Greatwall Inc dba Universal Mortgage was established in 1994 and provides lending services in Texas, California and Louisiana. Whether you are a first time home buyer or purchasing your dream home, we will help you find the right financing solutions to meet your needs. A smart buyer is an informed buyer.
FHA loans are a popular choice among first time homebuyers given their low down payment requirements and ease of qualification. Learn more about how you can qualify for an FHA loan. Veterans, active military, and their families can take advantage of a VA loan to purchase a home with no money down, great interest rates, and no private mortgage insurance.
FHA loans are a popular choice among first time homebuyers given their low down payment requirements and ease of qualification. Learn more about how you can qualify for an FHA loan. Veterans, active military, and their families can take advantage of a VA loan to purchase a home with no money down, great interest rates, and no private mortgage insurance.
Services
Greatwall, Inc's mission is to provide all clients with the perfect mortgage programs and real estate deals that are tailored to fit your unique situation at some of the most competitive rates in the nation. After receiving your information, Greatwall, Inc will be able to get a complete look at your financial situation to determine how to use your new mortgage as a financial tool.
One of the first choices a homebuyer will need to make is whether you want a fixed-rate or an adjustable-rate mortgage loan. The bulk of loans will fit into one of these two categories, however, there is a third option that will allow you to "hybrid" the two. An adjustable-rate mortgage, (ARM): The interest rate of the mortgage adjusts periodically based on market conditions.
Refinancing a mortgage is when a borrower gets a better interest rate and/or loan term. A borrower can achieve lower monthly payments and if they qualify, use their equity to obtain money that can be spent by the borrower. There are several pros and cons of refinancing a mortgage and we can help determine if this is right for you.
The FHA 203k is a renovation loan program that provides funds for both the purchase and renovation of a home. There are two types of an FHA 203k loan. The first is normal 203k, which is given for properties that need structural repairs such as a new roof or a room addition. The second is the streamlined 203k, which is given for non-structural repairs such as painting and new appliances.
Conventional loans are mortgage loans offered by non-government sponsored lenders. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate. While many think that a 20% down payment is required for all conventional loans, many lenders now offer low down payment options.
