Texas Home Lending News

Today’s rates   

New Home Purchase   

Conforming                      Interest rate     

30-yr fixed                       3.200%-3.250%

Rates are not static, they often change throughout the day. 

If another lender offers a lower rate, there's a buy-down involved.

Often not mentioned when quoting the lower rate  

Actual rates vary based on Loan Amount, Middle Credit Score, DTI, Term

Today’s rates based on a purchase 760 middle score, conforming loan, detached, primary residence, non-self-employed, detached, primary home

NMLS Number 863501



Shawn Smith
MLO/Broker | NMLS # 863501

(214) 396-3650 | Mobile: (817) 706-8619
shawn@sublimefinancial.com

www.sublimefinancial.com
Sublime Financial, LLC
14785 Preston Rd Dallas TX 75254
Posted by Shawn Smith NMLS#863501 on September 29th, 2021 9:06 AM


Today’s rates  

New Home Purchase  or    Refinance  

Conforming                        Interest rate     

30-yr fixed                         3.125%- 3.200%

Rates are not static, they often change throughout the day. 

If another lender offers a lower rate, there's a buy-down involved.

Often not mentioned when quoting the lower rate  

Actual rates vary based on Loan Amount, Middle Credit Score, DTI, Term

Today’s rates based on a purchase 740 middle score, conforming loan, detached, primary residence, non-self-employed, detached, primary home


Shawn Smith
MLO/Broker | NMLS # 863501

(214) 396-3650 | Mobile: (817) 706-8619
shawn@sublimefinancial.com

www.sublimefinancial.com
Sublime Financial, LLC
14785 Preston Rd Dallas TX 75254

NMLS # 1134044

Posted by Shawn Smith NMLS#863501 on September 1st, 2021 11:03 AM

Today’s rates

New Home Purchase       

Conforming                      Interest rate     

30-yr fixed                       3.00%- 3.50%

Rates are not static they often change throughout the day. 

If another lender offers a lower rate, there may be a buy-down involved.

Often not mentioned when quoting the lower rate  

Actual rates vary based on Loan Amount, Middle Credit Score, DTI, Term

Today’s rates based on a purchase 740 middle score, conforming loan, non-self-employed, detached, primary home

Shawn Smith
MLO/Broker | NMLS # 863501

(214) 396-3650 | Mobile: (817) 706-8619
shawn@sublimefinancial.com


Posted by Shawn Smith NMLS#863501 on August 2nd, 2021 11:00 AM
Here's some background on HOAs to know before you buy.
Homeowners Associations (HOAs) often manage community interests, including maintenance of common areas and cohesion of community atmosphere, in a development.

Condominium buildings almost always have an HOA. Planned communities with common areas and amenities or the goal of adhering to certain standards often have HOAs, too.

Buyers will be bound by guidelines contained in a set of bylaws. An elected board of homeowners governs the HOA.

How much does an HOA cost?
HOA fees range from a low annual payment to monthly charges. Fees can cover taxes, insurance, utilities, maintenance and even staffing for common areas, amenities, and security.

The cost to homeowners is calculated by dividing total expenses among the number of individual properties. In some cases, like condos, costs will be prorated based on the size of the unit. HOA fees will be considered for qualification of your mortgage loan.

What should I know before I buy?
It’s important for buyers and legal counsel to review all HOA documents before a purchase to ensure activities planned for the property, such as renovations or rentals, are allowed.
An HOA can enhance life in your community by taking care of common interests and protecting property values. If you have questions about HOAs or home financing in general, let me know. I’ll be glad to help.
Posted by Shawn Smith NMLS#863501 on July 30th, 2021 4:02 PM

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