Welcome to FHA Mortgage New Braunfels, Texas Are you having trouble getting Pre-Approved for a home loan, or having difficulty making your monthly mortgage payments?
We are your New Braunfels FHA loan experts. Whether you are just searching for more information about FHA loans, looking to buy a new house, or needing to refinance out of an Adjustable Rate Mortgage, our experts at FHA Mortgage New Braunfels can guide you in the right direction. Since FHA Loans are backed by the Federal Government, they are Easier to Qualify For, require a Small Down Payment, Do Not Require Perfect Credit, have Better Interest Rates, and they provide Better Home Stability for buyers by helping them KEEP their homes during hard times.
We provide a variety of information if you are considering a refinance of your current loan. You can learn about your refinance options, including an FHA Refinance as well as other types of loan refinances. It is important to be aware of current interest rates to ensure that the value of refinancing out weighs the cost. Do not be discouraged if you believe you have challenged credit. Please contact us for today’s rates or apply now to receive a free quote and free credit report!
FHA Loans offer many advantages. An FHA home loan is a government-subsidized loan that is not only popular with first time homebuyers, but with buyers who have already purchased a home before. FHA refinances are also very popular among home-owners who were initially placed in a high interest rate subprime loan. Subprime loans were initially created for home buyers with below than average credit scores. FHA home loans and refinances are not credit score driven and because of this, it is very attractive for people with not so perfect credit.
Many exciting things are happening with FHA home financing. FHA Modernization is under way and you'll want to stay up-to-date with changes coming up such as down payment requirements and large tax credits given to home buyers. To know the maximum FHA loan limit in your area, please feel free and use our FHA loan limit calculator. To stay updated with FHA news, please join our blog.
Whatever your mortgage needs may be,
we will tailor a loan that's right for you:
· Home Improvement
· Home Equity Loans
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.
An FHA loan is a loan insured against default by the FHA. In other words, the FHA guarantees that a lender won’t have to write off a loan if the borrower defaults – the FHA will pay. Because of this guarantee, lenders are willing to make large mortgage loans. Read More Common Questions and
Answers in our FAQ
Sr. Mortgage Consultant
Mid America Mortgage, NMLS #150009
12001 W. Parmer Ln. Suite 250
Cedar Park, TX 78613
PURSUANT TO THE REQUIREMENTS OF SECTION 157.007 OF THE MORTGAGE BANKER REGISTRATION AND RESIDENTIAL MORTGAGE LOAN ORIGINATOR ACT, CHAPTER 157, TEXAS FINANCE CODE, YOU ARE HEREBY NOTIFIED OF THE FOLLOWING:
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE, SIGN 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 DOWNLOADED AND PRINTED 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 MORTGAGE BANKERS. 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
Information regarding these requirements can be found here: