The Low down on
First Time Home Buyer Mortgage Rate
Purchasing your first home is a significant milestone, and finding the right mortgage is crucial to making your dream a reality. As a first-time homebuyer, you have access to various mortgage options designed to simplify the process and make homeownership more affordable. Our team is here to guide you through every step, from pre-approval to closing, ensuring you understand your options and feel confident in your decisions. With competitive rates and tailored loan programs, we make it easier for you to secure financing that fits your budget and goals.
One of the key benefits available to first-time homebuyers is the availability of government-backed loans, such as FHA and VA loans. These programs offer lower down payment requirements and more lenient credit criteria, making it easier for those who may not have perfect credit or substantial savings to qualify. Additionally, state and local programs often provide down payment assistance and grants specifically for first-time buyers. Our experienced mortgage brokers will help you navigate these options and find the best program to suit your needs.
- Complete our 15 Year Fixed Rate Mortgage Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
You ask, we answer
We know the mortgage process can be tricky. Here’s some questions people like you have asked us in the past.
At Houston Mortgage Loans LLC, we are dedicated to providing you with a comprehensive online platform for tailored mortgage solutions. Our commitment to integrity ensures that you receive prompt customized quotes and competitive rates. With our user-friendly tools and expert guidance, we strive to simplify the home loan process and assist you every step of the way. Experience a smoother journey towards homeownership with Houston Mortgage Loans.
Houston Mortgage Loans LLC proudly holds the esteemed position of being a diamond partner with the nation’s largest wholesale purchase lender. This partnership translates into remarkable advantages for you, including the quickest turnaround time and access to an exceptional platform that ensures a consistent and successful loan closure. With an average closing time of just 12 days, we prioritize efficiency without compromising quality.
Safeguarding your personal information is of utmost importance to us. We prioritize the highest level of security measures by employing bank-level encryption and conducting continuous monitoring of our website to ensure its safety. Rest assured, we are committed to never selling your data or utilizing it for any purpose other than assisting you succeed.
Mortgage rates are subject to daily fluctuations and are influenced by individual circumstances. However, by initiating your application online, you will consistently receive our most competitive rates. Take advantage of this opportunity to access today’s rates and learn how rates are trending: get your free quote today!
Houston Mortgage Loans LLC is best for people who have a credit score of 620 or above and are ready to buy, sell, refinance, or build their dream home.
Do You Qualify?
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of “43/49.” This means that no more than 43% of your total monthly income (from all sources, before taxes) can go toward your new mortgage payment, and no more than 4 late payments.