Loan Programs and Information
How a Bridge Loan Can Help Get Your Offer Accepted Without a Contingency
A bridge loan can help you get your offer accepted in a very competitive market without having to sell your home first. Because the DFW market is so hot at the moment, sellers are reluctant to accept an offer if it is contingent on the sale of your existing home. Bridge loans enable you to…
Read MoreHelpful Hints for First-Time Home Buyers | Part 4
From Offer to Closing By Shawna Sanders If you’ve been following along in our series, Helpful Hints for First-Time Home Buyers, you’ve gotten your finances in order, chosen your real estate agent and lender before starting the hunt. You’ve found the house you want to make an offer on. So what happens now? Make an Offer…
Read MoreFannie Mae and Freddie Mac are charging you more to refinance
Fannie Mae and Freddie Mac both dropped a bombshell yesterday. The FHFA, Fannie and Freddie’s regulator, is imposing a new 0.5% of the loan amount fee to all refinances effective September 1st. Almost all lenders will start collecting this new higher rate immediately because it will take until after September 1st to deliver the loan…
Read MoreHelpful Hints for First-Time Home Buyers| Part 3
The Hunt! Finding your new home. By Shawna Sanders In the first two parts of our series, Helpful Hints for First-Time Home Buyers, we covered getting your finances in order and finding the lender and real estate agent you want to work with. Now it’s time to get to the fun part of the home buying…
Read More5 Things to Know Before Buying a home In Texas
Are you thinking of buying a home in Texas? If so, you’re making a great decision. Not only is Texas an incredible state to live in, you’re becoming one of many people making the decision to move to Texas. From cities such as Dallas, Austin, and San Antonio, there are a variety of cities with…
Read MoreHelpful Hints for First-time Home Buyers | Part 2
Preparing for the Hunt By Shawna Sanders In Part 1 of our Helpful Hints for First-Time Home Buyer series we covered the steps to getting your finances in order to prepare for the home buying process. But you’re not quite ready to begin the house hunt just yet. First, you’re going to need to find…
Read MoreHelpful Hints for First-time Home Buyers
Part 1:Getting your Finances in Order By: Shawna Sanders First-time home buyers are entering the market in droves. Buying your first home can be a stressful undertaking. There are so many steps, so many different loan programs, so many requirements…where do you even begin? Right here. In the next few posts, we’re going to cover all…
Read MoreIntroducing Express Mortgage Funding | No more waiting for your keys
We are proud to Introducing Express Mortgage Funding. This is just one more way Service First Mortgage puts home buyers first. We want your closing day to be as happy and stress free as possible. New home memories should not have to wait. With Express Funding, home buyers will be able to know their loan…
Read MoreBenefits of Owning Rental Property
Are you looking to invest in a rental property? Rental property ownership can provide passive income and long-term growth of your wealth. Becoming a property investor has gotten easier as there is a lot of valuable information online you can use to build your portfolio. Like any other investment, rental property purchases require time and…
Read MoreFHA Home Loan for 580 and higher credit scores
An FHA Home Loan is one of the best home loans for first time home buyers and those with less than perfect credit. With an FHA Home Loan, buyers can purchase homes with as little as 3.5% down. This makes the FHA home loan program ideal for many people. At Service First Mortgage we have…
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