! 

Last 90 days to apply.

Are you a "First Time Buyer?"  Please hurry and apply for your home loan on this web site.  Your loan must be submitted and approved as soon as possible to meet requirements fo get the $8,000 stimulus bill tax credit.  This program expires April 30 but applications must at the underwriters as soon as possible.  You qualify if you have not owned a home for the past 3 years.  But there is an income limit for the program.  You can be making too much money.  Just fill out the loan application on the left side of this page.  We'll calculate how much of the rebate you'll get.  Like all Government programs, this one comes to an end.  We have just a few months to find you a home, get you financially qualified and close on your home loan.  Once we close, you can file a tax return  in the spring of 2010.  Your tax credit is added to your tax refund.

Get the best mortgage loan for youWhen you decide to buy a home or refinance a mortgage, it's a big step. You can trust us to find the loan program that's best for you.

Buying a new home is a source of anxiety, frustration -- and a huge sense of accomplishment. You didn't pick the house that was best for someone else, you picked the one that's right for you! Trust our professionals to find the mortgage loan that best fits your needs, too. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there.

Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy and worry-free to reduce your interest rate and monthly payment. We can even help you pay down your balance more quickly for comparable monthly payment. Let our professionals guide you to the very best refinanced loan!

Tapping into your home equity is easier than ever before. You've been paying down your balance, and property values have gone up! Tap into that wealth and reward yourself. We'll help with the best program to fit your goals.

Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anyone else!

Please navigate our website to learn more about us, what we do for you, and how easy it is to get started. Click on the language tab to view other content in the language of your choice!


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Texas Mortgage News:
 
Harmony Of The Trends And The Whole Day Explained In One Chart
3/12/2010 5:47 PM

Posted To: MBS Commentary

(A bit long, but another worthwhile closing post to read... with some not-often-phrased-in-such-a-way explanations. I enjoyed writing it at least. Let me know what you think.) You know the "stock lever?" If not, that's the term we use to describe the common occurrence...Read More
 
Mortgage Rates Higher After Retail Sales Data. Floating into Monday
3/12/2010 3:20 PM

Posted To: Mortgage Rate Watch

While benchmark Treasury yields moved slowly higher throughout the course of the week as our government auctioned debt to raise spending money, mortgage-backed securities managed to maintain a pretty consistent price range. After all was said and done and the auctions were behind u...Read More
 
What Did Top Performing Mortgage Bankers Earn in 2009?
3/12/2010 2:51 PM

Posted To: The Garrett Watts Report

Audited financials are starting to come in, and they’re confirming what we saw all year. Top performing mortgage bankers made 90-100 bps per loan. That means, for every $100 million you closed, you should have (and could have) earned $900,000 to $1 million. If you didn&rs...Read More
 
MBS LUNCH: Mortgages Left Behind as Benchmarks Rally
3/12/2010 1:50 PM

Posted To: MBS Commentary

It was an interesting morning in the rates world. Let's start with our fearless leader, the benchmark 10 year note. In below average trading volume, yields rose marginally (at most) in the overnight session before popping higher on the heels of a much better than expected Retai...Read More
 
Fitch Ratings: Expiring Housing Incentives Likely to Increase Loan Losses this Year
3/12/2010 11:51 AM

Posted To: MND NewsWire

Fitch Ratings is warning that the expiring homebuyer tax credits, the end of the Fed's MBS Purchase Program , and the growing maturity of various government loan modifications programs are likely to increase loss severities on distressed mortgage loans later this year. The report says that thes...Read More
 
USDA Rural Housing Funds to Run Dry by April. Lenders Already Dropping the Program
3/12/2010 11:04 AM

Posted To: MND NewsWire

USDA Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities. There is no required down payment...Read More
 
Freddie Mac Announces Cut Off Date for Interest Only Loan Apps
3/12/2010 9:43 AM

Posted To: MND NewsWire

As reported on February 26 , Freddie Mac has decided to stop purchasing and securitizating loans utilizing the interest only payment option. Freddie's deadline for PURCHASING these loans was set as September 2010, however no application/LP approval date cut-off was provided in the bulletin. Thi...Read More
 
Fed MBS Program Update: 98.1% of Funding Used. Looming Exit Yet to Hurt Rates
3/12/2010 8:46 AM

Posted To: MND NewsWire

The Federal Reserve reported on their weekly purchases of agency mortgage-backed securities (MBS). In the week ending March 10, 2010, the Federal Reserve purchased a gross total of $29.4 billion agency MBS. In that week the Fed sold $19.4 billion mortgage-backeds (supported the roll), for a net tot...Read More
 
Loan Officers Who Sell Real Estate; Wells Expands Market Making in Mortgage-Backeds; FDIC Acts on a Thursday; Freddie Mac Bulletin
3/12/2010 8:42 AM

Posted To: Pipeline Press

Don't forget to "Spring Ahead" this Sunday morning. We lose an hour of sleep. The FDIC made a rare Thursday move and shut down LibertyPointe Bank This bank catered to the Orthodox Jewish community in Manhattan and Brooklyn, and will be taken over by Val...Read More
 
Retail Sales Improve Across the Board. Rates Move Higher
3/12/2010 8:20 AM

Posted To: MBS Commentary

Retail Sales data has hit screens. It was much better than expected. Rates no likely. February, Retail Sales rose 0.3% vs. an expected decline of 0.2%vs. a revised for the worse +0.1% print in January (from +0.5%) . Excluding autos, sales rose 0.8%, crushing forecasts for a 0.1% im...Read More




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Robin R. Hauck, Broker, US Army (Retired), TX License #11871, dba Texas Mortgage Company 1227 S 31st Street, Suite 200 Temple, TX 76504
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