TLC Lending Team
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Author: Kaitlyn Short
TLC Lending is a relatively new mortgage broker based out of San Antonio, TX and is powered by New Capital Finance. The company was founded by Tyler Carlston and he is currently the only member of the TLC Lending Team. Carlston is backed by a larger mortgage company, allowing him to find some of the best rates for clients.
The TLC Lending Team is licensed to work in Texas, Colorado, and Florida but a vast majority of the TLC Lending Team customer base comes from San Antonio. Both first time home buyers and experienced home buyers can utilize the TLC Lending Team services.
TLC Lending Team works diligently to make sure the home buying transaction is smooth and that there are no surprises for the buyers along the way. TLC Lending Team clients can find out exactly what they pre-approve for in a matter of minutes and can get a more detailed breakdown after their first meeting with Carlston.
Top Ranked Companies
The Good
- First-Time Buyers Education
- Commercial Lending in 50 States
- New Capital Finance Partnership
- Free Mortgage Consultation
First-Time Buyers Education
The TLC Lending Team is best suited for first-time homebuyers and lenders. The TLC Lending Team focuses on the education aspect, ensuring that each client understands exactly what to expect and how the process works. Because of this, first-time clients have found the TLC Lending Team to be beneficial.
Commercial Lending in 50 States
While the TLC Lending Team is limited in which states it can service on the home-buying side, that is not the case for commercial clients. The TLC Lending Team offers commercial lending in all 50 states. Whether commercial property owners are looking to purchase or refinance, the TLC Lending Team can help. This is a unique aspect of the TLC Lending Team as home equity agencies do not typically work with commercial clients.
New Capital Finance Partnership
The TLC Lending Team is backed by New Capital Finance, an agency out of Colorado. There are a number of benefits that this New Capital Finance Partnership provides to TLC Lending Team clients, including the following:
- Works as an independent mortgage broker
- Can shop over 30 lenders to provide the best rates possible
- No extra fees that would be expected to be included by larger operations
- Constant communication throughout the entire process
- Pre-approval letters that assist in winning offers
This partnership allows the TLC Lending Team to shop around for the best rates and not have to draw from the same backed sources. This is not the case for most companies within the industry.
Free Mortgage Consultation
Clients still on the fence about TLC Lending Team can rest assured knowing they have a 30-minute consultation directly with Tyler Carlston to answer any questions and address any lingering concerns. This service is free and clients do not have to make any sort of commitment to move forward with TLC Lending Team in order to utilize the consultation option. Some companies will charge for these services, but with the TLC Lending Team it is a complimentary service.
The Bad
- Limited Residential Service Area
- Experience
Limited Residential Service Area
Currently, TLC Lending Team is only licensed to operate in Texas, Colorado, and Florida for home-buying projects. There are many home equity providers that can service all 50 states, enabling those companies to service more people.
Experience
The TLC Lending Team, owned and operated entirely by Tyler Carlston, has only been in business since 2021. Carlston himself has only worked within the industry since 2020, making him new to the space. While inexperience does not necessarily mean Carlston is not up to the task, it does mean there are likely tricks to the trade he has not mastered yet. Many other home equity and mortgage companies have been doing this line of work for decades, so only having a couple of years of experience is something prospective clients should be aware of.
The Bottom Line
The TLC Lending team is a mortgage and home equity loan broker that is best suited for first-time home buyers. The TLC Lending Team can also help with commercial projects, offering commercial lending in 50 states. TLC Lending Team, led and run by Tyler Carlston, is backed by New Capital Finance. Prospective clients can obtain more information through the free mortgage consultation process.
Prior to enlisting the services of TLC Lending Team, clients should be aware of some limitations. First, TLC Lending Team is only licensed in Texas, Florida, and Colorado. Outside of these states, prospective clients will need to go elsewhere for home equity and mortgage loans. It is also important to note that the TLC Lending Team is relatively new to the industry and has limited experience.
Considering the inexperience and limited number of clients the TLC Lending Team is capable of taking on, prospective clients should conduct further research prior to making a decision when it comes to utilizing this home equity loan agency.
