Wiser Lending

Mortgage Lender serving Austin, TX

About Wiser Lending

Wiser Lending, founded in 2017 by Eric Weishaar, evolved from OneCity Mortgage, which he initially helped build in 2010. The company's mission centers on providing an exceptional mortgage experience characterized by competitive rates, low costs, and unparalleled customer service. Wiser Lending is committed to educating clients, empowering them to make informed financial decisions that ultimately improve their financial standing post-closing.

The lender distinguishes itself through its specialization in a diverse range of loan programs, including VA, Texas Cash Out, and complex Non-Warrantable Condo financing. Operating as a smaller wholesale company, Wiser Lending leverages its expertise and relationships with various investors to offer below-market rates and low closing costs, aiming to assist a broad spectrum of borrowers, from first-time homebuyers to seasoned real estate investors.

With a primary focus on client-specific needs, Wiser Lending combines its deep knowledge in both conventional and specialty loans to serve homeowners and investors across Texas and Florida. Their dedication to navigating unique financial situations, even those involving past credit issues, positions them as a flexible and comprehensive choice for home financing.

Company Information

Founded: 2010
Lender Type: Direct Lender

Licensed In

TXFL

Digital Capabilities

Online Application
Rate Calculator
Pre-Qualification Tool

Home Loan Products

Conventional Loans

Loan Types:
Conventional
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondo
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
W-2 EmployeeSelf-EmployedBusiness Owner
Income Verification:
Full Documentation
Special Programs:
First-Time Homebuyer
Available Terms:
30 years25 years20 years15 years10 years5 years
Credit Tiers:
Good (680-739)Fair (620-679)
3%
Min Down Payment
97%
Max LTV
620
Min Credit Score

FHA Loans

Loan Types:
FHA
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondo
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Available Terms:
30 years25 years20 years15 years10 years5 years
Credit Tiers:
Fair (620-679)Poor (580-619)
3.5%
Min Down Payment
96.5%
Max LTV
580
Min Credit Score

Conforming High Balance Loans

Loan Types:
ConventionalJumbo
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondo
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Available Terms:
30 years25 years20 years15 years10 years5 years
Credit Tiers:
Good (680-739)
10%
Min Down Payment
90%
Max LTV
680
Min Credit Score

VA Loans

Loan Types:
VA
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondo
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Veteran Program
Available Terms:
30 years25 years20 years15 years10 years5 years
Credit Tiers:
Fair (620-679)Poor (580-619)
0
100%
Max LTV
580
Min Credit Score

Jumbo Loans

Loan Types:
Jumbo
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondo
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Available Terms:
30 years25 years20 years15 years10 years5 years
Credit Tiers:
Good (680-739)
10%
Min Down Payment
90%
Max LTV
680
Min Credit Score

Texas Cash Out Refinance

Loan Types:
Cash-Out Refinance
Rate Types:
Fixed Rate
Property Types:
Single-Family Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Available Terms:
30 years25 years20 years15 years10 years5 years

Warrantable and Non-Warrantable Condo Loans

Loan Types:
ConventionalNon-QMRefinanceCash-Out Refinance
Rate Types:
Fixed Rate
Property Types:
CondoInvestment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-EmployedInvestor
Income Verification:
Full DocumentationBank Statement
Available Terms:
30 years25 years20 years15 years10 years5 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)
580
Min Credit Score

DSCR Investment Loans

Loan Types:
DSCRNon-QM
Rate Types:
Fixed Rate
Property Types:
Investment Property
Occupancy Types:
Investment Property
Employment Types:
Investor
Income Verification:
No Income Verification
Available Terms:
30 years25 years20 years15 years10 years5 years

Hard Money and Investor Loans

Loan Types:
Hard MoneyBridgePortfolioRefinance
Rate Types:
Fixed Rate
Property Types:
Investment Property
Occupancy Types:
Investment Property
Employment Types:
InvestorBusiness OwnerSelf-Employed

Contact Information

6500 River Pl Blvd
Austin, TX 78730
US

Connect With Us

Get a Free Quote

Business Information

Category: Mortgage Lender
Location: Austin, TX
Status: Standard
Founded: 2010
Type: Direct Lender
Profile Views: 17

Advertisement Space