Compare Mortgage Refinance Companies in DeSoto, TX
Browse mortgage refinance companies serving DeSoto, 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 10 mortgage refinance companies in DeSoto, 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 refinance companies in DeSoto Texas help homeowners lower their interest rate or change loan terms. Texas law has specific rules for cash-out refinances, including a 80% loan-to-value limit on homestead properties. These companies guide you through the process and ensure compliance with state regulations.
What Does a Mortgage Refinance Company in DeSoto Cost?
Typical costs for a mortgage refinance in Texas include an appraisal fee of $400 to $700, title insurance of $1,000 to $2,500, and lender origination fees of 0.5% to 1% of the loan amount. Recording fees and escrow setup add several hundred dollars. Total closing costs usually range from 2% to 5% of the loan amount. 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 is the Texas home equity refinance rule?
Texas law limits cash-out refinances to 80% of the home value. You must also wait 12 months after your last refinance to do another cash-out loan. This rule protects homeowners from over-borrowing.
How long does a mortgage refinance take in DeSoto Texas?
A typical refinance in Texas takes 30 to 45 days from application to closing. The timeline can vary based on appraisal scheduling and document processing. Texas requires a 3-day rescission period after signing.
Do I need a survey for a Texas refinance?
Texas law often requires a new survey or a survey affidavit for refinances. This confirms property boundaries and ensures no encroachments. Your lender will tell you if a survey is needed for your loan.