Buying a home can be a daunting process, acknowledge the experts at TexasLending.com. Here, the award-winning mortgage brokerage team helps ease fears by offering a quick rundown of the process for first time buyers.
Q: What different types of loans are available from TexasLending.com?
TexasLending.com: We offer a wide range of loans to meet each individual buyer’s needs. We can help those with perfect credit, bad credit, and everything in between. Our mortgage experts will walk a new (or experienced!) buyer through every step of the process for FHA, conventional, jumbo, and VA loans.
Q: Do your loans require a huge down payment?
TexasLending.com: While it’s always best to put the most cash down as possible, there are loan products that can help a buyer purchase their new home with just 3.5% down. These loans, which are usually FHA backed, require a high credit score and the buyer must prove that he or she has the means to repay the loan.
Q: How does TexasLending.com know which loan is the right loan?
TexasLending.com: We take the time to get to know each one of our client’s unique situations and get an idea of their finances, income, work history, and existing debts. Once we know all that, we’ll be able to offer options.
Q: Is it difficult to buy a home?
TexasLending.com: The process can be confusing, but, rest assured, TexasLending.com’s trained and up-to-date mortgage professionals make it easy. We offer online applications and live customer service. Once an application is received, our clients always know where their application stands since we provide each with a unique loan tracking number. When a home loan is approved, it is processed and the down payment is finalized. After the underwriting process, a closing date is agreed upon. At closing, paperwork is signed and the buyer walks away with keys in hand.
4100 Alpha Rd
Dallas, TX 75244