Compare Mortgage Lenders in Addison, TX
Looking for a mortgage lender in Addison? Review the directory below to compare your options.
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 16 mortgage lenders in Addison, 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 lenders in Addison Texas help home buyers and homeowners secure loans for purchasing or refinancing property. Texas law has unique rules such as the Texas Constitution Section 50 which limits home equity loan amounts to 80 percent of the home value. Local lenders understand the Addison real estate market and can guide you through the process.
What Does a Mortgage Lender in Addison Cost?
Typical costs for a mortgage lender in Texas include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees from 400 to 700 dollars, and title insurance which can range from 1,500 to 3,000 dollars. Closing costs in Texas often total 2 to 5 percent of the home purchase price. 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 documents do I need to apply for a mortgage in Addison Texas?
You typically need pay stubs, tax returns, bank statements, and a photo ID. Texas lenders may also require proof of homeowners insurance and a property survey.
How long does it take to close a mortgage loan in Texas?
A standard mortgage loan in Texas usually closes in 30 to 45 days. Texas law requires a 3 day right of rescission for refinances, which adds to the timeline.
Are there special mortgage programs for first time home buyers in Texas?
Yes, the Texas Department of Housing and Community Affairs offers programs like the My First Texas Home loan. These provide down payment assistance and competitive rates for qualified buyers.