Texas Mortgage Loans
A great homeownership experience starts by working with the right lender. Our relationship opens the door to more opportunity & delivers low rates.
At Credit Union of Texas, we offer a wide range of home mortgage options to cater to various needs and unique situations.
Browse our top offerings below, and be sure to get in touch so we can help you find a great personal fit.
Explore CUTX Home Financing Options
Most Popular Home Loan Types
15, 20 & 30-Year Fixed Mortgages1
Lock in a stable monthly payment that fits your Texas budget and timeline.
Explore Fixed-Rate Mortgages40-Year Mortgage2
Stretch your term to reduce monthly payments and improve cash flow.
Learn About 40-Year TermsTexas Jumbo Mortgage Loans
Go bigger in Texas with flexible options for higher-priced homes.
Explore Jumbo LoansGovernment-Backed Loans
FHA Home Loans
Make homeownership more attainable with flexible credit and low down payment options.
Learn About FHA LoansVA Home Loans
Zero-down options and competitive terms for eligible veterans and service members.
See VA Loan BenefitsUSDA Home Loans
Eligible rural-area buyers get low-to-no-down financing and budget-friendly payments.
Check USDA EligibilitySpecialty Programs
Adjustable-Rate (ARM) Mortgages3
Start with a lower initial rate if you plan to move or refinance down the road.
Explore ARM LendingInterest-Only Mortgage (First 5 Years)
Lower your initial payment while you settle in or manage cash for renovations.
See Interest-Only Details
Inflation Fighter (Rate Buydown)5
Lower your initial rate and ease into homeownership with confidence.
See Rate Buydown ProgramFast Lane Mortgage ($0 Down)
Streamlined approvals to help you close faster in the Texas market.
Home Loans with Zero DownPreferred Realtor® Program6
Pair your financing with trusted Texas agents to shop and close with confidence.
Meet Preferred Realtors
Welcome Home, To Better Residential Mortgage Services
Our home loan experts will help you find the mortgage that fits your budget and lifestyle goals. Whether you're a first-time buyer or a longtime owner, CUTX has options that work for you.
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Get prequalified for your new home purchase
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Save hundreds off your closing costs by using our preferred realtors
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Take advantage of low Texas mortgage rates
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Use your home equity to pay off debt and increase your monthly cash flow
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Quick loan closing
Questions? We can help.
Monday - Friday 9AM - 6PM
and Saturday 10AM - 2PM CST
Talk to a Home Loan Specialist
972-705-4845
5% Down No PMI4
Your dream-home purchase is more affordable through CUTX.
- Borrow up to 95% of your new home's value
- Qualify for a loan with a down payment of just 5%
- With no private mortgage insurance, your monthly loan payments will be lower
5 Yr Interest Only7
This special option can provide plenty of financial freedom for five years.
- Just make interest payments for the first five years
- Control your cash flow and spend your money on other priorities
- Ideal option for second homes and investment properties
15/20/30 Mortgages1
We'll help you choose a home loan that fits your budget and your lifestyle.
- Choose mortgage terms of 15, 20 or 30 years
- Fixed rates mean stable monthly payments over the life of the loan
- Competitive rates and low closing costs
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Mortgage Payment Calculator
NMLS #576560 Credit Union of Texas provides mortgage loans through its affiliate Texas Mortgage Lending, LLC, NMLS #1641703. CUTX home loan programs are only available in Texas. Loans are subject to credit approval, CUTX's lending policies, and property approval. Prequalification is not a commitment to lend. Membership required.
1 A typical 15-year conforming $250,000 loan with a fixed rate of 2.125% (2.210% APR) would have 360 monthly principal and interest payments of $1,623.20. The payment example is for illustrative purposes only and does not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater. Rates and terms are subject to change without notice. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and CUTX's lending policies.
A typical 20-year conforming $250,000 loan with a fixed rate of 2.625% (2.692% APR) would have 360 monthly principal and interest payments of $1,340.03. The payment example is for illustrative purposes only and does not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater. Rates and terms are subject to change without notice. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and CUTX's lending policies.
A typical 30-year conforming $250,000 loan with a fixed rate of 2.75% (2.672% APR) would have 360 monthly principal and interest payments of $1,004.13. The payment example is for illustrative purposes only and does not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater. Rates and terms are subject to change without notice. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and CUTX's lending policies.
2 A typical 40-year conforming $300,000 loan with a fixed rate of 6.50% (6.783% APR) would have 480 monthly principal and interest payments of $1,756.37. APR means Annual Percentage Rate. The payment example is for illustrative purposes only and does not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater. Rates and terms are subject to change without notice. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment and CUTX's lending policies.
3 ARM loans are variable rate loans; interest rates and payments may increase after consummation. After the initial fixed-rate period, the interest rate can increase or decrease annually according to the market index. Any change may significantly impact the monthly payment. For example - 5/6 ARM with a term of 30 years for $300,000 with an Annual Percentage Rate (APR) of 5.355%. *Adjustable-Rate Mortgage of 5.10%, your monthly payments for years 1 – 5 would be $1,628.85, your monthly payments for year 6 would be a maximum of $2,145 (7.10%) and your monthly payments for years 7 - 30 would be a maximum of $2,512 (10.10%) (based on the current Index, Margin, Change and Life of Loan Caps). Monthly payments do not include taxes and insurance, and the actual payment obligation could be greater. The variable interest rate is subject to a floor of the Initial Interest Rate. The variable interest rate can increase or decrease after the fifth year by 2 percentage points and 1 percentage point each six months thereafter and can increase 5 percentage points over the Initial Interest Rate over the term of the loan.
4PMI = Private Mortgage Insurance.
5 Advertised program is valid as of November 1, 2022 and subject to change without notice. The Inflation Fighter Buydown offer will effectively reduce the interest rate by 1% for the first year of the mortgage. A custodial escrow account will be funded by the lender-paid credit, up to a maximum amount of $6,500, and funds will be dispersed from the escrow account towards each monthly payment to account for the difference in interest during buydown period. Offer valid on fixed-rate conventional purchase money loans for primary residences and second homes eligible through Fannie Mae and Freddie Mac. Offer not valid on Refinance loans or CUTX portfolio programs (Jumbo, Fast Lane Mortgage, 95% No PMI Program), Home Equity, Second Liens, Investment Property, FHA, VA or ARM products, and cannot be combined with any other discounts or promotions. Offer may not be redeemed for cash or credit and is nontransferable. Offer cannot be retroactively applied to any previously closed loans or loans already in process and is subject to changes or cancellation at any time at the sole discretion of CUTX. Additional restrictions/conditions may apply. Member must lock initial rate between 30 and 90 days from the purchase closing date. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.
6 The preferred realtor program is made available to you through a relationship between Credit Union of Texas (CUTX) and third party realtors. Program cash rebates are awarded by CUTX to buyers and sellers who select and use a real estate agent in the CUTX preferred realtor network, and are credited towards closing costs at close. Mortgage loan must be completed with Credit Union of Texas. Home buyers or sellers are not eligible for a cash rebate if they use an agent outside this network. Cash rebate amounts are dependent on the home sales price. Credit Union of Texas may have specific rules on how your cash rebate will be paid out. Cash rebate incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult CUTX for details that may affect you.
7 Interest only payments will be re-amortized at the time the repayment period begins. If interest only payments are made, the loan balance will not decrease. CUTX home loan programs are only available in Texas. Loans are subject to credit approval, CUTX’s lending policies, and property approval. Prequalification is not a commitment to lend (if applicable)