Mortgage Loans in Texas - FHA, VA, USDA, Conventional & More 
 
​

Wichita Falls Housing Market: What’s Actually Happening Are Wichita Falls home prices going up, down, or holding steady? National headlines rarely answer that question for our community. Real estate is local, so this quarterly update focuses on the numbers that matter right here, and what they could mean if you’re thinking about buying. The Four Numbers That Actually Matter Here is the Wichita Falls market snapshot as of September 2026: Metric Wichita Falls Median sale price

Fixed-Rate vs. Adjustable-Rate Mortgages: An Amarillo Buyer’s Guide Adjustable-rate mortgages (ARMs) got a bad reputation during the 2008 housing crisis. Today’s ARMs work very differently, and for the right buyer they can make sense. Here is an honest comparison of fixed-rate and adjustable-rate mortgages, with no bias toward either. By Kris Anderson, BOC Bank | NMLS# 1201276 Prefer to watch? This post is based on my video guide, “Fixed-Rate vs. Adjustable-Rate Mortgages: An

If you’re self-employed, or you’re looking at homes above the standard conforming loan amount in DFW, you’ve probably heard “it’s more complicated for you.” That’s only half true. I’m Kris Anderson with BOC Bank, and this post covers jumbo and non-QM loans, the options built for exactly these situations. What Makes a Loan “Jumbo”? Conventional loans have a maximum amount called the conforming loan limit. It is set annually and can vary by county. Once your loan amount exceeds

If you've served, or you're a military spouse, the VA loan is one of the strongest home-buying benefits available to you. With Sheppard Air Force Base anchoring so much of the Wichita Falls community, it's a program every local veteran and military family should understand. I'm Kris Anderson with BOC Bank. Here's the complete VA loan breakdown. What Makes VA Loans Different? VA loans are backed by the U.S. Department of Veterans Affairs. They're generally available to eligibl

FHA or Conventional? Why There's No One-Size-Fits-All Answer FHA or conventional — it's probably the most common either-or question I get from first-time buyers. The honest answer: it depends on your specific numbers, not a blanket rule. I'm Kris Anderson with BOC Bank, and today I'm walking through the actual factors that decide it. The Core Differences Between FHA and Conventional Loans Conventional loans aren't government-insured. They follow guidelines set by Fannie Mae a

Can You Stack Assistance Programs and Gift Funds? Usually — If You Do It Right Can you use a state down payment assistance grant and have your parents help with the down payment and still make the numbers work? Often, yes. But get the order wrong, and you can actually delay your own closing. I'm Kris Anderson with BOC Bank, and this is the question I get more than almost any other from buyers across Dallas-Fort Worth. Here's how to stack these pieces correctly — and where mos

Have you ever found the perfect home only to realize your down payment savings weren't quite where they needed to be? You're not alone. One of the biggest obstacles for Texas homebuyers isn't qualifying for the mortgage itself. It's coming up with enough money for the down payment and closing costs. That's where two important Texas programs may be able to help: TSAHC and TDHCA. The surprising part? Most homebuyers have never even heard of them. Before you assume you need year

FHA loans are probably the most talked-about mortgage program for first-time buyers — and also one of the most misunderstood. Below is a no-fluff breakdown of what an FHA loan actually is, what it costs, who it tends to work well for, and how it plays out for buyers here in Wichita Falls. What Makes an FHA Loan Different FHA loans are backed by the Federal Housing Administration. That doesn't mean the government insures the loan for you — it means the government insures part

If saving up a down payment is the one thing standing between you and buying a home, here's something worth knowing: Texas has multiple programs built specifically to help with that — and most buyers have never even heard of them. I'm Kris Anderson with BOC Bank, and this guide walks through Texas down payment assistance in plain English, with a look at what it means for buyers here in Amarillo. The Two Basic Types of Down Payment Assistance Down payment assistance generally

"My rent is already this high — wouldn't a mortgage payment be about the same?" If you've done that math in your head and then quietly shelved it because it felt too complicated to actually figure out, you're not alone. It's one of the most common thoughts renters in DFW have — and one of the least often followed through on. So let's actually follow through on it. Not a sales pitch for buying. Just an honest look at what renting and buying really cost, what they really build,

The House You Lost Wasn't About Price Here's a scenario that plays out often: a buyer finds the house they love, submits an offer, and loses it — not because their offer was too low, but because another buyer had already been pre-approved and they hadn't. In today's Waco market, that single detail can decide who gets the keys. I'm Kris Anderson, a mortgage loan officer with BOC Bank, and below is a step-by-step look at pre-approval: what it actually means, what you'll need to

If you've ever typed "how much house can I afford" into Google, you already know the internet is full of quick answers: multiply your salary by three. Multiply it by five. Use this calculator. Use that rule of thumb. Here's the problem — none of that is how lenders actually calculate your number. I'm Kris Anderson, a mortgage loan officer with BOC Bank, and I talk to Wichita Falls buyers about this almost every single day. So let's skip the guesswork and walk through the real

If you've ever pulled up Zillow, looked at a listing, done the math in your head, and thought "there's no way I qualify for that," you're not alone — and there's a good chance you're wrong. I'm Kris Anderson, a mortgage loan officer with BOC Bank, and I work with buyers across Texas. But today I want to talk specifically to my neighbors here in Amarillo, because the truth is, most people who think they're not ready to buy a home are only missing three pieces of information: c

Discover what to expect from Dallas home loan interest rates in 2024. Learn about market trends, factors influencing rates, and expert tips.

Discover the top Dallas home equity loan providers, their benefits, loan options, and how to choose the best provider for your needs.

Explore Dallas home loan programs. Learn about types of loans, benefits, eligibility, and tips for securing the best mortgage in Dallas.

Discover Texas homebuyer loan assistance programs and secure funding for your dream home with our comprehensive guide.

Discover comprehensive Dallas first-time homebuyer programs, benefits, eligibility, and steps to secure your dream home in Dallas.

Explore the Texas mortgage pre-approval process, its benefits, application steps, required documents, and tips for a seamless experience.

Discover top Texas home loan options for first-time buyers. Learn about FHA, VA, USDA loans, and more to make informed decisions.