Bear Creek Funding - Johnny Gentry

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United States
Bedford, TX
Bear Creek Funding - Johnny Gentry

Providing loan options, market conditions and other requirements necessary to close loans quickly. Bear Creek Funding NMLS ID 2671886

08/11/2024

Three time winner of the National Mortgage Lenders Association best kisser award.

05/03/2024

E-L-E
Everybody Love Everybody!!

09/22/2023

Everyday is a chance to do better🫶

10/03/2022

TCU parents weekend, priceless♥️ And the football team was outstanding!!

08/02/2022

Spending the day with my best buddy in the whole wide world♥️

07/21/2022

Ok - I need your help on this.

If you are currently renting OR if you can remember when you were once a renter... what was the situation or belief that kept you renting instead of owning a home?

What were the fears/concerns you had, and what made you finally decide to take the first step in exploring owning a home?

Please private message me if you prefer to keep this private or share it in the comments below!

I would love local understanding of "real" information from you all to help grow more wealth through Real Estate faster!

Thank you!

07/20/2022

Have you started to hear some buzz around assumable home loan options?

It is not uncommon to start hearing about assumable mortgage options, especially when interest rates quickly increase.

So what exactly is an assumable loan and how could it possibly help you?

Well, essentially an assumable mortgage is one that allows a new borrower to take over an existing loan (usually if the loan type is a VA, FHA, or USDA loan yet always check first with the seller if their current mortgage is assumable or not) from the current borrower (or seller).

The new borrower - the person "assuming" the loan is in exactly the same position as the person passing it on.

They'll have the same terms and conditions, the same mortgage rate, the same remaining repayment period, the same mortgage balance.

Yes, you still have to qualify for the loan. :) In other words, it's effectively swapping one borrower's name on the mortgage agreement for another.

BUT - be careful about fully understanding all pros and cons to this as a buyer and seller as well as how the transaction is handled as if done incorrectly, it could be very costly!!

Let me know what questions you have!!

07/19/2022

If you are renting or know someone who is, then please share this post or send it to them!!

Here is what I want you to observe when analyzing this graph.

First, take a look at the top two lines (hourly wages and rent) and notice how they are maintaining about the same pace.

Now look at where the mortgage payment (blue line) falls in comparison.

This is why we call this the “Renter Challenge.”

Overtime, the average person is earning income that is right along with the increase of rent making it very difficult for renters to ever save money for the down payment of a home.

In some markets, rent has increased around 40% creating fear and insecurity around managing a monthly housing budget where most renters just feel stuck.

Whereas those who chose homeownership have actually been in a much better financial situation as for those who financed with a fixed interest rate, can feel peace at knowing how to budget around a housing payment that won’t increase every month (pending homeowner’s insurance / property taxes).

If you are tired of receiving those “Notice of Rent” letters and want to find a way into homeownership, then let me know.

We can put a customized plan together so you know exactly what you would need to do in order to buy a home.

Just shoot me a message or visit my website and I will be happy to help!

07/16/2022

🔥 PARENTS 🔥

With the cost of groceries and utilizes increasing so much… how about some free summertime activities to do with the kiddos before school starts back up?

If you end up doing any of these, please tag us in your family photo so we can see!

07/14/2022

Does this count as cardio?

07/13/2022

What is MOST important to you when looking to buy a new home?

Let me know in the comments!

Address

Bedford, TX

Website

http://www.bearcreekfunding.com/

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