What does PITI stand for?

What is PITI and how does it affect your mortgage payment

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 […]

Equifax Hack and What You Need to Know

Equifax 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 […]

Dallas Metro Housing Statistics Video

August 2017 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 […]

5 things Plano home buyers should do before they start looking at homes

Why are you still renting? Call (214) 945-1066 or apply online now.

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 […]

Divorcing Your Mortgage | August 2017

Divorcing 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 […]