FHA

Own your dream home with ease through an FHA loan. Backed by the Federal Housing Administration, this loan is perfect for first-time buyers or those needing flexible credit and down payment options.

Affordable Homeownership

FHA loans are an accessible choice for first-time homebuyers or those with limited savings. With low down payments starting at 3.5% and more lenient credit requirements, these loans make homeownership achievable for a wide range of borrowers. Backed by the Federal Housing Administration, FHA loans provide competitive interest rates and mandatory mortgage insurance, which adds an extra layer of security for both lenders and borrowers. In addition to purchasing a home, FHA loans offer unique refinancing options, such as FHA Streamline Refinance, which helps lower monthly payments and interest rates with minimal paperwork. Borrowers may also use FHA loans to finance energy-efficient home upgrades, improving property value while reducing utility expenses. With flexible terms and a strong focus on affordability, FHA loans empower individuals to become homeowners and maintain sustainable living over the long term. This loan option also supports adjustments as financial needs change, ensuring that buyers can achieve lasting success.

Understanding the Home Loan Process

We’re here to guide you every step of the way, making each phase of the home loan process clear and straightforward.

Application & Pre-Approval

We begin by submitting your application and securing pre-approval from your lender. During this step, your financials, credit history, and loan eligibility are assessed. Pre-approval determines how much you can borrow and shows sellers you’re a serious buyer ready to make an offer.

Offer Accepted

Once your offer on a home is accepted by the seller, the real work begins. This milestone means that you’ve agreed to a purchase price, and your loan process moves forward. You’ll start working with your lender to finalize your financing, as both you and the seller move toward closing.

Processing & Underwriting

Once an application is submitted, the processing team reviews your documents and information. The underwriting process involves an evaluation verifying the accuracy of your financial details and assessing the risk associated with your loan. This step may require additional documentation.

Appraisal

An appraisal is conducted by a professional appraiser to determine the current market value of the property you intend to purchase. This step ensures that the property is worth the amount of money you are borrowing and provides the lender with confidence in the collateral for the loan.

Final Approval

After the underwriting and appraisal are complete, the loan receives its final approval. At this stage, the lender ensures that all conditions have been met, and all required documentation is in order. Once this is done, the loan is ready to close, and you’re just one step away from owning your new home.

Signing & Getting Keys

In the final step, you’ll sign all the necessary documents to officially complete your home loan and transfer ownership. This includes reviewing the final loan agreement and closing paperwork. Once everything is signed and the transaction is finalized, you’ll receive the keys to your new home!

Still have questions about loans or our process?

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Are You Ready to Start Your Journey Today?

Whether you're buying, refinancing, or exploring loan options, we're here to guide you every step of the way. Let’s find the right solution for you.

FHA

Accessible financing with low down payments and credit score requirements.

All loans subject to credit and property approval. Interactive calculators are self-help tools. All examples are hypothetical and are for illustrative purposes only. Rates are not guaranteed until locked, and are subject to change without notice. The information here is not legal, tax or financial planning advice; please consult an appropriate licensed professional.

TX Disclaimer: Consumers wishing to file a complaint against a banker or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
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