No, Thanks to you guys for having me here!
I’m sure some of you recognize my handle from other sites, but if not here’s a quick rundown of what we do at EasyRoadHome ( Please visit our website –
Austin Real Estate Experts, Texas Custom Home Building | Easy Road Home ). Under our Marketing/Umbrella company we have a Real Estate (REI Home Realty), a Mortgage (Prodigy Mortgage), and a Construction (Prodigy Construction) company that can just about handle any of your needs whatsoever. Hopefully below should cover EVERYTHING we are capable of, but certainly don’t hesitate to ask any questions whatsoever. I’m always available via PM, email, this thread, etc.
PRODIGY MORTGAGE:
Types of Loans:
FHA
Conventional
VA
USDA
Jumbo (we have 10% down only Jumbo program as well)
Investment
Second Home
Reverse Mortgage
Commercial
Niche Programs:
Elite Program – 760+ credit, LTV below 70, Loan Amount more than 250k, generally cuts .125 to .25 off
Construction – 1 and 2x close available
Pay Advantage – Up to 97% LTV w/ no MI, Bigger Loan amt w/ Smaller Payments
DU Refi – Up to 125% LTV
HARP 1.0/2.0 (3.0 coming early 2014 hopefully) – Up to 175% LTV, Unlimited CLTV (2.0)
FHA 203(k) Rehab - A type of federally insured mortgage product for individuals who want to rehabilitate or repair a damaged home that will become their primary residence. In addition to the funds to cover the purchase price of the house, the FHA 203(k) loan provides the money needed for repairs and related expenses as part of the loan.
Fannie Mae Homepath, Freddie Mac Homepossible - HomePath financing is available to anyone purchasing a Fannie Mae-owned property. Benefit from a low down payment, no mortgage insurance, etc
Terms/Type:
10, 15, 20, 30 Fixed
3, 5, 7, 10 ARM
Down Payments
Conventional – starts at 5%, 20% avoids PMI (Mortgage Insurance)
FHA – 3.5%
USDA – 0%
VA – 0%
There are also Down Payment Assistance Programs
What we need from you when we start (this will greatly speed up the process if you have it ready to go once we decide to move forward):
2 paystubs
2 months bank statements (all pages) and any other Assets/Investments
2 years W-2
2 years Tax Returns
Copy of DL and SS Card
***And all Hornsports customers will not pay an Application fee. We have no extraneous fees, no admin fees, or any other sort of fluff fees that other companies may charge.
REI HOME REALTY:
Buying
Selling
Rental
Investments (Rental Home, land, etc)
***We offer a 3/1 deal for all HornSports customers where we will sell your house for only 1% commission, and then the standard 3% on the buying side, saving you 2% on the transaction. Definitely a good way to cut costs.
PRODIGY CONSTRUCTION:
We offer your standard custom home building, home improvement, remodel, etc but one unique program we offer is that we've signed an exclusive deal with a company that is kind of going outside the box with the Construction financing process that REALLY benefits the customer. The deal allows you to only put 5% down and the 95% financing (pending qualification obviously) not only includes the cost to build, but also the land. For example, say you're building a 400,000 dollar house (100k land, 300k cost to build it). Standard financing would dictate that you put at least 80,000 down on that (20k on land, 60k on house) whereas through our program it's a simple 20,000 and you're done. No dealing with banks that don't count the land, make you own the land outright, etc etc. We package it all into one deal. The one catch, which I don't consider a catch at all, is that you have to use our custom home building company. We still are very flexible with plans, specs, etc as some of you can attest to that Thad (my business partner) or I have met or talked with about that we definitely work to your needs and wants and make it work 100% to your satisfaction. If you have any questions on this program, or would like to seek pre-qualification on this you can email me.
You can contact me via:
Email:
pdubord@prodigymbo.com
PM:
http://www.hornsports.com/forums/private.php?do=newpm&u=217
Or reply to this thread.
Also, you can fill out a secure application via the link below (please indicate HornSports in the how you heard about us box):
https://www.secureloandocs.com/page1.php?id=13256178&loId=
Lastly, if you have any questions, concerns, anything I will keep an eye on this thread at all times, update it with any market concerns that may be of importance as far as moving interest rates up or down, any new programs (HARP 3.0, etc), but you can always PM or email me and I’ll get you taken care of ASAP
Hook ‘em!
Phil (UTPhil2006)
