Types of Houston Mortgage Loans

Just as with any big city, Houston mortgage loan offers are plentiful but it can be time consuming to sort through them all as not all loan types will be appropriate for your goals. Understanding the different types of mortgage loans available will help you better pinpoint offers that will comply with your requirements.
Types of [...]

How Bi-Weekly Payments Can Pay off Your Mortgage Faster

Biweekly payments seem to be the fad of the moment. Everyone’s talking about how great they can be for paying your mortgage off faster. Some companies are even charging exorbitant fees to show you how good they can be for reducing your debt.
But do you know why they’re such a good idea?
Did you know there’s [...]

Five Factors of Credit Scoring

Credit scores are comprised of five factors. Points are awarded for each component, and a high score is most favorable. The factors are listed below in order of importance.
1. PAYMENT HISTORY – 35% IMPACT
Paying debt on time and in full has the greatest positive impact on your credit score. Late payments, judgments and charge-offs all [...]

What to Look For In Your Houston Mortgage Quote

Once you have a handful of Houston mortgage quotes, it can be difficult to figure out which one will work best for you. Most likely, they will each have different terms and deciding which ones fit best with your situation can be confusing.
Fortunately, you don’t have to be daunted by this task. With a little [...]

Find the Best Houston Mortgage Rates

Whether you’re purchasing a home for the first time, are trying to upgrade to a larger place, or want to refinance the home you currently have, if you live in Houston you’re probably looking for the best Houston mortgage rates that you can find. Fortunately, comparing the different rates available to you can be quick [...]

Houston Mortgage Calculator

If you’re thinking about mortgages in Houston, a mortgage calculator could be the ideal way to prepare yourself.
Most people assume mortgage calculators will simply tell them how much they’ll pay on repayments each month. While this is true, there are many more uses for these handy tools.
Borrowing Capacity
Some mortgage calculators are able to calculate how [...]

Two Key Factors in Qualifying for a Home Loan

When a lender makes a decision about a mortgage application, they consider two basic factors: your ability and willingness to repay the loan.
Ability to repay the mortgage is determined by verifying your current employment and analyzing your total income. Lenders prefer for you to have been employed at the same place for at least [...]