Ambitious Mortgage Broker, Lending Company & First Time Home Buyer Assistance In Rowlett, 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 Rowlett, Texas

For a first time home buyer Rowlett 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 Rowlett offers ways to make it work for you.

Rowlett First Time Home Buyer Programs

There are programs in the Rowlett area to help first time home buyers. The first to consider is HCDD which is Rowlett’s Housing and Community Development Department. This program offers assistance via HAP, the Home-buyer Assistance Program in Rowlett. 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 Rowlett 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 Rowlett area and buying a home that lies within the City of Rowlett for tax purposes.

Affordable Housing Corporation of the State of Texas

Also, for a first time home buyer Rowlett 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 Rowlett home buyers. This is a grant, so the family does not need to pay it back.

Free Homebuyer Education Classes in Rowlett

Perhaps the most important thing for a first time home buyer in Rowlett is to their homework. An excellent idea is to take advantage of one of the classes for home buyers in the Rowlett 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 Rowlett or anywhere.

Best Mortgage Rates in Rowlett 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
husband and wife using Spring Texas Mortgage Lender to buy a house

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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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Tips on Prodigy Lending for First Time Home Buyers in Rowlett, Texas

 

Prodigy team is found in the United State of America and entails a number of mortgage experts. They are committed in lending customers quality services meeting their mortgage requirements. With a combination of affordable low-interest rates and available Rowlett home buyer programs, they will get you a mortgage designated to solve your housing problems as well as meet your expectations. Whether buying your first house, refinancing an existing loan or consolidating debt, they will assist you to find the best loan program which has the lowest rates. 

Choose Best First Time Home Buyer Rowlett 2019 Program

Conventional Mortgage 

  • Conforming loans have no lender charges or fee
  • Flexible mortgage terms i.e. 15, 20, 30 year home loans
  • Quite low-interest rates
  • Cheap Mortgage insurance
  • A down payment of about 3.5 percent

USDA Mortgages

  • Has no down payment
  • Reliable interest rates
  • Low Insurance cost
  • About 100% funding
  • Easy qualification and located in rural areas 

Veteran Administration Loan

Veteran Mortgages are provided to benefit government security officers in the department such as the army, air force, etc.

They have the following benefits:

  • You can easily qualify as far as in forces
  • Have a low closing cost
  • Reliable mortgage rates
  • No mortgage insurance needed
  • Offer 100% financing 

FHA Mortgage

This is the most preferred mortgage program established around 1934. With it, you will find the following merits:

  • Availability of rehab loans
  • Low attractive interest rates
  • Down payment of about 3.5%
  • Qualification is easy

Creating a good relationship with you and many other first time home buyers in Rowlett is the team’s mission thus lending it mortgage services for decades and centuries in the future. Confidentiality and security of your personal details is highly considered unlike in other home loan lending companies across the states. The Prodigy Lending name is highly entrusted.

If you are willing to communicate directly with this experienced team, you are advised to utilize either of the interactive tools provided throughout the site as well as make a call at any time. 

It has been offering quality services for over seventeen years! 

Outstanding Top Workplace in the United States

Professionals in Prodigy Home Loans are proud of the as best workplace in the past eight years. They are highly committed to excel in it and honor the recognition gained. 

Find Rowlett First Time Home Buyers Mortgage Rates

They offer the most reliable rates around. As well, home loan centers give different low-cost home loans for refinancing and buying. Being the top private mortgage lenders, they guarantee a program that will offer specific home loan option which serve you best.

Are you having a plan of refinancing or buying a new house?

You are advised to understand that currently, the mortgage rate is based on a market condition which often changes. Thus, fill out a short form to receive a quick quote.

Please contact us if you have any questions!

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