Loan and Services Offered By Prodigy Lending In Mansfield, Texas

 

Even in a city with relatively favorable living standards like Mansfield, it is not easy to find people who can afford to purchase their dream homes in cash. Most residents of Mansfield prefer to finance their homes via a mortgage loan. It’s no secret that owning a home in a city that you love is a dream that every American has. There are several mortgage lenders in Mansfield who’ve made it their mandate to help people achieve this dream.

However, the one mortgage lender that stands out from the rest of them in Mansfield is known as Prodigy Lending. They are a firm that is committed to providing their clients with the best quality of service to suit all their mortgage needs. They have highly specialized loan alternatives to suit all their different types of clients. Whether one is looking to finance their dream home, their first time home, or refinance an existing property, Prodigy Lending are guaranteed to have a loan package fashioned for them. Over their 17 years in operation, they managed to develop a deep understanding of their clients’ needs and preferences as well as the challenges they face in their homeownership journey. They have therefore devoted themselves to making their clients’ experiences better and more efficient. Their various loan programs include;

Conventional Home Loans

Prodigy Lending offers conventional loans with the following qualities over other mortgage lenders in Mansfield:

  • 97% financing i.e. the lowest down payment of only about 3% when other lenders offer the same loans for a down payment as high as 20%
  • Low PMI requirement, unlike other lenders’ conventional loans. This helps to reduce the client’s expenses 
  • Favorable terms of payment from 30, 20, 15 to 10 years
  • Incredibly low-interest charges compared to other lenders
  • No additional lender fees required which helps the client save a lot of money

FHA Home Loans

Prodigy Lending offers FHA loans in Mansfield with the following features:

  • An adjustable down payment of around 3.5%
  • Ideal qualification requirements
  • The best interest rates for an FHA loan
  • Home renovation loans available e.g. the FHA 203k loans
  • Borrowers with high debt-to-income ratios allowed to qualify

VA Home Loans 

Prodigy lending offers VA loans with the following features:

  • 100% home financing
  • No PMI requirement
  • Waivered closing costs
  • Easy steps to qualification
  • Best mortgage rates compared to any other government loan

USDA Home Loans

These loans are offered with the following features:

  • 100% home financing, i.e. no down payment required
  • Favorable interest rates
  • Reduced private mortgage insurance costs

The one major advantage of choosing Prodigy Lending as your lender is that their loan amounts, terms, interest, etc. can all be adjusted to suit a borrower’s needs accordingly as per their request. With them, you are also guaranteed of excellent customer service. These are the loans and services offered by Prodigy Lending in Mansfield.

Contact us today for more loan information!