The NEW Reverse Mortgage | Better, Safer, Life Changing
The NEW Reverse Mortgage Better, Safer, Life Changing. Here’s the story of a pretty typical retiring American. This lovely couple came to me after trying to get approved by numerous lenders. They did what many loving parents did. They used their life savings to help their children start a business. As the business failed they…
Read MoreDallas Texas Mortgage Rates | February 2018
Dallas Texas mortgage rates increased roughly 0.50% this month. Interest rates are almost 1% higher than their lowest point over the last 12 months. The stock market, perceived tax cuts, and fears of inflation have all combined to impact interest rates negatively. If you are even remotely interested in purchasing a new home or refinancing…
Read MoreDivorcing Your Mortgage IRA Conversion
Divorcing Your Mortgage | Should Divorcing Clients Convert to a Roth IRA One of the primary benefits of using a Roth IRA is that you don’t pay income tax when you withdraw funds in retirement. Unfortunately not everyone meets IRS standards to contribute to a Roth IRA. The primary reason individuals are not allowed to…
Read MoreMortgage rates update for Dallas Texas
Mortgage rates update for Dallas Texas for January 19, 2018. Mortgage rates climbed higher this week as a result of the bullish stock market. The stock market was pushed higher on economic optimism and as the recent tax plan buoyed stocks. Unfortunately, the bond market did not fare so well. The bond market determines interest…
Read MoreHow does an inquiry affect my credit score for a mortgage
How does an inquiry affect my credit score for a mortgage. As a top Dallas Texas lender, I get this question all the time. The fact is if you are shopping for a Dallas Texas mortgage, lenders have to pull your credit. Let’s take a look at some basics. What is an inquiry? An Inquiry…
Read MoreHow To File Your Texas Homestead Form
Now is the time to file your Texas Homestead form if you closed on your home prior to January 1st. I like to remind people in the latter part of January because hopefully you’re done with your Holiday bills and you’re starting to get your tax information ready. If you own a residence in Texas,…
Read MoreDallas home value hit another record high
Dallas home value hit another record high in December 2017. There has never been a better time to own a home in Dallas Texas. According to Redfin, the median home sales price in Dallas Texas increased 5.66% as compared to December 2017. I helped one homeowner in North Dallas purchase a home in 2014. She…
Read MoreTexas Home Improvement Loans
Texas home improvement loans are a great way to finance upgrades to your existing home or to a new home that you wish to purchase. HGTV’s Fixer Upper, House Hunters and Property Brothers at Home are big hits for Texas television viewers. Have you ever wondered how you could improve your house if you’re not sitting on…
Read MoreNovember Customer Testimonials for The Richard Woodward Mortgage Team
Thanks to my customers for the 5 Star Reviews. November Customer Testimonials for The Richard Woodward Mortgage Team At Service First Mortgage, we believe we have the best jobs in the world. Richard has been a top mortgage lender in Mckinney Texas for over 19 years. The Richard Woodward Mortgage Team Reviews. Richard Woodward, NMLS…
Read MoreDivorcing Your Mortgage Newsletter December 2017
Divorce Resource you need to protect yourself. A professional divorce team has a range of team players including the attorney, financial planner, accountant, appraiser, mediator and yes, a divorce lending professional. Every team member has a significant role ensuring the divorcing client is set to succeed post decree. A lending professional well versed in the…
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