Now is the time to purchase or refinance your home while rates are at record lows. We will walk you through the process and make it as easy as possible for you.
(click on an item below for more information)
Conventional Home Loan
Conventional mortgages are loans that are not guaranteed or insured by any governmental agency including the VA (US Dept of Veterans Affairs) or FHA (Federal Housing Administration). Conventional loans are predominantly underwritten according to Fannie Mae or Freddie Mac guidelines. "Conforming" conventional loans are $417,000 or less (for most states including Texas) and "Non-Conforming" or "Jumbo" loan amounts exceed $417,000.
Government Home Loan
FHA Loan
The Federal Housing Administration (FHA) was created in 1934 as an effort to bolster home sales during the Depression. By insuring mortgage loans, the FHA relieves private lenders of the majority of non-payment and foreclosure risk associated with the loan.
VA Loan
A VA mortgage loan is guaranteed by the U.S. Department of Veterans Affairs, created and signed into law by President Roosevelt in 1944. A VA loan provides veterans and/or their surviving spouse, parent or child with a federally guaranteed home loan with no down payment.
Other Home Loans Available
Construction
Renovation
Contact:
LISA MORALES
Vice President
NMLS #794973
Universal City
210-659-4000 |
