Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the State Mortgage Licensing Authority of Texas before hiring.
Showing 7 home equity loan specialists in Coppell, TX
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Taylor Alvarado - Mortgage Broker
137 State Hwy 121 #115, Coppell, TX 75019
(214) 518-5110
mortgagetaylor.com
Pioneer Home Lending
8951 Cypress Waters Blvd Suite 160 1102, Coppell, TX 75019
(214) 271-4611
pioneerhomelending.com
What Does a Home Equity Loan Specialist in Coppell Cost?
Typical costs for a home equity loan specialist in Texas include an origination fee of 0.5% to 1.5% of the loan amount, an appraisal fee of $400 to $700, and title insurance which can cost $1,000 to $2,000. Closing costs generally range from 2% to 5% of the loan amount. These fees vary by lender and property value. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is the maximum loan amount for a home equity loan in Texas?
Texas law limits home equity loans to 80% of the fair market value of your home. This means you can borrow up to 80% of what your home is worth minus any existing mortgage balance. A specialist can help you calculate your specific limit.
How long does the home equity loan process take in Coppell Texas?
The process typically takes 30 to 45 days in Texas. State law requires a 12-day waiting period after you submit your application before closing. A specialist can help you manage this timeline and gather all needed paperwork.
What documents do I need for a home equity loan in Texas?
You typically need proof of income, tax returns, bank statements, and a property appraisal. Texas law also requires a homestead affidavit and a signed disclosure of the 12-day right of rescission. A specialist can provide a full checklist for your situation.