Based in Dallas, Texas since 1993, we started operations under the name North Texas Residential Mortgage. We enjoyed great success early on and before long we were serving the entire state of Texas. This growth caused us to drop the word "North" and operate simply as Texas Residential Mortgage.
In 1996, we received HUD approval and started originating FHA loans long before they were widely available. Quickly becoming a market leader in North Texas, our single location office could not accommodate the fast growing number of originators that wanted to join our company and the retail mortgage branch platform was born. We started opening offices all over Texas and saw production quickly rise. In addition to brokering loans, we secured warehouse lines and started funding some of our loans as a mortgage banker.
Having outgrown the office building in Dallas, Texas we occupied at the time and with no more space available, we purchased our own building in 2001, which served as the hub of our operations. We continued to grow and thrive in the industry. In 2003 and 2004 we were recognized by INC Magazine as one of the top fastest growing private companies. It was also during this time when the name Texas Residential Mortgage was changed to Southwest Funding to better accommodate business in other states. We enjoyed the earlier years when the loan approval process was simpler. We learned the value of managing our risk for the benefit of all our mortgage branches.
We invite you to contact us and learn more.
“Southwest Funding is hands down the best mortgage retail branch in the business. I really do not know where I would be if I did not have that extra help from our corporate office on payroll and compliance issues, which allows me to manage my branch and help with originating and placing loans which in turn benefits all!”