Which Loan is Right For You?

Which Loan Is Right for Me?

Liberty Home Mortgage offers residential and commercial loan options for a wide range of borrowers, including traditional and alternative income scenarios. We provide clear, compliant guidance for purchase, refinance, and investment property financing.

We proudly serve Lewisville, Denton County, and surrounding Texas communities.

Our goal is simple: help you understand your options and choose the loan that fits your timeline, budget, and long-term plans.

Loan Options We Offer

Residential Home Loans
Conventional loans, FHA loans, VA loans, USDA loans, jumbo loans, and refinance options.

Commercial Loan Options
SBA loan programs and financing for income-producing commercial properties (program dependent).

Self-Employed & Alternative Income Solutions
Bank statement loans, 1099 income loans, DSCR programs, ITIN loans, and other flexible documentation options (program dependent).

Why Choosing the Right Loan Matters

In the past, most homeowners used the same loan: a 30-year fixed mortgage. Today, there are many different loan programs. Choosing the right one can save you hundreds of dollars each month and give you better flexibility over time.

How Long Do You Plan to Live in the Home?

Your timeline matters when choosing a loan. Below is a simple guide:

1–3 years: 3/1 ARM, 1-year ARM, or short-term adjustable options (program dependent)
3–5 years: 5/1 ARM
5–7 years: 7/1 ARM
7–10 years: 10/1 ARM, 30-year fixed, or 15-year fixed
10+ years: 30-year fixed or 15-year fixed

Common Loan Programs Explained

30-Year Fixed Mortgage

Advantages
• Monthly payments stay the same
• Interest rate is fixed
• Protection if rates rise

Things to consider
• Higher interest rate than shorter-term loans
• Higher total interest paid over time

Apply Now

15-Year Fixed Mortgage

Advantages
• Faster payoff
• Lower interest rate than a 30-year loan

Things to consider
• Higher monthly payment

Apply Now

Adjustable Rate Mortgages (ARMs)

Advantages
• Lower initial payment
• May qualify for a higher loan amount
• Rates may decrease in some cases

Things to consider
• Payments may increase over time
• More risk if rates rise

Apply Now

Balloon Mortgages

Advantages
• Lower initial payments
• Short-term financing option

Things to consider
• Large payment due at the end of the term
• Refinance or payoff required

Apply Now

First-Time Homebuyer Programs

Advantages
• Lower down payment options
• Easier qualification for some buyers

Things to consider
• Income or property limits may apply
• Some programs have resale restrictions

Apply Now

No-Point / No-Fee Programs

Advantages
• Lower upfront costs
• Less cash needed at closing

Things to consider
• Higher interest rate
• Higher monthly payment

Apply Now

Home Equity Line of Credit (HELOC)

Advantages
• Borrow only what you need
• Pay interest only on what you use
• Flexible access to funds

Things to consider
• Variable rates
• Payments can change over time

Apply Now

Home Equity Fixed Loan

Advantages
• Fixed payments
• Predictable repayment

Things to consider
• Higher rates than first mortgages
• May affect future refinancing

Apply Now

Specialized Loan Options

In addition to standard loan programs, Liberty Home Mortgage offers specialized financing solutions for unique situations. These programs vary by lender, property type, and documentation.

For personalized guidance, call or email us to review your options.

📞 Phone & Text: 713-955-4685
✉️ info@libertyhomemortgage.com
🌐 www.libertyhomemortgage.com

Equal Housing Lender 🏠⚖️
Company NMLS: 321164 • Aslam Mansoor NMLS: 184238
Liberty Home Mortgage • 4400 State Hwy 121 STE 300 • Lewisville, TX 75056

All loans are subject to underwriting approval and credit review. Programs, rates, and terms are subject to change without notice.