In this episode of Mortgages Made Easy, we compare Texas vs. New York real estate markets with top loan officers from both regions. From first-time homebuyers and buyer’s markets to winning bidding wars and beating cash offers, this conversation breaks down what buyers actually need to know in today’s housing market.
We also explain why mortgage brokers often outperform big banks, how non-QM loans work, and how speed and strategy can save buyers thousands of dollars.
Whether you’re buying your first home, relocating, or investing, this episode delivers real-world mortgage insights you won’t hear from a bank.
Dave Steinberg NMLS: #67325 Mortgage Broker Summit Funding
Guest Info:
Candy Williams
MORTGAGE LOAN ORIGINATOR NMLS# 187126
(210) 269-1774
@
Security and Growth through Homeownership
NEXA Mortgage| NMLS# 1660690
What You'll Learn in this Episode:
- Texas vs. Northeast housing markets: San Antonio is currently a buyer’s market with more negotiating power, while New York and surrounding states remain seller’s markets with bidding wars and fast decisions.
- First-time homebuyers dominate Texas: About 60% of buyers are first-time purchasers, typically buying in the $325K–$400K range and putting down the minimum 3–3.5%.
- Education and availability set top loan officers apart: Successful brokers focus on clear communication, constant availability, and long-term relationships, guiding clients through every step of the process.
- Winning offers come down to speed and strategy: Fast underwriting, early loan commitments, appraisal waivers, and strong communication can help buyers compete with cash offers.
- Mortgage brokers offer more flexibility and savings: Brokers can access non-QM loans, bank statement loans, DSCR options, faster approvals, and often significantly better pricing than retail banks.
Chapters:
0:00 – Intro: Texas vs. New York mortgage markets
1:30 – San Antonio housing market overview
3:00 – First-time homebuyers & down payment trends
5:45 – Why education matters more than rates
8:30 – Buyer’s market vs. seller’s market explained
11:45 – How to win offers in competitive markets
15:00 – Fast approvals, appraisal waivers & strategy
18:30 – Non-QM loans, bank statement & DSCR options
22:30 – Why brokers save buyers money
24:00 – Final thoughts & wrap-up
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Connect with me:
Office: 718.575.1166
Email: dave@summitfunding.com
https://summitfunding.com
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Summit Funding | Registered Mortgage Broker (NMLS #52081) New York State Department of Financial Services
7030 137 Street, Kew Gardens Hills, NY 11367
Summit Funding | Licensed Correspondent Mortgage Lender (NMLS #301151) New Jersey Department of Banking and Insurance
Summit Funding Inc., Your Mortgage Professionals Licensed Mortgage Broker (NMLS #84943) | State of Connecticut Department of Banking
Summit Funding, Your Mortgage Professionals, Inc. Licensed Mortgage Broker (NMLS #84943) | Florida Office of Financial Regulation
Loans Provided By Third Party Lenders
Refer with Confidence®
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