TIPS

Name: LDPO
Address: 1250 S. Capital Of Texas Hwy, Bldg. 1, Ste, 101, Austin, Texas 78746

Data can be entered in any field that is highlighted green.
Click on the County field to select from the drop-down list. The full list of counties served is on the right side of the spreadsheet.
Enter the sales price, annual tax and estimated insurance premium for a specific property, or use a projected price and estimated annual tax and insurance premium to compare the Low Down Payment Options.
If the potential property has an HOA, enter the monthly fee. Enter the HOA transfer fee, or if unknown, use $250 as an estimate.
The maximum loan amount, income limitations and homeowner’s insurance rates can vary by county. This spreadsheet will be updated as those numbers change.
USDA home loans are for "semi-rural" properties outside of urban areas. The web site link to confirm that a specific property is eligible is in the lower right section of the spreadsheet. Double-click on the map several times to enlarge it and see all the towns that are eligible.
The credit score rating number will have a significant impact on interest rate, mortgage insurance premium and program eligibility.
To estimate an amount for Seller Contribution, add the Total Closing Costs and Pre-Paids amounts and round down to the nearest $1000.
Average Mortgage Rates are updated each Tuesday and Friday.

If you have any questions about how to use this Options Spreadsheet, or for pre-qualifying a buyer please give me a call at (512) 663-4744.

PLEASE CONTACT ME FOR MORE DETAILS ON ALL LOAN OPTIONS