Cash-Out Refinance in Texas: 2023 Rules & Requirements Imagine you’ve got some significant expenses looming on the horizon, are looking to renovate your home to increase its value or want to pay off mounting credit card debt but don’t want to take on any additional loans. You’ll need… Read Full Article Share FacebookTwitterLinkedIn
The Investor’s Guide to Financing an Airbnb Property Most of us have stayed in vacation rentals at some point. The concept is simple enough; private property owners, often referred to as hosts, rent out living spaces to travelers looking for somewhere to stay. When online marketplaces for vacation… Read Full Article Share FacebookTwitterLinkedIn
Understanding the Pros & Cons of Adjustable Rate Mortgages Buying a first house is an exciting and nerve-wracking process. Not only are you picking the place to call home for life’s next chapter, but it’s also one of the biggest and most financially burdensome undertakings most people experience. Very… Read Full Article Share FacebookTwitterLinkedIn
What Is a High-Balance Loan? A high-balance loan — also referred to as a conforming high-balance loan or a super-conforming loan — is given to home buyers in high-income areas. It exceeds national conventional loan limits but meets local loan limits. Unlike jumbo loans, high-balance… Read Full Article Share FacebookTwitterLinkedIn
Mortgages 101: Fixed-Rate Mortgages vs. Adjustable-Rate Mortgages When shopping for a mortgage, you should first understand the two main options that are available: fixed-rate mortgages or adjustable-rate mortgages. Adjustable-rate mortgages are known for their low initial costs, while fixed-rate mortgages have a reputation for providing borrowers with… Read Full Article Share FacebookTwitterLinkedIn
The Ultimate Guide to Jumbo vs. Conventional Loans For any home buyer, navigating the mortgage loan process can often be difficult, but it doesn’t have to be. The first step is learning about each option and deciding which is right for you. Jumbo and conventional loans are two… Read Full Article Share FacebookTwitterLinkedIn