Find Mortgage Brokers in Wichita Falls, TX
Browse mortgage brokers serving Wichita Falls, 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 18 mortgage brokers 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.
What Does a Mortgage Broker in Wichita Falls Cost?
Mortgage broker fees in Texas typically range from 1 percent to 2 percent of the loan amount. For a $200,000 loan this means a fee between $2,000 and $4,000. Some brokers charge a flat fee instead of a percentage. Costs can also include application fees and third-party charges like appraisals. Note that all fees must be disclosed on the Loan Estimate. 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 does a mortgage broker do in Wichita Falls Texas?
A mortgage broker acts as an intermediary between you and potential lenders. They gather your financial information, shop for loan options from various banks and credit unions, and help you choose a mortgage that fits your needs. In Texas brokers must be licensed by the Texas Department of Savings and Mortgage Lending.
How do I choose a mortgage broker in Wichita Falls?
Look for a broker licensed in Texas with experience in the local market. Check their reviews and ask about the lenders they work with. You can verify a brokers license through the Nationwide Multistate Licensing System (NMLS).
Are there Texas specific rules for mortgage brokers?
Yes. Texas law requires mortgage brokers to be licensed and follow the Texas Finance Code. For home equity loans, Texas limits the total principal to 80 percent of the homes value. Brokers must also provide a Loan Estimate within three business days of your application.