Student loans provide a pathway for many students to afford a college education. However, too much debt can make it hard to qualify for a mortgage. Fortunately, an FHA loan Houston is easier to qualify for than a conventional mortgage. Student Loans: How They Affect...
FHA Loans If you’re a first time home buyer or have a lower than average credit score, an FHA loan may be a great option for you. These loans have lower down payments, but additional stipulations, so it’s important to know what makes FHA loans different from...
Many homebuyers fear there is no way to get a decent home without a20% down payment and a glowing credit historyHowever, This isn’t always true. For years, homebuyers have leveraged the FHA loan program to purchase homes with minimal cash down payments. With a...
In this blog series, the Certified Residential Mortgage Loan Officer from Rock Mortgage explain the questions they ask every mortgage applicant, why it’s important for the success of their application and how it effects the amount they will pay as a homeowner....
An FHA loan is a type of home loan that’s insured by the Federal Housing Administration (FHA). These types of loans are particularly popular with first-time homebuyers, as they only require a minimum down payment of 3.5 percent and a minimum credit score of 580. If...
A mortgage lender is any financial institution that offers home loans. For most first-time homebuyers, mortgage lenders are synonymous with the home buying process. This is because most potential homeowners don’t have the cash on hand to purchase a home in full. There...
With the VA Interest Rate Reduction Refinance Loan, the heroes of our nation have access to the lowest interest rates in the mortgage industry. In a falling interest rate environment, refinancing your current mortgage for a lower interest rate could save you thousands...
Private lenders, such as Rock Mortgage, can issue an FHA Loan Houston to qualified buyers who may have difficulty getting a mortgage. FHA loans’ biggest benefits are that they are easier to qualify for and have lower down payment requirements than conventional...
FHA loans are one of the most popular loans for homebuyers because they have various benefits such as: Having low requirements Being insured by Federal Housing Administration (FHA) Lower down payments (allowing you to borrow up to 96.5% of the home’s value) But can...
A mortgage insured by the Federal Housing Administration can help you buy a home with less-than-perfect credit and a down payment as low as 3.5%. The government backing of these loans allows lenders to offer financing to borrowers who may not qualify for conventional...
Introduction: In today’s ever-changing economic landscape, prospective homebuyers may be hesitant to enter the market when faced with interest rates around 6%. However, even at these rates, purchasing a home can still be a smart financial move. In this blog...
Buying A Home 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...
Rock Mortgage Services, LP (NMLS 857682) is an Equal Housing Lender that treats our customers like family and does everything with the customers best interest in mind.
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