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FHA Loans in Houston: Lower MIP Costs and 7 Benefits for Homebuyers

The Federal Housing Administration (FHA) has reduced its Mortgage Insurance Premiums (MIP) costs, making FHA loans in Houston more appealing to homebuyers. Learn about the changes, benefits of FHA loans, and their impact on Houston homebuyers.

Tax Deferred Real Estate: A Comprehensive Guide to 1031 Exchanges

Discover the benefits of tax deferred real estate through 1031 exchanges, which allow investors to defer capital gains taxes on their investments. Learn about critical aspects, such as the 1031 timeframe, related party rules, and the process of acquiring a 1031 replacement property. Explore alternative options like DST exchanges and understand the guidelines for selling a 1031 exchange property to maximize your investment potential while minimizing tax liabilities.

Mortgage Interest Rates Today Houston: Navigating the Ever-Changing Market

Mortgage Interest Rates Today Houston: Navigating the Market Key Takeaways Mortgage interest rates in Houston, including current FHA mortgage rates in Texas, are constantly changing. Silver Mortgage, a trusted mortgage lender in Houston, offers personalized assistance to help you understand…

Texas Reverse Mortgage Eligibility Explained: Age, residence etc

Understanding reverse mortgage Texas eligibility is vital for homeowners who are considering this financial option to supplement their income during retirement. By meeting the requirements related to age, homeownership, primary residence, and property type, along with undergoing a financial assessment and counseling session, eligible homeowners can unlock the equity in their homes without the need for monthly mortgage payments. Knowing these criteria ensures that homeowners make informed decisions about whether a reverse mortgage is the right choice for their financial needs.

Maximizing Your Real Estate Investment: DSCR Mortgage Loans

DSCR Mortgage Loans  Debt Service Coverage Ratio (DSCR) mortgage loans are an essential financing tool for real estate investors and business owners, particularly in states like Texas and Florida.  DSCR loans are based on the property's ability to generate income…

Silicon Valley Bank and Mortgage Rates

Silicon Valley Bank and Mortgage Rates. Has the pivot begun? Captain Renault: "I'm shocked, shocked to find that gambling is going on in here!" Janet Yellen: “The reforms that have been put in place mean that we’re not going to…

What’s an Approved Down Payment?

Approved Down Payment. Who Gets to Decide? Had an unusual question from a Texas Real Estate Agent recently. We provided a mortgage pre-qualification form using the document required in the Texas Administrative Code, Title 7: Banking and Securities, Part 4,…

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