There are five major factors that affect your credit score. Let’s briefly take a look at each of them. 1) Payment History This one is relatively simple. If you make your credit card and loan payments on time, this tends to help your credit score. If you have late...
Texas Loan Star, Inc continues to grow our roots in the Texas business community. We are a Texas based direct lending mortgage banking business creating jobs for the local economy, supporting local charities and most importantly, focusing on the primary goal of...
Like almost all industries, COVID-19 has had an adverse effect on the mortgage industry. The changes have been happening daily and at a rapid pace. The changes include new processes, procedures, and verification’s required. Some of the major changes...
Buying a home in today’s marketplace can be a bit intimidating. And your new home purchase is likely to be one of the most important decisions you will ever have to make. Moreover, it’s also one of the single most valuable assets you’ll ever own. Before...
Buying your next home is an exciting prospect. Sometimes we can get swept away with the features we want in our new homes. So, let’s bring things back to reality and think about what you need your new home to have. Check out the tips below to help keep you on track...
If you’re in the market for a new home, it’s important to know your credit score. A good credit score can lead to a better interest rate on your mortgage, while a lower score might present some extra challenges. Are you feeling the need to improve your score? Here are...
As the name implies, a “Green Mortgage” is an environmentally friendly type of home loan. But how do you make a mortgage environmentally friendly? Also known as Energy Efficient Mortgage Programs, Green Mortgages are a special type of loans that are...
Are you looking to ditch mortgage insurance premiums? Perhaps you’re looking to pay off your mortgage faster? Do you want to consolidate credit card debt or pay for some home improvements? A home loan refinance could help answer all of these questions for you. Current...
You want to buy a new home. Now is a great time, as rates are still low compared to other points in history. It also gives you a spot in this world that’s yours to do whatever you want with. Nevertheless, in getting ready, there’s one really big question you want to...
Check Your Plugs – Here’s something you might not know: Plugged in toasters, coffeemakers, TVs and other electronic devices in your home actually use a small amount of electricity even when they’re not in use. By unplugging them when you’re not using these...
Did you know financial fitness can save your life? Well, maybe not literally. But being well informed about money can reduce stress and help you and your family live a healthier and happier life. Here are three tips to get your started Tip #1: The U.S. has one of the...
Imagine that you’re nearing the closing of your home loan. And what a process it has been. Pre-approvals, house hunting, income verification, inspections, appraisals and so much more. For some, the amount of paperwork feels daunting. But if you’ve prepared a bit ahead...
Knowing what to expect when your house goes up for sale can be half the battle of getting through the transaction. Most people are a bit excited when they put their house on the market. Hopefully, they are moving up to a better home or off to new challenges in another...
There are some thing to keep in mind to ensure that your home buying process is simple. Here are six tips to help you feel confident when applying for a new home loan. 1.Pay All Your Bills on Time When Applying for a home loan, it’s important you have good credit...
It takes a keen understanding of the home buying process to be good at negotiating. Be sure you have it down before you make any offers on homes. Especially, with the market heating up for Summer. Or better yet, rely on your real estate agent to do the negotiating for...
Many millennials are now entering the real estate market and have different needs than the generations before them. Here are some home buyer must-haves that may surprise you about this generation. Location, Location, Location Some things remain the same across all...
What you inquire about qualifying for a home loan, you’ll likely hear the term “conditionally approved” but might not be sure what that means or how it differs from a pre-approval. A conditionally approved loan is closer to closing than a pre-approved one but it comes...
When it comes to getting a mortgage, the discussion almost always boils down to credit score. While that’s a great indicator of someone’s financial stability and habits, is it the only thing mortgage loan officers are worried about? Thankfully for those with bad...
Some for-sale homes sell quickly. Others languish on the market for weeks or even months. If you need to move in a hurry, you might wonder how to see your home fast. Here are four tips on how to sell your home fast: Price to Sell The surest way to sell your home...
Since its inception in 1944, the VA home loan has been used by more than 20 million Americans to get a mortgage. This program has some great advantages. VA Home Loan Basics Insured by the Department of Veterans Affairs (VA), VA home loans are available to our nation’s...
Buying your next home is an exciting prospect. Sometimes we can get swept away with the features we want in our new homes. So, let’s bring things back to reality and think about what you NEED your new home to have. Check out the tips below to help keep you on track...