Dallas Home Lenders

Don't use Texas Lending dot com, they are a ripoff. Know this firsthand.

If you are a member of a credit union, try going through CU Members Mortgage (operated by Colonial Savings out of Fort Worth). That's who I have on my residence.

Going through it right now in Houston. I would shop around. Get all of your financial information together first (W-2s, tax returns, pay stubs and bank statements). It depends on how complex your income stream is, but if it's straight and to the point it's pretty simple. My income is rather complex due to the fact I am self-employed.

I assume you know what you can qualify for and are staying below that. If that is the case it's all about interest rates and the origination charge. I initially got in at 4.85% two months ago, but have since got 4.55%. Most lenders don't charge you anything to open an application and get pre-qualified. So just call one up and see how it goes.

Get the pre-qualification before you shop for houses. Then once you find a house and make an offer you can then figure out what lender you want to go with.

I initially went with a mortgage broker I found, but then switched to one my realtor recommended. I close in two weeks.