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.

How To Renovate Your House Before the Holidays

How To Renovate Your House Before the Holidays

Go back to: Mortgage News | Homepage

How To Renovate Your House Before the Holidays

How To Renovate Your House Before the Holidays

Everyone loves the holiday season.  It’s bright, festive, and a great excuse to get together with family and friends that you haven’t seen all year to celebrate.  It’s also a logistical nightmare.  You have people coming from out of town that have no place to stay, they show up uninvited, or just assumed you had a bed for them.  What are you supposed to do?  That’s why it’s important to make this the year that you renovate your house before the holidays, and with mortgage interest rates near all-time lows, there’s never been a better time.

Why do mortgage interest rates mean that you should pounce?  Well, it’s Cash-Out Refinance season!  The kids are back in school, vacations are over, and you’ll never find a better set of circumstances to get that work done. 

If you’ve always wanted to add a guest bedroom, finish the basement, or put in a gazebo to stand under in the snow, you can use the equity in your home to make it happen.  A Cash-Out Refinance lets you use the equity that you have paid, and that the market has given you in terms of rising home values, to build in a low-interest manner and make your home the place to celebrate the holidays.

So, look forward to the holidays this year!  Show off your new man cave, spare bedroom, or outdoor firepit and let your family and friends celebrate the season with you.  Don’t stress about where to put them, and just enjoy your time together this year.  Bring the family into your new dining room and celebrate the season together instead of standing around the kitchen with paper plates.

This is a real opportunity for you to remake your home and turn it into the gathering place that you always wanted it to be.

To start your holiday season out the right way, 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

Renovate Your House Before the Holidays

Renovate Your House Before the Holidays

Go back to: Mortgage News | Homepage

Renovate Your House Before the Holidays

Renovate Your House Before the Holidays

Everyone loves the holiday season.  It’s bright, festive, and a great excuse to get together with family and friends that you haven’t seen all year to celebrate.  It’s also a logistical nightmare.  You have people coming from out of town that have no place to stay, they show up uninvited, or just assumed you had a bed for them.  What are you supposed to do?  That’s why it’s important to make this the year that you renovate your house before the holidays, and with mortgage interest rates near all-time lows, there’s never been a better time.

Why do mortgage interest rates mean that you should pounce?  Well, it’s Cash-Out Refinance season!  The kids are back in school, vacations are over, and you’ll never find a better set of circumstances to get that work done. 

If you’ve always wanted to add a guest bedroom, finish the basement, or put in a gazebo to stand under in the snow, you can use the equity in your home to make it happen.  A Cash-Out Refinance lets you use the equity that you have paid, and that the market has given you in terms of rising home values, to build in a low-interest manner and make your home the place to celebrate the holidays.

So, look forward to the holidays this year!  Show off your new man cave, spare bedroom, or outdoor firepit and let your family and friends celebrate the season with you.  Don’t stress about where to put them, and just enjoy your time together this year.  Bring the family into your new dining room and celebrate the season together instead of standing around the kitchen with paper plates.

This is a real opportunity for you to remake your home and turn it into the gathering place that you always wanted it to be.

To start your holiday season out the right way, 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.

Will the Fed’s Rate Drop Affect Mortgage Rates

Will the Fed’s Rate Drop Affect Mortgage Rates

Go back to: Mortgage News | Homepage

Will the Fed’s Rate Drop Affect Mortgage Rates

Will the Fed’s Rate Drop Affect Mortgage Rates

The big news Wednesday was the Federal Reserve decreasing the cost of borrowing money, by cutting the benchmark interest rate by one quarter of a percentage point, to 1.75%.  This can have a large impact on interest rates going forward, but the benchmark rate and mortgage interest rates don’t necessarily go hand in hand. 

Your main borrowers affected by this news are going to be borrowers with an ARM, or adjustable-rate mortgage, and even so, it will not be a large change.  The best explanation of this is that the fed rate and mortgage rates are not directly linked.

The Fed rate is used for short-term borrowing, and the mortgage rate is a long-term proposition, typically 15 or 30 years.  Long term mortgage rates generally rise at the same levels as 10-year treasury bonds, although these two are not actually linked, either.

10-year treasury bonds and mortgage rates usually rise in tandem because they are the same type of loan – a stable, long-term investment that is attractive for stable, long-term investors.  They aren’t tied in any way other than the fact that they compete for the same dollars, but they are reliable indicators of each other’s growth and decline.

Your mortgage rate won’t likely drop because of this change to the fed’s benchmark rate, unfortunately.  It’s not a large enough drop and doesn’t move the markets.  In fact, most markets had anticipated this drop and prepared for it, writing at least a quarter point drop into their projections. 

This is illustrated by the interest rate not changing a point Thursday, despite the news.  When the markets can prepare for news, the news doesn’t move the market.

While some homeowners that have ARMs may see a slight decrease depending on when they are scheduled to reset, it doesn’t change the fact that mortgage rates for fixed rate mortgages have held steady at historic low levels.  The rates for 15-and-30-year mortgages are hovering in the mid-3% level, as opposed to 4.6% a year ago. 

This percentage point difference is a massive incentive for both new homebuyers and current homeowners who want to refinance.  That savings on a $200,000 mortgage can give you an extra $125 to $150 back in your pocket every month in a refinance and save you as much on a new home purchase.

This is a historically great time to purchase a home or refinance one.  You will save money if you can refinance your home right now.  You can afford to buy a bigger home right now.  A cash-out refinance right now can rid you of your credit card bills, put money in your pocket, and fund home repairs and improvements.  The sky is the limit and you have many choices about how to handle a lower interest rate like you have today.  We just want to help you make the right one.

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.

Will Mortgage Rates Be Affected By the Fed’s Rate Drop

Will Mortgage Rates Be Affected By the Fed’s Rate Drop

Go back to: Mortgage News | Homepage

Will Mortgage Rates Be Affected By the Fed’s Rate Drop

Will Mortgage Rates Be Affected By the Fed’s Rate Drop

The big news Wednesday was the Federal Reserve decreasing the cost of borrowing money, by cutting the benchmark interest rate by one quarter of a percentage point, to 1.75%.  This can have a large impact on interest rates going forward, but the benchmark rate and mortgage interest rates don’t necessarily go hand in hand. 

Your main borrowers affected by this news are going to be borrowers with an ARM, or adjustable-rate mortgage, and even so, it will not be a large change.  The best explanation of this is that the fed rate and mortgage rates are not directly linked.

The Fed rate is used for short-term borrowing, and the mortgage rate is a long-term proposition, typically 15 or 30 years.  Long term mortgage rates generally rise at the same levels as 10-year treasury bonds, although these two are not actually linked, either.

10-year treasury bonds and mortgage rates usually rise in tandem because they are the same type of loan – a stable, long-term investment that is attractive for stable, long-term investors.  They aren’t tied in any way other than the fact that they compete for the same dollars, but they are reliable indicators of each other’s growth and decline.

Your mortgage rate won’t likely drop because of this change to the fed’s benchmark rate, unfortunately.  It’s not a large enough drop and doesn’t move the markets.  In fact, most markets had anticipated this drop and prepared for it, writing at least a quarter point drop into their projections. 

This is illustrated by the interest rate not changing a point Thursday, despite the news.  When the markets can prepare for news, the news doesn’t move the market.

While some homeowners that have ARMs may see a slight decrease depending on when they are scheduled to reset, it doesn’t change the fact that mortgage rates for fixed rate mortgages have held steady at historic low levels.  The rates for 15-and-30-year mortgages are hovering in the mid-3% level, as opposed to 4.6% a year ago. 

This percentage point difference is a massive incentive for both new homebuyers and current homeowners who want to refinance.  That savings on a $200,000 mortgage can give you an extra $125 to $150 back in your pocket every month in a refinance and save you as much on a new home purchase.

This is a historically great time to purchase a home or refinance one.  You will save money if you can refinance your home right now.  You can afford to buy a bigger home right now.  A cash-out refinance right now can rid you of your credit card bills, put money in your pocket, and fund home repairs and improvements.  The sky is the limit and you have many choices about how to handle a lower interest rate like you have today.  We just want to help you make the right one.

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

VA Loan Facts From Hero.Loan

VA Loan Facts From Hero.Loan

The VA Loan program is the best mortgage available for veterans, active servicemembers and their families.  They have great features and offer more advantages than almost any type of loan.  It’s a great thank you for military service.  No matter what any lender tells you, the VA Loan is always going to be the best loan you can get if you are eligible, and here are some reasons why.

No down payment

The show-stopper.  Buying a home up to $417,000 with no down payment is an enormous advantage over conventional and FHA loans that require anywhere from 3.5% to 20% down payments.  This is a huge benefit to buying a home and has led many people who never thought they would be able to buy a home to move into their dream home. 

Do the math.  If you wanted to buy a $200,000 home with a conventional mortgage, you’re looking at a $40,000 down payment to get to 20%.  Anything less than that and you’re paying PMI, or Private Mortgage Insurance.  An FHA Loan requiring 3.5% down is still $7,000 on that house.  Saving up that much cash is hard for anyone, and making the process easier for people who are in and out of the country makes so much sense.

This benefit really helps veterans get into their home without having to scratch and claw to save up that giant down payment.

Government guaranty

The federal government isn’t ACTUALLY in the habit of giving out mortgages – that’s our job.  What the VA Loan program does is guarantee the mortgage to private VA-approved mortgage companies and banks like us.  This is a promise on the part of the VA to repay the loan if the borrower defaults.  It helps the lender have more confidence in lending the money and allows them to give credit without the down payment that normally mitigates the risk.

This opens the program up to more and more borrowers that may never have had the opportunity to own a home. 

No private mortgage insurance

Remember when we mentioned PMI?  That doesn’t come with a VA Loan the same way it would with any other loan where you have less than 20% equity.  If you have an FHA or Conventional Loan plan that required less than a 20% down payment, you are going to be on the hook for that PMI payment every month to guarantee the loan. 

VA Loans don’t require this for anything, even 100% financing.  According to the VA, this has saved vets billions of dollars over the course of their loans.

It’s not a one-time benefit

Many veterans have been misled that this is a one-time benefit.  It’s not.  Once you are VA-eligible, you are for life.  You don’t have to completely repay your loan to use the VA Loan again, but it does depend on how much of your VA entitlement is still available to you.

No appraisal fee

Hero.Loan also has its own benefits.  You will never pay for an appraisal fee with Hero.Loan, and it’s not rolled into the price of your loan either.  We actually pay that out of our own pocket as a thank you for your service.

14 Day Closings

Since we are VA delegated, we are able to close VA Loans in as little as 14 days.  Most lenders will tell you that VA Loans are hard to close or can take up to 90 days.  That’s because they have to go through other approvals, while we make our own credit decisions and can speed through the process to make sure that you get your home.

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

Facts About VA Loans From Hero.Loan

Facts About VA Loans From Hero.Loan

The VA Loan program is the best mortgage available for veterans, active servicemembers and their families.  They have great features and offer more advantages than almost any type of loan.  It’s a great thank you for military service.  No matter what any lender tells you,  VA Loans are always going to be the best loan you can get if you are eligible, and here are some reasons why.

No down payment

The show-stopper.  Buying a home up to $417,000 with no down payment is an enormous advantage over conventional and FHA loans that require anywhere from 3.5% to 20% down payments.  This is a huge benefit to buying a home and has led many people who never thought they would be able to buy a home to move into their dream home. 

Do the math.  If you wanted to buy a $200,000 home with a conventional mortgage, you’re looking at a $40,000 down payment to get to 20%.  Anything less than that and you’re paying PMI, or Private Mortgage Insurance.  An FHA Loan requiring 3.5% down is still $7,000 on that house.  Saving up that much cash is hard for anyone, and making the process easier for people who are in and out of the country makes so much sense.

This VA Loans benefit really helps veterans get into their home without having to scratch and claw to save up that giant down payment.

Government guaranty

The federal government isn’t ACTUALLY in the habit of giving out mortgages – that’s our job.  What VA Loans do is guarantee the mortgage to private VA-approved mortgage companies and banks like us.  This is a promise on the part of the VA to repay the loan if the borrower defaults.  It helps the lender have more confidence in lending the money and allows them to give credit without the down payment that normally mitigates the risk.

This opens the program up to more and more borrowers that may never have had the opportunity to own a home. 

No private mortgage insurance

Remember when we mentioned PMI?  That doesn’t come with VA Loans the same way it would with any other loan where you have less than 20% equity.  If you have an FHA or Conventional Loan plan that required less than a 20% down payment, you are going to be on the hook for that PMI payment every month to guarantee the loan. 

VA Loans don’t require this for anything, even 100% financing.  According to the VA, this has saved vets billions of dollars over the course of their loans.

It’s not a one-time benefit

Many veterans have been misled that this is a one-time benefit.  It’s not.  Once you are VA-eligible, you are for life.  You don’t have to completely repay your loan to use the VA Loan again, but it does depend on how much of your VA entitlement is still available to you.

No appraisal fee

Hero.Loan also has its own benefits.  You will never pay for an appraisal fee with Hero.Loan, and it’s not rolled into the price of your loan either.  We actually pay that out of our own pocket as a thank you for your service.

14 Day Closings

Since we are VA delegated, we are able to close VA Loans in as little as 14 days.  Most lenders will tell you that VA Loans are hard to close or can take up to 90 days.  That’s because they have to go through other approvals, while we make our own credit decisions and can speed through the process to make sure that you get your home.

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

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

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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.

Refinances Slow to Close? Not With Us

Refinances Slow to Close? Not With Us

With the massive run on mortgage refinances happening right now, many banks and mortgage companies are feeling the crunch.  Since many pundits predicted slow seasons for purchases and refinances, lots of smaller firms cut back on their staffs this year.

“Small and midsize U.S. mortgage firms,” said The Wall Street Journal in November, “are trimming staff, putting themselves up for sale and closing up shop at a clip not seen in years, a sign of the mounting pressure on the housing market as interest rates rise and a long economic expansion matures.”

The issue is that mortgage rates never really rose this year, and have continued to hover near record lows, surprising many industry analysts, with predictions off as much as 2% on mortgage interest rates.  That’s a huge number and saves you a ton of money.

With fewer loan officers available to help you, wait times will explode at many banks and mortgage companies if this doesn’t change. 

However, we didn’t panic when rates threatened to rise.  Instead of furloughs and layoffs, we doubled down and hired more staff.  We promoted from within to create new loan officers that understand the business from the top down. 

This has allowed us to not only keep up with the demand for refinances, but grow our team to grow and handle more volume as the year goes on.  The same volume that has sent banks scrambling lets us close a loan in as little as 14 days.

Our 5-Minute loan application has been a huge help there as well.  Since you can now load all of your documents online, there are fewer roadblocks to your application being approved and your mortgage being closed.

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

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Home Mortgage For Business Owners & Self-Employed

Refinances Slow to Close? Not With Us

Refinances Slow to Close? Not With Us

With the massive run on mortgage refinances happening right now, many banks and mortgage companies are feeling the crunch.  Since many pundits predicted slow seasons for purchases and refinances, lots of smaller firms cut back on their staffs this year.

“Small and midsize U.S. mortgage firms,” said The Wall Street Journal in November, “are trimming staff, putting themselves up for sale and closing up shop at a clip not seen in years, a sign of the mounting pressure on the housing market as interest rates rise and a long economic expansion matures.”

The issue is that mortgage rates never really rose this year, and have continued to hover near record lows, surprising many industry analysts, with predictions off as much as 2% on mortgage interest rates.  That’s a huge number and saves you a ton of money.

With fewer loan officers available to help you, wait times will explode at many banks and mortgage companies if this doesn’t change. 

However, we didn’t panic when rates threatened to rise.  Instead of furloughs and layoffs, we doubled down and hired more staff.  We promoted from within to create new loan officers that understand the business from the top down. 

This has allowed us to not only keep up with the demand for refinances, but grow our team to grow and handle more volume as the year goes on.  The same volume that has sent banks scrambling lets us close a loan in as little as 14 days.

Our 5-Minute loan application has been a huge help there as well.  Since you can now load all of your documents online, there are fewer roadblocks to your application being approved and your mortgage being closed.

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.