Elizabeth Rankin Rice- Senior Loan Officer-

Tuesday Mortgage Tip! 💸🏡

In the process of buying a home, securing homeowners insurance is a crucial step. Getting quotes early helps you understand the affordability of your purchase and ensures a smooth buying experience.

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Happy Monday Everyone! 🥳😁

🏡Who is ready to start shopping for their dream home? 🏡

🚨REMINDER: The first step is getting a pre-approval, and I’m here to help! As a dedicated loan officer, I can guide you through the process and get your pre-approval ready today.

Reach out to me by email, call, or text to get started.

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444
Email: [email protected]

Let’s make your home buying journey smooth and successful! 🏠✨

🚨Exciting News! Mortgage rates are dropping! 📉😆

If you’re thinking about buying a home 🏠, now is the perfect time. ⏰
Call me first to get pre-approved and explore the best loan options for you. 😁

📞 Let’s make your dream home a reality! 🏡✨

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

💸Mortgage Tip Tuesday:

2️⃣ TYPES OF NON-EMPLOYMENT INCOME

1. CAPITAL GAINS
You'll need tax returns for the most recent two years, including Schedule D which reports Capital Gains.

2. INTEREST & DIVIDENDS
You'll need tax returns for the most recent two years and account statements to source the assets.

3. NOTES RECEIVABLES
Copy of note contirming payments for the next three years and payments from this note have been received for 12 months.

4. ROYALTY INCOME
Contract or agreement confirming the amount, frequency, and income duration and 12 months proof of payments received.

5. ASSET DEPLETION
When a lender agrees to use assets as a source of income. Most use assets divided by 360. We can use a better calculation than other lenders.

For more details 📲 Call me!

We can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

I can get you pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Can we build it? 🏠 Yes we can❗️
👷‍♀️🚧🚜

Why Our Builders 👷‍♀️ love working with Cadence 🏦 Bank ⬇️ …

▪️One time close ⚠️ construction
▪️ Great 👍 Loan to Value
▪️No PMI (private mortgage insurance) 🙅‍♀️
▪️No escrows 💰required‼️

Start building today!! 🏡👷⚒️

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

💸Mortgage Tip Tuesday:
🤔 Deciding whether to include a spouse on a home loan is a significant financial decision…🏡💰
Factors such as
* Increased borrowing power
* Shared responsibility
* Potential estate planning
Benefits can outweigh risk like…
* Lower credit scores
* Higher debt
* Potential divorce complications

If you are considering buying a home and have questions on whether or not you should include your spouse on the loan
📲 Call me!

We can discuss the options and determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

I can get you pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

💸Mortgage Tip Tuesday:
What is a Fixed Interest Rate Loan?
A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate.

For more details 📲 Call me!

We can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

I can get you pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

HURRICANE BERYL RELIEF EFFORTS 🙏🏻❤️

Hurricane Beryl brought widespread damage and power outages across the Houston metro area and East Texas. Our heartfelt thoughts are with our customers, teammates, friends and neighbors who have been impacted by this storm.
As you begin to rebuild, we want to offer immediate assistance to you.

Here are some ways we are helping customers in designated areas:

* Refund of non-Cadence Bank ATM fees for customers in impacted counties, upon request (Note: Cadence Bank does not charge ATM fees for customers using in-network ATMs.)
* Refund of overdraft fees for customers in impacted counties, upon request
* Waiver of CD withdrawal penalties for customers in impacted counties, upon request
* Waiver of late fees for mortgage, credit card, business and auto loans for customers in impacted counties, as needed
* Restructure of payments on loans for impacted borrowers, as needed s
* Commitment of resources and community service by Cadence Bank and its teammates throughout the recovery period

WISHING YOU STRENGTH AND RESILIENCE DURING THESE CHALLENGING TIMES.

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

How are my Houston friends and family doing today after Beryl?

Tuesday Tip:😊
PSA🚨 Save these 4 Houston Hurricane Websites to reference before, during and after a hurricane‼️🌀⛈️

-Emergency Information
http://www.readyharris.org

-Real-time Rainfall and Flood Information
http://www.harriscountyfws.org

-Weather Information and Forecasts
https://www.weather.gov/hgx/

-National Hurricane Center Forecasts
https://www.nhc.noaa.gov/

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

💸Mortgage Tip Tuesday: What is a FICO score? 🤑
Your FICO score is a number typically on a 300 to 850 range used by lenders to determine your ability to pay back borrowed debt. Payment history and amounts owed are the two biggest factors that impact your FICO score. 🏦💰

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

I can get you pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Cheering on our Houston Astros and ready to 'go to bat' for your mortgage needs! ⚾️🏠 Let's hit a home run together with your dream home! 🌟

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

Mortgage Tip Tuesday! 💸🤑

What is a Mortgage Escrow Account?

A mortgage escrow account is an arrangement with your mortgage lender to ensure payment of your property tax bill, homeowners insurance and if needed, private mortgage insurance.
Get pre-approved today!

📲Apply today with the link in my bio!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

💸Mortgage Tip Tuesday:
To lower your mortgage payment without refinancing, tell your lender you want to recast your mortgage. A recast is when you make a lump sum payment towards the balance on your loan. Your lender will re-amortize your mortgage lowering your monthly payment.

For more details 📲 Call me!

We can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

I can get you pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Memorial Day. 🇺🇸
A time to remember the sacrifices of our fallen heroes, and to honor those who continue to serve. ❤️💙
My grandma called today ‘Decoration Day.’ You decorate the graves of those you lost🌹 A simple act of remembrance that carries a powerful message. 🙏🏻

“Land of the free, because of the brave.”

"

💸Mortgage Tip Tuesday:
‼️ FACTORS THAT IMPACT INTEREST RATES ‼️

👉 Credit score 📈📉
👉 Loan loan amount 💰💵
👉 Down payment amount ⬇️🫱
👉 Property type 🏠🏭🏘️🌆🏚️
primary residence | second home |investment | single family | condominium | multi family

For more details 📲 Call me!

We can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

I can get you pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Tuesday Tip😊
PSA🚨 Save these 4 Houston Hurricane Websites to reference before and during a hurricane‼️🌀⛈️

-Emergency Information
http://www.readyharris.org

-Real-time Rainfall and Flood Information
http://www.harriscountyfws.org

-Weather Information and Forecasts
https://www.weather.gov/hgx/

-National Hurricane Center Forecasts
https://www.nhc.noaa.gov/

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Looking for some new builders to help built with Cadence Bank’s amazing construction loan options! 👷‍♀️🚧🚜

Why Our Builders 👷‍♀️ love working with Cadence 🏦 Bank ⬇️ …

▪️One time close ⚠️ construction
▪️ Great 👍 Loan to Value
▪️No PMI (private mortgage insurance) 🙅‍♀️
▪️No escrows 💰required‼️

Start building today!! 🏡👷⚒️

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Elizabeth Rankin Rice- Senior Loan Officer- I provide options in financing your home 🏠 } ❤️ NMLS #497326 Cadence Bank #410279

Tuesday Mortgage Tip 🏡💸

* Do you need 20% down to avoid PMI (private mortgage insurance)?
-Not necessarily!

* Do you need 20% down for a jumbo loan?
-Not necessarily!

📱Call me! I am here to help assist you in finding a mortgage solution that aligns with your financial goals❗️💵💰

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

🍑 Peach-er Perfect! 🤩📸
My peaches were soaking up the gorgeous Texas sunshine 🌞 yesterday on Earth Day! 🌏 Feeling grateful for our beautiful state and committed to helping you find your piece of the Texas dream. 🏡🌅 Let's chat about your home financing goals!

Cadence Bank has options.! Send me a DM to share a few with you - I an always here to help!

♥️

📲 Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Helping Houston achieve their homeownership goals! 🏠♥️

What a week!!! 🥳 I celebrated several closings, including a first-time homebuyer under our physician program👨‍⚕️🩺 that offers 100% financing, No PMI, and NO ESCROW required!! I was able to secure 🔒several new referrals that I am looking forward to working with.😁 I also guided a client through Cadence Bank’s 🏦convenient one-time-close construction 🦺 loan and helped them purchase their lot. 🤝

In addition to all the above ⬆️ I have been working on several fun 🤪 and informative 🧠 marketing events! Stay tuned!!

Cheers! To a very busy but balanced week!
🥂🧘🍻⚖️

Cadence Bank has options.! Send me a DM to share a few with you - I am always here to help! ♥️

📲 Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

💸Mortgage Tip Tuesday: The 3️⃣ P’s of Mortgage Lending❗️

* Pre-Approval: Review credit💳, job history 🧑‍💻👩‍💻, assets🏡 & income💸.

• Product: Determine which loan program works for you. 💰
(O down, 100% loan to value jumbo money, no private mortgage insurance)

• Price: What can you afford, determine your max buying power early on.💵💪

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Happy Solar Eclipse Day!!! 🌝🌚
Seeing the solar eclipse without proper glasses? Blurry! Getting a mortgage without me? Blurrier! Let’s bring everything into focus!

🌖🌘🌘🌑🌒🌓🌔

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

☀️Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Don't forget to set your reminder for the total solar eclipse this Monday! ☀️ This celestial spectacle occurs when the moon completely covers the sun, turning day into an eerie twilight.

Here are some cool facts:

* It's the first total solar eclipse visible in the continental US since 2017.

* Totality, the complete darkness during the eclipse, will only be visible along a narrow path across the country.

Remember, never look directly at the sun during an eclipse, even for a moment. Use special eclipse glasses to safely view the event. ️

☀️Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

You’re clear to close!” Those are the magic words every mortgage applicant longs to hear after weeks of waiting, providing documents, making phone calls and answering emails.

But what happens after you get that good news? How long until you get the keys to your new home, pay off your old mortgage or get that bank deposit from your cash-out refinance?

Several things will happen over the next few days once you’re cleared to close on the loan.

-Receive and Review Your Initial Closing Disclosure
-Once your loan officer tells you that you’re clear to close, you can expect them to prepare your initial closing disclosure and send it to you. Your initial closing disclosure shows the key details of the transaction, including your mortgage rate and term, loan type, closing costs and the amount of cash needed to close.
-By law, you must receive your initial closing disclosure three business days before signing your loan paperwork. A business day is any day except Sundays and national holidays.

Next
-Review Wire Transfer Instructions
-Do a final walkthrough
-Sign your loan Documents
-initiate Funding
-File Legal Documents
- GET KEYS 🔑🔐
-Settle the Loan.
-enjoy your new home!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

Houston… It’s officially the 2024 Astros season!
😆🧡⚾️🤘🏟️💙
Did you know ….
Before every home game at Minute Maid Park, the Astros and visiting team takes batting practice. You can bring a glove and catch some fly balls from your favorite Astros player! Show up at least 2 hours and 25 minutes before game time to watch! This is also the time when players often interact with fans and give autographs before preparing for the game!! ⚾️🤩

Who else is excited to watch some baseball?

Let’s Go STROS❗️⚾️👏🏻

💸Mortgage Tip Tuesday: Condominium Financing

Buying a condo can be more convoluted than buying a single-family home, as you’re purchasing a piece of a community that has a unique set of rules and fees. The condo mortgage process can also get complicated — Make sure you are working with an experienced lender, like myself, 🙋🏼‍♀️ who knows how to navigate a condominium contract and will consider both your finances and the finances of the condominium community.

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043

💸Mortgage Tip Tuesday: 5 Documents You Need To Give Your Lender To Get Pre-Approved!

1. W2 Forms
2. Bank Statements
3. Pay Stubs
4. Tax Returns
5. List of Monthly Debt

📲 Call me so we can determine your purchasing range BEFORE you start shopping. I am here to help assist you in finding a mortgage solution that aligns with your financial goals!

Call me to get pre-approved today!

Elizabeth Rankin Rice
Mortgage Loan Officer
NMLS ID #497326
CELL: 713-875-6444

📍10100 Katy Freeway, Ste 150
Houston, TX 77043