How to Remove PMI From Your Mortgage: A Guide for Texas Homeowners
If you bought your home with a smaller down payment, you may be paying private mortgage insurance, often called PMI. It protects the lender, not you, so understandably most homeowners want to stop paying it as soon as they reasonably can. The encouraging news is that PMI is not necessarily permanent. For many homeowners, it […]
The Benefits of a VA Mortgage
The Benefits of a VA Mortgage The primary goal of the VA mortgage program is to make home ownership affordable for qualifying members of the US military and their spouses. There are a number of benefits that a VA mortgage provides in comparison to a conventional mortgage. These are a the benefits of a VA […]
How Much House Can I Afford in Texas? A Buyer’s Budget Guide
Before you start touring homes, it helps to answer one big question: how much house can you actually afford? Setting a realistic budget early keeps your search focused and your finances comfortable long after you move in. It is easy to fall in love with a home that stretches your budget, but the goal is […]
Escrow Accounts Explained: What Texas Homeowners Need to Know
If you have a mortgage, you have probably seen the word escrow on your statements, but it is not always clear what it means. Understanding your escrow account helps you make sense of your monthly payment and avoid surprises down the road. Escrow is one of those behind-the-scenes parts of homeownership that quietly handles some […]
Using Home Equity to Finance Home Improvements
If you are thinking that your home could use some tender loving care by updating or renovating your living space, consider utilizing your home equity. Many homeowners use their home equity to increase the value of their property with home improvements. Adding a pool to the backyard, renovating the kitchen or bathrooms, updating the flooring, […]
Experts Top 5 Reasons You Should Refinance in 2021
Most people don’t think about the fluctuations in the mortgage and housing markets every day, but we do. Let’s examine the trends that make this a great time to refinance in 2021. 1. You can snag an excellent interest rate in 2021 Mortgage interest rates are incredibly low. We are about halfway through the year […]
5 Ways Refinancing Your Mortgage Can Save You Money
One of the best reasons to refinance your mortgage is to save money. There isn’t any reason you should be paying more for your mortgage than necessary. That’s is why looking at the options for refinancing your mortgage is a smart idea. Your finances change over time, and the mortgage terms that were available when […]
How Do Student Loans Impact Mortgage Qualification?
If you have student loan debt, you may be wondering how it will impact your ability to qualify for a mortgage. Buying a home does require some assessment of your financial outlook. There are a few ways that your student loans will require consideration in becoming a homeowner. Let’s take a look at the financial […]
Customer Loyalty Program Benefits
At TexasLending.com we designed the Customer Loyalty program to help us serve you better. If you have previously closed and funded a loan through TexaLending.com, we will apply a $600 credit towards your closing costs to show our gratitude as a return customer. You must have a previously closed mortgage loan through TexasLending.com to qualify […]
How to Prepare for Your First Mortgage
You can help yourself transition into home ownership easier by preparing for your first mortgage. Setting savings goals, minding your credit score, getting pre approved, and knowing how much home you can afford will help you prepare for success. As a new home owner you will definitely learn a few new things. There is no […]
