Home Refinance - An Intelligent Step Towards Prosperity

With rising property prices and difficult economic conditions in Texas, refinancing homes are becoming the only viable option for many people in Texas to pay off existing debt. It is seen as an opportunity to finance the existing debt by making a fresh start. It may appear as a foolproof solution for many people but in reality it can open the door to prosperity and success for anyone.

You have the option to refinance your home and your property in Texas by obtaining a loan to pay off the existing debt. Home financing loans in Texas can help you in two ways by getting your hands on extra cash in the current way.

Applying for a home refinancing loan is becoming more attractive to many people in Texas because they may get a lower interest rate due to favorable market trends. Those opting for this loan have the option of refinancing or becoming more financially strong, called a home equity loan.

With a rate and term refinance, the borrower has the option of lowering the interest rate by paying on the amount already borrowed or changing it to suit their needs. This may mean that the loan tenure is greatly extended and even if you are trying to reduce the monthly installments by half, it is double. However, when you apply for a home equity loan to refinance your home, it means that you are borrowing more money against the equity or value of your home to pay off the existing debt.

There are arguments both in favor and in favor of debt refinancing in Texas. For some people it is a great folly to spread the loan amount over a long period of time which can be repaid easily. Those on the side rightly claim that these loans can help save a lot of money over time which can lead to a prosperous life.

Refinancing home loans are a very good option for those who have a lot of small loans that need to be repaid. To pay off a lot of small loans, the collective interest being paid by the borrower is a fairly high amount. By taking refinance loans and paying others, the borrower can save a lot of money in the form of low interest rates paid on the loan. Thus refinancing a home loan in Texas can help you save a lot of money over time which can be used for some other purposes rather than paying off the loan.

If you are looking into a refinance loan, this does not mean that you will have to extend the loan over a very long period. Since there are low interest rates, you can consider making slightly higher monthly payments than before.

There are many aspects of refinance loan and if a person goes for it after doing their homework, it can lead to prosperity in future. So get online and find the best option for home refinancing in Texas and get the best deal by visiting local business portals in Texas.

For more information about home refinancing in Texas, please see;

https://www.berkshirelending.com/purchase-a-home/fha/

Getting Approved for a Bad Credit Home Equity Loan

Until 1998, home equity loans were illegal in the state of Texas. Fortunately, the law prohibiting homeowners from borrowing from their equity in Texas has been amended. Anyone who owns their home can now take out the excess equity they have created - this includes the owner of a house with bad credit.

Getting Approved for a Bad Credit Home Equity Loan

Bad credit home equity loan is one of the easiest loans that are approved. These types of loans are secured by your home, which means that you are the one to accept the most risk. If you miss payments, you lose your home. No matter how bad your credit is you should be able to get approved for a Texas home equity loan. You only have to prove to the lender that you can pay back the loan monthly.

How Bad Credit Affects Home Equity Loan Rates

Even though it is easy to get a home equity loan with bad credit in Texas, there will be a price to pay. This price is mainly in the form of interest. Having bad credit means that you will pay a higher rate than the average borrower. For example, the current rate on home equity loans in Texas is 8.16 percent on average. If you have recently filed bankruptcy or if you have more than a few bmmas on your credit, you can expect to pay a double-digit rate.

Comparing Home Equity Loan Lenders

A home equity loan can be one of the best ways to obtain money for debt consolidation, college tuition, medical bills, home improvements, and other big-ticket expenses. At the same time, you do not want to waste the equity built into your home. When getting a bad credit home equity loan in Texas, it is imperative that you take the time to compare and contrast lenders. Rates, conditions and lending fees can vary greatly. Be a smart shopper and make sure you get the best deal possible.

Apply Online Loans In Texas

USDA Rural Development Home Loan Program - Berkshire Lending

Texas USDA Rural Development Home Loan Information

The Texas USDA Rural Development Home Loan Program was designed to provide affordable housing for residents in rural areas. In many cases it is the best mortgage for buyers in rural areas. Here are some features of the USDA RD program:

• 100% Financing - No Down Payment Required
• No cash reserves are required - many other programs require that you have a certain amount of cash upon closing.
• Seller concessions are allowed up to 6% - this means that the seller can pay some or all of your closing costs
• There is no minimum FICO credit score - customers with no credit history may qualify. (People with credit history must have good credit)
• There is no limit on the purchase price - it should be reasonable for your income
• 
  
• Not just for first time buyers
• Very low interest rate
• No PMI Insurance - It Helps Keep Your Mortgage Payment Low
• Recently the mortgage industry has tightened regulations so that borrowers with stellar credit also need to make good payments. 
• The USDA program and VA program are the two main programs that allow 100% financing.
• Some of the key requirements to qualify for the Texas USDA Mortgage Program are:
• 
  
• You must be a US citizen or legal permanent resident
• Property must be in an eligible rural area
• Property must be for residential use - not a farm for commercial use
• Sufficient income is required for the house you want - payment should generally not exceed 29% of your gross monthly income.
• You should not have any credit or a very good credit history.
• Your family income should not exceed 115% of the US average income
• The applicant should not already own a suitable house, which is of the proposed property
• Other conditions may apply but if you meet the above requirements, you will probably qualify.

Brett’sis the author and owner of Texas Capital Mortgage in Houston Texas and the owner of Lamb Insurance Agency (Farmer)

Berkshire Lending - Lowest Rate With Better Service! Ask about payment assistance and 

Berkshire Lending - 214-937-4455 Houston Texas Mortgage [https://www.berkshirelending.com]

Visit our Texas Mortgage Down Payment Assistance Site - Down Payment Assistance Houston [https://www.berkshirelending.com/purchase-a-home/usda/]

This is a great program not many people know about! Texas residents can find more information on my Texas USDA USA Rural Development Home Loan [http://www.berkshirelending.com/mortgage-calculator/] site. Or you can call my Houston office at 888-875-7675.

Use Mortgage Companies To Secure A Home Loan - Berkshire Lending

Mortgage Companies

Obtaining a mortgage is the safest form of financial transaction for individuals and businesses to the lender. Mortgage companies are specialized financial institutions that are engaged in the disbursement of loans for personal and commercial purposes. These loans are held with a personal property or assets which are pledged as collateral on behalf of the borrower of the loan.

This type of loan is particularly useful in cases where the borrower does not wish to advance the entire payment. However he has resources that can make him a safe bet for a loan. In the event of non-payment of the loan, these collateral can be disposed off to recover the borrowed amount.

Apart from the primary function of financial assistance, they also provide some other services. These include the latest mortgage quotes, regular repayable volume calculations and quick approval of mortgage applications. Online loan application facilities that can provide instant approval for mortgage making will go a long way in popularizing these services.

These money lenders offer two main types of schemes to borrowers and are fixed (or rigid) rate mortgage (FRM) and adjusted (or variable). As the name suggests, the rate will remain the same throughout the entire period of payback in the past. In the case of the latter, the rate will not be the same as the tenure of the loan. Other plans for interest rates on loans may vary from company to company, each of which has its own unique benefits for customers.

Such lenders have a lot of options and can also customize them to suit the particular needs of the customer. A good example might be the reverse type plan for senior citizens. In this type of mortgage, the spouses continue to have rights over the mortgaged property after the death of one partner. In the eventual death of both spouses, these businesses can close it to repay any outstanding balance of debt. Loans for business purposes are also tailored to each business venture.

The secured loan business today has a strong online presence and lenders have details of all their services, facilities and all the various mortgage loans on their sites. Stringent laws for lenders include a variety of measures such as licensing companies to pledge and putting in place an effective mechanism to take out fraudulent companies floating on the net. It also aims to end unjust, inefficient business practices in the region.

Regulations require that institutions keep effective strategies, policies, and screenings for effective discrepancies in their consumer reports. It is in their interest to verify that the customer has provided valid information. According to the guidelines, in order to protect themselves and their customers, these financial institutions are required to formulate policies that immediately put red flags on customers who exhibit suspicious activities.

Many countries now believe in regulating the functioning of such companies and they implement rules, regulations and laws to monitor their activities. It also ensures that officers can keep a nationwide check on past activities of mortgage companies. The regulators thus protect the borrower from unscrupulous companies as well as protect these companies from fraudulent borrowers.

Get complete information and information from a Berkshire Lending [https://www.berkshirelending.com/purchase-a-home/fha/] company today! 

Essential Tips For Finding RV Parks and Campgrounds - Berkshire Lending

RV Parks And Campgrounds

The real fun of owning an RV or motor home is being able to just travel and travel at will, and seeing places you've never seen before. America is a very big country and you can't see everything right now, but you sure can be fun to try. But since you are taking your home with you as you go, where can you arrange to stay safely each night?

Well thankfully there are over 16,000 campgrounds and RV parks in the US that cater to the overnight needs of Rivers. These campgrounds can be located almost anywhere, from the most spectacular rural areas to the middle of the big cities. They can cover a wide range of facilities and facilities. Some are quite restrained in your convenience options, and others are headed for luxury travel. Whatever comfort appeals to you and your budget, there is an RV park or campground that can provide it. But how do you find these campgrounds?

There are actually many ways to obtain listings for available RV parks and no one resource has all of them listed in one place. Here are the top ways to find campgrounds and RV parks for your convenience:

* The number one way that many full-time travelers find local campground listings is to use two large campground directories, Trailer Life and Woodall. Together they make a very good overall picture of overnight facilities across the country. In addition to listing contact information, you can find basic directions, and information about hookups, facilities, on-site facilities such as laundromats, dump stations and so forth, and hygiene ratings. This can be invaluable information when you are in an unfamiliar area and requires a quality place to park overnight.

* AAA has campground directories listed by major regions of the country. There is nowhere near as many listings as larger directories and fewer descriptions, but it can be an added extra resource.

* You can also find more RV parks and campground listings by picking up directories from some of the country's largest campground chains such as KOA and Jelly stone Park Campgrounds. There are plenty of places in each of these which are scattered all over the country which can be good campground selections.

* Each state has a tourism office that distributes free campground directories within the boundaries. Here you can find a listing that is difficult to come across in almost any way. As you enter each state, they can usually be found in information centers on major highways.

In RV Put park and campground resources together, allowing you to have a much wider selection of places to stay as you travel, so no matter where you go, you can be at home quickly, easily and cheaply Huh.

https://www.berkshirelending.com/purchase-a-home/jumbo/

Getting the Best Renovation Loan For Your Home

Best Renovation Loan

When you want to redesign your home and you do not have enough money to do so, the best way is that you can get a renovation loan. You can start by doing it online and compare the renovation loan rates that are being offered. You will definitely find a site that will provide you with a list of banks that offer such loans to compare themselves with regard to the terms and rates of loans. Now, if you want a fast cash loan, you can simply use the investment you hold in your home to take advantage of the cash you want and what you start deciding. Recently, most people are finding it better to turn to offshore banks so that they can compare the prices of renovation loans to get the best cash loan they need.

Home Renovation Loans

When looking for a renovation loan, the principal is the principal amount you can borrow. Meaning when you get a renovation loan, you need to pay interest on the money you get from your renovation loan for your property, which is able to get the money you need based on the principal amount. You need to find a renovation loan that offers the lowest interest rate on a cash loan as well as an amount that will cost you the minimum amount. It will be quite difficult for you to get this from your offline or local bank in your area. The best thing is that you can go online and search for a renovation loan.

There are examples in which you can get a cash loan for your home with low interest rates from offshore banks like Texas. It is actually also open to those who do not live in Texas. The fact is that not only Texas can do their banking in the country, but also those who live outside the country. Most people who do their banking in Texas are getting good rates for their money, including a renovation loan for their property and other loans and services.

There are cases where you are only waiting for the payment of your principal, while you can pay for the interest on the cash loan obtained directly. If you are thinking of selling your home and making a lower monthly payment, then this loan scheme works well, especially if you want a fast loan to start repairs on your property to sell it. You can do all this by going online and comparing renovation loan rates by going on different terms that will work for you. Once you sell your property, you can pay off your renovation loan, including any mortgage that you may have built on your property.

Never think that getting a loan is difficult. not actually. The truth is that you can easily find the loan you are looking for from offshore banks like Texas, who are ready to wait for the money you need. The big news is that you do not have to leave your house to compare the prices of the renovation loan and get your loan. All you have to do is go online and fill out your loan application. Then you get your cash loan quickly and easily and use it for repairing, renovating your home and for the purpose for which you need to use it.

Most people are considering renovating and fixing their homes as an alternative to buying new homes and this is the perfect time for those who need to fix their homes to get a loan. . And if you are one of these people, remember that you are more likely to get a loan from an offshore bank than to have one in your local area. What is great about getting a loan from an offshore bank is that it is more convenient for you to get one because it allows you to compare interest rates directly from your home before deciding which one is best for you. Works best.

Resources: If you want to compare renovation loan rates, you can do so when you go online to check the rates and terms of the loan. To get the best renovation loan, you can go to  

https://www.berkshirelending.com/

Purchasing a Home - Consider a Professional Home Loan Consultant

Many people think that buying a home is something they are able to do on their own, even if they are a home buyer for the first time. The truth is, it does not matter whether it is your first home or your third, you want to take a little time out of your day and see what a professional home loan adviser can do for you. With the home loan industry changing like a daily basis, you have to be careful and make sure that you are getting the deal you deserve.

People out there feel that they can negotiate their own mortgage contract. Generally, this is how it works: The mortgage company will offer you the terms and interest rate and you will sign it or you will not. Once people know this, they feel pressured to sign because they believe that what they were offered should only be what they are eligible for. Although this is a problem. Many people may have a cheaper loan than they have, if they only know what to look for.

Mortgage contracts and notes can be extremely misleading, especially if you do not understand the lingo in the contract. Having a professional home loan advisor can help you avoid signing agreements that could potentially set you up for failure in the near future. Just look at how many people found themselves in foreclosure because they didn't fully understand the loan they were signing for or had other options.

Will a professional home loan consultant give you any money? Sure, it will happen. You can't expect everything for free. However, think about how much a faulty debt structure can cost you between thirty years from now? If you were able to get a loan with a three percent lower interest rate, then think about the money you would save? Think of all the foreclosure fees and attorney fees you are ensuring in the right mortgage contract for your personal situation.

  

Finally, it is easy to see that hiring a professional home loan advisor is the right step. Do not purchase your home without the cooperation and guidance of someone who precedes it. Advisers are trained to learn about hidden lessons and legal action that you will not understand. When you consult a professional, you are less likely to think that an adjustable rate mortgage is all that you are eligible for.

Don't let the flashy bells and whistles that the mortgage company is hanging out in front of you prevent you from seeing what is really happening. Of course, you want the house and you are very excited about the whole process. Still, don't allow that excitement to end, causing you to spend thousands of dollars and possibly have your house down the line later. Be strong and stand your ground. You have the right to review your mortgage contract by someone hired by you, not someone hired by the bank.

Unless you have really good credit and a good chunk of cash, finding a mortgage in the Seattle area can be difficult. Seattle mortgage loans will have all the professional help you will need. Now go to Berkshirelending.com.

Anatomy Of A No Cost Refinance - Berkshire Lending

Good Morning!

I have people ask me about no-cost refinances.

I wanted to take a minute and tell you exactly how a no-cost refinance works.

There are two pools of funds you have to address when you refinance…

1) Closing costs.

2) Pre paids. (taxes, interest, and insurance)

A no-cost refinance will cover your closing costs. You would still be responsible for the pre-paids (although we can roll them into the loan) – because you would pay these costs whether you refinance or not.

If your current loan is escrowed you would be reimbursed the balance in your escrow account after closing. So, this would be a wash for you.

Let me give you an example of how a no-cost refinance works…

Let’s say your current rate is at 4.25%. …and let’s say normal closing costs on your refinance loan would be $4,000.

There are two ways to approach this refinance…

1) You can take the very lowest rate in the market at the time. …Let’s say it’s 4.00%. If you elect to go this route – you would either have to pay the closing costs yourself, or we could roll them into the loan. Either way, you are paying for the closing costs.

2) You could take a slightly lower rate – say 4.00%, and we (the lender) can pay the $4,000 closing costs for you.

Option 2 is a true no cost refinance. You were able to lower your rate and monthly payment for free. It didn’t cost you any money to do it!

If you would like for me to review your current situation for a no costs refinance – I’ll do it for free!

…just give me a call, or shoot me an email.

That’s it for today!

Have a good day today! …and thanks for reading.

Get Pre Approved For A Loan Here

My Previous Blog

How to Choose the Best Refinance Mortgage Calculator

Refinance Mortgage Calculator

If you are searching for the best refinance mortgage calculator then you will find a lot of websites on the internet that you can try. You are able to enter information about your home loan and find out if you are getting the best feasible rate for your refinance. This makes it easy to see that the lender you are working with, or want to work with in the future, will give you the largest possible rate. This helps you to find the right interest value when you are looking to refinance your home loan loan, and possibly to find monthly payments.

The best refinance mortgage calculator will require all of you to find out if you are getting the greatest possible curiosity rate and how many months it will take you to pay back the loan. You can also calculate how long it will take you to pay curiosity on the loan you are refinancing. To see if refinancing your loan will be more profitable for you, you can determine what your savings will be and see if it is worth the trouble. A refinance calculator can provide you with a clear indication of whether to refinance or not.

Once you find the best refinance mortgage calculator, you will be able to use it and see again what the result will be. You are able to change any or all of the parameters to see which aspect will be the greatest for your loan refinance. It can be the difference between eating out for a week at a good restaurant and washing paper plates so that you can keep your home. When all this is said and done, you will find ways to get the most viable refinance, you should just do a little research.

If you have decided to refinance your mortgage loan and have not used the largest refinance mortgage calculator, you may be surprised by the amount you will have to pay back. But fear not; You are usually able to adjust your loan refinancing options with your lender, after you use the calculator to check how much you are paying and what kind of curiosity rate you will get in the end. It only takes a few minutes to verify these things, and the information you get using the calculator will also become stronger to negotiate your refinance.

http://www.berkshirelending.com/mortgage-calculator/

Buy a House in Austin and Dallas - Berkshire Lending

Buy a House in Austin

If you want to buy a house, and you see your needs would be met by the loan parameters below…  Contact us!  We want to help you!

Loans we do…

Loan amounts from $55,000 up to $2,000,000.
Credit:  We accommodate perfect credit down to challenged credit.
No Down Payment loan options.
Financing 3 years after a foreclosure.
Financing 2 years after chapter 7 bankruptcy.
No limit on credit collections.
FHA loans with scores as low as 580.
Seconds up to $350,000.
Interest only payments.
Texas cash out loans – up to $900,000.
FHA
VA
USDA
Manufactured Homes
Modular Homes
Build Out Loans
Owelty loans to separate equity between former legal owners.
…and many other loan options!
Restrictions apply

For More Info Visit At--> https://www.berkshirelending.com/purchase-a-home/

FHA Loans and Mortgage Rates inTexas at Austin, Dallas, Houston

FHA Loans and Mortgage Rates inTexas at Austin, Dallas, Houston

We truly appreciate the professionalism with which you managed our loan process. Your calm demeanor in crunch times was unusual and refreshing. Thank you again. If we ever have the opportunity to suggest your service to someone, we most certainly will.

FHA Mortgage Rates in Texas

FHA Loans and Mortgage Rates inTexas at Austin, Dallas, Houston

We truly appreciate the professionalism with which you managed our loan process. Your calm demeanor in crunch times was unusual and refreshing. Thank you again. If we ever have the opportunity to suggest your service to someone, we most certainly will.

Refinance with absolutely no cost in Texas

Refinance with absolutely no cost in Texas

Nowadays, a lot of "Texas Mortgage Refinance Rule" has been replaced by how they played, which can be the most exciting plus freshest.

Make a list of what you want to know, what you want to know, and what you already know about this topic.

When charged, some homeowners think of online refinancing of justice. In addition, if you have inquired some lenders, then you will take initiatives to get daily telephone calls and / or e-mails about the refinance home.

There are some objectives that people think about refinancing, one of them is that to reduce the monthly home credit payment or to reduce the cycle of your credit, take advantage of the drop-downs.

One of the secrets of mortgage refinancing is surveying the fascinated charge when they change. Keeping low assessment safe is not always easy. The manner in which the captivated charge can be led, the daily gum fluctuations can wait as effective identifiers. However, as you can never be concrete, you can yearn to see your best fascinated evaluation, something that you can do more than a month before finalizing. Otherwise, you will first evaluate the survival for finishing and will be fascinated.

We have enjoyed a lot during the first part of this article and hope that you will feel like you are firm on this subject.

Not different to get your first home credit, you will need to resell your credit. You can remove the paperwork and perhaps the expenses by filling the first lender used first. It is beneficial for your lender to try and commit a great commitment to you as it understands the competition in the market. Nevertheminus, there are many lenders and you can store not only around for a decent evaluation but to prevent money from the abundance outlay. Withdrawal, in which refinance credit stops with a particular lender and raises with another funded borrower, usually involves several fees which are regularly expensive. Get a list of any prone spending and the more they spend, the more they spend. Ask for a price that emphasizes any outlay.

It is a good idea to take advantage of the summary fee presented in this result that you are anticipating living in a house for survival. Like when you take the first credit, you can get thrust, which means paying a percentage of the home credit. As a result that you have extra money, the emphasis can be effective. Each thrust is a part of the full amount of your home credit. By adding thrust, you can leave your charge.

In addition, you can "make money out" through refinance for more than unethical payable for your first credit. This is essentially a means of getting some money in the form of payment, which is now at the difference between the amount of home and the amount of house on your initial mortgage. For example, if you have $ 100 thousand home credit tally and your land is now three hundred thousand US dollars, then you can refinance for US $ 175 thousand and pay 75,000 for paying-grit, minus Can give the dollar amount. Transaction cost and expenditure

The next time you have questions about this topic, you can refer to this article as an easy guide.

http://www.berkshirelending.com/refinance/nocostrefinance/

VA Mortgage Refinance in Texas - How It's Different In Texas

Home Refinance Rates Texas

VA mortgage refinance in TX is similar to VA mortgage refinance in other parts of the country; However, Texas veterans have options that are not available to everyone. Before obtaining VA mortgage refinance in Texas, you should be told three things.

You can pay off the mortgage insurance

If you currently have a traditional mortgage and pay mortgage insurance, then a VA mortgage refinancing is worth considering. VA refinance loans are available up to 100 percent of your home's value. Closing costs and other loan charges are limited, which means that your refinance cost is kept to the lowest. The loan ratio is also very generous, so it is easy to qualify. The total amount saved by VA mortgage refinance depends on how much you currently pay in insurance, but it is not unreasonable to expect to save thousands of dollars on the life of your loan.

You may be eligible for a VA interest rate reduction loan

If you already have a VA loan, then you may be eligible for a reduced VA interest rate loan. This loan is available for Texas veterans, who want to refinance their original VA mortgages to stop at a lower interest rate. Because there are no valuations, credit checks or credit verification, this loan comes with no pocket expenses.

There are other special veteran loan programs in Texas

Apart from regular VA mortgage refinance, Texas veterans have access to one of the three aid programs available through the Texas Veterinary Land Board. Programs include Home Loans, Home Improvement Loans and Housing Support. At this time, refinance loans are not available. Those giants who want to refinance to get low rates or low payments will not get these programs very helpful, but may want to consider offering offerings to the veteran Texas Veteran Land Board that receives cash-out refinancing for home improvement. Are.

See our recommended refinance lenders for Texas service [http://www.berkshirelending.com/]

Remember To Do This On A Lease With Option

Berkshire Lending

When you give someone option money at the onset of a lease option agreement – you are going to have to prove you gave that money when you get a loan to buy that house.

How do you prove it?

If it’s certified funds you need to keep a copy of the certified check.

If it was a personal check – you need to keep a copy of the cancelled check (front and back).

Don’t give cash!

Anything less than this – the underwriter will not give you credit for giving that money.

That’s it for today!

I hope you have a great day! Thanks for reading!

Get Pre Approved For A Loan Here

My Previous Blog

Reverse Mortgage Texas

What is a Reverse Mortgage?

Reverse Mortgages allow a homeowner to convert a portion of the value in their home into cash.  No repayment is required until the borrower(s) no longer use home as their principal residence.

Who Can Qualify for a Reverse Mortgage?

• All Borrowers MUST BE 62 years of age, or older.
• Must occupy the home as your principal residence.
• No credit, income or health requirements to qualify.
• Social Security & Medicare benefits are not affected.
• No Taxes are paid on Cash from Reverse Mortgages.
• Cash may be used for any purpose, no restrictions.
• You keep the title and may sell your home at any time.
• No repayment for as long as you occupy your home.
• Find out how much loan you qualify for.  Click the link below

Home Renovation Loans

Home Renovation Loans

We do Renovation Loans!

• Can be part of a purchase loan or refinance loan.
• Minimum Credit Score is 620.
• Up to 97% loan to value ratio based on after repaired value.
• Need to complete construction within 12 months of closing.

Generally, improvements should be permanently affixed to the real property (either dwelling or land), with the exception of certain appliances installed with kitchen and utility room remodels. You may use the Renovation loan to purchase appliances as part of an overall remodeling project that includes substantial changes or upgrades to the rooms in which the appliances are placed.

These loans are EASY!  If you are interested please complete the application link above.

For more Info Visit at:--> http://www.berkshirelending.com

How To Get Cash Out Of Your Texas Home

Here’s how to get cash out of your house in Texas

There are owner Occupied Cash Out Loans, and Non Owner Occupied Cash Out Loans.

…I’m going to tell you how each one works. …and, then how to get your loan started.

How to get an Owner Occupied Texas Cash Out Loan:

State of Texas Rule: You can only get cash out on your house up to 80% of the loan to value ratio. In other words mortgage companies can only lend up to 80% of the appraised value.

You can have a credit score all the way down to 620 and still get a conventional Texas Cash Out Loan. …30 year fixed, 20 year fixed, 15 year fixed, or an ARM.

In Texas the loan will fund three days after the loan closes. This is a mandatory 3 day wait. …then you can get your cash!

How to get a Non Owner Occupied (Investment property) cash out loan in Texas:

You don’t have to wait the 3 days for funding on this loan because it’s non owner.

Max loan to value ratio is 75% of appraised value. …and, we can lend on credit scores down to 620!

If you would like to be pre approved for a Cash Out Loan right now just click the apply link at the top menu.

Thanks!

http://www.berkshirelending.com