Build. Buy. Borrow Smart
Whether you’re ready to build your dream home from the ground up, purchase the perfect property, or get cash from your home equity, the right mortgage makes all the difference. Our construction loans offer owner builder terms, quick draws, and expert guidance for knowing what to expect. For homebuyers, our purchase loans make owning your next home easier – with competitive rates, clear options. For homebuyers needing extra cash to purchase something or pay off high credit card bills, our cashout loans make the process clear – with expert guidance, clear options, and personal service every step of the way.
Let’s turn your plans into reality.
OUR SERVICES
GREAT LENDERS
We work hard to keep great lenders with great programs, features, and rates.
GREAT ADVICE
With our experience of thousands of situations, we are able to help you sort out the options and details.
CLOSE YOUR LOAN
With in-house processing, we can get your loan closed in a timely manner.
OUR MISSION
AVAILABLE LOAN TYPES
OWNER BUILDER CONSTRUCTION
HOME PURCHASE
Get the best terms!
TRADITIONAL BUILDER CONSTRUCTION LOAN
REVERSE CASHOUT
Access needed equity without a mortgage payment
CASHOUT
Payoff credit cards, fix up the house, invest, buy something else
CONSTRUCTION
10% down payment
REFINANCE
Lower your monthly payment
HOME IMPROVEMENT
Get those needed improvements completed
REVERSE PURCHASE
Buy a home without a mortgage payment
ITIN PURCHASE
Purchase a home using your ITIN #
RENTAL INVESTMENT PURCHASE
Stretch your assets with alternative options
LOW DOWN PAYMENT PURCHASE
Purchase a home without saving years for the down payment
Construction Loans
Construction Loans
Construction costs are currently very low – we have all sorts of construction loans to fit your needs 80% – 90% Loans for Custom Homes. Most construction loans in Texas require between 10% and 20% down…
Spec Construction
90% SPEC loans for builders. We know where to get this tough loan and we know the good and the bad sources. The smaller of 90% of hard costs or 80% of appraised value…
JUMBO loans
In Texas any 1st loan over $510,400 is a jumbo loan. There are a few lenders offering jumbo loans but the rate his around 1.5% higher and since there are only a few, the time to close a jumbo loan is greatly increased…
Owner Builder
Want to be your Own Builder / General Contractor? This is a very tough loan to get in Texas and we know where to get this tough loan and where the good and bad investors are…
Jumbo Loans
90% Jumbo Loan
The Fixed Rate jumbo loan can be for 15 or 20 or 30 years. This is for Texas only. This applies to purchases and refinances (cashout are not limited to 75% LTV)…
Construction Jumbo
Your current land equity counts in your down payment. (with some obvious restrictions) Houston & surrounding counties up to 90% of total cost of land…
Low Credit Score Jumbo
The Fixed Rate jumbo loan can b for 15 or 20 or 30 years. Jumbo loans down to 660 credit middle score. This is for Texas only…
Interest Only Jumbo Fixed Rate
The Fixed Rate Interest only jumbo loan is a fixed rate loan. The first 10 years is interest only and then for 20 years the loan is amoritized and fully paid off…
50% DTI Jumbo
The Fixed Rate jumbo loan can be for 15 or 20 or 30 years. The intererst rate stays the same during the 30 years of the loan…
Jumbo VA
What is VA JUMBO? This can be the best of both worlds. It is a jumbo loan that gets a VA interest rate instead of a jumbo interest rate…
Explore Owner Builder Construction Loans in Texas and financing options with Mega Mortgage of Texas.
Still have questions?
Don’t hesitate to reach out to us anytime.