The amount you can borrow is largely dependent on the following factors:

  1. Property appraised value
  2. You downpayment contribution
  3. Your debt-to-income ratio
  4. Your loan-to-value ratio
  5. And the loan program qualification criteria

Complete our loan pre-application to learn exactly how much you can qualify for.

Most lenders will not restrict a borrower from paying off their mortgage early. However, that is something that needs to be addressed with your loan officer upfront.

Some lenders charge a penalty for early payment due to any incentives or discounts they offer for the term under contract.

To avoid any complications, you should consult with your loan officer if you plan on paying off the mortgage earlier than the term you agreed to.

Yes. We’re able to help our borrowers refinance out of a high-interest rate loan to something more competitive depending on a number of factors.

Or perhaps, you wish to change the term from 30 years to 20 years or a lower term subject to your needs.

If you are ready to begin your refinance, then please complete our refinancing pre-application form to begin.

The right time to apply for a loan is subject to the following:

  1. When you plan on closing if you’re purchasing
  2. If purchasing a new construction home, then knowing the completion date of the home and the date when the county is scheduled to issue a certificate of occupancy. This data determines the best time to begin the loan application process
  3. In general, a loan application should be started 45 to 60 prior to the desired funding date. This is not because it takes this long to apply, but to provide a buffer for unforeseen circumstances.

If you are ready to apply, then proceed to our pre-application form to begin.

We’re located at 2245 Texas Drive, Suite 300, Sugar Land, TX 77479.

Visits to the office are limited, subject to an appointment, and on an as-needed basis as determined by your loan officer.

We do not have an open-door office visit policy due to the COVID-19 situation for our mutual health and safety.

Unfortunately, we do not offer business financing. We can only help you with residential purchases or refinance loans as a primary residence or as an investment up to a 4-unit building.

Anything greater than a 4-unit residential building will require a commercial loan.

Using a broker gives the following advantages of a big box bank:

  1. More competitive rates
  2. Less corporate structure and roadblocks
  3. Fewer paperwork demands and restrictions on the use of paperwork or source of funds
  4. Better access to the underwriter who is the final decision maker on the loan.
  5. Faster closing

The short answer is “Yes”. You do not need to be a US Citizen to own a home. However, we’ll need to review your immigration status and dates around the same to determine if you would qualify and for what rate and terms.

Some lenders may have strict guidelines, while others may have a more flexible stance. But the bottom line is we’ll not know with 100% certainty without reviewing your particular situation.

This is why you should start by completing our initial loan pre-application form so that we may learn more and guide you accordingly.

We have funded loans from between 12 days of starting the process to 60 days. This typically depends on your personal situation, availability, and response to conditions as well as the seller’s situation and status of the appraisal report and any other 3rd party dependencies.

There is no such thing as a comparison rate. There is a base rate which is where all other rates are derived from, and then there is the effective rate which is calculated based on your circumstances, property details, credit scores, and the cost of closing the loan.

We offer pre-approvals based on your particular situation, and not that of your friend, family member, or neighbor who may have a better or worse rate than you are being quoted for all the reasons mentioned above.

Yes, we could give you a lowball rate to get you to commit to doing your loan with us but were don’t need the headaches and conversation which will typically follow once your situation is confirmed.

If you’re ready to apply for your home loan, please complete our short pre-application to get started

This is a great question and has little to do with your preference and more to do with the math.

First, you need to do some basic affordability calculations to determine how large of a home you can comfortably afford, then you’ll need to review your short and long-term financial commitments to determine the price of the home, offer, and downpayment which then determines how much you can or should borrow.

The rate is only guaranteed for the time frame the rate is locked. The longer the lock, the greater the cost of locking it. The shorter the lock, the better the pricing you’ll receive from the lender.

Rates change on a daily basis and are not guaranteed. We will only lock a rate once a borrower has submitted all the necessary documents and we’ve done our own internal pre-underwriting due diligence.

If the rate lock expires, you will have two options as follows:

  1. Extend the lock and pay a premium for the number of days you wish to extend the lock
  2. Let the lock expire and run the risk of a higher rate or in rare cases a lower rate

It’s best to lock the rate based on other factors which you may not be in control of such as an appraisal or other 3rd party service.

Every lender has its own rules and conditions on eligibility. Our goal is to package your loan application to meet all eligibility conditions based on the elder offering the best rates and terms for your specific situation.

As a rule of thumb, the following are basic requirements no matter who the lender is:

  1. 2 years of consistent employment in the same field or industry
  2. Last 4 pay stubs
  3. Seasoned funds in excess of 2 months
  4. Proof of source of funds as required
  5. Last 2 years of tax returns
  6. and other similar documents based on the type of loan you are trying to secure

Each lender will provide specific details on how you can make your installments and how to set up automatic payments.

Generally speaking, they will request your banking info and obtain a letter of authorization to debit your account a preset amount at a predetermined date.

Yes and No.

In some cases, the lender pays us for originating the loan and it’s a fixed rate.

In other cases, we may charge the borrower directly if it gives the most credit to the borrower.