Pam Thorn - NMLS #1629149

12/20/2025

70% of Americans think you need at least 10% down to buy a home. That belief is keeping a LOT of people stuck renting. What’s the actual truth?🧐

𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐥𝐨𝐚𝐧𝐬
You do NOT need 20% down! Many conventional loans allow as little as 3% down for first time buyers. Yes, PMI may apply, but it is often way less costly than people assume and it can be removed later. Waiting years to save up for a 20% down paying usually costs more than PMI ever will.

𝐅𝐇𝐀 𝐥𝐨𝐚𝐧𝐬
FHA requires just 3.5% down and is very forgiving on credit and debt to income ratios.This is a great option for buyers who have decent income but are still rebuilding credit or do not want to drain their savings to buy.

𝐕𝐀 𝐥𝐨𝐚𝐧𝐬
For veterans and active duty service members, this is often the best option. 0% down. No monthly mortgage insurance. Competitive rates.

𝐁𝐨𝐭𝐭𝐨𝐦 𝐥𝐢𝐧𝐞: the biggest barrier to homeownership for most people is misinformation, not money 💰 . If you are waiting to buy because you think you need a large down payment, let’s talk. 📲You might be closer than you think.

𝙋𝙖𝙢 𝙏𝙝𝙤𝙧𝙣
📲972-977-7640
𝙉𝙈𝙇𝙎 #1629149
𝙏𝙝𝙤𝙧𝙣𝙃𝙤𝙢𝙚𝙇𝙤𝙖𝙣𝙨.𝙘𝙤𝙢
𝘾𝙈𝙂 𝙃𝙤𝙢𝙚 𝙇𝙤𝙖𝙣𝙨 #1820

12/06/2025

09/15/2025

I know you are seeing news and social media everywhere talking about the expected Fed rate cuts. We do expect to see additional cuts but we also price these in AHEAD of the actual Fed meeting, which is on Wednesday this week.

Refinancing may make sense for you, or not. But all you have to do to find out is get us your current mortgage statement and we’ll run the numbers for you. Whether you lock in the savings now or wait, you’ll have the information to make the best financial decision.

If you are currently under contract, we have a free float-down option so you’re covered in the event rates drop again before you close. We did that for two homebuyers last week!

Bottom line, when rates go down, home prices go up as more homebuyers go out looking and the supply stays the same. We are already seeing multiple offers in some cases.

As always, shoot me a DM or call and we’ll explore all the options.

𝙋𝙖𝙢 𝙏𝙝𝙤𝙧𝙣
📲972-977-7640
𝙉𝙈𝙇𝙎 #1629149
𝙏𝙝𝙤𝙧𝙣𝙃𝙤𝙢𝙚𝙇𝙤𝙖𝙣𝙨.𝙘𝙤𝙢
𝘾𝙈𝙂 𝙃𝙤𝙢𝙚 𝙇𝙤𝙖𝙣𝙨 #1820

08/29/2025

The smartest time to start your refinance application is before rates drop, not after. That way, you’re at the front of the line instead of waiting behind everyone else. My clients already have their files ready to go, so when rates move, they’re set. Want to see how much you could save each month? Call me and let’s run the numbers.

This past week was a classic placeholder for mortgage rates. Rates calmly drifted to longer-term lows. Next week will be completely different in terms of potential volatility.

08/26/2025

You know the old saying, “You don’t know what you don’t know?” This is especially true when you’re buying a home. Sometimes you feel like you don’t even know what to ask. That’s what we’re here for. To explain everything thoroughly and make sure you understand the process, the numbers, the timeline, etc. The more you know, the less stress you’ll have.

Ready to schedule a quick goals and dreams call?

𝙋𝙖𝙢 𝙏𝙝𝙤𝙧𝙣
📲972-977-7640
𝙉𝙈𝙇𝙎 #1629149
𝙏𝙝𝙤𝙧𝙣𝙃𝙤𝙢𝙚𝙇𝙤𝙖𝙣𝙨.𝙘𝙤𝙢
𝘾𝙈𝙂 𝙃𝙤𝙢𝙚 𝙇𝙤𝙖𝙣𝙨 #1820

08/16/2025

Are you shopping lenders, needing a home loan and unsure about the difference between getting prequalified and preapproved? Watch out for those automatically-generated prequalification letters you can get after answering a few questions online. They’re usually not worth the paper they're printed on. Opt instead to go with a recommended lender (do a little research online) who will review your application and documents to issue a preapproval letter. And if you want to get everything out of the way before you even find a house, we can get you fully approved through underwriting on a TBD address. Call/text or DM me to schedule a no obligation, no cost discovery call. Whether you are looking to buy next week or next year, we can review your situation to ensure your home buying success when the time is right.

𝙋𝙖𝙢 𝙏𝙝𝙤𝙧𝙣
📲972-977-7640
𝙉𝙈𝙇𝙎 #1629149
𝙏𝙝𝙤𝙧𝙣𝙃𝙤𝙢𝙚𝙇𝙤𝙖𝙣𝙨.𝙘𝙤𝙢
𝘾𝙈𝙂 𝙃𝙤𝙢𝙚 𝙇𝙤𝙖𝙣𝙨 #1820

07/18/2025

These homebuyers were not only buying their first home but had also recently become U.S. citizens! So everything about the homebuying process was new and we are so glad we were able to guide them through and do what we love to do with every single client: make what can seem stressful and overwhelming feel a whole lot calmer. Getting the right information to make the best decisions is the key.

To schedule a free, no-obligation discovery call about your own homebuying journey, give me a call: 📲972-977-7640.

02/04/2025

Have you been affected by the recent California wildfires, or another natural disaster? We're here to help! The FHA 203(h) mortgage is a financing option for disaster victims whose home has been severely damaged or destroyed in a Presidentially Declared Major Disaster Area (PDMDA).

This program is available to both homeowners and renters whose home was severely damaged or destroyed. Up to 100% LTV financing available, can be used for new purchase or refinance, and the new home does not have to be in the disaster area.

Please let me know if you need more info!

𝙋𝙖𝙢 𝙏𝙝𝙤𝙧𝙣
📲972-977-7640
𝙉𝙈𝙇𝙎 #1629149
𝙏𝙝𝙤𝙧𝙣𝙃𝙤𝙢𝙚𝙇𝙤𝙖𝙣𝙨.𝙘𝙤𝙢
𝘾𝙈𝙂 𝙃𝙤𝙢𝙚 𝙇𝙤𝙖𝙣𝙨 #1820

01/20/2025

Check out this beautiful condo in the Turtle Creek area. The seller has paid to buy down your rate. Contact Maggie Dieter with the Dieter Smith Team at Compass. 📲214-543-9781.

12/31/2024

There are regional variations in home appreciation and the DFW area has been outpacing other parts of the country recently.