Free Guide · New Braunfels, TX

New Braunfels Home Buyer's Guide

Everything you need to know about buying a home in New Braunfels and the Hill Country: financing, inspections, contracts, and closing. Enter your email to unlock the full guide.

Plain-English buyer guidance for financing, the Texas option period, inspections, appraisal, closing costs, and the small contract decisions that can matter later.

Pre-Approval Inspections Option Period Closing Costs

Step 1

Get Pre-Approved First

A pre-approval letter tells sellers you are a serious, qualified buyer. Without one, most listing agents in New Braunfels will not present your offer. It is not a formality, it is your entry ticket. Get it before you tour a single property.

The process takes 24 to 72 hours. Your lender will pull credit, verify income, review bank statements, and confirm employment. They need two years of W-2s or tax returns, two months of pay stubs, and two months of bank statements. With rates currently in the 6-7% range, your debt-to-income ratio needs to land under 43% to qualify for most conventional products.

A strong pre-approval also sets your ceiling. It tells you exactly what you can afford, not what a bank will lend you, which are two different numbers. Peter works with several local lenders who close on time and can turn around a pre-approval within a business day.

Step 2

How Much Home Can You Afford in New Braunfels?

Affordability depends on loan type, rate, down payment, credit, debt, property taxes, insurance, HOA dues, and cash reserves. Two buyers with the same income can have very different comfortable price ranges once those line items are included.

Texas has no state income tax, but property taxes and insurance are not small details. Before you treat a list price as affordable, check the address-level tax estimate, ask for an insurance quote, and compare the full monthly payment against your actual budget.

Peter recommends running the numbers with a mortgage calculator before your first showing, then confirming them with a lender's Loan Estimate before you write an offer.

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