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HOME Loans

We'll help you get the home of your dreams

HOME Loans

We'll help you get the home of your dreams

A loan to help finance the purchase of your home

Looking for a home loan in Texas? Look no further than United Texas. Our team of specialists is here to offer you a personalized experience, serving individuals in Bexar, Kendall, Comal, and Tarrant Counties. 

With competitive rates and a streamlined process, we’ll be with you every step of the way. Get the support you need with your own dedicated home loan liaison.

Types of Home Loans

Home loans aren’t one size fits all; they vary depending on individual circumstances. In fact, there are various types of home loans available to suit different financial situations. What does this mean for you? It means that there’s a loan out there that fits your priorities and budget. Ready to learn more? Keep reading.

Conventional Loan

This is a home loan offered by private lenders without government backing. It requires a higher credit score and down payment but offers competitive rates and flexible terms. They are available as fixed or adjustable-rate loans. Ask us about down payment assistance that is available to qualified applicants. We offer programs for first-time and repeat homebuyers. 

FHA Loan

This is a government-backed, lower down payment option with a great low rate.

Fixed Rate Loan

This loan offers a stable, unchanging rate. You’ll consistently pay the same principal payment for the duration of the loan, unaffected by fluctuating interest rates, until it’s fully repaid. Available for Conventional, USDA, FHA, and VA Loans.

Adjustable-Rate
Mortgage

Get ready for flexibility with an adjustable-rate mortgage, which fluctuates with current interest rates, offering the potential for lower rates in subsequent years if they are initially high upon securing your home loan. Say goodbye to being locked in and hello to potential savings.

Bridge Loan

Looking to buy a new home but still in the process of selling your current one? A bridge loan is the perfect solution. Say goodbye to the hassle of managing multiple mortgage payments. With a bridge loan, you can consolidate everything and make refinancing a breeze.

VA Loan

Calling all United States military veterans! We have an exclusive loan just for you. With this special offer, you can secure a loan without having to worry about a down payment or meeting other typical mortgage requirements. Take advantage of this opportunity designed specifically for veterans like yourself.

USDA Loan

Exploring rural living? Discover the ideal loan that makes acquiring your dream home in nature easier than ever – no down payment required. Benefit from lower interest rates too with USDA loans.

Bank Statement Mortgage Program

This program was created for self-employed borrowers to purchase or refinance a home. Since tax returns are not required, this could be a great option for creditworthy self-employed homebuyers. Learn more!

Debt to Service Coverage Ratio

This program is for investors looking to expand their inventory of rental homes.  All the member needs to do is provide proof of down payment and reserves (2 month bank statements).  The loan is approved if the appraisal report verifies that the rental income for that area can cover the mortgage payment.

  1. Loans up to $3 million with a minimum of $100,000
  2. Purchase and cash-out or rate-term refinance
  3. Short-term rentals allowed (AirDNA reports accepted)
  4. DSCR < 1.0 and No DSCR options available
  5. No income or employment required; qualifications based on property cash flow
  6. Max of five loans; exceptions considered when there are more than five loans
  7. No limit on total number of financed properties a borrower can own
  8. First-time home buyer not allowed
  9. Properties can vest title in LLC, S corp, C corp, or revocable trusts
  10. Permanent and non-permanent residents allowed
  11. Interest-only available; gift funds okay
  12. Up to 6% seller concessions
  13. Warrantable, non-warrantable, and condo hotels allowed

Looking for Down Payment Assistance?

Our One+ Mortgage program and Purchase Plus Mortgage programs are affordable options that can help make the dream of homeownership a reality for more potential homebuyers.

Why Us?

Securing the perfect home loan is crucial to your home-buying journey. At United Texas Credit Union, we’re committed to finding you not just competitive interest rates, but the payment plans that fit seamlessly into your budget. The home buying process can be overwhelming, but with our expertise and support, countless individuals have successfully navigated this exciting milestone. Let us help you take this next step with confidence!

Rates & Calculator

Loan Calculator

Loan Amount
Rate (APR)
Term

Enter your loan details to see your repayment information

Disclaimer: Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their applicability or accuracy in regards to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Monthly payment# of payments
Total paymentTotal interest
Due to frequent market changes, please contact us for rate quotes.

Frequently Asked Questions

Whether you’re a Texan who is purchasing or refinancing, our San Antonio home loan specialists are certain you’ll find we are a lender with your best interests in mind.

It’s best to have a pre-qualification in hand before you hunt for your house. It gives you buying power, helps you search for what you can afford, and shows that you are a serious buyer.

Please complete our application and we’ll issue an approval for a home loan now with no obligation.

Your financial preparedness will determine what you’re qualified to purchase and what type of home loan fits your budget. Our personal home loan liaison in the greater San Antonio area can help you figure this out.

An escrow account is set up by your home loan lender to pay certain property-related expenses on your behalf, such as property taxes and homeowners insurance.

Most home loan professionals will define closings costs as only third-party costs that are NOT associated with the mortgage company. However, the question most consumers are asking is, “what are my out of pocket expenses?” There are four things to consider:

(1.) Down payment. The percentage of the sales price you will be required or willing to put down to purchase your home.

(2.) Prepaid Items. If you have an escrow account, prepaid items will account for the amount of funds to set up the escrow account.

(3.) Third-party fees. These include title company fees, appraisals, inspections, and other fees that are not related directly to the mortgage company.

(4.) The mortgage company’s fees. These include underwriting, processing, origination, discount points and other fees that the company may charge for services to close your home loan.

Discount points or origination fees are costs associated with purchasing a lower interest rate. Typically a 1% discount point/origination fee equals 1% of the loan amount and will lower an interest rate by 0.125%.

A rate lock is a means for the borrower to lock in the lender’s current interest rate. Typically, a rate lock will last 15, 30, 40, or 60 days. You may lock in at the time of application, or you may choose to wait until later in the process as long as you are either refinancing your home, or you have an executed contract with the seller. Your loan officer will discuss the best lock period option for you.

The maximum percentage of your home’s value depends on the purpose of your loan, how you use the property, and the loan type you choose. For this reason, the best way to determine what loan amount we can offer is to complete our online application.

Please contact one of our mortgage loan specialists to discuss your individual situation.

It is highly advisable that you DO NOT enter a purchase contract until a home loan professional has had a chance to review your credit report and supporting documentation (i.e. income documents & assets).

Disclaimer: United Texas CU is a lender licensed under the National Mortgage Licensing System and Registry under registration number 516820.