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There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Yes! There are a number of bond programs that offer low or no down payment financing options.
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.

Do Buyers Finally Have Negotiating Power in Texas and DFW? Here Is What the Data Actually Shows
The Question Every Buyer in Texas Is Asking Right Now
Do buyers finally have negotiating power? It is the question coming up in almost every homebuying conversation across Texas and the DFW market right now. And the honest answer is yes, but not in the way most people think. Understanding the nuance in that answer is what separates buyers who capture real value from those who either miss the opportunity or misread the market entirely.
What the DFW Data Is Actually Showing
The numbers coming out of the Texas and DFW market right now tell a story that is more specific and more useful than any national headline. Inventory is sitting at approximately 4.6 months of supply. That is approaching balanced market territory and it represents a meaningful shift from the extreme seller's market conditions that defined DFW just a couple of years ago.
Homes that are not priced correctly are taking over 100 days to sell. That is a significant stretch of time in a market that was moving in days during the peak years and it tells you something important about where seller flexibility actually exists. Homes that are priced correctly are still moving in around 70 days on average, which means demand has not evaporated. It has become more discerning.
In a recent DFW market update over 8,000 new listings hit the market in a single week. In that same week nearly the same number of price reductions occurred. That parallel between new listings and price reductions is a strong signal that sellers across the market are actively recalibrating their expectations to meet where buyers actually are rather than where sellers hoped they would be.
At the same time over 5,100 homes went under contract in that same week. That is roughly 63 percent of the activity, or about six out of every ten homes, still going under contract within just over two months. As Tristan Sherrill explains that number is the part of the story that gets lost when buyers start to think the market has collapsed. The demand is still there. Buyers just have more options and more time to evaluate them than they have had in years.
What This Market Actually Is
This is not a crash. It is a shift. And the distinction matters enormously for how buyers and sellers should be approaching their strategy right now.
A crashed market is one where demand has evaporated, prices are falling broadly, and sellers are desperate across the board. That is not what the DFW data is describing. What the data is describing is a market where well-priced homes are still selling, where demand remains active, and where the advantage has shifted from an automatic seller's market to a market where strategy on both sides determines who wins.
Buyers have more time now. They have more options. And in the right situations they have real leverage that did not exist eighteen months ago. But that leverage is not universal. It exists on specific homes in specific situations and mistaking the shift in overall market conditions for a blanket negotiating advantage on every listing is one of the most common and costly errors buyers are making right now.
Where the Real Opportunity Actually Is
The biggest mistake in today's DFW market is thinking everything is negotiable or missing where the real opportunity actually lives. The homes that are sitting past 100 days, the ones that have seen multiple price reductions, the listings where the seller has recalibrated expectations because the market told them they needed to, those are the situations where buyer leverage is genuine and where strategic structuring of an offer can produce real financial benefit.
Seller credits toward closing costs, rate buydowns funded through the transaction, repair credits, and price negotiations that reflect the actual market position of a specific listing are all tools that are available and regularly working on the right properties in DFW right now. The buyers who are capturing those benefits are the ones who understand which listings have real flexibility built into them and how to structure an offer that extracts that value.
The homes that are priced correctly and moving in 70 days are a different story. Those sellers understand the market, have priced accordingly, and are attracting buyers at a pace that does not require them to make significant concessions. Coming into that situation with aggressive negotiation expectations based on overall market conditions rather than the specific property's dynamics is a strategy that produces rejected offers rather than closings.
Affordability Remains the Core Challenge
Even with the leverage that the current market shift is providing, affordability in Texas and DFW remains a real challenge that strategy needs to address directly. The rate environment has not returned to the levels that made purchasing feel easy for buyers a few years ago. Monthly payment math is still stretched for a meaningful portion of the buyer pool.
This is precisely why buying strategically rather than just buying matters so much in the current environment. A seller-funded rate buydown that reduces the monthly payment meaningfully, closing cost credits that reduce what a buyer needs at the table, and a purchase price that reflects what a specific property's market position actually supports can together produce a transaction that works financially even in an environment where affordability is still a real constraint.
The opportunity in today's DFW market is not just in buying. It is in buying with a strategy that is calibrated to current conditions and that uses every available tool to make the numbers work.
Strategy Is the Advantage Right Now
Whether you are a buyer trying to understand where the real leverage is or a seller trying to position a home to move in a market where over-priced listings are sitting for over 100 days the advantage in today's DFW market goes to the side with the better strategy.
Tristan Sherrill works with buyers and sellers across the Texas and DFW market to build strategies that are grounded in local market data and that use current conditions to produce the best possible outcome. Reach out to Tristan Sherrill to find out how to use the current market shift to your advantage whether you are buying or selling.
Sources
NAR.realtor DFWRealEstate.com Realtor.com MortgageNewsDaily.com Forbes.com
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