Katy Mortgage Broker - Silver Mortgage
Katy Mortgage Broker. Affordable, Reliable, Fast and 5-star rated Since 1981.
$0 Cost to Apply. Fast & Free Quotes. Same Day Mortgage Pre-Qualification.
✅ Katy ISD is consistently ranked #1 in Houston area for academics and extracurriculars
✅ Master planned communities with resort-style amenities • Pools • Fitness centers • Trails
✅ Serving Katy homeowners since 1981: Cinco Ranch, Grand Lakes, Seven Meadows, and beyond
What Our Clients Say
“I have been working with them for 8 years now and Steve and his team are the best!!” — Christiane Pimentel, 2025
“Steve wasn’t just our mortgage guy, he was our advocate.” — Bob B., Houston, 2013
“Silver Mortgage is a company you can trust to provide the lowest rates in Houston, along with exceptional quality and speed.” — Javier B., Houston Heights, 2025
TL;DR – Katy Mortgage Broker Quick Facts
- Serving Katy since 1981: 44+ years financing homes in Cinco Ranch, Grand Lakes, Seven Meadows, and all Katy neighborhoods
- Access to 20+ lenders with one credit pull: $0 application fee and $0 upfront fees
- Direct access to your loan processor: Local processing from application to closing in 21-30 days
💡 Key Insight: Refinancing in Katy in 2026
As interest rates decline, refinancing your home in Katy could lower your monthly mortgage payment. We offer multiple refinance options:
- FHA Streamline Refinance – No appraisal, reduced documentation, faster processing
- VA Streamline Refinance (IRRRL): Minimal docs, refinance up to 100% LTV
- Rate and Term Refinance: Lower your rate or change your loan term
- Cash Out Refinance: Access your equity (Texas 80% LTV limit under Texas law)
As a mortgage broker with wholesale lender access, we can compare 20+ lenders to find you competitive mortgage refinance rates in Katy. $0 application fee, $0 upfront fees and just 1 credit pull. Typical timeline to closing: 21-30 days.
💡 Quick Tip: Buying in Katy ISD School Zones
Katy ISD is consistently ranked #1 in the Houston area for academics, athletics, and extracurriculars. Homes within Katy ISD boundaries (Cinco Ranch, Grand Lakes, Seven Meadows, Elyson) are in high demand. We specialize in Katy home loans for families relocating for top-rated schools.
Process: We compare 20+ wholesale mortgage lenders with just one credit report to find you competitive mortgage rates—one credit pull, you choose the best mortgage rate and loan terms that fit your Katy mortgage needs. Same Day Mortgage Pre-Qualification. Timeline: 21-30 days to close, $0 application fee.
Cinco Ranch – Grand Lakes – Seven Meadows – Elyson – Jordan Ranch – Cross Creek Ranch – Firethorne – Cane Island
✓ Serving Katy homeowners since 1981
✓ Access to 20+ lenders with one credit pull—$0 application fee, $0 upfront fees
✓ Local processing from application to closing
Why Katy?
Katy ISD—Consistently Ranked #1 in Houston Area
Here’s what that actually means:
🏫 Katy ISD schools consistently ranked #1 — top academics, athletics, and extracurriculars in Houston
🏊 Master-planned communities with resort-style amenities — pools, lazy rivers, fitness centers, trails
🏡 Affordable family-friendly housing — lower price per square foot than Woodlands/Sugar Land
🎭 Family-oriented community — parks, events, festivals, safe neighborhoods
💼 Energy Corridor proximity — short commute to major employers
🏗️ Newer construction and modern neighborhoods — built for today’s families
The only Houston suburb where you can:
- Access Katy ISD schools (consistently ranked #1 in Houston area)
- Live in master-planned communities with resort-style waterparks and lazy rivers
- Get more home for your money (affordable pricing vs. other top suburbs)
- Enjoy family-friendly events, festivals, and community activities year-round
Located 30 miles west of Houston in Harris and Fort Bend counties,
Katy offers families top-rated schools, resort-style amenities, and affordable master-planned living,
making it one of Houston’s most popular suburbs for young families.
Mortgage Rate Quote
$0 application fee. $0 upfront costs
Same Day Mortgage Pre-Qualification
Katy
Mortgage Options
Conforming - Non-Conforming
FHA-VA
Purchase - Refinance
Cashout - HELOC
Renovation-Construction
Lot-Land Loans
Investment - DSCR
Local Mortgage Processing
Close in 21-30 days.
Fast closings at no extra cost
📊 Did You Know? One Credit Pull = 20+ Lender Options
When you apply with Silver Mortgage, we pull your credit once and use that single report to access wholesale mortgage rates from 20+ lenders. This protects your credit score while giving you maximum Katy home loan options.
Compare this to: Applying with 5 different Katy mortgage lenders = 5 credit pulls = potential credit score impact. With us: 1 credit pull, 20+ lender options, $0 application fee, Same Day Mortgage Pre-Qualification.
Buying or Refinancing in Katy?
The Katy Neighborhoods We Serve
Silver Mortgage provides mortgages for homes throughout Katy and the surrounding areas of Fort Bend, Harris, and Waller counties.
Cinco Ranch
One of Katy’s largest and most established master-planned communities, Cinco Ranch is known for its resort-style amenities, numerous parks, and highly-rated schools. We specialize in financing both resale homes and new construction within this premier Katy neighborhood.
Grand Lakes
True to its name, Grand Lakes is distinguished by its series of beautiful man-made lakes, lush greenbelts, and family-friendly atmosphere. It offers a variety of home styles and excellent community amenities, including pools, tennis courts, and walking trails.
Seven Meadows
A premier golf course community centered around the Meadowbrook Farms Golf Club, Seven Meadows offers luxury living with a range of home styles and prices. This established neighborhood features beautiful landscaping, community pools, and parks.
Elyson
As one of Katy’s newer and fastest-growing master-planned communities, Elyson is known for its modern homes, community cafe, and resort-style amenities.
Jordan Ranch
Another of Katy’s popular new-construction communities, Jordan Ranch, offers a family-oriented lifestyle with unique amenities like a lazy river and a state-of-the-art fitness center. Our team understands the financing nuances of new construction and can help you secure the perfect loan for your new home in Jordan Ranch.
❓ What If You’re Relocating to Katy?
Moving to Katy for a job at the Energy Corridor, Texas Medical Center, or for Katy ISD schools? We specialize in Katy relocation mortgages—including out-of-state income verification, job offer letters, and flexible document submission options.
Relocation Process: Same Day Mortgage Pre-Qualification, remote document signing, $0 application fee. We compare 20+ wholesale mortgage lenders to find you competitive mortgage rates—you choose the best mortgage fit for your Katy relocation needs. Timeline: 21-30 days to close.
Katy at a Glance
| 📍 Location | 30 miles west of Houston |
| 🏛️ Counties | Harris County & Fort Bend County |
| 🏫 Schools | Katy ISD (top-rated) |
| 🏘️ Neighborhoods | Cinco Ranch, Elyson, Cane Island, Cross Creek Ranch |
| 💰 Median Home Price | ~$400,000-$500,000 |
| 📊 Mortgage Loan Programs | FHA, VA, Conventional, Jumbo, Renovation |
🔍 Myth Debunked: “I Need 20% Down to Buy in Katy”
Reality: Most Katy first-time homebuyers put down 3-5%, not 20%. FHA loans require just 3.5% down. Conventional loans allow 3% down for qualified buyers. VA loans and USDA loans require $0 down payment for eligible borrowers.
Example: $350,000 Katy home × 3.5% FHA down payment = $12,250 down (not $70,000). We help you calculate your exact down payment, closing costs, and monthly mortgage payment—including PMI (Private Mortgage Insurance) if applicable. Same Day Mortgage Pre-Qualification, $0 application fee.
Katy Mortgage FAQs
How much will my mortgage cost in Katy?
Your mortgage cost in Katy depends on several key factors that affect your interest rate, loan terms, and approval:
What affects your mortgage cost:
- Loan Amount & Down Payment: Larger down payments (20%+) typically get lower mortgage rates and avoid PMI (private mortgage insurance). We offer programs with down payments as low as 3% and 0%+ for VA loans for veterans.
- Credit Score: Higher credit scores typically qualify for lower interest rates. We work with a variety of credit profiles to find you the best available rate for your situation.
- Debt-to-Income Ratio (DTI): Lower DTI ratios (typically under 43%) can help you qualify quickly for your mortgage. We help you calculate your DTI and structure your loan accordingly.
- Mortgage Insurance: Conventional loans with less than 20% down require PMI (Private Mortgage Insurance). FHA loans require MIP (Mortgage Insurance Premium) regardless of down payment. VA loans have a one-time VA Funding Fee (can be financed into the loan). These costs affect your monthly payment and/or upfront costs.
- Employment Status: W-2 employees, self-employed, and business owners have different documentation requirements and pricing.
- Documentation Type: Full documentation (e.g., W-2, 1099, K-1, tax returns) typically qualifies for the lowest mortgage rates. Alternative documentation programs (bank statement loans, asset depletion, DSCR for investors) may have slightly higher rates but offer flexibility for self-employed borrowers and real estate investors.
- Property Type: Single-family homes typically qualify for lower mortgage rates. Condos, multi-family, and manufactured homes may have slightly higher rates.
- Property Use: Primary residence gets the lowest rates. Second homes and investment properties have slightly higher rates due to increased lender risk.
What Silver Mortgage provides:
- $0 Application Fee and $0 Upfront Fees to get started
- Loan Estimate within 3 business days showing your rate, monthly payment, and all costs
- We explain every line item – no hidden fees.
- Third-party fees: Credit report (~$95) and appraisal (~$595 for conforming loans) paid directly to vendors with no markups.
How much does a mortgage broker cost in Katy?
Mortgage broker compensation in Texas can be lender-paid or borrower-paid, but not both. We provide transparent disclosure upfront.
At Silver Mortgage, you’ll receive a detailed Loan Estimate within 3 business days showing whether compensation is lender-paid (built into your rate) or borrower-paid (paid at closing). We offer both options upfront, along with Non-Delegated Correspondent (“direct mortgage lender”) options, to provide you with the most choices. We’ll explain both and help you choose what’s best for your home loan in The Woodlands.
There are no hidden fees, and you’ll know exactly what you’re paying before you commit.
You pay vendors directly for essential services like the credit report (~$95, paid to the credit bureau) and appraisal (~$595, paid to the appraiser for a conforming loan). We don’t control or mark up these costs.
What Katy neighborhoods do you serve?
We serve all major Katy neighborhoods, including Cinco Ranch, Grand Lakes, Seven Meadows, Elyson, Jordan Ranch, Cross Creek Ranch, and Firethorne.
Our mortgage experience covers both established communities and new construction neighborhoods throughout Fort Bend, Harris, and Waller counties. We understand the unique financing requirements for each area, from luxury homes in Seven Meadows to first-time buyer properties in Elyson.
How long does it take to close a mortgage in Katy?
Are you a broker or a direct lender in Katy?
What mortgage loan programs are available in Katy?
Katy homebuyers and homeowners have access to FHA, VA, conventional, jumbo, USDA, renovation, and Texas cash-out refinance programs.
We offer all major loan programs for Katy mortgages: FHA loans (3.5% down), VA loans (0% down for veterans), conventional loans (as low as 3% down), jumbo loans for high-value Katy properties in Seven Meadows and Cinco Ranch, USDA loans for rural areas, FHA 203(k) and HomeStyle renovation loans, and Texas cash-out refinancing (up to 80% LTV under Texas law). We also specialize in loans for self-employed borrowers, real estate investors, and foreign nationals buying Katy property. Same Day Mortgage Pre-Qualification, $0 application fee.
How much do I need for a down payment on a Katy home?
Down payment requirements for Katy homes vary by loan program: FHA loans require 3.5% down, conventional loans require as little as 3% down for first-time homebuyers or 5% for repeat buyers, VA loans require 0% down for eligible veterans and active military, and jumbo loans typically require 10-20% down.
For example, a $400,000 home in Cinco Ranch with an FHA loan requires $14,000 down (3.5%), while a VA loan requires $0 down. We compare 20+ wholesale mortgage lenders to find you competitive mortgage rates with your down payment amount—one credit pull, you choose the mortgage rate and loan terms that fit your needs. Same Day Mortgage Pre-Qualification, $0 application fee.
*Disclosure: Direct lending services and wholesale are provided through Secure Financial Services, Inc. (NMLS #70160), an affiliated company. Steve Silver (NMLS #314817) is a licensed loan originator for both Silver Mortgage Funding Group, LLC (NMLS #360472) and Secure Financial Services, Inc. (NMLS #70160).
Ready to Get Your Katy, Texas Mortgage Quote?
No upfront costs. No obligations. Local Katy, Texas mortgage lender since 1981.
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Popular Loan Programs in Katy
• Conforming Mortgage
• FHA Mortgage
• VA Mortgage
• Jumbo Mortgage
• Refinance Mortgage
• First-Time Homebuyer Mortgage
• Investment Property Mortgage
• Cashout–Home Equity
• HELOC
• DSCR
• Land-Lot Loans
• Self-Employed
• Bank Statement Mortgage
• Reverse Mortgage
• Construction – Perm Financing