Bedford Mortgage Lending

Bedford Mortgage Information There are 20,254 housing units in Bedford. An estimated 55% of living spaces in the city are occupied by their owners, not by renters.  Bedford Mortgage Lending In Bedford, 82% of non-rental housing carries a mortgage. In the city 10% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage. Mortgage and interest rate quotes for the Bedford area (or anywhere else you choose in the US) are available, without obligation or credit checks:   This form gives you refinance rate quotes from mortgage lenders who are licensed to provide the Bedford, TX area only:  Your information will never be given or sold to anyone else. Name Email Phone Property State Select State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Home Description Single Family Multi-Family Condominium Townhouse Mobile Home Manufactured Home Your Credit Profile Excellent Good Fair Needs Improvement Poor Type of Loan Select One Home Refinance Home Purchase Home Equity Debt Consolidation Thank you for allowing us to provide you with excellent mortgage lending rates for Bedford   You might also want to check out property and real estate info in these cities and towns near Bedford, Texas: Location Pop. Median Family Income (2000) Bedford 47,152 $71,017 Colleyville 19,636 $121,499 Euless 46,005 $54,697 Grapevine 42,059 $84,940 Hurst 36,273 $57,955 North Richland Hills 55,635 $64,718 Richland Hills 8,132 $50,377 Adjacent counties Denton County (north) Dallas County  (east) Ellis County (southeast) Johnson County (south) Parker County (west) Wise County (northwest) Total Population 47,152 100% Male 22,718 48.2% Female 24,434 51.8% Under 18 10,628 22.5% 18+ 36,524 77.5% 65+ 4,106 8.7% Median Age 36.2   Average Family Size 2.93   White 41,320 87.6% African-American 1,722 3.7% Asian 1,708 3.6% American Indian & Alaskan 239 0.5% Other 1,151 2.4% Mixed Race 893 1.9% Hispanic (included in categories above) 3,403 7.2% Median Family Income (1999) $71,017   Population In Poverty 1,726 3.7% Bedford compared to Texas state average Median household income above state average. Median house value above state average. Unemployed percentage significantly below state average. Hispanic race population percentage significantly above state average. Foreign-born population percentage significantly above state average. Length of stay since moving in significantly below state average. House age significantly below state average. Percentage of population with a bachelor's degree or higher above state average. First Time Home Ownership In Bedford Texas Buying your first home today is much easier with many programs designed just for you, many of these programs require zero to little down payment. The first step for first time home buyers is to go through the pre-qualification process, most real estate brokers will be asking for this information prior to your viewing homes, this will give you a firm idea of what you can afford and enable you to write the purchase offer with the assurance that you can afford the home. Review credit history via a Credit Report, how and why they work Explain the different types of loan products available Explain, "loan to value", that is the amount of money being borrowed versus the value of the property Examine your debt ratio, which determines how much payment you can afford Brown Lending offers many First Time Home Buyer programs including: Piggyback loans 80-20, 80-10-10 and 80-15-5 to eliminate PMI and reduce your monthly payment 100% Financing - No Money Down Loans (zero down) FHA Home Loans VA Loans Rural Housing New Construction Loans Lot Loans Jumbo Mortgage Loans Lender Paid Mortgage Insurance Interest Only Loans Less Than Perfect Credit 100% Financing Non Owner Occupied - Investment Property EZ Qualifier programs if you cannot document your income, assets and/or employment (NIV), (NINA) and (NINANE) No Income Verification Loans - NIV No Income No Asset Verification Mortgage - Stated Income Stated Asset - NINA (SISA) No Income, No Asset, No Employment Verification Loans - "No Doc" - NINANE 40 Year Home Mortgage Loan 100% Conventional Fannie Mae Loan - PMI is required Apply Online

Bedford Mortgage Statistics Category Value Homes With No Mortgage 18% With A Mortgage 82% First Mortgage Only 72% Second Mortgage or Home Equity Loan 10% Second Mortgage Only 5% Home Equity Loan Only 5% Bedford Housing Expenses Category Value Owner Costs as % of Income 18% Median Real Estate Taxes (2000) $2,422 Bedford Household Size Category Value Total Occupied 20,254 1-Person Households 32% 2-Person Households 34% 3-Person Households 16% 4-Person Households 13% 5-Person Households 4% 6-Person Households 1% 7+-Person Households 1% Bedford Housing - Year Built Category Value Median Year Built 1983 Median Year Built (Owner Occupied) 1981 Median Year Built (Renter Occupied) 1985 Bedford Home Heating Category Value Using Utility Co. Gas Heat 41% Using Bottled/Tank Gas Heat 0% Using Electric Heat 59% Bedford Housing Size Category Value No Bedrooms 0% 1 Bedroom 1% 2 Bedrooms 8% 3 Bedrooms 61% 4 Bedrooms 27% 5+ Bedrooms 2% Bedford, Texas, in Tarrant county, is 5 miles E of North Richland Hills, Texas and 7 miles N of Arlington, Texas. The city is included in the Fort Worth - Arlington metropolitan area. As of the year 2000 census, 47,152 people lived in Bedford. The People and Families of Bedford In Bedford, about 55% of adults are married. Wealth and Education In 2000, Bedford had a median family income of $71,017. Many people in Bedford make a good living. The bulk of the population of the city is doing well, with money to spend. Bedford doesn't have a large share of its people below the poverty line. Significantly, more adults in the city have earned college degrees than have people in most other cities in Texas. (Whether or not they're interested in marriage, it's worth noting that there are a lot of rich single men in Bedford.) Political Inclinations Bedford residents donated more money ($32,300) to George W. Bush than to the other candidates in the 2004 Presidential race. Across all races, the Republican party attracted the most donations from the city. Bedford Housing An estimated 55% of living spaces in Bedford are occupied by their owners, not by renters. The housing stock in the city is younger than in most places. Living alone is quite feasible in Bedford, with the choice of small rental properties there. Optimists try to see the higher property taxes in the city as a sign of wealth and desirability. Commuting In Bedford, 95% of commuters drive to work. Walking to work is pretty rare in Bedford.   Biggest public primary/middle schools in Bedford:   BEDFORD J H (Students: 873; Location: 325 CAROLYN DR; Grades: 07 - 09) HARWOOD J H (Students: 844; Location: 3000 MARTIN DR; Grades: 07 - 09) BEDFORD HEIGHTS EL (Students: 703; Location: 1000 CUMMINGS DR; Grades: PK - 06) SPRING GARDEN EL (Students: 630; Location: 2400 CUMMINGS DR; Grades: PK - 06) MEADOW CREEK EL (Students: 630; Location: 3001 HARWOOD; Grades: PK - 06) BELL MANOR EL (Students: 619; Location: 1300 WINCHESTER WAY; Grades: PK - 06) SHADY BROOK EL (Students: 542; Location: 2601 SHADY BROOK DR; Grades: PK - 06) STONEGATE EL (Students: 492; Location: 900 BEDFORD RD; Grades: PK - 06) TARRANT CO J J A E P (Students: 5; Location: 1849 CENTRAL DR; Grades: 06 - 12) HOMEBOUND (Location: 1849 CENTRAL DR; Grades: PK - 12) Private primary/middle school in Bedford:   ST VINCENT EPISCOPAL SCHOOL (Students: 339; Location: 1300 FOREST RIDGE DRIVE; Grades: PK - 6) Library in Bedford:   BEDFORD PUBLIC LIBRARY (Operating income: $934,137; Location: 1805 L DON DODSON DR; 88,885 books; 4,161 audio materials; 5,891 video materials; 278 serial subscriptions) Colleges/universities with over 2000 students nearest to Bedford: THE UNIVERSITY OF TEXAS AT ARLINGTON (about 9 miles; ARLINGTON, TX; Full-time enrollment: 15,467) NORTH LAKE COLLEGE (about 11 miles; IRVING, TX; FT enrollment: 4,554) TEXAS CHRISTIAN UNIVERSITY (about 12 miles; FT WORTH, TX; FT enrollment: 7,032) SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY (about 12 miles; FT WORTH, TX; FT enrollment: 2,253) UNIVERSITY OF DALLAS (about 12 miles; IRVING, TX; FT enrollment: 2,400) TEXAS WESLEYAN UNIVERSITY (about 13 miles; FT WORTH, TX; FT enrollment: 2,403) DEVRY INSTITUTE OF TECHNOLOGY (about 13 miles; IRVING, TX; FT enrollment: 2,651)