Find Mortgage Lenders in Abilene, TX
Compare mortgage lenders in Abilene. 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 19 mortgage lenders in Abilene, 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 Abilene Texas help home buyers and homeowners secure financing for residential properties. Texas law requires specific disclosures for home loans including the Texas Home Equity Section 50(a)(6) rules. Local lenders understand the Abilene real estate market and can guide you through the loan process from pre-approval to closing.
What Does a Mortgage Lender in Abilene Cost?
Typical costs for a mortgage lender in Texas include an origination fee of 0.5 to 1 percent of the loan amount. Appraisal fees range from 400 to 700 dollars. Title insurance and escrow fees can add 1500 to 3000 dollars. Closing costs in Texas generally total 2 to 5 percent of the purchase price. 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 Abilene Texas?
You typically need pay stubs W-2 forms tax returns bank statements and photo ID. Texas lenders also require a signed authorization to pull your credit report. Self-employed borrowers may need additional profit and loss statements.
How long does mortgage approval take in Texas?
Most mortgage lenders in Abilene complete the approval process within 30 to 45 days. Texas law requires a three day rescission period for refinances under the Truth in Lending Act. Closing times can vary based on appraisal and title work.
What are Texas specific mortgage rules I should know?
Texas has unique home equity loan rules under Article XVI Section 50 of the state constitution. You cannot borrow more than 80 percent of your home value on a cash out refinance. Texas also limits the number of home equity loans you can have to one at a time.