Mortgage Lenders in Frisco, TX
Directory of mortgage lenders in Frisco, 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 20 mortgage lenders in Frisco, 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 Frisco Texas help homebuyers and homeowners secure financing for property purchases and refinancing. Texas law requires a specific homestead exemption and has unique rules regarding home equity loans. Working with a local lender can help you navigate these Texas specific regulations and the competitive Frisco real estate market.
What Does a Mortgage Lender in Frisco Cost?
Typical costs for a mortgage lender in Texas include an origination fee of 0.5% to 1% of the loan amount, plus appraisal fees of $400 to $700, and title insurance which can cost $1,500 to $3,000. Texas also charges a state specific mortgage tax of $0.10 per $100 of the loan amount. Costs vary by loan type and lender. 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 Frisco Texas?
You typically need pay stubs, tax returns, bank statements, and identification. Texas law also requires a valid government ID and proof of residency. Your lender will provide a full list based on your loan type.
How long does the mortgage process take in Frisco Texas?
The process usually takes 30 to 45 days from application to closing. Texas has a 3 day right of rescission for most refinances, which adds time. Delays can occur if property title issues arise.
Are there Texas specific laws for home equity loans?
Yes. Texas law limits home equity loans to 80% of the home value. You must also wait 12 months after buying the home to take out a home equity loan. These rules are stricter than in many other states.