Let us pay your FHA loan appraisal fees
Hurry! Offer Ends October 15th 2017. FHA home loans open the door to home ownership to millions of home buyers. Allow me to help you buy your home. Save today. Please share if you know anyone looking to buy sell or refinance a home. Read more about FHA home loans now. An FHA loan can…
Read MoreWhat does PITI stand for?
What does PITI consist of? Breaking Down your monthly mortgage payment. PITI is the handy acronym for your monthly mortgage payment. It’s pronounced like the word “pity” and the letters stand for the four parts of that monthly payment: P stands for Principal That’s the part of the monthly payment used to pay down the…
Read MoreEquifax Hack and What You Need to Know
By now, I’m sure that you have heard about the Equifax security breach. My friends at Rising Point Solutions put this information together for you. At the Richard Woodward Mortgage Team, we are always looking for ways to help our customers. While this isn’t the largest security breach that has happened, this is significantly larger…
Read MoreReverse Mortgages are changing effective October 2, 2017
Reverse Mortgages are changing effective October 2, 2017. The Trump administration is planning to raise premiums and place tighter loan limits on some borrowers in a mortgage program that helps seniors supplement their incomes. This Wall Street Journal article indicates that HUD says the program needs a sounder financial footing. The bad news is that…
Read MoreDallas Metro Housing Statistics Video
Check out this new service I’m providing. It’s a monthly video with Dallas Metro housing stats. Please feel free to share it, and let me know what you think! By the way, did you know I have in house underwriting for fixed rate Jumbo mortgages up to $850,000 loan amount with just 10% down. Close…
Read More5 things Plano home buyers should do before they start looking at homes
5 things Plano home buyers should do before they start looking at homes. Get pre-qualified for a mortgage. See us and we’ll run the numbers to tell you the mortgage size and terms you qualify for to purchase your Plano home. This gives you the price range of homes to look at in Plano and…
Read MoreThe New Reverse Mortgage | What you need to know Seminar
Residents of Dallas, Plano, McKinney, Frisco – and those who live in the surrounding areas: you have the opportunity to learn about the reverse mortgage program at an in-person seminar on, September 13th from 10:30 a.m. until 1 p.m. [icon name=”arrow-right” class=”” unprefixed_class=””]Did you know that with an FHA insured reverse mortgage that you or…
Read MoreThe Richard Woodward Mortgage Team 5 Star Reviews
The Richard Woodward Mortgage Team 5 Star Reviews. 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 18 years. His team of talented and caring mortgage professionals help you afford the home of your dreams. The process of…
Read MoreDivorcing Your Mortgage | August 2017
Divorcing Your Mortgage | August 2017 Transfer of Ownership in Real Estate During Divorce The basic understanding of the various real estate deeds is a must when transferring title and ownership to real estate during a divorcing situation. This August Divorcing Your Mortgage newsletter will help you better understand the various forms of ownership of…
Read MoreDallas Texas First Time Home Buyer Programs
Dallas Texas First time home buyer programs are great to help you buy your first home. If you are a first time homebuyer, the prospect of owning your first home is exciting and perhaps daunting. There are several items to consider such as landing a good real estate agent, searching for the right home, and…
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