Show Top Navigation

Headquarters

2595 Preston Road
Suite #100
Frisco, Texas 75034
972-334-0700

New Location

690 W. Campbell Road
Suite #100
Richardson, TX 75080
972-685-2040

Texas Republic Bank Blog: All Blog Posts

Second Home Financing

Posted by TXRB Staff


The loan officers at Texas Republic Bank have financed every conceivable type of purchase or refinance possible that involves a residence. This is the fourth in a series of blog articles identifying some of the more common types of residential loans that the bank likes to make to its customers.
It’s no surprise that the summer heat and humidity in North Texas are just almost unbearable. We all know it’s coming, but it doesn’t lessen the misery! If the idea of spending summers in the cool mountains of Colorado or New Mexico sounds inviting maybe it’s time to think about a second home. If the thought of grandkids splashing in the surf or fishing off your dock is more like your idea of happiness, we’re with you there too!
So regardless of whether it’s snow-capped mountains or sandy beaches that are calling your name, Texas Republic Bank will put you there with a minimum of fuss. You can get the process started with just a phone call to Maureen McGuire or one of the other experienced lenders at the bank. They’ve been helping bank customers achieve happiness in their second homes for many years and would love to talk about yours.
Mountain chalets, lake houses, and Gulf Coast condos are just some of the types of second homes we’ve been happy to finance for our customers. The main thing to keep in mind is that Texas Republic Bank lenders like Maureen have done what you need time and time again. It might well be new to you, but it’s old hat for her!
So call Maureen at (214) 619-3913 or contact her at maureen.mcguire@texasrepublicbank.com.Everyone has an idea of happiness and we’d like to be part of yours--that’s banking like it oughta be!

Posted October 25, 2013    |    View

(1241 Views)

Frisco Community Involvement

Posted by TXRB Staff


Texas Republic Bank was proud to sponsor and participate in such a great community event as The 27th Annual John Weinberg Golf Tournament held by The Frisco Chamber of Commerce at The Tribute Golf Club. Congrats to John Henderson, Bill Dunne, Mark Winnubst and Craig Sheils on their 5th place finish!

Posted September 26, 2013    |    View

(1197 Views)

New Home Construction Financing

Posted by TXRB Staff


If you are involved in any aspect of business that involves single family residences you’ll find Texas Republic Bank has been there also. The loan officers at the bank have financed every conceivable type of investment, construction, management, lending, and any other business venture possible that involves a residence. This is the third in a series of blog articles identifying some of the more common types of loans that the bank likes to make to its customers.
At some point in every family’s life there’s a new home in their future. Up-sizing, down-sizing, better schools, better neighborhoods, shorter commute, less crime, whatever the reason is, the end result is a new home.
Rest assured that Texas Republic Bank will be there to provide construction financing for homes from modest to, well let’s just say blow-your-socks-off spectacular! From Prosper to Highland Park, or from Lucas to Coppell, or at any other location in the Metroplex where you want to live, the bank’s lenders like Maureen McGuire are ready to help you turn your dream into dream home!
If you don’t have a builder already picked out Maureen can introduce you to multiple builders who have demonstrated the ability to build homes that satisfy their customers. If you already have a builder you’re welcome to bring him or her into the bank to discuss alternatives regarding the construction and permanent financing for your new home.
The main thing to keep in mind is that Texas Republic Bank lenders like Maureen have done what you need time and time again. It might well be new to you, but it’s old hat for her! So call Maureen at (214) 619-3913 or contact her at maureen.mcguire@texasrepublicbank.com. Everyone has a dream and we’d like to be part of yours--that’s banking like it oughta be!
 

Posted September 05, 2013    |    View

(1190 Views)

Rehab/Resale Financing

Posted by TXRB Staff


If you are involved in any aspect of business that involves single family residences you’ll find Texas Republic Bank has been there also. The loan officers at the bank have financed every conceivable type of investment, construction, management, lending, and any other business venture possible that involves a residence. This is the second in a series of blog articles identifying some of the more common types of loans that the bank likes to make to its customers.
Loans to finance the purchase, repair, improvement, and resale of residential property (“Rehab/Resale”) are a favorite type of loan at the bank. The lenders at Texas Republic Bank have done literally hundreds of loans like that, and in amounts from really small to really big! Popularized by television shows over the last few years, many people have found both satisfaction and profit from turning ugly duckling houses into swans.
Taking a tired old floor plan and outdated finishes from Yuck to Wow takes money and that’s where lenders at the bank like Ron Corcoran come in handy. You provide the vision and Ron provides the cash! A purchase/construction line of credit, based on your purchase price and budgeted repair and improvements vision, transforms that vision into reality. The bank can offer an aggressive advance rate of up to 95% of your cost that can even enable you to do multiple projects at the same time.
For the most active borrowers the bank typically puts in place an annual guidance line of credit. It enables borrowers to make fast purchase commitments with the confidence that financing will be available. Key to obtaining the best deal is often a quick closing! Loan rates are very competitive with similar type loans at other banks—but good luck on finding one that will welcome your Rehab/Resale loan request!
Regardless of whether you’ve got a long list of successes or never bought investment property, you’ll fit into the Rehab/Resale loan program at Texas Republic Bank. So contact Ron Corcoran at (214) 619-3915 or email him at ron.corcoran@texasrepublicbank.com. Helping turn ugly ducklings into swans—that’s banking like it oughta be!

Posted August 16, 2013    |    View

(1177 Views)

Single Family Investment Real Estate Financing

Posted by TXRB Staff


If you are involved in any aspect of business that involves single family residences you’ll find Texas Republic Bank has been there also. The loan officers at the bank have financed every conceivable type of investment, construction, management, lending, and any other business venture possible that involves a residence. This is the first in a series of blog articles identifying some of the more common loans the bank likes to make to its customers.
People who own rental property usually own several of them. They’ve learned how to be a good landlord and how to do it right. More importantly they’ve learned what not to do! Typically investors finance their first purchases through mortgage companies. However, at some point Fannie Mae underwriting requirements start making that very difficult. Texas Republic Bank picks up where the mortgage market cuts off and has financed investor customers who own literally hundreds of rental residences.
So whether your goal is six or sixty rental properties the bank is ready to help you accomplish that goal. The process starts with an informal application and discussion with a bank loan officer about what you want to do. Bank Vice President Ron Corcoran can quickly tell you what information will be needed to make a decision on your financing request. Interest rates vary with the situation but are very competitive for the rental property financing market. The time from application to closing can be incredibly short if necessary. Ron is aware that sometimes the best deals come with a short fuse!
The most important thing to remember is that rental property financing is a targeted type of loan at Texas Republic Bank. Other banks may see it as a nuisance and unintentionally, or intentionally, make the approval process difficult. Not the case here! So contact Ron Corcoran at 214-619-3915 or email him at Ron.Corcoran@texasrepublicbank.com. He’ll help you make progress on that goal—that’s banking like it oughta be!

Posted August 09, 2013    |    View

(1095 Views)

Happy 4th of July!

Posted by TXRB Staff

Posted July 03, 2013    |    View

(1071 Views)

Supporting Our Frisco Community!

Posted by TXRB Staff

Posted July 02, 2013    |    View

(1028 Views)

Gearing up our Golf Game for Charities!

Posted by TXRB Staff


Texas Republic Bank was proud to recently help sponsor and be a part of two golf charities.

The first was The Rotary Club of Frisco's "Swing for Scholarships" golf tournament where we had the pleasure of sponsoring the Hole in One contest. 


Pictured (left to right): Tim Wright, Josh Henderson, Drew Mixon, and John Davis

The second was the record-breaking fundraising tournament hosted by Milestone Electric & Air benefiting the Men and Ladies of Honor. 

Men of Honor and Ladies of Honor is a strategic program to train and mentor youth to realize their full potential. Youth who participate are mentored and trained in principles of honor, chivalry, integrity, courageous leadership, and moral excellence using a three-pronged strategy of camps, conferences, and weekly curriculum based meetings in schools, churches, and recreation centers. They strongly believe that if these young people do not stand for something, they will fall for anything.

For more information or to see how you can help, visit:
http://www.themenofhonor.org/


Pictured (left to right): Rich Cass, Drew Mixon, John Henderson, and Bill Dunne


Posted May 16, 2013    |    View

(1069 Views)

Is Your Bank One You Can Trust?

Posted by TXRB Staff


Trust
. It's a vital component to any relationship - especially a banking one. So how can you know if a bank is trustworthy? We'd suggest learning what their customers have to say about them.

A large bank operates so many branches that the reviews from customers are often a mixed bag and may or may not reflect the experience you would have if you did your banking with them. Texas Republic Bank on the other hand only has one location, so you know you'll work with the same bankers as the customers who write reviews. See what one of our customers has to say:



Our goal is to provide all our customers with an experience that they can describe as "banking like it oughta be!" Come in today and try our way of doing business!


Posted April 26, 2013    |    View

(1027 Views)

Helping Small Businesses Overcome Obstacles

Posted by TXRB Staff


Small businesses face a great deal of obstacles when trying to find success in a market increasingly defined by competition and limited funding options. Texas Republic Bank understands the growing needs for these businesses to have their individual financial requirements catered to in a friendly and transparent manner. Thus, we offer a variety of loans designed to suit the individual needs of the small business.

Texas Republic Bank provides a wide choice of lines of credit to help guarantee liquidity and combines these amenities with highly competitive interest rates. We also give our customers the ability to purchase the necessary equipment that may be required for his or her business with our Equipment Financing package. Finally, and of greatest importance for many individuals, are the Small Business loans.

These loans are partially guaranteed by the Small Business Administration, or the SBA. Thus, they offer more beneficial conditions and rates than standard business loans while having the powerful backing of the federal government. Also, let us not forget that the entire approval process is quick and always supervised by a professional loan officer who is happy to answer any questions that may arise.

While these options may be what brings customers to our bank, our personalized service and professional expertise are what keep our clients returning. We pride ourselves on delivering an unsurpassed level of quality and customer service while simultaneously addressing each customer’s needs on a one-on-one basis. This transparency helps our numerous clients rest assured in the knowledge that their finances are in capable and well-trained hands. If we then combine this unparalleled professionalism with a personal touch, it is no surprise that Texas Republic Bank has become the bank of choice for the needs of many small businesses.


Call us today at 972-334-0700!

Posted April 02, 2013    |    View

(1070 Views)