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Are you a Texas first time home buyer? Are you wondering about the current mortgage rates Texas? Are you a repeat home buyer looking at competitive mortgage interest rates in Texas? You are at the right place. The Total Mortgage team will walk you through the maze of financing options in Texas, ensuring you get the best fit for your needs. Whether looking at down payment assistance programs in Texas or a first-time home buyer with no down payment Texas program, you will find the best deals here. Contact us now to learn more about mortgage rates in Texas and how they might help you move into your dream home!

What our Texas clients say

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(Translated by Google) We have a long history together, I've been her client for over 10 years. I'm so grateful to God for her life and her work. Thank you so much for always helping me 24/7, you're a wonderful person. Thank you so much! (Original) Longa historia juntos sou cliente dela a mais 10 anos so gratidao a Deus pela vida dela e pelo trabalho muito obrigado por me ajudar sempre 24/7 pessoa maravilhosa muito obrigado muito obrigado

Alexandre A.

google

Kevin and his mortgage team are one of the best in the business—reliable, responsive, knowledgeable, efficient, and professional throughout the entire process. All of our clients love working with him. Highly recommend!

Bill S.

google

I can't recommend Debora Valdes highly enough for your mortgage needs. Her expertise and professionalism are truly outstanding. From our very first meeting, she demonstrated an in-depth understanding of the mortgage process and tailored her approach to fit my unique situation. Debora's commitment to timely service was impressive. She worked diligently to ensure that my mortgage was processed quickly, without sacrificing quality. I always felt informed and supported, thanks to her clear communication and prompt responses to my inquiries. If you're seeking a knowledgeable and dedicated mortgage professional, Debora is the one to choose. She goes above and beyond to make the experience as smooth as possible. Trust me, you’ll be in great hands!

Geraldo S.

google

If you're looking for a mortgage expert, look no further than Debora Valdes. From start to finish, Debora exemplifies professionalism and efficiency. Her extensive knowledge of the mortgage industry not only made the process seamless but also gave me confidence that I was making the right decisions. Debora's responsiveness and attention to detail are truly remarkable. She took the time to answer all my questions, ensuring I understood each step along the way. Her ability to secure my mortgage in a timely manner was impressive, and she kept me informed throughout the entire process. In a world where customer service can often fall short, Debora stands out as an exceptional professional. I wholeheartedly recommend her to anyone in need of mortgage assistance. You won't be disappointed!

Roger C.

google

(Translated by Google) I want to express my sincerest gratitude to Débora Valdez, who provided us with truly extraordinary service throughout our entire process with the bank when buying our first home. From the very first moment, she was incredibly professional, kind, patient, and dedicated. She was always attentive to our needs, answered our questions with great clarity, and guided us every step of the way, making what could have been a complicated process feel much easier and more stress-free. It's clear when someone truly loves what they do and cares about their clients. Débora did much more than simply help us with paperwork; she made us feel supported, heard, and in good hands. We are deeply grateful for all her hard work, dedication, and excellent service. Without a doubt, we recommend Débora 100%. Thank you so much for everything! ❤️👏 (Original) Quiero expresar mi más sincero agradecimiento a Débora, Valdez, quien nos brindó una atención verdaderamente extraordinaria durante todo nuestro proceso con el banco en la compra de nuestra primera casa. Desde el primer momento fue muy profesional, amable, paciente y comprometida. Siempre estuvo pendiente de nosotros, respondió nuestras preguntas con mucha claridad y nos acompañó en cada paso, haciendo que un proceso que podía ser complicado se sintiera mucho más fácil y tranquilo. Se nota cuando una persona realmente ama lo que hace y se preocupa por sus clientes. Débora hizo mucho más que simplemente ayudarnos con un trámite; nos hizo sentir apoyados, escuchados y en buenas manos. Estamos profundamente agradecidos por todo su trabajo, dedicación y excelente servicio. Sin duda alguna, recomendamos a Débora al 100%. ¡Muchas gracias por todo! ❤️👏

Monica S.

google

Denise provided top-level services. Her attention to detail was amazing! Everything was handled in a transparent and ethical manner. I would highly recommend Denise and Total Mortgage for your mortgage needs. GREAT EXPERIENCE!!

Dennis S.

google

Marco made himself available to help us identify the right product for our home purchase. He was responsive, helpful and very easy to work with. I would recommend.

Rsw

zillow

I cannot say enough good things about ​Denise at Total Mortgage. A buyer on one of my listings was denied by their original lender at the last minute, right before we were scheduled to close, due to additional fees that had been added to the loan unexpectedly​ and not communicated properly. It was an incredibly stressful situation, but ​D​enise stepped in, took the time to understand the buyer’s situation, and worked quickly to reapply and get the loan back on track. ​D​enise's communication, responsiveness, and willingness to find a solution made all the difference. ​S​he worked diligently under a very tight timeline and helped turn what could have been a failed transaction into a successful closing. I truly appreciate ​her professionalism, dedication, and commitment to​ her clients. ​S​he is the kind of lender you want in your corner when things get complicated. I would highly recommend ​her to any buyer or real estate professional looking for a knowledgeable, responsive, and solution-oriented mortgage lender.

Amber T.

google

Denise is incredibly knowledgeable and provides excellent customer service. Her team has been amazing to work with. Highly recommend!

Angela D.

google

Before we found Denise my family did not know if we would be able to find a home but she was an absolute god send. Highly recommend her to anyone looking for a home.

Birdie P.

google

Frequently asked questions about Texas mortgages

What is considered a good mortgage interest rate?

When exploring mortgage rates, it's essential to evaluate not only the interest rate but also consider additional loan terms such as annual percentage rates (APRs), fees, and closing costs. A comprehensive comparison of loan specifics from multiple lenders is crucial in identifying the most advantageous deal tailored to your circumstances.

Should I lock my mortgage rate?

Mortgage rates are subject to frequent and unpredictable changes. Contemplating locking your mortgage rate may be prudent under the following conditions:

  • Rising rates: If there's a sustained upward trend in rates over several weeks or months, securing your rate ensures it won't exceed the initially qualified rate.
  • Federal Reserve meeting: Anticipating a potential rate increase during a Federal Reserve meeting, consider locking your rate before the meeting for financial security.
  • Desire for financial certainty: Locking your rate guarantees a stable monthly mortgage payment, shielding you from unexpected changes.
  • Set closing date: If your closing date is fixed with no expected delays, securing your rate is a strategic decision.

How long does a mortgage rate lock last?

The specific lock-in period may vary, but generally, you can secure a mortgage rate for 30 to 60 days. Once the rate lock expires, unless the lender agrees to an extension, the initially locked rate is no longer guaranteed. Changes in factors like credit score, loan amount, debt-to-income ratio, or appraisal value during the lock-in period could potentially void the initial rate lock.

Is it possible for me to negotiate my mortgage rates?

Depending on your credit qualifications and willingness to obtain quotes from multiple lenders, negotiating a lower mortgage rate may be feasible. Another option is purchasing mortgage points, where paying a percentage of the interest upfront can reduce the interest rate and monthly payments. A mortgage point is equivalent to approximately 1% of the total loan amount, translating to around $2,500 on a $250,000 loan.

How are interest rates determined?

Lenders establish interest rates for their loan products, influenced by factors such as the Federal Reserve's actions, economic conditions, and consumer demand. Changes in short-term rates by the Federal Reserve can prompt lenders to adjust mortgage rates. Individual considerations, including credit score, down payment, income, as well as the varying levels of risk and operational expenses for lenders, can also impact mortgage rates.

How frequently do mortgage rates change?

Mortgage rates can vary daily, influenced by factors like inflation, the bond market, and the overall housing market.

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