How HomeTown Lending Offers Some Of The Most Competitive Mortgage Rates In DFW
Hometown Lending has worked with our team many times over the years to help offer very competitive lending options to individuals and families that are moving to Dallas and Fort-Worth. Wether you are looking for your first home, a rental property or just refinancing; Hometown Lending will offer you some of the most competitive mortgage rates in DFW.
Why We Think HomeTown Lending Truly Offers Awesome Home Loans In DFW
“I’ve been teaming up with Aryan Jafarzadeh for several months now, and it has been quite an impressive partnership. We actually crossed paths through a friend we both know, trust, and respect in the industry .From the beginning, Aryan and I hit it off. We both share a strong drive to help others and a “no-matter-what” attitude. Our passion for what we do pushes us to go the extra mile to make sure our clients have a smooth ride to closing.
Aryan has quickly become a trusted ally in the dynamic world of mortgages. His unyielding dedication and resolute approach have proven pivotal in streamlining the mortgage process, fostering efficiency for my clients. The feedback I receive from my clients is consistently exceptional, with continual praise for Aryan’s exceptional work on making their dream of homeownership a reality. Their feedback always includes praise of Aryan’s expertise and professionalism.
While his industry reputation and track record are commendable in their own right, I find it imperative to offer my personal endorsement. Aryan embodies the kind of mortgage partner any realtor aspires to work with – tireless in his efforts, unceasing in his commitment to bring transactions to fruition. He is always able to get along with all of my clients no matter what their background or preferences in communication are. I appreciate that he always makes sure to keep me up to date on all transactions. This is critical to making sure the homebuying process is not only smooth but very fast. His extensive and diverse portfolio of lending products allows him to help clients from all demographics and financial situations.
Without reservation, I will continue to work and recommend Aryan Jafarzadeh and his remarkable team at HomeTown Lending as a stress free and smooth home buying experience for those looking to buy residential or commercial properties, especially for those in the current state dynamic market.“
TALYN PROVO
CREATOR OF MOVING TO DFW TX
Types Of Competitive Mortgage Rates In DFW Offered By HomeTown Lending
HomeTown Lending and their team of licensed loan officers offer multiple options for getting a competitive rate.
Hometown Lending proudly offers VA Loans, a special program designed exclusively for veterans, active-duty service members, and surviving spouses. These loans come with competitive interest rates and often require no down payment, making homeownership more accessible for our nation’s heroes.
- VA Loans Require No Down Payment
VA must be a veteran or surviving spouse
You can have more than 1 VA loan
For those who might be seeking a more flexible lending solution, HomeTown Lending offers the FHA Loan option. Backed by the Federal Housing Administration, these loans are known for having lenient credit requirements and a lower minimum down payment, catering especially to first-time homebuyers. Let HomeTown lending be your choice for the most competitive mortgage rates in DFW.
- Only Requires 3.5% Down
- Strictly For First Time Buyers
- Higher rates but no PMI
- Must be self-employed for at least 1 year
- We can take up to 80% of monthly deposits and use it as income
- No more TAX RETURNS needed
- Need 10% down minimum
- Band aid loan to get borrower in home and refinance when returns
look better
HomeTown Lending offers the most competitive mortgage rates in DFW when it comes to Downpayment Assistance.
- Can go up to 57% DTI
- FHA can only be used for primary residence
- Will cover down payment but not closing costs
- Higher rates than your traditional FHA loan
- Must have above 620 credit
- New FHA loan limit is 531,300 (For most of the counties near
us)
- Traditional VA and FHA Rates
- Can be utilized when buying a property that needs work
done to it - The buyer can finance the renovation into the loan
- Appraiser goes based off the ARV (After Repair Value)
- Repairs that can’t be financed:
- Luxury improvements such as a swimming pool or
hot tub - Improvements that are not permanently affixed to
the property, such as appliances and furniture - Repairs that require structural changes or additions
to the home - Repairs that are cosmetic in nature, including
painting and wallpapering - Landscaping projects
- Luxury improvements such as a swimming pool or
No Income Loan
Only for investments properties
Property is qualified based on the
future rents of the propertyBorrower must also own a primary
residenceThe ratio must be 1:1 or greater for
best ratesRates are about 2 points higher than
your conventional mortgageExcellent option for investors who
don’t show enough income but have a
lot of assetsMinimum 20% down
Credit must be 660+
HomeTown Lending offers a great program for people outside of the US looking to invest stateside.
No social or ITIN needed
Must have a visa or passport to show you can
come to the USPerfect for out of country resident looking to buy
real estate in the USInvestment property purchase
Must have 25% down with 12 months reserves
Property is qualified by future rents of the
propertyMust have 1:1 ratio or greater
Meet The Team Offering The Most Competitive Mortgage Rates In DFW
HomeTown Lending has a great team of licensed MLO’s that are willing to assist will all of your lending questions. If you are looking for competitive mortgage rates in DFW, this is the team to talk to!
Aryan Jafarzadeh
CO FOUNDER
Gregory Franks
CO FOUNDER
