Equal Housing Opportunity · NEXA Mortgage LLC NMLS #1660690 · Ethan Morgan NMLS #2738407 · Licensed in Texas · NMLS Consumer Access

TurkMortgages
Texas Mortgage Broker · NEXA
📞 832-605-2616
★ Houston · Texas · Wholesale via NEXA

Every Loan Program. One Broker. Real Texas Expertise.

Conventional, FHA, VA, USDA, Jumbo, DSCR, Non-QM, Construction, SBA — all accessed at wholesale pricing through 30+ NEXA partner lenders. Bilingual service in English and Turkish.

🏠 Purchase 🔁 Refinance 📈 Investment 🛠 Construction 💼 SBA ⭐ TX Down-Payment Help

All programs subject to lender underwriting, property appraisal, credit, and documentation review. Rates and terms vary by market and borrower profile. Not a commitment to lend.

Loan Categories

Find Your Path Forward

Jump to the loan family that fits your goal. Each category includes active programs and additional options coming soon as content is finalized.

Loan Programs

Complete Program Library

Active programs link to full educational guides. Coming-soon programs are available right now by phone — written guides are being finalized.

Home Purchase

Primary residence, second home, and owner-occupied financing
2 active · 5 coming soon

Conventional Loan

● Guide Available

Fannie Mae / Freddie Mac loans from 3% down. The most popular loan type — cancelable PMI, competitive pricing for 620+ credit, conforming up to $832,750.

  • 3%–20% down payment options
  • PMI cancels at 20% equity
  • Primary, second, investment eligible
View Full Guide →

FHA Loan

● Guide Available

Government-backed flexibility for 3.5% down at 580+ credit. Most common first-time buyer path. Compatible with TSAHC and TDHCA assistance programs.

  • 3.5% down at 580+ credit
  • UFMIP 1.75% + annual MIP
  • Gift funds fully eligible · assumable
View Full Guide →

VA Loan

Coming Soon

For eligible veterans, active duty, and surviving spouses. No monthly PMI. $0 down with full entitlement. One of the most powerful loan programs available.

  • $0 down for eligible borrowers
  • No monthly mortgage insurance
  • Funding fee waived for disability rating
Call for details →

USDA Loan

Coming Soon

Zero down in USDA-designated areas. More Texas suburbs qualify than expected — parts of Fort Bend, Waller, Brazoria, and Montgomery counties are eligible.

  • $0 down for eligible areas
  • 1% upfront + 0.35% annual guarantee
  • Household income limits apply
Call for details →

Jumbo Loan

Coming Soon

Financing for homes above the 2026 conforming limit of $832,750. Stronger reserve expectations, premium documentation, and lender-specific underwriting.

  • Loan amounts above $832,750
  • 700–720+ credit typical
  • 12–24 months reserves common
Call for details →

First-Time Buyer Guide

Coming Soon

First-time buyer status can unlock DPA grants, education programs, and low-down-payment options. A pathway decision — not a single product.

  • Routes into FHA, Conventional, or USDA
  • Combine with TSAHC or TDHCA DPA
  • MCC tax credit for added savings
Call for details →

Down Payment Assistance

Coming Soon

Various DPA programs in Texas and other states. Grants, forgivable second liens, and below-market subordinate financing — combinable with FHA, VA, USDA, or Conventional first liens.

  • State and local programs vary
  • Combinable with FHA / Conventional
  • Income and credit requirements apply
Call for details →

Refinance Programs

Lower the rate, change the term, or pull cash from equity
8 active · 1 coming soon

Conventional Rate & Term Refinance

● Guide Available

Lower your monthly payment by reducing the rate, or shorten the term to build equity faster. Fannie Mae / Freddie Mac conventional financing — no cash-out, refi of record only.

  • Drop rate · shorten term · drop PMI
  • No cash out · refi of record
  • Up to 95% LTV on primary residence
View Full Guide →

Conventional Cash-Out Refinance

● Guide Available

Tap your home or investment property's equity through Fannie Mae & Freddie Mac conventional financing. Best path for investment properties, second homes, and non-homestead primaries.

  • Investment 75% · Second home 85% LTV
  • Texas 50(a)(6) rules on homestead
  • Up to $832,750 (2026 conforming)
View Full Guide →

FHA Rate & Term Refinance

● Guide Available

Refinance an existing FHA, Conventional, VA, or USDA loan into a new FHA loan with lower rate or term. Full underwrite required — appraisal, credit, income docs.

  • Up to 97.75% LTV on primary
  • UFMIP 1.75% + annual MIP
  • Open to any loan type → FHA
View Full Guide →

FHA Cash-Out Refinance

● Guide Available

Pull equity through an FHA cash-out refinance. Higher LTV than conventional for borrowers with limited credit. Texas 50(a)(6) rules apply on homestead.

  • Up to 80% LTV cash-out
  • 500+ credit accepted by some lenders
  • Texas 50(a)(6) on homestead
View Full Guide →

Texas Cash-Out Refinance

● Guide Available

Pull tax-advantaged equity from a Texas homestead under the Texas Constitution Article XVI § 50(a)(6). 80% LTV maximum · 12-day cooling-off · once-per-year limit.

  • 80% LTV maximum (Texas rule)
  • 12-day cooling-off period required
  • Once per 12 months on same property
View Full Guide →

FHA Streamline Refi

● Guide Available

Streamlined FHA-to-FHA refinance with no appraisal, no income verification, and reduced documentation. Net tangible benefit test required.

  • No appraisal required
  • No income or credit re-verification
  • Must show net tangible benefit
View Full Guide →

VA IRRRL Streamline

Coming Soon

VA Interest Rate Reduction Refinance Loan — the fastest VA refi available. No appraisal, no income docs, lower funding fee. VA-to-VA only.

  • VA-to-VA refinance only
  • No appraisal · reduced funding fee
  • Must lower rate or stabilize ARM
Call for details →

Investment Property Refi

● Guide Available

Refinance options for rental and investment properties. DSCR, rate-and-term, and cash-out paths available. Higher rates typically apply than primary residence.

  • DSCR programs available
  • Typically 25% equity minimum
  • Rental income documentation varies
View Full Guide →

DSCR Investment Refi

● Guide Available

Refinance rental properties using property cash flow — no tax returns, no W-2s, no DTI. BRRRR cash-out the core method. Texas property-tax modeling included.

  • Qualify on DSCR (1.0+ typical)
  • No personal income docs
  • BRRRR cash-out friendly
View Full Guide →

Investment Property

Finance rental properties on the income they produce
2 active · 6 coming soon

DSCR Rental Loan

● Guide Available

The flagship investor product. Qualify on Debt Service Coverage Ratio — your rental income vs. the loan payment. No personal income required. Available for purchase and refi.

  • DSCR 1.0+ ideal · 0.75+ specialty
  • 20–25% down typical · LLC eligible
  • Unlimited financed properties
View Full Guide →

No-Ratio Investor Loan

● Guide Available

The investor program for properties that don't cash flow. No DSCR requirement — qualifies on credit, reserves, and equity instead. Built for Austin / Houston suburbs where rent-to-price ratios fail standard DSCR tests.

  • No DSCR coverage required
  • Asset-strong borrower path
  • High-value Texas markets focus
View Full Guide →

BRRRR Strategy Loan

Coming Soon

Buy · Rehab · Rent · Refinance · Repeat. Combines hard-money acquisition with DSCR cash-out refinance to recycle capital across multiple properties.

  • Hard-money purchase + rehab
  • DSCR cash-out at 75% ARV
  • Recycle capital · scale portfolio
Call for details →

Hard Money / Fix & Flip

Coming Soon

Short-term asset-based loans for fix-and-flip investors. Close in 7–14 days · rehab budget included · interest-only payments during hold.

  • 6–24 month terms · interest-only
  • Asset-based · light documentation
  • Rehab funds escrowed and released
Call for details →

Airbnb / STR Loan

Coming Soon

Short-term rental financing using projected STR income. Some lenders use AirDNA data and 12-month rent rolls. Subject to local STR regulations.

  • Projected STR income may qualify
  • Local STR rules must allow
  • Higher rates than long-term rental
Call for details →

Multi-Unit Investor

Coming Soon

Finance 2–4 unit investment properties. Rental income from non-occupied units typically counts toward qualifying income in DSCR and some conventional programs.

  • 2, 3, or 4 unit properties
  • Rental income may qualify
  • Higher down payment than SFR
Call for details →

Portfolio Rental Loan

Coming Soon

Finance multiple rental properties under one portfolio loan. Simplifies management and reporting. DSCR-based qualification with blanket lien across properties.

  • Multiple properties in one loan
  • Portfolio lenders only
  • Blanket lien on all properties
Call for details →

Foreign National Loan

Coming Soon

For non-US citizens and non-permanent residents purchasing US investment property. No US credit required — qualifies on foreign assets and reserves.

  • No SSN or US credit needed
  • 30–40% down typical
  • Foreign income and assets accepted
Call for details →

Non-QM Programs

Alternative documentation for self-employed and unique borrowers
8 active

Bank Statement Loan

● Guide Available

Self-employed qualification using 12–24 months of personal or business bank deposits. No tax returns, no profit & loss tied to a CPA — deposits are the income.

  • 12 or 24 months bank statements
  • 50–100% deposit count by program
  • 10–20% down · primary or investment
View Full Guide →

Asset Depletion (Asset Utilization)

● Guide Available

Qualify using liquid assets converted to monthly income. Ideal for retirees and high-net-worth borrowers with significant savings but limited W-2 income.

  • Liquid assets ÷ 60 to 84 months
  • No employment income required
  • Retirement and brokerage assets count
View Full Guide →

P&L Only Loan

● Guide Available

CPA-prepared profit & loss statement is the qualifying document. For self-employed borrowers whose bank deposits don't fully reflect net income.

  • CPA / EA / tax-preparer P&L
  • 12–24 months of business income
  • No tax returns required
View Full Guide →

ITIN Loan

● Guide Available

For borrowers with an ITIN instead of a Social Security number. Builds homeownership for residents who file US taxes but don't have SSN documentation.

  • ITIN tax-ID accepted
  • Alternative credit tradelines OK
  • 15–20% down typical
View Full Guide →

1099 Loan

● Guide Available

Qualify using 1099 forms instead of tax returns. Built for independent contractors, gig-economy workers, and 1099-paid professionals.

  • 12–24 months of 1099 forms
  • No full tax returns required
  • Contractor / gig-economy income
View Full Guide →

Interest Only Loan

● Guide Available

Pay only interest for an initial period (typically 5–10 years), then full P&I begins. Useful for specific cash-flow strategies and investor scenarios.

  • IO period: typically 5–10 years
  • Principal does not decrease during IO
  • Not suitable for all borrowers
View Full Guide →

Jumbo Non-QM

● Guide Available

Non-QM guidelines applied to loan amounts above conforming limits. Combines high-balance financing with alternative income docs like bank statements or asset depletion.

  • Above $832,750 conforming limit
  • Bank statement or asset depletion
  • 700+ credit · significant reserves
View Full Guide →

Recent Credit Event

● Guide Available

Programs for borrowers with recent bankruptcy, foreclosure, or short sale. Shorter waiting periods than agency loans — second-chance financing built for credit events.

  • Bankruptcy: 1–4 year waits
  • Foreclosure: 2–7 years
  • Higher rates · larger down typical
View Full Guide →

Construction & Renovation

Build new or finance major rehab on existing property
10 coming soon

One-Time Close (OTC)

Coming Soon

Single closing covers construction and permanent financing. Lock the long-term rate at the start — eliminates two sets of closing costs and re-qualification risk.

  • One closing · one set of fees
  • Rate locked at start of build
  • Conventional, FHA, VA versions
Call for details →

Construction-to-Permanent

Coming Soon

Two-time-close structure for builds requiring custom construction terms before locking the permanent loan. Common for complex or high-cost custom homes.

  • Construction loan first · then perm refi
  • Interest-only during build phase
  • Re-qualify at conversion
Call for details →

FHA 203(k) Renovation

Coming Soon

FHA loan that finances the purchase plus renovation costs. Standard 203(k) for major rehab · Limited 203(k) for cosmetic and smaller repairs. 3.5% down.

  • 3.5% down · purchase + rehab
  • Standard or Limited versions
  • Owner-occupied primary residence
Call for details →

HomeStyle Renovation (Conventional)

Coming Soon

Fannie Mae's renovation loan — conventional alternative to FHA 203(k). Available for primary, second home, and investment. Higher loan limits than FHA.

  • 5%+ down · purchase + renovation
  • Primary, second, investment eligible
  • Up to $832,750 (conforming limit)
Call for details →

Two-Time Close

Coming Soon

Separate construction loan, then a new permanent mortgage after completion. More flexibility — shop the permanent rate after the build, but requires re-qualification at conversion.

  • Two separate closings
  • Shop permanent rate after build
  • Re-qualification required at perm
Call for details →

Owner Builder

Coming Soon

For borrowers who want to act as their own general contractor. Limited lender availability — construction experience required, with significant scrutiny on plans and budget.

  • Borrower acts as own GC
  • Construction experience required
  • Higher scrutiny on plans / budget
Call for details →

Land + Build Loan

Coming Soon

Purchase the land and finance the build in one loan. Popular with clients building from scratch on raw lots. Higher down payment than build-on-owned-land scenarios.

  • Covers land + construction
  • Higher down payment required
  • Land must be buildable / approved
Call for details →

Build on Owned Land

Coming Soon

Already own your lot? Finance construction on land you already hold. Land equity may count toward down payment — often the most cost-efficient path to a custom build.

  • Land owned free or with equity
  • Land value may reduce cash needed
  • Builder + approved plans required
Call for details →

Renovation Construction

Coming Soon

Major renovation projects too extensive for standard 203(k) or HomeStyle. Finances acquisition plus major structural work with draw schedules during construction.

  • Major structural work covered
  • Draw schedule during renovation
  • After-improvement value used
Call for details →

Investor Rehab Loan

Coming Soon

Bridge financing for investment property renovation. Short-term (6–24 months) · ARV-based · for experienced investors flipping or stabilizing rentals.

  • Investment properties only
  • Short term — 6 to 24 months
  • ARV-based qualification
Call for details →

Business & SBA

Owner-occupied CRE, acquisitions, and working capital
6 coming soon

SBA 7(a) Loan

Coming Soon

The flagship SBA program. Up to $5M for business acquisition, working capital, equipment, partner buy-out, or owner-occupied real estate. Long terms, low equity.

  • Up to $5,000,000 loan amount
  • 10%+ equity injection typical
  • 10–25 year amortization
Call for details →

SBA 504 Loan

Coming Soon

For owner-occupied commercial real estate and major equipment. Two-loan structure with a fixed-rate SBA portion. Lower equity than conventional CRE.

  • 10% borrower equity injection
  • Fixed-rate SBA portion · 20–25 yrs
  • Owner-occupied 51%+ required
Call for details →

Commercial Real Estate

Coming Soon

Conventional commercial mortgage for income-producing properties — office, retail, industrial, and multifamily (5+ units). Higher DSCR thresholds than residential investor loans.

  • 5+ unit multifamily, office, retail
  • DSCR 1.20–1.25 typically required
  • 20–30% down · personal guarantee
Call for details →

DSCR Commercial

Coming Soon

Commercial property financing based on Net Operating Income coverage. For experienced investors. Non-recourse structures may be available for qualified borrowers and properties.

  • Based on property NOI / DSCR
  • Multi-family 5+ and commercial
  • Non-recourse may be available
Call for details →

Equipment Financing

Coming Soon

Finance business equipment, machinery, and technology. Equipment itself serves as collateral — terms aligned with useful life of the asset. 100% financing possible for strong credit.

  • Equipment serves as collateral
  • Terms aligned with equipment life
  • 100% financing may be possible
Call for details →

Business Working Capital

Coming Soon

Lines of credit, short-term working capital, and bridge financing for established businesses. Faster than SBA · less paperwork · higher rates.

  • Lines of credit and term loans
  • Fast funding · 7–14 days typical
  • Revenue-based qualification
Call for details →

Texas Assistance Programs

Down payment assistance, tax credits, and veterans benefits
5 coming soon

TSAHC — Texas Heroes

Coming Soon

Down-payment assistance for teachers, peace officers, EMS, firefighters, corrections, and veterans. Up to 5% DPA · combinable with FHA, VA, USDA, Conventional.

  • Up to 5% in down-payment assistance
  • Eligible profession required
  • Statewide · no first-time buyer needed
Call for details →

TSAHC — Home Sweet Texas

Coming Soon

Statewide TSAHC program for low- and moderate-income Texans. Up to 5% DPA · income limits by county · no first-time buyer requirement.

  • Up to 5% DPA grant or 2nd lien
  • Income limits by county / family size
  • No first-time buyer requirement
Call for details →

TDHCA — My First Texas Home

Coming Soon

State first-time homebuyer program. Below-market rate plus up to 5% DPA. First-time buyer or veteran · income and purchase-price limits apply.

  • Up to 5% DPA · below-market rate
  • First-time buyer or veteran
  • Income / purchase-price limits
Call for details →

Texas MCC — Mortgage Tax Credit

Coming Soon

Federal tax credit equal to 20% of mortgage interest paid annually — up to $2,000/year. Lifetime of the loan. Combinable with TSAHC and TDHCA DPA.

  • 20% of mortgage interest as tax credit
  • Up to $2,000 per year for life of loan
  • First-time buyer · income limits
Call for details →

Texas VLB — Veterans Programs

Coming Soon

Texas Veterans Land Board — state-only programs for veteran home loans, land loans, and home improvement. Below-market rates · 0.50% disability discount.

  • Home loans up to $832,750
  • Land loans up to $200,000 · 5% down
  • 0.50% disability discount (30%+ rating)
Call for details →
Tools & Calculators

Run the Numbers Yourself

Quick scenario calculators to test affordability, DSCR coverage, refi break-even, and cash-out equity before talking to a lender.

Calculators are educational estimates only · not a preapproval or commitment to lend.

Why TurkMortgages

The Broker Advantage

A broker shops the entire NEXA wholesale market for you. One application, dozens of lenders, wholesale pricing.

01

30+ Wholesale Lenders

UWM, Pennymac, Newrez, Carrington, Flagstar, Rocket TPO, The Loan Store, and more — accessed through NEXA. Each strong at different scenarios.

02

Every Program Family

Agency, government, jumbo, Non-QM, DSCR, construction, SBA — under one license. No need to re-shop with multiple loan officers.

03

Bilingual Service

Full process available in English and Turkish. Native Texas market knowledge from Houston to the Rio Grande Valley.

04

Texas Specific Expertise

Constitutional cash-out rules, county-specific tax modeling, Texas Veterans Land Board, TSAHC and TDHCA layered DPA — all priced correctly.

Ready to Talk Numbers?

Free pre-qualification, scenario modeling, and rate quotes. Ethan personally takes your call.

📞 Call 832-605-2616 ✉ Email Ethan