×

Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Texas
  4. Pasadena
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Pasadena, TX

How much house can you afford in Pasadena? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Pasadena

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Guarantee Loan Service

Guarantee Loan Service focuses on helping clients repair their credit with clear, thorough explanations throughout the process. The team offers friendly, patient guidance that customers appreciate for making loan steps easier to understand. Some find the process detailed but generally value the professional and courteous approach.

View Profile
(713) 941-9962
Open 8:30 AM - 5:30 PM
1209 Main St Ste A, Pasadena, TX 77506
2

Capital Home Lending

Capital Home Lending leverages over 20 years of mortgage experience to offer personalized home purchase and refinance loans, helping clients navigate complex lending details with clear guidance. The team is known for attentive, patient service and thorough explanations, making the home loan process easier for first-time buyers and those with challenging situations.

Services & Prices
First-Time Home Buyer Assistance Quoted per loan
Refinancing Assistance Quoted per loan
Loan Pre-Approval Quoted per loan
View Profile
(281) 817-8037
Open 9:00 AM - 5:00 PM
4532 Pasadena Blvd Ste c, Pasadena, TX 77503
General Services
Home Loan Services
3

Security Finance

Security Finance offers accessible personal installment loans, even for those without perfect credit, along with tax preparation services. Customers appreciate the friendly and efficient team, who guide applicants through a straightforward process either online or in-branch. The company focuses on quick approvals and clear communication throughout.

View Profile
(713) 472-5626
Open 8:30 AM - 5:30 PM
1100 Pasadena Blvd #100, Pasadena, TX 77506
4

Regional Finance

Regional Finance focuses on providing straightforward loan services with a polite and helpful team. They assist customers seeking various financing options and are recognized for their courteous approach. Some clients note the process can take time, but the staff’s kindness is consistently appreciated.

View Profile
(832) 786-3844
Open 8:30 AM - 5:30 PM
1703 Shaver St, Pasadena, TX 77502
5

Tower Loan

Tower Loan focuses on providing personal loan options with an emphasis on affordable payments tailored to customers’ needs. The team offers straightforward loan services and is often described as friendly and helpful, making the process easy to navigate. Some clients appreciate the personable approach during their visits.

Services & Prices
Personal Loans Quoted per loan
Payday Loans Quoted per loan
Installment Loans Quoted per loan
View Profile
(713) 929-9894
Open 8:30 AM - 5:30 PM
Fairmont Pkwy 1001 G, Pasadena, TX 77504
General Services
Loan Services
Where they are 10 on the map Click a pin for the profile and directions
6

First Community Mortgage

First Community Mortgage is recognized for its ethical business practices and commitment to diversity, earning multiple awards in these areas. They offer home loan services including purchase and refinancing support, along with helpful tools like a mortgage checklist and calculator. Customers appreciate the team’s clear communication and patient guidance throughout the process.

View Profile
(800) 464-8626
Open 8:00 AM - 5:00 PM
825 Fairmont Pkwy #100, Pasadena, TX 77504
7

Michael Velez - Mortgage Expert

Licensed through the Nationwide Multistate Licensing System (NMLS), Michael Velez specializes in a wide range of mortgage loans, including conventional, FHA, jumbo, and refinance options. The team is known for clear communication and responsiveness, helping clients navigate complex situations with patience and practical solutions, though some may find the process detailed.

Services & Prices
First-Time Home Buyer Loans Quoted per loan
Refinancing Loans Quoted per loan
Jumbo Loans Quoted per loan
Pre-Approval Services Quoted per loan
View Profile
(281) 876-2369
Open 9:00 AM - 7:00 PM
3515 Preston Ave Ste 202, Pasadena, TX 77505
General Services
Home Loan Services
8

Southwest Funding

Southwest Funding LP focuses on building strong customer relationships while offering a wide range of mortgage products, including Conventional, FHA, Jumbo, VA, USDA, and renovation loans. Customers appreciate the clear communication and problem-solving skills of the loan originators, though occasional delays in appraisal timing have been noted.

View Profile
(832) 580-9522
Open 9:00 AM - 6:00 PM
4314 Green Tree Ct, Pasadena, TX 77505
9

Terry Walters Mortgage

Terry Walters Mortgage specializes in guiding first-time immigrant homebuyers through the mortgage process with clear, step-by-step support. The team assists with both new mortgages and refinancing, often helping clients navigate unexpected challenges to ensure smooth closings. Customers appreciate their thoroughness and willingness to go the extra mile.

View Profile
(713) 398-1890
Open 8:30 AM - 5:30 PM
Alliance Mortgage Group LLC, 3515 Preston Ave, Pasadena, TX 77505
10

Alliance Mortgage Group LLC | Mortgages | Refinance

About Alliance MortgageAlliance Mortgage Group LLC is dedicated to providing exceptional customer service, prioritizing the needs of their clients. Leveraging extensive expertise in the residential lending sector, they encourage individuals to apply online to access their services. The company aims to simplify the mortgage process and assist clients in securing favorable rates for new home… more...

About Alliance MortgageAlliance Mortgage Group LLC is dedicated to providing exceptional customer service, prioritizing the needs of their clients. Leveraging extensive expertise in the residential lending sector, they encourage individuals to apply online to access their services. The company aims to simplify the mortgage process and assist clients in securing favorable rates for new home purchases or refinancing existing loans.Why Choose Alliance MortgageAlliance Mortgage Group LLC holds an NMLS ID of 251901 and 967259, indicating compliance with national mortgage licensing standards. They offer a range of loan programs tailored to diverse needs, including conventional, FHA, refinance, reverse, USDA, and VA loans. Their commitment to customer service is a cornerstone of their operation, ensuring a client-focused approach throughout the lending journey.Alliance Mortgage ServicesAlliance Mortgage Group LLC provides a comprehensive suite of mortgage solutions. They specialize in purchase and refinance loans, catering to various client requirements. Additionally, they offer specialized loan programs to accommodate unique situations. Clients can utilize their online application portal, mortgage calculators, and informative resources like loan process guides and glossaries to facilitate their home financing decisions. They serve clients seeking to buy a new home or refinance their current mortgage.Key DifferentiatorsAlliance Mortgage Group LLC offers a variety of loan programs, including conventional, FHA, and VA loans. They provide online application tools and mortgage calculators for client convenience. The company emphasizes quality customer service and has multiple NMLS IDs, suggesting a robust and compliant operational framework.

View Profile
(281) 487-9700
Open 9:00 AM - 6:00 PM
3515 Preston Ave, Pasadena, TX 77505

Pasadena Mortgage Statistics

Home-purchase lending in Harris County and home costs in Pasadena, TX (latest HMDA and Census data)

Lenders made 43,310 home-purchase loans in Harris County in 2025 (average about $389,000) and denied 9,616 — 18% of decided applications, compared with 19% across Texas, according to federal mortgage data (HMDA, CFPB). In Pasadena, the median home is worth $209,600 and 47% of owners have a mortgage, paying a median $1,820 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
43,3100%43,503 in 2024
Denial rate
18%TX 19%
Median home value
$209,600TX $283,800
Monthly cost with a mortgage
$1,820median · TX $2,106
Refinance loans made (Harris County, 2025)
13,453 · 9,954 in 2024
Home-improvement loans made (2025)
2,432
Average home-purchase loan
$389,000 (TX $364,000)
Owners with a mortgage
47% · 33% of them spend 30%+ of income on housing
Median household income
$64,927 (TX $78,476)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Harris County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Pasadena Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Guarantee Loan Service 4.9 348 — (713) 941-9962 Visit
2 Capital Home Lending 5.0 154 Quoted per loan (281) 817-8037 Visit
3 Security Finance 4.9 141 — (713) 472-5626 Visit
4 Regional Finance 4.6 116 — (832) 786-3844 Visit
5 Tower Loan 4.9 67 Quoted per loan (713) 929-9894 Visit
6 First Community Mortgage 5.0 20 — (800) 464-8626 Visit
7 Michael Velez - Mortgage Expert 5.0 10 Quoted per loan (281) 876-2369 Visit
8 Southwest Funding 5.0 10 — (832) 580-9522 Visit
9 Terry Walters Mortgage 5.0 2 — (713) 398-1890 Visit
10 Alliance Mortgage Group LLC | Mortgages | Refinance 5.0 1 — (281) 487-9700 Visit

How this Pasadena mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Texas rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 1.25% of the home's value a year, the Texas average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can qualify for based on income, debts, down payment, and interest rate. It includes PMI and property tax.
What debt-to-income ratio do lenders use in Texas?
Lenders typically cap housing costs at 31% of gross monthly income and total debt payments at 43%.
What's the minimum down payment for a house in Pasadena, TX?
Minimum down payments are 3% for conventional first-time buyer loans and 3.5% for FHA loans.
How does PMI affect my mortgage in Texas?
With less than 20% down on a conventional loan, PMI adds about 0.6% of the loan per year, removable once the balance is below 80% of the home's value.
How do interest rates impact how much house I can afford?
Higher rates increase monthly payments, reducing the maximum home price you can afford. Rates change weekly.
How do my debts affect my mortgage qualification in Pasadena?
Debts reduce the amount you can borrow since total debt payments are capped at 43% of your gross monthly income.
What is the property tax rate in Texas?
The property tax rate is about 1.25% of the home's value per year for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit, giving a more accurate borrowing limit. Pre-qualification is an initial estimate without verification.
What does a mortgage broker do?
A mortgage broker helps find and negotiate loan terms between borrowers and lenders, offering access to various loan options.

General information, not financial advice — consult a qualified professional.