Tips For Selling Your Home During Winter Months

Tips For Selling Your Home During Winter Months

With the current pandemic in place, the housing market has experienced an exponential increase in demand for houses. As a result of this, it is a great time to sell your home. Let us tell you more about why it’s a great time to sell even though we are currently in the middle of winter and a pandemic.

 

Under normal conditions, selling your home during the winter could come with its unique challenges. You would need to make your home “seller friendly.” This means that you need to make sure that the home is updated, looks attractive to borrowers, and been cleared of any cosmetic problems. The walls should have a fresh coat of paint and there should be new flooring. Some folks complete a full renovation of their house from top to bottom This includes making sure every room looks good, updating any lighting fixtures, and making sure home appliances are up to date. The appraisal of your home needs to be on par with the asking price.

 

Another thing you would need to do in a “normal” market is set yourself apart. Before the pandemic happened, there was a slightly different process for viewing a home. There would be a showing where a realtor would set up sandwiches in the kitchen and stage the home so borrowers could see themselves living in the space. Viewings are important because borrowers need to imagine what their life could be like in the home.

 

House showings have been different during the pandemic. People cannot just walk into an open house, so the housing industry has gotten more creative. There are apps that borrowers can use to schedule viewings. Regulators have also placed limits on the number of people who can see a home at a time. Virtual home tours are becoming an increasingly popular way to look at homes.

 

The demand for new homes has come from an abundance of different places. When people sell their homes during the winter, it is typically harder because the supply is higher than the demand of the home. Currently, this is not an issue because the supply is not keeping up with the demand in the housing market. People who are currently working from home with their spouses and/or children are realizing they need more space.

 

When working in close quarters with others, it has made people come to the realization that upgrading their space would be beneficial. An issue some people have is that they are hesitant to move during the winter because this would interfere with a child’s schooling. Moving right now is a little easier than it has been in recent years.

 

Right now, it does not matter when you sell your house. The usual hurdle associated with selling your home during winter months could be the curb appeal of the home. The front yard or garden may not be as vibrant as it would be in warmer months. Imagine looking at a nice two-story house with a fresh paint job on the outside, a newly manicured garden, and a clean driveway. This entices the borrower to see what else the home has to offer.

 

The season changes are usually not as noticeable in states with a warmer climate, like Florida, Alabama or Arizona. In places where it is warm all year-round, this would not be an issue. With this in mind, it is a little easier to sell a home in states located in the southern parts of the country because curb appeal can be maintained.

 

The natural next question to have is what’s next. If you want to buy another home, you want to put your trust in a reputable lender. Rates are in the two’s, which makes it a great time to buy a home or refinance for a lower mortgage payment. If you’re prepared to take the next step, we can help!

While you check out the Schutze Team Facebook page, stop by our website at theschutzeteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate.

Call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on ConventionalFHAMortgage RefinancesJumbo LoansDebt Consolidation LoansRate and Term RefinancesCash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval

Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

A Great Time to Refinance

A Great Time to Refinance

With national mortgages rates at historic lows, people are considering the option to refinance. Let us tell you why people around the country are refinancing their homes right now and saving money on their monthly payment.

Refinancing is an option that homeowners look at their mortgage to see if they can get a lower monthly payment.  In 2020, our borrowers who completed a rate and term refinance with a 30-year term saved on average about $339 per month. You may ask yourself what is that? Simply put, a rate and term refinance is when you adjust the interest rate and term of your mortgage while maintaining the original remaining principal amount.

Other options include a cash out refinance. You essentially trade out your current loan for a new one, but you can take out the monetary difference between the two loans in cash. This option is appealing to homeowners because they can put this money toward a financial goal.

Mortgage rates are changing all of the time, but they have been consistently low over the last few months as the market has struggled. Rates are in the two’s to be exact! This means that homeowners have the opportunity to examine options available to them to see if they can get a lower rate. If you can get a lower payment, think about the money that you can save or direct toward another financial goal.

A question you should ask yourself, as you consider refinancing, is: What would you do with an extra $300 a month, which was only the average in 2020? This is Here are some different things that you could do with the money you saved on your mortgage payment.

Consolidate your debt

One way to use the money is to consolidate your debt, which can raise your credit score. You can pay off your credit card debt, student loan debt, and any other obligations you may have right now. If you take care of the debt now, you should have more money for the things you want in the long run.

Go on a family vacation

The current global health crisis that we are living through has caused certain changes in our day to day lives. Travelling may not look the same for us especially with certain countries placing restrictions on tourist travel. However, there are ways to get around this. You can take a solo or family vacation into the woods. The benefits of this includes fresh air, activities like fishing and hunting, and getting away from the busy city life. You work hard. You deserve a moment to unwind every now and then.

Another vacation related thing you can do is plan for one. Let’s say you have the money you need for the vacation you want right now, but the country has travel restrictions. You can save money to take the vacation you want when the country you want to visit is open to visitors.

Purchase a new car

Aside from a house, one of the other biggest purchases you’ll make in your life is a car. There are nice sports cars, affordable family vehicles and sustainable, electric cars. Everyone’s dream life looks a little bit different. A cash out refinance could potentially supply a person with the funds to buy a new car.

Do home improvement projects

With the money you could receive from a cash out refinance, it could go towards home improvements. You can use it to buy the new refrigerator you’ve been eyeing or complete that new fence project you’ve put off for months. You could even upgrade your laundry game with a new washer and dryer. Home improvement projects take time, patience and a little extra cash to make it happen. A cash out refinance could be just what you need to update your home. Making sure your home it up to date is also important when it comes to selling your home.

Buying a home is only the first step in your life as a homeowner. It is up to you to keep climbing to get the best mortgage. We can help you refinance in as little as 14 days. Our excellent customer service will keep you informed and confident every step of the way. Our streamlined process takes care of the refinance process from start to finish. Give us a call today!

While you check out the Schutze Team Facebook page, stop by our website at theschutzeteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate.

While you check out the Schutze Team Facebook page, stop by our website at theschutzeteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate.

Call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on ConventionalFHAMortgage RefinancesJumbo LoansDebt Consolidation LoansRate and Term RefinancesCash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval

Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

Buy Your Dream Home in 2021 Part 3: Make It Your Own

Buy Your Dream Home in 2021 Part 3: Make It Your Own

In this final installment of the series, let’s talk about decorating. In the beginning of the series, we talked about how to prepare for buying your dream home. In last week’s article, we went over the actual mortgage process. In this article, we will focus on things to keep in mind once you have the keys to your dream house in your possession.

It’s time to transform your new house into your dream home!

A new house is a blank canvas. You are free to make it a place you seek solitude or entertain guests like your friends and family. The choice is up to you. With owning a home, you do not have a landlord that you answer to. You are free to switch things up and customize as you see fit within the confines of your home.

Here is are some suggestions on how to decorate your place.

Create a budget

You can create your dream home using the same budgeting techniques you used to save the money to buy the house. There should be money set aside for the things you want in your home, such as a new bedroom set, living room seating and dining room décor.

Explore different styles

There are many decorating styles to choose from based on your personal preference to where you live in the country. Traditional is a popular style with elegant wallpaper, beautiful curtains and statement lighting.

Another popular design is coastal, which can bring nautical themes into your home. Bringing influences from the region you live in can make your house feel more like home. Pro-Tip: Adding a house plant can both brighten up the space and purify the air. Plants are your friend.

Consider DIY projects

Do-it-yourself projects can be an easy way to customize your house while saving money. A couple of popular projects are painting the walls a different color or laying down new flooring with a group of friends. Completing the move without professional movers is also a common way to save money.

There are other projects that you can explore as well to liven up the new home. There are tutorials on how to make different furniture items located all over the internet. In recent months, do-it-yourself projects have taken the internet by storm. You can learn how to make beautifully mirrored nightstands, refurbished couches and re-upholstered armchairs from sources like Google or YouTube.

Later down the road, you may want to think about completing a cash out refinance. This is where you trade out your home loan for another one with a lower interest rate with a larger amount than owed on the previously existing loan. A cash out refinance helps borrowers use their home mortgage to obtain cash. While rates are low, it is a good idea to assess where you are at in paying off your loan as well as the interest rate you have. These factors in addition to the percentage of equity you have left in the loan should help you decide if it is right for you to refinance. However, if you just bought your home, this may not be a top priority for you at the moment. This is just a quick tip to keep in mind.

To wrap this up, it is ultimately up to you to create your dream home. A new house is a new beginning. This is a place where you will create new memories and new traditions. Buying your dream home will be one of the most important investments you make in your life. Making sure your home looks the way you want is the last part to finish before you unveil it to you friends and family.

While you check out the Schutze Team Facebook page, stop by our website at theschutzeteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate.

Call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on ConventionalFHAMortgage RefinancesJumbo LoansDebt Consolidation LoansRate and Term RefinancesCash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval

Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

Buy Your Dream Home in 2021 Part 2: The Mortgage Process

Buy Your Dream Home in 2021: Part 2: The Mortgage Process

In this second installment of this series, we will talk about the ins and outs of the actual home loan process.

Buying a house can be a daunting task, but when you break a larger task into smaller parts, it becomes more manageable. We are here to empower you with the knowledge you need to go into the process confidently.

The steps you need to know will be broken down into pre-approval, an appraisal, underwriting, and closing. The sections below will guide you easily through the process.

First: Get pre-approved

The pre-approval process can start with the 5 minute loan approval. You will need to inform the lender of your credit score, employment history, budget, and how much you have for a down payment.

The lender reviews this and other important information, after which they may offer a pre-approval letter. If after reviewing the information, and the lender does not see any reason why you couldn’t buy a home for what you’re looking for, you can move forward to the next step.

Second: Get an appraisal

Often, a lender must obtain an appraisal to determine if the home’s value supports the requested loan amount.

Third: Get the loan approved

Once the appraisal is complete and the home is worth the investment, the file is sent to underwriting. In some cases, there are lenders who have underwriters who work for them. Underwriters go through everything with a fine-tooth comb to ensure the file meets all loan product and regulatory requirements to approve the loan.

Last: Closing

Once the contract has been submitted for “clear to close,” the lender can close the loan. This will result in closing costs, but first-time homebuyers can seek out programs where they may not have to come out-of-pocket for them. And that’s it!

Hopefully, the breakdown of this process will get you one step closer to owning your dream home. In the last post of this series, we will talk about the benefits of owning a home versus renting one. Stay tuned!

While you check out the Bowersock Team Facebook page, stop by our website at Bowersockteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate. Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.
Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

How Can We Help You?

Texas Mortgage Lender





    Texas Home Loans & Mortgages

    HOME LOAN REFINANCE

    Pay Off High Interest Debt and Cash-out Equity In Your Home

    FHA HOME LOAN

    Flexible Home Mortgage Guidelines With Attractive Rates

    HARP HOME LOAN

    Refinance Your Current Home Mortgage Without An Appraisal

    JUMBO HOME LOAN

    Higher-Dollar Home Loans From A Trusted Mortgage Lender

    BANK STATEMENT MORTGAGE

    Home Mortgage For Business Owners & Self-Employed

    The Dream Lives On: Happy MLK Day

    The Dream Lives On: Happy MLK Day

    Go back to: Mortgage News | Homepage

    The Dream Lives On: Happy MLK Day

    The Dream Lives On: Happy MLK Day

    Happy Dr. Martin Luther King Jr. Day!

    This day honors the late civil rights activist and clergyman for his work and accomplishments in the United States. Dr. King led many demonstrations and protests in the name of equality for all.

    Dr. Martin Luther King, Jr. Day, or MLK Day as it is commonly known, is traditionally known as a day where people volunteer their time and participate in community service projects. We are no strangers to giving back to the communities we serve. In the past, we have supported Climb For The Kids, the Bataan Memorial Death March, and other charitable activities.

    If you’re looking for a charity where you can volunteer some of your time on MLK Day, and you either live in or are visiting the St. Louis area, here are a few organizations we have worked with in the past that could use a good helping hand:

    Friends of Kids With Cancer

    Friends of Kids with Cancer was founded in 1992 by Jill Turec, a Developmental Specialist, along with Molly Henry and Suzie Snowden, who were parents of children in treatment. Molly and Suzie witnessed their kids’ struggles and saw the need for diversions in their lives. Friends of Kids with Cancer has a 28-year history of helping kids with cancer just be kids in St. Louis.

    St. Patrick’s Center

    St. Patrick Center provides opportunities for self-sufficiency and dignity to people who are homeless or at risk of becoming homeless. Individuals and families build permanent, positive change in their lives through safe and affordable housing, sound mental and physical health, and employment and financial stability.

    Catherine Cares

    Catherine Cares donates their services to our hospital, maternal and fetal center, and doctor office partners. These partners give the items to the families on behalf of Catherine Cares. Since their launch on December 20, 2014, they have given hospitals over $11,000 worth of restaurant, fuel and grocery gift cards to our hospital partners. Catherine Cares offers many fun and unique ways for individuals to support our mission and the families we serve.

    Girls On The Run

    Girls on the Run is a physical activity-based positive youth development program (PA-PYD) designed to develop and enhance girls’ social, psychological and physical competencies to successfully navigate life experiences. The mission of Girls on the Run St. Louis is to empower girls for a lifetime of healthy living. Their program for girls in the third through eighth grades inspires girls to be joyful, healthy and confident using a fun, experience-based curriculum which creatively integrates running.

    FightDMD

    Currently, FightDMD is raising money to initiate the research to find a cure for Duchenne Muscular Dystrophy. If their foundation is a success, the foundation will be eliminated and DMD kids will live a long and healthy life. FightDMD is supporting Vanderbilt in their efforts to improve care, advance cardiomyopathy research, and educate the primary care physicians and patients about Duchenne. In 2018, they pledged $40,000 towards research. So far, they have committed $250,000 to research at Vanderbilt with plans to continue working towards $500,000.

    Sydney’s Soldiers Always

    The Sydney’s Soldiers Always Foundation believes that children are the greatest resource and treasure, who deserve more than 4% of federal funding for cancer research. No child or family should fight alone. The wishes, needs, and rights of clients (pediatric cancer patients and their families) are to be given consideration before that of board members or other representative of the foundation.

    We hope you take some time today to think about what ways you can give back and the great future that lies ahead. It takes all of us to make a lasting change; we hope you’re as inspired as we are to make this world better for everyone.

    While you check out the Bowersock Team Facebook page, stop by our website at Bowersockteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate. Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.
    Arien Bowersock

    Arien Bowersock

    I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

    How Can We Help You?

    Texas Mortgage Lender





      Texas Home Loans & Mortgages

      HOME LOAN REFINANCE

      Pay Off High Interest Debt and Cash-out Equity In Your Home

      FHA HOME LOAN

      Flexible Home Mortgage Guidelines With Attractive Rates

      HARP HOME LOAN

      Refinance Your Current Home Mortgage Without An Appraisal

      JUMBO HOME LOAN

      Higher-Dollar Home Loans From A Trusted Mortgage Lender

      BANK STATEMENT MORTGAGE

      Home Mortgage For Business Owners & Self-Employed

      Buy Your Dream Home in 2021 Part 1: The Preparation

      Buy Your Dream Home in 2021 Part 1: The Preparation

      Everyone has a vision of what their dream home looks like. Some people love a spacious kitchen and others love a big, open backyard complete with a swimming pool. Once you have decided what you want in a home, you may ask yourself, what is the next step? The answer is that you must prepare for the mortgage process.

       

       

      Setting yourself up for success includes preparing for the mortgage process. Lenders look for potential homebuyers who have a few things nailed down. It makes them more willing to approve the loan you are looking for.

       

       

      For this post, we talked to mortgage professionals and asked them what people should work on when looking to buy a home. The sections below talk about credit scores, budgets, and the down payment on a home.

       

       

      First: Assess your credit

       

       

      The better your credit score, the more likely it is that you will get the home you’ve always dreamed of. According to FICO, mortgage industry most credit scores range from 300-850. Scores on the higher end of this spectrum increase your chances only securing the home you want.

       

       

      Second: Determine your budget

       

       

      Creating a budget is essential to make sure you can afford what you want to buy. Figure out what houses are in your price-point so that you don’t fall in love with a “forever home” outside of your budget. This tip is a life saver – believe us!

       

       

      Third: Understand down payment

       

       

      Down payments are one of the most important steps in buying a home, although some loan programs may not require one. A down payment typically represents a percentage of the full purchase price. This is money you should save, set aside, and have ready for the home you get approved for.

       

       

      Now that you have more information on the preparation necessary for buying your dream home, in our next blog post, we will discuss the actual process. It will not be anything too difficult to follow. We will keep it straightforward to build your confidence in finding your dream home.

       

      While you check out the Bowersock Team Facebook page, stop by our website at Bowersockteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate.

       

      Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

      Arien Bowersock

      Arien Bowersock

      I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

      How Can We Help You?

      Texas Mortgage Lender





        Texas Home Loans & Mortgages

        HOME LOAN REFINANCE

        Pay Off High Interest Debt and Cash-out Equity In Your Home

        FHA HOME LOAN

        Flexible Home Mortgage Guidelines With Attractive Rates

        HARP HOME LOAN

        Refinance Your Current Home Mortgage Without An Appraisal

        JUMBO HOME LOAN

        Higher-Dollar Home Loans From A Trusted Mortgage Lender

        BANK STATEMENT MORTGAGE

        Home Mortgage For Business Owners & Self-Employed

        Winding down from the holidays? Perfect time to refinance

        Winding down from the holidays? Perfect time to refinance

        Go back to: Mortgage News | Homepage

        Winding down from the holidays? Perfect time to refinance

        Winding down from the holidays? Perfect time to refinance

        Okay so you have made grandma’s recipe for the perfect pot roast or oven baked ham, spent time with your family over a video call, and enjoyed a bunch of holiday movies in your beautiful home. Now what?

        An estimated 19 million homeowners in the U.S. can benefit from refinancing their mortgage payments. According to Black Knight, a data and analytics provider for the mortgage and real estate industries, the incentive to refinance remains high for homeowners with a 30-year mortgage.

        As of January 5, 2020, here are the mortgage rates in the United States were found to be as low as:

        15-year fixed rate: 2.44%

        30-year fixed rate: 2.75%

        Refinancing is a great way to save money on your home. You have already bought it, settled in, and created a bunch of memories, so one way to enhance your home experience would be to pay less on your mortgage payment.

        Working to refinance your home is not the simplest task to do. You are basically taking out another loan like when you bought your house the first time. However, there are payoffs associated with doing this. Here are some things to consider when refinancing your home.

        Consider your interest rate

        Refinancing your home will not automatically reduce your monthly rate. You must be strategic about it and enlist the help of people who have experience with home loans. Our mortgage company employs the best of the mortgage industry. We have experienced loan officers with proven track records in getting our clients what they want, which is ultimately savings and the best deal.

        Consider your timeline

        may not be the best move to refinance a loan that is nearing its completion. You must keep track of where you are at in your home loan to make the best financial decisions. Will you be moving to another state? You may want to keep the home and rent it out and, in this case, refinancing could be a great option.

        Consider your employment

        Are you an educator who teaches students what they need to know to be successful? Are you a veteran who has dedicated their life to the service? Are you a medical professional or a first responder who has spent most of 2020 making sure every day American citizens are taken care of? You will want to look for programs, such as the Teacher’s Appreciation Program, Hero Loan, and the Healthcare and First Responders Program to serve your needs. These programs are designed to help hard-working citizens who are hometown heroes because these essential services keep our communities together.

        Cheers to the new year! In our next article, we will talk about how you can prepare to buy a home in the new year. 2021 is here, so it is time to start planning.

        While you check out the Bowersock Team Facebook page, stop by our website at Bowersockteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate. Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.
        Arien Bowersock

        Arien Bowersock

        I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

        How Can We Help You?

        Texas Mortgage Lender





          Texas Home Loans & Mortgages

          HOME LOAN REFINANCE

          Pay Off High Interest Debt and Cash-out Equity In Your Home

          FHA HOME LOAN

          Flexible Home Mortgage Guidelines With Attractive Rates

          HARP HOME LOAN

          Refinance Your Current Home Mortgage Without An Appraisal

          JUMBO HOME LOAN

          Higher-Dollar Home Loans From A Trusted Mortgage Lender

          BANK STATEMENT MORTGAGE

          Home Mortgage For Business Owners & Self-Employed

          Happy Holidays from everyone at The Bowersock Team

          Happy Holidays from the Bowersock Team

          We would like to take the time to tell everyone thank you from the bottom of our hearts.

          We appreciate you taking time to support us by reading our articles, written with the intent to prepare people for home ownership.

          The holiday season is the time of the year where we take time to reflect on the year and evaluate what we will do in the upcoming year 2021.

          At the core of our company, our hearts are invested in giving back.

          2020 held a lot of changes for people: some endings and some beginnings.

          We work hard to ensure people make the right decisions in homebuying to be able to donate and support charities in our communities.

          We know that the holidays have looked a little different for you this year, but it is our sincerest hope that you and your loved ones have kept yourselves safe through this crisis.

          While the housing market is doing excellent especially when compared to last year, there are some families who are struggling day to day. At our company, we strive to help and give back to the best of our abilities to communities, including donating to non-profit organizations and supporting local businesses when possible.

          We are honored to be trusted with your business.

          To our past clients, healthcare heroes, frontline workers and everyone in between reading this, we wish you the best and happy holidays!

          While you check out the Bowersock Team Facebook page, stop by our website at Bowersockteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate. Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.
          Arien Bowersock

          Arien Bowersock

          I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

          How Can We Help You?

          Texas Mortgage Lender





            Texas Home Loans & Mortgages

            HOME LOAN REFINANCE

            Pay Off High Interest Debt and Cash-out Equity In Your Home

            FHA HOME LOAN

            Flexible Home Mortgage Guidelines With Attractive Rates

            HARP HOME LOAN

            Refinance Your Current Home Mortgage Without An Appraisal

            JUMBO HOME LOAN

            Higher-Dollar Home Loans From A Trusted Mortgage Lender

            BANK STATEMENT MORTGAGE

            Home Mortgage For Business Owners & Self-Employed

            The 12 Days of Christmas Bowersock Team

            12 Days of Christmas Bowersock Team

            The Bowersock Team has spent 2020 supplying home loan initiatives to communities, which included donating to non-profit organizations for Giving Tuesday and our next program, the 12 Days of Christmas.

            This holiday season, we are having our annual 12 Days of Christmas! It is our yearly way to say thank you to everyone who supports our business and to have a little fun with gift-giving in the month of December.

            The Bowersock Team 12 Days of Christmas begins this Monday, December 7 and runs until Tuesday, December 22!

            Starting tomorrow, for the next 12 days, we will give away a prize on our company Facebook page! All you need to do is visit our page and post an answer to our trivia question and you are in! A winner will be selected on each day of the giveaway.

            The Bowersock Team will be giving away prizes that include exciting technology items and gift cards to support local businesses. Check back each day to see what we will give away. You do not want to miss this!

            While you check out the Bowersock Team Facebook page, stop by our website at Bowersockteam.com to see how much you can save on your mortgage by refinancing with a low mortgage rate.

            Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

            Arien Bowersock

            Arien Bowersock

            I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

            How Can We Help You?

            Texas Mortgage Lender





              Texas Home Loans & Mortgages

              HOME LOAN REFINANCE

              Pay Off High Interest Debt and Cash-out Equity In Your Home

              FHA HOME LOAN

              Flexible Home Mortgage Guidelines With Attractive Rates

              HARP HOME LOAN

              Refinance Your Current Home Mortgage Without An Appraisal

              JUMBO HOME LOAN

              Higher-Dollar Home Loans From A Trusted Mortgage Lender

              BANK STATEMENT MORTGAGE

              Home Mortgage For Business Owners & Self-Employed

              Shop Local For Your Mortgage in Texas

              Shop Local For Your Mortgage in Texas

              The pandemic has disrupted our daily lives in a major way. The way we shop is just one of the examples of how life has changed due to the COVID-19 global health crisis. Now more than ever, it is important to support local businesses in Texas, whether it is Christmas shopping, a local grocery store, or shopping for a new home.

              There are many reasons to support local businesses. At the same time, buying a house, especially for a first-time home buyer, is a long rewarding process that should be handled with people who know what they are doing. Here are the top three reasons why you should support local businesses when buying a house in Texas.

              1. Local businesses need the most support at this moment in time

              According to the U.S. Small Business Administration, there are a little over 30 million small businesses in the nation, which made up 99.9 percent of U.S. businesses in 2018. These businesses improved the unemployment rate in the country and employ almost half of U.S. workers. When looking to buy a home, it is advantageous to use a small, local business.

              2. Supporting a local business can support other local businesses

              Some local businesses use the money they take in to give back to other businesses in the community. Every year, organizations across the nation take part in Giving Tuesday, which is also true for us. In the past, we have donated to non-profit organizations that support ending child hunger, aiding first responders, and housing the homeless. Local businesses often pour money and resources back into the communities they serve.

              3. Make decisions with trustworthy, local businesses

              The advantages of using a local business is that oftentimes, they understand the local economy and local housing market. Local mortgage lenders in Texas usually streamline the process so homebuyers can get the home loan process completed at their office without a middleman. Local mortgage lenders, like the us, can also find out if you are eligible for a home loan in a process as short as five minutes. In addition to answering any questions about buying a home, we can also find out if you are eligible for a home loan in a process as short as five minutes. Be sure to take advantage of local, personalized services near you.

              It is a critical time in history where communities are coming together to support others through the health crisis and restrictions placed on businesses. Our local businesses could really use the support, so try to shop locally this holiday season.

              Call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

              Arien Bowersock

              Arien Bowersock

              I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!

              How Can We Help You?

              Texas Mortgage Lender





                Texas Home Loans & Mortgages

                HOME LOAN REFINANCE

                Pay Off High Interest Debt and Cash-out Equity In Your Home

                FHA HOME LOAN

                Flexible Home Mortgage Guidelines With Attractive Rates

                HARP HOME LOAN

                Refinance Your Current Home Mortgage Without An Appraisal

                JUMBO HOME LOAN

                Higher-Dollar Home Loans From A Trusted Mortgage Lender

                BANK STATEMENT MORTGAGE

                Home Mortgage For Business Owners & Self-Employed