Your Grand Prairie Mortgage Lender for New Home Loans and Refinancing
Lone Star Financing is a trusted local Grand Prairie mortgage lender, helping homebuyers secure the right financing with confidence. We offer competitive mortgage rates, flexible loan programs, and personalized guidance tailored to today’s Grand Prairie market—whether you’re buying your first home or upgrading to your next one.
As a mortgage broker, we partner with 20+ wholesale lenders to deliver lower rates and faster closings. As an approved VA and FHA lender, our team provides expert advice and customized loan solutions—guiding you smoothly from application through closing and beyond.
- Mortgage Broker
- Wholesale Pricing Accesss
- In-House Underwriting
- Close in as Few as 21 Days
- Texas Customer Service
Our Home Loan Products
Buying a new home in Grand Prairie? We specialize in new home purchases and offer a variety of financing options:
- Primary and secondary
- FHA, USDA, and VA
- Conventional Loans
- Lower Rates
Conventional home loans in Grand Prairie provide lower interest rates and reduced mortgage insurance costs.
- 30, 20 and 15-Year terms
- Loans up to $832,750
- Primary or secondary
- Up to 95% Financing
FHA loans are a popular option for first-time buyers due to their lower down payment requirements.
- Only 3.5% Down
- Easier Credit Qualifying
- 203k Renovation Loans
- 1st Time Home Buyers
VA lender in Grand Prairie- dedicated to providing low rates to help our Texas Vets maximize their VA benefits.
- 100% Financing
- No Monthly PMI
- No DTI Restrictions
- VA Jumbo Loan Options
Refinance your Grand Prairie home today to secure a lower rate, better terms, and maximize your savings.
- Lower Monthly Payment
- Shorten Mortgage Term
- FHA Streamline
- VA IRRRL’s
Jumbo home loans in Grand Prairie up to $3,000,000 – financed via private investor programs – flexible guidelines:
- Loans up to $3,000,000
- Primary & Secondary
- Investor Specific Guidelines
- Credit Score Minimums
Texas Home Loans, Done Right!
Lone Star Financing is your trusted Grand Prairie mortgage expert, providing personalized home loan guidance backed by deep knowledge of the local market. We work one-on-one with you to identify the right financing based on your goals, budget, and timeline.
From first-time buyers to seasoned homeowners, our insight into Grand Prairie neighborhoods, pricing trends, and local lending details helps you make confident, well-informed decisions throughout the entire home loan process.
Close on Time
Our goal is to close every loan in 21 days or less, delivering fast approvals and on-time funding through our mortgage broker network.
Low Rates & Fees
Grand Prairie Lender with Low Mortgage Rates. FHA, VA, and USDA Approved Lender.
Service
We are Local to Texas and provide top-notch customer support. We will be with you at every step from application to closing. Read what our customers are saying!
Your Trusted Mortgage Company in Grand Prairie, TX
Welcome to Lone Star Financing, your trusted Grand Prairie, TX mortgage lender. We offer competitive rates and fast closings through a streamlined, technology-driven lending experience. Our digital process lets you apply online, securely upload documents, and track your loan every step of the way—making financing simple and stress-free.
Whether you’re buying a new home or refinancing, our experienced team delivers clear guidance and efficient closings. We’re proud to be an FHA- and VA-approved lender serving Grand Prairie homebuyers and homeowners.

Allen Lundberg
Sr. Loan Officer
NMLS #277507

Chris Lederer
Production Manager
NMLS #2004549

Jen Papaelias
Sr. Loan Officer
NMLS #2692859

Ryan Wood
Sr. Loan Officer
NMLS #1757471

Brett Dempsey
Branch Manager
NMLS #2014728
GOOD Based on 58 reviews Posted on Gyzenia TuckerTrustindex verifies that the original source of the review is Google. I worked with Jen Papaelias at Lone Star Financing and I cannot rave enough about her. She went above and beyond to make sure that I was able to purchase my dream home. The few minor bumps we had, she was able to help us work to get them fixed. Lone Star Financing will be the first suggestion I give everyone when looking to purchase a home!Posted on ADRIANA CASTROTrustindex verifies that the original source of the review is Google. Extremely knowledgeable, efficient and best customer care .Posted on Brodrick ColbertTrustindex verifies that the original source of the review is Google. I've had the pleasure of working with Brett Dempsey and his team over the years and he provides a first class service with the customer always in mind.Posted on Daniel RamirezTrustindex verifies that the original source of the review is Google. Jen made our first home mortgage process easy and stress-free! She was extremely responsive, explained everything clearly, and helped us secure a great rate. Jen answered all our questions promptly and made sure we understood every detail before closing. Her professionalism and expertise were invaluable for first-time buyers. Highly recommend Chien for anyone looking for a reliable and knowledgeable loan officer!Posted on Sharon DarbyTrustindex verifies that the original source of the review is Google. Outstanding experience with LoneStar Mortgage, thanks entirely to Brett. He did a phenomenal job from start to finish. His knowledge, creativity, and experience made all the difference, especially when challenges arose. He handled everything with confidence, professionalism, and genuine care. Him and his Team were absolute pleasures to work with and truly went above and beyond. We could not have completed this process without them. Highly recommend Brett D to anyone looking for an exceptional mortgage opportunities.Posted on Bettis MorelockTrustindex verifies that the original source of the review is Google. Brett is so helpful! Quality service! Can't recommend enoughPosted on Dan AndrewsTrustindex verifies that the original source of the review is Google. I don't typically write reviews but I wanted to acknowledge the excellent service from this company, in particular Chien was knowledgeable, responsive, and a pleasure to work with!Posted on LukeTrustindex verifies that the original source of the review is Google. I highly recommend Chien at Lone Star Financing. Chien is very knowledgeable, patient and efficient. She was always available when we needed to contact her, and secured us a great rate.Posted on Chuen Leik LowTrustindex verifies that the original source of the review is Google. amazing service from Lone Star Financing! Chien was knowledgeable, responsive, and made the mortgage process effortless. always knew what was happening and felt in great hands. Highly recommend!!!
Grand Prairie Real Estate
Real Estate Snapshot: There are currently 412 homes for sale in Grand Prairie, TX. As of January 2026, the average price of newly sold homes in Grand Prairie was $343,600. The market currently includes 443 active new and resale listings, with 14 open houses, along with 234 properties in various stages of foreclosure or bank-owned status.
Grand Prairie homebuyers have many mortgage options, and choosing the right lender matters. At Lone Star Financing, we stand apart with exceptional service, competitive rates, minimal fees, and fast closings. It’s why we’re quickly becoming a top mortgage lender in Grand Prairie, TX. Contact us today to see why more buyers are choosing Lone Star Financing.