Texas Mortgage Refinance Experts

LONE STAR FINANCING

TEXAS MORTGAGE REFINANCE

Low Rates - Refinance Today & Save

Refinance Your Texas Mortgage - Low Rates & Fast Approval

Welcome to Lone Star Financing, your trusted partner for mortgage refinancing in Texas. If your current mortgage rate is significantly higher than the prevailing market rates, you may be an excellent candidate for refinancing. Whether you’re looking to lower your monthly payments, shorten your loan term, or tap into your home’s equity, we’re here to guide you through every step of the refinancing process.

Why Refinance

The primary goals for refinancing:

Lower your monthly payment
Shorten your loan term
Switch to a fixed-rate mortgage
Get cash out of your home
Remove PMI

Our Refinance Options

Texas Mortgage Refinance:

Conventional Refinance
VA IRRL
FHA Streamline
Cash Out Refinance

Conventional Refinance

VA IRRRL Refinance

FHA Streamline Refinance

Why Choose Lone Star Financing

We are a direct lender with low rates, in-house underwriting, and top-notch customer service. Our tech-driven process ensures fast approvals and can get you refinanced quickly.

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.

Mortgage Refinance Experts

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?

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.

Refinance Today & Save

Apply now to prequalify and refinance – lock in a lower rate while saving on monthly payments!

TEXAS REFINANCE, DONE RIGHT!

Lone Star Financing is your trusted partner for mortgage refinance in Texas, offering competitive rates and customized loan solutions to meet your refinancing goals. With expert guidance and a streamlined approval process, we make refinancing simple and stress-free!

Why Choose Us? It's our People!

Read Our Reviews...

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!

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!

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.

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!!!

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...

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!

Texas Home Loans Done Right! — Lone Star Financing

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 loans, 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!

Mortgage Refinance - Learn More

When to Refinance

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. Contact us and speak with one of our Texas refinance specialist to see if refinancing is right for you. 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 & Term Refinance

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.

VA IRRL Refinance

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

FHA Streamline Refinance

A Texas FHA streamline refinance is a type of mortgage refinance that allows FHA-insured borrowers to refinance their current mortgage to a new FHA loan with minimal documentation and underwriting. The process is simpler than a standard refinance because it typically does not require a new appraisal.

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.

With FHA streamline refinancing, the upfront MIP is equal to 1.75% of the amount borrowed. You’ll also have to pay another upfront mortgage insurance premium and continue to pay annual mortgage insurance. Closing costs are typically the same as other mortgages: 2 to 5 percent of the mortgage amount.