Monthly Archives: July 2013

The Advantages of a Single-Close Construction Mortgage

Posted ago by Cary Cox

ShareWith the tight-supply of homes in the Houston, Austin, Dallas, and San-Antonio market-places many are choosing the option of buying a lot or a tear-down home and building their dream home. There are several advantages to building your own home …

Flood Insurance & Obtaining a Mortgage

Posted ago by Cary Cox

ShareIf your property is located in a flood zone you will have to obtain flood insurance in order to obtain a mortgage. The mortgage lenders will require that the flood policy remain in effect at all times. Even if your …

Higher Mortgage Rates Take a “Bite”

Posted ago by Cary Cox

ShareExisting home sales came out today at the worst month over month drop in over a year. The mortgage industry  saw this coming and it was easy on our part. Mortgage applications have been falling like a rock since May due …

Houston Home Sales Sizzling in June

Posted ago by Cary Cox

ShareAs always we are happy to share the housing information for the Houston area through our membership in The Houston Association of Realtors. Houston is the leading real estate market in the nation with Austin coming in second place. The …

Qualifying For an FHA Mortgage

Posted ago by Cary Cox

ShareThere are different qualifying criteria for different types of each mortgage product. It is important that you know the important criteria for the mortgage product you select. Of a conventional mortgage, jumbo mortgage, super-jumbo mortgage, the FHA mortgage is the …