Preapproval

Learn why capping credit card interest rates could fundamentally change your credit score and not for the good.

The Credit Card Rate Cap That Could Kill Your Mortgage Approval in 2026

A North Texas Market Intelligence Report by Bobby Franklin Listen, I’m about to tell you something that could derail your homebuying plans this year, and it has nothing to do with mortgage rates, home prices, or inventory levels. While everyone’s celebrating President Trump’s call for a 10% credit card interest rate cap, very few people understand the financial landmine this creates for...

Learn the reasons why homebuyers still get denied after preapproval in North Texas. Learn more with Bobby Franklin, the North Texas Market Insider. Bobby Franklin is the best realtor in Waxahachie.

Can You Be Denied a Mortgage After Preapproval? What North Texas Homebuyers Need to Know

“I was preapproved, how can my mortgage be denied now?” I hear this from shocked buyers regularly, and it’s one of the most devastating moments in real estate. You’ve found your dream home in DFW, negotiated the perfect price, maybe even started planning where the furniture goes, then your lender drops the bomb that your loan won’t close. Here’s the truth most agents won’t tell you:...