
Lone Star Financing Blog
Non-Conforming Home Loans in Texas
A residential mortgage that does not conform to the loan purchasing guidelines set by the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation is called a non-conforming loan. The significant difference between a conforming and a...
read moreReasons to Use the best Mortgage Brokers in Texas
When considering buying a home, most people require a mortgage to do so. Doing business with banks and lenders directly or hiring a mortgage broker. Finding a mortgage broker is a bit more difficult than it used to be but are still part of the mortgage marketplace. In...
read moreHow do the Best Mortgage Lenders in Texas Handle Bad Credit?
Most people believe they are ineligible for a loan when they have poor credit. This isn’t true at all. There are programs that work with lenders to assist in providing a home to those whose credit needs some work. In this article, we’ll look at the two main programs...
read moreDo Online Texas Mortgage Loans Need a 20% Down Payment?
Purchasing a home in Texas is not an impulse buy. From appraisals and inspections to closing costs and down payments, it can take years to save the upfront cash required. However, thanks to low-down-payment loans now on the market, homeowners can have keys in hand to...
read moreHow Mortgage Companies in Texas Calculate Your Mortgage Payment
Traditionally, you can typically afford a home in Texas priced two to three times your gross income. This means that if your household income is $100,000, you can typically afford a home between $200,000 and $300,000. However, this calculation isn’t the best method....
read moreTexas Home Mortgage Loans
You can find quite a few types of home loans in Texas. Understanding what’s available can help you review your options to get an idea of what options might work best for you and your family. Of course, Lone Star Financing is happy to help you find the right home loan! In the meantime, why not review your home loan options?
read moreBest Mortgage Companies in Texas
Whether you’re a first-time home buyer or are a seasoned veteran, you’ve got so many choices when it comes to purchasing a house. Finding the best mortgage company to structure a loan for your individual lending needs can be a challenge. Should you work with a...
read moreHow the Federal Reserve Affects Your Mortgage
This week, the Federal Reserve raised interest rates for the third time in 2018. This quarter-percentage rate increase brought the federal funds rate into the target range of 2 – 2.25 percent. The committee sets monetary policy, primarily by raising or lowering the...
read moreHow to Prepare Before Disaster Strikes
Every part of the world is susceptible to natural disaster, as we’ve seen in the USA this year. Hurricanes, floods, earthquakes, tornadoes, and wildfires have affected numerous locations across the country. Learn about the types of disasters that are likely in your...
read moreTop 10 Things to Know About Your Credit
How do you build credit? Focus on the five fundamentals that determine your credit score: payment history, credit utilization, length of credit history, new credit, and credit mix. A general rule is to use credit sparingly and make payments on time. It takes years to...
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