Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in 78240 : Real Estate Advice

  • All22
  • Local Info1
  • Home Buying15
  • Home Selling2
  • Market Conditions1

Activity 15
Sat Jul 29, 2017
Kathy Burgreen answered:
Yes Quicken Loans, Lending Tree and other online mortgage loan websites do state in SMALL PRINT in their commercials that the low interest claims they make do not apply to everybody. They also state that the average buyer will see higher interest rates. Briefly, Quicken Loans and Lending Tree advertise low interest rates that only apply to buyers who have credit scores in the 800's, have 20% down payment and have 6 months cash reserves in their savings accounts. If you don't fit this profile, you will be charged a higher interest rate.

Quicken Loans and Lending Tree can advertise their low interest rates which only apply to very few people as long as they state the truth in writing. However, the truth is stated in tiny print which nobody bothers to read. I'm smart enough to read it fast during their commercials.

Stick with your credit union. You will do much better.
... more
1 vote 1 answer Share Flag
Sun Aug 7, 2016
Buentello98 asked:
Fri Apr 15, 2016
Hi Alice,

I think I can get you approved for a mortgage with a good letter of explanation.

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
Apply Online:
NMLS# 787231
... more
0 votes 1 answer Share Flag
Tue Jan 5, 2016
Susie Kay answered:
How bad is your credit? I would suggest that you talk to a lender or two and go from there.
0 votes 3 answers Share Flag
Thu Mar 20, 2014
Robert Krop answered:
I recommend interviewing for a local buyer's agent. They will be able to then give you the best steps for finding a good lender to start figuring out what you will be able to spend.
0 votes 17 answers Share Flag
Tue Feb 4, 2014
Hi Amy,

I can do an FHA loan with a 560 credit score with 10% down. I will be honest, it is difficult to qualify for because often the reasons that your score is that low cause issues. However, I can take a look at your situation and determine whether it is likely that you could qualify for this program if you wish. If not, I have great success getting my clients scores up 10 to 100 points in order to improve their mortgage qualifications.
I'm available to help you at your convenience if you wish.

I can do a full underwriting approval ahead of time if need be and I also offer credit score improvement programs for free while we work on your mortgage.

If you like my answer, consider clicking on a “Thumbs Up” or “Best Answer”


Robert L. Hanson
Gladewater National Bank
First Time Homebuyer Specialist

Direct: 240-752-7549 Cell: 301-651-7822
NMLS# 695929

Rate quote or live chat with me at the link below:
... more
0 votes 15 answers Share Flag
Fri Dec 27, 2013
Laura Yznaga answered:
It is surely possible. I would be glad to help! When are you looking to move? Do you have a property in mind?

Tx.Lic. # 632526
0 votes 1 answer Share Flag
Tue Nov 19, 2013
Michael Restaino answered:
Just make sure that your lender is licensed in the state you'd like to purchase a home.
0 votes 9 answers Share Flag
Mon Nov 4, 2013
J.J. Gorena answered:
Our office is located right next to the medical center and we are very familiar with the area.

It is always best to work with a real estate professional, with The Trey Group you get a full team working for you. The seller will be prepared to pay for commissions, you won't have to worry about that.

Give us a call, or shoot us an email and let us know if we can help you.

The Trey Group
... more
0 votes 18 answers Share Flag
Thu Oct 10, 2013
Laura Yznaga answered:
Hi Anita,
Did you ever find anyone to assist you with your question? I would be happy to help you with your needs! You may email me at or visit me at www.laurayznagarealtor,com to aide in your search! Have a wonderful day...Laura (830)200-8717 in San Antonio Texas ... more
0 votes 5 answers Share Flag
Wed Jul 31, 2013
AMY KARNS answered:
We specialize in Northwest San Antonio and would be glad to help you navigate the home purchase process.
0 votes 34 answers Share Flag
Fri Dec 17, 2010
Agent answered:
Doc Stephens gave a pretty well planned answer. You should be able to get somewhere around a 4.5% P&I rate with 30% down.

Look at getting a shorter term loan if you're wanting to pay off that mortgage quickly.

What I wanted to add was make sure you do the math before you start paying extra on that mortgage, while it seems smart it may not be wise. With an interest rate at say 4.5% that is pretty low. You would essentially be saving yourself 4.5 cents on the dollar for every dollar you add to the principal. Opt to pay off higher interes loans first such as credit cards, car loans etc that may have say a 17% interest rate you'll be saving yourself 17 cents in the dollar for every dollar you add to that loan.

And always look at investing that $250 a month into a ROTH or ROTH IRA or stocks which could yield you 10% or more on what you invest.

Adding extra principal payments made sense a few years ago when interest rates where higher in the 7% and 8% range it was a smart move with today's rates there are definitely smarter ways to invest your money than adding extra to your principal payments every month.

Do your research on this and remember it may sound smart but it may not be the wisest choice!
... more
0 votes 10 answers Share Flag
Sun Sep 12, 2010
Jana Halverson answered:
Rent to own is risky business, however, there are quite a few owners that are willing to carry a contract. It's one of our search options for property. If you are interested to see what's available you can have a search set up for you and sent to your email. ... more
0 votes 12 answers Share Flag
Thu Jun 3, 2010
Doc & Ellen Stephens answered:
Hi, Larry,

You can buy a property up to about $70,000 on VA Loan with zero down, and get the Seller to cover ALL of your closing costs and pre-paid taxes and insurance. Of course, any loan wold have to be approved by a lender and meet VA Appraisal guidelines.

There are currently two condos in 78240 that you could probably buy @ your price including the Home Owner Association fees. If you want another area, we can do a search for you.

Let me know if you want to see them.

Best regards,

Ellen and Doc Stephens, REALTORS®
Keller Williams Realty
(210) 696-9996 ext 409
... more
0 votes 7 answers Share Flag
Search Advice