HomeStyle Mortgage Loans

New American Funding is an approved HomeStyle lender in Most States

No application fees. No hidden costs. Contact us today to qualify for a HomeStylemortgage.

HomeStyleMortgage Benefits Include:

Dallas HomeStyle Lender

    • Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate,
      or interest-only)

 

    • You may qualify even if your credit is less than perfect *

 

    • Available to both owner occupiers and investors

 

    • Down payment (at least 3 percent, more for second home or investment) can be funded by your own savings; a gift; a grant; or a loan from a nonprofit organization, state or local government, or employer

 

    • No mortgage insurance**

 

    • No Appraisal fee

 

Property Eligibility

What Properties are Eligible?

    • Primary Residences – 1 to 4 Unit Properties, Warrantable Condos

 

    • Second Homes – 1 Unit Properties, Warrantable Condos

 

    • Investment Properties – 1 unit only (2-4 unit investment properties are not allowed)

 

What Properties are Ineligible?

    • Manufactured Homes

 

    • Modular Homes

 

To inquire if New American Funding is currently an approved lender for this DPA program, please use the contact form to the right. This webpage is for information purposes only.

New American Funding is an approved HomeStyle Lender in Most States

2 thoughts on “HomeStyle Loans
  1. Anne ButlerSays

    8 years ago

    . have a client with scores in upper 600s and lower 700s. had foreclosure due to job loss and 2 major surgeries in 2 years(2005 & 2007); resulted in foreclosure 12/2009. now is reestablished and can afford FHA up to 600K. Has contract on hse in DC for $560,000, but has DU TOtal refer/eligible with George Mason Mortgage. Need to find lender that can close this loan by 3/16. Client's ratios are 40.74/42.71%. Can you help?

    1. There is a clause for extenuating circumstances. Based on the information you described, this HomePath loan looks likely to be approved. Primarily, we need to be able to document the job loss and both of the surgeries. The credit issues would have to be isolated, meaning NO other credit issues before or after the surgeries. I can see our mortgage team is in contact with you already, but if you have additional questions, please use the contact form on this page, or call (800) 308-8503 or (214) 702-1659! We're here to help.