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The Spring Mortgage Team @ AmeriFirst Financial of Texas
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Have you ever wondered how your property taxes are calculated? We’re giving you an inside look today. Each year, your county assesses the value of your property based on a variety of factors. These include the local school district, community hospital, community colleges, and more. All of the information is out there online for you to see. To learn how to find it, watch this short video.https://youtu.be/nhKSxaNUNv8
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Do you know why mortgage rates go up and down? It is not random. The three big companies that own nearly all of the mortgage loans in the United States sell securities to investors. These securities have demand just like other investments. To find out how they work, watch my short video.

Learn more ↓
https://youtu.be/i7Sx2rCdWAI
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When Do You Need an Access Letter?

Do you have a mortgage and you are the only one listed? If you do, you may need to grant access to the loan for someone else. This is done with an access loan. For more information, watch my latest short video.

https://youtu.be/kBvyFomZ1BE
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Rapid ReScoring

Today, I want to talk about “rapid rescoring” your credit report. If you have a high-revolving credit balance or are stuck in another situation that is negatively impacting your credit score but you have the ability to pay off those account balances, rapid rescoring can improve your credit report in a hurry. This can come in handy if you have an upcoming mortgage approval or you’re closing on a home. To learn more about rapid rescoring and how it can help you, watch my latest video.
http://thespringmortgageteam.com/rapid-rescoring-your-credit-report.html
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A Quick Overview of the Appraisal Process

Today I want to talk about the dreaded appraisal process. Really though, it’s not that bad, and I’ll give you a quick breakdown of how it works. Once an appraiser is hired, they measure the house’s dimensions, take some pictures, verify some condition items, and then go back to their office to compare the house to other houses that have recently sold. To learn more about appraisals and why they’re necessary, watch my latest video.
http://thespringmortgageteam.com/a-quick-overview-of-the-appraisal-process.html
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Our Instructions for Conventional Loan Gift Funds

People often ask my team and I to explain how buyers can use gift funds toward their conventional loan. Today, I’d like to go over what we require in those circumstances. Actually, my team and I are much less intrusive on the donor in terms of documenting account ownership when it comes to gift funds for conventional loans. To learn more about what we require and how the process works, watch this short video.
http://thespringmortgageteam.com/our-instructions-for-conventional-loan-gift-funds.html
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Is It Better to Buy a Home Now or Wait?

Are you better off buying a home now or waiting? Today we’re going to weigh the cost of waiting to buy versus buying now. The truth is, every market is different, just like everyone’s financial situation is different. We can’t control the rise and fall of home prices or the rise and fall of interest rates. To learn how this influences your home buying timeline, watch my latest video.
http://thespringmortgageteam.com/is-it-better-to-buy-a-home-now-or-wait.html
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Do You Have Questions About Down Payments? We’ve Got Answers

If you’ve got any questions about down payments, we’ve got answers for you. A lot of people ask us how much they should put down when buying a home. Well, the truth is that it actually depends a whole lot on you. With our help, we’ll help you answer certain questions that will help determine what’s affordable to you. To learn more, watch this short video.
http://thespringmortgageteam.com/do-you-have-questions-about-down-payments-weve-got-answers.html
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How Can You Improve Your Credit Score?

Having good credit is a critical part of applying for a mortgage. How can you improve your score? First of all, you need to understand what your current accounts look like. To do this, my team and I can perform a soft credit pull. This will open up some options for you as you move forward. To learn more, watch this short video.
http://thespringmortgageteam.com/how-can-you-improve-your-credit-score.html
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What Income Is Considered When Qualifying for a Mortgage?

Today, I want to talk about what income is considered when qualifying for a mortgage. Understanding how incomes are verified isn’t as difficult as you might think. Certain types of income are verified in certain ways. For example, a self-employed person would need tax returns to verify their income. To learn more about what income is considered when qualifying for a mortgage, watch my latest video.
http://thespringmortgageteam.com/what-income-is-considered-when-qualifying-for-a-mortgage.html
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