Paul Spencer

NMLS # 320089

214-507-4210

paul@vipmtg.com

Paul Spencer Residential Mortgage Loan Originator

Blog

The Top 7 Mortgage FAQs of First-Time Buyers

The Top 7 Mortgage FAQs of First-Time Buyers

Buying a home for the first time is an adventure; it is exciting, but it can also be challenging to understand all the terms and procedures. If you are getting started on your home buying journey, here are some of the most frequently asked questions that

Aug 09, 2022 | Purchasing a Home

Can I Buy a House While Changing Jobs?

Can I Buy a House While Changing Jobs?

While a job change can mean variety and advancement, if you are in the process of buying a home it can complicate matters. In general, changing employment before a home purchase is acceptable to mortgage lenders, but starting a new job once your loan appl

Aug 04, 2022 | Purchasing a Home

FHA Loans: the 9 Most Frequently Asked Questions

FHA Loans: the 9 Most Frequently Asked Questions

If you are getting ready to buy a home, you might want to consider using an FHA loan. What are these mortgages? Here are answers to some of the most frequently asked questions about FHA loans to help you decide if one is right for you. What is an FHA Lo

Aug 02, 2022 | Purchasing a Home

How Much Money Do I Need to Save Before I Buy a House?

How Much Money Do I Need to Save Before I Buy a House?

If you’ve been saving to buy a house, rising home prices and interest rates over the past year can make homeownership seem out of reach. Inflation that has reached 40-year highs does not help either. Before you give up on breaking into the housing market,

Jul 28, 2022 | Purchasing a Home

A Renovation Loan Could Help You Beat the Housing Market

A Renovation Loan Could Help You Beat the Housing Market

Today’s housing market remains hot, with soaring sales prices, even as mortgage interest rates have almost doubled in the past year. Those factors combined with very limited inventory make it difficult for many would-be buyers to get a foothold in homeown

Jul 26, 2022 | Purchasing a Home

Is A Reverse Mortgage a Good Way to Pay for Long-term Care?

Is A Reverse Mortgage a Good Way to Pay for Long-term Care?

According to a recent Genworth study, every day until 2030, 10,000 “Baby Boomers” will reach the age of 65. And another study found that seven out of ten seniors will require long-term care before the end of their lives. However, not everyone has the fina

Jul 21, 2022 | Reverse Mortgage

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