Do you know the difference between the down payment and closing costs? What about the minimum down payment requirements for each loan type? Jordan O’Brien with Cardinal Financial Company joins TSAHC’s Joniel LeVecque to define and provide examples of closing costs, explain various down payment requirements, and share resources for home buyers that need help with their down payment.
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Note: While this episode was recorded in early 2020 prior to the COVID-19 crisis, the information is still accurate.
Meet Our Guest—Jordan O'Brien
Jordan O'Brien is a loan officer with Cardinal Financial Company and a member of TSAHC's Lender Advisory Council, which helps shape our down payment assistance programs to the needs of homeowners. He was also TSAHC's top-producing loan officer in 2019, meaning he helped more home buyers with down payment assistance than any other loan officer in the state of Texas last year.
Mr. O'Brien aims to help each of his clients understand their financing options and to assist with finding the best mortgage for their needs. Jordan serves home buyers in the Dallas/Fort Worth area.
On the House blog posts are meant to provide general information on various housing-related issues, research and programs. We are not liable for any errors or inaccuracies in the information provided by blog sources. Furthermore, this blog is not legal advice and should not be used as a substitute for legal advice from a licensed professional attorney.