Compare Mortgage Lenders in Cleburne, TX
Directory of mortgage lenders in Cleburne, Texas. Verify credentials with the state state mortgage licensing authority before hiring.
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 Cleburne, 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 Cleburne Texas help homebuyers and homeowners secure financing for property purchases and refinances. Texas law has unique rules for home equity loans and cash-out refinancing, including a maximum loan-to-value ratio of 80 percent. Local lenders can guide you through the Texas Constitution requirements for homestead loans.
What Does a Mortgage Lender in Cleburne Cost?
Typical costs for a mortgage lender in Texas include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance of 1,500 to 3,000 dollars. Closing costs usually range from 2 to 5 percent of the purchase price. Texas also charges a state mortgage tax of 0.50 per 100 dollars for most loans. Note that costs vary by loan type, lender, and property. 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 documents do I need to apply for a mortgage in Cleburne Texas?
You typically need recent pay stubs, W-2 forms, tax returns, bank statements, and a valid ID. Self-employed borrowers may need additional profit and loss statements. Lenders also require proof of Texas residency and a credit check.
How long does the mortgage process take in Texas?
The mortgage process in Texas usually takes 30 to 45 days from application to closing. Texas law requires a three business day waiting period after you receive the Closing Disclosure. Delays can happen if appraisals or title work take longer.
What are the Texas specific rules for home equity loans?
Texas law limits home equity loans to 80 percent of the home value. You must wait at least 12 days after applying before closing. You also have a three day right to cancel after signing. These rules are in the Texas Constitution.