(214) 945-1066

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What is a Reverse Mortgage and how does it work?

Discover Your Zero Mortgage Payment Joy

What is a Reverse Mortgage and how does it work? A Reverse Mortgage is a mortgage specifically designed for those 62 years of age and older who want to have more control over their mortgage and their assets.  It is similar to an FHA mortgage but with lots of extra options and protections.   They are easier…

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Home Care for Seniors

Home Care for Seniors or those in need. An Introduction

Home care for Seniors or others in need is a topic near to my heart.  I work with seniors often in the course of my reverse mortgage business.  I am so thankful to be able to help our elders with financial resources to stay in their homes.  I am a firm believer that as long…

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Why A Reverse Mortgage Does Not Cost Too Much

Why A Reverse Mortgage Does Not Cost To Much

Many critics will tell you that a reverse mortgage cost too much. Mind you, most of those critics have never studied reverse mortgages and are relying on misinformation to form an opinion. I wanted to share with you some great information provided by Wade D. Pfau, Ph.D. Wade D. Pfau, Ph.D. CFA, is a professor…

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Getting a home loan just got easier

Getting a home loan just got easier

Getting a home loan can sometimes be pretty challenging. You have to complete an application, your credit report has to be pulled, and then you must supply documentation to back up the information on your application. The difficult part then begins. Underwriting. Underwriting is when a person charged with approving your loan must review all…

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Jumbo Home Loan |Get the best here

We have the best Jumbo home loan options

Are you in the market for a Jumbo home loan? I have the best home loan for you. A jumbo home loan is defined as a loan whose loan amount exceeds the Fannie Mae conforming loan limit. In McKinney Texas, the conforming loan limit is $424,100. The Richard Woodward Mortgage Team is well versed in…

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Reverse Mortgage Myths Debunked | What you should know

Reverse Mortgage Myths Debunked | What you should know

Reverse Mortgage Myths are very common. At Service First Mortgage, we’re committed to making sure you receive honest and accurate information about reverse mortgages so you can make an educated decision that’s best for you. Here are some of the most common misconceptions about Home Equity Conversion Mortgages (HECMs)— also known as reverse mortgages— and…

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Contact Us

Nexa Mortgage - Richard Woodward
7820 Hague Ct
Plano, TX 75025
Phone: (214) 945-1066

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Licensing

Richard Woodward
Branch Manager
NMLS #217454
Company Licensing
Company State License#
AZMB - 0944059
NMLS# 1660690

Equal Housing Lender