Business Details
Your Trusted Texas Mortgage Broker for Home Loans
Lone Star Financing is a trusted Texas-based mortgage broker dedicated to helping individuals and families achieve homeownership. With over two decades of combined experience among our leadership team, we offer wholesale pricing, multiple lender options, and access to competitive rates through our network. Our streamlined loan process, in-house underwriting, and local expertise enable us to close loans in as little as 21 days across all Texas markets. We specialize in conventional, FHA, VA, USDA, jumbo, DSCR, and commercial loans, serving first-time buyers, refinancers, and real estate investors.Our commitment to integrity, transparent communication, and personalized service has established us as one of Texas' top mortgage companies. Headquartered in Plano with local loan officers statewide, we combine national capabilities with community-focused support. Our team of NMLS-licensed professionals maintains deep knowledge of Texas-specific lending requirements, ensuring clients receive tailored guidance from application through closing.
Services
New Home Purchase
Refinance
FHA Loans
VA Loans
USDA Loans
Jumbo Loans
DSCR Loans
Commercial Loans
Cash Out Refinance
First Time Buyers Loans
Highlights and features
- We offer in-house underwriting for faster loan approvals
- Local Texas expertise with state-wide service coverage
- Competitive rates and low fees across all loan programs
- Experienced NMLS-licensed loan officers with personalized service
- Consistently ranked among Texas' top mortgage companies
What people say
Quick to respond
Best communicators
Smooth process
Professional staff
Fast approvals
Services
New Home Purchase
We specialize in residential purchase loans for Texas homebuyers. Our offerings include conventional, FHA, VA, USDA, and jumbo loan options with competitive rates and low down payment requirements. Our local loan officers guide clients through every step from pre-approval to closing, leveraging in-house underwriting to expedite the process while maintaining strict compliance standards.
Cash Out Refinance
Our cash-out refinance program helps Texas homeowners access their home equity. This solution supports debt consolidation, home improvements, or major expenses while taking advantage of current low interest rates. We offer flexible terms and streamlined documentation for primary residences, investment properties, and second homes across all Texas markets.
DSCR Loans
Designed for real estate investors, our DSCR (Debt Service Coverage Ratio) loans qualify borrowers based on property cash flow rather than personal income. These non-QM loans feature up to 85% LTV financing, making them ideal for portfolio investors seeking to expand their Texas property holdings without traditional income verification requirements.
Commercial Loans
We provide commercial financing solutions for Texas businesses and investors. Our programs support purchases, refinances, and cash-out transactions up to $50 million with flexible structures and fast approvals. Our commercial team specializes in office buildings, retail centers, industrial properties, and multifamily complexes across Texas' major metropolitan areas.
First Time Buyers Loans
Our first-time homebuyer programs include FHA loans with 3.5% down, USDA loans with 100% financing, and Texas Heroes loans for essential workers. We provide personalized guidance through down payment options, credit qualifying assistance, and educational resources to make the initial home purchase process accessible and stress-free for Texas residents.
People
Brad Walters
President
With over 30 years in mortgage origination, Brad founded Lone Star Financing's parent company. A former multi-state branch manager and FDIC institution executive, he holds a BBA from Stephen F. Austin State University and previously led the North Texas Association of Mortgage Professionals as President.
Brett Dempsey
Branch Manager
NMLS #2014728 with a decade of Texas mortgage experience. Specializes in FHA, VA, conventional, and DSCR loans. Known for clear communication and commitment to simplifying the loan process for first-time buyers and investors across Dallas-Fort Worth and statewide markets.
Jen Papaelias
Senior Loan Officer
NMLS #2692859 brings 12+ years in residential and commercial lending. Specializes in conventional, FHA, VA, DSCR, and international transactions. Holds a Master's degree from Curtin University and provides multilingual support to Texas clients from diverse backgrounds.
Stephanie Pedley
Senior Loan Officer
NMLS #1087365 with 20+ years in residential lending. Expertise spans conventional, FHA, VA, and reverse mortgages. Former loan processor and underwriter with full-circle perspective of lending operations, ensuring personalized guidance for Texas homebuyers.
Kittrick Taylor
VP Commercial Lending
Commercial lending leader with nine years in property insurance and financial analysis. Specializes in commercial loan structuring and risk assessment. Active community supporter focused on veteran services and local economic development initiatives across Texas.
Questions
What types of mortgage loans do you offer in Texas?
We offer conventional, FHA, VA, USDA, jumbo, DSCR, and commercial loans for purchases and refinances across Texas.
How quickly can you close a mortgage loan?
With in-house underwriting, we typically close loans in 21 days or less statewide.
Are you a mortgage broker or direct lender?
We operate as both - a mortgage broker with wholesale pricing access and direct lender capabilities through our in-house underwriting team.
Do you offer first-time homebuyer programs?
Yes, including FHA loans with 3.5% down, USDA 100% financing, and Texas Heroes loan options for essential workers.
Can you help with investment property financing?
Yes, we specialize in DSCR loans and commercial mortgages for Texas real estate investors.
What areas of Texas do you serve?
We provide mortgage services statewide with local loan officers in all major Texas markets.
Reviews (2)
Mike Newman
Jan 26, 2026
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Demario was great to work with he kept us updated every step of process on refinancing our home. This was the second time we have use priority one lending very professional from start to finish Demario was alway quick to answer any questions or concern that we had. He kept us updated through the whole process.
Claribel Mari-Ayala
May 29, 2024
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I highly recommend Lonestar financing. Thanks to our loan officer Jimmy Smith for helping us through everything. He has been a true blessing to our family. Jimmy made us feel like we were part of his family and put our needs first. I am truly grateful. He went above and beyond for us. And today I can finally say we got our first new home. Thank you again to Jimmy Smith from Lonestar financing
