BEST HOME LENDERS IN DFW
THE MOVING TO DFW TEAM BRINGS YOU THE BEST HOME LENDERS IN DFW
Looking for home loans? We understand that looking for the best home lenders in DFW can be a difficult task. Instead of sifting through page after page of lenders and their offerings, try using one of the lenders that helps us get our clients homes on a regular basis. These lenders offer exceptional customer service and truly care about everyone that they assist in ascertaining a mortgage.
WHO ARE THE BEST HOME LENDERS IN DFW
Out of all the lenders that the Moving To DFW Team has worked with over the years, two lenders truly outshine the competition. Both InstaMortgage and HomeTown Lending have continued to offer our clients some of the best mortgages in Dallas and Fort-Worth.
DFW LENDING FAQS
An FHA loan is a special type of loan that helps people buy homes. It’s backed by the government, which makes it easier for people with lower credit scores or less money for a down payment to get a loan. With an FHA loan, you can often buy a home with a smaller down payment and more flexible credit requirements.
A VA loan is a type of loan designed to help veterans, active-duty service members, and some military spouses buy homes. It’s backed by the government and offers benefits like no down payment or lower interest rates. VA loans are a way to say thank you for serving the country by making it easier to become a homeowner.
A DSCR loan is a type of loan mainly for business properties. It looks at how much money the property can make compared to the loan payments. This helps lenders decide if the property can pay for itself and the loan. It’s like making sure the property can support its own costs.
A Bank Statement loan is a type of loan for people who have irregular income or are self-employed. Instead of using traditional pay stubs, it looks at your bank statements to show your ability to repay the loan. It’s a way for people with non-traditional income to still get a loan for a home.
A Down Payment Assistance loan is a type of loan that helps you with the money needed to buy a home. It’s usually for people who might not have enough savings for a big down payment. This loan can make it easier to become a homeowner by giving you extra help with the upfront costs of buying a house.
Generally, a credit score around 620 or higher is sought for Dallas mortgages, but options exist for various credit profiles.
Dallas homes often require around 3% to 20% down payment, with programs helping lower this barrier for some. Some lenders offer downpayment assistance or even options for no down payment with certain lending programs.