RECENT BLOG POSTS
Some great changes are coming to Fannie Mae loans on July 29, 2017. This benefits Texas homebuyers by allowing more people to qualify under more flexible guidelines. Fannie Mae recently announced new changes to its Desktop Underwriter® (DU®) Version 10.1 in order to make underwriting easier and s...
06/23/2017
Dallas Reverse Mortgage for Purchase or refinance cash out in Texas. Home buyers 62 years of age or older are now eligible to purchase a Texas primary residence and make no mortgage payment for life, taxes and insurance payments are required. What better way to enjoy your retirement than in your ...
06/20/2017
Reverse Mortgage for Purchase in Texas. Home buyers 62 years of age or older are now eligible to purchase a Texas primary residence and make no payment for life. What better way to enjoy your retirement than in your own comfortable home with very flexible payment options. Texas home owners are no...
06/16/2017
Your Guide to the HomeStyle Renovation Loan If you are having trouble finding your perfect home in the perfect neighbor, the Homestyle renovation loan could be the perfect solution for you. Many homebuyers are finding it difficult to find a home that is move-in ready. Why not find an acceptable h...
06/16/2017
5 reasons you may want to refinance your Texas home this year. I know the market well and McKinney home owners can save thousands by refinancing, especially exiting FHA home owners.Mortgage rates are near historical lows, but could climb. The Federal Reserve raised the Prime Rate this year and ma...
06/09/2017
If you are a first-time homebuyer you may not even know how to get started. If you’re even thinking about becoming a first-time homebuyer, then you actually have started the process. Becoming a first-time homebuyer does require you to do a little homework and make a commitment. It can also help y...
06/08/2017
Top 10 Things You Should Know About Your Mortgage When Going Through a DivorceDivorcing clients have many questions when going through a divorce; especially when real estate and mortgage financing are involved. Here are ten top things every divorcing client should take into consideration when dea...
06/02/2017
How to qualify for a home loan with student loan debt.If you are trying to purchase a home and you have a significant amount of student loan debt this could be a problem qualifying for the home you want. Current FHA guidelines require that lenders use 1% of your current student loan debt as your ...
05/21/2017
Divorce and Your Mortgage If you are going through a divorce, separated, or considering a divorce and you own a Texas home together with a mortgage then there will be issues that need to be addressed. The vast majority of loan officers are ill prepared to help effectively and if they are not a Te...
05/20/2017
FHA Home Loan An FHA home loan is (Federal Housing Administration) is a loan backed by the U.S. Department of Housing and Urban Development (HUD) for first time home buyers in Plano Texas. Not only are FHA home loans are a viable option for many Plano, Texas first time home buyers, they are even ...
05/19/2017
Rainmaker
124,564

Richard Woodward NMLS#217454

Service Beyond Expectations! Your Texas Lender
7711 San Jacinto Place, Ste 100 Plano, Texas 75024
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