Skilled Home Loan Consultant, Lending Agency & Mortgage Broker In Little Elm, TX

Conventional Rates

4.125 %

4.210 %APR

30 YEAR FIXED

Low Fixed Rates For 30 Years

FHA Rates

3.625 %

3.798 %APR

30 YEAR FIXED

Minimum of 3.5% Down

VA Rates

3.625 %

3.721 %APR

30 YEAR FIXED

100% VA Loan With No Private Mortgage Insurance

USDA Rates

3.875 %

4.101 %APR

30 YEAR FIXED

100% Financing In Rural Areas

"Rates, terms, and fees as of 11/19/2019 and subject to change without notice."

First-Time Home Buyer in Little Elm, Texas

For a first time home buyer Little Elm offers a wide range of housing choices to fit any pocketbook. Home ownership is the American dream but finding the right home in the right neighborhood at the right price can be a challenge. And then, you need to get financing with a mortgage rate that does not eat up all of your paychecks. Luckily, if are worried about the down payment as a first time home buyer Little Elm offers ways to make it work for you.

Little Elm First Time Home Buyer Programs

There are programs in the Little Elm area to help first time home buyers. The first to consider is HCDD which is Little Elm’s Housing and Community Development Department. This program offers assistance via HAP, the Home-buyer Assistance Program in Little Elm. It helps families in the low and middle-income range. For those who qualify, monies can be used for the down payment, buy-down on principal, or closing costs.

Housing and Community Development Department of Little Elm HAP Program

For US citizens and permanent US residents, the HAP program can help if you are a first time home buyer or have not been a homeowner for at least three years. Also, to qualify the family must not have more than $15,000 in total assets. Only fixed rate mortgages qualify for this program. Folks can get as much as $30,000 from this program if they meet the qualifications such as falling below the 80% level of median income in the Little Elm area and buying a home that lies within the City of Little Elm for tax purposes.

Affordable Housing Corporation of the State of Texas

Also, for a first time home buyer Little Elm has a non-profit organization that can help out. It is TASHA or the Texas State Affordable Housing Corporation. These folks have the mission of serving low-income families and individuals by helping them get into affordable and decent housing. They commonly come into the picture when other agencies cannot help.

Using private donations, TSAHC provides help with down payments, mortgage loans, and mortgage credit certificates. Their Homes for Texas Heroes Loan Program is especially for veterans, EMS workers, teachers, firefighters, correctional workers, and police. And, their Homes Sweet Texas Home Loan Program provides a 30 year fixed rate loan for eligible Little Elm home buyers. This is a grant, so the family does not need to pay it back.

Free Homebuyer Education Classes in Little Elm

Perhaps the most important thing for a first time home buyer in Little Elm is to their homework. An excellent idea is to take advantage of one of the classes for home buyers in the Little Elm area. Learn about how large of a mortgage you should take on with your salary. Learn about the various assistance programs that make home ownership possible for those who otherwise could not afford their own home. Do your homework first. Look into financing before even looking at property. That is a good route to take for a first time home buyer in Little Elm or anywhere.

Best Mortgage Rates in Little Elm Texas

Stop dealing with multiple lenders. We have the best Texas Mortgage Loan Rates here. We have loan specialists and loan processors that streamline the lending process. It is as easy as 1, 2, 3!
  • 1st – Preliminary Assessment – Let’s see how much you qualify for.
  • 2nd – Appraisal Report – Let’s find out the value.
  • 3rd – Approval and Closing – We can close your file in 30 days or less!

How much can you qualify for?
Right here and now you can find out how much you qualify for in 10 minutes or less!
  • See exactly how much you can qualify for instantly!
  • Work with our award-winning team of local Loan Specialists.
  • Let us help you close your loan in 30 days or less.
“I was worried about loan process time and approvals, but everything was explained to me with professionalism and ease.” – Ericka L. – 2015
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“I just wanted to say thank you for your help walking me through the process of purchasing my home. I closed today and everything was great. I really appreciate your work and effort in informing me about the process and helping me become a first-time homeowner.” – Will W. Client – 2015
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    Mr. Nicodemus is someone to trust, I had the pleasure to meet him. He is great as a Consultant and as a person that really … View more »

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Crucial Ideas on Prodigy Lending in Little Elm, Texas

 

Little Elm first time home buyers are lucky to have Prodigy Lending team. It consists of professionals in mortgage and is widespread in the United States. This team is focused and highly committed to ensuring the provision of quality mortgage service to numerous customers in Little Elm and other territories. With the help of many mortgage programs and low-interest rates, these highly trained and experienced professionals will work with clients one on one making sure that they get a program that is tailored to meet their specifications and expectations. Whether a client is buying a new house, consolidating debt or refinancing an existing loan, they will help him or her find the most preferred loan program with the lowest rate possible.

Are you looking for a Little Elm first time home buyer program? Here, find the best mortgage program. 

FHA Mortgage Program

This program offers the following:

  • Easy Qualifications
  • Rehabs Loans 
  • Low-interest rates
  • High debt to income ratio
  • Low Deposits of about 3.5%
  • Zero limits on the amount of mortgage
  • Ability to refinance with FHA streamline Mortgage Refinance Loan

Conforming Home Loans

It most recommended if the buyers are not sure of their credit score or have financial challenges not enabling them to make a down payment.

  • About 3% down payment
  • No Mortgage fee required
  • Flexible terms 
  • Low PMI as compared to FHA

USDA Home Loan Program

This loan is given to first home buyers in Little Elm willing to relocate to rural areas or suburban regions.

  • Offer 100% Financing 
  • Low-interest rate
  • No down payment 
  • Low Mortgage Insurance Cost 
  • Must invest in rural for qualification

VA Home Loan Program

Mostly rendered to Little Elm first time home buyers military service personnel.

  • Provides almost 100% financing 
  • Low closing cost
  • Ease of qualification
  • Reliable rates 
  • No mortgage insurance

The prodigy team has an ultimate set goal which is to create an unbreakable relationship with its clients. By doing so, it will continue providing award-winning services for many decades. 

In addition, it handles customer information with confidentiality unlike other mortgage companies out there. The result is, its name is entrusted throughout the lending community. 

To directly address an issue with an experienced professional, clients are advised to call at any time as well as freely utilize interactive tools provided throughout the site. 

Prodigy Lending Team Has Been Offering Quality Service for Almost Two Decades

Get Pre-Approval Process Commenced

The team of mortgage experts is proud and honors to have been awarded the best workplace for about eight years. It is as well committed to excellence in the workplace and honor receiving the recognition. 

Find Best Mortgage Rates

It offers the lowest mortgage rates available and various low-cost home loans enabling a client to refinance or purchase. 

Willing to refinance a lower home loan or buy a new home?

Nowadays, mortgage rates are offered according to market conditions. Since it often changes, kindly fill the application form and get a quick no-obligation quote.

Please contact us if you have any questions!

Mortgage Lenders In Plano Texas Catering To FHA Loans And First Time Home Buyer Programs