Conventional
Home Loans

30 Year & 20 Year - Fixed Rate Loans

Texas Conventional Loans

Conventional home loans in Texas are ideally suited for borrowers with good or excellent credit, and offer rates based on credit.  These are conforming loans which have different criteria from FHAUSDA, and VA home loans in Texas. The 2022 conforming loan limits for all Texas counties was set at $647,250.  

Why go Conventional: Conventional mortgages generally pose fewer hurdles than Federal Housing Administration, US Department of Agriculture, or Veterans Affairs mortgages, which may take longer to process.

A conventional mortgage is a loan guaranteed by either Fannie Mae or Freddie Mac (unlike an FHA loan which is guaranteed by HUD, or a VA loan which is guaranteed by the Veterans Administration.

Quick Facts

  • Down Payment
  • 3% (Restrictions Apply)
  • 5% to 20% is Typical
  • Up to $647,250 Loan Value
  • Lower Mortgage Insurance
  • Primary, Second Homes, and Investment Properties
  • Lower Rates and Better Terms
Texas Conventional Loans

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Texas Conventional Loans - Fixed & Adjustable Rate

Conventional home loans typically offer better terms with lower mortgage insurance costs and rates based on credit rating. Additionally, conventional home loans offer the ability for borrowers to finance multiple properties including second homes as well as investment properties.  Still have questions about Texas Home Loans and available options? Give us a call today to speak to one of our local Texas conventional mortgage experts!

FIXED RATE LOANS:   Are loans designed to have equal fixed payments for the specified term. These loans offer predictability and are deemed to be less risky for borrowers. Fixed rate  loans are available with all mortgage products and are typically offered in 15 year and 30 year terms. Be sure and visit with your loans officer – fixed rate mortgage loans in Texas are also available in 10 year, 20 year and 25 year terms.

ADJUSTABLE RATE LOANS:  Are known as ARM’s are also available with all mortgage products although are limited with FHA, USDA and VA mortgages. ARM’s are a great fit for home buyers in Texas who plan to sell or refinance their home within 1 to 5 years after purchase. An adjustable rate mortgage begins as a fixed rate for a specific period of time and then the rate adjusts on predetermined time period based on financial index and a fixed margin. 

Why Lone Star Financing?

Close on Time

Our goal is to close every loan in 28 days or less. In-house underwriting, processing, and closing for fast approvals

Low Rates & Fees

Texas Mortgage Lender with Low Mortgage Rates. FHA, VA, and USDA Approved Lender.

Customer Service

We are Local to Texas and provide top-notch customer support. Read what our customers are saying!

See what our customers are saying....

Rebeka L
Rebeka L
Heartland, TX
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Brenda was quick to respond to questions I had and made herself available to me. She was very patient and understanding when having to resolve issues regarding my ex. The entire team, in fact, was great and a true godsend!
Michael Underwood
Michael Underwood
Austin, TX
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As a realtor here in Austin, TX, I’ve been working with Lone Star Financing for almost a decade. The loan officers at Lone Star financing are without a doubt the best communicators in the business. They provide timely updates to me and my buyers from the start of the loan to close of sale and I can't tell you how important that is during a real estate transaction. I recommend all of my clients use Lone Star financing because unlike a lot of mortgage companies they can close loans on time. During one of the most critical times of my customers lives, it's imperative that all links of the chain are strong. Having the right lender in place is key. Thanks Lone Star!
Jordan Rodriquez
Jordan Rodriquez
Bastrop, TX
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I was thoroughly impressed with the customer service from start to finish. I had a lot of questions and they were all answered. I recommend lone star to first time home buyers as well as those who have note done it before.
Veronica M.
Veronica M.
Camey, TX
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Making me feel comfortable through the entire process as I was a bit nervous but Keith’s ways with his words and staying professional never made me feel overwhelmed, as well as the staff members that also helped me. The whole process was a smooth ride with no bumps and that was a great feeling making this single mother very happy with the outcome!!! Thanks!!!
Scott Kruse
Scott Kruse
San Marcos, TX
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I have gone through the home financing five times, and this is my second re-finance. The team at Lone Star Financing was the best experience I've ever had going through the mortgage process. The previous finance company I used to purchase my home was the worst experience I'd ever had in getting a mortgage. I was extremely hesitant to go through the re-finance process, but with the interest rates being so low I knew I would be saving a lot of money. I did the research to find a highly reviewed local financing company, and Lone Star Financing was the best. They did an outstanding job helping me through the process, made it incredibly easy and quick. More...
David, Y
David, Y
San Antonio, TX
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Thanks for helping us through the loan refinance process. P.S. The only reason we can't refer family and friends is we don't live in Texas or have any contacts there!
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Texas Conventional Loans

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