About Our Home Loans Team in Elgin
Our loan officers work with first-time buyers, veterans, self-employed people, investors and anyone refinancing or drawing on equity. Before you commit, you get the rate, discount points, lender fees and estimated third-party costs in writing, along with what each number depends on.
Why we write it down first
Most surprises at closing trace back to something nobody spelled out early. A rate quoted on the assumption of a higher credit score. Points folded quietly into the number. An appraisal or title charge that appeared weeks later. We built our process to close those gaps, so the terms you hear on the phone match the terms you see on paper.
Federal rules require a lender to send a Loan Estimate within three business days of an application. Before you get that far, we walk you through a written scenario: the loan type, the rate, any discount points, our origination charges, and the third-party items we do not set, such as the appraisal, title insurance, recording fees and the initial escrow deposit for property taxes and hazard insurance.
We also write down the assumptions behind each figure. A quote rests on your credit score, loan-to-value, debt-to-income ratio, occupancy, property type and the length of the rate lock. If one of those changes during underwriting, we show you which line moved and why, rather than handing you a new total with no explanation.
How we work with borrowers
Every fee on its own line
Origination, discount points, appraisal, credit report, title and recording charges are listed separately. That lets you compare our numbers line by line against another lender's Loan Estimate.
Loan types compared with real math
A conventional loan with a small down payment carries private mortgage insurance that can be removed once you build enough equity. An FHA loan carries a mortgage insurance premium that often stays much longer. We put the monthly and long-term cost of each side by side so you choose with the numbers in front of you.
Straight answers on whether you qualify
If your debt-to-income ratio or credit history does not fit a program, we say so plainly and explain what would change the answer. Self-employed borrowers get the same clarity on bank statement loans, including how deposits are averaged to calculate qualifying income.
Office, phone or video
Meet with a loan officer at our office, or work through the whole loan by phone and video. Pay stubs, W-2s, tax returns and bank statements are reviewed the same way either way.
Borrowers we serve around Elgin
We lend on property in Elgin and the surrounding area, including Manor, Pflugerville, Hutto, Taylor, Bastrop and Hornsby Bend. Some addresses outside the larger city limits may qualify for USDA loans, which can allow financing with no down payment. Eligibility depends on the exact property location and the area income limits, so we check both before quoting.
Veterans and service members can ask about VA loans, and owners with built-up equity can compare a HELOC against a cash-out refinance. Investors and buyers between sales can review hard money loans and bridge loans, with the costs and exit timeline written out before closing.
- Elgin
- Manor
- Camp Swift
- Pflugerville
- Hutto
- Taylor
- Bastrop
- Hornsby Bend
- Wyldwood
- Circle D-KC Estates
Start with a number you can read
Phone us to begin a loan application, get pre-qualified or ask for a rate quote. We will tell you which documents we need, then lay out the figures in writing before you decide.