Texas Trust Learning Center

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.

Choosing a real estate agent is a very important part of the homebuying process. We understand that the search for a credible real estate agent can be a time-consuming process. Prior to picking a real estate agent, you must ensure the agent has experience closing on a property.

Texas Trust’s mission is to build the trust of its customers by providing imitable service. We enjoy a competitive advantage by providing matchless services to our customers. One of the secrets of our success is the accurate Loan Estimate (LE) we provide to our customers. You may be aware that Texas Trust Home Loans offers a range of loans that suits our customers with different needs and financial requirements.

When you plan to take a mortgage, you do have choices about how do you want to repay your loan along with its interest.