Call Us 512-637-0932

Dallas Mortgage Lender, Joel Richardson

Are you are a first-time homebuyer? We can help!

Ever since the year started, Dallas-Fort Worth has been considered a sellers’ market, particularly with residential real estate. Relocations continue to keep pouring in, which is causing a low supply of the homes for sale. As a result, home prices are up.

If you are a first-time homebuyer, this fact may seem daunting for you. However, this does not mean that you should halt buying a new home till next year or when the market starts to favor buyers. Joel Richardson is here to help you get a home loan so that you can purchase your dream home today.

Mortgage Lending Made Simple for Homeowners in Dallas, TX

Whether you are purchasing a property for the first time or you are a well-versed homebuyer, you should know that the process of buying a home is thrilling and rewarding. In Dallas, there are a number of loan options that you can use depending on your situation. Typically, these options are:

CONVENTIONAL, FIXED RATE MORTGAGE

The interest rate will not change throughout the lifetime of the loan. For many home buyers, the minimum down payment is 3%.

FEDERAL HOUSING ADMINISTRATION

a government-insured home loan for those with limited income or cash for a down payment. FHA loans also have fixed rates and minimum down payment is 3.5%.

VETERANS AFFAIRS HOME LOAN

Benefits former and active military personnel and their families. VA loans are fixed rate loans and offer $0 down payment options.

ARM LOAN

Adjustable rate mortgage or ARM where the monthly payment is fixed for a few years and then will adjust after that fixed rate period. Minimum down payment is 5%.

USDA MORTGAGE

US Department of Agriculture (USDA) mortgage, which is also a government-backed loan for people who live in smaller cities and towns. USDA offers $0 down payment but is income restricted.

JUMBO LOANS

Also known as nonconforming loans because the loan amount is higher than the regulated limits for conventional loans. Expect 10% down at a minimum and the best rates require 20% down. Both fixed and adjustable rate loans are available for jumbo products.

CALL JOEL FOR
IMMEDIATE SERVICE

Start the Conversation

Dallas Home Loans Made Simple

You are looking for a mortgage lending option in Dallas because you need help purchasing a property. At the same time, you want the process to be as simple as possible. The lender should be someone you trust. We know that financing your dream is a big deal, so you should find the right mortgage lender in Dallas, TX. Luckily, you have come to the right place. Joel Richardson and the PrimeLending team is here to make sure that you feel comfortable during the whole process.

We know that interest rates have a huge impact on your choice. At the same time, we make sure that the process is easy, fast, and worthy of your time. Here is how it works:

  • Step One

    Start with the application process. It’s easy! You apply online and it only takes a few minutes. The series of easy-to-understand questions will lead you along. You can choose a price and can also decide on the down payment. After pre-qualifying, we will give you a loan estimate.

  • Step Two

    From my website, you can upload documents that we require to qualify you. You will need to submit important documents before we proceed in order to produce a prequalification letter.

  • Step Three

    Once we can issue the prequalification, you’re on the house hunt! Your real estate agent will need the prequalification* letter to present an offer to the seller. I work hand-in-hand with your agent to present your offer to the seller. (*A prequalification is not an approval of credit, and does not signify that underwriting requirements have been met. )

GET STARTED TODAY
© Joel Richardson. All Rights Reserved. | Copyright © 2023 PRIMELENDING, A PLAINSCAPITAL COMPANY (PRIMELENDING) In accordance with Section 326 of the USA PATRIOT Act of 2001, PrimeLending NMLS: 13649 is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act. PRIMELENDING A PLAINSCAPITAL COMPANY®, PRIMELENDING ®, HOME LOANS MADE SIMPLE®, DISCOVER YOUR BEST ®, NEIGHBORHOODEDGE®, LOANTELLIGENCESM and LOANPLICITY® are trademarks, service marks, or registered trademarks or service marks of Hilltop Holdings Inc., licensed to PrimeLending, a Plains Capital Company, for its use. You may not use, display or reproduce them without the prior written consent of Hilltop Holdings Inc. and PrimeLending. Further, you may not remove, obscure, or otherwise modify any copyright, trademark, confidentiality or other proprietary rights notices displayed on, embedded in, or otherwise appearing in any Content offered by, viewed on, or received through this site. All other trademarks identified and contained herein are the property of their respective owners and their use herein does not imply sponsorship or endorsement of their products or services. This website is not intended to offer loan services for properties in New York. - Enfold WordPress Theme by Kriesi