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Expertise
I can answer any question regarding Mortgage loans for Purchase or Refinance. I currently work as a Mortgage Banker in Dallas, TX and have experience as a Mortgage Broker. The favorite part of my job is helping First Time Home Buyers. I also consider myself an expert of Credit and Credit Qualifying for a home loan. Many of my loans are the result of showing clients how to credit qualify for a loan after they were denied in the past. We do FHA, VA, Conventional & Subprime Financing. I have extensive experience in Investor Loans as well. I will NOT answer questions about 'getting around guidelines', ect. Or if I sense that you are trying to call your 'investment' property a primary residence, I will reject the question. I will ALWAYS err on the side of caution if I sense that the question is fraudulent in nature.
Experience in the area
4 years experience as a Mortgage Broker and as a Mortgage Banker
Education/Credentials
Mortgage Professionals in Texas are required to take many ethics courses and other industry training to satisfy State mandated continuing education requirements.
Site Owner of DallasLoanGuy.com which has lots of free mortgage info for the First Time Homebuyer and Veteran Homebuyer as well.
What do you like about this subject?
I love helping First Time Home Buyers.
What do you still hope to achieve/learn in this field?
Everything!!
Something interesting about this subject that others may not know:
It is a LOT easier to qualify for a home loan than you think!
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response T = Timeliness P = Politeness| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Linda | 10/19/09 | 10 | 10 | 10 | 10 | Thank you! I appreciate your help! |
| Sarah | 10/08/09 | 10 | 10 | 10 | 10 | Super fast response!! Thank you! (To answer ..... |
| Gary | 09/08/09 | 10 | 10 | 10 | 10 | |
| Jim | 09/04/09 | 10 | 10 | 10 | 10 | Unbelievably quick answer and extremely helpful. The ..... |
| Angela | 09/04/09 | 10 | 10 | 10 | 10 | Thanks. |
Recent Answers from Tom Burris
2009-11-11 Re-fi with CMT index:
My opinion? The index is at an all time low. <= can only go up!!! http://mortgage-x.com/general/indexes/cmt.asp After the inflation kicks in from all of this spending congress is doing, rates will go
2009-10-22 special warranty assumption deed:
The deeds will contain lien information. If the lender doesn't know about this then they may not like it!! They could call the note due at anytime. An assumption has to be underwritten by the bank
2009-09-23 Past due taxes/mortgage refinance:
You very well may be fine if you can prove payments. I have seen it done. I don't think any of the changes have directly affected this issue. It was and still is a judgment call by the underwriter
2009-09-04 Traditional loan vs Equity Loan:
No idea why they would code the loan an equity loan for reporting. There is no advantage for them to do so. Interest accrues the same on both loans. Paying extra interest? Well, they are technically
2009-09-03 Owner Occupied Loan:
Well, you are going to have to have someone look over your paperwork. Not sure what FTHB program you are talking about..... Lenders usually don't have anything in the language about 3yrs. This must have
This topic answers questions related to purchasing a home, owning a home, home ownership, mortgage education, mortgage applications, and mortgage needs whether buying a first home or refinancing a current loan. Issues related to home ownership, home equity, mortgage education, refinacing options, home improvment finacing, first time home loans, home equity loans, vactation home loans, and mortgages for investment homes are dealt with here also. Though not the primary focus of this topic, Home Equity Lines of Credits (HELOCS), reverse mortgages, and calculating home equity may also be asked. If you do not see your home mortgae, home finacing, or home equity question answered in this area then please ask a question here
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