Texas homebuyers face one of the hottest housing markets in the country, with fast-moving inventory and rising prices. But who you choose as your lender can have just as much impact on your budget as the home itself – getting the best mortgage lenders in Texas can majorly reduce the total you pay towards your mortgage over the life of a loan.
To cut through the noise, we analyzed 2024 HMDA origination data and TrueRate analysis of closed-loan pricing for 30-year fixed conventional purchase mortgages. These rankings reflect what borrowers in Texas actually paid – not teaser quotes. We also layered in verified borrower reviews to highlight lenders that combine competitive pricing with solid service.
Which lender has the lowest fees and offers fast + online support?
Tomo Mortgage
- HQ: New York, NY
- Rate advantage: ~0.30% below median (TrueRate, 2024)Fees: $0
Tomo scrapped lender fees entirely, setting it apart in a market where $1,000+ charges are common. Focused solely on purchase loans, Tomo also publishes lockable rates online with no bait-and-switch. Borrowers highlight its fast responses, fully digital e-closings, and transparent rate tool that shows monthly payments with or without points. The one tradeoff: no refinance products.
Which Texas lender offers unique credit union perks?
AMOCO Federal Credit Union
- HQ: Texas City, TX
- Rate advantage: ~0.34% below median (TrueRate, 2024)
- Fees: ~$1,500
AMOCO’s Made For You Mortgage caters to teachers, healthcare workers, and school administrators with 100% financing, no PMI, and reduced closing costs – a rare set of benefits. The credit union also funds land, manufactured homes, and even pools. Reviews are mixed, but for eligible borrowers, the perks can outweigh the higher fees.
Who provides the most closing cost help?
Andrews Federal Credit Union
- HQ: Suitland, MD (serving Texas members)
- Rate advantage: ~0.48% below median (TrueRate, 2024)
- Fees: ~$1,500
Andrews Federal offers up to $12,500 in down payment or closing cost assistance for eligible members, with no repayment required after five years in the home. It also waives origination fees with direct deposit and offers a float-down option if rates fall after you lock. NerdWallet praises its affordability, though Yelp reviews point to inconsistent branch service.
Which lender is best for rate-focused, no-frills borrowers?
AimLoan
- HQ: San Diego, CA
- Rate advantage in Texas: ~0.33% below median (TrueRate, 2024)
- Fees: ~$995
AimLoan built its model on automation back in 1998 and continues to deliver some of the lowest rates, particularly for conventional and jumbo loans. Service is leaner than bank competitors, but for buyers who care most about bottom-line costs, AimLoan is hard to beat.
Who has strong low down payment options?
Alliant Credit Union
- HQ: Chicago, IL
- Rate advantage: ~0.31% below median (TrueRate, 2024)
- Fees: ~$950
As a digital-only, nonprofit credit union, Alliant stands out with its Advantage Mortgage program: $0 down with no PMI on loans up to $650,000. Borrowers frequently cite its affordability and streamlined online process. For first-time buyers in Texas looking to minimize upfront costs, Alliant is a strong option.
How do the big national lenders stack up in Texas?
Some of the biggest brands dominate Texas by volume, but they don’t always win on pricing. According to 2024 HMDA data:
- Rocket Mortgage originated $7B+ in Texas loans across 24,000 mortgages (avg. ~$292K). Rates often tracked close to the state median.
- Chase Bank originated $3.9B+ across 10,000 loans (avg. ~$378K). With 85% of volume in purchase loans, it’s a key player but not consistently cheaper than the competition.
Borrower Reviews Snapshot
| Lender | Highlighted Customer Feedback | Source |
| Tomo Mortgage | “Loan advisory team was remarkably responsive stayed engaged until the very end.” | Google Reviews (NJ) |
| “Because of Tomo’s low APRs it gets a perfect 5 out of 5 stars for affordability.” | Bankrate Editors | |
| AMOCO FCU | “Mixed experiences – some members highlight personal service, others note slow processing.” | Yelp (Texas City, TX) |
| Andrews FCU | “Though relatively small, Andrews offers mighty advantages, like detailed rate quotes without contact info.” | NerdWallet Editors |
| “At closing we were charged $16k in fees it took months and several hundred dollars to fix.” | Yelp (Suitland, MD branch) | |
| AimLoan | “Got the best offer from AIM for 30 years fixed low closing costs and smooth online process.” | Zillow |
| “Rates were the best we’ve found but some answers felt misleading.” | ||
| Alliant CU | “Among the many lenders I encountered, Alliant quickly rose to the top. Their initial rate was highly competitive and service excellent.” | Bankrate |
| “Alliant Advantage Mortgage allows up to $650,000 with no down payment or PMI.” | Bankrate Editors |
Bottom Line
For Texas buyers, the best lender depends on your priorities:
- Lowest fees: Tomo Mortgage
- Special credit union programs: AMOCO FCU
- Closing cost help: Andrews FCU
- Lowest rates, no-frills: AimLoan
- Low down payment options: Alliant CU
