Refinance in Texas
Refinancing replaces your current mortgage with a new one — to lower your rate, shorten your term, switch from an adjustable to a fixed rate, or take cash out of your equity. Across Texas, vetted brokers and lenders on LowestMortgage.com compete for your business — so you compare real offers and pick the person, not just the rate.
Key features
- Rate-and-term refinance to lower your payment
- Cash-out refinance to use your equity
- Switch from an ARM to a fixed rate
- Potentially remove FHA mortgage insurance by going conventional
Refinance across Texas
Find refinance and local brokers in these Texas markets:
2026 conforming loan limits in Texas
The conforming limit is the largest one-unit loan Fannie Mae and Freddie Mac will back. These are the 2026 figures for Texas's major markets:
$832,750
2026 one-unit limit across Texas's major markets
Source: HUD 2026 forward-mortgage limits and FHFA 2026 conforming loan limit values. Limits are higher for 2–4 unit properties; Texas counties outside these metros use $832,750. Confirm current figures with your broker.
Refinance FAQ
When does refinancing make sense?
When the monthly savings recoups the closing costs within a reasonable time, when you want to shorten your term, or when you need to access equity. A quick calculation — or a broker — can confirm.
What is a cash-out refinance?
You refinance for more than you owe and take the difference in cash, using your home's equity. It typically requires you to keep at least 20% equity.
Will refinancing reset my loan to 30 years?
It can, but you can also refinance into a shorter term (e.g., 15 or 20 years) to pay off your home faster, often at a lower rate.