I'm Eric Peterson, the Lending Dad. I help buyers and homeowners compare payment, cash needed, and financing choices in plain English, so your next decision is an informed one.
Mortgage Loan Originator, NMLS #620962, with NEXA Mortgage, LLC. Based in North Texas; licensed in TX, CA, FL, OK & AR.
Ready to apply? Start a Secure Application → Book a call with Eric
Eric PetersonNMLS #620962
Whatever rates do next, the questions that matter stay the same: what the full payment will be, how much cash it takes, and which option actually fits your plans.
Ready to apply for a HELOC on your own? Start the HELOC application →
A financing review, not a promise: no rate, approval or closing date is guaranteed. Your full picture decides what's possible.
Principal, interest, taxes, insurance, HOA and mortgage insurance, each shown on its own line.
A home value estimate, useful before you sell, move up or look at your equity.
Some qualified buyers may have access to low-down-payment, $0-down, or down-payment-assistance options. See what may fit.
Written by Eric Peterson, Mortgage Loan Originator (NMLS #620962). No rates, no hype — just how the programs work.
How a one-time close works, why the builder must be VA-registered, and the no-payments-during-construction rule.
Which streamline applies to your loan, the 210-day seasoning rules, and what neither one can do.
The 80% limit, the 2% fee cap, the 12-day notice and the rest of the Texas homestead rules, explained.
How a rental qualifies on its own income, what goes into the ratio, and why strong rent can still miss a lender's number.
Sometimes it makes sense, often it doesn't. I'll look at your loan individually and tell you plainly, including when the answer is to keep the loan you have.
I've built a curated directory of trusted local home service providers — plumbers, painters, electricians, HVAC, lawn care, and more — recommended for the homeowners I've worked with and open to everyone.
Think of it like an Angie's List, but hand-picked by your lender. Every pro is here because they do good work for good people.
Browse Home Pros →Leaks, water heaters, repipes
Interior & exterior pros
Licensed & insured
Keep the curb appeal up
I break down loan programs, products, income documentation, and homebuyer tips on social media — no jargon, just straight talk you can actually use.
"Eric was extremely helpful in keeping us informed as we lived in Utah. His attention to detail calmed our hectic pace and stress."
"As a first time home buyer, Eric made me feel very comfortable. He was there every step of the way and even came to closing with me."
"Eric has now assisted us with our last two house purchases. He simplifies the process and connects you with all the right people."
Individual experiences may vary. Testimonials are not a guarantee of loan approval, terms, timing, or results.
Occasional market notes in plain English, homeowner tips, and new pros added to the directory.