Blog
You Don’t Have to be a Millionaire to Invest In Real Estate
You may think investing in real estate is something only millionaires can afford, but think again. Anyone can be a real estate investor—you just got to know the right steps to take. Real estate is one of the most common ways consumers build wealth over time, and with...
Must-Dos Before Applying for a Mortgage
How to Get Prepared for a Mortgage Application The first thing need to do is come up with a plan of action. You can’t just jump into this without thinking it through first. Obviously, you need to pre-prepare for the process and that’s what this article will be about....
The Perfect Time for Jumbo Loans?
Higher-end clients will fit into the “jumbo” category when obtaining a home loan. I’m not really sure where the name originally came from, but it is so-called because the amounts borrowed are higher than the prevailing conforming loan limit. In greater Austin, the...
Should You Cancel Your Mortgage Insurance?
For some reason, mortgage insurance has taken a bum rap from some. It’s a nuisance, an unnecessary expense that borrowers pay, but the lender benefits. Or so they say.
Benefits of Owning a Home
Are you thinking of buying your first home? You’re not alone, home sales in the Austin area have climbed year after year and 2018 looks like another good year for real estate. Owning a home is not an easy decision to make. After all, when you rent from someone else,...
A Guide to Buying Your First Home
Thinking about buying a house? No doubt, it can be an intimidating process for first-time homebuyers – but it doesn’t have to be.
Should You Refinance Your Mortgage?
Why refinance? Well, for starters, you can obtain a lower interest rate by choosing a program at a better rate than you currently have. You can lower your payment by stretching out your current balance over a new 30-year term. This means it will take longer for you to...
Mortgage Rates Are Rising. Here’s What You Can Do to Soften the Blow
In the market for a new home? With mortgage rates rising, you may want to consider a mortgage rate lock. What is a mortgage rate lock? A rate lock freezes an interest rate on a mortgage for a period of time. The lender guarantees (with a few exceptions) that the...
The Secret to Buying a Home with Bad Credit
What is bad credit? Ask a hundred lenders and you’re bound to get a hundred different answers. The truth is: you have dozens of credit scores, and they vary depending on the credit bureau and scoring model. It’s your FICO score, however, that really matters; 90% of...
TERA GILBERT - Texas US Bank Mortgage Loan Officer
NMLS# 543330
