Why Choose Raider Mortgage in Austin
We combine local Austin market expertise with access to a wide network of lenders to deliver the best mortgage experience.
Local Market Knowledge
We understand the Austin real estate market, from downtown condos to suburban homes in Round Rock and Cedar Park.
Personalized Service
Every Austin homebuyer gets a dedicated mortgage advisor who tailors solutions to their unique financial goals.
Competitive Rates
We shop multiple lenders to secure the most competitive mortgage rates available for Austin borrowers.
Fast Closings
Our streamlined process and lender relationships help Austin buyers close on time, every time.
Austin Housing Market Overview
The Austin metropolitan area is one of the fastest-growing regions in the United States, fueled by a booming technology sector known as Silicon Hills. Major employers like Dell, Apple, Tesla, Samsung, and Oracle have established significant operations in the area, alongside state government, the University of Texas, and a thriving healthcare and entertainment industry. With a median home price around $450,000, Austin offers a diverse range of housing from urban condos to Hill Country estates.
Popular neighborhoods and suburbs for homebuyers include Round Rock and Cedar Park to the north, offering excellent schools and family-friendly communities. Georgetown and Leander continue to see strong growth with new construction and planned developments, while Bee Cave, Lakeway, and Dripping Springs attract buyers seeking Hill Country living.
Whether you're a first-time homebuyer looking at starter homes in Pflugerville or Kyle, or upgrading to a larger property in the Greater Austin suburbs, Raider Mortgage Co. can help you find the right mortgage to fit your budget and goals.
Our Mortgage Services in Austin
We offer a full range of mortgage products to serve Austin homebuyers and homeowners.
Conventional Loans
Traditional mortgage financing with competitive rates and flexible terms for qualified borrowers.
VA Loans
Zero down payment options for veterans, active-duty military, and eligible surviving spouses.
FHA Loans
Government-backed loans with low down payment requirements, ideal for first-time homebuyers.
USDA Loans
Zero down payment loans for eligible rural and suburban properties in qualifying areas.
Refinance
Lower your rate, reduce your term, or tap into your home's equity with a refinance.
Jumbo Loans
Financing for higher-priced properties that exceed conventional loan limits.
Frequently Asked Questions
What are current mortgage rates in Austin?
Mortgage rates in Austin fluctuate based on market conditions, your credit score, loan type, and down payment. As a mortgage broker, Raider Mortgage Co. shops multiple lenders to find you the most competitive rate available for your specific situation. Contact us for a personalized rate quote.
How much house can I afford in Austin?
With a median home price around $450,000 in the Austin metropolitan area, affordability depends on your income, debts, down payment, and the interest rate you qualify for. Generally, your monthly housing costs should not exceed 28-31% of your gross monthly income. We can help you determine your budget with a free pre-qualification.
What are the best neighborhoods in Austin for first-time buyers?
Popular areas for first-time buyers in the Austin metro include Pflugerville, Kyle, Buda, and parts of Round Rock, which offer a mix of affordability, good schools, and strong community amenities. Emerging neighborhoods in Georgetown and Leander also provide more affordable entry points into the market.
Do you serve all of the Austin metro area?
Yes, Raider Mortgage Co. serves the entire Austin metropolitan area, including Austin, Round Rock, Cedar Park, Georgetown, Pflugerville, Leander, Bee Cave, Lakeway, Kyle, Buda, Dripping Springs, and all surrounding communities. We are licensed to serve homebuyers throughout all of Texas.
How much do I need to earn to buy a house in Austin?
Using the standard 28/36 rule, your monthly housing payment should not exceed about 28% of your gross monthly income. Because Austin is one of the most expensive markets in Texas, borrowers typically need a gross annual income in the range of $110,000 to $160,000 to comfortably purchase a median-priced home, depending on down payment, interest rates, and property taxes. We can run an exact pre-qualification for your situation.
What are property tax rates in Austin?
Texas has no state income tax, but property taxes are relatively high. Property tax rates in the Austin area typically range from about 1.8% to 2.5% of assessed value depending on the county, city, and school district. Lenders include estimated taxes in your monthly escrow payment, so it is important to factor this into your affordability calculation.
What mortgage programs are available in Austin?
Austin homebuyers have access to all major loan programs, including conventional loans, FHA loans, VA loans for veterans and active-duty military, and jumbo loans for higher-priced homes that exceed conforming loan limits. Given Austin home prices, jumbo financing is common for buyers in central Austin and premium suburbs. Raider Mortgage Co. shops multiple lenders to find the best fit.
How long does it take to close on a house in Austin?
Most purchase loans in Austin close in 30 to 45 days from contract to keys, while refinances typically take 21 to 30 days. Closing timelines depend on loan type, appraisal scheduling, and how quickly documentation is provided. Our streamlined process helps Austin buyers close on time.