texas: Texas VA Home Loans Done Right - 10/03/16 08:02 AM
If you are looking for a Plano Texas VA home loan you have come to the right place.  Do you want special rates reserved for our country's heroes?  As a direct lender we cut out the middleman and provide our veterans with exceptional service and competitive rates.  Interlinc Mortgage is proud to serve our veterans and active-duty families of the United States Armed Forces in Plano Texas as well as all of Texas and provide excellent rates with our VA Home Loan Programs.  My team and I are very experienced and knowledgeable in all matters of VA home loans.  You will not have to go through an endless … (0 comments)

texas: No Money Down Home Loans Are Getting Better In Texas - 09/29/16 01:58 AM
No Down Payment USDA Mortgage Program Makes Texas Homes More Accessible 
One of the biggest challenges many Texas first-time home buyers or step up buyers face is a lack of down payment and the necessary funds for closing costs. However, even with the widespread availability of "no-money-down programs" evaporating in the credit crisis, one national no-down payment program still remains: USDA Rural Development home loans. The majority of Texas communities qualify for this program which could save home owners a considerable amount of money when compared to a FHA or conventional mortgages.
The Richard Woodward Mortgage Team has over a decade … (2 comments)

texas: How To Get The Best Texas Jumbo Mortgage for Your Luxury Home - 09/20/16 08:41 AM
A jumbo loan is defined as a loan whose loan amount exceeds the Fannie Mae conforming loan limit. In Plano Texas, the conforming loan limit is $417,000.  The Richard Woodward Mortgage Team is well versed in handling the special needs of luxury home buyers.  Buyers will receive the concierge service one should expect from a top Plano Texas mortgage professional. Discriminating luxury home buyers can rest assured that selecting The Richard Woodward Mortgage Team to handle your jumbo mortgage needs is always the right choice.  
 
Give us a call or email us today to discuss jumbo options available. We offer jumbo mortgages … (0 comments)

texas: How the Texas First Time Home Buyer Program Works - 09/12/16 08:26 AM
If you’re a first-time home buyer, the prospect of owning your first house is exciting and perhaps even daunting. There are several items to consider such as landing a good real estate agent, searching for the right home, and applying for a mortgage loan and getting approval. Another aspect of the process to consider is finding a home that fits within your budget as well as determining if you have sufficient money to cover the down payment and closing costs, which are some of the largest expenses for Texas first time home buyers.  Interlinc Mortgage Services, LLC offers qualified home buyers … (0 comments)

texas: Should You Use An FHA Loan To Buy Your Texas Home? - 08/24/16 09:33 PM
What is an FHA Loan?
An FHA insured loan (Federal Housing Administration) is a loan backed by the U.S. Department of Housing and Urban Development (HUD). Not only are FHA home loans are a viable option for many Texas first time home buyers, they are even great loans for step up buyers. Although FHA loans are government-backed, they are not grant or down payment assistance.  Lenders make these loans to home buyers and follow HUD guidelines.
However, FHA insures the loan for the lender for offering the loan with such a low down payment. The insurance is provided only to individuals, and approved … (0 comments)

texas: Just Listed and Open House Today 5779 Arminta Ave., Frisco, TX 75034 - 08/20/16 11:02 PM
OPEN SUNDAY - 3-5 PM in Prestigious Starwood just moments from the new Dallas Cowboys world headquarters and Toyota USA new headquarters. JUST LISTED Come by to see this gorgeous custom home and meet luxury home marketing specialist Michelle Campbell of Keller Williams Realty. 5 spacious Bedrooms and 4.5 Bathrooms. Game or Media room, 3 Car Front garage. Sparkling Pool and Spa, 4,819 SF. Fresh paint, new carpeting, great floor plan, 2 bedrooms down, 3 up, huge game room. Move-in ready! 5779 Arminta Ave., Frisco, TX 75034 Offered for $749,000.
See more details by visiting this website
I will be co-hosting the open house to answer all your … (8 comments)

texas: Warning! Are You Sabotoging Your Chances Of Buying A Plano Home - 08/14/16 08:57 PM
Things to Avoid While Purchasing a Plano Texas Home
Are you looking for a new mortgage? We'll be glad to talk about your mortgage needs! Give us a call today at (214) 945-1066. Want to get started? Apply Now.
What's more fun than buying a bunch of new furnishings to go in your future home? Not much. But making large purchases before your loan closes can be a mistake. Until your loan closes, there still remain some hurdles to jump. Below you'll find a list of things to avoid during this crucial time of your home purchase.
Don't overspend while your loan is in … (0 comments)

texas: There is a difference between Pre-qualified and Pre-approved Mortgages - 08/09/16 08:55 PM
Are you pre-qualified or pre-approved for a purchase loan?
Most people don't know the difference between a Pre-qualification and a Pre-Approval. As a top Plano Texas mortgage lender, we feel you should know the difference.  It could mean the difference between winning that competitive bid or being beat out by a buyer that was wise enough to complete the most important step - full Pre-Approval.  Before you begin to shop for a new home, you should set up a time to meet with me so we can figure out how much you can afford. This will put you in a better position as a buyer. That’s when … (2 comments)

texas: You Can Use A Reverse Mortgage To Purchase A Texas Home - 08/05/16 08:50 AM
What is a Reverse Mortgage?
If you are 62 years or older and have significant equity in your home, you may be eligible for a Home Equity Conversion Mortgage (HECM) loan, commonly known as a Reverse Mortgage.  
A HECM loan is insured by FHA and allows seniors to access a portion of the equity to be used however they choose, from paying off medical bills to supplementing their monthly income.  
A HECM can also be used to purchase new home.   Loan-to-value percentages are the same as for regular HECMs. The borrower can use the HECM to pay for part of the … (0 comments)

texas: How much down payment do you really need? - 07/25/16 08:53 AM
What is Happening in the Mortgage Market How much down payment you need to buy a Texas Home  

If you're saving up to buy your first home  or wondering if you have enough equity to trade out for another, you may be  relieved to know that for most buyers, low down payment options are still available.
Zero down
The Veterans Administration and the US Department of Agriculture (USDA) both offer a zero down loan program for individuals and/or properties that meet their criteria. Sometimes, loans require little or no cash out of pocket. Some HUD (Housing and Urban Development) properties are available with … (0 comments)

texas: How To Get Qualified For A Texas Home Mortgage - 07/13/16 08:23 AM
How To Get Qualified For A Texas Home Mortgage Hi and thank you for taking a moment to view this video. If you’re watching this you’re probably in the process of looking to buy a home. You may have heard that the process can be a little frustrating and challenging. It’s hard to get an offer accepted sometimes and you may be concerned that you can’t get approved.  You may have questions like how much of a down payment will I need, do I have to have perfect credit, what kind of an interest rate can I get or how much … (0 comments)

texas: How to include repairs and upgrades in your new Dallas home purchase - 06/08/16 11:51 PM

Great homes are in short supply.  Why not create your own dream home.  Select a home in your desired neighborhood or school district and customize it to suit your needs.  
Add an extra bedroom or bathroom, update the kitchen or install hardwood flooring.  My team at Interlinc Mortgage Services in ready to help your find your next Plano, Dallas, or any Texas home.  We have experts ready to help you.  Call today for the full details.  (214) 945-1066
 
Richard Woodward
Team Manager, NMLS ID 217454        
Office: (214) 945-1066      
Interlinc Mortgage Services, NMLS ID 205696  
7711 San Jacinto Place, Suite … (16 comments)