Loan Programs and Information Archives | Page 6 of 16 | The Richard Woodward Team Nexa Mortgage

DON’T LET TODAY’S INTEREST RATES KEEP YOU FROM BUYING A HOME We’re expanding our Temporary Mortgage Rate Buydowns to help you receive even bigger savings of up to 3% off your initial rate. Choose from 3-2-1, 2-1, 1-1 and 1-0 buydowns, available immediately! They’re available for conventional, FHA and VA borrowers who need a lower…

Great news for first-time home buyers. Lower mortgage rates are coming from Fannie Mae and Freddie Mac. In a meeting at the mortgage banker’s conference, the Federal Housing Financing Agency director Sandra Thompson announced that Fannie Mae and Freddie Mac would both be reducing their loan level pricing adjustments for Home Possible and HomeReady mortgages. What…

Texas First-Time Homebuyer and Down Payment Assistance Programs Texas is home to everything. Unfortunately, this statement may not be true for your savings account. Perhaps you believed you didn’t have enough money to pay a down payment on your Texas first home when you last checked your savings account. Rethink that. We got you covered. Down payment…

Reverse Mortgages This article will provide information about reverse mortgages from a Certified Reverse Mortgage Specialist, Richard Woodward. It will include what you need to do to qualify, when you must repay the loan, and what could trigger a foreclosure. What is a reverse loan? Reverse mortgages allow older homeowners, 55 and older in some…

How Can An Owelty Lien Ease Your Divorce? By Elisa Reiter If you start with a definition from the dictionary, you may walk away without realizing what a wonderful device an owelty lien can be. Definition of OWELTY • Law Dictionary • TheLaw.com. Don’t walk away! Let’s say you and your partner are dissolving your…

How To Buy A Home Before You Sell Your Home

The Modern Way to Buy A Home Before Selling Your Current Home The Richard Woodward Team makes home buying stress-free. Never miss out on a great home because you haven’t sold your current one. The Modern Bridge Loan Program we offer puts you in a much better buying position. Until now, you had to sell your…

Rising Mortgage Rates Force Buyers to make offers You’ve likely heard that mortgage rates have risen and you are considering buying a home . It’s normal to wonder how mortgage rates will affect your homeownership plans, since they have risen by 2 percentage points. Buyers are responding in one of two ways today. They’re either buying now to avoid higher…

Get Your Offer Accepted In an Seller's Market 10 Proven Ways

Ten Ways to Get Your Offer Accepted in a Seller’s Market Now is the time to make an offer on your dream home. You’ve found the perfect house for your family and are willing to pay the asking prices. You think it’s a certain thing. But not so fast A seller’s market is a market that has more buyers than…

2022- the Rules have changed in the mortgage business

The Mortgage Business has Changed in 2022 The mortgage business is changing in 2022 in a number of different ways. We are going to look at what is coming in 2022 for the mortgage business and the Real Estate business. Forecasting is not easy these days, especially when it comes to economics. For example, many…

No mortgage insurance for you! No MI with just 10% down on your next mortgage is available now for well-qualified homebuyers. The Richard Woodward Team is here to make mortgages easier – and less expensive. Get the best program custom-designed for your needs, low rates and cost. What Is Mortgage Insurance And How Does It…