Texas homebuyer education
Understand Texas mortgages before you talk to a lender
MortgageLoanTX is an independent learning resource for Texas homebuyers. It explains loan types, closing costs, property taxes and first-time-buyer programs, and offers calculators to help you plan. We are not a lender and do not quote rates.
Informational only. MortgageLoanTX is not a lender, mortgage broker or loan originator, is not NMLS-licensed, and does not take loan applications or offer rates.
What you will find here
Loan types
Conventional, FHA, VA and other loan types compared in plain English.
Closing costs in Texas
What typically appears on a Texas Closing Disclosure and who usually pays it.
Property taxes
Why property taxes matter so much in Texas and how homestead exemptions work.
First-time buyers
Down-payment assistance and first-time-buyer programs to research.
Calculators
Affordability, payment and refinance calculators for planning.
Market reading
Background articles on Texas housing-market trends.
Checks every Texas borrower can make
- Look up any mortgage company or loan officer on NMLS Consumer Access (nmlsconsumeraccess.org) before sharing personal information.
- In Texas, residential mortgage loan originators are licensed or registered through state regulators such as the Department of Savings and Mortgage Lending.
- Lenders must give you a Loan Estimate within three business days of a complete application, and a Closing Disclosure at least three business days before closing.
- Compare offers on APR and total closing costs, not just the interest rate.
- Apply for your residence homestead exemption with your county appraisal district to reduce your property-tax bill.
Start with these articles
- The Complete First-Time Homebuyer Guide for Texas: Everything You Need to Know
- Texas Closing Costs: Complete Breakdown
- How Texas Property Taxes Affect Your Mortgage: What Every Buyer Must Know
- Mortgage Types Explained: Complete Comparison
- FHA Loans vs Conventional Loans: A Complete Comparison
- Understanding Mortgage Points and How They Affect Your Rate
- Understanding Mortgage Pre-Approval in Texas: A Step-by-Step Guide
- Fixed vs Adjustable Rate Mortgages: Which Is Right for You?
About this site
MortgageLoanTX is an independent, informational website for people buying or refinancing a home in Texas. It explains mortgage types, closing costs, property taxes and homebuyer programs, and offers simple calculators for planning.
Informational only. MortgageLoanTX is not a lender, mortgage broker or loan originator, is not NMLS-licensed, and does not take loan applications or offer rates. Read the full disclaimer.