Texas Trust Loans Learning Center

An affordability calculator can be a complicated thing because when somebody asks a question related to the affordability

When you’re shopping for a mortgage loan, you may have encountered the phrase “APR- Annual Percentage Rate” being advertised.

If you think that you’re wasting money on rent, and you should instead do something to build your equity, you’re not the only one.

Mortgage Home Lenders are licensed professionals, and they provide you the cash either directly into your account or through a third-party to fund your mortgage loan

A real estate purchase agreement is a binding contract, generally between two parties, for a sale of a house or any other property.

Are you paying off your student loan debt? Well, you’re not alone as there are more than 44 million Americans who have student loan debt. If in the past you’ve made an investment in your education and now you want to make another investment in your new home, you may be questioning what options are available to you.

Housing is gradually taking center stage as more millennials getting married, starting their families, and earning more.

Even if you are pre-approved to purchase a home, it doesn’t mean that you are approved to buy any house. The type of property can itself have an impact on how much you can afford. Keep this in mind before you settle on a home.

Being self-employed and wanting to purchase a home can be very daunting, but the following information can make that process much more straightforward. We know that it can be very stressful and confusing, especially for the self-employed borrowers.

Most of the consumers here at Texas Trust Home Loans buy homes along with with a spouse, a family member, or even a close friend. If you’re thinking about adding a co-borrower in your mortgage application, we are here to help you in determining whether it will be an excellent decision to do so.

Purchasing a home can be an exciting journey and a great experience. Although prices of homes and rates of mortgages change all the time, one constant that purchases can safely rely on to is a fixed-rate mortgage that remains the same over time.

If you have been through a mortgage process before, the costs associated with them can still be confusing. In this blog, we will explain all the mechanisms and costs associated with a mortgage so that you can better understand it.

Your credit score is one of the critical factors that affect your interest rate when you are applying for a mortgage. Usually, the higher the credit score you have, the better rate you will get from your lenders.

Most people are usually concerned about their credit score when they are applying for a mortgage. A credit score is a sign that shows your capability of loan repayment, and it can also affect the interest rates you’ll be able to secure. Credit scores are important; however, what you might not know is another number, and that is debt-to-income (DTI) ratio.

To determine how much of a house, you can afford you should first calculate what monthly mortgage payment you can pay comfortably. At Texas Trust Loans, we aim to provide you with the best mortgage, one that you can manage comfortably in the long run. To understand what you can afford without any difficulty, you should match your monthly budget to your potential monthly loan payment.