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Mortgage FAQ

The questions we get most, answered plainly.

How much do I need for a down payment?

As little as 0% for VA and USDA, 3% for many first-time-buyer conventional programs, and 3.5% for FHA. Down payment assistance can further reduce the out-of-pocket amount for qualifying buyers.

What credit score do I need?

Program minimums range from 580 (FHA) to 620 (Conventional). Best pricing typically starts at 720+.

How long does closing take?

Typical Texas purchases close in 21–30 days from contract. Cash-out refinances usually run 30–40 days.

Can I get pre-approved before I find a house?

Yes — and you should. A written pre-approval tells sellers you're real and tells you your budget.

Do you work with self-employed borrowers?

Yes — extensively. Bank statement, P&L-only, DSCR, and asset-based programs are core to the practice.

Can I use gift funds?

Yes, on most programs. We'll provide a compliant gift letter and walk your donor through what to send.

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