Low Down Payment – Jumbo Mortgage

The jumbo property market in Texas is in much better shape than most markets around the country. However, sales are still slow in the upper end for a few reasons. But, one of the least discussed is the large down payment and reserve requirements for jumbo mortgages....

No Equity? – Still want to Refinance

Homeowners with little or no equity in their homes still have time to take advantage of the Government’s Home Affordable Refinance Program. The HARP program is designed for borrowers with underwater mortgages but who are otherwise qualified and responsible borrowers. ...

How Do I Find The Best Jumbo Texas Mortgage Rates?

Non-conforming loans or Jumbo loans are loans with higher dollar amounts which may not be sold to Fannie Mae or Freddie Mac. A Texas Mortgage that is above the conforming loan limit of $417,000 for the year 2010 is considered to be a Jumbo loan. Non-conforming Texas...

Want to Buy a Home at a 50% discount?

The Good Neighbor Next Door Sales (GNND) program is a federal revitalization initiative through HUD that provides homeownership at a substantial discount to qualified buyers.  Under this Texas  Home Loan program, HUD offers a 50% discount on the list price of a...