If you are one of those home buyers who does not have the minimum down payment requirement with Conventional, then a TexasUSDA home mortgage loan may be for you. USDA home mortgage loans are offered to help lower to moderate income households purchase homes in rural areas and in some cases on the outskirts of a city or in a medium sized town as determined by the United States Department of Agriculture (USDA) with NO DOWNPAYMENT requirement! USDA home mortgage loans offer many advantages to qualified borrowers looking to buy or refinance (no cash out) including:
• 100% financing
• No monthly mortgage insurance
• No asset requirements
• Gifts allowed for closing costs
• Required property improvements can be financed into the loan up to 102% of the "improved" value, which can be completed after closing.
You should enjoy the benefits of working with a Texas USDA Mortgage Banker!
• We are a Direct Fannie Mae Endorsed Bank
• Have a Paperless loan process with our E-Sign technology
• Have In-House underwriting and processing, which allows us to have control of our loan process from mortgage pre-approval all the way to closing.
We offer the best USDA interest rates and most competitive closing costs when it comes to your home loan in Texas. If you’re looking for mortgage tips when buying a home in Texas , you have come to the right place . We look forward to answering all your questions and are here for you every step of the way.
Eligible USDA property types include single family homes and condominiums (primary residence only). USDA does have some income and property eligibility requirements. Please contact us to find out these limits in your area of interest.
Even though a mortgage insurance premium is not required, USDA charges a 2% funding fee to guarantee the mortgage, which may be financed into the loan.
USDA Loan Texas .com makes it EASY to get started. Fill out the form below, and we will be glad to help you with all your Texas USDA Mortgage needs!
What is a USDA Loan? A Texas USDA Mortgage Loan provides a a way for new potential homeowners in Texas to be able to buy a home with no down payment.
The United States Department of Agriculture offers several different USDA Home Loan Refinance Programs. We are here to provide you with a variety of options in order to accomplish your USDA refinance goals. If you are considering a USDA refinance of your current loan to lower your interest rate, or restructuring your payment and equity objectives, USDA Loan Texas.com can help you with your USDA Loan Refinance and present you the most viable and beneficial options in the marketplace. It is important to be aware of USDA current interest rates to ensure that you will be able accomplish your financial goals with a USDA mortgage refinance.
If you are having trouble meeting your monthly mortgage payments, a USDA mortgage refinance can help. Let us help you find the solution to your needs. More information on USDA Refinances.
USDA Loan Texas.com specializes in servicing first time home buyers. A USDA mortgage offers many advantages, as it is very popular with first time homeowners, so you should expect lower interest rates and NO DOWN PAYMENT in relation to a conventional residential home loan.
Exciting things are happening with USDA home financing - USDA is only 1 of only a few options left for true 100% financing and you'll want to stay up-to-date with changes in loan limit increases, and USDA Mortgage news, so feel free to subscribe to our USDA blog below.
We make the process of purchasing a new home or refinancing your current mortgage simple and straight forward by offering you the latest in financial tools set forth by the best banks in our country. This will enable you to make the most accurate financial decision. Purchasing a home or refinancing your current mortgage should not be stressful. Please contact us for up to date rates and any other mortgage questions or apply now.
If you are looking for an Austin USDA Lender, Houston USDA Lender, Dallas USDA Lender, or San Antonio USDA Lender, you have come to the right place!
A USDA Guaranteed Loan is a Government insured 100%, no down payment, purchase loan. These loans are only offered in rural areas and serviced by direct lenders that meet federal guidelines. We service these loans.
Tommy is the Professional's Professional. Having spent nearly 20 years with American Airlines (the last 6 as Director of Quality & Customer Service for the whole corporation) I know this level of service doesn't happen by accident. It takes the dedication, support and focus from all levels of the organization in making customer service a priority. Tommy is one of those rare individuals in today's world that any company would be proud to have as a team member. He is a great asset to his organization.
Equal Housing Opportunity, AmCap Mortgage, Ltd. (NMLS 129122). Texas Loan Officer NMLS 220122. USDA Loan Texas.com is not affiliated with any government agencies, including the United States Department of Agriculture (USDA). AmCap Mortgage, Ltd is a USDA Approved Lender.
Serving the following counties: Anderson County, Andrews County, Aransas County, Armstrong County, Atascosa County, Austin County, Bailey County, Bandera County, Bastrop County, Baylor County, Bee County, Blanco County, Borden County, Bosque County, Brewster County, Briscoe County, Brooks County, Brown County, Burleson County, Burnet County, Calhoun County, Callahan County, Camp County, Carson County, Cass County, Castro County, Chambers County, Cherokee County, Childress County, Cochran County, Coke County, Coleman County, Collingsworth County, Colorado County, Comanche County, Concho County, Cooke County, Cottle County, Crane County, Crockett County, Crosby County, Culberson County, Dallam County, Dawson County, Deaf Smith County, Delta County, DeWitt County, Dickens County, Dimmit County, Donley County, Duval County, Eastland County, Edwards County, Erath County, Falls County, Fannin County, Fayette County, Fisher County, Floyd County, Foard County, Franklin County, Freestone County, Frio County, Gaines County, Garza County, Gillespie County, Glasscock County, Goliad County, Gonzales County, Gray County, Grimes County, Hale County, Hall County, Hamilton County, Hansford County, Hardeman County, Hardin County, Hartley County, Haskell County, Hemphill County, Henderson County, Hill County, Hockley County, Hood County, Hopkins County, Houston County, Howard County, Hudspeth County, Hutchinson County, Irion County, Jack County, Jackson County, Jasper County, Jeff Davis County, Jim Hogg County, Jim Wells County, Karnes County, Kendall County, Kenedy County, Kent County, Kerr County, Kimble County, King County, Kinney County, Knox County, Lamb County, Lampasas County, La Salle County, Lavaca County, Lee County, Leon County, Liberty County, Limestone County, Lipscomb County, Live Oak County, Llano County, Loving County, Lynn County, McCulloch County, McMullen County, Madison County, Marion County, Martin County, Mason County, Matagorda County, Maverick County, Medina County, Menard County, Milam County, Mills County, Mitchell County, Montague County, Moore County, Morris County, Motley County, Newton County, Nolan County, Ochiltree County, Oldham County, Palo Pinto County, Panola County, Parmer County, Pecos County, Polk County, Presidio County, Rains County, Reagan County, Real County, Red River County, Reeves County, Refugio County, Reeves County, Roberts County, Robertson County, Runnels County, Rusk County, Sabine County, San Augustine County, San Jacinto County, San Saba County, Schleicher County, Scurry County, Shackelford County, Shelby County, Sherman County, Somervell County, Starr County, Stephens County, Sterling County, Stonewall County, Sutton County, Swisher County, Terrell County, Terry County, Throckmorton County, Titus County, Trinity County, Tyler County, Upshur County, Upton County, Uvalde County, Van Zandt County, Waller County, Ward County, Washington County, Wharton County, Wheeler County, Wilbarger County, Willacy County, Wilson County, Winkler County, Wise County, Wood County, Yoakum County, Young County, Zapata County, and Zavala County.
COMPLAINTS REGARDING A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD BE SENT TO: THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING,
2601 NORTH LAMAR, SUITE 201,
AUSTIN, TEXAS 78705. 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 web site at WWW.SML.TEXAS.GOV.
Certain guidelines and restrictions apply, not all borrowers will qualify and this is not a commitment to lend. Loan terms, products and rates are subject to change without notice and all loans types are subject to credit, underwriting, and property approval. Any mortgage rates displayed are Texas aggregates from a third party, are not indicative of what we offer, may include points and to be used solely for educational purposes.