Our Services
Clarity Driven Loan Solutions
NewTrust Mortgage offers practical mortgage solutions tailored to the financial needs of Texas residents. With a strong understanding of local market conditions, we support homebuyers, investors, and individuals considering home loan refinancing options with clarity and knowledge. Each service is approached with professionalism, ensuring that every client is met with options that are relevant, realistic, and rooted in trust.
Smart Lending for Every Buyer
First-Time Homebuyers – Guidance for Affordable Home Loans
Buying your first home shouldn’t feel like a maze. We simplify the process by walking you through every stage-from understanding your options to securing loan approvals-so you can move forward with confidence. Many benefits for First Time Homebuyers include down payment assistance, reduced interest rates, reduced mortgage insurance, and lower down payment options!
Conventional Loans – Purchase and Refinance Options
| Property Type | Transaction Type | Units | Max LTV (FRM) | Max LTV (ARM) |
|---|---|---|---|---|
| Primary Residence | Purchase / Limited Cash-Out | 1 Unit | 97% | 95% |
| 2 Units | 85% | 85% | ||
| 3–4 Units | 75% | 75% | ||
| Cash-Out Refinance | 1 Unit | 80% | 80% | |
| 2–4 Units | 75% | 75% | ||
| Second Home | Purchase / Limited Cash-Out | 1 Unit | 90% | 90% |
| Cash-Out Refinance | 1 Unit | 75% | 75% | |
| Investment Property | Purchase | 1 Unit | 85% | 85% |
| 2–4 Units | 75% | 75% | ||
| Limited Cash-Out Refinance | 1–4 Units | 75% | 75% | |
| Cash-Out Refinance | 1 Unit | 75% | 75% | |
| 2–4 Units | 70% | 70% |
*97% LTV First Time Homebuyer
Maximum Conventional Loan Amount $832,750
FRM = Fixed Rate Mortgage ARM = Adjustable Rate Mortgage
Refinancing Options – Cash-out Refinance and Rate Reduction
How it Works Explore common refinance pathways with concrete examples and scenarios to help readers choose confidently. Include a side-by-side comparison of term extensions, rate-and-term refinances, cash-out refinances, and debt consolidation options, plus typical timelines and eligibility criteria. Term refinances: 15-year vs 30-year, payment implications, total interest over the life of loan.Cash-out refinances: how much equity is typically unlockable, tax considerations, uses of funds.Rate-and-term refinances vs cash-out: when each is advantageous.Reformulated monthly payment calculator snippet or embed to estimate payments.
DSCR Loans for Investment Properties
Details and Requirements DSCR loans use rental income to qualify, with typical DSCR thresholds (e.g., DSCR ≥ 1.25). Explain typical property types, occupancy assumptions, and lender expectations. Include a sample qualifying scenario and notes on cash-out opportunities and rate expectations.
Government Loans
| Loan Type | Min Down Payment | Min FICO | Max DTI | Occupancy Requirement | Special Requirements |
|---|---|---|---|---|---|
| FHA | 3.5% (580+ FICO)10% (500–579 FICO) | 580 (typical)500 w/ higher down | 31% / 43% (can exceed w/ AUS) | Primary residence only | More flexible credit; mortgage insurance required |
| VA | 0% (typical) | 580 | No set limit (AUS-driven) | Primary residence only | Must be eligible veteran/borrower; funding fee applies |
| USDA | 0% | ~640 | ~29% / 41% (can exceed w/ GUS) | Primary residence only | Income ≤115% AMI; must be in eligible rural area |
Specialty Loans
Construction, Rehab, Bank Statement, No Ratio, 1099, Ag loans, and more!
Take the First Step
Start your personalized purchasing or refinancing journey today. Book a free, no-obligation 15-minute consultation with a local mortgage expert to review your goals, timeline, and eligibility. You’ll receive a tailored mortgage plan and an instant rate quote.