This section will give you a good Idea of the mortgage process and the time frame involved.  The knowledge will help you feel more comfortable as you understand and go through the steps.

Selecting the right loan program is imperative when you decide to Purchase a new home or when refinancing your existing mortgage, our team makes this easy for you up on a thorough review of your overall profile and your credit history. Here are a few things you need to know about the different loan programs we offer:​

​Federal Housing Administration - FHA:-​

An FHA mortgage is a government-backed home loan with more flexible lending requirements than those for conventional loans. Because of this, you need to pay a monthly mortgage insurance premiums along with your monthly loan payments and an Upfront mortgage insurance premium that is rolled into your loan.

FHA loans are available with fixed rates or as adjustable-rate mortgages. FHA loans are insured by the Federal Housing Administration (FHA) and may have an easier qualification process due to less stringent down-payment and credit requirements than conventional mortgages.


Veterans Affairs - VA:-

VA loans are home mortgages backed by the Department of Veterans Affairs (VA). With a VA loan, eligible service members and veterans can buy a home with little or no down payment, or refinance an existing home for a lower monthly payment.

We can offer service members, veterans, and eligible surviving spouses favorable terms on all types of home mortgage products. And if you don't meet the qualifications for a VA loan, FHA loans offer similar advantages, including lower down payment requirements for new Purchases and higher loan to value for refinance with an exception of mortgage insurance. VA loans do not have a monthly mortgage insurance added to your monthly mortgage payment although an upfront funding fee could be added to your loan if you are not exempted from the funding fee based on your eligibility.


Conventional loans:-

Conventional loans are approved on a more stringent guidelines as compared to FHA however conventional loans are a more popular choice if you have an excellent credit history as the interest rates are lower in comparison and conventional loans do not have an upfront mortgage insurance or funding fee added to the loan.

A private mortgage insurance could be added to your monthly mortgage payment if your down payment or equity as case may be is lower than 20% however we do offer a few options without mortgage insurance on excellent credit profiles.


​Home affordable refinance program - HARP:-

Home affordable refinance program (HARP) is a special program to help home owners refinance their existing home mortgage with a higher loan to value ratio, this program is ideal for home owners who have lost the equity of their property due to the decline on property values and cannot refinance due to the stringent guidelines of the conventional loan programs.

Home owners whose current mortgage is owned by Fannie Mae (FNMA) or Freddie Mac (FHLMC) prior to May 31st 2009 would qualify for this program.


United States Department of Agriculture - USDA:-

The United States Department of Agriculture (USDA) provides new home purchase and refinance loan programs for eligible property's located in rural agrees as part of the Rural Development (RD) initiative.

USDA offers loans with no down payment and does not include any upfront mortgage insurance or funding fee and it is ideal for home owners looking to purchase a property in a rural area and the property eligibility guidelines are also more flexible as compared to FHA, Conventional or VA loan programs.

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Thank you so much for your help in refinancing my mortgage loans.  You were wonderful in being patient with me and going into detail to explain anything I had any questions about.  I will be sure and recommend you for future friends. 


- Desiree Young, TX