Richard Woodward | (214) 945-1066

How AI is Changing the Way Texans Shop for a Mortgage- Why You Still Need a Local Expert

Artificial intelligence is reshaping nearly every industry, and the mortgage world is no exception. From AI-powered rate comparison tools to chatbots that explain loan terms at midnight, today’s homebuyers in Dallas, Plano, Frisco, and McKinney have more information at their fingertips than any generation before them. That’s mostly a good thing. But there’s a critical…

If you’re thinking about buying a home in Plano, Frisco, McKinney, Allen, Prosper, Celina, Little Elm, The Colony, Richardson, Carrollton, or anywhere in the Dallas-Fort Worth Metroplex, there are two major opportunities available right now that could significantly reduce your homebuying costs. For a limited time, I’m offering a FREE 1-0 Temporary Rate Buydown for…

One of the most common questions I hear from homeowners going through divorce is: “Can I refinance before the divorce is final?” The short answer is:Sometimes — but it depends on timing, the divorce agreement, and how the mortgage is being structured. In Texas, divorce refinances can become complicated quickly if the mortgage strategy is…

If you’re going through a divorce in Texas—or advising someone who is (this is meant for your divorce attorneys)—understanding the difference between a cash-out refinance and a rate-and-term refinance isn’t just helpful. It can directly impact: Whether the home can be kept How much equity can be accessed And how much the loan will cost…

Are Your Owelty Liens Costing Clients thousands

If you’re a family law attorney in Texas—or going through a divorce involving real estate—there’s one critical question you need to ask: Is the Owelty Lien structured correctly for financing? Have you double checked the title history? An existing Texas cashout refinance will prevent the use of an Owelty lien. This means that no division…

How a Texas Owelty Lien Works in a Divorce

If you are going through a divorce in Texas and one spouse wants to keep the home, you have probably heard the term “Owelty lien.” If you haven’t, I’m here to offer you the knowledge you need to make an informed decision. Most people have no idea what that means. But if your divorce involves…

How to Buy Your First Home in Texas (2026)

Buying your first home in Texas in 2026 can feel overwhelming. You’re probably wondering: How much money do I need? What credit score is required? Are there first-time home buyer programs in Texas? Is this even a good time to buy? After 25+ years in the mortgage business, I can tell you this: Most first-time…

Can You Get a Reverse Mortgage with Bad Credit?

If you’re a homeowner over 62 and wondering whether bad credit will stop you from getting a reverse mortgage, I’ve got good news for you. In most cases… it won’t. As a Certified Reverse Mortgage Specialist, I’ve helped many Texas seniors qualify for a reverse mortgage even after credit challenges, late payments, or financial setbacks.…

Divorce is one of life’s most difficult milestones — and deciding what happens to your home can feel overwhelming. For many Texas homeowners, the marital residence is not only the largest financial asset but also the emotional center of family life. Selling the house isn’t always the best option, especially when children, community ties, and…

Jumbo Loans in 2026 Rates, Requirements & What High-Income Buyers Need to Know to Qualify.

As home prices across Dallas–Fort Worth continue to climb, many buyers assume they need a Jumbo loan the moment a price tag starts with a “7” or “8.” That is no longer the case. In 2026, the conforming loan limit has risen to $832,750. Any loan amount at or below this threshold is a conventional…