The Professional Home Loan Agency In Dallas, Texas
INVESTING IN DALLAS
Prodigy Lending has accumulated over seventeen years of excellence in the field of mortgage and home loans. With over 50,000 satisfied clients and over 10,000 recommendations, it is easy to trust us. Here at Prodigy Lending, we put our clients’ needs first and do our best to get you the best home loan program for you. Besides, we value our staff and we have been given recognition as the Top Work Place since the year 2011.
We have four main loan programs, which are:
Conventional or Traditional Home Loan
This program is suitable for you if you are of good financial standing with a minimum credit score of 620. This is because this program is of a high-risk nature as it is not insured against default by the government. This type of loan is also strict on the requirements and it is offered by private lenders. This loan program is particularly suitable for you if you wish to take up a loan for an investment property.
This loan program is suitable for you if you are of low to middle-income family or if you have a bad credit history such as bankruptcy. This is attributed to the fact that lenders are a bit more lenient with applicants and the requirements are easy to meet. However, mortgage insurance is a bit costly for some people. In Dallas, Texas, their requirements for the FHA loan as well as the loan limits are easily accessible but the loan limit depends on the type of property to be bought or refinanced.
VA Home Loan
If you are a veteran, an active member of the military or an approved spouse looking to settle in Dallas, then this loan program is for you. With no down payment required and 100 percent financing, this program will get you the property you wish to buy. This program is very specific but has very great characteristics. A certificate for eligibility for this loan is also required and may be applied for online or through a VA (Veteran Affairs) approved lender.
USDA Home Loan
The United States Department of Agriculture also insures loans for families that would like to settle in rural areas or suburbs. Similar to the VA home loan, this loan program requires no down payment and has 100 percent financing. Many people are unaware of this program but it is very accessible and easy to qualify for. This loan program can be used to buy or upgrade the property.
On our website, you can learn more about the different loan programs and more about mortgages We also make it possible for you to get a quick quote on our website. For any further inquiries, feel free to contact us or make a visit to our offices during working hours and speak to our professional team.
Don’t hesitate to contact us for more home loans information!