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Read more about the article Saw your dream house? Here’s How to apply for a mortgage loan

Saw your dream house? Here’s How to apply for a mortgage loan

  • Post published:January 11, 2022
  • Post category:Blog

You've found you a forever home, and now you are looking for a mortgage. What do you need to do to start your application for a mortgage and start you…

Continue ReadingSaw your dream house? Here’s How to apply for a mortgage loan
Read more about the article Home equity loan bad credit equals no mortgage?

Home equity loan bad credit equals no mortgage?

  • Post published:January 1, 2022
  • Post category:Blog

Are you afraid you can't get a home equity loan because you have bad credit and won't qualify for a mortgage? If this is your situation, you can be eligible…

Continue ReadingHome equity loan bad credit equals no mortgage?
Read more about the article Mortgage loan modification

Mortgage loan modification

  • Post published:December 26, 2021
  • Post category:Blog

Mortgage loan modification is a request the borrower makes to help with his existing loan. It may be a request for a lower interest rate, a longer repayment scheme, or…

Continue ReadingMortgage loan modification
Read more about the article Getting a mortgage loan

Getting a mortgage loan

  • Post published:December 23, 2021
  • Post category:Blog

Are you getting a mortgage loan? Getting a mortgage loan doesn't have to be nerve-wracking if you know how to go about it. Here are the things you need to…

Continue ReadingGetting a mortgage loan
Read more about the article Free mortgage loan calculator

Free mortgage loan calculator

  • Post published:December 16, 2021
  • Post category:Blog

A free mortgage loan calculator on our website can help you see the big picture of how much you need to prepare for when applying for a loan mortgage. Understandably,…

Continue ReadingFree mortgage loan calculator
Read more about the article Mortgage loan payoff calculator

Mortgage loan payoff calculator

  • Post published:November 23, 2021
  • Post category:Blog

Want to save on hundreds of dollars and pay off your mortgage early? One of the many ways to do that is to add a few extra dollars to your…

Continue ReadingMortgage loan payoff calculator
Read more about the article Mortgage loan amortization

Mortgage loan amortization

  • Post published:November 19, 2021
  • Post category:Blog

Mortgage loan amortization is the process by which you will know how much you will be paying monthly for your mortgage loan. The amount will include the principal loan, interest,…

Continue ReadingMortgage loan amortization
Read more about the article Construction mortgage loan

Construction mortgage loan

  • Post published:October 18, 2021
  • Post category:Blog

Finding the perfect house is the beginning of your house-hunting journey. The next step is to find the best construction mortgage loan that will give you the best value for…

Continue ReadingConstruction mortgage loan
Read more about the article What is a Mortgage Loan?

What is a Mortgage Loan?

  • Post published:October 13, 2021
  • Post category:Blog

If you are eyeing a property but can't afford to pay for it, taking out a mortgage is one possible solution to your problem. So, what is a mortgage? A…

Continue ReadingWhat is a Mortgage Loan?
Read more about the article HELOC –  the Pros and Cons

HELOC – the Pros and Cons

  • Post published:September 28, 2021
  • Post category:Blog

HELOC or home equity line of credit is available for you whenever you need it. It is a secured form of credit, and the lender will use your home to…

Continue ReadingHELOC – the Pros and Cons
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Texas consumers: How to file a complaint

Figure: 7 TAC §81.200(c)

“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE 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 OBTAINED 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 WEBSITE AT WWW.SML.TEXAS.GOV.”

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