Texas Heritage Mortgage

Texas Heritage Mortgage Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Texas Heritage Mortgage, Loan service, 339 W Water Street, Ste 7, Kerrville, TX.

07/24/2022

NEW TEXAS LAW FOR HOMEOWNERS AND HOA’S BEGINNING SEPTEMBER 1, 2022:

• Senate Bill 1588:

• Homeowners anywhere in Texas will be allowed to put up a perimeter fence around their property for added security (front, sides, and/or back of homeowner’s property). The law specifically states that homeowners associations (HOA’s) cannot restrict it (i.e: New fence/gate around homeowner’s front yard/driveway). Homeowners associations are allowed to enforce covenants which mandate the type of fence material that must be used. If required by the HOA, homeowners must obtain prior approval for the material of any new fence being built, but not the fence itself. Replacement of established fences (i.e: backyard fences) with existing material, do not need prior approval.

• Homeowners are allowed to install a perimeter fence around their pool, as well as security cameras and motion sensors on their property without prior approval. HOA’s are allowed to enforce covenants which prohibit homeowners from installing security measures outside of the homeowner’s property.

• HOA’s are prohibited from restricting homeowners who display religious items on their property. HOA’s may only enforce covenants which prohibit religious items that violate a law, contain graphic language, pose a threat to public health/safety, or are offensive to the public (other than its religious content).

• Resale certificate fees are now capped at $375 and updated resale certificate fees at $75. Deadline for HOA to deliver such certificate is now 5 days as opposed to 7. Homeowners are now permitted to seek a judgement against HOA for no more than $5,000 for failure to deliver certificate in a timely manner.

• If your HOA board makes a budget amendment, they must do it now at an open public meeting.

• Any HOA must obtain bids before awarding any contract more than $50,000.

• The bill prohibits a person from serving on an architectural review committee (“ACC”) if the person is: 1) a current board member; 2) a current board member’s spouse; or 3) a person residing in a current board member’s household.

• If you are late paying your HOA dues, your HOA can still report you to a credit reporting agency but they can’t charge you the fee to do that. You now have 45 days instead of 30 days to cure a delinquency. HOA must now send homeowner requisite enforcement action “209” notice prior to reporting to credit agency.

Bill has been passed and goes into effect on September 1, 2022.

03/08/2022
01/05/2022

Notice of up and coming changes for 2nd homes. Announcements today state there will be a new fee change in upfront points for 2nd homes effective April 1, 2022.
This fee will range from 1.125% -3.875% in added discount.

11/30/2021

Just Released:

The new 2022 conforming loan limit is $647,200.

03/24/2021

Searching for that new home? Let us help!

02/10/2021

We are so honored to announce that we have received the 5 Star Mortgage Professional award again for 2021. This is our 9th year to receive.

The 5 Star Mortgage Professional award was only awarded to the top 2 % in Austin, San Antonio and Central Texas for customer service. We are so blessed to be apart of that.

Thank you again to all of our clients who have helped us achieve this milestone.

Thank you also to all of our clients for the incredible 1st qtr of 2021, it’s on track to be our best ever in history.

04/23/2020

Is it time to look at refinancing?

03/04/2020

We are proud to be an 8 year recipient of the Texas Monthly 5 Star Mortgage Professional award for customer service.
Rates are crazy low now, please contact me to see where you qualify. I just locked a file today at 3% for 30 year fixed.

Address

339 W Water Street, Ste 7
Kerrville, TX
78028

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