We compare 20+ wholesale lenders to find competitive jumbo rates in Texas. No credit pull. Pre-approval in 24 hours.
A Texas-licensed loan officer will call you within 24 hours. If you'd rather we call sooner, dial (702) 420-0655.
Texas leads the nation in population growth, with the Houston, Dallas-Fort Worth, Austin, and San Antonio metros each adding tens of thousands of new residents per year. Strong job markets in tech, energy, and healthcare keep buyer demand steady, and Texas has no state income tax.
Texas's high-cost metros (Austin, parts of Dallas) regularly produce loan amounts above $1M. We routinely close jumbo loans up to $5M+ in Travis, Collin, and Tarrant counties.
Stricter qualification standards than conventional mortgages.
Most jumbo lenders require 700+, with the best rates reserved for 740+. Strong credit demonstrates ability to manage large financial obligations.
Typically 10% to 20% depending on loan amount and lender. Larger down payments unlock better rates.
Lenders want to see 6-12 months of mortgage payments in liquid reserves after closing.
Total monthly debt obligations should not exceed 43% of gross monthly income. Some exceptions with strong compensating factors.
Lending Arena, NMLS #1603937. Licensed by the Texas Department of Savings and Mortgage Lending. Texas A6 home equity transactions are subject to the disclosures and protections of Texas Constitution Section 50(a)(6). Equal Housing Lender. This is not a commitment to lend. CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.