Stone Lake Mortgage

11/14/2023

What a great time talking with two real professionals in north Texas real estate Jaime Blades Huddleston Brenda Stewart Drew McMurtre

Welcome to Topnotch Tuesdays! Topnotch Realty & Associates Jaime Huddleston Broker/Owner and Brenda Stewart Realtor/Owner had a special interview, hosting wi...

11/08/2023

Mortgage rates have gotten better!!!🔥

10/26/2023

Insights from Yesterday's Down Payment Assistance Seminar! 🏡
I'm thrilled to share some fantastic takeaways I learned about the Texas Department of Housing program seminar I attended yesterday. Here's what I learned that could change your homeownership game:
1. **Federal Tax Credit for First-Time Home Buyers**: If you're a first-time homebuyer in Texas and meet the criteria, you can enjoy a Federal Tax Credit. It's a sweet deal – you get up to a 20% refund on the interest you pay on your mortgage, and this lasts for up to 30 years! 🏠💰
2. **Not Just for First-Timers**: Great news! You don't have to be a first-time homebuyer to benefit from Down Payment Assistance. It's open to a wider range of home seekers through a different state-backed program 🙌
3. **Low-Interest Rates with a Catch**: The TDHCA program offers super low-interest rates, but here's the scoop – the funds aren't always available. Current interest rates for targeted areas are 5.5% fixed interest rates which includes Down Payment Assistance. So, if you've got your eye on this opportunity, keep a lookout for when it's funded next month. I'll make sure to update you on the rates and available funds, but the Federal Tax Credit is a constant bonus!
Stay tuned for updates, and don't hesitate to reach out if you're eager to dive into homeownership or learn more about these incredible perks. Let's get you on the path to your dream home! 🏘️🔑

10/25/2023

🏡 Exciting Afternoon Ahead! 🏡

Hey everyone! Just wanted to share some fantastic news with you. This afternoon, I'll be attending a Down Payment Assistance Seminar, and it's all about the Texas Department of Housing and Community Affairs' My First Texas Home program.

🤩 What's My First Texas Home? It's a fantastic initiative that offers incredible support to first-time homebuyers in Texas, making homeownership dreams come true!

🏠 If you're dreaming of owning your first home, this program is your golden ticket to making it happen! 🌟

I can't wait to learn more about the program and all the opportunities it offers. I'll be sure to share some valuable insights and key takeaways from the seminar, so stay tuned for updates!

If you have any questions or are curious about the My First Texas Home program, feel free to drop a comment, and I'll get back to you with all the information you need. Let's embark on this homeownership journey together! 🏡🔑💫

04/06/2023

As we approach Easter, I wanted to take a moment to reflect on the significance of this special time. Easter is a time of renewal, hope, and new beginnings. It's a time to reflect on what is truly important in our lives and to appreciate the blessings that we have been given.

At this time, I would like to express my gratitude for the trust that you have placed in Stone Lake Mortgage and me as your mortgage broker. I am truly honored to have been able to assist you with your financing needs and to help you achieve your dreams of homeownership.

As we celebrate Easter, let us be reminded of the power of hope and renewal. Let us be grateful for the blessings that we have been given and let us continue to work together to build a brighter future for ourselves and our communities.

Please note that Stone Lake Mortgage will be closed on Good Friday to observe the holiday. We will be back in the office on Monday, ready to continue assisting you with all of your mortgage needs.

Thank you for your continued support and trust. Wishing you a blessed Easter filled with hope, joy, and peace.

03/31/2023

Happy Friday everyone! As the weekend approaches, we wanted to share some uplifting news with our community. Despite the challenges of the past year, the housing market has remained strong, with mortgage rates coming down (finally) and high demand for homes.

At Stone Lake Mortgage, we've had the privilege of helping many families achieve their dream of homeownership during this time. It's been truly heartwarming to see the joy and excitement on our clients' faces as they receive the keys to their new homes.

We believe that owning a home is not just a financial investment, but also an investment in one's well-being and happiness. Studies have shown that homeownership can lead to greater feelings of security, stability, and pride of ownership.

As we head into the weekend, we encourage you to take a moment to appreciate the blessings in your life, whether it's your home, your family, or simply the fact that it's Friday! We wish you all a safe and enjoyable weekend, and if you're considering homeownership, we're here to help.

03/29/2023

Hello friends!🦆 As a loan officer, I often get asked about the advantages of owning a home vs renting a home. 🏡Here are a few points to consider:

🤿Investment: Owning a home is an investment in your future. Unlike renting, where you're paying someone else's mortgage, owning a home allows you to build equity and potentially make a profit if you decide to sell.

🥋Stability: When you own a home, you have more stability and control over your living situation. You don't have to worry about a landlord suddenly deciding to sell the property or increase your rent.

🪂Personalization: When you own a home, you have the freedom to personalize and make changes to the property as you see fit. You can paint the walls, renovate the kitchen, or add a pool to your backyard - the possibilities are endless!

⛸Tax benefits: Homeownership comes with several tax benefits, such as deductions for mortgage interest and property taxes.

Of course, owning a home also requires more upfront costs and responsibility for maintenance and repairs.⌛️ However, we believe that the benefits of homeownership outweigh the costs in the long run. What are your thoughts on this topic?

03/27/2023

Looking to buy your dream home but worried about your low credit score?
The Federal Housing Administration (FHA) offers an easy and accessible option for home buyers with lower credit scores. With an FHA loan, you can still secure a mortgage even with a credit score as low as 580. Plus, the FHA has flexible credit and income requirements, making it easier for first-time home buyers to get approved for a loan. Don't let a low credit score hold you back from homeownership. Contact us today to learn more about your FHA loan options and take the first step towards your dream home!

03/27/2023

"Are you considering buying a home, but feeling overwhelmed by all the myths and misconceptions surrounding mortgages? Let us help clear the air!

Myth #1: You need a perfect credit score to get approved for a mortgage. Truth: While a good credit score can help you secure a better interest rate, there are mortgage options available for those with lower credit scores using the FHA loan program.
Myth #2: You need to have a 20% down payment to buy a home. Truth: While a 20% down payment can help you avoid private mortgage insurance (PMI), there are mortgage options available that require a lower down payment or No down payment.
Myth #3: You can only get a mortgage from a bank. Truth: While banks are a common source of mortgages, there are also mortgage brokers and other lenders who can provide you with a wide range of options.
Myth #4: You can't get a mortgage if you're self-employed. Truth: While being self-employed can make the mortgage process a bit more complex, there are options available for self-employed individuals.
Don't let these myths hold you back from owning your dream home. At Stone Lake Mortgage, we're here to help you navigate the mortgage process and find the best option to fit your unique needs and budget. Give us a call today to learn more!"