TexasLending.com Increases FHA Loans by 2400%

PRLog (Press Release) – Aug 15, 2008 – Texaslending.com has increased FHA production by 2400% since January 2007.  Since the implosion of the subprime market and the tightening of credit, mortgage lenders have been trying to adjust to the new world of FHA.  FHA loans now account for over 50% of all home purchase applications in Dallas and at Texaslending.com FHA is now 65% of TexasLending.com’s pipeline.  

According to Kevin Miller CEO of Texaslending.com, “Those lenders that made the transition of their staff and pipeline to handle the influx of FHA loans, should withstand the market issues.  Those that did not adapt have gone out of business or are on their way out of business.”  For more information visit www.texaslending.com

About Texas Lending:
TexasLending.com provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Michigan, Missouri and Colorado. TexasLending.com is a mortgage Banker and Broker with virtually unlimited options available for conventional, FHA, VA, and home equity loans. To find out more about Texas Lending’s loan and mortgage programs, visit http://www.TexasLending.com