Welcome To
Francis Colonial Mortgage

Let us help make home ownership a reality.

With over 20+ years in combined experience, our Francis Colonial Mortgage team is here to serve you.  We take pride in our ability to provide you with the financing you need for one of the biggest purchases you will make in your life.  We will be there every step of the way and do not want financing your home to be a stressful experience. With us you will receive:

  • A Competitive Loan
  • Excellent Customer Service
  • A One on One Relationship
  • Access to National Lenders

Our team does more than just find you a mortgage.  Throughout the process we educate and keep you informed of your loan’s status every step of the way.  Communication is key!

- Derick Townsend, Senior Broker

 
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Refinancing

A mortgage refinance can create a favorable term for you, have you evaluated your mortgage rates?

First Time Home Buyer

Did you realize you could be eligible for financial help? Get the details you need to become a homeowner today.

Credit Issues

Regardless of your credit, we understand there are unique situations and we work to find solutions for you.

Tax Benefits

Are you aware there are tax benefits when owning a home? Find out more about specific tax advantages.

MORTGAGE LOAN PROCESS

Buying a property can be a very overwhelming experience.  Here is a guide to what you can expect when buying a property.

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How much are you eligible for?
Step 1

Mortgage Pre-Approval

Your Pre-Qualification

A loan pre-approval involves the pulling or your credit score and credit history report.

Do You Know What You Can Afford?

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Do you have a realtor?
Step 2

Finding a Home

Your Time to Shop & Make An Offer

Finding your dream property takes research to ensure you get everything you want.

What Are Your Must-Haves?

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Is all of your information accurate?
Step 3

The Application

Gather all Documents

Submitting your application gathers the initial information needed to start the lending process.

Are You Financially Prepared For A Mortgage?

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Are you ready to begin the process?
Step 4

Processing

Putting Your File Together

Loan processors gather all the documents about the borrower and property and review your documents are together for underwriting.

Do You Have All Your Documents?

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Does your financial situation meet the guidelines?
Step 5

Underwriting

Document Evaluation

This key step in the process is where the verify true eligibility for the loan by reviewing your credit history.

Are You A Risk To Lend To?

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What happens during closing?
Step 6

Closing

Your New Home

During this time your documents are drawn up, you do a final walk-through, and you have your closing meeting.

Have you Celebrated?

We Don't Just Find
Great Deals We Make Them Possible

About Us
 
 

Our Trusted Loan Partners

When in the market for a new property you want to get the best rate. We broker loans with small and large lending firms. Below are some of our lending partners.

 
 

 

  • Home Office Number

  • (682) 224-9517

  • Headquarters Dallas/Fort Worth

  • Serving the State of Texas