A Houston Texas Commercial Loan And Home Loan Consultant Announcing The Lowest Down Payment Loan

RICHMOND, Texas - Sept. 10, 2013 - PRLog -- 1. HOME LOAN (http://www.Lending3.com)

Until recent FHA loan has been the only solution for the first time home buyers. With its lowest down payment and rate, it has been the best. Recently, however, the demand for houses changed the equation. Fannie Mae and Sallie Mae has brought back the Conventional 3% down mortgage loan. This non FHA loan is by far better than FHA Loan in terms of the following. FHA loan requires 3.5% down where as the new loan does require only 3% down. FHA loan has a 1.75% up front PMI and 1.35% monthly  vs. the new loan with only 1% monthly PMI factor. Finally, FHA loan is limited to $271,750 area in Texas vs. $417,000 for the conventional loan. If you are new home buyer and wants to put lowest down but wants to buy with lower PMI ( Mortgage Insurance ) payment, this is for you. Last but not least, the house seller can also help buyer with 3% of the price towards the closing cost which will almost pay the entire closing cost. Call us and we will walk you through each step buying home and finding a Realtor for you who can negotiate according to your Mortgage needs once we pre approve you.

2. COMMERCIAL LOAN (http://www.texasmortgagerate.net)

Commercial Plans of Texas is excited to announce a commercial loan up to 95% Loan To Cost. If an investor is buying an apartment complex, Office buildings or shopping center and other income producing properties, we can lend you up to 95% of the acquisition price which has never been done before.We can even lend you for the repair of the commercial building on the top of the  acquisition loan. This bridge loan is designed for investors to buy and pre development or improve the property to stabilize it which otherwise would not be able to find from conventional Banks. This loan is good for investors or developers. This loan is ready for up to $35,000,000.

George Tesfa
Commercial Plans of Texas
http://www.TexasMortgageRate.net
http://www.AmeriMort.com
gtesfa@TexasMortgageRate.net
832-607-1113