FHA Loan Requirements Explained (Without the Jargon)

Thinking about buying a home but not sure if you qualify? You’re not alone. One of the most common loan types I help folks with is the FHA loan—and for good reason. It’s flexible, affordable, and designed to help buyers who may not have perfect credit or a huge down payment saved up. If that…

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What Credit Score Is Needed to Buy a House? Let’s Break It Down

Hey home shoppers! If you’ve been thinking about buying a home, you’ve probably heard a lot of buzz around credit scores. And I get it—it’s one of those topics that feels like it should be straightforward… but somehow, it’s not. So let’s clear up the confusion and talk about what credit score you actually need…

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How to Get Pre-Approved for a Mortgage (And Why It’s Your First Step)

For most homebuyers, especially in a competitive market like Dallas-Fort Worth, the home search doesn’t start with browsing listings — it starts with a mortgage pre-approval. Think of it as your permission slip to shop for homes confidently and seriously. In this post, I’ll walk you through exactly what mortgage pre-approval is, why it matters,…

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Let’s be honest — when most people hear “reverse mortgage,” they picture late-night infomercials or think it’s something you only use when you’re flat out of options. But here’s the truth: reverse mortgages, especially the federally backed HECM (Home Equity Conversion Mortgage), have come a long way. When used the right way — with strategy…

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recession and home values, do home prices drop in a recession, housing market trends, recession proof real estate, mortgage rates during recession, home buying during economic downturn, real estate market 2025, DFW housing market, mortgage advice, Richard Woodward, NEXA Mortgage, Dallas Fort Worth real estate, housing crash facts, real estate investing, mortgage education

You’ve likely seen the headlines: “Recession fears are growing,” “Home prices could plummet,” and similar narratives. It’s enough to give any homeowner or buyer pause. But as someone with over 23 years of experience in mortgage and real estate, I can tell you—those headlines often stir up fear, not facts. Let’s take a closer look…

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Should You Buy a Home Right Now? Experts Say Prices Are Only Going Up

Should You Buy a Home Right Now? Experts Say Prices Are Only Going Up. You’ve probably heard this before: “The best time to buy a home was yesterday. The second-best time is today.” And there’s a reason for that—home values keep climbing. With mortgage rates still holding strong and prices on the rise, you might…

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Mortgage Rates in 2025: Should You Lock In Now or Wait for a Drop?

As we navigate through 2025, many of you have been asking about the current state of mortgage rates and what we might expect in the coming months. Let’s dive into the latest insights to help you make informed decisions about your home financing. Current Mortgage Rate Landscape As of February 2025, mortgage rates have been…

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Breaking Into the Dallas Market: Smart Moves for First-Time Buyers

Buying your first home can feel overwhelming, especially with rising prices on just about everything—gas, groceries, and yes, even homes. But here’s the good news: homeownership is still within reach, even in a competitive market like Dallas-Fort Worth. The trick is thinking strategically about where and what you buy. Let’s talk about some smart moves…

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