ALL YOU NEED TO KNOW CONCERNING US
Through mortgages, many people have been in a position to buy homes. We at prodigy lending are specialist in this area. Our team is made up of people who are fit to be called professionals in terms of the mortgaging sector. We are proud to be the best in dealing with home loans in San Antonio. Being able to offer our clients the best services when it comes to all mortgaging issues. Our team of professionals will come as an added advantage when you are ready to secure your loan considering that there are a wide variety of loan programs and low rates in the area you may be coming from. our team of professionals are very experienced and will work with you to ensure that you get the home loan that is best suited for you. Your loan rate will also be as low as possible.
THE BEST HOME MORTGAGES FOR YOU
Conventional loans are a type of loan that we can help you secure but just like other loans, it has some requirements which must be met in order for you to be eligible. The down payment necessary is very low. One will be required to make a three percent down payment so as to have a chance. Although premium mortgage insurance is necessary, it is lower compared to the FHA loan program. The repayment terms are also very flexible and can be as long as ten years’ repayment plan. The credit score and interest rates are very low. Another added advantage is that this type of loan does not require any lender fees.
Federal housing administration home loan is also available. FHA home loan in San Antonio offers a 3.5 percent down payment which is slightly higher compared to conventional loans. It’s also very easy for one to qualify for the loan. The interest rates are also very low which means that they are very attractive. This type of loan also comes together with rehab loans. For you to be eligible for this loan, your debt to income ratio should be high.
Another home loan available in San Antonio is the VA loan. when you go for this type of loan, it means that a 100% financing is available. This means that you will not be required to pay anything. Like the conventional loan, it does not require any mortgage insurance. The closing cost associated with this loan is lower. It’s also very easy to qualify for this loan and also it offers the best rates considering it’s a government loan.
USDA home loan also offers complete financing. Low interest and down payment are also available. The required mortgage insurance cost is low. We aim at maintaining a good relationship with our clients. privacy is also very important to us and your information is safe with us.
You can contact us anytime by giving us a call and you will be able to speak to our profession.