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| FHA |
| VA |
| Conventional |
| USDA Financing |
| Jumbo Loans |
| One Time Close Construction Loans |
| Home Equity Loans |
| Texas Vet Loan Program |
| FHA 203k Loan Program |
| Manufactured or Modular Home Loan Program |
| Fannie Mae's HomePath Loan Program |
| Down Payment Assistance |
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FHA
FHA has gained presence in the mortgage lending environment and has quickly become the loan of choice and necessity. With interest rates that rival conventional financing rates and a down payment as low as 3.5% FHA has quickly become the "go to" loan program for all types of borrowers.
Maximum Amount: $332,500
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VA
You served your country and it is our honor to serve you and your home financing needs. VA provides you with 100% financing and Directions Equity will provide you with the most competitive VA rates available. Please contact us for more information.
Term: 30 years
Maximum Amount: $417,000
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Conventional
The most common of all loans for all types of residential property. Contact us for more information.
Term: 30 years
Maximum Amount: $417,000
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USDA Financing
100% financing for properties generally located outside major metropolitan city limits. Contact us for more details on property and credit qualification details.
Maximum Amount: $417,000
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Jumbo Loans
Low rates for high loan amounts? We got 'em. Please contact us for more information and details regarding Jumbo Loans.
Term: 30 years
Maximum Amount: $2,500,000
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One Time Close Construction Loans
Qualify just one time and skip the loan reapproval process once the house is finished. At completion you move in . . . it's that simple. Contact us for more details.
Term: 30 years
Maximum Amount: $1,500,000
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Home Equity Loans
Whether you're looking to do home improvements, start a business venture, finance college tuition, consolidate debt or use your equity for any other reason we can help set you in the right direction with a home equity loan. Please contact us for more details.
Term: 30 years
Maximum Amount: $417,000
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Texas Vet Loan Program
Below market interest rates for eligible borrowers. Please see video or contact us for more details.
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FHA 203k Loan Program
Want to purchase a home that needs some repairs? Most loan programs require repairs to be done prior to closing which a seller may not be able to do or the seller may not allow you as the buyer to do before closing due to many reasons. With an FHA 203k loan you can purchase the property and finance in repair monies to fix and/or remodel the home after closing. Please inquire for more Details.
Term: 30 years
Maximum Amount: $332,500
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Manufactured or Modular Home Loan Program
Directions Equity can finance Modular Homes and Doublewide Manufactured Homes under Conventional, FHA or VA loan programs depending on loan criteria and property specifics. Please contact us to discuss your particular situation and we'll find the right loan program for you.
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Fannie Mae's HomePath Loan Program
Directions Equity can provide financing under Fannie Mae's HomePath program. This program is specific to homes that are owned by Fannie Mae which allow for more enhanced benefits to you as a borrower. Please inquire for more details.
Term: 30 years
Maximum Amount: $417,000
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Down Payment Assistance
We have local and state government down payment assistance programs that may help you with your down payment and/or closing costs. Please contact us for more information.
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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