FOR BORROWERS
Buying a home in Texas?
Start with the numbers.
Explore your estimated payment and cash needed to buy. When you want a closer look, send us your scenario and the questions you need answered.
What you get with Closewiser.
Less overhead in the loan. More time with the loan officer handling it. Here’s what that means when you’re buying a home.
Lower overhead behind your rate.
We use software to reduce repetitive processing work. That means less overhead passed to you, which usually shows in the rate. Bring another lender’s Loan Estimate and we’ll compare the numbers side by side.
Know what you’ll need at closing.
Within 24 hours of your application, we prepare a cash-to-close estimate covering loan fees, title, taxes, insurance, and recording. We update it as the details change, so you can plan beyond the down payment.
A letter backed by a review of your finances.
We review credit, income, assets, and debt before issuing your pre-approval letter. You’ll know what still needs to be resolved. An online estimate alone is not a pre-approval.
Someone who speaks up for your offer.
When you’re competing for a home, we call the listing agent to explain the financial review behind your offer. If they have questions, they can speak with the loan officer who reviewed your file.
Estimate your monthly payment.
Adjust the price, down payment, and rate. See principal, interest, estimated taxes, insurance, and mortgage insurance together. These are planning estimates, not a loan quote.
$3,208 per month on a $400,000 home at 6% over 30 years.
$2,158 P&I · $733 tax (Harris) · $167 insurance · $150 PMI
Auto-fills county tax rate on blur.
Leave at 0 if no HOA.
| Principal & Interest | $2,158 |
| Property Tax(Harris) | $733 |
| Homeowners Insurance | $167 |
| Mortgage Insurance (PMI)— est., applied when down < 20% | $150 |
| Total Monthly (PITI + MI) | $3,208 |
Review or remove your scenario before sending your question.
Estimates only. Actual payments vary by taxes, insurance, HOA, and underwriting terms. Not a commitment to lend. Closewiser — NMLS #1660690. Loan Officer Liam Yang — NMLS #1709271.
ALREADY SHOPPING?
Bring us your Loan Estimate.
Send your Loan Estimate for a personal comparison of the rate, lender fees, and cash to close.
FAQ
Common questions.
- Do I need a 20% down payment?
- No. FHA loans require as little as 3.5% down, and VA loans require 0% for eligible veterans. DPA programs can further reduce out-of-pocket costs.
- Will applying hurt my credit score?
- The initial pre-qualification form does not pull your credit. A hard inquiry only happens when you formally apply for a loan.
- How long does the pre-qualification process take?
- Most initial pre-qualifications turn around the same business day after we have your basic numbers. A formal letter follows after a 15-minute conversation, typically within 24 hours.
- Can I get a loan if I'm self-employed?
- Yes. Bank Statement and DSCR loans are specifically designed for self-employed borrowers and investors who may not show traditional W-2 income.
Want to work through your situation?
Explore your scenario, then share your numbers and questions for a personal review. Sending an inquiry does not pull your credit or qualify you for a loan.