New Home Purchase Time Renting is Too Expensive

New Home Purchase Time Renting is Too Expensive

Go back to: Mortgage News | Homepage

New Home Purchase Time Renting is Too Expensive

New Home Purchase Time Renting is Too Expensive

While home values are rising quickly, the demand for homes is also raising rent prices through the roof and really putting a squeeze on renters.  Rents are rising across the board, and the real takeaway is that renting a home is too expensive for what you are getting – you can make a new home purchase for a similar price.

Rent, of course, gives you nothing but a roof over your head.  You build no value or wealth, and own nothing at the end of the day.  As renters pay more and more for their homes, the value that they get for their dollar decreases quickly from there, and eventually stops being worth it.

However, saving for a down payment can be difficult as well. 

Luckily, the 20% down payment for a conventional loan is no longer the only entry point for a new home purchase.  There are multiple loan programs for people who need to put a smaller amount down.

FHA Loans are available to everyone and only require a 3.5% down payment.  This loan is ideal for low-income borrowers and first-time homebuyers, who may not have the ability to put together a large down payment for a new home purchase.

VA Loans, like the Hero.Loan program, are a way for veterans to buy a home without any down payment.  It’s open to veterans, active servicemembers, and their families, and it’s the best loan that they can have for their new home purchase.

The USDA Loan is another program that can give borrowers in rural areas a low down payment loan.

With rental home supply low, many investors are jumping into the market and buying up the available homes, pushing rental prices higher and higher, and making new home purchases more expensive.

This isn’t a problem that’s going away any time soon, with home inventory still slow to develop in many communities.  It’s a great time to buy because rates are at historic levels, but you have to work to get the home that you want. 

Get pre-approved for your mortgage today by the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!
  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender





Texas Home Loans & Mortgages

HOME LOAN REFINANCE

Pay Off High Interest Debt and Cash-out Equity In Your Home

FHA HOME LOAN

Flexible Home Mortgage Guidelines With Attractive Rates

HARP HOME LOAN

Refinance Your Current Home Mortgage Without An Appraisal

JUMBO HOME LOAN

Higher-Dollar Home Loans From A Trusted Mortgage Lender

BANK STATEMENT MORTGAGE

Home Mortgage For Business Owners & Self-Employed

Buy a House Renting a Home is Too Expensive

Buy a House Renting a Home is Too Expensive

Go back to: Mortgage News | Homepage

Buy a House Renting a Home is Too Expensive

Buy a House Renting a Home is Too Expensive

While home values are rising quickly, the demand for homes is also raising rent prices through the roof and really putting a squeeze on renters.  Rents are rising across the board, and the real takeaway is that renting a home is too expensive for what you are getting – for a similar price you can buy a house.

Rent, of course, gives you nothing but a roof over your head.  You build no value or wealth, and own nothing at the end of the day.  As renters pay more and more for their homes, the value that they get for their dollar decreases quickly from there, and eventually stops being worth it.

However, saving for a down payment can be difficult as well. 

Luckily, the 20% down payment for a conventional loan is no longer the only entry point for home purchases.  There are multiple loan programs for people who need to put a smaller amount down.

FHA Loans are available to everyone and only require a 3.5% down payment.  This loan is ideal for low-income borrowers and first-time homebuyers, who may not have the ability to put together a large down payment.

VA Loans, like the Hero.Loan program, are a way for veterans to buy a home without any down payment.  It’s open to veterans, active servicemembers, and their families, and it’s the best loan that they can have.

The USDA Loan is another program that can give borrowers in rural areas a low down payment loan.

With rental home supply low, many investors are jumping into the market and buying up the available homes, pushing rental prices higher and higher, and making homes more expensive.

This isn’t a problem that’s going away any time soon, with home inventory still slow to develop in many communities.  It’s a great time to buy because rates are at historic levels, but you have to work to get the home that you want. 

Get pre-approved for your mortgage today by the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

John Schutze

John Schutze

John Schutze was born and raised in Austin, TX and graduated from Texas State University with a degree in finance. Beginning his career as a financial advisor, John has a unique perspective when it comes advising his clients on the best mortgage type for their financial plan. With almost 20yrs experience in the mortgage industry, John has helped over 1500 families purchase or refinance their home.

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval





Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

No More Credit Card Debt For the Holidays

No More Credit Card Debt For the Holidays

The holidays are stressing people out this year, and not just because they can’t find this year’s Tickle Me Elmo.  They’re ready to get rid of credit card debt for the holidays.

When a poll was taken this year by Country Financial, about 70% of adults are stressing about money woes this holiday season.

A full half of the surveyed people responded that they wanted to have a debt (mortgage, student loans or credit cards) eliminated for the holidays, and only 19% wanted a vacation or some kind of large item.

This is harder than it seems though.  On average, people need $58,673 to get themselves completely out of debt, according to Country Financial.  This number grows every year as everything gets more expensive and salaries don’t grow apace.

The Federal Reserve reports that consumer debt has topped $4 trillion!

Much of this debt is due to credit cards.  These are by far the most convenient, but most expensive, way to borrow money.  The interest rates on credit cards are, on average, at 17.25%, according to CreditCards.com.  And this is compounding interest.  If you’re paying the minimums every month, you’ll be in debt until you die.  Credit card debt will quickly grow until you’re just trying to pay off things you bought years ago.

Even though most people shopping for the holidays are in debt, Experian says that their poll shows that they will spend an average of $1,679 this year on gifts, a 75% increase over last year.

So what’s the solution?  For homeowners, there’s a great way to solve the credit card problem.  A Cash Out Refinance lets you take value out of your home and use it to pay off your higher-interest loans.  It’s the best way to get out of credit card debt. 

With interest rates near all-time lows, and home values skyrocketing, there has never been a better time to get out of credit card debt with a cash out refinance.

When you’re ready to get rid of your credit card debt, call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!
  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender





Texas Home Loans & Mortgages

HOME LOAN REFINANCE

Pay Off High Interest Debt and Cash-out Equity In Your Home

FHA HOME LOAN

Flexible Home Mortgage Guidelines With Attractive Rates

HARP HOME LOAN

Refinance Your Current Home Mortgage Without An Appraisal

JUMBO HOME LOAN

Higher-Dollar Home Loans From A Trusted Mortgage Lender

BANK STATEMENT MORTGAGE

Home Mortgage For Business Owners & Self-Employed

Get Rid of Credit Card Debt For the Holidays

Get Rid of Credit Card Debt For the Holidays

The holidays are stressing people out this year, and not just because they can’t find this year’s Tickle Me Elmo.  They’re ready to get rid of credit card debt for the holidays.

When a poll was taken this year by Country Financial, about 70% of adults are stressing about money woes this holiday season.

A full half of the surveyed people responded that they wanted to have a debt (mortgage, student loans or credit cards) eliminated for the holidays, and only 19% wanted a vacation or some kind of large item.

This is harder than it seems though.  On average, people need $58,673 to get themselves completely out of debt, according to Country Financial.  This number grows every year as everything gets more expensive and salaries don’t grow apace.

The Federal Reserve reports that consumer debt has topped $4 trillion!

Much of this debt is due to credit cards.  These are by far the most convenient, but most expensive, way to borrow money.  The interest rates on credit cards are, on average, at 17.25%, according to CreditCards.com.  And this is compounding interest.  If you’re paying the minimums every month, you’ll be in debt until you die.  Credit card debt will quickly grow until you’re just trying to pay off things you bought years ago.

Even though most people shopping for the holidays are in debt, Experian says that their poll shows that they will spend an average of $1,679 this year on gifts, a 75% increase over last year.

So what’s the solution?  For homeowners, there’s a great way to solve the credit card problem.  A Cash Out Refinance lets you take value out of your home and use it to pay off your higher-interest loans.  It’s the best way to get out of credit card debt. 

With interest rates near all-time lows, and home values skyrocketing, there has never been a better time to get out of credit card debt with a cash out refinance.

When you’re ready to get rid of your credit card debt, call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

John Schutze

John Schutze

John Schutze was born and raised in Austin, TX and graduated from Texas State University with a degree in finance. Beginning his career as a financial advisor, John has a unique perspective when it comes advising his clients on the best mortgage type for their financial plan. With almost 20yrs experience in the mortgage industry, John has helped over 1500 families purchase or refinance their home.

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval





Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

75 Years of VA Loans

75 Years of VA Loans

The United States has a long history with the VA Loan.  In 1944, Congress passed the Servicemen’s Readjustment Act, which was also known as the GI bill.  For the past 75 years, this landmark law has helped the brave men and women who served our country with everything from college educations to home loans.  In the 75 years of VA Loans:

  • The Veterans Administration has guaranteed almost 24 million home loans
  • This has let almost 82% of all VA Loans be set with no down payment
  • The VA has granted millions to help disabled Veterans to help them purchase, enhance, or build a home that will help meet their needs and live their lives in comfort and dignity. Last year alone the VA released 2,000 grants at $104 million dollars.

The VA Loan is the best possible loan for veterans, active service members, and their families.  The VA Loan has multiple benefits that other loans do not provide.  These benefits include:

  1. No down payment – There is no down payment requirement with a VA Loan.  You can move into your new house with no money down, or take out a 100% refinance loan from the home.  There are no equity requirements on this loan.
  2. No Private Mortgage Insurance – Private Mortgage Insurance, or PMI, is additional insurance added to your loan in order to mitigate the lender’s risk on a loan with less than 20% equity.  This lets the borrower get a loan with a smaller down payment, but adds extra money to your loan every month that doesn’t go towards paying off your loan.  The VA Loan program doesn’t have this stipulation, unlike other loan programs with smaller down payment requirements.
  3. Lower credit score requirements – VA Loans have less of a barrier to entry on your credit score as well.  Veterans, active service members, and their families don’t have to have perfect credit to get a VA Loan and all of the benefits that come with it.
  4. No cost appraisals – This one is a Hero.Loan exclusive.  We pay for every appraisal on VA Loans as a thank you to your service.
  5. 14 day closings – OK, this is another Hero.Loan exclusive.  Since we are delegated at the highest level for VA Loans, we make our own credit decisions.  This lets us close your VA Loan in as little as 14 days, and lets you use the benefits you’ve worked so hard for without missing out on the home of your dreams.

The VA Loan program has been a huge success for veterans, active service members, and their families.  With millions of borrowers able to buy homes thanks to the program, it’s one of the best benefits of a military career.

If you are a veteran, active servicemember or their family, call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

John Schutze

John Schutze

John Schutze was born and raised in Austin, TX and graduated from Texas State University with a degree in finance. Beginning his career as a financial advisor, John has a unique perspective when it comes advising his clients on the best mortgage type for their financial plan. With almost 20yrs experience in the mortgage industry, John has helped over 1500 families purchase or refinance their home.

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval





Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

75 Years of the VA Loan Program

75 Years of the VA Loan Program

The United States has a long history with the VA Loan.  In 1944, Congress passed the Servicemen’s Readjustment Act, which was also known as the GI bill.  For the past 75 years, this landmark law has helped the brave men and women who served our country with everything from college educations to home loans.  In the 75 years of VA Loans:

  • The Veterans Administration has guaranteed almost 24 million home loans
  • This has let almost 82% of all VA Loans be set with no down payment
  • The VA has granted millions to help disabled Veterans to help them purchase, enhance, or build a home that will help meet their needs and live their lives in comfort and dignity. Last year alone the VA released 2,000 grants at $104 million dollars.

The VA Loan is the best possible loan for veterans, active service members, and their families.  The VA Loan has multiple benefits that other loans do not provide.  These benefits include:

  1. No down payment – There is no down payment requirement with a VA Loan.  You can move into your new house with no money down, or take out a 100% refinance loan from the home.  There are no equity requirements on this loan.
  2. No Private Mortgage Insurance – Private Mortgage Insurance, or PMI, is additional insurance added to your loan in order to mitigate the lender’s risk on a loan with less than 20% equity.  This lets the borrower get a loan with a smaller down payment, but adds extra money to your loan every month that doesn’t go towards paying off your loan.  The VA Loan program doesn’t have this stipulation, unlike other loan programs with smaller down payment requirements.
  3. Lower credit score requirements – VA Loans have less of a barrier to entry on your credit score as well.  Veterans, active service members, and their families don’t have to have perfect credit to get a VA Loan and all of the benefits that come with it.
  4. No cost appraisals – This one is a Hero.Loan exclusive.  We pay for every appraisal on VA Loans as a thank you to your service.
  5. 14 day closings – OK, this is another Hero.Loan exclusive.  Since we are delegated at the highest level for VA Loans, we make our own credit decisions.  This lets us close your VA Loan in as little as 14 days, and lets you use the benefits you’ve worked so hard for without missing out on the home of your dreams.

The VA Loan program has been a huge success for veterans, active service members, and their families.  With millions of borrowers able to buy homes thanks to the program, it’s one of the best benefits of a military career.

If you are a veteran, active servicemember or their family, call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!
  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender





Texas Home Loans & Mortgages

HOME LOAN REFINANCE

Pay Off High Interest Debt and Cash-out Equity In Your Home

FHA HOME LOAN

Flexible Home Mortgage Guidelines With Attractive Rates

HARP HOME LOAN

Refinance Your Current Home Mortgage Without An Appraisal

JUMBO HOME LOAN

Higher-Dollar Home Loans From A Trusted Mortgage Lender

BANK STATEMENT MORTGAGE

Home Mortgage For Business Owners & Self-Employed

Skip Two Months of Mortgage Payments With a Cash-Out Refinance

Skip Two Months of Mortgage Payments With a Cash Out Refinance

Go back to: Mortgage News | Homepage

Skip Two Months of Mortgage Payments With a Cash-Out Refinance

Skip Two Months of Mortgage Payments With a Cash Out Refinance

With the holidays right around the corner, and Black Friday staring us in the face, it’s a great time to skip two months of mortgage payments, isn’t it? Sound crazy? Well, with a cash-out refinance with us, you can skip two full months of payments on your mortgage after closing.


However, that’s only one reason to refinance your home right now.


Mortgage interest rates are still sitting near their all-time lows, and your home has never been more valuable. It’s the perfect time to take some cash out of your home and pay off credit cards.
With the holidays fast approaching, so many bills are coming with them.

Everything from presents for the kids to travel costs and food is going to cost you during the season, and too often, these expenses get put on the credit cards. That doesn’t need to be the case this year.


A cash-out refinance can help with a lot of issues. You can use the money to finance Christmas bills this year, or add on to your home for more guests, or pay off your credit cards before the holidays. It’s your equity, you have access to it.


The last estimate showed that there were $6.3 trillion dollars in available tappable equity in homes. With average 30-year rates in the 3’s, there’s a lot of people out there that can take money out of their homes and not see their payments rise.


Make sure that you get your cash-out refinance application in as soon as possible so that you can take advantage of these great low rates and high home values. Using our 5 Minute Loan Approval app is the fastest way to get your loan application submitted and completed.


If you are ready for a cash-out refinance, c
all the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!
  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender





Texas Home Loans & Mortgages

HOME LOAN REFINANCE

Pay Off High Interest Debt and Cash-out Equity In Your Home

FHA HOME LOAN

Flexible Home Mortgage Guidelines With Attractive Rates

HARP HOME LOAN

Refinance Your Current Home Mortgage Without An Appraisal

JUMBO HOME LOAN

Higher-Dollar Home Loans From A Trusted Mortgage Lender

BANK STATEMENT MORTGAGE

Home Mortgage For Business Owners & Self-Employed

Cash-Out Refinance – Skip Two Months of Mortgage Payments

Cash-Out Refinance - Skip Two Months of Mortgage Payments

Go back to: Mortgage News | Homepage

Cash-Out Refinance – Skip Two Months of Mortgage Payments

Cash-Out Refinance - Skip Two Months of Mortgage Payments

With the holidays right around the corner, and Black Friday staring us in the face, it’s a great time to skip two months of mortgage payments, isn’t it? Sound crazy? Well, with a cash-out refinance with us, you can skip two full months of payments on your mortgage after closing.


However, that’s only one reason to refinance your home right now.


Mortgage interest rates are still sitting near their all-time lows, and your home has never been more valuable. It’s the perfect time to take some cash out of your home and pay off credit cards.
With the holidays fast approaching, so many bills are coming with them. Everything from presents for the kids to travel costs and food is going to cost you during the season, and too often, these expenses get put on the credit cards. That doesn’t need to be the case this year.


A cash-out refinance can help with a lot of issues. You can use the money to finance Christmas bills this year, or add on to your home for more guests, or pay off your credit cards before the holidays. It’s your equity, you have access to it.


The last estimate showed that there were $6.3 trillion dollars in available tappable equity in homes. With average 30-year rates in the 3’s, there’s a lot of people out there that can take money out of their homes and not see their payments rise.


Make sure that you get your cash-out refinance application in as soon as possible so that you can take advantage of these great low rates and high home values. Using our 5 Minute Loan Approval app is the fastest way to get your loan application submitted and completed.


If you are ready for a cash-out refinance, c
all the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

John Schutze

John Schutze

John Schutze was born and raised in Austin, TX and graduated from Texas State University with a degree in finance. Beginning his career as a financial advisor, John has a unique perspective when it comes advising his clients on the best mortgage type for their financial plan. With almost 20yrs experience in the mortgage industry, John has helped over 1500 families purchase or refinance their home.

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval





Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

Climb For the Kids – The History

Climb For the Kids - The History

As the 5th Annual Climb For The Kids gets underway, we wanted to go back and take a look at the history, and how we have grown every year. 

The Climb For The Kids started in 2015 with Ryan Kelley watching Everest in his house and thinking “I can do that.”  He walked into The Home Loan Expert offices the next morning and told the assembled team that he was climbing a mountain, Mount Rainier, for charity, and he would pay for anyone who wanted to go up with him.

He got no responses.

Finally, a week later, April McCoy, COO of The Home Loan Expert, came to Ryan and asked him if he thought she could climb the mountain.  He immediately signed her up and they started training for the climb.

The climb that year was very difficult for two first timers, and they did not quite reach the summit, with Ryan getting within 700 feet.  However, it was a roaring success, because Ryan and April raised over $14,000 that year for Friends of Kids With Cancer.

The next year brought even bigger successes.  Ryan went back to Mt. Rainier solo and this time, managed to summit the mountain!  He had prepared and trained even harder, and was able to get to the top.  That year, Ryan again raised over $14,000 for 3 charities: Friends of Kids With Cancer, SSM Cardinal Glennon Children’s Hospital, and Alec Ingram.

In 2017, Ryan was injured after completing the grueling Bataan Memorial Death March and was not able to climb that year.  However, Karolina Zavisuite stepped in and did a great job by running a marathon up Pike’s Peak in Colorado!  Karolina was one of the top finishers and was a fitting fill-in for Ryan while he recuperated.  The Climb again raised over $14,000, this time for four charities: Friends of Kids With Cancer, SSM Cardinal Glennon Children’s Hospital, Alec Ingram, and Roman Tough.

Then last year, the Climb For The Kids BLEW UP.  Ryan brought a team to the Grand Tetons in Jackson Hole, Wyoming including last year’s participant Karolina, Jaidev Jyotis, and Lance McOlgen to summit the mountain with him.  They were able to climb to the top and raise over $50,000 for 5 charities: FightDMD. Alec Ingram, Vanderbilt Children’s Hospital, Friends of Kids With Cancer, and SSM Cardinal Glennon Children’s Hospital. 

The Climb For The Kids has raised over $92,000 total in 4 years, and we are shooting for $100,000 this year, but we need your help!  So visit www.climbforthekids.com today to make your donation and learn more about the Climb.

Oh, and we also do mortgages!

If you are ready to buy a home or refinance, call the best mortgage lender in Texas, John Schutze’s Texas Loan Experts Team in Austin at (512) 775-6820 or visit JohnSchutze.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

John Schutze

John Schutze

John Schutze was born and raised in Austin, TX and graduated from Texas State University with a degree in finance. Beginning his career as a financial advisor, John has a unique perspective when it comes advising his clients on the best mortgage type for their financial plan. With almost 20yrs experience in the mortgage industry, John has helped over 1500 families purchase or refinance their home.

John Schutze

As one of the area’s top mortgage bankers for over 17 years, John Schutze considers his #1 goal to be providing a smooth and predictable mortgage experience for all involved. Named the 2017 Mortgage Professional of the Year by Austin Monthly, John has also been consistently selected for the Austin Business Journal Top Producer List.

The John Schutze Show

Recent Posts

  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

Texas Mortgage Lender

Texas Home Loan Pre Approval





Why Choose

The John Schutze Team

CUSTOMER SERVICE
Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.

WE ARE THE EXPERTS
Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.

BETTER HOME LOANS WITH LOWER MORTGAGE RATES
We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.

WE ARE MORTGAGE LENDERS, NOT MORTGAGE BROKERS
As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.

The History of the Climb For the Kids

The History of the Climb For The Kids

Go back to: Mortgage News | Homepage

The History of the Climb For the Kids

The History of the Climb For The Kids

As the 5th Annual Climb For The Kids gets underway, we wanted to go back and take a look at the history, and how we have grown every year. 

The Climb For The Kids started in 2015 with Ryan Kelley watching Everest in his house and thinking “I can do that.”  He walked into The Home Loan Expert offices the next morning and told the assembled team that he was climbing a mountain, Mount Rainier, for charity, and he would pay for anyone who wanted to go up with him.

He got no responses.

Finally, a week later, April McCoy, COO of The Home Loan Expert, came to Ryan and asked him if he thought she could climb the mountain.  He immediately signed her up and they started training for the climb.

The climb that year was very difficult for two first timers, and they did not quite reach the summit, with Ryan getting within 700 feet.  However, it was a roaring success, because Ryan and April raised over $14,000 that year for Friends of Kids With Cancer.

The next year brought even bigger successes.  Ryan went back to Mt. Rainier solo and this time, managed to summit the mountain!  He had prepared and trained even harder, and was able to get to the top.  That year, Ryan again raised over $14,000 for 3 charities: Friends of Kids With Cancer, SSM Cardinal Glennon Children’s Hospital, and Alec Ingram.

In 2017, Ryan was injured after completing the grueling Bataan Memorial Death March and was not able to climb that year.  However, Karolina Zavisuite stepped in and did a great job by running a marathon up Pike’s Peak in Colorado!  Karolina was one of the top finishers and was a fitting fill-in for Ryan while he recuperated.  The Climb again raised over $14,000, this time for four charities: Friends of Kids With Cancer, SSM Cardinal Glennon Children’s Hospital, Alec Ingram, and Roman Tough.

Then last year, the Climb For The Kids BLEW UP.  Ryan brought a team to the Grand Tetons in Jackson Hole, Wyoming including last year’s participant Karolina, Jaidev Jyotis, and Lance McOlgen to summit the mountain with him.  They were able to climb to the top and raise over $50,000 for 5 charities: FightDMD. Alec Ingram, Vanderbilt Children’s Hospital, Friends of Kids With Cancer, and SSM Cardinal Glennon Children’s Hospital. 

The Climb For The Kids has raised over $92,000 total in 4 years, and we are shooting for $100,000 this year, but we need your help!  So visit www.climbforthekids.com today to make your donation and learn more about the Climb.

Oh, and we also do mortgages!

If you are ready to buy a home or refinance, call the best mortgage lender in Texas, Arien Bowersock’s Texas Loan Experts Team in Austin at (512) 669-8306 or visit BowersockTeam.com to apply now. Texas Loan Experts has the lowest rates on Conventional, FHA, Mortgage Refinances, Jumbo Loans, Debt Consolidation Loans, Rate and Term Refinances, Cash Out Refinances, and HARP Loans. We are also the exclusive home for Hero.Loan VA Mortgages and The Bank Statement Mortgage. We will come to you to close your loan. Nobody gets lower mortgage rates on better loans than Texas Loan Experts.

Arien Bowersock

Arien Bowersock

I was born in Lubbock, TX and came to Austin in 1998 to attend the University of Texas. After graduating, I knew I didn’t want to leave Austin. On a whim, I took a job as a loan officer assistant and I haven’t looked back since! With over 15 years in this industry I know this market well. Not only do I help my clients with their mortgage, I assist with all other home buying needs. Whether it’s deciding on the best neighborhood, choosing a realtor, or giving my opinion on a paint color- I am here to help!
  • Close your loan in as little as 14-days
  • Day 1 Certainty simplifies the process
  • Customer service no one can match

How Can We Help You?

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