Dallas Mortgage Lender, Joel Richardson

Are you 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 homes for sale. As a result, home prices are up.

If you are a first-time homebuyer, this fact may seem daunting. 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 to purchase your dream home today.

Mortgage Lending Made Simple for Homeowners in Dallas, TX

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


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


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%.


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


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%.


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.


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.

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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. )