Town Square Mortgage
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Town Square Mortgage
It all starts with you. We'll focus on getting you the perfect loan to fit your needs while guiding you through our simple mortgage process. Town Square Mortgage & Investments, LLC. DBA Town Square Mortgage. NMLS 144975. 17300 Dallas Parkway, Ste. 1030, Dallas, TX 75248. 972-292-7600. Licensed by the Texas Department of Savings and Mortgage Lending, SML Mortgage Banker Registration.

Expires 12/31/21. Colorado Mortgage Company Registration, Regulated by the Division of Real Estate. Licensed by the Florida Office of Financial Regulation, Mortgage Lender Servicer License # MLD1309. Licensed by the Oklahoma Department of Consumer Credit, Mortgage Lender License # ML011816 & # ML011996. Expiration Date 12/31/2021. Licensed by the Nevada Division of Mortgage Lending, Mortgage Broker License #4948, Expiration Date 12/31/2021 Supplemental Servicer License #4949 Expiration Date 12/31/2021.

Licensed by the Office of Lieutenant Governor's Office Division of Banking and Insurance, Phone: (340) 774-7166 Expiration Date 12/31/2021.
Services
Founded in 2009, Town Square Mortgage has built a strong reputation and is a preferred mortgage lender by serving the needs of homebuyers, real estate professionals and builders.
Town Square Mortgage is an all-inclusive mortgage lender dedicated to finding you a home loan that meets your specific needs.
Having the loan process in-house, Town Square Mortgage has the resources to provide our clients and partners with efficient closing times.
Whether you're a first time homebuyer or seasoned borrower, we offer a full spectrum of financing options to choose from and we'll work with you directly to determine what works well for you.
A Federal Housing Administration (FHA) loan is a government insured mortgage that opens the doors to first-time home buyers with low-to-moderate incomes offering flexible qualification guidelines making it easier to purchase or refinance.
The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change.
This may be a good choice if you plan to stay in your home for seven years or longer.
If you plan to move within seven years, then adjustable-rate loans are usually cheaper.
Closing costs are the expenses incurred by buyers and sellers for the services of various real estate and lending related professionals when transferring ownership of a property.
These expenses normally include an origination fee, property taxes, title insurance, escrow costs, appraisal fees, etc. Closing costs can be thousands of dollars and will vary depending on your lender, the mortgage you chose and the location of the home.
You will get a better idea of the amount once you apply for a mortgage and receive a Loan Estimate (LE) that estimates the approximate costs you will owe on or before closing.
After you have completed a loan application, your loan file is submitted to the loan processor.
Depending on your situation, the processor may need additional documentation during this step.
The underwriter reviews your loan file to ensure all guidelines are met for the specific loan program and issues a loan decision.
Once your mortgage has been approved and all conditions have been cleared, your loan is moved to "Clear to Close" status.
Once everything is cleared by the underwriter, our closing department will complete your final documents.
Your credit score is a numerical representation of your statistical likelihood to repay the credit that is extended to you.
Review a variety of loan programs to make sure you find the best option for you - your TownSquare Loan Officer will be your best resource.
Keep originals or be able to access on your employer/bank websites all pay stubs, bank statements and other important financial documents.
Provide your Earnest Money Deposit from your own personal bank account or acceptable gift funds.
Notify your Loan Officer of any employment changes, such as a recent raise, promotion, transfer or change of pay status (for example, from salary to commission).
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