Your Keys.Our Mission.
We find you the best loan, the best rate, and the fastest path to closing.
Our Loan Programs
Wide range of mortgage solutions tailored to your unique situation.
DSCR Loans
No personal income verification. Qualify based on rental cash flow, perfect for investors.
Learn MoreFHA Loans
Low down payments as low as 3.5% with flexible credit requirements. Perfect for first time buyers.
Learn MoreVA Loans
Exclusive for veterans and active military. Zero down payment with no PMI required.
Learn MoreConventional Loans
Competitive rates for buyers with strong credit. Down payments starting at 3% with no upfront mortgage insurance.
Learn MoreJumbo Loans
Financing for luxury homes above conventional loan limits. Competitive rates for high value properties.
Learn MoreRefinance
Lower your rate, reduce your payment, or cash out equity. We find the best refinance option.
Learn MoreHow It Works
Simple, transparent, fast from application to keys.
Apply
Submit your full application
Get Approved
We shop 40+ lenders
Shop
Find your home with confidence
Close and Move In
As fast as 21 days
DSCR Loans
- No personal income verification
- Qualify based on rental income
- Short term rentals OK
- Multiple property financing
- LLCs welcome
FHA Loans
- Credit scores as low as 580
- Down payment as low as 3.5%
- Gift funds allowed
- Flexible debt to income ratios
- Government backed security
VA Loans
- Zero down payment required
- No private mortgage insurance
- Competitive interest rates
- Available to veterans and military
- Flexible credit requirements
Conventional Loans
- Down payment starting at 3%
- Best rates for 620+ credit
- No upfront mortgage insurance
- Primary, second homes and investment
- Fixed and adjustable rate options
Jumbo Loans
- Loans above conforming limits
- Luxury and high value properties
- Competitive jumbo rates
- Primary or second homes
- Personalized underwriting
Refinance
- Rate and term refinance
- Cash out refinance
- Streamline FHA and VA refi
- Debt consolidation
- Remove PMI
Conventional Loans
The most widely used mortgage in America. Conventional loans offer competitive rates, flexible terms, and no upfront mortgage insurance for qualified buyers.
Key Benefits
- Down payment starting at 3%
- No upfront mortgage insurance
- PMI removed once you reach 20% equity
- Best rates for buyers with 720+ credit
- Primary, second home and investment use
- Fixed and adjustable rate options
Basic Requirements
- Minimum 620 credit score
- Steady 2 year employment history
- Debt to income ratio below 45%
- Loan amounts up to $766,550
- Full income and asset documentation
- Property appraisal required
What is a Conventional Loan?
A conventional loan is a mortgage not backed by a government agency. Instead it follows guidelines set by Fannie Mae and Freddie Mac. Because these loans are not government backed, they typically require stronger credit and documentation, but reward qualified buyers with lower rates and no upfront mortgage insurance fees.
What is PMI and when can I remove it?
Private Mortgage Insurance (PMI) is required when your down payment is less than 20%. Unlike FHA mortgage insurance which often stays for the life of the loan, conventional PMI is automatically removed once your loan balance reaches 80% of the home value. This can save you significant money over time.
Conventional vs FHA — which is better for me?
If you have a credit score of 700 or higher and can put at least 5% down, a conventional loan often saves you money in the long run because PMI is temporary and rates are typically lower. If your credit score is below 680 or you have limited down payment funds, an FHA loan may be the better fit. We will help you compare both options.
FHA Loans
Backed by the Federal Housing Administration and designed to help buyers with less than perfect credit or limited savings achieve homeownership.
Key Benefits
- Down payment as low as 3.5%
- Credit scores accepted from 580
- Gift funds allowed for down payment
- Flexible debt to income ratio limits
- Government backed security
- Great for first time homebuyers
Basic Requirements
- Minimum 580 credit score
- Steady employment 2 years preferred
- Primary residence only
- Property must meet FHA standards
- Mortgage insurance required
- 500 to 579 score requires 10% down
What is an FHA Loan?
An FHA loan is a government backed mortgage insured by the Federal Housing Administration. Because the government insures the loan, lenders can offer more flexible qualifying terms including lower credit score requirements and smaller down payments. This makes FHA loans ideal for buyers who may not qualify for conventional financing.
What is Mortgage Insurance (MIP)?
FHA loans require mortgage insurance premiums — both an upfront fee (1.75% of the loan) and an annual fee added to your monthly payment. MIP protects the lender if you default. Unlike PMI on conventional loans, FHA MIP typically stays for the life of the loan unless you put 10% or more down.
Can I use gift money for my down payment?
Yes! FHA loans allow the entire down payment to come from a gift from a family member, employer, or approved organization. This makes FHA loans one of the most accessible options for buyers who need help with upfront costs.
VA Loans
The most powerful mortgage benefit available to those who have served our country. Zero down, no PMI, and competitive rates earned through service.
Key Benefits
- Zero down payment required
- No private mortgage insurance
- Competitive interest rates
- No prepayment penalty
- Easier to qualify than conventional
- Can be used multiple times
Who Qualifies?
- Active duty service members
- Veterans with honorable discharge
- National Guard and Reserve members
- Surviving spouses of veterans
- Minimum service requirements apply
- Valid Certificate of Eligibility needed
What is a VA Loan?
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs. The guarantee means lenders take on less risk, allowing them to offer outstanding terms including zero down payment and no mortgage insurance. It is widely considered the best mortgage program available for those who qualify.
What is the VA Funding Fee?
Most VA borrowers pay a one time funding fee that ranges from 1.25% to 3.3% of the loan amount depending on down payment and whether it is your first VA loan. Disabled veterans are typically exempt from this fee. It can be rolled into the loan amount.
DSCR Loans
No W2s. No tax returns. Qualify based on rental income of the property — perfect for real estate investors.
Key Benefits
- No personal income verification
- No W2s or tax returns required
- Qualify using property rental income
- LLCs and corporations welcome
- Short term rentals Airbnb eligible
- No limit on number of properties
Basic Requirements
- Minimum 620 credit score
- 15% to 25% down payment
- DSCR ratio of 1.0 or higher preferred
- Investment property only
- Property must generate rental income
- Appraisal with rent schedule required
What does DSCR mean?
DSCR stands for Debt Service Coverage Ratio. It measures whether a property generates enough rental income to cover the mortgage payment. The formula is Monthly Rental Income divided by Monthly PITIA (principal, interest, taxes, insurance, and HOA dues). A ratio of 1.0 means rent exactly covers the payment.
Can I close in my LLC name?
Absolutely. DSCR loans are one of the few mortgage products that allow you to close in the name of an LLC or corporation — a major advantage for investors who want to protect personal assets and keep investment properties separate from personal finances.
First Time Homebuyer Programs
Texas offers incredible programs to help first time buyers afford their down payment and closing costs — and we know them all.
Programs Available
- My First Texas Home up to 5% DPA
- TSAHC Home Sweet Texas
- SETH Programs
- Texas Mortgage Credit Certificate
- FHA with DPA overlay
- USDA Zero Down rural areas
Common Requirements
- First time buyer or 3 year non ownership
- Income limits may apply by county
- Primary residence only
- Homebuyer education course may be required
- Minimum credit score of 620 typically
- Purchase price limits apply
What is Down Payment Assistance?
Down payment assistance is money given or loaned to help cover the down payment and sometimes closing costs. Texas has several state funded programs that provide up to 5% of the purchase price as a grant or zero interest second loan. Many buyers do not realize they qualify — let us check for you!
Do I have to be a true first time buyer?
Most programs define a first time buyer as someone who has not owned a primary residence in the past 3 years. Veterans and buyers in certain targeted areas are often exempt from this requirement entirely.
Self Employed and Bank Statement Loans
Being your own boss should not stop you from owning a home. We use 12 to 24 months of bank deposits to verify income — no tax returns needed.
Key Benefits
- No tax returns required
- No W2s or pay stubs needed
- 12 or 24 month bank statements
- Business or personal bank accounts
- 1099 contractors welcome
- CPA letter can strengthen file
Who Qualifies?
- Self employed business owners
- Freelancers and independent contractors
- 1099 income earners
- Gig economy workers
- Real estate professionals
- Minimum 620 credit score typically
Why bank statement loans?
Most self employed borrowers write off significant business expenses on their tax returns — which hurts mortgage qualification since lenders use taxable income. Bank statement loans solve this by looking at your actual cash deposits over 12 to 24 months instead of your tax returns.
Refinance Your Mortgage
Lower your payment, reduce your rate, shorten your term, or access cash — sometimes all at once.
Refinance Options
- Rate and term refinance
- Cash out refinance
- FHA Streamline refinance
- VA IRRRL
- Debt consolidation refinance
- Remove PMI with built up equity
Good Reasons to Refinance
- Rates dropped since you bought
- Credit score improved significantly
- Need to access home equity
- Want to shorten loan to 15 years
- Remove a co borrower from loan
- Switch from adjustable to fixed rate
When does it make sense to refinance?
A common guideline is to refinance when you can reduce your interest rate by at least 0.5% to 1% and plan to stay in the home long enough to recoup the closing costs. We can calculate your break even point for you so you know exactly when the refinance pays off.
Jumbo Loans
For home purchases that exceed conventional loan limits. Competitive jumbo rates with personalized underwriting for high value properties.
Key Benefits
- Loan amounts above $766,550
- Primary residence and second homes
- Competitive jumbo interest rates
- Fixed and adjustable rate options
- Personalized underwriting review
- Luxury property specialists
Typical Requirements
- Minimum 700+ credit score
- 10% to 20% down payment
- Strong income documentation
- Significant cash reserves required
- Debt to income ratio below 43%
- Full appraisal required
What is a Jumbo Loan?
A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. In most U.S. counties the 2024 conforming limit is $766,550. Any loan above this amount requires jumbo financing with slightly stricter qualifying requirements.
New Construction Loans
Building your dream home? Lock in your rate, fund the build, and convert to a permanent mortgage seamlessly.
Key Benefits
- Construction to permanent loans
- One time close saves money and time
- Lock your rate before construction
- Interest only payments during build
- Works with most licensed builders
- Custom and production homes eligible
Basic Requirements
- Minimum 620 to 680 credit score
- Licensed and insured builder required
- Detailed construction contract needed
- Plans and specifications required
- Builder approval by lender
- Inspections at each draw stage
What is a Construction to Permanent Loan?
A one time close loan combines your construction financing and permanent mortgage into one loan with one closing. You pay closing costs only once, lock your rate at the start, and the loan automatically converts to a regular mortgage once construction is complete.
Payment Estimator
Cost of Waiting Calculator
See how much waiting to buy could cost you
DSCR Calculator
Find out if your investment property qualifies for a DSCR loan
1.25+ = Strong 1.0+ = Qualifies Below 1.0 = May not qualify
Your Loan Officers
Ashley Herrera
Connie Guerra
Why Choose Loanoligi?
We Shop 40+ Lenders
Unlike big banks, we work with dozens of lenders to find you the best rate and terms for your situation.
Personal Service
Work directly with Ashley or Connie — not a call center. Text, call, or email anytime.
Fast Close
We close loans in as few as 21 days. Do not lose your dream home to a slow lender.
Education First
We educate every client so you fully understand your loan before signing. No surprises at closing.
Submit Full Application
Complete your full loan application with us. We collect your documents and shop 40+ lenders to find you the absolute best rate and terms available.
Shop for Your Home
Armed with your preapproval letter, work with a realtor to find your home. Your preapproval shows sellers you are a serious and qualified buyer.
Make an Offer
Your loan officer is available throughout the process to help structure your offer and ensure your financing terms are competitive.
Processing and Underwriting
The lender reviews everything. We stay on top of the file daily and keep you updated every step of the way.
Clear to Close and Get Your Keys!
Underwriting approves your loan. Sign final documents at closing and celebrate — you are a homeowner!
"Ashley made our first home purchase stress free! She answered every question and kept us informed throughout. We closed in 28 days!"
"Connie was incredible. As a self employed borrower, I thought I would never get approved. She found us a bank statement loan that worked perfectly!"
"Used Loanoligi for a DSCR loan on my rental property. No income docs, fast close, great communication. Already referred two friends!"
"As a veteran I did not know about all my VA benefits. Ashley walked me through everything and we got zero down with no PMI. Life changing!"
"First time buyer here. Connie held my hand through every step and even helped me get down payment assistance I did not know I qualified for!"
"Refinanced with Loanoligi and saved $280 a month. The whole process was faster than expected. These ladies know their stuff!"
First Time Homebuyers Complete Guide
Everything you need to know about buying your first home in Texas
- How to check and improve your credit
- Down payment assistance programs in Texas
- FHA vs Conventional vs VA loans explained
- The mortgage process step by step
- What to expect at closing
- First time buyer mistakes to avoid
- Documents you will need
- Understanding closing costs
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Contact Information
NMLS 2675184
Licensed Mortgage Broker — Texas
Equal Housing Lender
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Effective Date: May 12, 2025
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Loanoligi — NMLS 2675184 — Equal Housing Lender — State of Texas
Effective Date: May 12, 2025
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No Guarantee of Rates or Terms
Rates, terms, and loan availability are subject to change without notice. Pre qualification is not a commitment to lend. All loans are subject to underwriting approval.
Disclaimer
Loanoligi is a licensed mortgage broker and does not directly underwrite or fund loans. All information is subject to change without notice.
Company Information
Loanoligi — NMLS 2675184 — Licensed Mortgage Broker — State of Texas — Equal Housing Lender
Individual Loan Officers
Ashley Herrera — NMLS 846774
Connie Guerra — NMLS 966684
Disclosures
Not a commitment to lend. All loans subject to underwriting approval. Rates and terms subject to change without notice.
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Loanoligi — NMLS 2675184 — Equal Housing Lender — Your information is never sold or shared. Privacy Policy