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 […]

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 […]

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 […]

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 […]

10 Important contract terms every home buyer should know

Realtor . com 10 terms all buyers should know

I think this article from Realtor.com is really good for all home buyers to read. 10 Crucial Real Estate Contract Terms Home Buyers Should Know Before They Sign By Margaret Heidenry | Jun 1, 2017 Article from realtor.com If you ever attempt to read a real estate contract, you will quickly find that this paperwork […]