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How much home can I afford based on my salary? It's one of the most important questions when shopping for a new home. Let's explore a few essential factors determining "How Much Home Can I Afford Based on My Salary,"…
First Time Home Buyer in Texas is someone purchasing a home for the first time or someone who hasn't owned a home for at least three years. With so many different loan programs, down payment options, and confusing phrases like…
Key Takeaways: FHA MIP costs were reduced from 0.85% to 0.55% Potential savings of up to $1,056 annually and $31,680 for a $350,000 30yr mortgage. In Texas, FHA loan limits are $472,030 for single-family FHA home loans. Federal Housing Administration…
Key Takeaways Mortgage interest rates in Houston, including current FHA mortgage rates in Texas, are constantly changing. Silver Mortgage, a trusted mortgage lender in Houston, offers personalized assistance to help you understand the current market for the best mortgage interest…
APR and Mortgages: APR stands for Annual Percentage Rate, and it represents the cost of a mortgage over the life of the loan, including the interest rate and other associated fees or charges. APR is a standardized way of expressing the cost…
If you love the charm and character of older homes but don’t want to live in a construction zone as your DIY, consider using a 203(k) loan to purchase the fixer upper of your dreams. Learn how to use a…
