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Published May 27, 2026

National Home Loans Lenders Licensed in Texas

The lenders below are licensed nationally and operate in Texas. Click any name to visit their site, or search the official NMLS database for the full list of state-licensed providers.

License status changes — always verify on the NMLS Consumer Access portal before applying.

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Home Loans (Mortgages) in Texas: At a Glance

Texas home loans typically range from $50,000 to $2,000,000 with APRs between 6.25% and 8.99%, depending on creditworthiness and loan terms. Most borrowers opt for 15-30 year fixed-rate mortgages, though adjustable-rate mortgages (ARMs) are popular in fast-growing markets like Austin and Dallas where buyers expect rising incomes.

With no state income tax and a median home price of $325,000 (15% below national average), Texans often use mortgages for primary residences, investment properties, or refinancing. Military families frequently utilize VA loans near bases like Fort Hood and Fort Bliss, while USDA loans help rural buyers in areas like the Panhandle or East Texas.

Texas Lending Rules That Affect Your Loan

Mortgage lending in Texas is regulated under the Texas Finance Code, with oversight from the Texas Department of Savings and Mortgage Lending. State law prohibits prepayment penalties on residential loans over $200,000 and requires lenders to provide a full disclosure of fees within three business days of application.

Texas usury laws cap interest rates at 10% for most loans unless the lender is state-licensed or federally chartered. For FHA and VA loans, federal regulations supersede state limits. All mortgage brokers must be licensed through NMLS and comply with Texas’s strict anti-predatory lending laws.

How to Qualify in Texas

• Credit score: Minimum 580 for FHA loans; 620 for conventional loans (higher in competitive markets like Plano or The Woodlands)
• Income proof: W-2s, tax returns, or bank statements (self-employed borrowers in Houston energy sector often use 1099s)
• Residency: No state requirement, but lenders may verify Texas employment history
• Debt-to-income ratio: Typically below 43%, though some San Antonio lenders allow up to 50% for VA loans

Note: Texas has higher property tax rates (average 1.8%) than most states, which lenders factor into your debt ratio.

Best Use Cases for Home Loans (Mortgages) in Texas

• First-time buyers in El Paso: FHA loans with 3.5% down help overcome the city’s lower median incomes ($54,000)
• Oil & gas workers in Midland: Jumbo loans up to $2M for high-earners needing flexible underwriting
• Retirees in Fredericksburg: Reverse mortgages to tap Hill Country home equity
• Investors in Fort Worth: Conventional loans for duplexes near TCU, where rental demand is strong

What You’ll Pay in Texas

For a $300,000 30-year fixed mortgage in Houston:

• Excellent credit (740+): 6.25% APR = $1,847/month
• Good credit (680-739): 7.12% APR = $2,020/month
• Fair credit (620-679): 8.35% APR = $2,275/month

Add 1.8-2.5% of home value annually for Texas property taxes—about $500-$625/month on a $300,000 home.

Frequently Asked Questions

Can I get a Texas home loan after bankruptcy?

Yes—FHA loans allow applications 2 years post-Chapter 7 discharge. Some Austin lenders offer conventional loans after 4 years.

What’s the maximum APR for a mortgage in Texas?

Texas doesn’t set mortgage APR caps, but federal rules limit most loans to ~8.99%. Hard money loans may exceed 10% with proper licensing.

Do Texas mortgage rates differ by city?

Slightly—Lubbock lenders may offer 0.25% lower rates than Dallas due to lower default risks in stable agricultural markets.

How long does mortgage approval take in Texas?

Typically 30-45 days, but can extend to 60 days in high-volume periods (especially during Houston’s summer buying season).

Are Texas property taxes included in mortgages?

Yes—most lenders require escrow accounts for Texas property taxes, adding 1/12th of the annual bill to each payment.

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