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CTX Mortgage Company

The company is based in Dallas and was founded in 1950. It is one of America's leading home building companies. It has extended its services to 25 states and has delivered more than 35,000 homes in its last fiscal year ending on 31st March, 2007. They provide mortgages, title and insurance services. The company has ranked first in FORTUNE magazine's “America's Most Admired Companies”.

The company's retail mortgage portion has more than 200 offices. CTX mortgages offers FHA/VA, conventional, conforming, jumbo and specialty loans. In 2007, the company lent out $14 billion as mortgage loans. The company provides an Online Mortgage Calculator which helps the customer to figure out the exact amount of his mortgage payments.

The following are the steps of acquiring a mortgage at CTX:

  • The loan application has to be filled
  • All request information will have to be provided
  • Credit reports will have to be issued
    • One will have to undergo a CTX underwriter review
    • A loan decision will have to be received
    • When all information are approved, then one can close on the loan
    CTX Mortgage and Fannie Mae have announced the following new low down payment mortgage products to help low and moderate income families:
    • The Platinum Plus mortgage for people in Orlando. It provides affordable home ownership opportunities. It allows low down payments for those people who earn at or below 100% of the local area median income
    • Community 100 Mortgages
    • Timely payment rewards
    • Energy Efficient Mortgages
    For more information on mortgage services in Orlando, one can call at 407-661-2100. To find a Centex home that fits the preferences of the buyer, the company's 10-15-20 program can be quite interesting. It helps in saving $10,000 on homes to be built, $15,000 on homes in progress and $20,000 on available, completed homes.

    The company promises a fair and realistic rate quote by putting the customer in contact with the company's mortgage professionals. After all the company is a premier non-bank retail mortgage company.


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