Thank you for visiting Dream Home Funding to obtain a mortgage to purchase or refinance your home. We offer the lowest mortgage rates in Texas. Don't believe it?
Fill out the form below to receive a mortgage rate quote for your purchase or refinance loan scenario instantly. Yes, instantly. As in right after you fill out the fields below with your contact info, the following screen with basic info about the loan you want, and click "Get Results." Within a few seconds the screen will refresh with quotes for the loan programs you requested. You will not be added to an email list, and I won't call you either. I assume if you want to contact me, you will call or email me.
The closing costs listed below are lender fees only. In addition to the lender fees listed you will have the items below that are not lender specific, and will be the same for all lenders you contact.
Prepaid Items:
Line 901 Interest: Varies depending on closing date, interest rate, loan amount, etc.
Line 903 Hazard Insurance: Annual premium for the first year due at closing (purchases only).
Reserves Deposited With Lender (establishes your escrow account, if you are putting 20% or more down, escrows can be waived. Check the "Property Taxes Waived" and "Hazard Insurance Waived" boxes below to see the correct pricing on your rate quote):
Line 1001 Homeowners Insurance Reserves: 2 months of insurance payments.
Line 1004 Property Tax Reserves: 2 months of property taxes.
These numbers are accurate for purchases. If you are refinancing, you can figure on needing the amount in your current escrow account in addition to the above.
Title Company Charges (estimates, if you need exact figures contact your title company):
Line 1101 Closing/Escrow Fee: $150.00-$400.00.
Line 1108 Mortgagee's Title Policy: $100.00 exactly for all purchases, based on the loan amount for refinances. Click here to calculate the total insurance premium, endorsements, and discount, if any, for a refinance http://www.freedomtitleoftexas.com/Calculator2c.html
Line 1109 Title Policy Endorsements: $125.00-$350.00 (varies with the loan amount and endorsements required).
Line 1201 Recording Fees: $108.00.
Line 1304 Survey: $350.00-$500.00 (if required, we normally use an existing survey).
For some programs you may get multiple mortgage rate quotes. For more information about which option (lower rate or lower fees) is better for you click the "Loan Pricing" button. Other combinations of rate/fees may be available. If you don't get any quotes, check your data entry. If it is correct, you probably don't qualify for the loan programs we offer. If you have any questions, please call 325-651-2100.
If you like what you see, click the buttons above to apply for the loan. Feel free to also use the mortgage calculators and educational articles on the site.
