Town Square Mortgage

Town Square Mortgage: mortgage loans with guaranteed closing in Dallas

Town Square Mortgage is a mortgage entity headquartered in Dallas, Texas, operating under the legal name American Portfolio Mortgage DBA Town Square Mortgage. Founded in 2009, it presents itself as a preferred lender for homebuyers, real estate professionals, and builders. Its activity focuses on accompanying the client throughout the entire financing process, from application to closing.

The company guarantees the closing of its loans within 21 days or less, a factor that stands out as an advantage when submitting purchase offers, especially in multiple-offer scenarios. To this end, it has an in-house processing process that seeks to expedite timelines.

Available loan programs

Town Square Mortgage's catalog of mortgage solutions covers a wide variety of products:

• Conventional Loans
• FHA Loans
• VA Loans
• Jumbo Loans
• Non-QM Loans
• ITIN Loans
• USDA Loans
• Second Home & Investment Loans
• Fixed-Rate Mortgages
• Adjustable-Rate Mortgages
• Refinance Loans
• Builder Financing Program
• Reverse Mortgage Program
• Down Payment Assistance

The company also offers calculation tools, such as a mortgage calculator and an affordability calculator, so users can estimate their monthly payments and evaluate their purchasing power.

The homebuying process step by step

Town Square Mortgage structures the client experience in a sequence of steps that begins with a conversation with a loan originator, followed by obtaining a pre-approval letter, home shopping and making offers, documentation and processing, coordination with the underwriting area to meet guidelines, final approval before closing, and finally, signing the documents digitally or in person.

The company offers a mobile app that allows completing the application in under ten minutes, receiving pre-approval in minutes, uploading documents from any device, checking loan status in real time, messaging the loan originator, calculating loan scenarios, and eClosing where state law permits.

Specialization in the Latino market and other differentiators

Among the traits the company highlights are its team culture, purchase experience, team longevity, technological advantages, 21-day closings, and a specialization in the Latino market. The latter is reflected in the offering of ITIN loans and in the section of its website dedicated to Latino expertise.

Geographic coverage and licenses

Headquartered in Dallas, Texas, Town Square Mortgage is authorized to operate in Alabama, Arizona, Arkansas, Colorado, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia, West Virginia, and Wisconsin. The company is licensed by the Texas Department of Savings and Mortgage Lending (SML) and its mortgage banker registration is available through the NMLS system with ID 175656.

Awards and track record

The company has received several recognitions, including the 2021 Top 100 Places to Work in Dallas-Fort Worth award from the Dallas Morning News, the 2021 Dallas 100 Entrepreneur Award from the Caruth Institute for Entrepreneurship at SMU Cox School of Business, and its inclusion in the Inc. 5000 list for six consecutive years (2016-2021).

Team and culture

Town Square Mortgage has a team of loan professionals that provides support to clients and partners. The company emphasizes transparency and trust, and seeks to make the mortgage process seamless. It also mentions employment opportunities to bring in new talent.

Location and contact

17300 Dallas Parkway Suite 1030, Dallas, TX 75248 · Phone: (972) 292-7600 · Email: info@tsmlending.com