Houston, TX

Best Mortgage Rates in Houston, TX

AI-powered mortgage matching for Houston homebuyers. Get pre-approved in minutes with access to 50+ lenders and the best rates available in Texas.

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$335,000

Median Home Price

6.50%

Avg. Mortgage Rate

$472,030

FHA Loan Limit

1.80%

Property Tax Rate

Houston Housing Market Overview

Houston is the energy capital of the world and one of the most affordable major cities in America for homebuyers. With a diverse economy spanning energy, healthcare, aerospace, and technology, Houston offers strong employment and housing options for every budget.

Houston offers exceptional value compared to coastal cities, with median home prices well below the national average. Flood zone considerations are important — our AI system identifies flood zone status and factors in flood insurance costs. No state income tax makes Houston even more affordable.

Popular Neighborhoods

The Woodlands
Sugar Land
Katy
Pearland
Heights
Montrose

Estimated Monthly Payments in Houston

Based on median home price of $335,000

Conventional Loan

$1,694/mo

Rate: 6.50%Down: 20%

Best for 700+ credit, lowest long-term cost

No PMI

FHA Loan

$1,990/mo

Rate: 6.25%Down: 3.5%

Best for first-time buyers, lower credit OK

MIP included

VA Loan

$2,008/mo

Rate: 6.00%Down: 0%

For veterans & military — zero down, no PMI

No PMI

Why Houston Homebuyers Choose Slate Financial

Pre-Approved in Minutes

Our AI analyzes your profile and matches you with the best loan programs instantly — no waiting days for a callback.

50+ Lender Network

We compare rates from over 50 lenders to ensure you get the absolute best deal available in the market.

AI-Powered Underwriting

Our AI looks beyond your credit score — analyzing 2,500+ data points for fairer, faster lending decisions.

Local Market Expertise

We understand the Houston market — neighborhoods, pricing, programs, and what it takes to win in this market.

Mortgage Programs Available in Houston

FHA Loans

Low down payment (3.5%) and flexible credit requirements. Perfect for first-time Houston homebuyers.

VA Loans

Zero down payment, no PMI, and the lowest rates available. For veterans and active-duty military.

Conventional Loans

Competitive rates for borrowers with good credit. PMI drops off at 20% equity.

Jumbo Loans

For Houston properties above the conforming loan limit. Competitive rates for high-value homes.

Refinancing

Already own in Houston? Lower your rate or tap into your equity with a cash-out refinance.

DSCR / Investment Loans

Qualify based on rental income, not personal income. Perfect for real estate investors.

Ready to Buy a Home in Houston?

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