Shirley Hou

NMLS # 969832

832-437-4191

sc@katymtg.com

Shirley Hou

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Can You Get a Loan to Buy an AirBnB?

Can You Get a Loan to Buy an AirBnB?

Renting out privately-owned properties has become the preferred style of accommodations for many travelers today. Sites like AirBnB and VRBO allow property owners to list their condos, houses, and cabins to tourists looking for a different experience from

Mar 09, 2022 |

What an 18% Jump in 2022 Conforming Loan Limits Means for Me

What an 18% Jump in 2022 Conforming Loan Limits Means for Me

Recently, the Federal Housing Finance Agency announced changes to the conforming loan limits for 2022. And they are increasing 18% from 2021, the largest yearly increase on record. The new loan limit for conforming loans, which can be bought by Fannie Mae

Mar 02, 2022 |

How Long Should You Keep Your Mortgage Papers?

How Long Should You Keep Your Mortgage Papers?

The time of year is often a time for decluttering and organizing the home for a fresh start. As you sort through your file cabinet and see how much room all your mortgage documents take up, you may wonder how long you need to hold on to all that paperwork

Feb 23, 2022 |

One Extra Mortgage Payment a Year Can Add Up to Big Savings

One Extra Mortgage Payment a Year Can Add Up to Big Savings

When you bought your home, you (hopefully) qualified for a mortgage that you could afford and if you stay on top of it monthly, you’ll own your home free and clear in 30 years (or less, depending on your loan terms.) Making extra payments may not even hav

Feb 16, 2022 | Refinancing a Home

Who Owns My House: Me or My Mortgage Lender?

Who Owns My House: Me or My Mortgage Lender?

The standard home buying process follows this formula: you find the right property, you go under contract to buy it, you get approved for a mortgage loan, the lender lends you enough money to buy the home, you sign papers, and you move into your new house

Feb 09, 2022 | Purchasing a Home

5 Reasons You Might Want a Non-Conforming Mortgage Loan

5 Reasons You Might Want a Non-Conforming Mortgage Loan

When you apply for a home mortgage, lenders will check your credit score, income, assets, and debt. All of this will get factored into an algorithm to figure out if you are credit-worthy enough to be granted a loan. Most of the standards used by lenders a

Feb 02, 2022 | Purchasing a Home

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