Do you have a question? We can help. We guarantee your privacy. By checking the box, you agree that Southwest Funding may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. Message/data rates may apply. Our mortgage experts give you the individual attention you deserve and treat you right.
We know you're making a commitment in purchasing a home, refinancing, or tapping into your home equity. So we make a commitment to you: we can help you qualify, apply and be approved for the very best mortgage for you. Using our online loan application, you can take your time and complete your application whenever it's convenient for you. And, you can always save your work and come back and complete it later if you need to.
We can guide you to the right loan amount and best program for you. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from. If your credit score is between 600 and 639 (or case-by-case down to 560) we may be able to qualify you for a home purchase loan through the FHA.
We know you're making a commitment in purchasing a home, refinancing, or tapping into your home equity. So we make a commitment to you: we can help you qualify, apply and be approved for the very best mortgage for you. Using our online loan application, you can take your time and complete your application whenever it's convenient for you. And, you can always save your work and come back and complete it later if you need to.
We can guide you to the right loan amount and best program for you. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from. If your credit score is between 600 and 639 (or case-by-case down to 560) we may be able to qualify you for a home purchase loan through the FHA.
Services
An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD).
The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in case the borrower defaults on his or her loan obligations.
Available to all buyers, FHA loan programs are designed to help creditworthy low-income and moderate-income families who do not meet requirements for conventional loans.
FHA loan programs are particularly beneficial to those buyers with less available cash.
The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in case the borrower defaults on his or her loan obligations.
Available to all buyers, FHA loan programs are designed to help creditworthy low-income and moderate-income families who do not meet requirements for conventional loans.
FHA loan programs are particularly beneficial to those buyers with less available cash.
There are an enormous number of refinancing options available to borrowers.
Contact us at (504) 832-3131 and we will match you with the loan program that best fits you.
In the interest of looking at your options, you need to think about your goals for the refinance.
Is your refinance primarily to lower your rate and monthly payments?
In that case, a low, fixed rate loan may be your best option.
An ARM (Adjustable Rate Mortgage) or a high fixed rate mortgage are loans that you may want to refinance.
Contact us at (504) 832-3131 and we will match you with the loan program that best fits you.
In the interest of looking at your options, you need to think about your goals for the refinance.
Is your refinance primarily to lower your rate and monthly payments?
In that case, a low, fixed rate loan may be your best option.
An ARM (Adjustable Rate Mortgage) or a high fixed rate mortgage are loans that you may want to refinance.
In a reverse mortgage (sometimes referred to as a a home equity conversion loan), borrowers of a certain age may use home equity for anything they need without having to sell their homes.
Choosing between a monthly payment amount, a line of credit, or a one-time payment, you may take out a loan based on your home equity.
The loan does not have to be paid back until the homeowner sells his home, moves out, or passes away.
You or your estate representative has to pay back the reverse mortgage amount, interest accrued, and finance charges after your property is sold, or you are no longer living in it.
Choosing between a monthly payment amount, a line of credit, or a one-time payment, you may take out a loan based on your home equity.
The loan does not have to be paid back until the homeowner sells his home, moves out, or passes away.
You or your estate representative has to pay back the reverse mortgage amount, interest accrued, and finance charges after your property is sold, or you are no longer living in it.
There's no question that getting a mortgage loan is a complex process.
You wouldn't be visiting our website if you could complete a one-page mortgage application and receive a great loan funded the same day.
We do the heavy lifting for you, so you can concentrate on what's important - preparing to move into your new home or saving money.
This is a function of a couple things.
What kind of monthly payment are you looking for?
And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you?
You wouldn't be visiting our website if you could complete a one-page mortgage application and receive a great loan funded the same day.
We do the heavy lifting for you, so you can concentrate on what's important - preparing to move into your new home or saving money.
This is a function of a couple things.
What kind of monthly payment are you looking for?
And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you?
Before they decide on the terms of your loan, lenders must discover two things about you: your ability to repay the loan, and if you are willing to pay it back.
To assess your ability to pay back the loan, lenders assess your debt-to-income ratio.
To assess how willing you are to repay, they use your credit score.
The most widely used credit scores are called FICO scores, which Fair Isaac & Company, a financial analytics agency, developed.
The FICO score ranges from 350 (high risk) to 850 (low risk).
To assess your ability to pay back the loan, lenders assess your debt-to-income ratio.
To assess how willing you are to repay, they use your credit score.
The most widely used credit scores are called FICO scores, which Fair Isaac & Company, a financial analytics agency, developed.
The FICO score ranges from 350 (high risk) to 850 (low risk).
Reviews
Be the first to review Southwest Funding.
Write a Review
