Lenders test the ability to repay and loans are paid off in equal monthly installments of principal and interest. Borrowers therefore have a "roadmap out of debt." Equally important, loans are made from our office in Corpus Christi office, which is licensed and examined by state authorities.
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Lubbock saw a 29 percent increase, College Station 23 percent, and Corpus Christi 12 percent, according to VUHL data. Despite the growth of VA loans, misconceptions persist on the part of those who.
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The PRMI branch in Corpus Christi follows the industries best underwriting guidelines. Our mortgage lenders are fluent in both English and Spanish. Good communication is critical and helps our team avoid problems that can be inherent in the mortgage loan process.
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White applicants received 2.3 times as many loans as Latinos, even though Latinos make up 54 percent of the local population. Black applicants were more than 1.5 times as likely to be denied in 2016.
Average loans in the first quarter were $14.2 billion. We’re also opening a new regional headquarters building this summer in Corpus Christi, while exiting older locations there and actually.