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Reviewed by David Ghazaryan, Mortgage Broker, NMLS 1486726 · iQRATE Mortgages · Last updated: October 13, 2026
Quick answer
A Laredo mortgage broker compares many lenders for the FHA, conventional, VA, ITIN and investor loans used in Webb County. iQRATE Mortgages (NMLS 1862492) is licensed in Texas and shops more than 100 lenders on complex files. Webb County's 2026 limits are $832,750 conforming and $541,287 FHA. For 2025, the City of Laredo rate is $0.50609 per $100, Laredo ISD $1.1568, United ISD $0.721655 and Webb County $0.3825.
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5.0 stars from 87 reviews on Experience.com (October 2026) · Read David's reviews on Experience.com
Laredo is the busiest land port on the US-Mexico border, so trade, logistics, customs brokerage and trucking drive the economy. Buyers include logistics workers, business owners with cross-border income, federal employees and families who file taxes with an ITIN.
Part of our Texas mortgage broker coverage. We're licensed in Texas under company NMLS 1862492 and work Laredo files from our Las Vegas office, closing with local escrow and title.
Areas and ZIPs we lend in: north Laredo (78041, 78045), central Laredo (78040), south Laredo (78046), east Laredo (78043) and Rio Bravo and El Cenizo (78046).
The school district can change the tax bill a lot. For 2025, Laredo ISD's rate is $1.1568 per $100 and United ISD's is $0.721655. Most north Laredo subdivisions are in United ISD. We price escrow for your actual address.
ITIN borrowers can qualify through non-QM ITIN programs, usually with a larger down payment. Income from a business in Mexico can be hard to document; lenders usually need US tax returns showing the income. Truck drivers and logistics workers with per-diem pay need it documented over two years.
Customs and Border Protection officers and other federal workers have stable pay that lenders like. Overtime and locality pay count with a history.
Illustrative only, not a quote or offer. On a $250,000 home inside the City of Laredo, the 2025 city rate of $0.50609 per $100 is about $1,265 a year and Webb County's $0.3825 adds about $956. After the $140,000 school homestead exemption, United ISD's $0.721655 rate is about $794 and Laredo ISD's $1.1568 rate is about $1,272. Laredo College adds $0.229249. Local exemptions can lower the city and county shares.
World Trade Bridge and the Colombia Solidarity Bridge carry much of the truck traffic between the US and Mexico, so many Laredo buyers work for freight forwarders, customs brokers, warehouses and trucking firms. Owner-operators file Schedule C returns, and lenders use net income after expenses; bank statement loans can help when write-offs are large.
Subdivisions off Mines Road, Loop 20 and Del Mar Boulevard are growing. Ask whether the lot is in United ISD and whether a utility or improvement district adds a tax.
Self-employed and cross-border buyers should gather two years of US tax returns, a year-to-date profit and loss statement, and bank statements. If your income is paid in pesos, lenders convert it and want proof it's stable. Many Laredo buyers have family members on the loan; a non-occupant co-borrower can help with FHA and conventional loans.
Customs and Border Protection, Border Patrol and other federal agencies employ many Laredo residents, and veterans can use VA loans with no down payment. VA funding fees are waived for veterans with service-connected disability ratings.
South Texas clay soils and long summers can cause foundation movement and heavy cooling bills. Older homes in the Heights and El Azteca may need foundation or roof work. Ask for utility bills, because lenders don't count them in your ratios, but they affect what you can afford each month. A renovation loan can finance repairs at purchase.
Small towns south of Laredo along the river have lower prices and older housing, with some properties on septic. Webb County taxes apply, and city taxes depend on the town.
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 Laredo, 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.
Webb County: conforming $832,750 and FHA $541,287 for a one-unit home (FHFA and HUD).
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.
For 2025, the city is $0.50609 per $100, plus school, county and college rates.
Yes, for 2025: $0.721655 vs. $1.1568 per $100.
Yes, through ITIN programs, usually with 10–20% down.
$541,287 for a one-unit home. The conforming limit is $832,750.
Usually only if it's documented on US tax returns.
Yes, with a two-year history.
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 Laredo, 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
