by Billy Evans | Dec 6, 2022 | Mortgage Loans
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...
by Billy Evans | Oct 7, 2022 | FHA Loans, Mortgage Loans
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...
by Billy Evans | Jun 3, 2022 | Mortgage Loans
There are many reasons that someone may wish to refinance their mortgage. With today’s home values rising sharply, an increasingly popular reason is to borrow against a portion of the equity in your property to convert it to cash. This is commonly referred to...
by Mike Ogg | Dec 16, 2020 | Conventional Loans
The Credit Score System Could Accurately Predict the Outcome of 70% of all Loans Credit bureaus have been around for well over 100 years, but credit scores have only been around since 1989. I got into the consumer finance industry in 1987, back then all we knew was...
by Billy Evans | Nov 9, 2020 | Jumbo Loans
If you’re looking to purchase a home on the more expensive side of the spectrum it’s possible that you will need to utilize a Jumbo Loan. This is a mortgage product that exceeds the conforming loan limits set forth by the Federal Housing Finance Agency. In Texas, this...
by Billy Evans | Oct 29, 2020 | FHA Loans, Jumbo Loans, Mortgage Loans, Texas Cash Out Loans
With mortgage rates at historical lows, you may have heard friends, family, or coworkers talking about how they’re taking advantage by refinancing their existing mortgage. Does this mean that everyone with a mortgage should call their favorite mortgage broker and...
by Billy Evans | Oct 29, 2020 | Conventional Loans, FHA Loans, First Time Home Buyer, Jumbo Loans, Mortgage Loans, Texas Cash Out Loans, VA loans
When you are purchasing or refinancing a home it is important to shop your mortgage rates among multiple companies to find the best deal. The mortgage industry is a highly competitive industry with each company trying to offer their best deal to earn your business...
by Mike Ogg | Aug 19, 2020 | Conventional Loans, FHA Loans, First Time Home Buyer, Jumbo Loans, Mortgage Loans, Texas Cash Out Loans, VA loans
Refinancing is something homeowners often consider a few years into their mortgage can be a great way to achieve better interest rates, lower monthly payments, and gain more desirable terms. However, depending on your specific situation, refinancing could do more harm...
by Billy Evans | Aug 19, 2020 | Mortgage Loans
Financial advisors all over America are referring homeowners to mortgage companies like Rock Mortgage to discuss cash out refinance options because they know how difficult it is to create wealth while carrying around large amounts of consumer debt. Not all debt is...
by Mike Ogg | Jul 14, 2020 | Mortgage Loans
With mortgage rates at all time lows, it may be the right time for you to refinance your existing mortgage. As of the today (06/15/2020), the 30-year rate is sitting at 2.875% to 3.250% depending on your credit score and equity in your home. If your current rate is...
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