Achieve Your Homeownership Goals
Seamlessly Navigate
the Path to
Homeownership
First Nation Financial: Your Expert Partner in Affordable Home Loans
EXPERIENCE YOU CAN TRUST
30 YEARS OF PROVEN SUCCESS IN LOANS—EXPERT GUIDANCE EVERY STEP OF THE WAY
FAST & AGILE LOAN PROCESS
QUICK APPROVALS AND SMOOTH CLOSINGS SO YOU CAN MOVE INTO YOUR HOME FASTER
UNDERWRITING YOU CAN RELY ON
OUR EXPERTS REVIEW EACH APPLICATION WITH CARE TO FIND THE BEST SOLUTION FOR YOU
FREE CONSULTATION
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832- 955-9255
First Nation Financial Corp is a mortgage brokerage firm dedicated to helping you find the best financing solutions. Our focus is to understand you and your financial goals and develop a plan based around YOUR needs. With over 30 years of experience in lending and significant contacts throughout the industry, we are your trusted partner in achieving your financial goals.
Our team
Agents You Can Trust
Fast & Agile Loan ProcessMeet the team of loan officers that will help you with pleasure
JOSHUA FARD, CEO
CEO, CA Dept. Of Real Estate,
Brkr. Lic. # 01047002, NMLS # 237217
Jan Fard, President
President
CA Dept. Of Real Estate,
Brkr. Lic. # 01047002, NMLS # 237217
Kam Zarnegar
VP of Origination,
CA Dept. Of Real Estate,
Brkr. Lic. # 01039303, NMLS # 235611
Sounder Alwar
VP of Operations
Jessica Koshki
VP of Operations
FREQUENTLY ASKED QUESTIONS
Answers to common questions
from our valued clients
What credit score do I need to qualify for a home loan in Texas?
You can qualify for many mortgage programs in Texas with a credit score starting around 580 (FHA) or 620 for conventional loans. That said, having a higher score (e.g. 740+) can help you access lower interest rates and better loan terms. Even if your credit is below 680, there are still solid options with competitive rates.
What is the minimum down payment required?
It depends on the loan type. FHA loans may require as low as 3.5% down, while conventional loans often accept 3%–5% down. We also help clients explore seller concessions or down payment assistance, which in some cases can reduce the required out-of-pocket amount further.
Do I need to pay mortgage insurance (PMI), and when can it be removed?
Yes, for conventional loans with less than 20% down, PMI is typically required. Once you build enough equity (typically 20% of home value), the PMI can often be removed. For FHA loans, there are different rules depending on when your loan originated.
What types of mortgage loans do you offer?
At First Nation Financial Corp, we offer a full lineup: FHA, Conventional, VA, USDA, construction and home equity / cash-out refinance options. We’ll help you compare them to see which fits your financial profile and goals best.
How much house can I afford?
A good rule of thumb is that your total housing costs (mortgage, taxes, insurance) should remain below ~ 28–33% of your gross monthly income. But affordability also depends on your debts, credit, down payment, and interest rate. We’ll run personalized scenarios for you.
What are closing costs, and who pays them?
Closing costs (appraisal, title, inspections, fees, escrow, etc.) generally range between 3% and 6% of the loan amount. In Texas, it’s common for sellers to cover part of these costs via concessions. At First Nation, we work to negotiate and advise on how much you might need to pay.
What documents will I need to apply for a mortgage?
- Proof of income (pay stubs, W-2s, tax returns)
- Bank statements / asset statements
- Credit history / credit report
- Identification (ID, Social Security)
Purchase agreement (if you already have one)
Our loan officers will walk you through your specific checklist.
What is the difference between pre-qualification and pre-approval?
- Pre-qualification: a preliminary estimate based on basic info; gives you a ballpark of what you might qualify for.
- Pre-approval: a more detailed review — credit pulled, financials verified — and gives you stronger leverage with sellers.
What is a rate lock, and when should I lock in my rate?
A rate lock is a guarantee that your interest rate won’t change (within set parameters) while your loan is underwritten, even if market rates move. We advise when to lock depending on market conditions, but we’ll discuss timing with you so you don’t miss a favorable window.
Can I refinance later or take out a home equity loan?
Yes — after building equity, you can refinance (including cash-out refinance) or take a home equity loan / line of credit (HELOC) to utilize your home’s value. Many clients use this for renovation, debt consolidation, or personal investments. We guide you through timing, costs, and eligibility.
TESTIMONIALS
Exploring Reviews from
Our Delighted Clients
Happy Client
Kam is one of a kind. He took his time to explain the loan I was getting. There is no push on his end.
- John
Happy Client
There is always someone to reach. I have direct access to the president’s number. It did not even matter to them if it was after hours, my concerns were answered.
- Katherine Mizrahi
Happy Client
Kam is one of a kind. He took his time to explain the loan I was getting. There is no push on his end.
- Jesse Jordan
Happy Client
Thank you very much. I’m impressed with your service. I had a loan that no one could accomplish, but Jan did.
- Sam Sahimi
LATEST NEWS
READ OUR
LATEST
NEWS
Don’t let misconceptions hold you back. Are you tired of believing homeownership is out of reach? You think a large down payment is a must. You worry about being taken advantage of by lenders. You feel isolated in your financial struggle. If this describes you, please reach out to us today and let us help you put all of your worries and concerns behind you.
NEW SBA LENDING PARAMETERS TO INCLUDE UP TO 100% OF POST ACQUISITION PROJECT FINANCING
2023 – FIRST NATION EXPANDS ITS REACH BY DEVELOPING NEW OFFICES IN TEXAS
TAILOR MADE LENDING PROGRAMS DESIGNED BY FIRST NATION FINANCIAL CORP
NEW MORTGAGE SERVICES TO INCLUDE RESIDENT
ALIENS