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100 percent financing mortgages

Shopping for the lowest texas mortgage and refinance rates? Save money by comparing your free, customized Texas mortgage and refinance rates from NerdWallet. We’ll show both current and historic.

If you took out a mortgage loan that didn’t require a down payment — a 100 percent mortgage — you might struggle to refinance that loan depending upon how long you’ve owned your residence. Most conventional mortgage lenders require that you have at least 20 percent equity in your home before they’ll approve you for.