Hurst Lending BLOG

With our “Move in With Just 1% Down” program, you can become a homeowner with a lower upfront cost, making it a great option for first-time buyers or those struggling to save a large down payment. Our experienced loan officers are available to guide you through the process and help you determine if this program is the right choice for you. Contact us today to learn more about how we can help make homeownership more accessible.

With the current state of the housing market, it can be challenging for homebuyers to win a home in a competitive market. However, Hurst Lending has a solution: the Dominate with a Cash Offer® Short Term Loan Program. This program allows homebuyers to make a cash offer on a home without having to liquidate their assets, making it easier to compete in today’s competitive market. In this article, we’ll discuss the current state of the housing market, how to make a cash offer and the benefits of using Hurst Lending’s Dominate with a Cash Offer® Short Term Loan Program.

Texas cash-out refinancing can be a smart choice for homeowners looking to access the equity in their homes for various financial goals. However, understanding the state-specific rules and regulations is essential for a smooth and successful process. Consult with a knowledgeable Texas mortgage lender, like Hurst Lending, to ensure you’re making the most of your cash-out refinance.

Qualifying for a mortgage can be a bit more complicated than making a cash offer. Lenders will look at several factors, including your credit score, income, and debt-to-income ratio, to determine if you are a good candidate for a mortgage. Here are some things you can do to increase your chances of qualifying for a mortgage:

If you’re a real estate investor looking to refinance a property, you may run into seasoning requirements. These requirements can limit your ability to access the equity in the property, which can be a problem if you need to fund other investments. However, seasoning is required by lenders to reduce the risk of default and provide a more accurate picture of the property’s value. It’s important to understand how seasoning works and how it can affect your ability to refinance a property.

Are You Eligible for a Texas Cash-Out Refinance? Here’s What You Need to Know”
If you’re a Texas homeowner looking to take cash out of your home’s equity while refinancing your mortgage, a Texas cash-out refinance might be the right option for you. However, eligibility requirements can be stringent, and it’s important to understand them before you apply. Factors such as loan-to-value ratio, credit score, debt-to-income ratio, home equity, and property type can impact your eligibility for this type of loan. At Hurst Lending, our mortgage advisors can help you determine if a Texas cash-out refinance is the right option for you and guide you through the process.

In today’s competitive housing market, timing is everything. The ability to buy a new home before selling your current one can provide peace of mind and financial flexibility. From bridge loans to rent-back agreements, various mortgage options cater to buyers in this situation. Remember, working with an experienced lender is key to navigating the complexities of ‘buy before you sell’ scenarios and ensuring a successful transition.

Purchasing a multifamily property and occupying one of the units is a smart investment strategy for real estate investors. By taking advantage of special loan programs that offer low down payments like FHA and VA loans, you can maximize profits and minimize expenses. Hurst Lending specializes in providing low-down-payment loans for real estate investors, offering a variety of loan programs with exceptional customer service and a streamlined loan application process.

If you’re a real estate investor looking to refinance a property, you may run into seasoning requirements. These requirements can limit your ability to access the equity in the property, which can be a problem if you need to fund other investments. However, seasoning is required by lenders to reduce the risk of default and provide a more accurate picture of the property’s value. It’s important to understand how seasoning works and how it can affect your ability to refinance a property.

Are you looking to buy a new home before selling your current one? A buy before you sell mortgage program may be the solution you need. With options such as bridge loans and home equity loans, you can use the equity in your existing home as collateral for your new mortgage. But be aware of the potential higher costs. Read on to learn more about this option.