SERVING YOU FROM HOME TO LOAN

We are the number one stop in the Southwest region for simplifying the Homebuying Process. We’ve been serving the Southwest area for more than 35 years, and we do it with pride.

Discover our affiliated business, Global Realty Alliance, where our team can assist you with finding the home of your dreams. Although it is not required, if you work with Global Realty Alliance.

Because Mortgages Aren't "One Size Fits All"

discover your loan type

USDA LOAN

  • Guaranteed by the USDA, this mortgage was originally created to help rural Americans purchase a home of their own. USDA financing provides significant benefits to homebuyers in a wide variety of areas around the country.

  • The USDA home loan was created to improve the economy and quality of life in rural and suburban America. It has less stringent qualifications and credit requirements compared to many other mortgage options. Income limits vary by location and depend on the size of your household.

    And while a USDA-backed mortgage may seem like it is only meant for those familiar with the country, you may be surprised at how accessible this home loan is. Eligibility is simply a matter of meeting the income and location requirements.

  • The USDA mortgage offers qualifying borrowers the option of no down payment when they purchase a home in designated rural areas.

    If you’re interested in a USDA home loan, getting pre-qualified now is a great place to start. Talk to your Loan Officer to see if you qualify for a USDA home loan today.

CONVENTIONAL LOAN

  • A Conventional home loan can offer great rates and flexible qualifying guidelines. A Conventional loan is also known as a Conforming loan because it conforms to the standards set by Fannie Mae and Freddie Mac—which are two agencies that help standardize the mortgage industry. The maximum conforming loan limit for one-unit properties is $510,400 (or $765,600 in high-cost areas). If you need mortgage financing for more than that amount, you should look at Jumbo loan options.

  • Conventional financing appeals to a wide demographic, although it is best suited for those with a good credit score. While you can still qualify with a lower score, there may be higher costs associated with your mortgage.

    If you have good credit and money for a down payment, you can take advantage of some great options with a Conventional loan. Be sure to check with your Loan Officer about your specific situation.

  • A Conventional loan can require as little as 3% down, making it a great option for those who do not want an FHA loan. While Conventional loans do require mortgage insurance if you are putting less than 20% down, you can cancel the mortgage insurance after your home equity reaches 20%. Even better, Conventional financing does not require Upfront mortgage insurance like an FHA.

    If you're ready to start your home buying journey, speaking to a loan officer is a great place to start.

    Get pre-qualified now and we'll review your current financial situation and credit score to help you find the best option for you.

JUMBO LOAN

  • A Jumbo mortgage can help you get into the home of your dreams! It is a non-conforming loan, which simply means that the amount you want to borrow is over $510,400 (or $765,600 in high-cost areas). Anything under that would be a conforming, or Conventional Loan. Depending on your needs, you should review the differences between a Fixed-Rate and an Adjustable Rate Mortgage (ARM).

  • Because a Jumbo loan is not eligible for purchase by Fannie Mae or Freddie Mac, they must be sold on the secondary market. What does that mean for you? It means that they can have stricter credit score guidelines and may require larger down payments. However, there are many Jumbo home loans that do not require large down payments and may not require mortgage insurance (MI).

    The minimum credit score depends on a variety of factors, so be sure to check with your Loan Officer about your specific situation.

  • The down payment required depends on a variety of factors. Lennar Mortgage has a variety of Jumbo loans for our borrowers that can fit almost any situation.

    Get pre-qualified today to see how much home you can afford!

VA LOAN

  • A VA mortgage is fully backed by the U.S. government and is one of the most attractive and flexible mortgages available. It was specifically designed to honor our Veterans and active-duty military personnel and assist them with getting into a home of their own.

    A VA loan offers up to 100% financing for borrowers with sufficient entitlement to qualify. It also has more lenient credit and qualifying guidelines compared to Conventional mortgages. Even better, a VA mortgage does not require monthly private mortgage insurance, which could result in hundreds of dollars in savings annually.

  • VA home loans are available exclusively to qualifying active-duty service members, veterans, reserve members, National Guard members, and eligible surviving spouses. To qualify for a VA loan, you must have sufficient credit and income and a valid Certificate of Eligibility (COE). Get pre-qualified now to get the process started!

    If you are unsure if you meet these requirements, be sure to check with your local Loan Officer. They’ll be able to look at your specific situation and help you figure out if you can qualify for VA financing.

    You can also Refinance your existing VA loan and obtain a lower rate with a VA Interest Rate Reduction Refinance Loan (IRRRL) or a cash-out refinance loan.

  • One of the most appealing benefits of a VA mortgage is that, in most cases, a down payment is not required. That means you can finance up to 100% of the loan as long as the amount is at or under the local conforming limits.

    Not sure if you qualify for a VA home loan or if you meet the guidelines to buy a home with no down payment? Contact your local Loan Officer to get pre-qualified today and discover how to take full advantage of your much-deserved VA benefits.

    Lennar Mortgage First-Time Homebuyer Guide

FHA LOAN

  • An FHA mortgage is insured by the Federal Housing Administration (FHA) and is a popular option with first-time homebuyers. It was specifically designed to help potential homebuyers get into a home with less stress by providing lower down payment options and flexible underwriting guidelines. FHA-approved lenders are able to offer these benefits because borrowers with an FHA loan pay mortgage insurance, which protects the lender in case the borrower defaults.

  • Because an FHA loan is government-insured, it has less stringent qualifications and credit requirements compared to Conventional financing. The minimum credit score depends on a variety of factors, so be sure to check with your Loan Officer about your specific situation. The FHA mortgage was originally created for first-time homebuyers, but it is now open to a much wider audience. Under FHA guidelines, if you have not owned a primary residence for at least three years you can qualify as a first-time homebuyer!

  • A down payment as low as 3.5% is available through an FHA home loan. This amount may even be covered through a gift from a family member or by down payment assistance through state or local government programs. Ask your Loan Officer for available options in your area. If you’re not sure you can qualify for a mortgage, speaking to a loan officer who specializes in FHA financing may be a great place to start. Get pre-qualified now and we’ll review your current financial situation and credit score to help you find the best option for you.

  • It's a common misconception that you need perfect credit to buy a home. Whether you have good credit or have had a few bumps along the way, we can help! Lennar Mortgage's Homebuyer Solutions Group (HBSG) is equipped with a team of dedicated, personal Mortgage Credit Specialists that are committed to helping you improve your credit for homeownership. Don't let a few bumps stand in your way - learn more today and let us help!

REFINANCE

  • Refinancing is when you replace your current mortgage with a new home loan. This new mortgage comes with a new term, interest rate and monthly payment that is normally more affordable in the long-run.

    As a homeowner, you may qualify for a number of benefits that can yield substantial savings when you refinance your mortgage. Refinancing may allow you to tap into some of your home's value, helping you to make the most of your finances. Lennar Mortgage has a variety of refinance options to fit any situation and budget.

    Choose from two types of refinancing options:

    1. Rate-and-Term Refinance- Consider this option if your financial status changes and you wish to pay your house off early or if your current interest rate is higher than the market rate.

    2. Cash-Out Refinance- Consider this option if you would like to take some of the equity out of your home and use it as cash for other purposes.

  • There are multiple reasons that you may be considering refinancing your mortgage. A few include:

    Lowering your monthly payments - Reducing your interest rate with a refinance may allow you to build more equity in your home while decreasing your monthly payments.

    A shorter loan term - When interest rates fall, homeowners have an opportunity to refinance their existing home loan for another with a significantly shorter term.

    Eliminate Private Mortgage Insurance (PMI) - If you originally purchased your home with less than 20% down, you are likely paying for private mortgage insurance. If your home value has increased enough, a refinance may lead to an end of those extra monthly payments.

    Adjust your loan type - Even if you are not looking to lower your interest rate or monthly payment, you may be looking to switch your loan type from an Adjustable-Rate to a Fixed Rate, or vice versa.

    Cash-out Refinance options - A cash-out refinance allows you to take out a new mortgage for more than you owe so you to take the difference. This can help with any upcoming large expenses. Consolidate medical or student loan debt.

  • Ready to unlock the equity in your home and take control of your financial future? You can get pre-qualified in as little as 10 minutes with our Digital Mortgage. Talk to your loan officer to assess which refinance option is the right one for you.

    *IMPORTANT – when refinancing your existing loan, your total finance charges may be higher over the life of the loan.