Your Mortgage, Your Way.
Learn About Our Product Offerings
By offering a variety of mortgage products, we are able to provide customized solutions for our clients' unique needs and financial situations. Whether you're a first-time homebuyer or a seasoned real estate investor, we have the expertise and experience to help you find the right mortgage product for your goals.
Conventional Loans
Enjoy stable and predictable monthly payments with a fixed rate mortgage. Keep it Simple.
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With a 620 score you are eligible for a conventional loan, however a 740+ score is by most lenders considered a good score. The higher the score, the lower rate.
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Conventional loans require a minimum down payment of 3% of the value of the property (appraised or market value). Only when you put 20% or more down towards your mortgage, you won’t be charged with Primary Mortgage Insurance (PMI) by the lender (0.5% to 1.5% of the loan amount).
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Conventional loans aren’t backed by a government agency, but they usually follow some government guidelines.
Most conventional loans conform to loan limits set by the Federal Housing Finance Agency and follow the credit score and down payment minimums set by the government-sponsored enterprises known as Fannie Mae and Freddie Mac.
Federal Housing Administration Loans
One of the most popular Government Loan Products for 1st Time Buyers. Lower down payment and flexible credit requirements.
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FHA loans are more forgiving to borrowers with a lower score. As long as your score is above 500, you can get approved for an FHA loan.
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With a FICO score higher than 580, the lender will require 3.5% down payment. When your score is lower than 580, you will have to put 10% down.
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With FHA loans, you’ll need to pay a mortgage insurance premium (MIP). An FHA MIP is an additional payment you make to secure the loan. Your FHA loan MIP will involve two payments: an upfront premium and an additional annual payment. The amount you’ll pay for both depends on your loan amount.
Unfortunately, sellers often perceive the FHA loan approval process as risky because of the FHA's relatively lenient financial requirements and stricter appraisal and property standards.
Veteran Affairs Loans
Only for our Veteran Community. We thank you for your service!
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Veterans with a low FICO score are still eligible for a VA loan. Most lenders apply a minimum credit score of 580 or more.
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This is the best part of a VA loan, NO DOWN PAYMENT required! You can put a percentage down, if you wan to.
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There are many benefits attached to a VA-backed home loan. Based on your Certificate of Eligibility (COE). The COE will show if you’re eligible and shows your VA loan entitlement. Our lenders can request a COE with the US Department of Veterans Affairs.
Jumbo Loans
These loans are for homes that exceed a certain conforming loan limit. In the state of Texas, if your loan amount exceeds $750,000 for a single-family home, you’ll have to look for a Jumbo Loan.
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Most lenders will require a 700+ credit score for a Jumbo Loan.
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While low down payments are fairly common on conforming loans, jumbo loans are more likely to require a down payment of at least 20%, though some lenders may go as low as 10%.
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Jumbo loans are called this way because they are too big to fit Fannie Mae's and Freddie Mac's requirements. Therefor they are also called ‘Non-Conforming’ loans.
Jumbo loans are considered riskier for lenders because these loans can’t be guaranteed by Fannie Mae and Freddie Mac, meaning the lender is not protected from losses if a borrower defaults. As a result requirements are more strict for a Jumbo Loan.