It's rare to find a Houston mortgage company that can come close to rivaling the rates Downs Financial offers its borrowers. Usually, this is because the average Houston mortgage company is essentially a Houston mortgage broker who has to find a lender willing to extend a loan to a prospective home buyer. This often leads to flat-out rejection or higher interest rates at no fault to the Houston mortgage broker--such companies simply aren't decision-makers in the lending process.

The direct lending model Downs Financial offers means that no one else decides loan approval on applications but them. Downs financial specializes in bad credit and other hard-to-finance loans, recognizing that credit history is just one of many factors that make a reliable borrower. This means that home buyers can find themselves receiving incredibly low rates from Downs Financial, even when they've been summarily turned down elsewhere.

Whether seeking a refinance or a home purchase loan, borrowers need fast answers from their Houston mortgage company and guidance through the loan process. Downs Financial has qualified mortgage counselors on hand to personally review each application and offers some of the fastest loan processing around. Prospective borrowers simply use an interactive mortgage calculator on the Downs Financial website to estimate their payments under a given loan. From there, an entirely electronic application can be completed in moments and pre-approval calls are generally received within 15 minutes of applying. The entire funding process is equally streamlined at Downs Financial, meaning that borrowers can get the money they need quickly, without the wait and hassle they would experience by using a Houston mortgage broker or the like.