Thank you for your service to our country.
Thank you to your family who has sacrificed their lives as well as you served.
Thank you for those who gave the ultimate sacrifice for people they don’t even know.
Thank you for putting yourself in harm’s way for us.
Thank you for moving every few years, up-ending your family to get to a new duty station either in the United States or anywhere else around the world where you are needed.
Thank you for taking those temporary duty stations without your family because the area was too dangerous to have them near.
Thank you for the deployments you went on where you were gone from your family for anywhere from three months to a year.
Thank you for the thankless efforts you provide for some who don’t respect any of that but you do it anyway.
Let Us Honor You
As a Realtor® with Ebby Halliday, REALTORS® there is an opportunity to offer a thank you to you for your service through a program called “Military on the Move.”
This program offers rebates to those who have served our country, when they purchase a home in Texas. For information on the extent of those rebates, email me and I can send you a brochure about the program and the range of rebates available.
My partners at Texas Premiere Title have also generously offered to waive their title fees for active duty military and veterans. That’s a considerable savings when purchasing a home.
I have a standard giving offer from every transaction I am involved with regarding the sale or purchase of a property, that I will give $200 to Agape Resource & Assistance Center, Inc. Agape is an organization that offers housing for women and their children who are escaping domestic violence situations and find themselves homeless. There holistic approach allows these women and their children to rebuild their lives.
Let’s make a deal today!
Credit Catch 22
Your credit score is a double edged sword. On the one hand, you need it in order to get loans for things like cars and houses. You will also need it to qualify for a lease. On the other hand, if you aren’t careful with your credit choices, you can end up in a credit crunch. This can make it very difficult to qualify for loans and leases.
I’ve been on all sides of the credit issue and have even written a book related to that experience. When it comes to buying a home, your credit is the first thing that gets looked at when you need to take out a loan for a home. Lenders will look at every aspect of your credit to determine if they will back a loan for you to purchase. In today’s market, it is so important to get pre-approved or even pre-underwritten for a loan so that when the house you want comes on the market, you are ready to go.
Here are three things you can start doing today that will begin to improve your credit score without resorting to debt-consolidation plans or filing bankruptcy.
Pay Every Bill On-Time
Nothing screams at your credit louder than missing payments on credit cards and utility bills. They are red flags to lenders. If you fall into this category, start paying your bills on-time. It may take six months to fix your credit this way but it’s an easy fix if you want to change your situation.
Don’t Use Credit
It’s ok to have credit. It’s not ok to have so much debt related to credit that your debt-to-income ratio gets so high that no one will loan money to you for a purchase. Typically, if you have 35% or more of your income dedicated to debts – and that includes your rent, then it will be more difficult to get that loan. The best option is to simply stop using your credit cards and don’t open any new accounts. Lenders will also tell you not to close any accounts. If you are paying all your bills on-time and no longer using your credit cards, then it just goes to say that your debt-to-income ratio will start to go down the longer you pay.
You’re going to need a down payment for that house you want to buy unless you are using a VA loan. Do you need 3.5%, 5%, or even 20% down when you purchase? Your decision will determine if you need to secure mortgage insurance on your loan. VA loans are for military – active duty and veterans – as a way to say thank you for your service. Other programs are available such as the Military On The Move program.
Take care of your credit and it will take care of you when it comes to larger purchases. Reach out to me if you are ready to search for a home or if you need more information about fixing credit issues so you can purchase.
Request a free brochure on steps you can take to get ready for pre-approval of your loan.