Solution
Texas Mortgage Capital is a Texas-Based mortgage company that specializes in loan origination services for individuals or entities that offer seller financing on their residential property. We satisfy the requirement for licensure under the SAFE Act so that the seller financer does not need to obtain a license.
Our services are offered on a low flat fee basis and we offer volume discounts and special arrangements for those clients who engage in multiple transactions. Our fee can be charged to the buyer or seller or split and is payable at closing. We perform origination services only. The seller financer would continue to have attorney and title company services completed in a similar manner presently used. There are a few steps extra in the licensed origination process, but our goal is to make the requirement fast and seamless for all involved.
Texas Mortgage Capital has been in business as a licensed loan originator for over 10 years and is quite knowledgable on procedures and requirements to satisfy the Texas SAFE Act as outlined in Chapter 180 of the Finance Code.
Please call us at 210-493-5300 or visit our website at www.txmortgage.com for further information and documentation to start the origination process for your transaction. You may also email us at fred@txmortgage.com if you have any questions about licensure and the Texas SAFE Act.
