Couple and dog in home with moving boxes.


mortgage icon Mortgages that fit you

Mortgage Lender in Houston, Texas

Experienced mortgage professionals to guide you through every step .

Are you looking for a reputable mortgage lender in Houston, Texas? Look no further than Texas Bay Credit Union. Buying a home is one of the most important and largest investment decisions you might ever make. Our team understands that and whether you are a first-time home buyer or looking to refinance, our professional mortgage loan officers will truly be your partner throughout the entire process. They will answer all your questions and be there to help guide you through the process with the common goal of getting you that dream mortgage so you can move into your dream home.

Our team is ready to help you get pre-qualified so you can determine the loan amount that works with your budget. Then get pre-approved before you begin looking at homes or visit a realtor.

Meet our Mortgage Loan Officer

With a Texas Bay Mortgage you can count on... 

  • Historically Low Rates
  • Fast Closings
  • Flexible Terms
  • Easy Online Application
  • Experience
  • And MORE!!!
Applying online is as easy as 1-2-3.

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Annual Escrow Review

On an Annual Basis, Texas Bay Credit Union reviews your escrow account to ensure we have enough to
pay your upcoming taxes and/or insurance premiums.

Any differences between what we expected to pay out and what we actually paid out could impact
whether your escrow account has a shortage, deficiency or a surplus.

Shortage occurs when you do not have enough money in your escrow account to start off the year. The
system calculates how much we’re going to pay out this year while still making sure we don’t go below
the required minimum balance in the account. If you have a deficiency or shortage, it will automatically be spread out over the next 12 months, unless you bring the shortage/deficiency payment in before the deadline of February 25, 2021.

Deficiency means that your escrow account actually went negative after we paid all of the taxes and
insurance amounts for this year (March to March). If you have a deficiency, you will also have a
shortage. This will also be spread over the next 12 months and added your base escrow payment if not
paid before the deadline of February 25, 2021.

Surplus occurs when you have more than enough in your escrow account to start off the year. Any
applicable additional funds will be mailed to you in the form of a check on March 1.

What is the last day to bring in my funds for the deficiency and/or shortage?
February 25, 2021.

Will my escrow payment amount change from year to year?
It is highly likely it will change. The escrow payment amount is made up of your taxes and insurances for
the whole year, divided by 12. So if the the taxes and/or insurance premiums change the escrow payment
amount will change.

For information purposes only. 

Ready to work with one of our Mortgage Team Members?

Our team of mortgage professionals are here to help answer questions and assist you in moving into the home of your dreams.

Contact us today

 NMLS #280545

Membership eligibility required. Relationship Product Discounts lower your rate up to a .50% reduction from the standard rate. The standard rate is based on your credit at the time of application. Discounts per product vary. A combination of products reach up to .50% rate reduction.
*To enter drawing, close a new mortgage loan with Texas Bay Credit Union in June 2021, July 2021, or August 2021. Requires approval. All new mortgage loan types offered by our mortgage department are eligible except for internal and outside refinances. Mortgage must be closed between June 1, 2021 and August 31, 2021 to be eligible. One (1) winner will be randomly selected from each month’s entries. June winner will be announced in July 2021. July winner will be announced in August 2021. August winner will be announced in September 2021. Odds of winning depend on the number of entries received. Only members of Texas Bay Credit Union in good standing and other persons within the Credit Union’s field of membership 21 or older are eligible to participate in the Drawing. Membership is required before utilizing any Credit Union product or service by establishing a savings account with $1. Officials and employees of the Credit Union and their family members are not eligible to participate in this Drawing. No purchase necessary to enter and win. To submit an entry without purchase or obligation, a handwritten form must be on a 3”x5” index card to include your name, address, your Texas Bay Credit Union member account number (if applicable), telephone number, date of birth, and the last 4 digits of your social security number. Each entry must be mailed to Texas Bay Credit Union, Attn: Marketing/Mortgage Giveaway, 12611 Fuqua St, Houston, TX 77034. Must be postmarked by June 30, 2021 for July Drawing, July 31, 2021 for August Drawing, or August 31, 2021 for September drawing. Limit one manual entry per person. The Credit Union assumes no responsibility for late, incomplete, stolen, or illegible entries. The Credit Union may discontinue this offer at any time. Promotional period is June 1, 2021 to August 31, 2021.