top of page
NMLS: 2657191
10+
100+
98%
30+
Years of Experience
Satisfied Clients
Client Satisfaction Rate
Lenders Network
ABOUT
ABOUT US
Castle Group Mortgage is a leading mortgage broker specializing in residential owner-occupied properties. Our team is dedicated to providing personalized service and tailored mortgage solutions to meet the unique needs of our clients. With a focus on transparency and integrity, we strive to make the mortgage process straightforward and rewarding for our clients.
SERVICES
OUR SERVICES
Residential Mortgage Solutions
We specialize in providing tailored mortgage solutions for residential owner-occupied properties. Our expertise ensures a seamless and stress-free mortgage process for our clients.
Investment Property Financing
Explore our financing options for investment properties. Our team can help you navigate the complexities of investment property mortgages to achieve your financial goals.
Refinancing Assistance
Considering refinancing? We offer expert guidance and support to help you make informed decisions and secure favorable refinancing terms.
FHA PROGRAMS
FHA PROGRAMS
FHA Loans
Help more borrowers who may not qualify for conventional financing achieve the dream of homeownership.
|580+ FICO, Up to 97.75% LTV
|Eligible for primary purchase, rate/term and cash-out refinances
|Available on single- and multi-wide manufactured homes
|Jumbo starting $1 over conforming loan limit up to FHA Mortgage Limit
|580+ FICO, Up to 97.75% LTV
|Eligible for primary purchase, rate/term and cash-out refinances
|Available on single- and multi-wide manufactured homes
|Jumbo starting $1 over conforming loan limit up to FHA Mortgage Limit
FHA Streamline
FHA Streamline program allows you to refinance your FHA borrower with no appraisal or AVM.
|580+ FICO
|Up to 60 days interest allowed
|Available on single- and multi-wide manufactured homes, condos and PUDs
|580+ FICO
|Up to 60 days interest allowed
|Available on single- and multi-wide manufactured homes, condos and PUDs
FHA ELITE
Take your FHA borrowers to a new level with industry-leading government rates and pricing. This is the obvious choice for your top-tier clients.
|640+ FICO
|Loan amounts from |$125,000 up to county loan limits
|All fixed term mortgages
Single family primary residences
|Available on single- and multi-wide, condos and PUDs
|Lender and seller paid |Temporary Rate |Buydowns available
|640+ FICO
|Loan amounts from |$125,000 up to county loan limits
|All fixed term mortgages
Single family primary residences
|Available on single- and multi-wide, condos and PUDs
|Lender and seller paid |Temporary Rate |Buydowns available
CONV PROGRAMS
CONV PROGRAMS
Conventional Loans
We combine competitive rates, groundbreaking tools and technology, and a fast, easy process to help you deliver a worry-free mortgage experience.
|620+ FICO
|Primary, second and investment properties
|Loan amounts up to county loan limits
|Eligible for primary, second and investment properties on purchase, rate/term and cash-out refinances
|LTVs as high as 97% on purchase and rate/term refinances
|LTVs as high as 80% on primary home and 75% on second home and investment cash-out refinances
|High Balance available for loan amounts over the county loan limits
|Lender- and seller-paid |Temporary Rate |Buydowns available
|Available on single- and multi-wide manufactured homes, co-ops*, condos, |PUDs and One-Time Close New Construction loans
*Co-ops Applicable in New York only.
|620+ FICO
|Primary, second and investment properties
|Loan amounts up to county loan limits
|Eligible for primary, second and investment properties on purchase, rate/term and cash-out refinances
|LTVs as high as 97% on purchase and rate/term refinances
|LTVs as high as 80% on primary home and 75% on second home and investment cash-out refinances
|High Balance available for loan amounts over the county loan limits
|Lender- and seller-paid |Temporary Rate |Buydowns available
|Available on single- and multi-wide manufactured homes, co-ops*, condos, |PUDs and One-Time Close New Construction loans
*Co-ops Applicable in New York only.
HomeOne
Qualify more first-time homebuyers with this 3% down payment solution.
|Purchases up to 97% LTV
|No income restrictions
|Available in all geographic locations
|Eligible for single family homes, including townhouses and condos
|At least one borrower must be a first-time homebuyer
|LPA only
|Available on single- and multi-wide manufactured homes with LTV up to 95%, co-ops* and PUDs
|Lender and seller paid |Temporary Rate |Buydowns available
*Co-ops Applicable in New York only.
|Purchases up to 97% LTV
|No income restrictions
|Available in all geographic locations
|Eligible for single family homes, including townhouses and condos
|At least one borrower must be a first-time homebuyer
|LPA only
|Available on single- and multi-wide manufactured homes with LTV up to 95%, co-ops* and PUDs
|Lender and seller paid |Temporary Rate |Buydowns available
*Co-ops Applicable in New York only.
Conventional Cash-Out 90
A cash-out refinance option up to 89.99% LTV with a simplified process and a competitive interest rate — all without the addition of mortgage insurance.
|680+ FICO
|Loan amounts up to the conforming loan limits
|Minimum LTV 80.01 to maximum 89.99%
|No mortgage insurance required
|30-year fixed only
|Max DTI determined by DU/LPA, but not to exceed 50%
|If paying off first-lien mortgage, only 6 months of seasoning required
|Primary residence only
|680+ FICO
|Loan amounts up to the conforming loan limits
|Minimum LTV 80.01 to maximum 89.99%
|No mortgage insurance required
|30-year fixed only
|Max DTI determined by DU/LPA, but not to exceed 50%
|If paying off first-lien mortgage, only 6 months of seasoning required
|Primary residence only
HomeReady First
|Eligible borrowers receive:
|Up to $4,500 grant
|Borrowers above 100% AMI (Area Median Income) up to 140% AMI receive $1,500 grant
|Borrowers at or below 100% AMI receive $4,500 grant
|Up to $500 toward a 1-year home warranty (if applicable)
|$500 toward appraisal costs
|Borrowers’ eligibility is determined by multiple factors including:
Current primary residence must be located in an eligible census tract. Scroll down to see the list of Metropolitan Statistical Area’s (MSAs)
|Borrower must be a first-time homebuyer
|Must be at or below 140% AMI of the area they are purchasing in
|Up to $4,500 grant
|Borrowers above 100% AMI (Area Median Income) up to 140% AMI receive $1,500 grant
|Borrowers at or below 100% AMI receive $4,500 grant
|Up to $500 toward a 1-year home warranty (if applicable)
|$500 toward appraisal costs
|Borrowers’ eligibility is determined by multiple factors including:
Current primary residence must be located in an eligible census tract. Scroll down to see the list of Metropolitan Statistical Area’s (MSAs)
|Borrower must be a first-time homebuyer
|Must be at or below 140% AMI of the area they are purchasing in
HomeReady
Conventional options for borrowers looking to purchase with a low down payment or refinance with limited equity. Use the Fannie Mae Lookup Tool to see the subject property’s Area Median Income (AMI).
|Purchases up to 97% including FTHB
|Refinances serviced by FNMA eligible up to 97% LTV
|Reduced Mortgage Insurance
|High Balance available
Income up to 80% of the AMI. First time homebuyers at or below 50% of the AMI receive a $2,500 pricing incentive
|Gift funds eligible for entire down payment
|Available on single- and multi-wide manufactured homes with LTV up to 95%, condos, co-ops* and PUDs
|Lender and seller paid |Temporary Rate |Buydowns available
*Co-ops Applicable in New York only.
|Purchases up to 97% including FTHB
|Refinances serviced by FNMA eligible up to 97% LTV
|Reduced Mortgage Insurance
|High Balance available
Income up to 80% of the AMI. First time homebuyers at or below 50% of the AMI receive a $2,500 pricing incentive
|Gift funds eligible for entire down payment
|Available on single- and multi-wide manufactured homes with LTV up to 95%, condos, co-ops* and PUDs
|Lender and seller paid |Temporary Rate |Buydowns available
*Co-ops Applicable in New York only.
Refi Possible
Refi Possible helps your borrowers who currently have a Freddie Mac-backed loan save on their monthly mortgage payment. As with Fannie Mae’s RefiNow, applicants must have income at or below 100% of their area median income (AMI) and be able to reduce their interest rate by a minimum of 50 basis points.
|Loan must be conventional and owned or securitized by Freddie Mac
|Must have a reduction in their monthly mortgage payment*
|30-year fixed loans with an LTV up to 97%
|620+ FICO; up to 65% DTI
|$500 credit from Freddie Mac if an appraisal was obtained
|Available on single- and multi-wide manufactured homes, co-ops†, condos and PUDs
*Reduction must include principal, interest and the mortgage insurance payment (if applicable).
†Co-ops Applicable in New York Only.
|Loan must be conventional and owned or securitized by Freddie Mac
|Must have a reduction in their monthly mortgage payment*
|30-year fixed loans with an LTV up to 97%
|620+ FICO; up to 65% DTI
|$500 credit from Freddie Mac if an appraisal was obtained
|Available on single- and multi-wide manufactured homes, co-ops†, condos and PUDs
*Reduction must include principal, interest and the mortgage insurance payment (if applicable).
†Co-ops Applicable in New York Only.
Elite
A cash-out refinance option up to 89.99% LTV with a simplified process and a competitive interest rate — all without the addition of mortgage insurance.
|680+ FICO
|Loan amounts up to the conforming loan limits
|Minimum LTV 80.01 to maximum 89.99%
|No mortgage insurance required
|30-year fixed only
|Max DTI determined by |DU/LPA, but not to exceed 50%
|If paying off first-lien mortgage, only 6 months of seasoning required
|Primary residence only
|680+ FICO
|Loan amounts up to the conforming loan limits
|Minimum LTV 80.01 to maximum 89.99%
|No mortgage insurance required
|30-year fixed only
|Max DTI determined by |DU/LPA, but not to exceed 50%
|If paying off first-lien mortgage, only 6 months of seasoning required
|Primary residence only
NON-QM PROGRAMS
DSCR
|Min. FICO 620
|Up to 80% CLTV
Our DSCR loan program is tailored for both new and seasoned real estate investors, offering financing based on the property's cash flow rather than personal income.
Program features
|DSCR as low as 0
|1007 only for rental income
|Credit for DSCR >1.25
|Min. 3 months of reserves required
|Cash-out available up to |75% LTV
|Gift funds allowed
Why choose our DSCR?
|No income and no employment needed
|No ratio loans — borrowers do not have to worry about the debt service coverage ratio
|Fastest turn times in the industry
We also have a 30-year long term DSCR loan program that starts at 7%, 625 credit score, and an appraisal.
Our Hard Money Loan parameters:
|No Appraisal
|No credit check
|No income verification - (no bank statements or tax returns)
|No Pre-payment penalty
12-month loan with a 6-month extension
|10.60% interest only rate
|1% or $2,000 origination fee
|$699 loan doc fee
|1% extension fee, if exercised
|Up to 80% CLTV
Our DSCR loan program is tailored for both new and seasoned real estate investors, offering financing based on the property's cash flow rather than personal income.
Program features
|DSCR as low as 0
|1007 only for rental income
|Credit for DSCR >1.25
|Min. 3 months of reserves required
|Cash-out available up to |75% LTV
|Gift funds allowed
Why choose our DSCR?
|No income and no employment needed
|No ratio loans — borrowers do not have to worry about the debt service coverage ratio
|Fastest turn times in the industry
We also have a 30-year long term DSCR loan program that starts at 7%, 625 credit score, and an appraisal.
Our Hard Money Loan parameters:
|No Appraisal
|No credit check
|No income verification - (no bank statements or tax returns)
|No Pre-payment penalty
12-month loan with a 6-month extension
|10.60% interest only rate
|1% or $2,000 origination fee
|$699 loan doc fee
|1% extension fee, if exercised
12/24 Month Bank Statement
|No Score or FICO 620
|Up to 90% CLTV
Our 12/24 Month Bank Statement loan is a perfect Non-QM option for the self-employed. Even if complex tax deductions make their tax returns less than straightforward, this program can provide a clearer picture of their current income or revenue to help them qualify.
Program features
|Loan amount up to $4 million
|DTI up to 55%
|Min. 3 months of reserves required
|Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%
|Mortgage history 0 x 60 x 12, 0 x 30 x12, 0 x 90 x 24
Why choose our 12/24 Month Bank Statement?
|Free service to calculate income
|Combined statements accepted
|No tax returns required
|Up to 90% CLTV
Our 12/24 Month Bank Statement loan is a perfect Non-QM option for the self-employed. Even if complex tax deductions make their tax returns less than straightforward, this program can provide a clearer picture of their current income or revenue to help them qualify.
Program features
|Loan amount up to $4 million
|DTI up to 55%
|Min. 3 months of reserves required
|Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%
|Mortgage history 0 x 60 x 12, 0 x 30 x12, 0 x 90 x 24
Why choose our 12/24 Month Bank Statement?
|Free service to calculate income
|Combined statements accepted
|No tax returns required
ITIN
|Min. FICO 660
|Up to 80% CLTV
Our ITIN mortgage loan program is a mortgage solution for individuals who have an Individual Taxpayer Identification Number but do not have a Social Security Number. With this program, you can grow your business by making homeownership a reality for non-U.S. citizens.
Program features
|Min FICO 660 and up to |80% CLTV for Super Prime
|Min FICO 700 and up to 70% CLTV for DSCR
|Loan amounts up to $1.5 million
|A valid ITIN card or IRS ITIN letter and an unexpired government photo ID required
|As little as 3 months of reserves
Why choose our ITIN?
|Primary residence & investment allowed
|DSCR allowed
|Alt docs allowed
|Up to 80% CLTV
Our ITIN mortgage loan program is a mortgage solution for individuals who have an Individual Taxpayer Identification Number but do not have a Social Security Number. With this program, you can grow your business by making homeownership a reality for non-U.S. citizens.
Program features
|Min FICO 660 and up to |80% CLTV for Super Prime
|Min FICO 700 and up to 70% CLTV for DSCR
|Loan amounts up to $1.5 million
|A valid ITIN card or IRS ITIN letter and an unexpired government photo ID required
|As little as 3 months of reserves
Why choose our ITIN?
|Primary residence & investment allowed
|DSCR allowed
|Alt docs allowed
1Y + 2Y P&L
|Min. FICO 660
|Up to 80% CLTV
Our Non-QM 1-year and 2-year P&L loans are designed for self-employed individuals. These loans allow borrowers to use their business's Profit & Loss (P&L) statements to qualify, bypassing traditional income verification.
Program features
|P&L reviewed by Licensed CPA, CTEC registered Preparer or IRS Enrolled Tax Agent
|Loan amounts up to $2.5 million
|Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%
|DTI up to 55%
|Temporary rate buydowns available
|Why choose our 1Y & 2Y P&L?
|Bank statements not required up to 70% LTV
|Income support tolerance 25%
|1-year business existence may be considered
|Up to 80% CLTV
Our Non-QM 1-year and 2-year P&L loans are designed for self-employed individuals. These loans allow borrowers to use their business's Profit & Loss (P&L) statements to qualify, bypassing traditional income verification.
Program features
|P&L reviewed by Licensed CPA, CTEC registered Preparer or IRS Enrolled Tax Agent
|Loan amounts up to $2.5 million
|Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%
|DTI up to 55%
|Temporary rate buydowns available
|Why choose our 1Y & 2Y P&L?
|Bank statements not required up to 70% LTV
|Income support tolerance 25%
|1-year business existence may be considered
1Y or 2Y Full Doc Non-QM
|No score or FICO 620
|Up to 90% CLTV
Our Full Doc Non-QM loans are a perfect solution for small business owners, investors, or other self-employed individuals who believe they may not qualify for a traditional agency loan.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%
|Condos up to 90% CLTV, condotels up to 75% CLTV, NY up to 90% CLTV
|30 & 40-year fixed, 5/6 & 7/6 ARM
Why choose our 1Y or 2Y Full Doc Non-QM?
|ITIN allowed
|1 year credit event allowed
|Temporary rate buydowns available
|Up to 90% CLTV
Our Full Doc Non-QM loans are a perfect solution for small business owners, investors, or other self-employed individuals who believe they may not qualify for a traditional agency loan.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%
|Condos up to 90% CLTV, condotels up to 75% CLTV, NY up to 90% CLTV
|30 & 40-year fixed, 5/6 & 7/6 ARM
Why choose our 1Y or 2Y Full Doc Non-QM?
|ITIN allowed
|1 year credit event allowed
|Temporary rate buydowns available
1099
|No Score or FICO 620
|Up to 85% CLTV
Our 1099 loan is a solution for self-employed and contract borrowers that allows them to use their 1099 forms to report various types of non-employment income received during the tax year.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Cash out available
|1-year history with the same employer
|Temporary rate buydowns available
Why choose our 1099?
|1099s for the last 1 year allowed
|Expense ratio 10%
|Gift funds allowed
|Up to 85% CLTV
Our 1099 loan is a solution for self-employed and contract borrowers that allows them to use their 1099 forms to report various types of non-employment income received during the tax year.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Cash out available
|1-year history with the same employer
|Temporary rate buydowns available
Why choose our 1099?
|1099s for the last 1 year allowed
|Expense ratio 10%
|Gift funds allowed
WVOE
|No Score or FICO 620
|Up to 80% CLTV
The WVOE program is a unique category of mortgage solutions that differs from Conventional or Government financing options. This program verifies income through a Written Employer Verification (WVOE) form completed by a borrower's current employer, rather than relying on tax returns. The program provides innovative solutions for borrowers who lack traditional tax returns or W-2s, have complex financial profiles, or have difficulty qualifying for Conventional mortgages.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Cash out available
|Completed FNMA Form 1005 for a 2-year history with the same employer
|Paystubs, tax returns, 4506-C, or W-2's not required
Why choose our WVOE?
|Bank statements must reflect deposits from the employer supporting at least 75% of gross income
|Bank statements not required up to 70% LTV
|Gift funds allowed
|Up to 80% CLTV
The WVOE program is a unique category of mortgage solutions that differs from Conventional or Government financing options. This program verifies income through a Written Employer Verification (WVOE) form completed by a borrower's current employer, rather than relying on tax returns. The program provides innovative solutions for borrowers who lack traditional tax returns or W-2s, have complex financial profiles, or have difficulty qualifying for Conventional mortgages.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Cash out available
|Completed FNMA Form 1005 for a 2-year history with the same employer
|Paystubs, tax returns, 4506-C, or W-2's not required
Why choose our WVOE?
|Bank statements must reflect deposits from the employer supporting at least 75% of gross income
|Bank statements not required up to 70% LTV
|Gift funds allowed
Asset Utilization
|Min. FICO 620
|Up to 80% CLTV
Our Asset Utilization mortgage program is designed for those who may not have easily quantifiable sources of income, such as the self-employed, entrepreneurs, retirees, and those living off their investments. This program allows them to use their personal assets as a means to qualify for a home mortgage, providing flexibility in obtaining financing.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Cash-out up to 80% LTV
|Qualifying assets / 60 months
|100% of checking, savings, stocks, bonds, and 70% of retirement assets
Why choose our Asset Utilization?
|Min. 3 months of reserves required
|Gift funds allowed
|4 months of seasoning
|Up to 80% CLTV
Our Asset Utilization mortgage program is designed for those who may not have easily quantifiable sources of income, such as the self-employed, entrepreneurs, retirees, and those living off their investments. This program allows them to use their personal assets as a means to qualify for a home mortgage, providing flexibility in obtaining financing.
Program features
|Loan amounts up to $4 million
|DTI up to 55%
|Cash-out up to 80% LTV
|Qualifying assets / 60 months
|100% of checking, savings, stocks, bonds, and 70% of retirement assets
Why choose our Asset Utilization?
|Min. 3 months of reserves required
|Gift funds allowed
|4 months of seasoning
Foreign National DSCR
|No score or FICO 660
|Up to 75% CLTV
Our DSCR Foreign National loan is designed for individuals living abroad who are interested in purchasing or refinancing investment property in the US. This is a DSCR program, meaning a borrower qualifies based on the cash flow generated by the investment, no income is required.
Program features
|Loan amounts up to $3 million
|Overseas assets allowed as reserves
|Cash-out allowed
|One bank reference letter
|Min reserves 12 months
Why choose our Foreign National DSCR?
|DSCR < 1 requires min |FICO 680 or no FICO
|Gift funds allowed
|RON closing
|Up to 75% CLTV
Our DSCR Foreign National loan is designed for individuals living abroad who are interested in purchasing or refinancing investment property in the US. This is a DSCR program, meaning a borrower qualifies based on the cash flow generated by the investment, no income is required.
Program features
|Loan amounts up to $3 million
|Overseas assets allowed as reserves
|Cash-out allowed
|One bank reference letter
|Min reserves 12 months
Why choose our Foreign National DSCR?
|DSCR < 1 requires min |FICO 680 or no FICO
|Gift funds allowed
|RON closing
Foreign National Full Doc
|No score or FICO 660
|Up to 75% CLTV
Our Full Doc Foreign National mortgage program is designed for individuals living abroad who are interested in purchasing or refinancing investment property in the US. This program features a flexible and efficient alternative documentation process and realistic guidelines, which makes it easier for foreign borrowers to qualify for a loan and ensures a smooth and hassle-free experience.
Program features
|Loan amounts up to $3 million
|Overseas assets allowed as reserves
|Cash-out allowed
|One bank reference letter
|CPA Letter for the last 2 years & year-to-date
|Why choose our Foreign |National Full Doc?
|Homeownership outside the US is allowed
|Gift funds allowed
|RON closing
|Up to 75% CLTV
Our Full Doc Foreign National mortgage program is designed for individuals living abroad who are interested in purchasing or refinancing investment property in the US. This program features a flexible and efficient alternative documentation process and realistic guidelines, which makes it easier for foreign borrowers to qualify for a loan and ensures a smooth and hassle-free experience.
Program features
|Loan amounts up to $3 million
|Overseas assets allowed as reserves
|Cash-out allowed
|One bank reference letter
|CPA Letter for the last 2 years & year-to-date
|Why choose our Foreign |National Full Doc?
|Homeownership outside the US is allowed
|Gift funds allowed
|RON closing
NON-QM PROGRAMS
OUR PARTNERS
CONTACT
CONTACT US
Inquiries
Have questions or need more information? Feel free to reach out to us. Simply give us a call at (866) 741-5999 or fill out the form below.
Get in Touch
Head Office
Address: 3883 Westmart Dr,
Suite 230, Houston, TX 77042
Email: info@castlegroupmortgage.com
Phone: (866) 741-5999
Fax: (346) 770-2967
Career Opportunities
Join our team of mortgage professionals. Send your resume and cover letter to careers@castlegroupmortgage.com.
Request a Quote: (866) 741-5999
Fax: (346) 770-2967
bottom of page