HUD APPROVED LENDERS
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You can find statewide approved HUD lenders on the Hudhomestore website link of Approved HUD Lenders. You can also input a lender to see if they are a HUD approved lender. Make sure that the Lender understands that the HUD foreclosure process for lending and approving buyers is different from the regular HUD (FHA) process for lending and approving buyers.
Some (Corpus Christi) lenders who have already been checked and approved are:
Extraco Mortgage 361-985-0020
First Community Bank 361-993-9703/ Lesa Garcia
Global Mortgage Group 361-992-2020/ Hilde
Kleberg Bank 361-592-8501
Mortgage Associates 361-853-9987
WW R Starkey Mortgage 361-658-9003
Pre-Approval/Pre-Qualified and Approval Letters
Must Meet the Following Guidelines:
1. Must be on lender letterhead
2. Dated within 30 days of the bid date
3. Signed by loan officer
4. Must state that credit has been reviewed and approved
5. Must state that a written application has been made
6. Must state loan amount
7. Must include name of purchaser
8. No contingency