More and more people are getting into the market for a new home, but finding a qualifying mortgage product inside their budget can be a challenge. What do you do when you need housing but you’ve not saved enough for a big down payment? 

In today’s BobMortgage Zone broadcast, our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage) shares his insight about the new 3 percent down HomeOne Mortgage. Who can qualify? Are there income limits? Find out more from the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk:


Update, 9:17 p.m. Bruce Tomaso at the Dallas Morning News was kind enough to give us a link, and now we hear from the folks at 3525 that Mrs. Hunt actually owned three units in this building  on the 13th floor, but only two (the B/C units) are listed for foreclosure. Mrs. Hunt, says Lee T. Wilkirson, owned B/C and also D, but D was sold as a separate unit:

 Her estate marketed the triple unit for sale, but was unsuccessful. It was eventually sold as two separate apartments, a B/C-unit combination and a D-unit.

Checking DCAD, I see the D unit is 2,085 square feet. B/C is 3207. When Mrs. Hunt had all three, that was one large condo. 

Yes, THEE Margaret Hunt Hill who gave us the beautiful bridge across the Trinity. The foreclosure, which comes on the market later this month, is a Freddie Mac foreclosure, unit  13 B/C,  once owned by the late Margaret Hunt Hill, who sold it in 2004.  3525 of course is the building originally designed by the famous architect Howard Meyer in 1957. It is listed as an historical site by The National Register of Historic Places and the United States Department of Interior. This building has always, always been known as “The Grand Dame of Turtle Creek”. It was built in 1957, and it appears HOAs are about 76 cents per square foot, including utilities, centralized heat and air, at the building’s mercy when it comes on. Price range: $160,000-$900,000. Other notable tenants included Greer Garson Fogelson, Patsy Lacy Griffith (before she moved into the Mansion Residences), Dottie and Bob Goddard, Pat Patterson, Sarah Norton, Nancy and Captain A.W. Chandler, Colonel James P. Caston, some Meyersons, and Dr. Sam Hamra’s mother. Also known as The Temple, 3525 was the first high-rise built on Turtle Creek. And in the 1950s and 1960s, everyone who was anyone lived here and wanted to live here. Those Howard Meyer designed and significant poured-concrete grids turn off some Realtors, as do the low ceilings. Is this the building that got its start as low-income housing? 13 B/C was listed at $589,000 initially, then lowered to $499,000 as last listed price. It has 3433 square feet, includes  two garage spaces, family room, study, two beds, two baths, utility room as well as spectacular views of Downtown Dallas as you only get from Turtle Creek condos. There is a dramatic marble & mirrored entry, kitchen with marble countertops & cherry cabinets, updated baths with Toile wallpaper, ceiling speakers, walk-in closets, 24-hour manned & secure entrance. Really, a stunning unit that is going to make someone a stunning bargain.