Texas Mortgage Rates

NetRate Mortgage is a mortgage broker licensed to originate loans in Texas. We work with wholesale lenders to get you access to rates and pricing that aren't available through retail banks or direct lenders.

Pricing can vary by state — not every wholesale lender operates in every state, and some lenders price differently depending on the market. What doesn't change is our approach: we shop multiple wholesale lenders on your behalf and show you the options side by side. How mortgage pricing works →

A few things that vary in Texas specifically:

• Closing costs — title insurance rates, recording fees, and transfer taxes vary by county and state
• Loan limits — conforming loan limits differ by county, which affects whether your loan is conforming, high-balance, or jumbo
• Third-party fees — escrow, title, and settlement costs differ by state

Texas-Specific Rules Worth Knowing

Texas has a few mortgage rules that don't exist in other states:

• Attorney state — Texas requires that mortgage closing documents be prepared or reviewed by a Texas-licensed attorney. This is a closing cost you'll see in Section B that may be higher than in non-attorney states.
• Homestead protections — Texas has some of the strongest homestead protections in the country. There's no monetary cap on the homestead exemption for your primary residence.
• Home equity 80% LTV cap — If you're doing a home equity loan or HELOC in Texas, you can't borrow more than 80% of your home's value. This is a Texas constitutional requirement.
• Community property — Texas is a community property state, which means both spouses typically need to sign mortgage documents, even if only one is on the loan.

These rules affect how loans are structured in Texas but don't change the rate itself.

What We Offer in Texas

• Refinance — Rate-and-term, cash-out, no-cost options. The Refinance Playbook →
• Home Purchase — Conventional, FHA, VA
• Reverse Mortgage — HECM and proprietary products. Reverse Mortgage Guide →
• DSCR Loans — Investment property loans qualified on rental income, not personal income
• Bank Statement Loans — For self-employed borrowers who can't document income through tax returns
• Second Mortgages — HELOCs and closed-end seconds

How It Works

Same as anywhere else:

1. See the rates — Check today's Texas rates. No application, no credit pull.
2. Compare your options — Every rate, every point/credit combination, side by side.
3. Apply when you're ready — We handle everything from application to closing.

We're a mortgage broker — not a bank, not a call center. Why that matters →

Texas Licensing

• David Burson — NMLS #641790
• NetRate Mortgage LLC — NMLS #1111861
• Regulated by the Texas Department of Savings and Mortgage Lending
• Verify on NMLS Consumer Access →