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We Provide Soft Credit Check
A soft credit check (or soft inquiry) is a review of your credit report that does not affect your credit score. It’s often done by lenders, employers, or individuals checking their own credit. Soft checks are used for purposes like pre-approvals for loans or credit cards, background checks, or monitoring your credit history. These inquiries are visible only to you, not to potential lenders.
Ron Moyal
Realtor - Mortgage Broker - Branch Manager - Preapprovals.com© - Spirit Real Estate Group
Mat Ishbia
CEO of United Wholesale Mortgage - Owner of the Phoenix Suns (NBA TEAM) - #65 FORBES 400 (2024)
Preapprovals.com© UWM MEMBERS TX1649
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Loan Programs
There are several types of loan programs available for homebuyers, each with its own features, benefits, and eligibility requirements. Here are some of the most common loan programs:
Conventional (Fannie Mae & Freddie Mac) Loans
- As Low as 3% Down Payment
- Down Payment Assistance Available (Restrictions Apply)
- 620 Minimum Credit Score
- Loan Terms from 10 to 30 Years
- Down Payment Can be Gifted
- Monthly Mortgage Insurance
- Not Required with 20% or More Down Payment
- Automatically Cancels at 78% LTV (Loan-to-Value)
- $726,200 Maximum Loan Amount
FHA (Federal Housing Administration) Loans
- 3.50% Down Payment
- Down Payment Assistance Available (Restrictions Apply)
- 580 Minimum Credit Score
- Loan Terms from 10 to 30 Years
- Down Payment Can be Gifted
- 1.75% Upfront Mortgage Insurance Premium
- Financed into Loan Amount
- 0.55% Monthly Mortgage Insurance
- Remains for Life of Loan (if Down Payment is < 10%)
- $472,030 Maximum Loan Amount
FHA 203k (Home Renovation) Loans
- 3.50% Down Payment
- Streamline 203k Loan
- Use for Cosmetic and Common Repairs up to $35,000
- Standard 203k Loan
- Use for Extensive Repairs Over $5,000
- 620 Minimum Credit Score
- Down Payment Can be Gifted
- 1.75% Upfront Mortgage Insurance Premium
- Financed into Loan Amount
- 0.55% Monthly Mortgage Insurance
- Remains for Life of Loan (if Down Payment is < 10%)
- $472,030 Maximum Loan Amount
VA (Veterans Affairs) Loans
- Zero Down Payment – 100% Financing
- 580 Minimum Credit Score
- Loan Terms from 10 to 30 Years
- 2.30% Upfront Mortgage Insurance Premium (First-Time Use)
- Financed into Loan Amount
- Will Vary Depending on Down Payment and Subsequent Use
- No Mortgage Insurance
- No Maximum Loan Amount
First-Time Homebuyer Loans
- Down Payment Requirements
- Conventional – 3% (Can be Gifted)
- FHA - 3.50% (Can be Gifted)
- VA - 0% (Zero Down Payment)
- USDA – 0% (Zero Down Payment)
- Down Payment Assistance
- Conventional – Up to 3% (Restrictions Apply)
- FHA – Up to 3.50% (Restrictions Apply)
- Credit Score Requirements
- Conventional – 620+
- FHA – 580+
- VA – 580+
- USDA – 640+
Investment Property Loans
- 20% Down Payment
- 620 Minimum Credit Score
- DSCR (Debt Service Coverage Mortgage)
- Qualify Based on Rental Income
Each loan program has its own unique features and requirements, so it's important for homebuyers to research and compare their options carefully to find the loan that best suits their financial needs and goals.
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See If you qualify for a low down payment option
See how much you qualify for with our quick qualifier! Just enter your zip code to get started. We will tell you how much you qualify and send a pre-qualification letter on completion.
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Get The Right Loan For You!
Whether you are looking to refinance to save on your monthly payments with today's historic low rates, or looking to get pre-qualified to compete with cash offers, we can help!
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Fund Your Loan Today
With today's historically low rates, now is a great time to get financing. Complete our quick secure application, and we will get you a custom quote with different options and review which one best fits your needs!
VA Loan Program with Zero Down!
We are thankful for our veterans service and we would like to help get you into a new home with zero down!
Fill out this quick form and if you are active duty, veteran or spouse of a veteran and were honorably discharged we will do our best to help you get funded with the VA Loan Program.
In addition to zero down, the VA loan limits closing costs and requires no private mortgage insurance (PMI) or early payoff penalties.
Monthly Payment Mortgage Calculator*
Use this calculator to see monthly payments for different loan amounts.
* Please note: this calculator is for illustration payments and actual payments may vary.
Mortgage Solutions with Plano.com – The Real Estate Center of Plano, Texas
At Plano.com, we understand that financing is one of the most critical aspects of buying or refinancing a home. Our expert mortgage team is here to simplify the process, offering personalized guidance, competitive rates, and a wide range of loan programs to meet your unique needs. Led by Ron Moyal, our experienced team ensures you get the best loan options to make your homeownership or refinancing goals a reality.
Why Choose Plano.com for Your Mortgage Needs?
Whether you're purchasing your first home, upgrading to your dream house, or refinancing an existing mortgage, Plano.com is your trusted partner. We provide:
- Expert Guidance: Navigate the loan process with ease and confidence.
- Competitive Quotes: Access top mortgage rates tailored to your financial profile.
- Comprehensive Loan Programs: Conventional, FHA, VA, Jumbo, HDA, and more.
- Fast Pre-Approvals: Get pre-approved quickly to strengthen your buying position.
- Refinance Options: Save money with lower rates or cash-out refinancing.
Our Mortgage Services
1. Mortgage Pre-Approval: Start with Confidence
Pre-approval is a critical first step in the home-buying process. At Plano.com, we make it easy to:
- Determine your budget with a quick financial assessment.
- Obtain a pre-approval letter to strengthen your offers.
- Understand your loan options and monthly payment estimates.
Getting pre-approved shows sellers you’re serious and ready to buy.
2. Loan Programs Tailored to You
We offer a variety of loan programs to meet your specific needs:
Conventional Loans
- Ideal for buyers with strong credit and stable income.
- Competitive rates for primary residences, second homes, and investment properties.
- Options for fixed or adjustable-rate mortgages.
FHA Loans
- Perfect for first-time homebuyers or those with limited savings.
- Low down payment requirements starting at 3.5%.
- Flexible credit score qualifications.
VA Loans
- Exclusive for veterans, active-duty military, and eligible family members.
- Zero down payment and no private mortgage insurance (PMI).
- Competitive interest rates.
Jumbo Loans
- For high-value homes that exceed conventional loan limits.
- Tailored solutions for luxury or high-cost properties.
- Flexible terms and competitive rates.
HDA (Home Down Payment Assistance) Loans
- Assistance for qualifying buyers to cover down payments and closing costs.
- Ideal for first-time buyers or those with financial constraints.
3. Refinance Your Home Loan
Refinancing can help you lower your monthly payments, reduce your interest rate, or access your home’s equity. Plano.com offers:
- Rate and Term Refinancing: Save on interest and pay off your mortgage faster.
- Cash-Out Refinancing: Tap into your home equity for renovations, debt consolidation, or other needs.
- Streamlined Process: Our experts handle the paperwork, making refinancing stress-free.
The Plano.com Mortgage Experience
Choosing the right mortgage is about more than just finding a low rate – it’s about finding the best fit for your financial future. At Plano.com, we prioritize:
- Transparency: No hidden fees or surprises.
- Speed: Fast approvals and seamless processing.
- Customer Focus: Personalized service tailored to your needs.
- Comprehensive Support: From application to closing, we’re with you every step of the way.
Why Plano.com?
The Plano.com Advantage:
- Access to top lenders and competitive rates.
- Local expertise with deep knowledge of Plano’s real estate market.
- A trusted team led by Ron Moyal, dedicated to delivering exceptional results.
- A one-stop solution combining real estate and mortgage services for maximum convenience.