Rustic kitchen and living area with wooden beams, terracotta tile flooring, large windows showing desert mountains, cozy seating area, and open kitchen with island.

Photo: Classic New Mexico Homes

Loan Options

Finding a great home loan involves careful consideration of your needs, finances and history. We are here to guide you.

Not only do we offer Conventional, FHA, USDA and VA primary home loans, we also have numerous Non-QM loans.  Some of those loans may use your bank statements, 1099, or business P&L for income qualifying.

If you are considering a no-down or low-down payment program, give us a call to discuss your specific situation.

For investments properties, our favorite loan is a Debt Service Coverage Ratio (DSCR) loan. It only uses the cash flow of the property you are buying, with no personal income used.

Purchasing Options

  • FHA Loan

    An FHA Loan provides a government-insured loan with only a 3.5% down payment. It also allows for a debt-to-income ratio up to 56.9%.

    Discover FHA Loans

  • VA Loan

    Fixed-rate or ARM mortgages for military veterans and their spouses. Famous for 0% down, this program has many other great traits, like higher debt-to-income ratios.

    Discover VA Loans

  • Rehab Loan

    Offered as an FHA, VA or Conventional, you can buy a home and get one loan for the purchase and all of the improvements. With a down payment of 3.5-5.0% on the full amount, this is a way to get your dream home and save your cash for emergencies, vacation or furnishings.

    Discover Rehab Loans

  • Conventional Loan

    With down payments from 3%, and the ability to use only one borrower in a community property state, a Conventional loan may be the one for you.

    Discover Conventional Loans

  • One-Time-Close Construction Loan

    Build your dream home from the ground up with tailored financing to add land and a custom home in one up-front loan closing. Available as VA, FHA and Conventional products.

    Discover One-Time-Close Loans

  • No Down Payment Loans

    Explore options that may make you a home buyer with no down payment.

    Discover No Down Payment Options

  • Bank Statement Program

    If you are self-employed or a 1099 contractor, you can leverage either personal or business bank statements to get a favorable home loan.

    Discover Bank Statement Programs

  • Jumbo Loan

    Jumbo loans are defined as primary residence loan amounts that are above the maximum conventional loan. For 2025, that is currently $806,500 for most areas. We have options for larger home loans starting at a 10% down payment.

    Discover Jumbo Loans

  • Investment Property Loans

    We offer mortgage loan programs for vacation, rental, or investment properties. Starting at 15% down payment.

    Discover Investment Property Options

  • Fix & Flip Investment Loan

    Get the perfect loan for the purchase and renovation of investment properties. With just 15% down on the purchase price, you can “flip” your way to a great profit. We also offer fix and rent loans.

    Discover Fix & Flip Loans

Refinancing Options

  • Refinance

    Mortgage refinancing to lower your monthly payments is offered with FHA, VA and Conventional loans. You may also be able to reduce the number of years left.

    Discover Refinancing Options

  • Cash-Out Refinance

    Access your Home Equity for various purposes, including investment, home upgrades, or emergencies. We have cash-out FHA, VA, Non-QM or Conventional loans available. In Texas, we only offer Conventional and Non-QM loans for cash out.

    Discover Cash-Out Refinancing

  • VA Loan Refinance

    Explore the different ways to refinance your VA Loan.

    Discover VA Loan Refinancing

Testimonials

  • Ambee M.

    “As first time homebuyers we were a little nervous about the whole process. Rebecca was the BEST!!!! She was there step by step and answered all our questions. She explained each phase of the process and was a pleasure working with!!!! I would most definitely recommend Old West Lending.”

  • Nakiia Harrison

    “…Paul made the entire experience as smoothly as possible. He was extremely patient, knowledgeable, understanding and kind, through the many roadblocks. He always responded to my emails and calls at any hour, and still responds after my deal was complete. I recommend him to anyone purchasing a home; You’re definitely in the right hands with him.”

  • Matthew Hunter

    Greatest mortgage broker you’ll ever find. Never met Paul in person but he treated me like I’ve known him forever. Paul made my entire home buying process completely effortless. I have never purchased a home, but I’ve never heard anyone describe it as easy, even with a recent repo on my record, Paul made it easy.

  • Luis H.

    “My first time ever buying a home, and I was dealing with a very compressed timeline. Without Paul, I don't think I would have my home now. Very proactive, very knowledgeable, and very quick to find answers. Paul and Old West Lending were able to find the best program for my situation and I couldn't be more pleased to have chosen them as a lender.”

  • Yazmin Dominguez

    “If you need financing look no further. Paul and his team are the best!!!! When we got 2 “No’s” Paul said “Yes”. He was patient and worked hard from start to finish to get us approved. He responded on nights and weekends and always so fast. We had almost given up but we put our last hope in Paul and he delivered.”

  • Elizabeth Villa

    “As a first time homebuyer, I highly recommend Old West Lending. We had a very good experience working with them. With the help of Rebecca Licalsi, our process was very easy and smooth. It was easy to get in contact with her, and she answered all of our questions. Old West Lending has an amazing team!”

  • Kaily Spensley

    Paul at Old West Lending was truly amazing to work with! My client was originally under contract with another lender who, unfortunately, couldn’t get the loan closed. I referred my client to Paul, and he immediately jumped in with dedication and determination. He worked tirelessly and came up with creative solutions to make the loan work. Thanks to Paul’s expertise and commitment, my buyer was able to close and finally purchase the home he had his heart set on. I’m so grateful for Paul’s hard work and highly recommend him to anyone needing a reliable and resourceful lender!