Randi Mills Mortgage

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Randi Mills Mortgage Mortgage lender with 39+ years’ experience — need a loan? I’m here to help! 🤝🏡📲 214-507-6601

Randi Mills NMLS # 418434
OnQ Home Loans NMLS # 0907078

Home Loans Made Human

No matter if you’re buying, selling, refinancing, or building your dream home; it’s important to work with an experienced and knowledgeable team. As an expert Personal Mortgage Advisor, I have the knowledge and resources you need in order to stay current with market conditions and frequently changing mortgage programs. Ensuring that you make the right choice for you and your family is my ultimate goal. Ready to take the next step? Use our secure online application to get started. After you’ve applied, I’ll call you to discuss the details of your loan. As always, you may contact me anytime by phone or email for personalized service and expert advice. I look forward to helping you into the home of your dreams!

Current HELOC RatesWhen considering a HELOC (Home Equity Line of Credit), it’s good to know that these lines typically o...
10/17/2026

Current HELOC Rates
When considering a HELOC (Home Equity Line of Credit), it’s good to know that these lines typically offer variable rates connected to the prime rate. You can usually borrow up to 80-90% of your home’s combined loan-to-value, with draw periods ranging from 10 to 15 years and repayment terms up to 20 years. The actual rate you receive will depend on factors like the broader economy, your credit profile, and your home’s equity. Having served clients through countless market shifts since 1986, I know the importance of understanding all your options—whether it’s a HELOC, a home equity loan, or even alternatives like credit cards or personal loans. My goal is always to help you find the best fit for your needs and long-term plans.


https://www.housing-trends.com/agent-news/randi-mills/2121335-Current-HELOC-Rates

Current Texas Mortgage And Refinance RatesAfter four decades in the mortgage world—and as a proud Texan—I’ve seen rates ...
10/16/2026

Current Texas Mortgage And Refinance Rates
After four decades in the mortgage world—and as a proud Texan—I’ve seen rates ebb and flow, but it’s always important to keep an eye on the numbers. Right now, Texas mortgage rates have inched up: 30-year fixed sits at 7.526%, 15-year fixed at 6.746%, and jumbo 30-year fixed at 7.637%. Refinance rates have also climbed, yet Texas still edges just below the national averages. With experience in servicing, auditing, and nearly every corner of the mortgage process, I know how these shifts can affect your plans. Whether you’re thinking about buying, refinancing, or simply weighing your options, understanding the landscape is the first step.


https://www.housing-trends.com/agent-news/randi-mills/2123523-Current-Texas-Mortgage-And-Refinance-Rates

Wondering if you can buy a home without paying all the closing costs out of pocket? In many transactions, the seller can...
10/16/2026

Wondering if you can buy a home without paying all the closing costs out of pocket? In many transactions, the seller can actually help cover your closing expenses. This strategy keeps more money in your bank account on move in day. Different loan programs have specific rules on how much a seller is allowed to contribute. Working with an experienced professional helps you maximize these benefits during negotiations. Send me a message today to see how we can make your home purchase work for you. 🏡
https://myoc.io/CFXy



NMLS # 418434

10/15/2026

Mortgage Payments Turn Late After 30 Days
Having spent decades in the mortgage world, I’ve seen firsthand how timing with payments can make all the difference. Most US mortgages are due on the first of the month, with a 15-day grace period that gives a little breathing room. If a payment isn’t received (not just mailed) by then, late fees—usually about 5% of your overdue principal-and-interest—kick in. The real impact comes at the 30-day mark, when a missed payment can show up on your credit report.

A couple of practical tips from my years in servicing and auditing: set up your autopay just after the first, build in reminders, and keep a small cushion in your account. If you ever run into a snag, contact your loan servicer early to talk through options like repayment plans or forbearance—waiting only makes things harder. Government-backed loans and some states do put limits on late fees, but every loan is different, so check your documents. Life happens, but with a little planning, you can avoid those costly pitfalls and keep your mortgage on track.

10/14/2026

Bargain Hunting With Rates Above 7%
With mortgage rates holding above 7% and the market anticipating further moves from the Fed, affordability is something I know is weighing on many buyers’ minds. After 40 years in the mortgage world, I’ve seen how Treasury yields can nudge borrowing costs even higher, so planning ahead is key. One recent study caught my eye: it recommends building a cushion for rates—a half-point change within 3 months, three-quarters in 6 months, and a full point within a year. My experience tells me this kind of preparation pays off. I’ve also noticed that buyers who wait until later in the year often find themselves in a stronger position—homes can be about 5% less expensive in early Q4 compared to late Q2, with fewer buyers to compete against and more time to negotiate. Just last month, the supply hit about five months, which means more leverage for buyers when it comes to negotiating price, closing costs, discount points, or even temporary rate buydowns. If you’re still on the sidelines, know that the market is bracing for more Fed tightening, but the long-term goal is to see inflation cool and, with it, mortgage costs eventually ease. My decades in the industry have taught me that timing, preparation, and understanding your options can make all the difference.

10/13/2026

Mortgage rates are spiking, but Texas got a rare break—here's why
After four decades in the mortgage world, I’ve watched rates rise and fall, but it’s not every day Texas gets a little breathing room. In early 2026, our state saw the fifth-smallest jump in mortgage rates nationwide—averaging 6.36% in Q2, actually down 0.83% from Q1. With home prices and borrowing costs remaining tough hurdles for buyers, this slight edge means more than you might think. My years in servicing, auditing, and every corner of the mortgage business have taught me that even small shifts like this can open doors for families looking to make their move in Texas. It’s always about finding the right path, no matter the challenges.

10/12/2026

How Down Payment Assistance Works
After 40 years in the mortgage industry, I’ve seen just how valuable Down Payment Assistance (DPA) programs can be for buyers navigating the upfront costs of homeownership. These programs—whether grants or loans—can help eligible buyers reduce the cash they need at closing, and sometimes even step in to cover closing costs as well. The amount you receive depends on the program and price limits, and in some cases, you can combine more than one program if the guidelines allow. This can really open doors, making homeownership more achievable for many families.

Pairing DPA with low-down-payment loans—like FHA (around 3.5% down) or conventional options (about 3% down)—can make your budget stretch further. USDA loans can also direct assistance toward closing costs. Every DPA program has its own structure: some grants never need to be repaid, while forgivable loans may disappear over time, and deferred loans only come due at certain points. Traditional second-mortgage-style assistance is another option. Just keep in mind, there are limits to stacking these benefits—sometimes seller credits and DPA overlap, and funds may go unused if your transaction costs are already covered.

Having worked in all corners of mortgage—from servicing to auditing—I’m always happy to share what I’ve learned. Understanding the ins and outs of programs like these is a big part of finding the right fit for you and your family.

10/11/2026

Honoring the Significance of Indigenous Day

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