Lending

At Move2HoustonTexas.com, we understand that financing is a crucial step in the home-buying journey. That’s why we’ve partnered with trusted lenders that offer a variety of loan programs tailored to fit your unique needs. Whether you're a first-time homebuyer, upgrading to your dream home, or investing in real estate, we’ll help connect you with the right lending solutions.
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Our team is here to guide you through every step of the financing process, ensuring you make informed decisions that align with your budget and goals.
Ready to explore your options? Contact us today to get started!
80/15/5
This loan has 2 mortgages:
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First Mortgage: Covers 80% of the home's purchase price
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Second Mortgage: Covers 15% of the purchase price
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Down Payment: You provide a 5% down payment.
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This structure allows you to avoid paying private mortgage insurance (PMI) on a conventional loan when putting down less than 20%,
Down Payment Assistance
Down payment assistance programs offer financial help to homebuyers, reducing the amount of cash needed upfront to purchase a home. These programs can take various forms, including grants, loans, or deferred second mortgages, and are often available through government agencies, lenders, or non-profits. There are statewide and city/county specific programs​.
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FHA 203K
Allows borrowers to finance both the purchase or refinancing of a home and the cost of renovating it in a single loan. It's particularly useful for homebuyers who want to make improvements to a property they're buying or refinancing.
It's also known as a mortgage rehab loan or renovation loan.
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Still only one payment per month (mortgage and improvements)
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This loan qualifies as assumable
USDA
A USDA home loan is a mortgage backed by the U.S. Department of Agriculture, designed to help individuals purchase homes in rural or eligible areas. These loans often offer zero down payments and can have lower interest rates than conventional loans. They are particularly attractive to borrowers with lower incomes who might struggle to qualify for traditional mortgages.​
DSCR
DSCR (Debt Service Coverage Ratio) loan allows investors to qualify for a mortgage based on the property's projected rental income, rather than the borrower's personal income.
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Lenders assess whether the property's rental income can cover the mortgage payments, taxes, insurance, and other operating expenses.
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1 Time Closing Construction Loan
This construction loan finances the costs of building your own home. It's separate from a traditional mortgage and cover specific building costs including materials, labor, land, and utilities. You can combine your construction loan with your mortgage loan for one manageable loan.
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Single closing
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Low down payment
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Fixed interest rates
1099 Borrowers
Instead of relying on traditional tax returns or W-2s, lenders offering 1099 loans use the borrower's 1099 forms to verify income and assess their ability to repay the loan. Some lenders may also require bank statements or other documentation to further demonstrate a stable income stream.
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This type of loan is particularly helpful for those who may have difficulty qualifying for a traditional mortgage because their income isn't reported in the usual way.​ (Non-QM Loan)
Non-QM Loan
A Non-Qualified Mortgage (Non-QM) loan is a type of mortgage that doesn't meet the strict requirements of a Qualified Mortgage (QM) set by the Consumer Financial Protection Bureau (CFPB). These loans offer more flexibility in terms of income verification, credit scores, and loan features, making them an option for borrowers who might not qualify for traditional QM loans.
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Medical Professional Mortgages
This loan is focused towards Medical Residents, Fellows, and Established Medical Professionals.
​This special lending option will allow you to purchase, refinance, or cash-out refinance on your primary and secondary home.
Also, you can:
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Eliminate mortgage insurance
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Little to no down payment
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Purchase warrantable and non-warrantable condos
Conventional Loan
A conventional loan is a type of mortgage that isn't backed or insured by the government. Instead, it's backed by private lenders, like banks and credit unions, and may follow guidelines set by organizations like Fannie Mae and Freddie Mac. Conventional loans can be further categorized into conforming loans (meeting Fannie Mae/Freddie Mac standards) and non-conforming loans (not meeting those standards).
FHA Loan
An FHA loan is a type of mortgage insured by the Federal Housing Administration (FHA), a government agency. This insurance allows lenders to offer more flexible terms, such as lower down payments and less strict credit requirements, making homeownership more accessible to a wider range of borrowers, including first-time homebuyers.
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First-Time Home Buyer
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First-time homebuyers are also recognized as a buyer who has not had a home in their name within the last 3 years.
