Competitive Mortgage Broker, Lending Agency & Home Loan Company In Melissa, TX

Conventional Rates

4.125 %

4.210 %APR


Low Fixed Rates For 30 Years

FHA Rates

3.625 %

3.798 %APR


Minimum of 3.5% Down

VA Rates

3.625 %

3.721 %APR


100% VA Loan With No Private Mortgage Insurance

USDA Rates

3.875 %

4.101 %APR


100% Financing In Rural Areas

"Rates, terms, and fees as of 05/25/2020 and subject to change without notice."

Shopping For Mortgage Lenders in Melissa

The process of buying a home can be one of the most exciting times in someone’s life. It is the beginning of a new stage in life, whether it is buying your first home to raise a family in or buying your retirement home to enjoy your retirement. On the flipside of this excitement, there can be a lot of stress and work involved.

One of the most important parts of this process is shopping for the right mortgage lenders in Melissa. You have to find a lander that is going to be able to offer you what it is that you are looking for.

4 Tips To Help You Find The Right Mortgage Lender in Melissa

Shopping around for the right lender is like shopping around for anything else. There are certain things that you are going to want to look at, and for, when you are considering different mortgage lenders in Melissa. Here are some great tips to help you on your journey to find the lender in Melissa that is right for you.

  1. Compare Rates. Different lenders are going to operate with different interest rates. You should take the time to figure out what is average for your particular market and what other lenders are offering as rates.
  2. Customer Service. Applying for a mortgage is a difficult process. You want a lender that is going to be there and available to answer any and all questions. You want a lender that is going to be easy to work with and easy to communicate with. Customer reviews can be a great place to start for this.
  3. Options. Different lenders offer different types of loans, features, and flexibility. You want to look into what different lenders offer to their customers. This can really help you to narrow down the list of the right mortgage lenders in Melissa for you.
  4. Fine Print. You will want to take the time to look at particular lenders loan requirements, fees, and costs other than the interest and principle.

Taking the time to do the research is going to really pay off for you in the end. It will help you eliminate and include different lenders that you may not have considered before embarking on your research.

There is no reason to rush this process. Finding the right mortgage lender in Melissa can make a huge difference in your home buying experience. Make sure you have a good grasp on what it is that you are looking for in a lender because this will really help you narrow down your list to the right lender to work with.

Best Mortgage Rates in Melissa 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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In just a few minutes you can lock in your mortgage rate right now!
  • We provide the lowest, most current mortgage rates available.
  • Work with the BEST lending company in the Greater Melissa TX Area.
  • Discover simple, affordable, and effective tools to help you secure a mortgage.
“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
Man using the best mortgage lender in houston texas

Real Clients. Real Stories. Real Results.

Our goal is to provide you with the best customer service possible.

  • home loans by The Texas Mortgage Pros
    Aldin A.

    Highly recommendable! I worked with Gerry Nicodemus for refinancing my home. Gerry was a thorough professional …View more »

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    Shareem W.

    Mr. Nicodemus is truly one of the best in the mortgage industry. He is well versed and extremely knowledgeable regarding… View more »

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    Javier P.

    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 »

  • Texas Mortgage home loan programs
    Kyle B.

    As a Real Estate Broker, I know nothing impacts a buyer’s transaction more than the loan process. I recently closed a very difficult… View more »

  •  Top Mortgage Lender in Texas
    Christina & Aaron F.

    We just wanted to say thanks again for all your help with everything. We closed and are now proud homeowners! The title company… View more »


    Reasons why home loan requirements in Melissa


    There are very many home loan options to choose from in Melissa. Some mortgage lenders offer only one type whereas others like Prodigy Lending deal with many. They include USDA, FHA, and VA home loans. Even if all these loans help interested borrowers buy houses, they differ in terms of their requirements. This means that all borrowers cannot qualify for the same home loan. It is, therefore, important to research more about various requirements before applying for one. This way, you will only apply for one providing the highest probability of approval. Explained below are some reasons why home loan requirements in Melissa vary:

    1. Government involvement – home loans with government involvement have their unique requirements. These requirements are lenient in comparison to those of loans without government backing. This is with an aim to allow as many people as possible to qualify. For instance, credit scores are not emphasized upon with FHA home loans in comparison to conventional ones. This clearly shows that government involvement is one reason as to why home loan requirements differ.
    2. To limit the number of applicants – with VA home loans, for instance, approval can only be done if you are a member of the military. The VA has set this requirement to ensure that eligible militants are the only ones who apply. Owing to the fact that VA home loans are government-backed, they have lenient requirements as stated above. This means that as an eligible member of the military, you will definitely receive attractive loan terms.
    3. To serve people from different financial classes – taking a loan will require you to be financially sound. Some loans, however, require more financial stability in comparison to others. VA and USDA home loans, for instance, provide for 100% funding. This means that you can be approved without making any loan deposit. With conventional loans, the requirement by most mortgage lenders is 20%. This means that if you fail to pay this percentage, your chances of not being approved or getting bad loan terms are very high. Home loan requirements, therefore, differ so that even people who are not wealthy can acquire the property.
    4. For uniqueness – generally, home loan requirements vary for the purpose of differentiation. For instance, if FHA requirements are the same as those of conventional home loans, you will not have a reason to choose one over another. They are different so that you can have the ability to base your choice. You must, therefore, consider home loan requirements before making your decision as stated earlier.

    Make sure you obtain information from your mortgage lender in regards to various home loan requirements. You can also use the internet to get this information. This will show you the best option to satisfy your needs. However, these needs will only be met if you choose the best mortgage lender.

    Contact us today for more loan information!



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