REFINANCE
LOANS.
"Your mortgage is a dynamic financial tool. Refinancing in the Texas market requires local wisdom and architectural precision."
— Michael Durr
PRESERVE CAPITAL.
"Refinancing is more than just changing a rate. It's about restructuring your debt to optimize your monthly liquidity and long-term net worth."
- ✓NO-CLOSING-COST SCENARIO ANALYSIS
- ✓TEXAS 50(A)(6) CASH-OUT AUTHORITY
- ✓PMI REMOVAL STRATEGIES
The Savings Blueprint.
Return on Investment
"In the Texas market, a 1% rate drop on a $450k loan saves approximately $300 per month. That's $3,600 a year in new investment capital for your family."
Break-Even Analysis
Mike calculates exactly which month your savings overcome your closing costs.
Texas-Specific Rules
Expertise in Texas home equity laws to ensure your cash-out is smooth and legal.
Technical
Insight.
Success in refinancing is found in the technical execution. Mike ensures every scenario is bulletproof.
Broker Tip:
"Don't wait for the 'perfect' rate. If you can save $200+ a month now, start the process. You can always refinance again if rates drop further later."
LTV Thresholds
For a primary residence, you can refinance up to 95% of your home's value for rate-and-term, or 80% for a Texas Cash-Out.
Seasoning Requirements
Most programs require you to be in your current loan for at least 6 months.
Appraisal Options
Depending on your data and equity, we can often secure 'Appraisal Waivers,' saving you $600+.
REFI VARIANTS.
Tailored scenarios for Texas homeowners
Standard Purchase
The classic 3.5% down option for 1-4 unit properties. Perfect for primary residences in Texas.
Renovate & Buy
Roll repair costs into your mortgage. Buy a fixer-upper and transform it into your dream home instantly.
Rate Reduction
If you already have an FHA loan, you can drop your interest rate with minimal paperwork and no new appraisal.