Mortgage broker in Prosper, TX.
Conventional, FHA, VA, USDA, Jumbo, and Non-QM lending across Dallas-Fort Worth. Same loan officers from soft-pull pre-qualification to clear-to-close.
- Local Dallas-Fort Worth lender — fast pre-qualification, no surprises
- Conventional, FHA, VA, USDA, Jumbo, and Non-QM under one roof
- Texas-only focus. Q Mortgage LLC, NMLS #2567464
Prosper mortgage market at a glance
- Conforming limit
- $806,500
- 2026
- FHA single-family
- $617,400
- Collin County
- Population
- 38,000
- 2024
Mortgages, built around Prosper.
Prosper, TX has grown from a small Collin County town into one of the most sought-after addresses in the Dallas-Fort Worth metro. Families relocate here for the Prosper Independent School District, large lots, and a suburban feel that's still within commuting distance of major DFW employers. Q Mortgage (NMLS #2567464) works with buyers navigating this competitive market every day, offering direct access to wholesale lending without the retail bank markup.
How much home can you afford in Prosper?
Adjust the inputs to see your max purchase price, target monthly payment, and front-end/back-end DTI. Tied to the same calc engine our loan officers use.
Gross household income
Cards, auto, student loans
Cash you have available
Texas avg ~2.0%
36% = conservative, 43% = QM, 50% = aggressive
- Principal & interest
- $1,639.80
- Property tax
- $496.49
- Home insurance
- $150.00
- PMI
- $113.71
- Front-end (housing)
- 30.3%
- Back-end (housing + debts)
- 36.0%
- Loan amount
- $272,897
- LTV at origination
- 91.6%
- Cash to close (est.)
- $33,937
Enter your contact info to download the PDF summary.
Estimate only. Lenders evaluate credit score, employment history, asset reserves, and loan program in addition to DTI. Cash-to-close uses a 3% closing-cost estimate; actual closing costs vary by lender, title, and county.
The Prosper market in context.
Prosper sits in Collin County, where home prices have pushed well above the conforming loan limit of $806,500 in many neighborhoods. That means a significant portion of buyers here are looking at jumbo financing rather than conventional conforming loans. The FHA single-family limit for this county is $617,400, which positions FHA as a realistic option primarily for entry-level or smaller homes rather than the larger new-construction builds that define much of Prosper's housing stock. Buyers in Prosper tend to be move-up purchasers, dual-income households, and corporate relocators drawn to Collin County's growth corridor along the US-380 and Preston Road corridors.
Every loan program we close, available across Dallas-Fort Worth.
Because many Prosper homes are priced above the $806,500 conforming limit, jumbo loans are a common starting point for buyers here. For homes within the conforming ceiling, conventional loans with varied down payment options are a strong fit. VA loans up to $806,500 are available for eligible veterans and active-duty service members with no down payment required. FHA loans at up to $617,400 work well for buyers targeting smaller or older homes in Prosper's entry-level price range. Q Mortgage also works with buyers on conventional loans that require as little as 3% down for qualifying borrowers.
Government-backed
FHA Loans
Low down payment, flexible credit. Great for first-time buyers.
Learn moreVA Loans
Zero-down financing for veterans, active duty, and surviving spouses.
Learn moreUSDA Loans
Zero-down for rural and suburban-eligible properties.
Learn moreFirst-Time Home Buyer
Programs and guidance for your first purchase.
Learn moreDown Payment Assistance
TX grants and second-lien programs to bridge the down-payment gap.
Learn more1% Down Programs
Special programs that close with as little as 1% from you.
Learn moreZero Down Programs
Pathways to a zero-down purchase via VA, USDA, or lender credits.
Learn more100% Financing
100% LTV options for qualifying borrowers.
Learn moreConventional
Conventional Loans
Standard 3% to 20% down loans backed by Fannie/Freddie.
Learn moreJumbo Loans
Above-conforming financing for higher-priced homes.
Learn moreFixed-Rate Mortgage
Lock the same rate for 15 or 30 years.
Learn moreAdjustable-Rate Mortgage
Lower intro rate for buyers who plan to move or refi.
Learn more30-Year Mortgage
Most-common loan term for primary residences.
Learn moreRefinance & equity
Refinance Overview
Find the right refi structure for your equity + rate goals.
Learn moreRate-and-Term Refinance
Lower your rate or shorten your term.
Learn moreCash-Out Refinance
Tap equity for renovations, debt consolidation, or investment.
Learn moreHELOC
Revolving credit line tied to your home equity.
Learn moreHome Equity Loan
Fixed-rate second lien against your TX home equity.
Learn moreSpecialty programs
Rent-to-Own
Lease-to-purchase pathway for buyers who need time.
Learn moreNew Construction
Financing for spec, semi-custom, and custom new builds.
Learn moreConstruction & Renovation
Single-close construction or renovation financing.
Learn moreLand Loans
Acquire raw or improved land for future construction.
Learn moreMedical Professional
Physician/MD/DO programs with relaxed DTI + student-loan handling.
Learn moreITIN Loans
Financing for borrowers without an SSN using an ITIN.
Learn moreTip Worker Loans
Income-qualification using documented tip income.
Learn moreNon-QM & investor
Bank Statement Loans
12- or 24-month bank statements in lieu of tax returns.
Learn moreP&L Loans
CPA- or borrower-prepared P&L for self-employed income.
Learn more1099 Loans
Qualify on 1099 income instead of W-2 or returns.
Learn moreAsset Depletion
Qualify using verified assets converted to monthly income.
Learn moreDSCR (Investor)
Qualify the property — no personal income docs required.
Learn moreFix-and-Flip
Short-term acquisition + rehab financing for flippers.
Learn moreBridge / Hard Money
Short-term financing to bridge purchase and permanent loan.
Learn morePortfolio / Blanket
Single loan across multiple investment properties.
Learn moreShort-Term Rental
Financing structured around STR / Airbnb income.
Learn moreForeign National
TX financing for non-US-citizen / non-resident borrowers.
Learn moreExpanded Program
Catch-all Non-QM for scenarios outside standard guidelines.
Learn moreProsper mortgage FAQs
What is the conforming loan limit in Prosper, TX?
Do I need a jumbo loan to buy a home in Prosper?
Can I use an FHA loan to buy in Prosper, TX?
Are VA loans available for homes in Prosper?
Does Q Mortgage work with buyers in Prosper ISD neighborhoods?
Can I refinance my home in Prosper, TX through Q Mortgage?
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