A mortgage is a specialized loan that's used to purchase a piece of property. In most cases, this is your primary residence. However, you might also use a mortgage to fund a second home or investment property. Your mortgage rate determines how much interest you'll pay...
ROCK MORTGAGE BLOG
Does buying a home still make financial sense?
This is a question that we gets asked daily, my answer is always the same; absolutely yes! Based on what I do for a living some may think it’s self-serving, and they would be correct, but that wouldn’t change my answer. As the founder of Rock Mortgage Services my...
Buyers Save Big with the 2-1 Buydown Program
In today’s market, homebuyers are increasingly interested in the affect that rising interest rates are having on their anticipated monthly payment. Many are shocked to find that rising rates have since increased their anticipated monthly payment by several hundred...
Is a Construction Loan in Houston Harder To Get Than a Mortgage?
If you're thinking about building a house in Houston, Texas, you have many options when it comes to financing your work. A construction loan, for example, can give you the capital you need to get the job done. But how is this loan related to mortgage loans?...
What Are Construction Loans and How Do They Work?
If you have a glorious vision for your next home, it might be best to simply build it yourself. While this process can be rewarding, it's also expensive, and it can be hard to find the necessary funds for labor and materials. Fortunately, many lenders offer private...
What Type of Loan Is Best for Building a House?
As you shop for a house, you might find that existing properties don't line up with your idea of a dream home. Maybe the layouts aren't quite what you're looking for, or perhaps the homes are missing non negotiable elements like a pool. Considering how big of a...
Commonly Used Home Loans In Arlington TX
If you are looking to finance a home, you want to make sure you choose the right one to meet your needs. As the Consumer Financial Protection Bureau points out, all home loan options consist of common elements — the loan term, the interest rate type, and the loan type...
Best Loan Type for Your Next House in Irving, TX
With great schools, quiet neighborhoods, and short drives to both Downtown Dallas and the DFW airport, the Irving area is a great choice for those purchasing a new home in Texas. From high-end neighborhoods like Las Colinas to quiet, older neighborhoods like The...
How to Budget for Buying Your First Home
Buying your first home can be an exciting but intimidating experience. It’s likely one of the largest purchases you’ll make in your life, so it’s important to budget and prepare adequately so that you maintain a cushion in your savings and don’t expose yourself to too...