Welcome to McDougall Mortgages of Austin, Texas!
The McDougall Mortgages Team of Austin, Texas is committed to providing clients with the highest quality Austin mortgage loans combined with some of the lowest mortgage rates available in all of Texas. Whether you are a Texas first time home buyer, purchasing your dream home with a Texas FHA loan, refinancing an outstanding loan, or consolidating debt, our highly experienced team of Austin, Texas mortgage bankers can help make your dreams come true.
We specialize in the following Texas Mortgage Loans:
Austin Texas Home Purchase Loans - are used for acquiring a property for the purpose of primary residence, second home or investment property.
Austin Texas Home Refinance Loans Historically low interest rates are a fantastic reason to refinance to save money and build more equity in your property at a faster rate. Other common reasons for a mortgage refinance include converting an ARM (Adjustable Rate Mortgage) to a fixed rate.
Austin Texas Conventional Loans are actually any type of creditor agreement that are not financed by the Veterans Administration (VA), or supported by the Federal Housing Administration (FHA). In general, all conventional loans are protected by the government sponsored entities such as Fannie Mae and Freddie Mac.
Austin Texas Cash Out Home Loans are used to consolidate debts or make home improvements. Please keep in mind in Texas borrowers can only take up to 80% loan to value.
Austin Texas Jumbo Home Loans are loans in which the amount borrowed is greater than loan limit set by Fannie Mae & Freddie Mac. These loans allow borrowers to purchase higher value properties. Please keep in mind the current Jumbo cut off is $417,000 in Texas.
Austin Texas FHA Loans generally have lower interest rates, more lenient credit standards, down payments, and closing costs and are backed by the US Government.
Austin Texas VA Loans provides veterans and/or their surviving spouses with a federally guaranteed home with zero down payment. There is also no monthly mortgage insurance associated with VA loans.
McDougall Mortgages is a Austin,Texas FHA provider of Austin Texas FHA Loans.
100% financing is still available to USDA and Austin, Texas VA loan borrowers!
Austin Area USDA Loans - a 100% financing option available to the general public. There is no Mortgage Insurance, you can finance your closing costs, however, there is an income requirement – Inquire now to find out!
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We now have a blog. Please check in daily for updates on the Austin, Texas mortgage market! BLOG
Turn the home of your dreams
into reality. Whether you are buying your first home, second home, or vacation property, use this FREE self-help tool to determine exactly what type of purchase loan is best for you.
Save money by taking
advantage of the lowest rates available. Whether you are looking to lower your rate, lower your monthly payment, or tap
into your home's equity, use this FREE self-help tool to determine exactly what type of refinance solution is best for you.
Use your home to help eliminate bad debt and bundle your bills into one easy monthly payment. Whether you need to pay off
high-interest credit cards or you just need cash now, use this FREE self-help tool to determine exactly what type of debt consolidation program is best for you.
