Author: Susanne Diepers

Amarillo, Texas, is showing increased buyer activity. Pending sales are up 30.3% year over year, while new listings have increased 2.4%. This combination is worth monitoring as buyers evaluate available homes and financing options.

Inventory is down 4.5%, with 3.1 months of supply and a 41-day median time on market. If these trends continue, buyers may encounter more competition and fewer available choices over the next 60 days.

A mortgage broker can help prospective buyers review financing strategies and prepare for the purchase process. Discussing pre-approval early may help clarify a budget before shopping, while keeping current market conditions in context.

If you are considering a home purchase in Amarillo, Texas, message me to review your options and plan your next step.

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Learn how home equity may help bring multiple credit card and loan balances together into one home-secured line of credit, with one payment to track and details to review.

In my 26 years guiding clients through the mortgage maze, I know that timing can make or break an opportunity—especially in wholesale transactions. That’s why same-day funding options like ONCF transactional financing can be a real game-changer. By allowing you to close the A-to-B side on the same day, you can keep your wholesale deals on track without the stress of holding onto the property. Clear, efficient solutions are what I strive to deliver—so you can move from 'maybe' to 'done' with confidence.

Mortgages mainly come in two types: fixed-rate, with stable payments over 15 or 30 years, and adjustable-rate (ARMs), where rates can change after an initial fixed period. Fixed-rate loans offer predictability, while ARMs may have lower initial rates and easier qualification. Other options include FHA, VA, USDA loans, jumbo loans, piggyback loans, and bridge loans. Refinancing, second mortgages, and reverse mortgages tap home equity for cash. Understanding these helps buyers save money and qualify.

Mortgage refinance closing costs typically range from 2% to 6% of the loan amount, which can reduce interest savings. Refinancing replaces your current mortgage with a new loan to lower interest rates, shorten repayment terms, or access equity. Costs vary based on loan size, type, lender fees, and location. Calculating the break-even point helps determine if refinancing is financially beneficial.

Compare Your Options: FHA, Conventional, VA and USDA loans each have different rates, fees and qualification rules, so compare the complete loan estimate—not just the headline rate.
Check Your Payment: Your rate depends on credit, down payment, loan term and market conditions; ask for a personalized payment quote before choosing a program.
Ask About APR: APR includes certain loan costs and can make comparisons more meaningful, while discount points may lower your rate in exchange for higher upfront costs.
Ready to explore today’s options? Message our Amarillo mortgage team for a personalized FHA, Conventional, VA or USDA quote and guidance based on your goals.

Compare Your Options: FHA, Conventional, VA and USDA loans each have different rates, fees and qualification rules, so compare the complete loan estimate—not just the headline rate.
Check Your Payment: Your rate depends on credit, down payment, loan term and market conditions; ask for a personalized payment quote before choosing a program.
Ask About APR: APR includes certain loan costs and can make comparisons more meaningful, while discount points may lower your rate in exchange for higher upfront costs.
Ready to explore today’s options? Message our Amarillo mortgage team for a personalized FHA, Conventional, VA or USDA quote and guidance based on your goals.

Compare Your Options: FHA, Conventional, VA and USDA loans each have different rates, fees and qualification rules, so compare the complete loan estimate—not just the headline rate.
Check Your Payment: Your rate depends on credit, down payment, loan term and market conditions; ask for a personalized payment quote before choosing a program.
Ask About APR: APR includes certain loan costs and can make comparisons more meaningful, while discount points may lower your rate in exchange for higher upfront costs.
Ready to explore today’s options? Message our Amarillo mortgage team for a personalized FHA, Conventional, VA or USDA quote and guidance based on your goals.