As a Houston Resident, here are 10 First Time Home Buyer Tips to consider: #1 First Time Home Buyer Tips: Get the Facts There is only one advocate for your family in the housing search, and that is you! So to start off the list of first time home buyer tips: getting...
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...
Elevate Your Homebuying Experience: Unveiling the 5 Key Advantages of an FHA Home Loan Many barriers can stand in the way of obtaining a mortgage to finance a home purchase. Your credit score, debt-to-income ratio, and down payment amount can all prevent you from...
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...
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...
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...
Mortgages have been around since the late 1800s and they were primarily made by your local banker; the vast majority of these loans were 1–5-year terms with 50% down and your rate was rarely fixed. That all changed in 1934 when the government got involved and created...
When purchasing a home, buyers face a lot of decision points that affect the amount they will spend for the life of their loan such as school districts, siding and one story or two. However, selecting a licensed mortgage lender will be the most critical decision for...
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.
Recent Comments