Take the Next
Step Today
Prefer to speak with someone? Call us at (702) 766-3744
Reviewed by David Ghazaryan, Mortgage Broker, NMLS 1486726 · iQRATE Mortgages · Last updated: October 13, 2026
Quick answer
A Dallas mortgage broker compares many lenders for conventional, FHA, jumbo and investor loans. iQRATE Mortgages (NMLS 1862492) is licensed in Texas and shops more than 100 lenders on complex files. The Dallas–Fort Worth area's 2026 FHA limit is $563,500 and the conforming limit $832,750. Texas has no transfer tax, but the 2025 combined rate in Dallas and Dallas ISD was about 2.72%. Dallas bans short-term rentals in single-family zones, and the city's DHAP program offers up to $50,000 in down payment help. Full-doc loans close in about 17 days.
Get My Custom Rate Now · or call (702) 766-3744
5.0 stars from 87 reviews on Experience.com (October 2026) · Read David's reviews on Experience.com
Dallas buyers include finance and corporate employees relocating to North Texas, health care staff, small-business owners and investors. Corporate relocations bring buyers with a new job and a home still unsold elsewhere, and lenders handle those differently. We also see a lot of jumbo financing in Preston Hollow and the Park Cities and FHA buyers in Oak Cliff and Pleasant Grove.
Part of our Texas mortgage broker coverage. We're licensed in Texas under company NMLS 1862492 and work Dallas files from our Las Vegas office, closing with local escrow and title.
Neighborhoods and ZIPs we lend in: Lakewood (75214), the M Streets and Lower Greenville (75206), Oak Cliff, Bishop Arts and Kessler Park (75208), Lake Highlands (75238, 75243), Preston Hollow (75229, 75230), Uptown and Oak Lawn (75201, 75204, 75219), Far North Dallas (75252, 75287), and Pleasant Grove (75217, 75227).
Texas basics that apply here: Texas has no transfer tax and no state income tax, and title insurance premiums are set by the Texas Department of Insurance. Property taxes are high and billed each October and paid in arrears, so lenders usually collect about 2–6 months of taxes into escrow at closing, depending on the closing month; the seller's prorated tax credit for the months they owned the home offsets part of that. Owner-occupants get the homestead exemption and a 10% cap on yearly appraisal increases after the first year. A cash-out loan on a homestead is limited to 80% of value under Section 50(a)(6). Statewide down payment help includes TSAHC (Homes for Texas Heroes, Home Sweet Texas) and TDHCA (My First Texas Home).
Closing costs are what it costs you to get the loan: origination, discount points, appraisal, and escrow and title. Cash to close also includes your prepaids (first-year homeowners insurance, daily interest to month-end, and an escrow deposit for your own future property taxes and insurance) plus your down payment. Prepaids aren't a cost of the loan; they're your own bills paid ahead. In Dallas, property-tax escrow (often 2–6 months, partly offset by the seller's prorated tax credit) and the first year of homeowners insurance are the main prepaids. Your actual closing costs depend on county, price and loan type, so we don't quote a one-size range: every line is itemized on your Loan Estimate, and our Bare Bones guarantee means we add no fees of our own. Compare states on our closing costs by state page.
Dallas, Collin, Denton and Tarrant counties: conforming $832,750 and FHA $563,500 for a one-unit home. Highland Park, University Park and Preston Hollow purchases usually need jumbo financing.
Conventional (as little as 3% down for eligible first-time buyers), FHA (3.5% down, 580+ score), VA (no down payment for eligible veterans with full entitlement), jumbo above the conforming limit, DSCR loans that qualify on rent, bank statement loans for self-employed borrowers, asset-based and 1099 loans, and rate-and-term or cash-out refinances. As a broker we compare wholesale lenders, more than 100 on complex files, instead of one bank's menu.
Terms for each are on its own page; see all iQRATE guarantees.
$563,500 for a one-unit home in the Dallas–Fort Worth counties. The conforming limit is $832,750.
About $2.72 per $100 of value in 2025 in the City of Dallas with Dallas ISD, before exemptions. Other parts of the county range from about 1.34% to 2.86%.
Not in single-family zones under the city's 2023 ordinance. They're allowed in multifamily and nonresidential zones with registration. The rule has faced litigation, so check its current status.
The Dallas Homebuyer Assistance Program, which offers up to $50,000, or $60,000 in high-opportunity areas, to income-qualified buyers in city limits.
Yes, if you qualify with both payments or the old home is under contract or leased with a documented lease.
Usually. Loans above $832,750 are jumbo loans.
It could be Dallas, Collin or Denton County. The appraisal district record shows your county, school district and tax rate.
Closing costs depend on the price, loan type and county, so yours are itemized on your Loan Estimate rather than quoted as a range. Closing costs are what it costs to get the loan (origination, points, appraisal, escrow and title). Cash to close also includes prepaids and your down payment; in Dallas, property-tax escrow (often 2–6 months, partly offset by the seller's prorated tax credit) and the first year of homeowners insurance are the main prepaids.
Most of our loans close in under 30 days. For eligible full-documentation conventional, FHA and VA purchases, our goal is 17 calendar days from signing initial disclosures.
Get My Custom Rate Now · or call (702) 766-3744
iQRATE Mortgages · NMLS 1862492 · 6360 S Rainbow Blvd Ste 101, Las Vegas, NV 89118 · Licensed in Nevada, California, Texas and Florida. David Ghazaryan, Mortgage Broker, NMLS 1486726. Verify us on NMLS Consumer Access. Equal Housing Opportunity. Programs, rates and terms change and are subject to credit, property and underwriting approval; local facts on this page come from the public sources below and are not legal or tax advice.
More: Texas mortgage broker · DSCR loans · Bank statement loans · Our guarantees · Closing costs by state
