The Unique Loans and Services Offered by Prodigy Lending In Bedford, Texas

 

For a city as big as Fort Worth and with a population of over 780,000 people, finding a good place to call home can be a strenuous task. Looking for a home may be stressful but affording one can be an even tougher task. Fort Worth is a city with very high living standards and therefore very high housing costs. Thankfully, the US government administers a couple of loan programs to its citizens in a bid to help its citizens afford good housing.

They have empowered various private mortgage lenders to offer these loans at less risk and thus low interest rates. These lenders help their clients to finance their mortgages by giving them mortgage loans which they can then repay with interest. One such mortgage lender is the Prodigy Lending Team. They consist of mortgage professionals all over the US who are usually committed to providing clients with the highest quality of service suitable for their mortgage needs. They offer the lowest interest rates and a variety of loan programs which helps them ensure that they serve people from all works of life to their level best. The varieties of mortgage services they offer include:

Conventional Home Loans

Prodigy lending offers conventional loans with the following advantages over other firms in Fort Worth:

  • Low Down payment of about 3% when other lenders offer the same loans for a down payment as high as 20%
  • Reduced PMI compared to FHA loans which helps to reduce the client’s expenses 
  • Flexible terms of payment ranging from 30, 20, 15 to 10 years
  • Low interest rates compared to other lenders
  • No lender fees which helps the client save a lot of money

FHA Home Loans

Prodigy Lending offers FHA loans in Fort Worth with the following features:

  • Low down payment of 3.5%
  • Easy qualification requirements
  • Attractive interest rates
  • Rehab/renovation loans available e.g. the FHA 203k loans
  • Borrowers with high debt-to-income ratios allowed to qualify

VA Home Loans 

Prodigy lending offers VA loans with the following features:

  • 100% financing
  • No mortgage insurance required
  • Low closing costs
  • Ease of qualification
  • Best VA mortgage rates

USDA Home Loans

These loans are offered with the following features:

  • 100% financing
  • Low interest rates
  • Low mortgage insurance costs

The Prodigy Lending team also has an online platform where their clients can interact with their online mortgage brokers to get a good mortgage deal. Because mortgage brokers understand the clients better and look out for their best interests, Prodigy Lending decided that it was good to hire a few of them. Having created an online portal, interaction between clients and mortgage brokers are instantaneous, faster, more reliable, convenient and even cheaper because the client does not have to pay for transport to their offices. They are able to exchange information, ideas, and get the necessary advice all through the internet. The online mortgage brokers are among the features that stand out, aside from their unique loan offers.

Contact us today for more loan information!