You searched for an Austin mortgage lender. You're in the right place.
Most people use "mortgage lender" and "mortgage broker" interchangeably — and that's completely fine. What you're really looking for is someone who can help you get a home loan in Austin at the best possible rate. That's exactly what we do.
My name is Russell Stout. I've been helping Austin homebuyers and homeowners close loans since 2002. Here's what makes working with me different from going to a single lender — and why that difference saves most clients thousands of dollars.
Mortgage Lender vs. Mortgage Broker — What's the Difference?
A mortgage lender is a bank, credit union, or financial institution that loans you money directly. They offer their own products at their own rates. You apply, they decide, and you get whatever they have available.
A mortgage broker is an independent professional who works with multiple lenders on your behalf. Instead of being tied to one institution, a broker shops your loan across dozens of lenders to find the best rate and terms for your specific situation.
As an Austin mortgage broker, I have access to more than 40 wholesale lenders. That means when you work with me, you're not getting one lender's offer — you're getting the best offer from a competitive pool of 40+.
Most people searching for an Austin mortgage lender end up getting a better deal when they work with a broker. That's not a sales pitch — it's math.
The $0 Lender Fee Difference
Here's where things get even better. When you go directly to a bank or lender, they typically charge $2,000–$5,000 in lender fees — origination fees, processing fees, underwriting fees, admin fees. These fees are in addition to your down payment and closing costs.
I charge zero lender fees.
That's not a promotion. That's how I operate. As an independent broker with low overhead, I don't need to build fees into every loan. The savings go directly to you — either in cash at closing or rolled into getting a lower rate.
For most Austin buyers, that's an immediate $2,000–$5,000 advantage over going to a traditional lender. See the full breakdown of what you save no-lender-fees-austin-mortgage/
What You Can Expect Working With an Austin Mortgage Lender Like Me
The process is the same as working with any lender — just with better options and no fees.
Step 1: Pre-approval. We talk through your situation — income, credit, down payment, target price range. I pull your credit and run your numbers across multiple lenders. Most clients have a pre-approval letter within 24–48 hours.
Step 2: Shopping your loan. Once you're under contract, I submit your file to the lenders best suited for your loan type and profile. You don't have to do anything — I handle the comparison.
Step 3: Closing. I've closed loans in as few as 15 days. I stay on top of the file, communicate clearly at every step, and make sure nothing falls through the cracks.
You get one point of contact — me — with access to the whole market behind it.
Loan Types Available in Austin
As your Austin mortgage lender, I can help with virtually any loan type:
Conventional loans — 3–5% down, competitive rates for buyers with solid credit
FHA loans — 3.5% down, flexible credit requirements, great for first-time buyers
VA loans — $0 down for veterans and active-duty military, no PMI
Jumbo loans — for Austin homes above conventional loan limits
DSCR loans — for investment properties, qualifying on rental income
Refinances — rate-and-term or cash-out, including Fannie Mae Title Acceptance
Not sure which loan type fits your situation? That's the first thing we figure out together — at no cost.
Why Austin Homebuyers Choose Texas Mortgage Consultants
There's no shortage of Austin mortgage lenders. Here's why clients keep choosing us:
$0 lender fees — you keep the money banks charge at closing
40+ wholesale lenders — more options means better rates
20+ years of experience — thousands of Texas loans closed since 2002
Fast pre-approval — 24–48 hours, no runaround
One person, start to finish — you work directly with Russell, not a call center
Learn more about how an independent broker works Why use a Mortgage Broker?
Ready to Get Started?
Whether you're buying your first home, moving up, or refinancing, the fastest way to find out what you qualify for is a quick conversation. I'll ask a few questions, run your numbers, and give you a straight answer — no pressure, no commitment.
Get Pre-Approved or Ask a Question Get Pre-Approved
Or call or text me directly: 512-423-4663
I'm happy to walk you through your options and help you figure out what makes the most sense for your situation.
Russell Stout | Texas Mortgage Consultants, PLLC | NMLS# 220896 | Company NMLS# 1843758 | Licensed by the Texas Department of Savings and Mortgage Lending | Equal Housing Lender | All loans subject to credit approval. Rates and terms subject to change without notice.
