Your Austin Real Estate Resource Nancy Filgate, Broker Associate
John Beery, Sales Associate
Nancy Filgate 512-351-1497
John Beery 512-968-2107
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Preferred Lenders 

Gateway Mortgage Group
Michael Ikeya is an excellent all purpose lender but his specialty is the combination Purchase/Renovation loan (FHA 203k Loan) for buyers who will be owner occupants. These loans are tricky and Michael is one of the few lenders who does them successfully on a regular basis.

LendFriend Home Loans
Cody Velkovich offers a wide variety of loan programs including these difficult to find niche products:

  • Low FICO (560+) FHA & VA Loans
  • Manufactured and Modular Home Loans

Compete Successfully With Cash Buyers

Homeward Mortgage
Their Buy With Cash Program lets a traditional buyer compete with investor cash offers. Today's market is very competitive. Consider a Seller with 2 almost identical offers: One is cash and can close in 10 days; The other requires loan approval and will close in 30-45 days. The Seller will most likely take the cash offer.  Click Buy With Cash Fact Sheet for printable information without having to register. 

Specialty Lenders for Investors

Little City Investments
Little City Investments provides quick, straightforward hard money loans for residential and commercial real estate deals in Austin, TX. Their hard money loans are a great alternative to traditional bank financing because the loans are primarily based on property value instead of personal credit or borrower background. The loan terms are simple, no appraisal is required and the approval process is fast. Little City Investments has experience lending to real estate investors and house flippers and can close quickly.

Easy Street Capital
Easy Street Capital has loan programs for every type of investor borrower. Regardless of experience or credit they are able to finance your next investment property. Whether you are buying a property to fix up, build new construction, or generate cash flow from rental units, Easy Street Capital has the solution.  As a fully discretionary lender they have the ability to customize a loan specifically to meet your individual needs. They look forward to assisting you with your next project.

Park Place Finance
When other lenders are too rigid in their pre-qualifications, or are moving too slowly for your needs, Park Place Finance can step in to fill the gap. Put their speed, responsive service and simple hard money loan products to work for you. The hard money loan is designed to assist real estate investors who would like to close quickly on real estate purchase transactions, or to access existing equity on real estate already owned. Park Place Finance’s hard money loan is a fast and easy solution to realize your next investment opportunity. If you have a viable exit strategy that is short-term—within 12 months of the funding of the loan—Park Place Finance’s standard hard money loan is an excellent loan product to consider. This loan must be in first lien position on either residential, multi-family, or commercial real estate; they do not extend hard money loans for land purchases.

Financial Resources for Investors
If you are looking for a "hard money lender" or want to buy or sell mortgage notes or need specialized financial spreed sheets, explore this site.

Other Specialty Lenders

Capital Farm Credit
Capital Farm Credit is a customer-owned cooperative, providing financing to rural landowners, country homeowners, agricultural operators and agribusiness firms throughout Texas.  It is the state’s largest cooperative rural lender.

USDA Rural Development Direct Loan Program
This is a 100% financing (NO DOWNPAYMENT), no Mortgage Insurance, government subsized loan program! Under the Direct Loan program, individuals or families receive direct financial assistance from the Housing and Community Facilities Programs in the form of a home loan at an affordable interest rate. The payment is subsidized based on the buyer's adjusted gross income and number of household members. Payments can be reduced to a level that would be equal to a Principal and Interest payment as low as 1% interest rate, plus property taxes and home owners insurance. These loans have no Mortgage Insurance. The subsidy amount is recalculated each year but the payment can never go higher than the full market rate at the time the home was purchased.

Due to high demand, these loans take longer to process. Unfortunately, funding isn't always available for these loans, so sometimes buyers have to wait until funding is available. Once funding does become available, you have to move quickly to find a home that is located in an eligible area for this program.

FHA Limits by FHA.com
Nancy Filgate 512-351-1497
John Beery 512-968-2107
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Nancy Filgate & John Beery
Smart Source Realty
Nancy Filgate Ph: 512-351-1497
John Beery Ph:512-968-2107Fax:512-572-8302
1001 Cypress Creek Rd. #106
Cedar Park, TX 78613 US
Licensed Real Estate Broker #0527708
Licensed TX Salesman #0633915
www.sellingaustintx.com
Home Company Listings Nancy's Resume 2020 Austin Area School Information John's Resume Austin Neighborhoods Search Homes Finding a Bargain What Past Clients Say Buying Builder Homes Preferred Lenders Map of Austin Zip Codes Production Builders Our Philosophy Map of Central Texas Zip Codes Property Management Services Capitol Metro Train & Bus Custom Home Builders Austin Area Golf REALTOR® Code of Ethics Avoid Resale Problems Art, Entertainment & Recreation Voting in Texas Municipal Utility Districts Local Area Publications Fixer-Uppers Top 10 Swimming Holes Keep Austin Weird Credit Scores Austin Area Vibes Buy, Lease & Hold Nancy's Austin Area Blog Do It Yourself Credit Repair Real Estate Appraisals Buy, Fix & Flip Texas Foreclosures Laws Property Tax Exemptions All About Deeds Buying HUD Properties Buying Short Sales & REO's Home Inspection Issues Title Insurance Rates Austin Building Ordinances Service Providers Real Estate Glossary Ask a Question Find My Next Home Request Market Analysis

Texas Real Estate Commission Information About Brokerage Services

All data and information provided on this website is for informational purposes only. Nancy Filgate, John Beery and Smart Source Realty make no representation as to the accuracy, completeness, suitability, or validity of any information on this site and will not be liable for any errors or omissions in this information or any losses, injuries, or damages arising from its display or use.

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