Richard Woodward | (214) 945-1066

Reverse Mortgage Myths |Part 2 The Truth About Reverse Mortgage

Reverse mortgage myths part two. The truth about reverse mortgages is that most people just don’t understand them. I work with loan officers and Realtors every day, and the vast majority of them have no idea of how a reverse mortgage actually works. I am a certified reverse mortgage specialist and I have been doing…

Reverse Mortgage Myths _ The Truth about Reverse Mortgages

Reverse mortgage myths are very common. Reverse mortgages are different than a traditional forward mortgage, therefore many people are afraid of them. Few people have studied the benefits and the guidelines but are quick to dismiss what they don’t understand. My name is Richard Woodward, and I am a certified reverse mortgage specialist. I’m going…

Here is a Reverse Mortgage success story. You hear negative stories about reverse mortgages all the time. Uniformed people are quick to criticize what they don’t know or understand. But the real truth is reverse mortgages are the perfect solution for many retiring individuals. I wanted to share with you a reverse mortgage success story…

Buying A Fixer Upper Home Is Easier Than You Think

Buying a fixer-upper can be easy if you work with the right team. According to noted penny pincher Dave Ramsey, if you’re in the market for a fixer-upper, chances are your competition is slim. That’s great news because it means the odds for scoring a sweet deal are in your favor. The current real…

Teachers Loan Program. We’re excited to announce the 2019 Teachers Campaign and another year of partnering with DonorsChoose.org. This is a limited time program. Call me today at (214) 945-1066 or apply for free at www.MortgageProsUs.com This campaign is open to educators including teachers, librarians, guidance counselors, school nurses and teacher/coaches that work directly with…

A fairly persistent misperception of more than a few homeowners is that a home improvement will increase the value of a residence in an amount on par with the cost of that improvement. In fact, more often than not a home improvement does not increase the value of a residence on par with the amount…

Why A Reverse Mortgage Does Not Cost To Much

Many critics will tell you that a reverse mortgage cost too much. Mind you, most of those critics have never studied reverse mortgages and are relying on misinformation to form an opinion. I wanted to share with you some great information provided by Wade D. Pfau, Ph.D. Wade D. Pfau, Ph.D. CFA, is a professor…

Cash Home Buyers Can Cost Sellers Lots of Money

Cash buyers are supposed to be great for sellers right? That may not be true when it comes to Ebuyers. Why should home sellers be cautious when it comes to accepting offers form “cash buyers”? What is an Ebuyer? Ebuyers are home buyers like OpenDoor, OfferPad, Redfin, We Buy Ugly Houses and a whole…

There are many reasons why you want to move. How to prepare for moving seems pretty straight forward but here are some moving tips that can help. Some people are doing it because of greener pastures while others move in order to start with a clean slate. However, regardless of the reason why you’re moving,…

3 Down Conventional Mortgage from The Richard Woodward Mortgage Team

The 3% down payment home loan program has been updated to help more people qualify. You Do Not Need 20% down to buy a home anymore. Are you looking for a low down payment mortgage in Dallas or the greater Texas area? Do you want to buy a Dallas Texas home and only want to put…