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Texas Home Loan Team
at Prospect Mortgage
QUICK FHA Loan Quote
Home Loan Programs
Home Loan Process
We do business in accordance with the Federal Housing Act and the Equal Credit Opportunity Act and do not discriminate on the basis of race, color, national origin, religion, sex, age, income, handicap or familial status.
Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403. Prospect Mortgage, LLC (Unique Identifier #3296) is a Delaware limited liability company licensed by the Department of Corporations under the California Residential Mortgage Lending Act and operates with the following licenses: AK Mortgage Lender License #100251; AZ Mortgage Banker License #BK0903027, #BK0909362, #BK0908046, #BK0908050, #BK0908056, BK#0908057, #BK0908058, #BK0908731, BK#0903112, BK#0903912, BK#0906650, BK#0906913; To check the license status of your CO mortgage broker, visit www.dora.state.co.us/real-estate/index.htm; GA Residential Mortgage License #16984; IL Residential Mortgage Licensee #6424; MA Mortgage Lender/Broker License #MC2011; MS Licensed Mortgage Co.; MT Residential Mortgage Lender Licensee #120; NV Division of Mortgage Lending Mortgage Banker #1173 and Mortgage Broker #3095; Licensed by the NH Banking Dept.; Licensed Banker-NJ Dept. of Banking and Insurance #9932415; Operates as Prospect Lending, LLC in NY (Licensed Mortgage Banker-NYS Banking Department); Operates as Prospect Mortgage, LLC of Delaware in OH (Ohio Mortgage Broker Act, Lic # MB.803629.000); OR Mortgage Lender Licensee #ML-2006; PA Dept. of Banking license #1740; RI Licensed Lender #20021343LL, Broker #20041643LB; licensed by the VA State Corp. Commission as MC-2195. This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law.
HomePath is a registered trademark of Fannie Mae.
Disclosure last updated March 30, 2010
Call Us Today! 817-328-1307
850 E State Hwy 114, Ste 100
Southlake, TX 76092
FHA Home Loans
Federal Housing Administration (FHA) is a great loan program for home buyers that are looking for a home loan to purchase a primary residence with little money down.
FHA home loans requires little down from the home buyer. Also, the seller can contribute towards the buyer's closing cost.
FHA home loans also offer home buyers competitive rates.
FHA home loans do require an upfront MI fee. The upfront MI fee can be financed by the FHA home loan.
FHA home loans do require escrow accounts (Taxes and Insurance).
Currently, our required minimum FICO score for a FHA home loan is 620.
FHA home loans have maximum loan limits that are set up the U.S. Department of Housing and Urban Development (HUD). For more information about FHA and HUD, please visit their website at www.fha.gov
Contact our office for more information about this loan program.
Quick Additional FHA Home Loan Information
DFW Area maximum loan limit: $271,050
$100 Down FHA Home Loan
The $100 down FHA home loan program is designed to help home buyers who are looking at purchasing a HUD home. The home that is being purchased must be a HUD home in order to qualify for the $100 down FHA home loan program.
The buyer is still responsible for paying for the closing cost and prepaid items at closing.
Contact our office for more information about this loan program.
Begin the FHA Home Loan Process Today!
