Refinance Your Texas Mortgage
Refinancing your home can be a smart financial move when it aligns with your long-term goals.
Whether you’re looking to lower your monthly payment, access home equity, or adjust your loan term, Lone Star Financing provides clear guidance to help you make confident decisions.
- Lower your monthly payment when market conditions allow
- Access home equity for renovations, debt consolidation, or major expenses
- Switch to a fixed-rate loan or shorten your loan term
Our Texas-based mortgage team understands local markets and works closely with you to ensure a smooth, organized, and hassle-free refinance experience from start to finish.
Why Refinance
- Lower your payment
- Shorten your loan term
- Switch to a fixed-rate
- Get cash out of your home
- Remove PMI
Our Refinance Options
- Conventional Refinance
- VA IRRL
- FHA Streamline
- Cash Out Refinance
Conventional Refinance
VA IRRRL Refinance
FHA Streamline Refinance
Why Choose Us?
Texas mortgage broker offering competitive rates and top-notch customer service. Our streamlined, technology-driven process delivers fast approvals and an efficient refinance experience.
VA IRRRL Streamline Refinancing in TX
The VA IRRRL streamline refinance offers lower interest rates and reduced monthly payments for eligible veterans. It also requires minimal paperwork and no appraisal.
Texas Refinance Specialists
Lone Star Financing offers low rates, minimal fees, and fast closings with in-house underwriting. As a trusted Texas lender, we provide personalized service and a secure, easy-to-use portal for a seamless, hassle-free refinance experience.
Our mission statement: Our goal is to provide every client with transparent and straightforward guidance throughout their entire mortgage journey – integrity, customer service and upfront lending. It’s this simple formula that has propelled us to one of the top lenders for mortgage refinance in Texas.
Why Lone Star Financing?
At Lone Star Financing, we simplify refinancing by combining competitive rates, efficient closings, and dedicated local support. Our experienced Texas-based team takes the time to understand your goals, explain your options clearly, and guide you through every step of the process.
The result is a smooth, transparent refinance experience designed to help Texans move forward with confidence and achieve their homeownership goals on their timeline.
Close on Time
Our goal is to close every loan in 30 days or less. With in-house underwriting, processing, and closing, we can get your refinance done fast.
Low Rates & Fees
Mortgage refinance in TX with Low Rates, Low Fees and Fast Closings. Texas Approved FHA Lender.
Customer Service
Your parter for mortgage refinance in Texas - streamlined process with support every step of the way.
David Howes
Sr. Loan Officer
NMLS #1438746
Chris Lederer
Production Manager
NMLS #2004549
Jen Papaelias
Sr. Loan Officer
NMLS #2692859
Ryan Wood
Sr. Loan Officer
NMLS #1757471
Brett Dempsey
Branch Manager
NMLS #2014728
TEXAS REFINANCE,
DONE RIGHT!
- Low Rates & Low Fees
- Direct Texas Lender
- In-House Underwriting
- Same Day Pre-Approvals
- Free Good Faith Estimate
- Texas Customer Service
When Should I Refinance?
Lowering your Texas mortgage rate can reduce your monthly payments and save you money. Over time, as your credit score improves, refinancing can offer significant savings on a 15- or 30-year mortgage term.
This means that refinancing may still be a good idea if your improved financial qualifications result in lower rates for your mortgage loan, even when interest rates increase – as they have since 2024. Here are a few reasons to refinance today with Lone Star Financing:
- Lower Your Monthly Payments: Refinance your mortgage to reduce your interest rate and save on monthly payments.
- Access Home Equity: Tap into your home’s equity for renovations, debt consolidation, or other financial needs.
- Shorten Your Loan Term: Pay off your mortgage faster and save on interest by refinancing to a shorter term.
- Switch from Adjustable to Fixed Rate: Enjoy stability with a fixed-rate mortgage, protecting you from future rate increases.
- Consolidate Debt: Combine high-interest debt into a single, lower-interest mortgage payment.
- No Out-of-Pocket Costs: Explore refinancing options with minimal or no upfront costs.
- Streamlined Application Process: Experience a quick and hassle-free refinancing process with our expert guidance.
- Local Texas Expertise: Benefit from working with a team that understands the Texas real estate market.
Whether you’re aiming to save money, shorten your loan term, or switch to a more stable fixed-rate mortgage, refinancing offers the flexibility to tailor your loan to better fit your current financial goals.
Rate and term refinances involve the borrower modifying the terms of their existing mortgage loan. Through a new mortgage agreement, the borrower can obtain better terms, such as a lower interest rate and/or a shorter loan term. During a refinance, the current mortgage must be paid off and the new loan must be repaid. By refinancing with an improved interest rate and term, a borrower can enhance their financial standing.
The interest rate, monthly payment, and term length of the mortgage can change during a rate and term refinance, and borrowers may need to meet certain credit criteria and debt-to-income ratios to qualify. Refinance loans feature a new (preferably lower) interest rate and a new term, such as 30 years or 15 years. A refinance allows the borrower to modify the interest rate and/or loan term, resulting in a new mortgage that pays off the existing one.
By replacing the existing loan with a new mortgage agreement with more favorable numbers and terms, a rate and term refinance obtains better loan terms. The most common refinancing method. There are a number of benefits to refinancing your current mortgage.
Are you a Texas Veteran and need to refinance your current mortgage? Lone Star Financing is an approved VA lender in Texas and specialize in VA IRRL refinancing.
A VA IRRRL, or Interest Rate Reduction Refinance Loan, is a loan from the U.S. Department of Veterans Affairs (VA) that allows you to refinance an existing VA-guaranteed loan. The new loan will have a lower interest rate and lower principal and interest payments than the existing loan.
To qualify for an IRRRL, you must meet the following requirements:
- Be a veteran, Reserve, or National Guard member (called to active duty), or active duty service member
- The loan you are refinancing must have been guaranteed using your VA entitlement
- Verification of previous loan information by using VA’s automated system
- No appraisal or credit underwriting is required by VA
- There are no minimum income requirements nor a minimum credit score for borrowers to qualify
- You can finance up to $6,000 for energy-efficient improvements, as long as they’re completed within 90 days of your loan closing
- You aren’t in default on any federally backed loans, including student loans
To qualify for an FHA streamline refinance, your mortgage must be FHA-insured, current, and you must have made six consecutive payments. You also can’t have any late payments and the property must be your primary residence, vacation home, or rental property. You can’t remove a co-borrower except in cases of divorce, legal separation, or death. You can’t take more than $500 cash out.
Lone Star specializes in FHA streamline refinance and can help make your mortgage more affordable. Refinancing today can result in a lower payment, like converting an FHA arm loan to a fixed rate loan, or going from a 15-year fixed FHA loan to a 30-year fixed loan.
Lone Star Financing - Texas Mortgage Refinance Experts
Choose Lone Star Financing for your Texas mortgage refinance and benefit from a team dedicated to helping you save. With decades of experience, our passionate loan officers understand that every loan represents real people and their stories. Texas homeowners have the option to refinance through various programs, including conventional loans, FHA and VA loans. Whether you need help with a rate and term refinance, VA IRRL refinance, or FHA streamline refinance, we’ve got you covered!