Compare Mortgage Lenders in Wichita Falls, TX
Compare mortgage lenders in Wichita Falls. Review contact information and insurance categorys before you decide.
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 18 mortgage lenders in Wichita Falls, 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 Wichita Falls Texas help home buyers and homeowners secure loans for purchase or refinance. Texas law requires all mortgage loan originators to be licensed through the Texas Department of Savings and Mortgage Lending. Local lenders understand the Wichita Falls housing market and can guide you through the Texas specific loan process.
What Does a Mortgage Lender in Wichita Falls Cost?
Typical costs for a mortgage in Texas include an origination fee of 0.5% to 1% of the loan amount, appraisal fees of $400 to $700, and title insurance which is required in Texas. Closing costs for a $200,000 home in Wichita Falls range from $4,000 to $8,000. Texas law caps certain fees like the state documentary stamp tax. 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 Wichita Falls?
You typically need pay stubs, tax returns, bank statements, and proof of identity. Texas law requires a valid government issued ID and your Social Security number. Lenders may also request a property appraisal specific to Wichita Falls.
How long does a mortgage loan process take in Texas?
The average mortgage process in Texas takes 30 to 45 days from application to closing. Texas has a 3 day right of rescission for refinances under federal law. Local factors in Wichita Falls can affect timeline, such as appraisal availability.
Are there Texas specific mortgage programs for first time buyers?
Yes, the Texas Department of Housing and Community Affairs offers the My First Texas Home program with down payment assistance. Wichita Falls also participates in local housing authority programs. Eligibility depends on income and credit score.