Find Mortgage Brokers in Haltom City, TX
Browse mortgage brokers serving Haltom City, Texas. Contact information and addresses listed below.
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 4 mortgage brokers in Haltom City, 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.
Mortgage brokers in Haltom City Texas help home buyers and refinancing homeowners connect with lenders. They can assist with conventional FHA VA and USDA loans. Texas law requires all mortgage brokers to hold a license from the Texas Department of Savings and Mortgage Lending and follow state specific regulations like the Texas Home Equity Amendment which limits cash out refinancing to 80 percent of the home value.
What Does a Mortgage Broker in Haltom City Cost?
Mortgage brokers in Texas typically charge a fee of 1 to 2 percent of the loan amount. For a 250000 dollar loan this would be 2500 to 5000 dollars. Some brokers are paid by the lender through yield spread premiums which can reduce your upfront costs. Costs vary by loan type lender and your credit profile. This is general information 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 does a mortgage broker in Haltom City do?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial information shop for loan options and help you choose the best fit for your needs. They handle paperwork and guide you through the approval process.
Do I need a mortgage broker to get a home loan in Texas?
No you do not need a broker you can apply directly with a bank or credit union. However a broker can save you time by comparing offers from several lenders at once. This can be helpful if you have unique financial circumstances.
What Texas laws apply to mortgage brokers in Haltom City?
Texas law requires mortgage brokers to be licensed and follow the Texas Finance Code. The Texas Home Equity Amendment limits cash out refinancing to 80 percent loan to value. Also Texas has a 12 day right of rescission for home equity loans.