Cash-Out Refinance in Texas | Fast Close Mortgage

Cash-Out Refinance in Texas — 2026 Limits & How to Apply

Looking for Cash-Out Refinance in Texas? Fast Close Mortgage is a Texas-licensed mortgage lender offering cash-out refinance with closing timelines as fast as 7 days. Whether you’re in Houston, Austin, or anywhere else in Texas, our team can help you get approved quickly and close on a competitive cash-out refinance rate. Texas cash-out refinances are governed by Section 50(a)(6) of the Texas Constitution — 80% LTV cap, 12-month seasoning requirement, owner-occupied only, no rental-property crossing. This is the single biggest unowned long-tail opportunity on the site.

2026 Cash-Out Refinance Loan Limits in Texas

The 2026 cash-out refinance limit in Texas generally follows the conforming loan limit: $806,500 in most counties, up to $786,750 in higher-cost areas. The LTV cap for cash-out refinances is typically 80% for conventional loans (75% in California).

For Texas homeowners, the equity you can extract depends on your home’s value, your existing mortgage balance, and the LTV cap. Texas cash-out refinances are governed by Section 50(a)(6) of the Texas Constitution — 80% LTV cap, 12-month seasoning requirement, owner-occupied only, no rental-property crossing. This is the single biggest unowned long-tail opportunity on the site.

What credit score do you need for Cash-Out Refinance in Texas?

The minimum credit score for a cash-out refinance in Texas is typically 620 for conventional loans, with better pricing at 740+. FHA cash-out refinances in Texas accept credit scores down to 580 with 3.5% equity. Most Texas lenders prefer 620+ for cash-out refinances due to the higher combined loan-to-value (CLTV) ratio.

For Texas homeowners considering a cash-out refinance, the credit score matters because it affects your interest rate. A 100-point score improvement can save $50-$100/month on a $300K cash-out refi over 30 years. Our team can help you evaluate whether to wait for a credit score improvement or proceed with current pricing.

How fast can I close Cash-Out Refinance in Texas?

Fast Close Mortgage closes most Texas cash-out refinances in 14 to 21 days. Cash-out refinances take longer than rate-term refinances because of the additional underwriting review for the equity withdrawal. Texas cash-out refi timelines can be extended by 3 to 5 days if there are appraisal issues or title work delays.

Why choose Fast Close Mortgage for Cash-Out Refinance in Texas?

Fast Close Mortgage is a Texas-licensed mortgage lender offering Cash-Out Refinance with closing timelines as fast as 7 days. Here’s why Texas buyers choose us:

Licensed in all 50 states. We serve Texas buyers plus 49 other states with consistent service and pricing.
Dedicated Texas loan officer. Each Texas borrower is assigned a local loan officer who understands Texas-specific market conditions, county loan limits, and closing timelines.
Fast closing. Most Texas Cash-Out Refinance close in 7 to 21 days, depending on the loan type.

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Texas Cash-Out Refinance FAQ

Texas cash-out refinances are governed by Section 50(a)(6) of the Texas Constitution. The 2026 limit is 80% of the home’s value (combined loan-to-value). Section 50(a)(6) also requires 12-month seasoning on the existing mortgage, owner-occupied only, and prohibits rental-property crossing. This is the most restrictive cash-out refi rule in the U.S.

Texas cash-out refinances under Section 50(a)(6) allow you to pull out up to 80% of your home’s value minus your existing mortgage balance. For a $400K home with a $200K existing mortgage, you could pull out up to $120K (80% of $400K = $320K minus $200K = $120K).

Texas Section 50(a)(6) requires that your existing mortgage be at least 12 months old before you can do a cash-out refinance. This prevents rapid equity-stripping. If your existing mortgage is less than 12 months old, you can do a rate-term refinance (no cash out) instead.

No — Texas Section 50(a)(6) cash-out refinances are for primary residences only. If you have a rental property in Texas, you would need a conventional portfolio cash-out loan (different rules, different pricing) or a DSCR loan. The owner-occupancy requirement is strict.

Fast Close Mortgage closes most Texas cash-out refinances in 14 to 21 days. TX has a streamlined title and recording process. Section 50(a)(6) closings add 1 to 2 days for the constitutional documentation package required by Texas law.

2026 Cash-Out Refinance limits in Texas

$2,000,000 statewide. Texas has the highest VA loan volume of any state.

What credit score do you need for Cash-Out Refinance in Texas?

620 minimum for 0% down VA loan; lenders often prefer 660+ for best pricing.

How fast can I close Cash-Out Refinance in Texas?

14–21 days for most Texas VA loans. VA appraisal + NOV adds 1–2 weeks.

Why choose Fast Close Mortgage for Cash-Out Refinance in Texas?

Fast Close Mortgage is Texas-licensed; we work with VA-approved appraisers statewide.

Cash-Out Refinance FAQ

How much equity can I pull out?

Typically up to 80% of your home's value minus what you owe.

How long does a cash-out refi take?

14–30 days. Appraisal adds 5–10 days depending on the market.

What can I use the cash for?

Any purpose — home improvements, debt consolidation, education, large expenses. Lenders do not restrict the use of cash-out funds.

Is the interest on a cash-out refinance tax-deductible?

Generally only the interest on the portion of the loan used to buy, build, or substantially improve your home is deductible (consult a tax advisor).

Other states

Fast Close Mortgage is licensed in Texas and all other 49 states. NMLS ID available on request. Equal Housing Opportunity.