Posts Tagged ‘NEXA mortgage’
How I Got a Buyer Fully Underwriter Approved in Under 24 Hours — A Major Advantage in the Dallas–Fort Worth Market
When buying a home in the competitive Dallas–Fort Worth (DFW) housing market, speed is the ultimate differentiator. Option periods are short, prime appraisal slots are scarce, and sellers demand absolute certainty. A slow lender can doom a deal before it starts. This week, we achieved a real-world lending milestone that proves exactly how critical a…
Read MoreThink You Need a Huge Down Payment to Buy a Home? Think Again.
For a lot of hopeful homebuyers, the excitement of buying a home in Texas turns into anxiety the moment the word “down payment” comes up. “I’ll never save enough.”“I need a small fortune just to get started.”“I guess I’ll just rent forever.” If you’ve ever thought that, you’re not alone. But here’s the good news:…
Read MoreDown Payment Assistance for Self-Employed Homebuyers
EdgeAhead Program: A Game-Changer for Self-Employed Buyers in Dallas-Fort Worth Buying a home when you’re self-employed can feel like running a marathon while carrying a backpack full of bricks. Traditional mortgage guidelines rely heavily on W-2s and tax returns, which rarely reflect a business owner’s true earning power. If you’ve ever been frustrated by lenders…
Read MoreDo DFW Home Values Drop in a Recession? The Real Truth You Need to Know
You’ve likely seen the headlines: “Recession fears are growing,” “Home prices could plummet,” and similar narratives. It’s enough to give any homeowner or buyer pause. But as someone with over 23 years of experience in mortgage and real estate, I can tell you—those headlines often stir up fear, not facts. Let’s take a closer look…
Read MoreWill a Recession Hurt the DFW Housing Market? Let’s Talk Facts, Not Fear
With recent headlines focused on rising tariffs, inflation concerns, and slowing consumer confidence, the possibility of a recession is once again entering the national conversation. While a downturn is by no means guaranteed, the odds of a recession occurring this year have increased significantly. As usual, some media outlets are quick to speculate—and not always…
Read MoreMortgage Rates in 2025: Should You Lock In Now or Wait for a Drop?
As we navigate through 2025, many of you have been asking about the current state of mortgage rates and what we might expect in the coming months. Let’s dive into the latest insights to help you make informed decisions about your home financing. Current Mortgage Rate Landscape As of February 2025, mortgage rates have been…
Read MoreWhy Choose a Mortgage Broker Over a Bank? The Reasons Exposed.
Why Choose a Mortgage Broker Over a Bank? The Richard Woodward Team Explains Hello and welcome to our latest blog post! If you’re in the market for a new home, you might be wondering whether to go through a bank or a mortgage broker. Well, here at The Richard Woodward Team at NEXA Mortgage, we…
Read More7 Reasons Why Buying VS. Renting A Home in Dallas Texas Is Much Better.
Are you currently renting and wondering if buying a home in Dallas Texas is the right move for you? You’re not alone! The decision to buy a home is significant, but in a city like Dallas, it’s an opportunity you don’t want to miss. Here at The Richard Woodward Team NEXA Mortgage, we’re passionate about…
Read MoreWhy Everyone’s Moving from California to Dallas, Texas – And Why You Should Join Them with The Richard Woodward Team NEXA Mortgage!
Hey there! So, you’re thinking about moving from California to Dallas, Texas? Well, you’re in for a treat because Texas, especially Dallas, is becoming a hot spot for Californians – and for many fantastic reasons. Let’s explore why this Texan city is catching everyone’s eye and why The Richard Woodward Team at NEXA Mortgage is…
Read MoreWhy Did My Mortgage Payment Go Way Up? Mortgage Escrow Accounts and How To Fix It
Understanding Escrow Accounts and Managing Rising Homeowners Insurance Costs Hey there, fellow homeowners! If you’ve recently stepped into the world of homeownership (congrats, by the way!), you might be juggling a lot of new terms and responsibilities. One such term that often pops up is ‘escrow account.’ With the recent hike in homeowners’ insurance rates,…
Read More
