Texas Mortgage Disclosure

Thanks to the current mortgage rates trend, the allure of cashing out on your home’s equity or shortening your loan term are reason enough to take advantage of current refinance mortgage rates, but at what cost? Today we’ll discuss one of the most frequently asked mortgage questions: What factors influence the cost to refinance? Knowing these factors will help you narrow down what to look for in a lender and loan so you can get your best-refinanced loan possible.

Buying a home for the first time can be overwhelming. From learning how much house you can afford and what percentage of income should go to a mortgage, there are some major mortgage questions you must first answer before you can begin the search for your dream home. Let’s discuss what percentage of income should go to a mortgage, why this income guideline exists, and the steps you can take to find out how much house you can comfortably afford.