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325-673-5544

Broker License
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Prequalification Calculator

To get a sense of how much you may be able to borrow, fill in the form below and click on the calculate button. Please note that prequalification is different from a preapproval. Prequalification gives you an estimate of how much you may be able to borrow. Preapproval, on the other hand, indicates that you have been approved for a set loan amount prior to property selection.


Monthly Income	$
Monthly Debt/Payments Include only loans that won't be paid off in 10 months	$
Loan Terms You Desire
Interest Rate %	%
Term	Years
Down Payment (% of Sales Price)	%
Expected Taxes & Insurance If you don't know what your property taxes and insurance will be, leave this section blank. We will estimate it for you. Otherwise, please enter your estimated taxes and insurance.
Yearly Property Tax	$
Yearly Property Insurance	$

TEXAS SAVINGS AND LOAN DEPARTMENT COMPLAINT AND RECOVERY FUND NOTICE

SOUTHWEST MORTGAGE IS LICENSED UNDER THE LAWS OF THE STATE OF TEXAS AND BY STATE LAW IS SUBJECT TO REGULATORY OVERSIGHT BY TEXAS SAVINGS AND LOAN DEPARTMENT. ANY CONSUMER WISHING TO FILE A COMPLAINT AGAINST SOUTHWEST MORTGAGE SHOULD COMPLETE, SIGN AND SEND A COMPLAINT FORM TO THE TEXAS SAVINGS AND LOAN DEPARTMENTS, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE DOWNLOADED AND PRINTED FROM THE DEPARTMENT'S WEB SITE LOCATED AT WWW. SML.STATE.TX.US OR OBTAINED FROM THE DEPARTMENT UPON REQUEST BY MAIL AT THE ADDRESS ABOVE, BY TELEPHONE AT ITS TOLL-FREE CONSUMER HOTLINE AT 1-877-276-5550, BY FAX AT 512-475-1360, OR BY EMAIL AT SML@SML.STATE.TX.US.

THE DEPARTMENT MAINTAINS THE MORTGAGE BROKER RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN TYPES OF JUDGMENTS AGAINST A MORTGAGE BROKER OR LOAN OFFICER. NOT ALL CLAIMS ARE COMPENSAVLE AND A COURT MUST ORDER THE PAYMENT OF A CLAIM FROM THE RECOVERY FUND, PLEASE CONSULT SUBCHAPTER "F" OF THE MORTGAGE BROKER LICENSE ACT ON THE DEPARTMENT'S WEB SITE REFERENCED ABOVE.