Simple Home Loans & Refinance Loans in Dallas, Texas
When you’re looking for a home loan in the Dallas area, you want to work with Academy Mortgage. We help match Dallas homebuyers to a good mortgage program for them.
First-time homebuyers — and even experienced homeowners — can find the home loan application process overwhelming. To be sure, it can be convoluted and confusing. A mistake in the process can end up costing you dearly.
That’s why it’s best to have an experienced mortgage lender such as the team at Academy on your side. We help you find a home loan that works for you and your financial circumstances. You may be afraid that you won’t qualify for a home loan, but you may be pleasantly surprised that the American Dream of homeownership is within your reach after all.
Stop wasting money on rent and start the process of qualifying for a home loan in Dallas. The professional mortgage lenders at Academy are here to help you. Our mission is to Inspire Hope, Deliver Dreams and Build Prosperity.
Home Loans and You
Few Dallas homebuyers understand all the ins and outs of home loan options.
Some home loans are earmarked specifically for veterans of the armed services. Are you a first-time homebuyer? There’s a loan program for you. If you’re open to living in a rural area, you may apply for a USDA Loan. Those who have money saved for a down payment usually opt for a Conventional Loan, while those with little cash on hand may be eligible for FHA Loans. Homebuyers who have their eye on a higher-priced Dallas home can apply for a Jumbo Loan.
The good news is, you don’t have to know everything about home loans, because that’s what the mortgage lenders at Academy are for. Contact us today to get started.
Fixed-Rate and Adjustable Rate Mortgages
The right type of mortgage can make your home loan more affordable. Which type is best for you? Our mortgage lenders can help you find the answer.
FHA LOANS
If you’re low income, have little savings or a lower credit score, an FHA Loan might be right for you. Talk to our Dallas mortgage lenders today to see if you qualify.
State Housing Agency Loans and DPA Programs
If you have little to no money for a down payment for a home in Dallas, you may be able to get help with a State Housing Program or Down Payment Assistance Loan.
USDA Loans
Those who enjoy rural living can save money by purchasing a home in a USDA-designated zone. Ask our mortgage lenders if a USDA Loan is available to you.
Conventional Mortgages
Dallas homebuyers with good credit scores and cash saved for a down payment may be right for a Conventional Loan. Talk to our home loan specialists about Conventional Loans today.
VA Loans
The government has a special loan program just for Veterans. If you were in the armed services, you may qualify. Contact our mortgage lenders in Dallas about a VA Loan.
Renovation Loans
Renovating can improve your property values. Talk to our mortgage lenders about getting a Renovation Loan to finance your home improvement projects.
Refinance Loans
Refinancing can save you money, whether you get a lower interest rate, shorter term or different type of rate. Contact us to see if this would be a good move for you.
Jumbo Mortgages
Why shouldn’t you be able to get the home of your dreams? A Jumbo Mortgage will help you finance the purchase of a larger, pricier home in Dallas. Ask us how.
Reverse Mortgages
A Reverse Mortgage allows seniors 62 or older to use the equity in their Dallas home to live more comfortably today. We’ll show you how you can drastically lower or even eliminate mortgage payments.
First-time Homebuyer Loans
First-time homebuyers may be eligible for programs other buyers are not. Talk to us to find out if you qualify for one of these great mortgage programs.
Mortgage Refinancing Experts in Dallas, Texas
Many of our customers who are already Dallas homeowners come to us for assistance with mortgage refinancing.
Mortgage refinancing can be beneficial to homeowners in a variety of ways. A top reason for mortgage refinancing is to take advantage of lower interest rates. A drop in interest rates of as little as 1% can save you tens of thousands of dollars over the life of your home loan.
When you opt for mortgage refinancing, you can choose to adjust your loan at this time as well. For instance, if you are four years into a mortgage, you can refinance for only the remaining years, or you can start the clock over again the original length of terms. This would likely reduce your monthly payments, which is helpful if you are going through a tough financial time.
Conversely, you could switch to a mortgage with shorter length of terms. This would likely increase your payments, but it would save you significantly on the total cost of the loan.
Fixed-Rate Refinancing Loans
Some homeowners who chose an adjustable-rate mortgage when they got their original loan use the opportunity to switch to a fixed-rate mortgage when they refinance. This may or may not save you money; the main reason homeowners switch is to make monthly payments more predictable.
As helpful as refinancing can be for homeowners, it isn’t always the right move to make, depending on the current state of the economy and your personal financial situation. Consult the mortgage lenders at Academy to find out if mortgage refinancing is right for you.
Why Choose Us?
When you’re searching for a mortgage lender to help you find the right home loan for you, you want a company with experience that you can trust. That’s Academy Mortgage of Dallas.
The mortgage industry is complex, and the stakes are high. You want the peace of mind of knowing your mortgage lender is knowledgeable about every program available to you.
Academy has been a trusted mortgage lender for more than 30 years, and our list of satisfied customers is long. We’re established in the Dallas community, and we’re here to Inspire Hope, Deliver Dreams and Build Prosperity — one home loan at a time.
CONTACT US for more information about Academy Mortgage, your 1st CHOICE Home Loan Lender!
Corp State Lic TX #3113
Figure: 7 TAC §81.200(c) CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV.