abailey@houseloan.com
936-333-0867
Allen Bailey
Buying a home or exploring a refinance? Connect with Allen to talk through your goals, ask questions, and explore your next steps.
Meet your loan officer
About Allen
Allen has been around mortgage lending for most of his life—his mother devoted nearly 50 years to the industry and retired from Cornerstone. Inspired by her legacy and his personal passion to serve, Allen has built a 20-year career focused on manufactured housing financing. When the opportunity came to join Cornerstone, he didn’t hesitate—because the company has always felt like family.
Now building Cornerstone’s manufactured housing division from the ground up, he brings a deep understanding of one-time close loans and factory-built home financing. He’s dedicated to making the process as seamless as possible from start to finish. Allen never shies away from rolling up his sleeves and finding solutions to help more families achieve their homeownership dreams.
Allen lives in League City, Texas, with his wife and their very spoiled Bichon/Shih Tzu mix, Charlie Bailey. On the weekends, you’ll find the Baileys on the golf course. Hardworking, honest, and always a phone call away—Allen’s approach is simple: treat clients like family, because everyone deserves a place to call home.
What clients say about Allen
Helped the whole way !
Cornerstone's team went above and beyond with helping us through all the questions my husband and I had. They were extremely responsive and helpful throughout the whole process. I highly recommend this team. Even the title company was really impressed with how friendly and helpful the team was.
Excellent service and help all
Allen, Summer, Mike.and the team were awesome! They made the lending experience pleasant. I would recommend them to any who is needs a home loan.
Let’s connect
Contact Allen
Share a little about your plans and how to reach you.
Office locations
Bastrop, TX 78602
Mortgage insights
Helpful guidance for buying a home, financing your next move, and understanding your mortgage options.
Homebuying FAQs
Purchasing a home enables you to receive tax benefits while building equity that you can cash out in the future. Owning a home also gives you the opportunity to truly personalize your space.
Yes! Prequalifying first can help you save time and effort before you get too far into the process. You will know upfront how much home you can realistically afford. It also lets real estate agents and sellers know that you’re a serious buyer, which can be an advantage when making an offer.
Your lender will consider a number of factors when determining your maximum loan amount. Some of these include your debt-to-income ratio (how much of your monthly gross income goes toward paying debts), cash available for down payment and closing costs, and credit history.
Your loan officer will work with you to determine which loan product benefits you. They will review your current finances and future financial goals. Your loan officer will also consider factors like your target monthly mortgage payment and how long you plan to live in the home.
A fixed-rate mortgage has an interest rate and payment that stay the same over the life of the loan. With an adjustable-rate mortgage, the rate can either increase or decrease, based on market factors. The monthly payment can also go up or down based on the rate adjustment.
A conventional mortgage is a home loan that is not offered or secured by a government entity (like FHA or VA). Conventional mortgages typically conform to the loan limits set by the Federal Housing Finance Administration (FHFA) and are eligible for purchase by Fannie Mae and Freddie Mac (the two government-sponsored enterprises that guarantee the majority of mortgages in the U.S.).
Unlike government loans like FHA, VA, and USDA, conventional loans can be used for more property types (primary residences, second homes, and investment properties). In addition to the popular 30-year fixed conventional loan, there are also more choices for loan structure, including 15-year or 20-year terms and adjustable-rate mortgages.
Ready to find the loan that fits your life?
It starts with a conversation, not a commitment. Connect with Allen today.
