Question 1

What are today's mortgage rates in Texas?

Accepted Answer

Mortgage rates in Texas fluctuate daily based on market conditions. As of today, conventional 30-year fixed rates are competitive with national averages. CMS Mortgage offers real-time rate quotes tailored to your specific situation, including your credit score, down payment, and loan amount.

Question 2

What are the conforming loan limits in Texas?

Accepted Answer

For 2026, the conforming loan limit in most Texas counties is $806,500 for single-family homes. Some high-cost areas may have higher limits. Loans exceeding these limits are considered jumbo loans and may have different rate and qualification requirements.

Question 3

What closing costs should I expect in Texas?

Accepted Answer

Closing costs in Texas typically range from 2-5% of the loan amount. This includes lender fees, title insurance, appraisal, recording fees, and prepaid items like property taxes and homeowners insurance. CMS provides a detailed Loan Estimate within 3 business days of application.

Question 4

Are there first-time homebuyer programs in Texas?

Accepted Answer

Yes, Texas offers several first-time homebuyer assistance programs including down payment assistance, tax credits, and below-market rate mortgages. CMS Mortgage can help you explore FHA loans (3.5% down), conventional loans (3% down), and state-specific programs you may qualify for.

Question 5

Does Texas have unique mortgage laws I should know about?

Accepted Answer

Yes, Texas has distinctive homestead protections and home equity lending rules. Texas home equity loans (cash-out refinances) are capped at 80% LTV, and there are specific requirements for home equity lending. These protections benefit homeowners but require specialized knowledge from your lender.

Question 6

What about property taxes in Texas?

Accepted Answer

Texas has no state income tax but higher property taxes, averaging 1.6-2.2% of home value annually. This significantly impacts your monthly payment calculation. CMS factors this into your affordability analysis to ensure you're comfortable with total housing costs.

Today's Mortgage Rates in Texas

CMS Mortgage Pricing

Texas Housing Market

Explore mortgage resources in Texas

All Rate Options

Rate Alerts

Texas Mortgage Questions

Texas Licensing Disclosure

Ready to Get Started?

Today's Mortgage Rates in Texas

CMS Mortgage Pricing

Texas Housing Market

Explore mortgage resources in Texas

All Rate Options

Rate Alerts

Texas Mortgage Questions

Texas Licensing Disclosure

Ready to Get Started?

Today's Mortgage Rates in Texas

CMS Mortgage Pricing

Texas Housing Market

Explore mortgage resources in Texas

All Rate Options

Conventional Fixed Rate Loans

FHA Loans

VA Loans

Jumbo Loans

Adjustable Rate Mortgages (ARM)

USDA Loans

Rate Alerts

Texas Mortgage Questions

What are today's mortgage rates in Texas?

What are the conforming loan limits in Texas?

What closing costs should I expect in Texas?

Are there first-time homebuyer programs in Texas?

Does Texas have unique mortgage laws I should know about?

What about property taxes in Texas?

Texas Licensing Disclosure

Ready to Get Started?

Today's Mortgage Rates in Texas

CMS Mortgage Pricing

Texas Housing Market

Explore mortgage resources in Texas

All Rate Options

Conventional Fixed Rate Loans

FHA Loans

VA Loans

Jumbo Loans

Adjustable Rate Mortgages (ARM)

USDA Loans

Rate Alerts

Texas Mortgage Questions

What are today's mortgage rates in Texas?

What are the conforming loan limits in Texas?

What closing costs should I expect in Texas?

Are there first-time homebuyer programs in Texas?

Does Texas have unique mortgage laws I should know about?

What about property taxes in Texas?

Texas Licensing Disclosure

Ready to Get Started?