Echopoint/CSW offers a broad variety of new loan and refinance programs to meet the needs of residential, investor and commercial customers, including:

NEW LOANS:

  • FHA Loans are loans that are backed by our government and allow people to purchase homes with a small down payment.  And, they're not just for first-time homebuyers or those who have had credit probelms.  Anyone can be eligible.
  • VA loans are also government-backed, and help qualified veterans buy homes.
  • Conventional Loans have a maximum limit of $417,000 in Texas, and are insured by Fannie Mae and Freddie Mac. 
  • Jumbo loans are loans larger than the conforming loan limit ($417,000 in Texas).
  • Private Money, Commercial & Investor Loans finance the income-producing residential and commercial real estate.  Unlike most banks and other traditional lenders, EchoPoint considers each loan request based on its specific merits, and is able to lend based on asset value, equity, general credit-worthiness, a borrower's ability to retire debt in general, and the proposed exit strategy. 

REFINANCES:

  • Conventional Refinances are used when a loan is not eligible for either the "Making Home Affordable" or FHA "Streamline" programs.
  • Making Home Affordable Refinances are specifically designed for people who've made their payments on time, but can't refinance because the value of their home has decreased.  You're eligible if:
    • You own a one- to four-unit home,
    • Your loan is owned/guaranteed by Fannie Mae,
    • You're current on your mortgage payments, and 
    • Your loan balance is equal to or less than your home's current value.   
  • FHA "Streamline" Re-Fis are used to refinance FHA loans, and involve far less documentation and underwriting.  In fact, usually there will be no appraisal, qualifying debt ratios, credit check or income verification.
  • Commercial & Investor Loans which, as noted above,  finance income-producing residential and commercial real estate.   

REVERSE MORTGAGES:

  • Reverse Mortgages (or "Home Equity Conversion Mortgages [HECM]") are an FHA program which enables people over 62 yeas of age to withdraw some of the equity in their home.  They can be used to supplement social security, cover unexpected medical expenses, make home improvements, and for many other things. 

Visit our Loan Center to calculate what you can afford, prequalify or Apply Now!

No matter what your situation might be, there's usually a loan that will meet the need.  Just call us and we'll be happy to help!

Contact us for more details:

EchoPoint Mortgage/CSW Home Loan
4054 McKinney Ave, Suite 302
Dallas, TX 75204
Ph-214.559.0277
Fx-214.242.6778
info@echopointmortgage.com
www.echopointmortgage.com
Open 9am-5pm M-F
NMLS ID # 331730

Responsible + Knowledgeable + Licensed + Competitive + Personable + Resourceful