Business Details
24 Years
experience
Your Trusted Mortgage Partner in Katy, TX
HomeWay Mortgage has been serving clients since 2002, establishing itself as a trusted full-service mortgage company. We specialize in providing personalized service and competitive rates across a range of loan products, including conventional, FHA, VA, and USDA loans. As a direct lender, we prioritize client satisfaction through experienced loan officers, down-payment assistance programs, and unique financing solutions tailored to individual needs.Our commitment to quality customer service ensures borrowers receive expert guidance throughout the lending process. With offices in Katy, Texas, and lending operations across multiple states, we combine local expertise with national resources to help clients achieve homeownership. Our team's extensive industry experience and dedication to transparency have made us a preferred choice for residential lending.
Services
Conventional Mortgage
FHA Loans
VA Mortgages
USDA Loans
Jumbo Loans
Hard Money Loans
Construction Loans
Multi-Family Financing
Details
- Year established: 2002
Highlights and features
- We have 18 years of experience in residential mortgage lending.
- Our direct lending model ensures personalized service and faster approvals.
- We offer down-payment assistance programs for qualified borrowers.
- Our loan officers maintain specialized expertise in multiple loan types.
- We provide unique financing solutions not available through traditional banks.
What people say
Personal attention
Fast responses
Excellent service
Smooth transactions
Dependable team
Services
Conventional Mortgage
Standard mortgage loans not government-backed with fixed or adjustable rates. Available for primary residences, investment properties, and second homes with competitive rates and flexible down payment options.
FHA Loans
FHA-insured mortgages requiring minimal down payments. Designed for first-time homebuyers with lower credit scores, offering 3.5% down payment options and financing for closing costs.
VA Mortgages
Zero-down payment loans for qualified veterans and active-duty personnel. Includes waived lender fees and special benefits for disabled veterans through the GI Bill program.
USDA Loans
100% financing options for rural property purchases. Features fixed-rate terms with income eligibility requirements and USDA-approved location restrictions.
Jumbo Loans
Mortgages exceeding $806,500 loan limits with competitive rates. Available for luxury properties and unique financing scenarios with specialized underwriting criteria.
Questions
How do I know how much house I can afford?
Your borrowing capacity depends on income, credit history, debts, and down payment. Generally, 2-3 times annual income serves as a guideline.
What's the difference between fixed and adjustable-rate loans?
Fixed rates remain constant throughout the loan term, while adjustable rates change periodically based on market indices.
How is an ARM index and margin determined?
ARM rates combine a financial index (like LIBOR) with a lender-defined margin to establish your interest rate.
What does my mortgage payment include?
Principal, interest, property taxes, insurance, and if applicable, mortgage insurance in an escrow account.
How much cash do I need to purchase a home?
Includes earnest money, down payment (3-25% depending on loan type), and closing costs for processing fees.
