9 Best Texas Mortgage Lenders in 2021
If you’re looking to buy or refinance a home in Texas in 2021, NerdWallet can help you choose from some of the best mortgage lenders in the state.
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Texas mortgage lenders vary by the types of home loans they offer, their credit score and other requirements for borrowers, and how they serve customers. Shopping around is important to find a lender that offers the services and products you need at the lowest rates. To help you find the best mortgage lender in Texas for your situation, NerdWallet has reviewed and picked some of the best lenders in a variety of categories.
Texas mortgage lenders vary by the types of home loans they offer, their credit score and other requirements for borrowers, and how they serve customers. Shopping around is important to find a lender that offers the services and products you need at the lowest rates. To help you find the best mortgage lender in Texas for your situation, NerdWallet has reviewed and picked some of the best lenders in a variety of categories.
Summary of Best Texas Mortgage Lenders in 2021
| Lender | NerdWallet Rating | Min. Credit Score | Min. Down Payment | Learn More |
|---|---|---|---|---|
 Rocket Mortgage by Quicken Loans: NMLS#3030 Learn more at Rocket Mortgage by Quicken Loans | Best for first-time home buyers and online experience | 620 | 3% | Learn more at Rocket Mortgage by Quicken Loans |
 Guaranteed Rate: NMLS#2611 Learn more at Guaranteed Rate | Best for online experience | 620 | 3% | Learn more at Guaranteed Rate |
 Chase: NMLS#399798 Learn more at Chase | Best for refinancing | 620 | N/A | Learn more at Chase |
.png) Reali Loans: NMLS#991397 Learn more at Reali Loans | Best for refinancing | 620 | N/A | Learn more at Reali Loans |
 Bank of America: NMLS#399802 | Best for face-to-face service | 620 | 5% | Read review |
 Wells Fargo: NMLS#399801 | Best for face-to-face service | 620 | 3% | Read review |
 PrimeLending: NMLS#13649 | Best for first-time home buyers | 620 | 3% | Read review |
 Alterra: NMLS#133739 | Best for bad credit | 620 | 3% | Read review |
 Carrington: NMLS#2600 | Best for bad credit | 620 | 3% | Read review |
at Rocket Mortgage by Quicken Loans
Rocket Mortgage by Quicken Loans: NMLS#3030
Min. Credit Score
Min. Down Payment
at Rocket Mortgage by Quicken Loans
at Guaranteed Rate
Guaranteed Rate: NMLS#2611
Min. Credit Score
Min. Down Payment
at Guaranteed Rate
at Chase
Chase: NMLS#399798
Min. Credit Score
National / Regional
at Chase
at Reali Loans
Reali Loans: NMLS#991397
Min. Credit Score
National / Regional
at Reali Loans
Bank of America: NMLS#399802
Min. Credit Score
Min. Down Payment
National / Regional
Wells Fargo: NMLS#399801
Min. Credit Score
Min. Down Payment
PrimeLending: NMLS#13649
Min. Credit Score
Min. Down Payment
Alterra: NMLS#133739
Min. Credit Score
Min. Down Payment
Carrington: NMLS#2600
Min. Credit Score
Min. Down Payment
Best Texas mortgage lenders by city
We dug even deeper to find great lenders in major Texas cities. See our picks for best mortgage lenders in your area.
More from NerdWallet
Last updated on August 31, 2021
Methodology
NerdWallet's star ratings for mortgage lenders are awarded based on our evaluation of the products and services each lender offers to consumers who are actively shopping for the best mortgage. The five key areas we evaluated include the variety of loan types and products offered, online conveniences, online mortgage rate information, and the rate spread and origination fee lenders reported in the latest available Home Mortgage Disclosure Act data. To ensure consistency, our ratings are reviewed by multiple people on the NerdWallet Mortgages team.
To recap our selections...
NerdWallet's Best Texas Mortgage Lenders in 2021
- Rocket Mortgage by Quicken Loans: Best for first-time home buyers and online experience
- Guaranteed Rate: Best for online experience
- Chase: Best for refinancing
- Reali Loans: Best for refinancing
- Bank of America: Best for face-to-face service
- Wells Fargo: Best for face-to-face service
- PrimeLending: Best for first-time home buyers
- Alterra: Best for bad credit
- Carrington: Best for bad credit
Frequently asked questions
The best lender depends on your needs. Lenders vary by their borrower qualification requirements as well as the types of home loans they offer. Some lenders offer face-to-face service while others provide a completely online application experience. To find the best Texas mortgage lender, look for companies that offer the type of loan and services you need, and compare their rates and fees.
One isn't necessarily better than another, so don't confine your search to one type of lender. Consider banks, credit unions and mortgage companies that offer the products and services you need, and then compare rates to find the best lender.
The Texas Department of Housing and Community Affairs, or TDHCA, offers programs that provide down payment and closing cost assistance. To qualify for one of these Texas home buyer programs, you'll need to work with a TDHCA-approved lender.
Mortgage rates fluctuate day by day, and vary by lender. Rates also vary according to other factors, including the size of your loan and down payment, credit score and debt-to-income ratio. Keep in mind that the rate you're offered may differ from the average rates a lender posts on its website.
