Franz Sarangaya - Realtor & Mortgage Loan Officer

Franz Sarangaya - Realtor & Mortgage Loan Officer Helping Texans get into their !
$0 down, little to no money out of pocket
600 minimum credit score
Based in Hou

08/27/2026

How Deferred Student Loans Impact Your Mortgage Approval 🏠

Many buyers think deferred student loans won’t count against them when applying for a mortgage, but underwriters view them differently. Even if no payment is due right now, lenders are required to calculate a monthly liability into your Debt-to-Income (DTI) ratio unless you provide proper documentation.

Without an official Income-Driven Repayment (IDR) letter showing a lower or $0 payment, standard guidelines require underwriters to automatically calculate 0.5% of your total loan balance as a monthly payment. On a $100,000 student loan balance, that adds an automatic $500 monthly debt liability to your application—which can significantly lower your home buying budget. Getting your IDR paperwork sorted before pre-approval keeps your DTI low and protects your purchasing power!

Want to see how your student loan structure affects your home buying power? Connect with us today, and let's go over your numbers! 💼📲

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Franz Sarangaya:
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/27/2026

Why Section 8 Housing is a Top Strategy for Real Estate Investors 🏠

Section 8 housing remains one of the most reliable strategies for generating consistent rental income. Because the majority of the monthly rent comes directly from the local housing authority, property owners benefit from guaranteed direct deposits every month regardless of economic shifts.

Section 8 tenants are highly motivated to maintain the property and fulfill their lease obligations. Housing vouchers often take 5 to 10 years on waiting lists to secure, and failing a property inspection or violating lease terms puts a tenant's voucher at risk. This built-in accountability creates lower turnover, reliable long-term occupancy, and steady cash flow for landlords.

Want to learn how to evaluate cash-flowing rental properties or structure your investor financing? Connect with us today, and let's go over your strategy! 💼📲

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Franz Sarangaya:
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/26/2026

Creating Cash-Flowing Owner Financing Terms After a Refinance 🏠

When transitioning a property out of a short-term hard money loan into long-term debt, owner financing allows you to set customized resale terms. Structuring the wrap or seller financing agreement relative to your new refinanced mortgage payment ensures maximum cash flow and strong investment returns.

Want to analyze a refinance-to-owner-financing structure or calculate your monthly interest spread? Connect with us today, and let's go over your strategy! 💼📲

Instagram:
TikTok:

Franz Sarangaya:
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/26/2026

The #1 Income Rule for Mortgage Approval 🏠

Did you know extra income like overtime, bonuses, or holiday pay can’t be used to qualify for a mortgage unless you have a full two-year history of receiving it? Lenders need to see consistent earnings to average out that extra income for your approval. If it's been less than two years, underwriters will stick strictly to your base hourly rate or salary!

Want to know how your specific income breakdown affects your home buying power? Connect with us today, and let's go over your numbers! 💼📲

Instagram:
TikTok:

Franz Sarangaya:
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/26/2026

What happens when a seller wants their full asking price, but the property just isn’t selling? Instead of negotiating the price down, seller financing can give both sides another option.

Imagine a $300,000 home that’s completely paid off. The buyer agrees to the full $300,000 asking price, but instead of borrowing from a traditional lender, the seller finances the purchase under terms both parties agree to.

The buyer gets an alternative path to acquiring the property and can structure the deal around a clear investment and exit strategy. Meanwhile, the seller gets the price they wanted while potentially earning additional income from interest over time.

Sometimes the opportunity isn’t in negotiating a lower price—it’s in negotiating better terms.

💬 Have a property that isn’t selling, or looking for creative ways to acquire your next investment? Let’s talk about whether seller financing could make sense for your situation.

Instagram: Forge Home Consulting
TikTok:
Franz Sarangaya
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/26/2026

How Lenders Calculate Maximum Home Purchase Price Based on Monthly Income 🏠

When calculating your home buying budget, lenders look directly at your gross income to set your maximum allowable housing payment. A strict 50% Debt-to-Income (DTI) cap means your total monthly debts—including your future mortgage—cannot exceed half of your gross earnings.

If your qualifying income is $3,200 per month, a 50% limit caps your total monthly debt payments at $1,600. Depending on prevailing interest rates, property taxes, and insurance costs, a $1,600 monthly allowance generally aligns with a home purchase price between $130,000 and $200,000 in today's market. Current interest rates reflect historical norms, making clear debt-to-income planning essential to securing your maximum purchase budget.

Want to see how your monthly income translates to actual home buying power? Connect with us today, and let's go over your numbers! 💼📲

Instagram: Forge Home Consulting
TikTok:

Franz Sarangaya
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/26/2026

The #1 Income Rule for Mortgage Approval 🏠

Did you know extra income like overtime, bonuses, or holiday pay can’t be used to qualify for a mortgage unless you have a full two-year history of receiving it? Lenders need to see consistent earnings to average out that extra income for your approval. If it's been less than two years, underwriters will stick strictly to your base hourly rate or salary!

Want to know how your specific income breakdown affects your home buying power? Connect with us today, and let's go over your numbers! 💼📲

Instagram: Forge Home Consulting
TikTok:

Franz Sarangaya
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/25/2026

Before you start the home loan process, there are two numbers you should understand: your credit score and your debt-to-income ratio (DTI).

For many programs, a credit score around 600 may open the door to certain financing options. But your credit score is only part of the picture. Lenders also look at how much of your monthly income is already committed to debts like car payments, student loans, personal loans, and credit cards—plus your future mortgage payment.

Depending on the loan program and your overall financial profile, DTI limits can vary. Knowing where you stand before you start shopping can help you set a realistic budget and identify what may need improvement.

💬 Thinking about buying a home? Let’s review your credit, debt, and income to see what loan options may be available to you.

Instagram: Forge Home Consulting
TikTok:
Franz Sarangaya
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/25/2026

From Underwriting to Clear to Close. 🏠

Once your appraisal confirms the home's market value, your loan moves into the final stretch. Understanding underwriting removes the guesswork as you head toward closing day.

Reaching Clear to Close is the ultimate goal in every homebuying journey.

Want to learn more about underwriting timelines or start your pre-approval process? Connect with us today, and let's go over your strategy! 💼📲

Instagram: Forge Home Consulting
TikTok:

Franz Sarangaya
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

08/25/2026

How deferred student loans are calculated in mortgage underwriting. 🏠

Many home buyers assume that deferred or income-driven student loans are ignored during pre-approval because no monthly payment is currently due. However, standard mortgage underwriting guidelines require lenders to factor student loans into your Debt-to-Income (DTI) calculations—even if they are in deferment or forbearance.

Obtaining the correct student loan payment documentation before pre-approval prevents unexpected DTI spikes during underwriting.

Want to see how your student loan structure impacts your mortgage qualifying power? Connect with us today, and let's go over your numbers! 💼📲

Instagram: Forge Home Consulting
TikTok:

Franz Sarangaya
Loan Officer — NMLS # 2624915
Real Estate License — License # 0736162
NEXA Lending, LLC | www.NEXAmortgage.com
COMPANY STATE LICENSE # AZMB-0944059
NMLS # 1660690
5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212

Address

200 N Kimball, Ste 2221 #1113
Southlake, TX
76092

Telephone

+12815022593

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