Texas Real Estate
Trealtor If you make $3,000 a month, most lenders use the 28/36 rule: That means you can probably buy a house in the $120K–$150K range, depending on interest rates, down payment, and property taxes. Here’s a quick visual for you: 🏡 Can You Buy a House on $3,000/Month? Monthly Income: $3,000 Max Housing Budget (28%): $840 … Read more
Good news: $70K a year can get you into a nice home — but it depends on your debt, down payment, and current rates. Here’s a rough estimate: 💡 Why this matters: 💬 Trealtorr Take We don’t just give you a number — we run your real numbers, include grants & first-time buyer programs, and … Read more
🏡 Cheapest Home Loan? Forget the Banks! If you’re looking for the lowest rates and best deal, it’s not about which bank you pick — it’s about having the right team working for YOU. ✅ Multiple Lenders, One Call: We compare dozens of lenders so you get the lowest rate possible. ✅ First-Time Buyer Grants: … Read more
Good news: you don’t need perfect credit to buy your first home! What matters depends on the type of loan you choose: ✅ Typical Loan Requirements Loan Type Minimum Credit Score Notes FHA Loan 580+ With 3.5% down payment. If 500–579, you can still qualify with a 10% down payment. Conventional Loan 620+ Usually requires … Read more
The amount you need to earn depends on interest rates, down payment, and your other debts, but here’s a solid estimate using today’s FHA-style scenario: 💰 Income Needed Lenders usually want your housing costs to be no more than ~30–31% of your gross monthly income. 💡 Tip: First-time buyer grants or down payment assistance can … Read more
💰 How Much Is a 3.5% Down Payment on a $400K Home? 💡 Why This Matters 💬 Our Take At Trealtorr, we help first-time buyers figure out exactly how much they need upfront, including grants, closing costs, and any assistance you qualify for — so there are no surprises. 📲 Call or text us today … Read more
Here’s the reality: 💡 Conclusion: A $300K house is probably out of reach on a $50K salary without additional help. Your monthly payment would likely be higher than what lenders consider safe, unless you: 💬 Our Take At Trealtorr, we help first-time buyers see the real numbers and find creative ways to make a home … Read more
With an FHA loan, you can buy a home with as little as 3.5% down, but your income still matters because lenders look at your debt-to-income ratio. Here’s a quick estimate: 💰 Income Needed 💡 Tip: With first-time buyer grants or down payment assistance, you could lower the amount you need upfront, which also reduces … Read more
🚫 The Downsides of an FHA Loan (Real Talk) FHA loans are awesome for first-time buyers because they let you buy with as little as 3.5% down — but there are a few catches you should know before you sign: 🔑 Mortgage Insurance You Can’t Escape (Easily) You’ll pay mortgage insurance (MIP) every month, and … Read more
Thinking about snagging free money for your first home? Here’s the quick scoop: ✅ Income Limit – Your household income has to be under a certain limit (usually ~80% of your area’s median income). Don’t worry, we can check that for you.✅ Your Own Skin in the Game – Most programs want you to chip … Read more