A flexible starting point
Lone Star Financing offers fixed-rate and adjustable-rate conventional options. The right structure depends on your payment goals and how long you expect to keep the loan.
Flexible home financing · Texas
Texas
Conventional loans.
Flexible financing for your first home, next home, or an eligible investment property. Compare fixed-rate and adjustable-rate choices with a plan for your down payment and monthly budget.
Options depend on your qualifications, property, and lender review. This overview is not a loan approval or rate quote.
Know your options
How this
program works.
Low down payment options
Some qualified purchase borrowers may be eligible for 3%–5% down. Occupancy, loan type, credit, and underwriting determine what is available.
Understand mortgage insurance
A 20% down payment generally avoids private mortgage insurance. With less down, compare the cost of PMI and the requirements for eventual cancellation.
Make an informed choice
What to
consider.
- Your credit, income, existing debts, and available funds are reviewed together.
- Conforming loan limits change annually; higher loan amounts may require jumbo financing.
- Primary homes, second homes, and investment properties can have different down payment and pricing requirements.
Common questions
A clearer
starting point.
Is a conventional loan only for first-time buyers?
No. Conventional financing can serve first-time and repeat buyers, subject to the property and loan requirements.
Can I buy with less than 20% down?
Some eligible buyers can. We will compare the down payment, PMI, payment, and overall cost rather than looking at the down payment alone.
How do I know whether I need a jumbo loan?
We will compare your loan amount with the applicable conforming limit and review jumbo options if needed.
A quick introduction
Let's find your
way home.
Tell me a little about your plans. I’ll help you understand your loan options and next steps.
npyles@lonestarfinancing.comPrefer to talk? Book a 15 minute call.