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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

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Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

27185 Astoria Brook Ln, Katy, TX 77494, USA

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šŸ”‘āœØ First-Time Homebuyers: Avoid Costly Mistakes with The Smart Guide to Buying Your First Home

šŸ”šŸ“˜ The Smart Guide to Buying Your First Home — The No-Nonsense Playbook Every First-Time Buyer Needs

January 27, 2026•2 min read

šŸ”šŸ“˜ The Smart Guide to Buying Your First Home — The No-Nonsense Playbook Every First-Time Buyer Needs

šŸ”‘āœØ First-Time Homebuyers: Avoid Costly Mistakes with The Smart Guide to Buying Your First Home


The Smart Way to Buy Your First Home—Without Guesswork

Buying your first home is one of the most important financial decisions you will ever make. Unfortunately, most first-time buyers enter the process with incomplete information, conflicting advice, and unrealistic expectations. That is exactly why I wrote The Smart Guide to Buying Your First Home.

This book is designed to give first-time homebuyers clarity, confidence, and structure—before they ever submit an offer or apply for a mortgage.

As a mortgage broker, I see the same costly mistakes over and over again: buyers overestimating affordability, misunderstanding loan options, underestimating closing costs, or trusting advice that is not aligned with their long-term financial health. This guide exists to prevent those mistakes.


What Makes This First-Time Buyer Guide Different

Unlike generic real estate books, The Smart Guide to Buying Your First Home is written from the perspective of someone who structures home loans every day. It bridges the gap between real estate advice and mortgage reality.

Inside the book, you will learn:

Ā·How mortgage approval actually works (not how it is marketed)

Ā·How to prepare financially before house hunting

Ā·What first-time buyers should know about credit, debt, and cash reserves

Ā·How to choose the right loan program—not just the lowest rate

Ā·How to avoid emotional decisions that create long-term financial stress

This is not theory. It is practical guidance built from real transactions.


Why Mortgage Education Matters More Than Ever

In today’s market, affordability, rates, and inventory all matter—but structure matters more. A well-structured mortgage can be the difference between long-term stability and buyer’s remorse.

As a mortgage broker, my role is not to sell a loan—it is to design the right solution for your situation. This book gives buyers the education they need to ask better questions, make better decisions, and avoid pressure-driven mistakes.

If you are a first-time buyer—or planning to be one—this guide helps you approach the process strategically instead of emotionally.


Watch the Video: How Smart Buyers Prepare Before They Buy

I recently created a promotional video breaking down the mindset and preparation first-time buyers need before stepping into the market. The video complements the book and walks through the key themes buyers should understand early.

šŸ“ŗ Watch the video to learn:

Ā·Why pre-approval alone is not enough

Ā·How smart buyers think about affordability

Ā·What most buyers discover too late


Buy the Book on Amazon

If you want a clear, practical roadmap to buying your first home the right way, this guide was written for you.

šŸ‘‰ Buy the book here:
šŸ”—
https://www.amazon.com/Smart-Guide-Buying-Your-First-ebook/dp/B0F2ZJ2HW6


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Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory


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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/