com/LT_#HoustonMortgage #HoustonRealtor #HoustonRealEstate #HoustonHousingMarket #AustinMortgage #AustinRealEstate #AustinRealtor #AustinHousingMarket #DallasMortgage #DallasRealtor #DallasRealEstate #DallasHousingMarket #SanAntonioMortgage #SanAntonioRealtor #SanAntonioRealEstate #SanAntonioHousingMarket#TXMortgage #TexasRealEstate #TexasHousingMarket #MortgageRates #VAmortgage #JumboMortgage#thehelpfulLO #home #house #homeowners #househunting #themoreyouknow #beprepared #investment #icanhelp #realestate
Acceptable documentation for assets.The difference between down payment and cash to closeLike, comment, share, and subscribe www.YouTube.com/@HOMEQNET?sub_confirmation=1Contact us with any questions._Real Estate & Mortgage SolutionsThe Home Equity Network281-304-6353NMLS 310856 / 218762info@HOMEQNET.comwww.HOMEQNET.com/LT_#HoustonMortgage #HoustonRealtor #HoustonRealEstate #HoustonHousingMarket #AustinMortgage #AustinRealEstate #AustinRealtor #AustinHousingMarket #DallasMortgage #DallasRealtor #DallasRealEstate #DallasHousingMarket #SanAntonioMortgage #SanAntonioRealtor #SanAntonioRealEstate #SanAntonioHousingMarket#TXMortgage #TexasRealEstate #TexasHousingMarket #MortgageRates #VAmortgage #JumboMortgage#thehelpfulLO #home #house #homeowners #househunting #themoreyouknow #beprepared #investment #icanhelp #realestate
Congratulations to The Davis Family on their home purchase!Thanks to Cheryl Windom: CR Elite Realty, Bruce Ham: Keller Williams Metro, Priority Insurance, and Capital Title_Real Estate & Mortgage SolutionsThe Home Equity Network281-304-6353NMLS 310856 / 218762info@HOMEQNET.comwww.HOMEQNET.com/LT_#HoustonMortgage #HoustonRealtor #HoustonRealEstate #HoustonHousingMarket #AustinMortgage #AustinRealEstate #AustinRealtor #AustinHousingMarket #DallasMortgage #DallasRealtor #DallasRealEstate #DallasHousingMarket #SanAntonioMortgage #SanAntonioRealtor #SanAntonioRealEstate #SanAntonioHousingMarket#TXMortgage #TexasRealEstate #TexasHousingMarket #MortgageRates #VAmortgage #JumboMortgage #thehelpfulLO #home #house #homeowners #househunting #themoreyouknow #beprepared #investment #icanhelp #realestate
Purchase a 2-4 unit property with an FHA Mortgage At least 1 applicant must occupy 1 of the units As little as 3.5% down Cover housing expense and earn income from remaining units. _ Real Estate & Mortgage Solutions The Home Equity Network 281-304-6353 NMLS 310856 / 218762 info@HOMEQNET.com www.HOMEQNET.com/LT
#HoustonMortgage #HoustonRealtor
#HoustonRealEstate
#HoustonHousingMarket #AustinMortgage #AustinRealEstate #AustinRealtor #AustinHousingMarket
#DallasMortgage
#DallasRealtor #DallasRealEstate
#DallasHousingMarket
#SanAntonioMortgage #SanAntonioRealtor #SanAntonioRealEstate
#SanAntonioHousingMarket #TXMortgage #TexasRealEstate #TexasHousingMarket #MortgageRates #VAmortgage #JumboMortgage #thehelpfulLO #home #house #homeowners #househunting #themoreyouknow #beprepared #investment #icanhelp #realestate
Finding the most efficient way to your destination requires knowing precisely where you stand. Here are just a few reasons why you should get pre-approved now, regardless of when you plan on purchasing a home. _ Real Estate & Mortgage Solutions The Home Equity Network 281-304-6353 NMLS 310856 / 218762 info@HOMEQNET.com www.HOMEQNET.com/LT
Hard Credit Inquiries can drop your score by up to 10 points each time Don't shop your way out of an opportunity Err on the side of caution Take advantage of soft pulls _ Real Estate & Mortgage Solutions The Home Equity Network 281-304-6353 NMLS 310856 / 218762 info@HOMEQNET.com www.HOMEQNET.com/LT
Average apartment rents in Houston have climbed 12 percent since 2019, almost $1300/month.
Average home price in Houston is at an all-time high of $411,000. Although the number of homes selling are declining, prices aren't, and homes priced below $300k are selling rapidly. With rising interest rates, a lot of people that decided to "time the market" are now priced out of the market.
Although a drop in interest rates may help you qualify for more home, it doesn't seem likely. With rates and home prices increasing, waiting will likely continue to price people out of the market, simply leaving them with higher rent to pay. What's the interest rate on rent?
Edward Foy The Home Equity Network 281-304-6353 info@HOMEQNET. com www.HOMEQNET.com/LT NMLS 310856 / 218762 _
Employment history plays a vital role in qualifying for a mortgage, but there are many common misconceptions.Don't miss out on an opportunity due to lack of understanding.
Contact us with any questions.Like, comment, share, and subscribe https://youtube.com/@HOMEQNET?sub_confirmation=1_Real Estate & Mortgage SolutionsThe Home Equity Network281-304-6353NMLS 310856 / 218762info@HOMEQNET.comwww.HOMEQNET.com/LT
_ #HoustonMortgage #HoustonRealtor
#HoustonHousingMarket #AustinMortgage
#AustinRealEstate #AustinRealtor
#AustinHousingMarket #DallasMortgage
#SanAntonioMortgage #SanAntonioRealtor
#SanAntonioRealEstate
#SanAntonioHousingMarket #TXMortgage #TexasRealEstate
#TexasHousingMarket #MortgageRates
#VAmortgage #JumboMortgage #thehelpfulLO #home #house
#homeowners #househunting
#themoreyouknow #beprepared
#investment #icanhelp #realestate
Purchasing a home can be a very emotional experience, understandable so, given it is many people's largest investment.Here are a few things to avoid during the process, that will help make it more seamless.Contact us with any questions.Like, comment, share, and subscribe https://loom.ly/rq9egDI_Real Estate & Mortgage SolutionsThe Home Equity Network281-304-6353NMLS 310856 / 218762info@HOMEQNET.comwww.HOMEQNET.com/LT
Confirming loan limits increased to $715k
A DSCR loan is a great option for investors. Approved using prospective monthly rental income Finance up to 20 properties Loan amounts up to $2M Eligible for short-term and long-term rentals Up to 80% LTV _ Real Estate & Mortgage Solutions The Home Equity Network 281-304-6353 info@HOMEQNET.com www.HOMEQNET.com/LT _ #HoustonMortgage #HoustonRealtor #TXMortgage #MortgageRates #VAmortgage #JumboMortgage
A 2/1 buy down lowers your interest rate by 2 points in your first year and 1 point in your second year. Sounds great right? There's a cost, which can be paid by the seller, but those seller concessions might be better allocated. Know your options before choosing what's right for you. _ 281-304-6353 www.HOMEQNET.com/LT NMLS 310856 / 218762 _ #HoustonMortgage #HoustonRealtor #TXMortgage #MortgageRates #VAmortgage #JumboMortgage
Want to purchase or refinance your home but aren't sure how to get started?