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25 August 2015
Several of the largest banks in the U.S., including JPMorgan Chase and Bank of America, announced changes in August that would make it easier for lenders to issue jumbo mortgages. The qualifications for a larger-sized mortgage rate previously were a home down payment of at least 20 percent and a credit score of 740 or higher. With the relaxed requi
19 August 2015
Lenders must be prepared to work with unmarried couples looking to purchase homes. Almost one in five Americans purchased their first homes with their current spouses prior to getting married, a 2013 study by Coldwell Banker found. The frequency of that trend rose when focused on a younger demographic. The same research said 24 percent of millennia
19 August 2015
Owning and managing property is a tricky business, and those who are successful must have a strong understanding of how financing works. Landlords need to be able to turn profits in renting out units while simultaneously paying monthly mortgage payments for the buildings they own.Historically, mortgage lending to landlords was handled by specialize
19 August 2015
Think your basic housing materials are limited to wood or brick? Think again. Today's homebuilders have more options than ever when it comes to constructing the home of their dreams, from visually striking shipping containers to all-but-invisible hemp. The trend in unusual building materials is driven in part by a desire for stand-out design and by

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Texas Mortgage Banker Disclosure

Pursuant to the requirements of section 157.007 of the mortgage banker registration and residential mortgage loan originator act, chapter 157, texas finance code, you are hereby notified of the following:

Consumers wishing to file a complaint against a mortgage banker or a licensed mortgage banker residential mortgage loan originator should complete, sign and send a complaint form to the texas department of savings and mortgage lending, 2601 north lamar, suite 201, austin, texas 78705. Complaint forms and instructions may be downloaded and printed from the department's website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550.

The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's web site at www.sml.texas.gov.

Free Educational Pamphlets

Below are links to several free informational pamphlets provided by various government agencies. Feel free to print them out to review at your leisure.