Texas Premier Mortgage is a local lender in the community ready to help you on your next mortgage loan in Magnolia, TX! We offer purchase, refinance, and cash out loans. We also offer a variety of loan programs from FHA, VA, USDA, Conventional, and Jumbo mortgage loans. We understand the service and expectation to be transparent and close your loan on time. We’d love to speak with you about your next mortgage loans.

The Most Important Education is Working with a Loan Partner Who Understands You and Your Goals

Finding a mortgage lender who understands your needs and goals is of the utmost importance when you are searching for a partner who will help guide you through one of the most important purchases in your life.

At Texas Premier Mortgage, we believe everyone can achieve the dream of home ownership with the right guidance and support.  We also believe that we can assist you no matter what starting point you are at.  Striving to make the home loan process as simple and smooth as possible while providing an educational experience is our goal.

For over a decade we have helped thousands of home buyers achieve their ultimate goal of home ownership.  Owning has its benefits and doesn’t have to be a dream.  When you’re ready we would love an opportunity to help set you up for success on the road to home ownership.

To Watch Our Informative Video Go To: https://youtu.be/85ShmghtEtk

This video is informative and has a wealth of knowledge from the upfront process to underwriting and closing!

  • FHA Loans
    FHA is a common loan with several benefits to new and repeating home buyers.  The qualification requirements are easier than other loan options with only a 580 FICO credit score requirement, 3.5% down payment minimum, and flexible qualifications related to employment and income as compared to a conventional loan.  They also allow down payment assistance, which is an attractive feature for some borrowers. The down payment can also be gifted from a relative or employer. Texas Premier Mortgage also offer 0 closing costs on these loans and many times can credit money back to cover the remaining closing costs saving you thousands of dollars in upfront costs.
  • Conventional Loans
    Conventional mortgages are best for those who can afford to pay a larger down payment and might have an excellent credit core.  They also usually offer better loan terms than FHA with no upfront MI – mortgage insurance to pay to the lender.  The down payment mortgage options range from 3% – 5% down payment as a minimum requirement.
  • USDA Loans
    Offer 100% financing and a great option for a specific client and area of purchase. USDA loans are an excellent option for those who want to purchase a home in rural areas which we see on the outside boundaries of major cities, suburbs and other rural smaller communities in Texas.  They are available for low income to moderate income borrowers. There are specific limitations on this and specific areas we will help you identify that qualify.  There are many ways to structure your loan, so you get in the house for little to no money.
  • VA Loans
    Offer 100% financing for active duty military members and veterans.  These loans are the best loans in America with no PMI – private mortgage insurance tacked on the monthly payment. The interest rates are also often lower than most loans.
  • Jumbo Loans
    Any loan that does not meet the conforming or FHA loan limits is considered a jumbo loan over $484,350 effective January 1, 2019. We have a variety of options to choose if your first home is a jumbo mortgage loan.

Living in Magnolia, Texas – Community, Lifestyle, and Growth

Welcome to Magnolia, Texas

Magnolia, Texas, is a thriving small city nestled in southwest Montgomery County, just northwest of Houston. Known for its friendly atmosphere, scenic beauty, and growing economy, Magnolia offers residents the best of both worlds—small-town charm with convenient access to the Greater Houston area. Whether you’re considering a move, planning an investment, or just curious about the area, Magnolia stands out as one of the region’s most appealing communities.

A Community with Small-Town Charm

Magnolia is often described as a place where neighbors know each other, and community pride runs deep. The city is home to just over 3,000 residents within city limits, but its greater area serves tens of thousands more through nearby subdivisions and developments. This close-knit feel is paired with amenities such as local shops, farmers markets, and family-owned restaurants that keep the character of Magnolia authentic and welcoming.

Location and Accessibility

Magnolia’s location is one of its biggest advantages. Just 45 minutes from downtown Houston and 30 minutes from The Woodlands, residents enjoy access to major employment centers, shopping, healthcare, and entertainment. U.S. Highway 249, also called the “Aggie Expressway,” has expanded in recent years, making the commute to Houston quicker and boosting real estate growth throughout the corridor.

Education and Schools

Education is a key draw for families in Magnolia. The Magnolia Independent School District consistently receives solid ratings for its academic and extracurricular programs. The district operates multiple elementary, intermediate, junior high, and high schools, serving a growing student population. For higher education, Magnolia residents are within driving distance of Lone Star College campuses and major universities in Houston.

Parks and Outdoor Recreation

Magnolia embraces the outdoors with its parks, trails, and community events. Unity Park is the centerpiece of the city, featuring playgrounds, sports facilities, walking trails, and a splash pad. The park also hosts festivals, concerts, and seasonal celebrations, creating a strong sense of community connection. Nearby, the W.G. Jones State Forest and Lake Conroe provide additional opportunities for hiking, fishing, boating, and horseback riding.

Real Estate and Growth

The Magnolia area is experiencing steady population and housing growth. Homebuyers are attracted to its spacious lots, new master-planned communities, and balance of affordability compared to larger cities nearby. The area offers a wide range of housing options—from custom-built homes on acreage to modern subdivisions with family-friendly amenities.

Several large-scale developments are underway, including Magnolia Town Center, a 200-acre mixed-use community combining housing, retail, and entertainment. In addition, the Homeplace development will transform more than 2,000 acres into residential neighborhoods, bringing even more growth to the area over the next decade. These projects, along with infrastructure improvements, are shaping Magnolia into a key hub for families and businesses alike.

Economy and Business

While many residents commute to Houston or The Woodlands for work, Magnolia itself has a growing economy supported by small businesses, healthcare, and retail. New commercial developments are expanding the local job base and adding more convenience for residents. The city is also business-friendly, attracting investment that will diversify the local economy further in coming years.

Lifestyle and Community Events

Magnolia is a community that values tradition and togetherness. Popular events like the Magnolia Showdown barbecue cook-off, Christmas parades, and seasonal festivals bring residents together throughout the year. These gatherings highlight the town’s emphasis on family, faith, and friendship, making it an inviting place to call home.

Why Choose Magnolia?

Magnolia offers a unique combination of affordability, growth, and quality of life. For families, it provides excellent schools and safe neighborhoods. For investors, the city’s developments and infrastructure expansion make it a promising market. And for those simply seeking a welcoming community with access to Houston’s opportunities, Magnolia strikes the perfect balance.

Final Thoughts

Magnolia, Texas, is more than just a suburb—it’s a growing city with its own identity, rooted in small-town values while embracing progress. With strong schools, new developments, outdoor recreation, and a friendly community spirit, Magnolia continues to attract families, retirees, and businesses alike.

Whether you’re buying a home, looking for investment opportunities, or considering a move, Magnolia is a city worth watching in Montgomery County’s bright future.

THE DO’S & DON’TS DURING THE LOAN PROCESS

When starting the pre-approval process, you should not do anything that will have an adverse effect on your loan from this point through your closing date. It may be tempting to start opening credit cards for furniture and other miscellaneous items, but this is the time to keep your financial picture frozen in a stable position until your loan closes. The slightest mistake can cost you thousands of dollars or the ability to obtain financing.

FOR YOUR PRE-APPROVAL TO REMAIN VALID THROUGH THE PROCESS, FOLLOW THESE EASY STEPS:

DO’S:

  • Do stay current on your existing accounts.

Any late payments (existing mortgage, cars, credit cards, or anything else) on your credit will cost you dearly and can even keep you from getting financing.

  • Do keep using your credit as you normally would.

Now is not the time to start changing any patterns to your normal spending.

  • Do call your local mortgage expert.

It’s best to call if you have any questions or concerns before/during the loan approval.

DON’TS:

  • Don’t make any changes to your employment.

Quitting or changing jobs within the same company can wreck your entire loan approval.

  • Don’t apply for new credit.

No opening new accounts for furniture, appliances, computers, etc. until the loan has closed.

  • Don’t pay off collections or charge-off accounts.

This will usually result in lower scores. Do not do this unless we tell you otherwise.

  • Don’t make any adjustments or transfers in your assets.

Keep your money where it’s at. No deposits other than payroll.

  • Don’t over charge or max out your existing credit cards.

This is a quick way for your credit scores to drop. You want to keep the balance.

  • Don’t consolidate your debt to one or two cards.

Again, this could put you over the 30% threshold which would affect your credit scores.

  • Don’t close credit card accounts.

For more information about your next loan in Magnolia, TX, loan options and how it may apply to you, please contact us direct at 281-627-4222 or submit the quick quote form on this page.