Home Financing

February 4, 2022

Should You Refinance Your Home In 2022?

Should You Refinance Your Home In 2022? Financially speaking, times are tough for many Texans. Loss of income due to illness or changes in your work situation may mean that you’re looking at cutting costs, or perhaps you want to make your dollar stretch further. Whatever your personal circumstances, a mortgage refinance may be a good option to help lower your mortgage payment and lessen your financial burden in the long run. This month, we offer some tips and advice about mortgage refinancing in 2022 so you can determine if it’s right for you. The Upside of Mortgage Refinance Refinancing your mortgage is a great way to put more money in your pocket in a number of ways. It can […]
October 7, 2019

Interest Rate trends in 2019

The Lippincott Team has been busy all summer long, and we’re continuing to work hard for our wonderful clients as we transition into a bustling fall season. If you’re looking to finance a new home or refinance your current home, now may be the perfect time. Here’s why: mortgage rates recorded their lowest monthly average in over three years last month! According to three top industry forecasts, the trend toward low mortgage rates and increased housing construction will continue for the remainder of 2019 and into 2020. Great news, right? To help put this into perspective for our buyers, we’ve compared current rates to rates from just one year ago. Mortgage rates are currently about 1.25 percentage points lower – […]
October 2, 2018

Give Yourself Some Credit! How Your Score Affects You in 2018

You’ve found the home of your dreams… now what? One of the most important factors in securing a home loan is your credit score. Typically, a higher score increases your chance of being approved for a loan and securing a lower interest rate. When you apply for a home loan, lenders will pull your credit report and rely heavily on the information it provides. Your report includes a record of borrowed money, your payment history, and how much open credit you have available. It highlights any bills referred to collection agencies, public record information attached to your name such as bankruptcy or tax liens, credit cards, student loans, auto loans, and other inquiries made about your credit. Lenders rely on […]
September 6, 2017

Your Quick Guide to Homeowners Insurance

You’ve found your dream home and everything is falling into place beautifully. Congratulations! There is so much to process when buying a new home, it’s enough to make your head swim. When looking for a home loan, for example, you may be uncertain about homeowners insurance and you’re not alone. Use this quick guide to familiarize yourself with it before making a decision. Homeowners Insurance 101 Insurance is purchased to allow you to rest assured knowing your investment and future is safe and secure. There are a lot of things you may consider important in your life and your family, pets, and your home likely top the list. Consider the following tips when looking for a homeowners insurance policy for […]
August 23, 2017

What You Need to Know About Property Tax and the Texas Homestead Exemption

No one wants to pay more taxes than you have to. The good news is that the Texas Homestead Exemption allows homeowners to keep more of their hard earned money in their pockets, where it belongs. Other than exemptions for disabled veterans or survivors, the following applies only for your primary residence and not to any other property you own. Claimed Property Tax Can Keep More Money in Your Pocket Texas Homestead Exemptions exclude a portion of your home’s worth from taxation, thus lowering your neighborhood taxes. Here is what you need to know when filing this tax season. The Home Must be Yours In order to qualify for the Texas Homestead property tax exemption, the home must meet the […]

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