For easy and transparent home loans, trust Supreme Lending Houston. With a 2021 customer satisfaction rate of 97.01% and average of 27.56 business days from application to clear to close, we take the stress and guesswork out of the homebuying process. With our collaborative communication, expert insights, and quick turnaround times, your journey to purchasing a new home will feel more like a walk in the park than a triathlon. Ready to buy your new home? Contact Supreme Lending Houston so we can get started.
The process of obtaining a property as your primary residence, second home, or investment property.
*Supreme Lending is not a licensed CPA or Tax consultant and therefore, cannot determine if your mortgage interest will be eligible as a tax deduction per IRS code. You are advised to contact a tax professional. This in no way implies you are guaranteed a tax credit.
Absolutely! We invite you to use our monthly payment calculator. We also have calculators for refinancing, down payments, and affordability. It’s important to get an estimate so you can make an educated and realistic plan before you purchase your home.
The two main types of home loans are government and traditional loan programs which break down into subcategories. FHA, VA, and USDA Rural Loans are considered government loans. Traditional loans have 15–30-year terms and a fixed-rate mortgage, meaning you’ll pay the same amount each month for both principal and interest.
You may have come across a lot of mortgage terminology associated with the home loan approval process. You don’t need to know every single one, but it’s good to have a basic knowledge of the vocabulary. We’ve compiled a glossary of terms of important terms to help you navigate the process.
Yes. One of the first things you’ll be asked when you apply for a home loan is what other expenses you have each month.. It’s in your best interest to take some time and calculate exactly how much you’re spending each month. Otherwise, you could end up with a house that’s more than you can afford. That’s in no one’s best interest.