Texas refinancing has a twist no other state has: the Texas Constitution's Section 50(a)(6) rules govern any refinance that takes cash out of a homestead, and not every lender is willing or equipped to originate those loans. So "best refinance company in Texas" has two answers — the best lenders for a straightforward rate-and-term refinance, and the shorter list that handles Texas cash-out well.
Disclosure: This page is published by Lendtrain — Atlantic Home Mortgage, LLC dba Lendtrain, NMLS #1844873, lendtrain.com, a mortgage broker licensed in Texas — and Lendtrain appears in the list below, clearly labeled. No other lender listed pays us for inclusion or placement.
How we compare (and why no rates are printed)
Pricing changes daily and depends on your credit, equity, and loan size — a printed competitor rate would mislead you by Friday. Structure doesn't change daily: how each lender operates, what it's best at, and whether it does Texas (a)(6) loans at all. Collect two or three same-day Loan Estimates and compare them with our lender comparison method.
The short list for Texas
| Lender | Type | Strongest fit |
|---|---|---|
| Rocket Mortgage | National retail lender | Digital-first borrowers; handles Texas (a)(6) |
| Chase | National bank | Existing Chase customers wanting banking and mortgage in one place |
| Guild Mortgage | Retail lender with branches | Borrowers who want a local loan officer in Texas |
| Better | Online lender | Low-touch, cost-conscious rate-and-term refis |
| A Texas credit union (e.g., RBFCU, Amplify) | Credit union | Members who value relationship pricing |
| Lendtrain (that's us) | Mortgage broker | Shopping multiple wholesale investors at once |
Rocket Mortgage
The biggest digital lender in the country and a high-volume Texas originator, including (a)(6) cash-out. Strong app, strong servicing tech. One retail menu, though — verify its competitiveness with a same-day outside quote.
Chase
The largest bank in the country, with branches across Texas. A fit if you already bank there and want the loan alongside your accounts — and it's worth asking what your relationship qualifies you for. For homestead cash-out, confirm early that they'll originate a 50(a)(6) loan for your scenario; bank menus and timelines are more conservative than nonbank lenders'.
Guild Mortgage
A retail lender with physical branches and loan officers across Texas. If you want a human who knows Texas closings walking your file through, this model earns its cost — just compare its Loan Estimate against a leaner channel so you know what the service costs.
Better
An online, low-overhead model suited to simple rate-and-term refinances where you're comfortable self-serving. For homestead cash-out with (a)(6) mechanics, confirm program availability early in the conversation.
Texas credit unions
Texas has some of the strongest credit unions in the country — RBFCU (San Antonio/Austin), Amplify (Austin), and others. For members, pricing and fee structures can be genuinely competitive, and servicing usually stays in-house. Membership requirements and slower timelines are the trade-offs.
Lendtrain — our entry, clearly labeled
We're a broker: one application priced across multiple wholesale investors, rate and APR side by side, and a quote takes about a minute with no hard credit pull. Texas is one of our ten licensed states. Where we're the wrong choice: if you want one brand originating and servicing your loan for its life, or you need FHA (we don't offer FHA loans).
The Texas 50(a)(6) rules every cash-out borrower hits
If your refinance takes any cash out of a Texas homestead, state constitutional rules apply on top of normal underwriting:
- 80% combined LTV cap. Your total home-secured debt after closing can't exceed 80% of the home's fair market value — no exceptions, including for VA loans that would otherwise allow more.
- 2% fee cap. Lender fees (excluding certain third-party items like appraisal, survey, and title premiums) are capped at 2% of the loan amount.
- 12-day waiting period. Closing can't happen until at least 12 days after you apply and receive the required Texas disclosure.
- Once every 12 months. A new (a)(6) loan can't close within a year of the last one.
- "Once (a)(6), always (a)(6)"— mostly retired. Since the 2017 amendment, an existing home-equity loan can generally be refinanced as a regular rate-and-term loan after a year if no new cash is taken and other conditions are met — a nuance worth asking any Texas lender to walk you through.
These rules are why some national lenders quietly don't offer Texas cash-out. Ask "do you originate 50(a)(6) loans?" before investing time in an application.
FAQ
Who has the best refinance rates in Texas? It changes daily and by file. The dependable answer is whoever wins a same-day, same-structure Loan Estimate comparison across two or three lenders on this list.
Can I take cash out above 80% of my home's value in Texas? Not on a homestead — the 80% combined LTV cap is constitutional, and it binds even VA cash-out loans that could go higher elsewhere.
Why do fewer lenders offer cash-out refinancing in Texas? The (a)(6) rules add legal and operational requirements (fee caps, disclosures, waiting periods) that some lenders choose not to support. The lenders that do handle them routinely are used to the timeline.
Does the 12-day rule delay every Texas refinance? Only home-equity (cash-out) refinances on a homestead. A straight rate-and-term refinance with no cash out isn't subject to it.
Atlantic Home Mortgage, LLC dba Lendtrain, NMLS #1844873, lendtrain.com. Equal Housing Opportunity. Educational content including Lendtrain among the options; not a commitment to lend. Texas home-equity lending is governed by Article XVI, Section 50 of the Texas Constitution — verify current program terms with any lender, and licensing at NMLS Consumer Access.