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Southwest Funding, LP is a HUD approved mortgage broker and banker with well over 200 locations nationwide. Based in Dallas, TX since 1992, the company has a strong financial backing and highly credible track record. A member in good standing with the Better Business Bureau and the Department of Housing and Urban Development, Southwest Funding, LP is dedicated to its customers.

Currently authorized to transact mortgage business in 16 states, Southwest Funding, LP is on target to operate 250 locations nationwide in 2009.

As a mortgage banker and mortgage broker, Southwest Funding, LP maintains the ultimate in flexible financing terms. With billions of dollars available to lend, the company maintains a competitive edge in the industry. Southwest Funding, LP works closely with several local and national, builders, Realtors, and financial planners to provide the best in real estate finance.

No Delays. No Nonsense. We make getting a mortgage loan easy!

Isn't it great how you can go to a car dealership, test drive a few cars, pick out the one you want, and drive it home that same day? You can't do that with a new house.

You need someone on your side when you're buying a home. Who makes sure you aren't doing paperwork you don't have to do. Who speeds up some of the steps you can't avoid. You need a "blocker," clearing the way of obstacles as you head toward your goal.

That's where we come in! Welcome to our website, where you'll find out how we make the process of qualifying, applying, and getting approved for a mortgage loan simpler than you ever imagined.

When you've picked out your dream home, the paperwork and hoops to jump through with disclosures, appraisals, inspections, title insurance, escrow, notaries and more can be overwhelming.

Many people think their real estate agent will help them through a confusing mortgage process. Your real estate agent is looking out for you, no question about it. But it's your mortgage lender who wants almost all of those steps and all that paperwork.

We "run interference" with the mortgage lender who's going to make you your loan. We can't snap our fingers and make buying a home like buying a car, but we can make it easier and smoother. And we do!

Electronic filing of most required documents means it gets there faster and you get a decision faster. We've cut down on duplicated information, too -- give it to us once, our systems "remember" it so we don't ask again! And beyond our state-of-the-art technology, we have good old fashioned expertise in mortgage brokerage. We know the ins and outs. We do the heavy lifting for you -- saving you time and aggravation.

Navigate our website to learn how we make getting a loan easier and faster!




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Mortgage News:
 
The Day Ahead: Inventories, Budget Statement, Treasury Auction
3/10/2010 7:22 AM

Posted To: MND NewsWire

Investors this morning await the first real data to be released this week. But wholesale trade inventories isn’t a major market mover, nor is the afternoon’s budget statement, so it could be a quiet day if investors prefer to postpone trading until retail sales figures hit the headlines...Read More
 
Explaining The MBS Settlement Process
3/9/2010 3:51 PM

Posted To: MBS Commentary

10yr Notes progressively improved into the PM , ending 5 ticks better on the day with a yield of 3.70. MBS fought off much of the AM weakness in tsy's, and rallied just as well into the PM, reaching 101-15 at 4pm. But then we ended 4 ticks down on the day at 101-01! WHAT?!?!? S...Read More
 
Commercial and Multifamily Mortgages Outperforming Overall Bank Holdings
3/9/2010 2:45 PM

Posted To: MND NewsWire

Commercial and multifamily mortgages continue to have the lowest rates of charge-offs of any loan types at banks and thrifts and perform better than the overall loan portfolios at those institutions according to the Mortgage Bankers Association (MBA). In response to what it referred to as a great d...Read More
 
HUD Enforcing Job Creation Requirements for State and Local Governments
3/9/2010 2:37 PM

Posted To: MND NewsWire

The Department of Housing and Urban Development (HUD) has released the results of the first stage of its increased oversight and enforcement of job creation requirements under Section 3 of the Housing and Urban Development Act of 1968. In a press release on Monday HUD said that more than 3,100 stat...Read More
 
MBS AFTERNOON: Potential Reprices For The Better
3/9/2010 2:01 PM

Posted To: MBS Commentary

MBS Off To The Races with 4.5's up 8 ticks to 101-15! 10yr up 5 ticks on the day dropping yield to 3.70 (through post auction resistance) Reprices for the better = highly likely From the Ninja: Mortgages are still on hold as today’s 3yr note auction held few surprises-eve...Read More
 
Risk Weighted Returns; Warehouse Lending Credit Manager Needed; Subprime Analysts Lost; Bank News
3/9/2010 1:56 PM

Posted To: The Garrett Watts Report

We commented last week how a lot of people didn’t know what HSBC stood for... If you go back to when they bought a bank in Buffalo, New York to established themselves in the U.S. The joke was that HSBC stood for "Holy ____, Buffalo's Cold.” City National Ba...Read More
 
MBS LUNCH: 3 Year Note Auction Results And Reaction
3/9/2010 12:19 PM

Posted To: MBS Commentary

Immediately following the 3yr Treasury Note auction, treasuries weakened while MBS held steady. Since then, MBS have lost a few ticks, but the 4.5 remains positive on the day, up 1 tick at 101-07. The 10yr note is also up a tick leaving the yield just under 3.72. The 10yr's pos...Read More
 
MBS MORNING: Fed President Reminds About Labor Market Weakness
3/9/2010 10:23 AM

Posted To: MBS Commentary

I am kinda bummed no one laughed at my Kathy Ireland reference in MBS OPEN . Her dress was so tight you could see her liver processing the booze (that's a rumor). I suppose I could have poked fun at Sarah Jessica Parker's "Queen of the Nile" get-up. Ugh. You guys ...Read More
 
Empty Econ Calendar Helps Mortgage Rates Hold Steady. Auctions Biggest Reprice Threat
3/9/2010 10:05 AM

Posted To: Mortgage Rate Watch

After last week’s rates roller coaster ride that forced multiple reprices for the better and the worse, yesterday was quite boring. Mortgage rates held steady as prices of mortgage backed securities never moved too far in either direction. With very little price volatility, l...Read More
 
Second Mortgages in the Spotlight; Reverse Repurchase Primer; My Opinion on Mortgage Rates After the Fed; Provident Cuts Interest Only
3/9/2010 9:29 AM

Posted To: Pipeline Press

Often I start the commentary off saying something witty, but I couldn't think of anything clever so I thought I'd suggest you take a look at this video about, of all things, seat belts. It is making the rounds, and with good reason. The Federal Reserve has a ...Read More




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