Texas Home Lending News

THINKING OF A REFINANCE? THIS CALCULATOR MIGHT HELP!

How much could you save, Jason?

If you’re wondering how a refinance of your mortgage might affect your monthly payment, take a look at our Refinance Calculator . You simply plug in numbers for your current and desired loans, and we’ll calculate the difference in your payment, the months it will take you to break even on your costs, and even the rate of return on your costs.

I encourage you to play around with it. Then, if you want to discuss your specific scenario, click the button on the website to let me know.

If you think any of your friends, co-workers or family members would benefit from the refinance calculator, please feel free to forward it along. I’ll be happy to help them.

Thank you for your business and for your referrals.

CALCULATE YOUR SAVINGS

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 in:HOME MORTGAGEPosted in:15 year mortgagePosted in:30 year mortgagePosted in:40 year mortgagePosted in:10 year mortgagePosted in:fixed rate mortgagePosted in:best rate mortgagePosted in:adjustable mortgagePosted in:loan officerPosted in:get a mortgagePosted in:lowest rate mortgagePosted in:apply for a mortgagePosted in:mortgage applicationPosted in:home loanPosted in:finance my homePosted in:apply for a loanPosted in:get a loanPosted in:loan applicationPosted in:second mortgagePosted in:investment mortgagePosted in:commercial mortgagePosted in:bad credit mortgagePosted in:low credit mortgagePosted in:jumbo mortgage and tagged: MORTGAGE mortgage rates MORTGAGE LOAN mortgage interest rates mortgage comparison mortgage broker mortgage rates today mortgage simple definition mortgage calulator mortgage meaning mortgage definition mortgage loan broker mortgage loan calculator mortgage loan officer mortgage loan originator mortgage loan rates mortgage loan processor mortgage loans for bad credit mortgage loan payoff calculator

Posted by Shawn Smith NMLS#863501 on March 21st, 2022 9:12 AM

IS STUDENT LOAN DEBT HOLDING YOU BACK FROM OWNING A HOME?

Could this be the help you need, Jason?

If student loans are keeping you or someone you know from homeownership, help may have arrived.

The Federal Housing Administration (FHA) has changed the way student loan payments are counted when determining eligibility for federally insured mortgages.

The change is particularly helpful for student loan borrowers who are on an income-based repayment plan; whose loans are in an approved deferment or forbearance; or whose loans are not fully amortizing.

Previously, lenders were required to count 1% of the outstanding student loan balance toward monthly debt payments in those situations. That amount has been cut in half or even more in some cases.

If you or someone you know was previously unable to finance a home because your student debt load was deemed too high, let’s try again. Let's see if we can get you into the home you’ve always wanted.

Please reach out over your preferred channel. I am ready to help!

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 in:MORTGAGE LOANPosted in:flipping texas housesPosted in:moving to texasPosted in:CASH OUT REFINANCE TEXASPosted in:CASH OUT REFI TEXASPosted in:STUDENT LOANPosted in:HOME MORTGAGEPosted in:MORTGAGE TEXAS and tagged: Real Estate Texas HELOC TEXAS BUYING EXPENSIVE HOME TEXAS MORTGAGE RATES TEXAS flipping texas houses REFINANCE MY HOME IN TEXAS CASH OUT REFI TEXAS

Posted by Shawn Smith NMLS#863501 on March 8th, 2022 9:19 AM

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.

Texas Home Lending News

THINKING OF A REFINANCE? THIS CALCULATOR MIGHT HELP!

IS STUDENT LOAN DEBT HOLDING YOU BACK FROM OWNING A HOME?

Recent Posts:

Archives:

Categories:

My Favorite Blogs:

Sites That Link to This Blog:

Home Status Report