Mortgage Resources
Tools, guides, and information to help you make informed mortgage decisions
Today's Mortgage Rates
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Conventional
FHA
VA
USDA
Jumbo
📊 Source: St. Louis Federal Reserve
Mortgage Calculator
Estimate your monthly mortgage payments and see the amortization schedule
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Get instant access to our comprehensive mortgage calculator and all our resources
Refinance Calculator
Compare your current mortgage with refinancing options to see potential savings
Access the Refinance Calculator
Get instant access to our refinance calculator to analyze potential savings
Home Affordability Calculator
Calculate how much home you can afford based on your income, debts, and financial situation
Access the Home Affordability Calculator
Get instant access to determine how much home you can afford with your current financial situation
Debt Consolidation Calculator
Compare your current debt payments with consolidation options to see potential savings
Access the Debt Consolidation Calculator
Analyze how consolidating your debt could save you money and time
Loan Estimate Optimizer (LEO)
Already have a Loan Estimate from another lender? Let us analyze it and provide you with a competitive comparison.
What is LEO?
Our Loan Estimate Optimizer is a free service that reviews your existing Loan Estimate document and provides you with a detailed comparison, potentially better terms, and personalized recommendations.
Secure & Private
Your sensitive financial documents are protected with bank-level security including end-to-end encryption, secure file validation, and audit logging.
First-Time Homebuyer Resources
Everything you need to know to navigate your first home purchase
Mortgage Pre-Approval Guide
Learn why getting pre-approved is the crucial first step in your home buying journey, what documents you'll need, and how the process works.
Down Payment Assistance Programs
Discover Texas-specific down payment assistance programs that can help make homeownership more affordable for first-time buyers.
Home Buying Process Checklist
A step-by-step timeline of the home buying process from pre-approval to closing, helping you stay organized throughout your journey.
Understanding Closing Costs
A breakdown of typical closing costs in Texas, including lender fees, title insurance, appraisals, and how to prepare for these expenses.
Mortgage Loan Types
Compare different mortgage options to find the best fit for your situation
Home Purchase Loans
- Conventional & government-backed options
- Flexible terms and options
- Fixed and adjustable rate options
- Loan products for various needs
FHA Loans
- Backed by Federal Housing Administration
- Lower credit score requirements
- Down payments as low as 3.5%
- Requires mortgage insurance
VA Loans
- For eligible veterans and service members
- No down payment required
- No private mortgage insurance
- Competitive interest rates
Refinance Loans
- Lower your interest rate
- Change loan terms or type
- Tap into home equity
- Eliminate mortgage insurance
USDA Loans
- For rural and suburban homebuyers
- No down payment required
- Competitive interest rates
- Income limits apply
Homebuyer Education Courses
Free and low-cost online courses to help you become a confident homebuyer
Homeview
FREEFannie Mae
A free online course accessible from a desktop, tablet or mobile and is made up of seven modules. It takes about 3-4 hours to complete, and borrowers can pause and resume at any time.
CreditSmart Homebuyer U
FREEFreddie Mac
A free, interactive course made up of six modules that borrowers can complete at their own pace from a desktop, tablet or mobile.
Finally Home!
$0-$70Finally Home!
A self-paced, mobile friendly, online homebuyer education course made up of seven chapters that guides your borrowers through the homebuying process from start to finish. Pricing is based on the borrower's income and determined during course registration.
Framework
$75Framework
The Framework online homebuyer course is mobile friendly and easy to use. Information is organized into bite-sized topics, and most borrowers can finish in a few hours.
Mortgage FAQ
Answers to common questions about mortgages and the home financing process
What factors affect my mortgage interest rate?
Multiple factors influence your mortgage rate, including your credit score, down payment amount, loan term, loan type, loan amount, and current market conditions. Generally, a higher credit score, larger down payment, and shorter loan term can help secure a lower interest rate.
How much of a down payment do I need?
Down payment requirements vary by loan type. Conventional loans typically require 3-20%, FHA loans require at least 3.5%, while VA loans may not require any down payment for qualified veterans. A larger down payment can reduce your monthly payments and potentially eliminate the need for mortgage insurance.
What's the difference between pre-qualification and pre-approval?
Pre-qualification is an informal estimate of what you might be able to borrow based on self-reported information. Pre-approval is a more formal process where the lender verifies your income, assets, and credit history, resulting in a conditional commitment to lend a specific amount. Pre-approval carries more weight when making an offer on a home.
What are closing costs and how much should I expect to pay?
Closing costs are fees associated with finalizing your mortgage and typically range from 2-5% of the loan amount. These may include lender fees, title insurance, appraisal fees, attorneys' fees, and prepaid items such as property taxes and homeowners insurance. We provide a detailed estimate of closing costs during the loan application process.
Should I choose a fixed-rate or adjustable-rate mortgage?
Fixed-rate mortgages maintain the same interest rate for the entire loan term, providing payment stability. Adjustable-rate mortgages (ARMs) typically start with a lower rate that can change periodically. Fixed-rate loans are generally better if you plan to stay in your home long-term or want predictable payments. ARMs might be advantageous if you expect to sell or refinance before the rate adjusts.
Texas Mortgage Market Resources
Helpful resources to understand the Texas mortgage and housing market
Texas Housing Market Guide
An overview of housing trends across major Texas metros, including insights on inventory levels and home values.
Understanding Mortgage Rates
Learn how mortgage interest rates are determined and what factors influence rate changes in the Texas market.
Texas Affordability Insights
A comprehensive guide to home affordability in different Texas regions with tips for finding value in today's market.
Ready to Take the Next Step?
Our team of mortgage experts is ready to answer your questions and guide you through the home financing process.