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Richard Woodward
Works at Interlinc Mortgage Services
Attended Western Kentucky University
Lives in Frisco, TX
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Richard Woodward

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Just Listed by +Pete Borges   Best Buy Around.
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Richard Woodward

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Please visit and add my business page to your circle.  I provide great mortgage information for home buyers and marketing tips for Realtors.
https://plus.google.com/+Mortgageprosus 
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Great article about why you should consider selling now.
 
Realtor  Good article to share with potential clients.  *Home Sellers*  Now is the time to sell!  Contact +Richard Woodward for your free mortgage Pre-Approval.  You don't want to sell a home if you can't buy the next one.
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OPEN SUNDAY 3-5!  Just Listed by +Joseph Spurlock , of The Spurlock Team of Keller Williams Realty.  Gorgeous Darling home loaded with upgrades like hand-scraped hardwoods, granite counters in the kitchen and all bathrooms, stainless steel appliances, 5-burner gas cooktop, 42 cabinets with custom finishes, custom lighting package, custom shades and more! Floorplan includes 1st floor guest suite, study, open kitchen with huge island, media room and gameroom, 3-car garage, outdoor living area and pool-sized yard. Prosper schools! - See more at: http://www.2601addisonst.utour.me/#sthash.7DjLUkaY.dpuf
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Richard Woodward

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Having trouble finding a "move-in ready" home to buy?

We think every home should be purchased with a renovation mortgage.

The first thing most people want to do when they buy their home is - “make it theirs” new carpet, paint, update the kitchen, and bathrooms. But most cases the new home owner often lacks the money to do all that they want to do. The only way they have to get what they want is to run up high interest credit cards. FHA's 203(k) loan program is designed to finance the purchase and renovation of your home, all in one loan.

InterLinc Renovation Lending has a better way!

Add the amount of money you need to renovate your new home to your low interest 30 year fixed rate mortgage. 

Here is how it works:

At InterLinc Renovation Lending, you have specialists to help you through the entire process.

The InterLinc Mortgage Loan Officer gathers the information needed to submit your mortgage loan application, and works with you, hand in hand through the process from loan approval to closing your loan “On Time and As Promised.”

The InterLinc Renovation Specialist works with the loan officer and you to make sure that there are ample funds to complete your renovation project. The Renovation Specialist continues to assist you after closing, overseeing draw payments, inspections and final close out of the renovation account.

Your Designer assists you in designing a renovation project that will create the home of your dreams and lasting value.

The HUD Consultant is an independent inspector who works with you to ensure all of the work completed on the property meets the requirements of the Federal Housing Administration insuring your mortgage loan. The HUD Consultant also prepares a work write up for the contractors to bid on. After closing they conduct the draw inspections and prepare the draw request.

How the renovation process works:  click the link to read more
www.mortgageprosus.com/Renovationmortgage
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Richard Woodward

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Realtors  We are now actively closing reverse mortgages for purchases in Texas.  Call me for more details +Dallas Mortgage Pros 

Opportunity for more home sales
• 10,000 Baby Boomers turn 62 every day
• Senior want to "age in place" and stay in THEIR home
• Market is virtually un-tapped
• Loan amounts up to $625,500
• Increase purchase prices because seniors don't have to pay all cash

Buy a Home Without Monthly Mortgage Payments
For buyers 62 years or older, the Home Equity Conversion Mortgage (HECM) for Purchase Loan can help you buy your next home without required monthly mortgage payments.* The HECM for Purchase is a Federal Housing Administration (FHA) insured home loan that allows seniors to use the equity from the sale of a previous residence or cash on hand to buy their next primary home in one transaction.
Regardless of how long you live in the home or what happens to your home’s value, you only make one, initial investment (down payment) towards the purchase.  The amount of the down payment is based upon the age of the youngest spouse.

Customer benefits include:
• Eliminates monthly mortgage payments
• Increases your purchase power
• Preserves your cash

Why Consider A Reverse Mortgage To Purchase A Home.
Many home buyers use the HECM for Purchase Loan to:
• Down size to a smaller, lower maintenance home
• Buy a home closer to family or friends
• Lower their cost of living during retirement
• Enjoy carefree living in a senior housing community

Since monthly mortgage payments are not required, a HECM for Purchase Loan may help preserve your hard-earned savings and improve cash flow. You will continue to own and maintain the title of your home for as long as the property remains your primary residence and you continue to meet the obligations of the loan.

Example of How A HECM For Purchase Works
Don who is 71 years old, wants to move closer to family. The value of his current home is $300,000. The purchase price of his next home is also $300,000. However, he wants to eliminate his monthly mortgage payments.
Don may use the proceeds from a HECM for Purchase Loan of $162,600 and a cash investment of $152,273 to purchase his next home, eliminate monthly mortgage payments and move closer to family.1

Reverse mortgages (also called home equity conversion loans or HECM) enable mature Texas homeowners to tap into their equity without selling their home. The lender pays you money based on the equity you've accrued in your home; you receive a lump sum, a monthly payment or a line of credit. Repayment is not necessary until the borrower sells the property, moves into a retirement community or passes away. When you sell your home or no longer use it as your primary residence, you or your estate must repay the cash you received from the reverse mortgage plus interest and other finance charges to the lender.
  We are a direct lender that is HUD Approved in Dallas Texas and we work for you.
• Reverse mortgages are a way for homeowners, 62 and over, to access equity they have in their homes
• A reverse mortgage is a loan against your home that you do not have to pay back for as long as you live in the home
• You still own your home throughout the entire term of the loan. It is never owned by the bank and never will be unless you don’t pay your taxes or keep your insurance paid.
• A reverse mortgage can help you access cash based on the value of your home without you having to make monthly mortgage payments and can help you better manage your financial future
• There are no income or health requirements, and minimal credit verification requirements.

Reverse mortgages are ideal for homeowners who are retired or no longer working. Interest rates can be fixed or adjustable. Your lender cannot take property away if you outlive your loan nor can you be forced to sell your home to pay off your loan even if the loan balance grows to exceed property value.
 
Benefits
• No monthly mortgage payments
• Income qualifications are only needed to cover the taxes and insurance.
• Loan proceeds may be tax-free (for cash out) (consult a financial or tax advisor)
• May not affect Social Security or Medicare benefits (contact a financial or tax advisor)
• The loan is not due until the last borrower permanently leaves the home
• Neither you nor your heirs will owe more than your home‘s appraised market value at the time repayment is due


Richard Woodward
Team Manager, NMLS ID 217454
Office: (972) 661-5136 Fax: (972) 314-9647
17000 Dallas Parkway Suite 103 Dallas, TX 75248
Interlinc Mortgage Services, LLC NMLS ID 205696
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Call us today and buy your new home.
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Richard Woodward

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OPEN SUNDAY 3-5! Gorgeous Darling Home.  Contact +Dallas Mortgage Pros  for great rates and easy closing.
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Richard Woodward

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Just Listed! Spectacular home in sought after N. Dallas location & Plano Schools! Spacious home is perfect for entertaining!  Contact  The Spurlock Team of Keller Williams Realty.  Contact +Dallas Mortgage Pros for your pre-approval
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great home!
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People
In his circles
2,607 people
Work
Occupation
Mortgage Lending
Skills
Mortgage Lending, Superior Customer Service, 203K Renovation Lending, FHA Mortgages, VA Mortgages, Conventional Mortgages, Jumbo Mortgages, Reverse Mortgages
Employment
  • Interlinc Mortgage Services
    Branch Manager, 2013 - present
    Branch Manager and top loan officers of The Richard Woodward Team
  • Envoy Mortgage
    Branch Manager, 2007 - 2013
  • World Savings
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Frisco, TX
Story
Tagline
Experienced and Cutting Edge Mortgage Lender offering exceptional service with great rates.
Introduction

Richard is an experienced and cutting-edge mortgage banker providing innovative mortgage solutions to clients.

Richard Woodward, founder Mortgage Pros which is now part Interlinc Mortgage Services, began his career with a top 10 nationwide lender. While working for the bank Richard became frustrated with the banks inability to find loans for all its borrowers, regardless of their situation. Richard helps people get into their dream home through affordable and innovative financing programs.

Interlinc Mortgage was founded under the mission to provide a full range of mortgage financing services to our clients and the real estate community through the execution of excellent customer service via a highly knowledgeable staff and professional business environment.

Richard's team takes great pride in its ability to find the perfect "fit" for each client. At Interlinc Mortgage, clients, builders and real estate professionals are treated with the utmost respect and given individual attention while meeting their unique needs.

At Interlinc Mortgage, clients are never lost in the crowd. Out intimate group of senior loan professionals stresses the value of customer service and follow-through on every loan or refinance arrangement.

Faster Loan Process. No Surprises.
Interlinc Mortgage is a mortgage bank – more than just a broker. We are able to ensure an accurate and faster closing process because each step occurs in-house – processing, underwriting, closing, funding, and shipping. And, because we control the entire process, there are no surprises at closing.

Experience the Future of Mortgage Banking
We don’t simply offer some of the most competitive rates in the mortgage industry, Interlinc Mortgage empowers borrowers with leading technology for a hassle-free experience. Most importantly, each feature is backed by around the clock attention to your loan:

  • Electronic signatures (eSign by FHM)
  • Digital documents
  • Online application process
  • Secure online loan status (24/7) 


Relationship Lending
At Interlinc Mortgage, our clients are not just another transaction. We strive to satisfy each customer so completely that they will tell their friends and family members about how much they enjoyed working with us. In fact, a high percentage of our business comes from customer referrals.  While we use the power of technology and the Internet to benefit clients like you, we are not a faceless web-based company. Each transaction has a dedicated mortgage banker assigned that will be in touch with you throughout the loan process. So you are assured of getting a premier level of service from an industry expert. 

Let’s Get Started
To put our experience, personal service and leading technology to work for you apply online now or call (866) 430-7767 today.

Bragging rights
Presidents Club Top Producer, D Magazine Top Lender Award, Texas Monthly Magazine 5-Star Top Lender Award
Education
  • Western Kentucky University
Basic Information
Gender
Male
I worked as the buyers lender on one of the listing that Jacque had. She was always so friendly and helpful. It is great to work with someone so professional.
Public - 6 months ago
reviewed 6 months ago
This is a horrible company with no concern for their customers. I have used them for almost five years and now have been trapped into another 2 years. Never use this company. Thank you for using the Better Business Bureau's Online Complaint System. Your complaint has been assigned case # 91264306. Filed on : August 22 2013 Filed by : Richard Woodward 17440 Dallas Parkway Suite 118 Dallas TX 75287 Filed against : Logix Communications 15301 Spectrum Dr Ste 330 Addison TX 75001-6462 Complaint Description: Logix extended my 5 year contract without full disclosure when I requested an upgrade to my service. I feel cheated and mislead. In November 2008 I signed a service agreement for them thriving business. At that time I needed many more phone lines. I reluctantly signed a five-year agreement. I no longer need all of the phone lines but when I requested some of them be removed so I could lower my bill, the request was refused. In July 2012 I needed to upgrade my Internet service so I requested a quote with a clear indication that I did not want to extend my contract. I was assured by very service person that by adding the extra Internet capacity and the additional $120 per month that I would not be extending my original contract date five years. On August 21, 2013 I called to discuss the cost to in my contract and to confirm the expiration date on what I thought would be September 30 first 2013. I was informed that the service work order that I signed had in fact extended my contract for two years and if I cancel now I would owe in early cancellation fee of $16,000. This contract extension was not fully disclosed to me and was in fact completely opposite of what the service person told me when I signed the service order. I find this type of business reprehensible and I would never lie to existing customer. I want my contract canceled at the end of the original five-year term and not extended. Your Desired Resolution: I want my contract to remain the same and to expire at the end of the original five-year term which would be September 30 2013.
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Public - 8 months ago
reviewed 8 months ago
2 reviews
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