Mortgage Loan Assumption At a Glance Mortgage Loan assumption lets a buyer take over the existing mortgage Government-backed loans offer more flexible assumption options Conventional fixed-rate loans rarely permit assumptions Adjustable-rate mortgages may become assumable Non-sale inheritance transfers can bypass…
Learn How to Get a Mortgage to Buy a Home if You're a Self-Employed Permanent Resident (US) in Texas or Florida Key Points: Permanent residents can obtain a mortgage in Texas or Florida Self-employed individuals can show their income using…
Houston mortgage rates are significant in home-buying and refinancing because they directly influence monthly mortgage payments. To help you navigate the complex mortgage rates and make informed decisions, we have developed a practical guide showcasing five simple steps to unlock…
The Doctor Loan If you're an aspiring homeowner and a medical professional, then the Doctor Loan might be just what the doctor ordered. Steve Silver here, and today, we'll discuss a unique mortgage product explicitly tailored to doctors: the Doctor…
Choosing between fixed-rate and adjustable-rate mortgages is one of the most significant decisions when selecting a mortgage. Today, let's explore the key factors to consider when choosing between fixed-rate and adjustable-rate mortgages, including your financial goals, current interest rates, monthly…
Mortgage Rates Today Houston: Unlock the Secrets to the Best Rates is your go-to guide for securing Houston, Texas's most competitive mortgage rates. Specifically, let's focus on how to get the best mortgage rates today in Houston. We have compiled…
How much home can I afford based on my salary? It's one of the most important questions when shopping for a new home. Let's explore a few essential factors determining "How Much Home Can I Afford Based on My Salary,"…
Seller Concessions Pros and Cons Seller concessions can make a home purchase more affordable for buyers, but can also impact the seller's profit and appraised value. Let's explore the pros and cons of seller concessions, negotiating for benefits, limits by…
First Time Home Buyer in Texas is someone purchasing a home for the first time or someone who hasn't owned a home for at least three years. With so many different loan programs, down payment options, and confusing phrases like…
Mortgage Escrow Account – Key Takeaways A mortgage escrow account, or a “bank escrow,” is a financial buffer for property taxes and insurance payments. The money in the account technically belongs to the borrower but is managed by the lender.…
