Sheri Davis Your Texas Mortgage Lender

Today, we recognize the courageous heroes who sacrificed their lives to protect our country and freedom.
Thank you to everyone who has served our country, past, present, and future.

Military Appreciation ❤️🤍💙
Thankful for your sacrifice & Service to our country!

Wondering if it is a buyers or seller market? The answer isn't usually a one size fits all answer.



https://realestate.usnews.com/real-estate/articles/buyers-or-sellers-market

Do you know a renter wanting to buy a home in the future? It is the American Dream, right? But so many don't think it's in the cards for them or hear all the reasons why not to buy. From the common topic of interest rates today, to the responsibility that comes with home ownership. It's understandable why embarking on the journey as a first-time buyer can be a daunting task to many. They aren't confident about when to make such a big move. Talking with Real Estate & Mortgage professionals can help answer some of your big questions and concerns. We want you well versed and to have the tools and knowledge you need to make the best decision for you.

Click on the image to read the full article.

www.listreports.com

Happy Friday! And what a beautiful day it is!!!☀️

🇺🇸 in Honor of Red Friday let’s talk VA loans.

Did you know that VA loans offer unique benefits for veterans and active-duty service members, making home ownership more accessible? I want to highlight some of those benefits for you or your loved ones!

VA loans are among the best options for eligible service members and veterans for several reasons:

* No Down Payment: One of the most significant benefits is that VA loans often require no down payment, making homeownership more accessible, especially for those who may not have saved up a large sum for a down payment. Or who would rather use their savings towards other bills, investments, future expenses like college, etc.

* Lower Interest Rates: VA loans typically offer competitive interest rates compared to conventional loans, potentially saving borrowers money over the life of the loan. And who doesn’t want this?

* No Private Mortgage Insurance (PMI): Since VA loans are backed by the Department of Veterans Affairs, borrowers are not required to pay private mortgage insurance, further reducing monthly mortgage payments. This is huge! Mortgage insurance is a big added expenses on top of your principal and interest.

* Flexible Credit Requirements: VA loans tend to have more flexible credit requirements compared to conventional loans, making it easier for borrowers with less-than-perfect credit to qualify.

Overall, VA loans offer significant financial advantages and flexibility, making them an excellent option for eligible service members and veterans looking to achieve homeownership.

I believe that those who serve actively or veterans that served our country deserve the ability to achieve homeownership!
Will you share with someone who may benefit from hearing more about VA loans?

Hope you all have the best weekend!

What's Your "Blended" Rate?
Feeling “locked-in” by your low existing mortgage rate? If you're carrying large, higher interest debt balances (credit cards or car loans), your "blended" rate may be much higher than you realize. You might even have the opportunity to buy a new home, consolidate your debt with a slightly larger loan, and end up with a lower monthly payment! Ask me about my blended rate calculator and I’ll walk you through your options!

Fairway is proud to serve our veterans! Join us in giving back.
https://AmericanWarriorInitiative.com/



https://www.fairwayindependentmc.com/lo/sheri-davis-1772345

Curious about buying? I can help!

Let's make a splash on your house hunt! 🏡🐸 Start by getting preapproved for your mortgage—it's the jump that sets you on the path to your dream home. Hop to it and message me today to begin your journey!

www.listreports.com

Bertram, Tx, Heart of the Hill Country and low taxes! An adorable home!

There is definitely some things being spread about the real estate industry and it has been a bit misleading and is obviously confusing for consumers. Here is simple breakdown for those interested.

If you have questions about what this means & you are considering buying or selling please reach out. I’m happy to help!


Thank you Susan Ledesma
and Carmen Nichols for sharing!

Real estate pro says don't believe National Association of Realtors settlement myths The deal will not render transacting real estate almost free, protect consumers or make homeownership affordable once again, he writes.

Real Estate Agents, Join Fairway as we discuss the NAR settlement and market updates with Barry Habib, CEO of MBS Highway. You don't want to miss this valuable information.


Wednesday, March 27th
12 p.m. CST/1 p.m. EST

Register here: bit.ly/4amsvPZ

https://www.fairwayindependentmc.com/lo/sheri-davis-1772345

Real Estate Professionals, Help STOP Trigger Leads!!!
Do you know someone who has applied for a Mortgage with their local trusted Mortgage professional, only to then get sometimes 100's of calls soliciting them within hours of applying? It is because the 3 Credit Reporting Agencies (CRA) are selling the applicants information.
You can easily Join MAA at the link below and then message your Local Representative and Senators to help put a stop to this nonsense.

From MAA:
In an industry that employs more than 300,000 people in virtually every community in the country, everyone deserves a say. Through the Mortgage Action Alliance (MAA), we give all real estate professionals a platform and a voice. It's time to use it to help shape policies and be part of building the next era of real estate finance. Signing up is free and quick!

A consumer reporting agency (CRA) would not be able to furnish a trigger lead to a third party unless: (1) the third party certifies to the CRA that the consumer has authorized the solicitations; OR (2) the third party certifies it has originated the consumer's current residential mortgage loan, is the servicer of the consumer's current residential mortgage loan, or is an insured depository institution or insured credit union and holds a deposit account for the consumer to whom the consumer report relates. In short, the bill targets widespread abusive trigger lead practices while preserving the legitimate use of these leads in a narrow set of market-based circumstances.

"As a real estate finance professional living in your state and serving consumers there, I am writing to ask you to cosponsor S. 3502, a bipartisan bill introduced late last year by Senators Reed and Hagerty to curb the inappropriate use of mortgage credit “trigger leads” – while preserving existing customer relationships.
A trigger lead is a marketing product utilized when a consumer applies for a mortgage (purchase or refi). The credit report inquiry by the lender is a “trigger” that notifies the credit reporting agency (CRA) that individual is interested in applying for home financing. This trigger lead is then sold by the CRA to data brokers (including other lenders) without the consumer's knowledge or approval. Consumers may then be bombarded with other mortgage offers – via phone, text, or mail – by these other parties that have purchased the leads.
Under the Fair Credit Reporting Act (FCRA), the CRAs are permitted by law to resell consumer information to prospective creditors without the consumer’s permission, if the prospective creditor is prepared to make that consumer a "firm offer of credit." Today, however, many entities buy trigger leads as soon as a customer applies for a mortgage and pepper those applicants with hundreds of calls that can confuse consumers and seek to lure them away from their chosen lenders. These calls can be overwhelming and invasive in their volume and result in consumer confusion and frustration.
A consumer reporting agency (CRA) would not be able to furnish a trigger lead to a third party unless the third party certifies to the CRA that the consumer has authorized the solicitations or the third party certifies it has originated the consumer's current residential mortgage loan, is the servicer of the consumer's current residential mortgage loan, or is an insured depository institution or insured credit union and holds a deposit account for the consumer to whom the consumer report relates.
In short, the bill targets abusive trigger lead practices while preserving the legitimate use of these leads by those well positioned to make a firm offer of credit as required by statute in a narrow set of market-based circumstances. For these reasons, I am asking you to please co-sponsor S. 3502.
Thank you for your consideration of this request. I look forward to your response."

Tell Your U.S. Representatives and Senators: Co-Sponsor MBA-Supported “Trigger Leads” Legislation On February 7, Congressmen John Rose (R-TN) and Ritchie Torres (D-NY) introduced H.R. 7297, the Homebuyers Privacy Protection Act of 2024. This legislation – which is identical to S. 3502, as introduced by Senators Jack Reed (D-RI) and Bill Hagerty...

This sweet young family will be in their first home before we know it and they are over the moon! With the help of an incredible agent, they found their perfect home in Houston!

Reach out today to get started on your home-buying journey!

https://www.fairwayindependentmc.com/lo/sheri-davis-1772345

Is owning a home on your goal list this year? You might be able to achieve homeownership with the help of your tax refund money! Reach out today to learn more.

Use Your Tax Refund for a New Home 1391704

2024 May just be your year to buy!
Click on the image to read the full article.

www.listreports.com

Why Fairway? Here’s one of the many reasons! We take care of our people, from the top down!

Embracing the hustle and spreading good vibes from the office today! 🌞
As a local mortgage lender, I'm on a mission to bring positivity and empowerment to your homebuying journey.

💲7,000 IN FREE Money ➕ more in Credits 🆓
It may sound too good to be true but keep reading!

🆕 I am so excited to announce our new program called Fairway Community Access️™️.
This is a Pilot Program through Fannie Mae AND my local branch is one of the few who have the ability to now offer it! ✅

Our Community Access program provides eligible first-time homebuyers, who currently live in an eligible census tract in an approved MSA📌, high LTV (loan-to-value ratio) purchase financing through Fannie Mae with the below listed features❗️

As with any Pilot Program once the funds set aside for the grant are exhausted, this will no longer be available. If you or someone you know may be interested, I suggest acting quick!

☎️512-216-9501

Who wouldn't want to close on your new home in December and not have your first payment until the Spring?!?!
I can help!

Thankful for all the great memories and good people who came into my life. Thank you for being part of it! Happy Thanksgiving to you and your loved ones!

🗞️🗞️🗞️Did you know🗞️🗞️🗞️
Credit tracking apps like Credit Karma & Credit Sesame don’t show your true Fico Scores?!?!

Rather, they show a VantageScore model.

However, the app, “My FICO” does show all the different FICO scores.
They can be close but they can also differ by quite a bit.

In this scenario a borrower who has 3 apps screenshot them for me today & allowed me to use it for this example. In theirs it has the FICO being higher than the Vantage. That isn’t usually the case.

What a nice surprise for them! We love good news like this!

Wanting to buy a home but worried about your credit? I have resources to help you! If it is 580 or higher, you may be able to buy now.

Helping our customers achieve homeownership is our why and we work every day to ensure that they receive the best level of care.

An accomplishment this great would not have been possible without our amazing customers!

2023 J.D. Power Award #1 Customer Satisfaction - Customer This is "2023 J.D. Power Award #1 Customer Satisfaction - Customer" by Fairway IMC on Vimeo, the home for high quality videos and the people who love them.

Fairway was named the 2nd Most Loved Workplace in America by Newsweek! This is big news! When working with a mortgage lender for one of the biggest purchases of your life, you want someone who is backed by the best around! That's us, that's
https://www.newsweek.com/rankings/most-loved-workplaces-america-2023