• 			    If you are buying a home with owner finance, please click above on Apply Now.

    If you are buying a home with owner finance, please click above on "Apply Now".

  • 			    Contact us today for more information on our Owner Finance RMLO Services.

    Contact us today for more information on our Owner Finance RMLO Services.

  • 			    Sarah Montes, Texas Premier RMLO for Seller Finance Originations.

    Sarah Montes, Texas Premier RMLO for Seller Finance Originations.

  • 			    Préstamos con Número ITIN.Préstamos Hipotecarios, camino para familias sin número de seguro social, realizar el sueño de comprar una casa.ITIN Financing available now through Texas Pride Lending!

    Préstamos con Número ITIN.

    Préstamos Hipotecarios, camino para familias sin número de seguro social, realizar el sueño de comprar una casa.

    ITIN Financing available now through Texas Pride Lending!

  • 			    Texas Pride Lending, LLC.

Texas Premier RMLO for Seller Finance Originations

Texas Pride Lending provides RMLO services to Texas Investors to ensure the proper origination of seller financed mortgages.

If you are an investor looking to contract us to originate your loan, please send us the Sales Contract with details of the transaction via email and we will begin the process.

Turn-Around times are 24-48 hours from the time we get a file in, assuming full cooperation from the borrower.

.

If you are buying a home with owner finance, please click above on "Apply Now".

.

RMLO services include taking a loan application, verification of buyer's ability to repay, and disclosing the mandatory loan disclosures to your buyer.

.

Underwriting RMLO Package includes the following:

  1. STATEMENT OF COMPLIANCE
  2. QUALIFIED MORTGAGE REPORT  
  3. CREDIT REPORT
  4. PROOF OF INCOME 
  5. REQUIRED LOAN DISCLOSURES
  6. SUPPORTING UNDERWRITING DOCUMENTS
  7. CLOSING DISCLOSURE

  

To get started, you can email MAIL@TexasPrideLending.com the Sales Contract with Terms and the buyers contact information and we can get in touch with your buyer to start the process.

~~~.

If you are buying or selling with owner financing, it is extremely important to be compliant.  In order to do so, you are required to use a licensed RMLO to originate the seller finance mortgage to be compliant with the Dodd Frank Act.

Our goal is to support new investors with our owner finance expertise.

From structuring the note terms, assisting in buyer qualification, closing, and servicing your note.  

We will direct the investor to utilize our investor friendly resources like attorney’s who specialize in creating seller finance notes, and useful service providers that are needed to make the transaction close quick and seamlessly.

.

We can also assist with your sub-to's, wrap mortgages, and note sales!

.

In addition to providing excellent customer service for Owner Finance Transactions, Texas Pride Lending is among the top in the industry for providing creative solutions to people looking to purchase a home. We take home buying seriously, and we realize that everyone's needs are different, so we strive to provide our clients with practical and creative solutions to your Real Estate needs.

We look forward to working with you!

.

Texas Pride Lending, LLC. -  NMLS ID #1479522 

.

Figure: 7 TAC 80.200(b)

"CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR ARESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND ACOMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGELENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINTFORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’SWEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE ISAVAILABLE AT 1-877-276-5550.THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OFCERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERSCAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. AWRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUNDMUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THEPAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND,PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV."

 

Recent Articles

Oct
16
2019
The Ultimate Guide to Closing Costs
Just like when you purchase a car, the listed price of the home does not include the additional fees. Essentially, the "sticker price" is not the out-the-door price. For home purchases, these additional fees are lumped together and called "closing costs." Here are the fees you can expect...
Oct
09
2019
Locked vs Floating Mortgage Rate: Which Is Better?
Mortgage rates have been relatively consistent, but don't let that get you too comfortable. Rates are changing all the time  --by how much, and whether it will be in your favor, we cannot say. We can make intelligent guesses, but we can't predict with any certainty...
Oct
02
2019
Financial Benefits of Buying a Home in a College Town
Even if you’re done with college or if your children are years away from higher education, there are still many benefits to living in a college town. And don’t think that college towns are all small towns. College towns can be as urban as Tallahassee, Florida, thriving with...
Sep
25
2019
Should You Buy A Fixer-Upper? How To Tell If It's Right For You
Buying a home that needs significant renovation sounds like a nightmare to some --and a dream come true to others. With renovation reality TV, America has romanticized the idea of buying a fixer-upper and making over their home. But as satisfying as it sounds, remodeling shouldn't be...