Service First Blog

You just purchased the home of your dreams. Now what? Preparing for home maintenance issues that may arise in the future is a smart next step. Freddie Mac shares the following tips for preparing for home maintenance issues: Set aside time and money. You will need money for regular mainte...[read more...]

Categories:   industry news


Today's Homebuyers: By the Numbers

Posted by:  Service First
2015-11-23 11:23:30

Ever wonder how you compare to the average homebuyer? The National Association of Realtors recently shared statistics regarding everything from how much the average homebuyer pays for a home to how long they stay in the home. Check out the statistics below! 64% P...[read more...]

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We were recently honored to receive the award for #4 Top Place to Work in DFW among Midsize Companies from the Dallas Morning News. Every spring, the newspaper solicits nominations for the Top 100 Places to Work. Anyone can nominate a company and at least 35 percent of a firm’s employees mu...[read more...]

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Advantages of Buying a Home in the Winter

Posted by:  Service First
2015-11-11 13:17:43

Interested in buying a home? Now is as good a time as ever! According to Realtor.com, if you are ready to buy a home, it’s worth exploring the inventory this winter in order to avoid the crowds of homebuyers in the market this upcoming spring season. Choosing to buy now versus later will...[read more...]

Categories:   industry news


Service First Mortgage is supporting veterans with their Keys 4 Vets Campaign which assists the Military Warriors Support Foundation in placing combat wounded veterans in mortgage-free homes donated by their bank partners. By choosing Service First Mortgage for your VA home loan, they will donate $2...[read more...]

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If you’re interested in buying a home in Dallas, now is the time. According to data collected by Realtor.com, homes are becoming more affordable as the fall season approaches, and Dallas (#2) ranks among one of the hottest markets in the country. “The residential real estate market...[read more...]

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Although the inventory of foreclosed homes is shrinking, opportunities for real estate investment abound, especially in the Lone Star State. According to a recent report released by HomeVestors and the Local Market Monitor, Texas cities including Dallas (#2), Houston (#3), Austin (#4) and San Ant...[read more...]

Categories:   industry news


According to a recent study, millennials between the ages of 25 and 34 are dominating the first-time homebuyer market at a rate of 65 percent. The data from the National Association of Realtors 2015 Homebuyer and Seller Generational Trends report, illustrates that millennials are thwarting their ...[read more...]

Categories:   industry news


According to a recent study conducted by Fannie Mae, consumer spending and other domestic fundamentals will be key drivers of economic growth in the second half of 2015, despite recent volatility. “Our forecast for the year is largely unchanged despite recent market volatility. Fundamentals...[read more...]

Categories:   industry news


The results of a recent housing market index suggest home builders’ confidence in the market for newly constructed single-family homes is rising. The housing market index released by the National Association of Home Builders (NAHB) shows that builder confidence in the home market for newly ...[read more...]

Categories:   industry news


Are you a prospective homebuyer worried about rising home prices? You’re not alone. According to a recent survey conducted by the Redfin Research Center, prospective homebuyers identified affordability as their top concern when buying a home. This result may be driven in part by the fact...[read more...]

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Housing Markets Improve Nationwide

Posted by:  Service First
2015-08-31 07:56:26

The United States is experiencing improvements in housing markets across the country. According to the latest Multi-Indicator Market Index (MiMi) released by Freddie Mac, the national housing index rose to 80.3 at the end of June, a 5.41 percent increase from the previous year. This indicates tha...[read more...]

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Interested in buying a home? You’re not alone. According to a recent survey conducted for the 2015 BMO Harris Bank Homebuyers Report, approximately 52 percent of Americans say they are likely to purchase a home in the next five years. The survey also found more than 75 percent of prospec...[read more...]

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Think falling oil prices may negatively impact the Texas housing market? Think again. According to the latest Texas Quarterly Housing Report, home prices statewide hit an all-time high of $200,000 during the second quarter of 2015. That’s an 8.1 percent increase compared to the same time...[read more...]

Categories:   industry news


Jumbo Mortgages Experience Significant Growth

Posted by:  Service First
2015-08-04 06:55:28

Did you know jumbo loans now account for approximately 20 percent of all mortgage loans? According to Mortgage Professional America, jumbo mortgage lending grew 36 percent year-over-year to an estimated $160 billion in the first half of 2015. In Texas, the threshold for jumbo loans starts at $...[read more...]

Categories:   industry news


Service First was named as the 13th Best Company to Work For by Mortgage Executive Magazine. The magazine conducted an extensive survey of more than 10,000 loan officers at over 200 mortgage companies and banks. The survey asked the loan officers to rate the company’s culture, loan proce...[read more...]

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Increasing consumer optimism toward the current home selling market may bode well for purchase activity this year, according to results from Fannie Mae’s June 2015 National Housing Survey. The monthly survey polls the U.S. adult general population to assess their attitudes about homeownersh...[read more...]

Categories:   industry news