Town Square Mortgage
Town Square Mortgage, headquartered in Dallas, Texas, offers a wide range of loan solutions and guarantees to close home loans in 21 days or less. The company provides various mortgage options, down payment assistance programs, and has a mobile app for efficient loan management.
Loan Solutions Offered by Town Square Mortgage
Town Square Mortgage offers a range of loan solutions tailored to meet diverse client needs. These include Conventional Loans, FHA Loans, VA Loans, Jumbo Loans, Non-QM Loans, ITIN Loans, USDA Loans, and Second Home & Investment Loans. Additionally, they offer Fixed-Rate Mortgages, Adjustable-Rate Mortgages, and Refinance Loans, ensuring flexibility to suit different financial situations and property types.
Town Square Mortgage Down Payment Assistance Programs
Town Square Mortgage provides various down payment assistance programs designed to help clients handle the down payment and closing costs associated with purchasing a home. These programs aim to make homeownership more accessible to a broader range of potential homeowners by easing the financial burden of upfront costs.
In-House Loan Process and Mobile App
Town Square Mortgage facilitates a streamlined and efficient loan process through its in-house capabilities, guaranteeing home loan closures within 21 days or less. They also offer a user-friendly mobile app that enables clients to apply for loans, receive loan approvals, upload documents, and track loan status. The app further allows clients to message loan originators, calculate loan scenarios, and use eClosing functionalities from anywhere.
Specialized Loan Programs at Town Square Mortgage
Town Square Mortgage provides home loans for self-employed individuals with flexible qualification guidelines. They also offer VA loans with benefits such as 0% down payment, no mortgage insurance, and flexible qualifications. FHA loans come with 3.5% down payment options, lower interest rates, and lenient qualification criteria. Additionally, ITIN loans are available for clients with Individual Tax Identification Numbers, and USDA loans for eligible rural properties include 0% down payment options and no mortgage insurance.
Town Square Mortgage Merger and Expanded Presence
In 2023, Town Square Mortgage merged with American Portfolio Mortgage Corporation (APMC), extending its reach and increasing its total state license count to 36. Headquartered in Dallas, Texas, Town Square Mortgage now has branch locations across multiple states, including Alabama, Arizona, Florida, Texas, and many more. This merger expands their operational capacity and enhances their service delivery across a broader geographical area.