Jamaica Beach, TX Home Loan
Hundreds of home buyers across Jamaica Beach, TX are ready to buy a home or refinance. Consumers shopping for mortgage rates should always get a minimum of two quotes. Knowing the difference between wholesale mortgage brokers and retail lenders or banks could save you thousands over the life of your Jamaica Beach home loan. When it comes to buying, we have solutions for less than perfect credit and even those with little savings or down payment. To help home buyers overcome challenges we offer more programs and the extra benefit of wholesale rates. We simplify the home buying and refinancing challenges presented by 2024 Jamaica Beach mortgage guidelines. Our mission is to get you approved and into the best home loan Jamaica Beach has to offer. Even if you think you won’t qualify, our highly trained specialists will work with you closely on an individual basis to:
- Review your finances to find a payment you can afford.
- Improve your credit score if needed to qualify.
- Obtain pre-approval to shop for the home of your dreams.
- Secure a loan and purchase your new home!
Home Loan Options
When it comes to Jamaica Beach home loan options we have them all. Every day Jamaica Beach welcomes new home buyers while current residents refinance their homes. Home Buyer Options Home buyers with good credit are settling for our conventional loan with 3% down, some opt to keep the savings in the bank and get a grant to cover the down payment. Our fair and bruised credit borrowers like the FHA mortgage option, programs start with lower credit scores and FHA grant options are still an option pending FICO scores. Refinancing Options When it comes to refinancing your Jamaica Beach, TX home you have options. Rate and term, cash out, and debt consolidation are all common reasons to refinance a home. When mortgage rates drop consumers refinance to a lower rate to save on their payment. Some consumers who have adjustable rate mortgage loans refinance into a fixed rate. Those looking to pay off the mortgage faster will often refinance to a shorter term, example from a 30 year fixed rate to a 15 year fixed or even a 10 year fixed term. When consumers are feeling the stress of high interest credit card debt a debt consolidation refinance might be the right option. Paying off high interest debt into a low 30 year fixed rate makes for the ultimate stress reliever. Consumers are also taking cash from their equity to invest in other properties, take a well needed vacation, or even pay for college tuition.
Home loan experts near Jamaica Beach, TX are standing by and ready to help. Connect with a licensed Jamaica Beach home loan specialist, ask questions, see if you qualify, and get free quotes. Call (888)416-0920
Mortgage Brokers near Jamaica Beach, TX
When it comes to Jamaica Beach, TX home loans, Mortgage Brokers have more options. Regardless of what a consumer thinks, Jamaica Beach Mortgage Brokers offer a wholesale rate and lower costs. Going directly to the bank or a mortgage lender is not a better option. If you are in doubt, it is always a good idea to get a couple of quotes and compare them. If you still don’t understand the difference between wholesale and retail mortgage rates call (888)416-0920. A Jamaica Beach, TX Mortgage Broker will be able to offer you more programs. Banks and Lenders have set mortgage guidelines including set credit score limits. Mortgage Brokers in Jamaica Beach can work with all types of credit scores.
Working around Credit Issues with Top Rated Specialists
The Jamaica Beach home loan team is celebrating its 26th year in business. Our experience allows for consumer mortgage confidence especially with local home buyers and those looking to refinance. We navigate consumers through the mortgage process, explain options and find what choice works best for you.
Get on the Path to a better home loan. We got your Back!
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Home Loan Benefits in Jamaica Beach, TX
- No Application Fee
- Wholesale mortgage rates
- A+ Rating with the BBB
- Refinance with Cash Out
- Grants for New Buyers
- 5 Star Excellent Rating
Find your Home Loan near Jamaica Beach, TX (888)416-0920.
Jamaica Beach is a city in Galveston County, Texas, United States on Galveston Island. As of the 2010 census, the city’s population was 983.[5] the city is bordered by Galveston to the east and west, the east bay on the north and the Gulf of Mexico to the south.
Prior to its development, Jamaica Beach was a burial ground of the Karankawa people. Johnny Goyen and Earl Galceran of the Jamaica Corporation developed Jamaica Beach as a 2,000-lot resort subdivision in close proximity to a marina.[6] The individuals who were a part of the development effort were Goyen, Galceran, brothers Jack and Welcome Wilson, Bill Sherrill, and Jack Valenti. They acquired an area of 320 acres (130 ha) that was owned by the Moody family. An oil businessperson named R.E. “Bob” Smith decided not to be a partner in the development, but he purchased the Moody land and sold it to the developers. He did not ask for any down payments and he guaranteed a $250,000 bank loan. Initially, the beachfront lots, each 90 feet (27 m), were sold for $3,500 apiece. The “second row” houses sold at a quick pace. As the subsequent rows of houses opened to sale, the sales figures decreased slowly because while wealthy people were easily able to acquire second houses, middle class homebuyers were unable to get a mortgage, and needed to pay for the homebuilding with cash.[7]