Ways to reduce the closing costs associated with your home loan:

Let’s talk about closing costs that are associated with any home loan.    Most people only think in terms of the loan’s interest rate,  but there are other costs to consider when getting a mortgage.
1) The Cost of the money; AKA the interest rate.
2) The Cost to get the rate [...]

Posted in Financial planning begins with the right mortgage No Comments »

100% home loan financing still available up to $417,000 through www.mylendingplace.com and Fannie Mae.
We work with all the major banks like: Countrywide, WaMU, Wells, Fargo.  Fixed rates on 100% lending are still pretty good.   Naturally, you’ll need decent credit so call me and let’s go over your credit report.
Jon Spears, cell:  512-577-2958
jon@mylendingplace.com

Posted in Financial planning begins with the right mortgage No Comments »

Texas Home Equity Rates, Calculators, Application
Did you know it’s easier to do a home equity on an investment property than the home you live in?   We at Mylendingplace do both!  We are based in Austin, Texas and are licensed for the whole state of Texas.  
Most home equity loans are 80% of the home’s appraised value [...]

Posted in Financial planning begins with the right mortgage No Comments »

Texas has weird home equity loan rules:
80% Maximum Home Equity Rule:  This means your home equity loan can’t exceed 80% of your home’s value.  So if your home is worth $150,000, your Texas Home equity loan can’t exceed 80% or $120,000.   (Investment home equity loans guidelines are less strict.  You can pull more equity out of an investment [...]

Posted in Financial planning begins with the right mortgage No Comments »