Watch this Dallas Metro Housing Video for September 2017.  Median Home Sales Price in the Dallas Texas area was $280,000 in September,  up 8.11% ! Wow! Monthly home sales were down 4.54% with 5978 homes reported sold.  The median number of days on the market was 30, that’s up 11.11% from the previous year. The number of homes on…

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let us pay your FHA loan appraisal fees

Hurry! Offer Ends October 15th 2017. FHA home loans open the door to home ownership to millions of home buyers. Allow me to help you buy your home. Save today. Please share if you know anyone looking to buy sell or refinance a home. Read more about FHA home loans now. An FHA loan can…

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What is PITI and how does it affect your mortgage payment

What does PITI consist of? Breaking Down your monthly mortgage payment. PITI is the handy acronym for your monthly mortgage payment. It’s pronounced like the word “pity” and the letters stand for the four parts of that monthly payment: P stands for Principal That’s the part of the monthly payment used to pay down the…

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Equifax Hack and What You Need to Know

By now, I’m sure that you have heard about the Equifax security breach. My friends at Rising Point Solutions put this information together for you. At the Richard Woodward Mortgage Team, we are always looking for ways to help our customers. While this isn’t the largest security breach that has happened, this is significantly larger…

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How to buy a home with a reverse mortgage

Reverse Mortgages are changing effective October 2, 2017. The Trump administration is planning to raise premiums and place tighter loan limits on some borrowers in a mortgage program that helps seniors supplement their incomes. This Wall Street Journal article indicates that HUD says the program needs a sounder financial footing. The bad news is that…

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August 2017 Housing Statistics Video

Check out this new service I’m providing. It’s a monthly video with Dallas Metro housing stats. Please feel free to share it, and let me know what you think! By the way, did you know I have in house underwriting for fixed rate Jumbo mortgages up to $850,000 loan amount with just 10% down. Close…

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The New Reverse Mortgage - What you need to know Seminar

Residents of Dallas, Plano, McKinney, Frisco – and those who live in the surrounding areas: you have the opportunity to learn about the reverse mortgage program at an in-person seminar on, September 13th from 10:30 a.m. until 1 p.m. [icon name=”arrow-right” class=”” unprefixed_class=””]Did you know that with an FHA insured reverse mortgage that you or…

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5 Star Mortgage Customer Review July 2017

The Richard Woodward Mortgage Team 5 Star Reviews. At Service First Mortgage, we believe we have the best jobs in the world. Richard has been a top mortgage lender in Mckinney Texas for over 18 years. His team of talented and caring mortgage professionals help you afford the home of your dreams. The process of…

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Divorcing Your Mortgage August 2017

Divorcing Your Mortgage | August 2017 Transfer of Ownership in Real Estate During Divorce The basic understanding of the various real estate deeds is a must when transferring title and ownership to real estate during a divorcing situation. This August Divorcing Your Mortgage newsletter will help you better understand the various forms of ownership of…

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