Texas / Louisiana Home Mortgage Loan Blog

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RECENT BLOG POSTS
FHA New PMI Rates - January 2015   As per Mortgagee Letter 2015-01 we will have a rate reduction for the FHA Monthly PMI on all FHA loans for case numbers ordered after January 26, 2015 A 50 basis points reduction(1/2 point) is a significant savings for new FHA Loans. Making FHA a more attractive...
01/09/2015
New FHA Mortgage Loan Limits for Dallas FT Worth HUD delivered a little good news to the Dallas/Ft Worth market recently, in the form of higher FHA Loan Limits. Effective January 1st 2015 we have new and HIGHER loan limits for FHA Loans in our markets. While FHA is not always the best option, the...
12/10/2014
What Is My Home Worth? Free Homeowner Market Analysis!!   >>Click Here for Your Free Market Analysis Report *** NOTICE:  For the time being, the report form has a glitch. You MUST put ' something' in the phone number field or it will not work. (We're on it) *** Your Free Comparative Market Analys...
12/07/2014
Under Contract...!!!  Thanks to DMD Realty I have had the distinct pleasure of listing my home with Darrell Self, Broker/Owner of DMD Realty 469-438-5943.Darrell has been a great Dallas Area Realtor for us as this is the first time we sold a home (been here forever).  And although I am in a relat...
11/17/2014
Good article by Teral. There seems to be a mystery behind the topic and Teral has set us straight.Call Teral if you are looking to buy or sell a home.   Ever wonder who makes the choice of title company on a purchase contract for the sale of a house? It's a choice that both the buyer and the sell...
07/26/2014
3 FREE CE Credits + Take Home Tools Calling all Realtors.... 3 Free CE Credit + Lunch.** Share with colleagues. Feel free to call me with questions 214-763-4629No obligations or sales pitches. Just some SERIOUS content from a professional speaker. Feel free to share my flyer with your office. Or ...
07/15/2014
Using FHA Mortgages to Tax the Poor!!! The Dirty Truth Behind FHA MI Hikes Frank & Brian over at the National Real Estate Post have video blogged on this subject before....FHA is a cash cow for the Federal Government. They don't raise rates to stay solvent.... They are healthy.They raise rates to...
04/21/2014
I get questions about this a lot. Here is a good article explaing the 3 different values that are attached to your home. Though written by a Virginian, it applies to Texas as well!!     Buyers across the country have more than needed information about a particular home. Buyers are far more savvy ...
04/18/2014
Some good points are made here from my friend Larry Bettag. Not to mentioned '90 days to close' issues at the big banks..... The biggest point being that in most cases, with a large bank, you aren't dealing with a full time dedicated Loan Professional!!!     As a Wells Fargo Alumni I really want ...
02/27/2014
I recently run across an article about Manual Underwrite FHA Mortgage Loans. The full article here => Manual Underwrite FHA Loans The article begins with: FHA has “enhanced” its automated underwriting system Total Scorecard to reduce the number of applicants that are automatically approved or rej...
12/09/2013
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Tom Burris

Texas/Louisiana Mortgage Pro - 13 YRS Experience
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Your Texas Louisiana Mortgage Loan Officer, Tom Burris, The Texas-LouisianaLoanGuy, has been arranging Home Loans since 2004. Stress Free Mortgage Process.... Thorough pre-approvals... Hyper communication with the client and realtor partner sets the Texas-LouisianaLoanGuy apart from the rest. Your Mortgage should be fun!!! Contact the DallasLoanGuy Today!!! 214-763-4629 cell/text/nights/weekends