First Monthly Payment Due with Top Mortgage Lender in Dallas

First Payment Details

HomeBridge services the vast majority of the loans we originate – which means you’ll most likely be making your monthly payment to us. That said, if we do end up selling your loan, please know it doesn’t mean that we don’t love you (because we do). First Payment Notification Within a few weeks after closing – […]

Kellie Skjeret, Loan Officer Assistant

Meet Kellie Skjeret (pronounced “share it”) – one of the Loan Officer Assistants for the MortgageMark Team. In 2015, Kellie and her husband – originally from Portland, Oregon – decided to pack up and move to Texas with their two children, trading the cold winters and dreary skies for hot summers and a lot of sunshine. Kellie’s […]

Affordable Mortgages with Dallas Top Lender

How Much Home Can I Afford?

The age-old question: “How much home can I afford?” does not have a simple answer. There are a variety of factors that ultimately determine your ability to get a loan and your borrowing power. The program type, Loan To Value (LTV), credit scores, and Debt to Income (DTI) ratios are the primary components that determine how much you can borrow […]

UNDERSTANDING DISCOUNT POINTS WITH MORTGAGE MARK

Points Are Tax Deductible

Points paid on a mortgage loan are tax deductible so long as they are “true” points. To be true point for the tax deduction the points have to exist for the purpose of buying down the interest rate. Think of it this way: because Mortgage Interest is Tax Deductible, points paid to lower the interest […]

Earnest Money Guide with Mortgage Mark

Earnest Money

Once you write a contract you will typically write two checks, one for the Option Money and the other for the Earnest Money and both must come from an Acceptable Source of Funds. Both will be credited to you at closing and can be applied towards your Down Payment or Purchase Closing Cost, but both may not […]

Closing Cost Overview With Dallas Top Mortgage Lender

Closing Costs Overview

There are three components that make up the “costs” for every home loan closing: the down payment (or equity for refinances), closing costs, and prepaids. The Mortgage Down Payment (or equity) is determined by you, the borrower. The Closing Costs are the actual fees for the home loan and will vary depending on the purpose, product, […]

Home Buying 101

Home Buying 101

The links below have been written for first-time home buyers (or for anyone that needs a refresher on mortgages). The three most common questions we get are: “What are the rates?”, “What are the fees?”, and “What are the payments?” Please review the sections below for answers to these questions and let us know if […]

Do's and Don'ts with Dallas Top Mortgage Lender

DO’s and DON’Ts

We’ll be honest – we mostly have “DON’Ts” when applying for a home loan and they’re extremely important.  Please take the time to read the details below and let us know if you have any questions. Oddly enough these are some of the most common reasons for undue stress in the 11th hour and a […]

Mortgage Paperwork Checklist for best mortgage lender in Dallas 20

Mortgage Document Checklist

Below is the “big ol’ checklist” of documents required for underwriting to purchase or refinance home loan. This expands on the Pre-Approval Document Checklist and each item below can be expanded to provide more details of exactly what’s required. You’re welcome to fax, email, or upload the docs. Please let us know if you have any questions about […]