DHI Mortgage review: qualify for personalized rates
Learn about the many benefits of working with DHI Mortgage. From competitive rates to great customer service, we have you covered!
DHI Mortgage: several loans and online prequalification
Are you looking for a reliable mortgage provider? Then look no more than this DHI Mortgage review and find the best this lender can offer!
DHI operates in more than 30 states over the U.S., offering a wide range of loan programs with competitive rates. Check out what’s more!
|Conventional, Refinance; fixed and adjustable-rates; VA, FHA, USDA, Jumbo loans;
|Minimum Down Payment
|10 to 30-year fixed-rate; 5, 7, and 10-years adjustable.
DHI Mortgage review: what you need to know
The path to homeownership can be challenging and full of doubts. But it doesn’t have to be that way as long as you have an experienced lender.
As you’ll see in this review, DHI Mortgage can guide buyers on a more hassle-free path to homeownership, thanks to its history of helping customers.
This lender was founded in 1987 in Austin, Texas. It operates in several states, such as California, Alabama, and others, adding up to 33 in total.
Customers can expect loan products like conventional, refinancing, and government-backed, such as VA, FHA, etc.
Despite having a large presence in the area, this lender doesn’t have much information about rates and fees on its website.
DHI Mortgage main features
DHI Mortgage isn’t a large lending company, but despite that, it offers many loan options that seem to serve its customers well.
It can be a good option for buyers who value direct contact during the buying process. You can find all contacts of loan officers in your area on their website.
The borrower must contact a DHI loan officer to make a full application. Talking to an expert will be the best way to acquire a loan product.
Still, you can make an online prequalification through their website. Also, they have a loan calculator which can give north of your loan conditions.
To learn more about this lender’s main features, read on! We’ll compare the pros and cons below. So check it out!
- Good variety of loan options;
- Streamlined prequalification and application process;
- Experience aligned with the customer’s direct contact.
- Not available for the entire country;
- Limited information online about rates and scores;
Credit score required to apply
As we covered earlier, DHI Mortgage offers several loan options to its customers despite not being a large lender.
Because of that, you can expect credit score requirements.
The lender doesn’t have much information about credit scores and general terms on their website.
Still, you might qualify for a loan with good credit. Also, loan options exist for poor credit, such as government-backed ones!
Therefore, you should contact a local office for a more personal experience.
DHI Mortgage application process
DHI Mortgage provides an online prequalification process. You can get personalized rates and compare your options through it!
Still, to apply for this lender, you’ll need to go back and do what people used to do! Contact a loan officer or directly contact DHI Mortgage.
Either way, this lender can help you get the money you need to buy your dream home. Or, if you want, you can refinance your existing home loan.
But enough with explanations, let’s go to step by step on how successfully apply for this lender! Check it out!
How to apply on the website
As said, before applying for this lender, you can complete the prequalification process and access the estimated rates and terms.
For that, access their official website. You’ll find the “Get Started” button on the main page! When you select it, you’ll access a disclosure page!
Read it fully so you can understand all this lender is about! They will disclose their application process and other details about their loans.
Further, you’ll find an “I Agree” button on the page! Therefore, select it if you agree with all information they’ve disclosed!
Next, you’ll access a page that shows how their prequalification process works. It only takes three simple steps. Check them below!
Complete your profile
As with any prequalification process for a financial product, this will require that you create an account and provide more information about yourself!
Firstly, you must provide your email address and create a password. After creating an account, log in and fill out your personal information.
They will request basic info, such as your full name, home address, phone number, date of birth, and Social Security number.
Also, they might request your financial information, including monthly income, assets, and other types of income that can be disclosed.
We know this is a lot of information, but don’t worry! DHI Mortgage provides a safe process and secures all your information.
Compare your loan options
Next, you’ll have to inform the lender about the loan you intend to take. For that, you’ll need to provide the expected loan amount.
In addition, you must provide the minimum down payment you intend to make and the estimated property price and location.
The next step is to analyze the loan options available to you! They’ll show you a list of offers with different rates and terms.
Remember to check all details to make the best choice. After choosing, the website will show whether you qualify for this option.
If preapproved, you can follow the next and last step of the prequalification process!
Provide the necessary documents
Once preapproved, one of the DHI loan officers will contact you to help you through the rest of the process.
They’ll support you by uploading all necessary documentation about verification of income, assets, real estate, mortgage statements, or identification.
You can opt for the offline application to skip the prequalification process.
As said, you can only prequalify through their website. The actual application is made directly with a loan officer.
For that, you can contact a Loan officer. Call DHI Mortgage at 512-533-1380 or contact them by email.
As said, DHI Mortgage lacks information on its official website. As a result, they are not very clear about their qualification requirements.
Still, you might qualify for this lender with good credit. Nevertheless, there are government-backed loans that accept applicants with poor credit.
Also, you must be of legal age in your state and be a U.S. citizen or legal resident.
If you need further information about the requirements, please, contact DHI Mortgage through email or phone.
Apply on the mobile app
Applicants can only complete the process through their official website. DHI does not provide a mobile app to its clients.
Still, you can prequalify for this lender through your mobile divide. You only need to follow the steps provided above.
Indeed, DHI Mortgage can be an excellent choice for those looking for a lender with multiple loan options and flexible repayment terms.
So why not enjoy what this lender has to offer? Apply today and achieve homeownership! It is up to you! Good luck!
About the author / Luis Felipe Regueira
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