TexasLending.com Says Second Mortgages are Right Choice for Many Homeowners

Texas LendingQ: Is there one standard type of second mortgage available to homeowners?

TexasLending.com: Second mortgages come in a number of different varieties and have been used for many reasons. One item of note: Second mortgages are often referred to as “second liens.” In essence, a second mortgage allows a homeowner to sell his or her home or qualify for a better rate on a first mortgage.

Q: Why is a second mortgage so valuable for certain homeowners?

TexasLending.com: Clients often find that a second mortgage can be a vital tool in terms of affording a home and living the life of their dreams. Texas Lending stands apart from other mortgage leaders in the state by leveraging our extensive experience with offering second mortgages. [Continue reading]

Texas Lending (TexasLending.com) Encourages Clients to Consider an FHA Loan

Texas LendingFor Americans who wish to purchase a new home, Texas Lending (TexasLending.com) offers guidance and support by helping them obtain an FHA insured loan. The company and its service representatives have first-hand knowledge of the guidelines and regulations associated with obtaining an FHA loan. These loans allows potential homeowners to make their dreams come true.

Q: When can an FHA loan prove to be the appropriate next step in a prospective homeowner’s financial future?

Texas Lending (TexasLending.com): FHA loans are suggested to homeowners when they are purchasing their first home or looking for a small down payment. For individuals who have declared bankruptcy or currently have a lower credit score, an FHA loan may also prove to be a wise decision. Since 1934, millions of families across the U.S. have been assisted through this program. [Continue reading]

TexasLending.com Reviews History of VA (Veterans Assistance) Loans

TexasLending.com

Q: When were VA loans first insured? TexasLending.com: Starting in 1944, the Servicemen’s Readjustment Act allowed for a broad range of veteran benefits. The U.S. government has insured more than 18 million VA loans since the program’s … [Continue reading]

Texas Lending Shares Insight on Home Purchases in 2014

Texas Lending

Q: For homeowners and mortgage leaders, how bright is the future of the housing market? Texas Lending (TexasLending.com): A series of federal regulations set to debut in 2014 may have caused concern for those individuals who are considering a home … [Continue reading]

Texas Lending Discusses Possibility of Texas Housing Bubble

TexasLending.com

Texans shouldn’t be in fear of another housing bubble forming anytime soon, according to leading mortgage lender and banker TexasLending.com. The state of Texas is currently one of only four (South Dakota, Nebraska and Oklahoma are the others) … [Continue reading]

TexasLending.com Explains Complex Requirements of Appraisers and Underwriters in Home Loan Process

TexasLending.com

Q: What is the most significant activity of the appraiser and the underwriter during the home loan process? TexasLending.com: Homebuyers are generally unaware of how the underwriter and the appraiser can be integral in the process of obtaining a … [Continue reading]