Dallas Home Mortgage Expert

Helping you and your family achieve the dream of homeownership.

Apply Online Questions?
Jane Mortgage

Jane Mortgage

Senior Loan Officer

(888) 123-4567
NMLS #123456

Which Home Loan is Right for You?

3 of the most popular Dallas home loans we provide here at Schmidt Mortgage Dallas are listed below. We've highlighted just a few of the key differentiators between these mortgage types that will help you understand which one may be best suited for your needs. If you'd like to learn more about all the Dallas home mortgage products we offer, please click below.

Conventional Home Loans Dallas

Typically a fixed rate home loan that allows the borrower to eliminate mortgage insurance once they hold >20% equity in their property.

  • Lower Rates
  • Flexible Terms
  • Fixed or Adjustable
Learn More

FHA Home Loans Dallas

This home loan program allows down payments as low as 3.5% of the purchase price, although you are required to pay mortgage insurance.

  • Lower Credit Requirements
  • Smaller Down Payment
  • Competitive Rates
Learn More

VA Home Loans Dallas

Reserved for those who serve our country. VA home loans offer 100% financing, low interest rates & don't require mortgage insurance.

  • 0% Down Payment
  • No Mortage Insurance
  • No Prepayment Penalties
Learn More

Calculate Your Mortgage

$

5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

5%

1%

5%

$
$

$1421

Monthly FHA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly Mortgage Insurance $0

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.
$

0%

1%

5%

$
$

$1421

Monthly VA Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Purchase Price $1421

VA Funding Fee $1421

Amount Financed $1421

*Hypothetical monthly mortgage payments reflect hypothetical Principal, Interest, Taxes, Insurance, and Home Owners Association dues amounts. These figures and rates are for educational purposes only and do not reflect an official mortgage loan offer. **This does not constitute tax advice.

What's Your Home Worth?

Is It Time To Refi? October 13, 2020

Is It Time To Refi?

A new study shows that forty-three percent of 30-year mortgage holders are eligible for a refinance that would lower their mortgage rates. That means their credit rating is at least 720, they have at least 20% equity in their homes, and they can reduce their mortgage rate by at least 0.75% through refinancing, according to […]

Existing Home or New Construction? October 6, 2020

Existing Home or New Construction?

Finding the perfect home to purchase is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from […]

Why Getting Pre-Approved Is So Important September 29, 2020

Why Getting Pre-Approved Is So Important

Getting a pre-approval from a mortgage lender in is a great first step in the homebuying process. When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, what you’re comfortable within […]

Getting Your Air Conditioning Prepared For Cooler Temps September 22, 2020

Getting Your Air Conditioning Prepared For Cooler Temps

The summer heat is slowly dissipating, and now it’s time to start prepping your air conditioner for the cooler fall temperatures. Depending on where you live in the U.S., you might not expect to use your AC unit much this fall, and you might not use it at all during the winter. Take some time […]

X
Contact Jane Mortgage

Jane Mortgage - Senior Loan Officer

NMLS# 123456

(888) 123-4567

15301 Spectrum Drive #405 Addison, TX 75001

Get Directions