50-Year Mortgage: Smart Move or Long-term Trap?
What if you could cut your monthly mortgage payment by spreading it over 50 years instead of 30? Sounds like a win, right? With home prices high and affordability stretched, the idea of a 50-year mortgage — recently proposed by former President Trump — is sparking a lot of discussion. Is it the next big…
Read MoreHELOC vs. Cash-Out Refinance: Which Strategy Makes Sense for You?
As a homeowner, your house isn’t just the place you live—it’s one of the most powerful financial tools you have. If you’ve built up equity and want to put it to work (to pay off debt, start a renovation, or just create breathing room in your monthly budget), you have three main options: a Home…
Read MoreIs It Time to Revisit Your Homebuying Plans in Plano, Texas? Your Payment Just Dropped!
If you’ve been holding off on buying a home in Plano because of high interest rates or rising prices, it may be time to take another look.According to First American, affordability is improving in 39 of the top 50 U.S. markets—and this marks the fifth straight month where buying a home is getting just a…
Read MoreNavigating Down Payment Assistance Options What help is available — and should you use it?
Saving for a down payment is one of the biggest obstacles for homebuyers today. The good news? You don’t have to do it alone. There are many down payment assistance (DPA) programs available across the country, and as part of the nation’s largest mortgage broker/lender, I have access to over 30 different assistance programs through…
Read MoreShould You Refinance Your Mortgage? Here’s How to Know (and What It Really Costs)
Refinancing, what it is, how it works, and when it actually makes sense Thinking about refinancing your mortgage but not sure if it’s the right move? You’re not alone. Whether you’re trying to lower your monthly payment, tap into equity, or pay off your loan faster, refinancing can be a powerful tool—when done for the…
Read MoreIs It Better to Buy Now? Mortgage Rates Just Dropped — But Will It Last? A Dallas Market Perspective
This month, mortgage rates eased to around 6.127% for conventional loans and 5.75% for FHA and VA programs. That’s welcome news for buyers who have been watching rates climb for the past two years. But here’s the catch: just because the Federal Reserve cut the Fed Funds rate doesn’t mean mortgage rates will keep falling.…
Read More3 Red Flags to Watch Out For When Shopping for a Reverse Mortgage
After more than 25 years in mortgage lending, I’ve learned one thing above all else: homeowners want to feel protected. They want to know they’re not being sold to, pressured, or pushed into something that doesn’t feel right. And frankly, they deserve that. That’s why when I talk with homeowners about reverse mortgages, I often…
Read MoreCan I Keep the House in a Texas Divorce? How an Owelty Lien Can Help
Going through a divorce in Texas? If you’re like many of my clients, one of the first questions you ask is: “Can I keep the house?” The good news is yes—you may be able to keep your home and fairly buy out your spouse’s share of equity with something called an Owelty Lien. Most people…
Read MoreThe Ultimate Guide to Owelty Liens in Texas
Introduction Dividing property in a Texas divorce can be challenging—especially when one spouse wants to keep the marital home. An Owelty Lien is a powerful tool that allows for a fair and practical division of home equity without forcing a sale. This guide will walk you through everything you need to know about Owelty Liens,…
Read MoreHow to Buy Out Your Ex and Keep the House After Divorce in Texas
Divorce is hard. Losing your home doesn’t have to be part of it. If you’re going through a divorce in Texas or any state for that matter, and want to keep the house, you’re not alone. One of the most common questions I get as a Certified Divorce Lending Specialist is: “Can I buy out…
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