Low Rates.

Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!

Get A Quote!

Apply Online!

Trusted By Agents With

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.

The Client Experience

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

Loan Programs Available

FHA Loans

Conventional Loans

VA Loans

Self-Employed Loans

Reverse Mortgages

Second Mortgages

Blogs

The Top 5 Mortgage Mistakes to Avoid

Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....

Do not list

Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list....

Let's talk about some ways you can improve your credit score! Your credit score is actually a big deal, and it can affect...

🚆 Dallas to Houston in 90 Minutes? $64M Says Yes! 🚆

💨 Fast Track Ahead: $64M for Texas High-Speed Rail! 💨

Bill Rapp, Commercial Mortgage Broker

September 05, 2024•2 min read

🚆 Dallas to Houston in 90 Minutes? $64M Says Yes! 🚆

💨 Fast Track Ahead: $64M for Texas High-Speed Rail! 💨

Big news, y'all! The long-awaited high-speed train between Houston and Dallas is "speeding ahead" with a fresh $64 million boost 💸 to connect these two major Texas cities! 🚆

The Texas high-speed rail corridor—which promises to link these metros in just 90 minutes 🕑—is moving forward, but not without its bumps. The project, which has been in the works for years, has now received $63.9 million from the Federal Railroad Administration to help make this dream a reality 🌟.

💸 Funding Breakdown:

This grant is part of a larger $153 million federal funding rollout 💼 from the U.S. Department of Transportation. The money will assist with operational costs and help advance the project, which has been chugging along 🚂 for over a decade. The proposed route stretches 240 miles and will run through 10 counties 🏞️.

🛤️ Project History:

Originally, Texas Central Railway took charge of the project, buying land along the proposed route. However, construction never began 🚧. Fast forward to today, and Amtrak has taken over, with federal subsidies pouring in to push the project forward. Back in December 2023, an initial $500,000 investment relaunched the planning and development program 📅. Now in its third step, the project is moving along with additional funding to cover expenses.

🚦 When Will It Start?

At the Southwestern Regional Rail Conference, Amtrak’s Senior VP, Andy Byford, announced that construction could begin in the early 2030s 🏗️. Byford emphasized that while the project is still being evaluated, the current forecasts make it worth pursuing 📊. But don’t pack your bags just yet—there’s still a long way to go before this train leaves the station!

❌ Opposition and Concerns:

Not everyone is on board with this high-speed rail. Critics like John Sitilides, a federal affairs advisor, are calling it a waste of taxpayer money 💸💬. With a projected total cost of $30 billion 💰, Sitilides argues that it's a financial disaster waiting to happen, especially considering the eminent domain issues for rural landowners 🚜.

Still, Amtrak officials remain optimistic about the project's viability due to the large populations of Houston and Dallas and the flat topography 🌄 between the two cities.

🚄 The Future of Texas Rail:

With only 30% of the necessary land secured, this project has plenty of hurdles to clear. However, Amtrak is confident that with political support and a mix of public and private funding, this rail line could be one of the most viable high-speed railways in the U.S. ✨.

#TexasHighSpeedRail 🚆 #Amtrak 🚄 #DallasToHouston 🚉 #TexasBulletTrain 🚅 #InfrastructureUpdates 🛤️ #HighSpeedRail 🚄 #FederalFunding 💸 #RailwayExpansion 🔧 #TexasTravel ✈️ #PublicTransport 🌎

I’m an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.

https://medallionfunds.com/bill-rapp/

https://www.billrapponline.com/

https://houstoncommercialmortgage.com/

https://findamortgagebroker.com/Profile/WilliamRappJr28883

https://doctorvideo.billrapponline.com/

https://veteransvideo.billrapponline.com/

https://mortgageviking.billrapponline.com/

https://fha203h.billrapponline.com/

https://renovationvideo.billrapponline.com/

https://www.smartbizloans.com/partner/vikingenterprisellc/bill

https://www.fastexpert.com/loan-officer/bill-rapp-95119/

https://billrapponline.com/financingfuturescre-houston-katy

https://www.smartbizloans.com/assist/partner/medallionfunds/bill

https://billrapp.commloan.com/

Texas high-speed railAmtrakDallas-Houston railHouston

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!

Back to Blog

10 Tips for First-Time Homebuyers

Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....

How To Choose the Right Lender for You

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy

Refinancing youe loan and when to do it

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy

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. Copyright © 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/

NMLS Consumer Access Portal