(210) 987-8943
Our Loan Programs
Candy Williams Home Loans empowered by NEXA Mortgage, LLC offers all types of residential home financing. Explore a wide range of home loan programs designed to meet your unique needs, whether you're a first-time homebuyer, upgrading to your dream home, or seeking to renovate your current property. There's a solution for every stage of homeownership. Let us help you navigate your options and find the perfect fit for your goals.
Get more information about the home buying process
Conventional Loans
Conventional loans often require a higher down payment compared to FHA loans, usually around 5% to 20% of the purchase price. The credit requirements for conventional loans are typically stricter, with lenders looking for a credit score of at least 620 or higher. Mortgage Insurance is more dependent on credit scores and can be eliminated sooner.
FHA Loans
Federal Housing Administration (FHA) loans are a popular option for home buyers, particularly first-time buyers, who may not have a large down payment or a high credit score. FHA loans are insured by the government, which means lenders are more willing to offer these loans to borrowers who may not qualify for a conventional mortgage.
VA Loans
VA loans are a type of mortgage that is available to veterans, active-duty military members, and eligible surviving spouses. These loans are guaranteed by the Department of Veterans Affairs (VA), which means lenders are protected in case the borrower defaults on the loan.
USDA Loans
USDA rural housing loans, backed by the
U.S. Department of Agriculture, are designed to promote homeownership in rural and suburban areas.
While the loans offer 100% financing and low mortgage insurance, there are income and location requirements.
Home Loans for Self-Employed
Self-employed home loans, also known as "non-QM loans," are a type of mortgage designed for self-employed borrowers who may not meet the traditional lending requirements. These loans take into account a borrower's income, which may fluctuate and can be difficult to document.
Renovation Loans
Renovation mortgages allow you to buy or refinance a home and include the cost of repairs or upgrades in one loan. They’re perfect for turning a fixer-upper into your dream home. With flexible options, you can fund everything from minor updates to major renovations, using FHA, Conventional and even VA and USDA loan programs.
Second Mortgages
A second mortgage is a type of home loan that allows homeowners to borrow against the equity they've built up in their property. Unlike a primary mortgage, a second mortgage is a separate loan that is in addition to the first mortgage. Second mortgages can be a way to access cash for home improvements, debt consolidation, or other expenses.
Home Equity Lines of Credit
A home equity line of credit (HELOC), like a second mortgage, is an additional loan separate from the primary mortgage. In some cases, if there’s no primary mortgage, the HELOC may serve as the sole lien on the property.
Reverse Mortgages
A reverse mortgage is for homeowners aged 62 and older, allowing them to convert a portion of their home equity into cash without selling their home.
Reverse mortgages don’t require monthly payments. Instead, the loan is repaid when the homeowner sells the home, moves out permanently, or passes away.
New Construction Loans
These loans provide the funds needed to purchase land and cover construction costs, all within one streamlined financing package. These loans can be handled in one of two ways: a one-time close construction loan or a two-time close construction loan.
Jumbo Loans
Jumbo loans are a type of mortgage designed for financing high-value properties that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. These loans provide access to larger loan amounts, making them ideal for luxury homes, high-cost markets, or borrowers seeking to purchase or refinance a property with a significant price tag.
Copyright ©2021 | Candy Williams Home Loans | NMLS# 187126 | Licensed to do business in Texas
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
Corporate | NMLS ID NMLS# 1660690 | Corporate Address : 3100 W Ray Road #201 Office #209 Chandler, AZ 85226
Copyright ©2021 | Candy Williams Home Loans | NMLS# 187126 | Licensed to do business in Texas
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
Corporate | NMLS ID NMLS# 1660690 | Corporate Address : 3100 W Ray Road #201 Office #209 Chandler, AZ 85226