Posts Tagged ‘Richard Woodward’
Can I Keep My Low Interest Rate After Divorce? What Texas Homeowners Need to Know
The short answer is: maybe—but it depends on your loan, your lender, and how your divorce is structured. One of the first concerns I hear from homeowners going through a divorce is, “Richard, I have a 2.75% interest rate. Am I going to lose it?” It’s a great question, and it’s one that’s become much…
Read MoreWhat You Think You Know About Reverse Mortgages Is Probably Wrong
For years, reverse mortgages have been surrounded by myths, misinformation, and outdated opinions. Unfortunately, many homeowners dismiss them based on something they heard decades ago from a friend, a family member, or even a television commercial. I am here to provide you the facts. I have been teaching retirees, Realtors, Loan Officers, and financial planners…
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 MoreFree Reverse Mortgage Starter Kit: Everything You Need to Know to Decide with Confidence
Are you 62 or older and wondering if a reverse mortgage is the right move for your retirement strategy? You’re not alone — and I’ve got just the thing to help you make an informed, pressure-free decision. I’m Richard Woodward, a Certified Reverse Mortgage Specialist and local branch manager right here in Texas. With over…
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…
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