Houston Mortgage Program

Benefits of Loan Programs

Houston FHA Loan

• Competitive Houston mortgage rates.

 

• FHA qualification is more flexible than conventional loan qualification.

 

• Low down payment of 3.5%*.

 

• FHA credit requirements are lower.

 

• FHA 203k Rehabilitation loans enable homeowners to add upgrades and improvements.

VA Loan Houston

•  100% financing with no down payment.

 

• Mortgage amount can be higher than $417,000 with down payment.

 

• Closing costs can be lower than other Houston mortgage options.

 

• No mortgage insurance premiums for VA loans.

 

• VA gives you the right to prepay without penalty.

USDA Loan Houston

•  Finance up to 102% loan-to-value.*

 

• USDA has lower FICO credit score requirements.

 

• There is no monthly mortgage insurance.

 

• Roll closings costs and prepaid into the USDA loan (maximum is the appraised value of the property).

 

• USDA has fixed rate financing available.

 

• There is no loan limit with USDA loans.