Bell County, Texas
Mortgage Rate Alerts
Never Miss A Refinance
Opportunity
Always on mortgage monitoring without hurting your credit.
Instant email and text alerts.
A Better Mortgage In 3 Easy Steps
Sign up
Provide some basic info, no SSN required
Start getting alerts
For refinance via email and texts
Apply and close
The new loan and start saving money
1 Platform, 6 Refinance Alerts
01
Alert for Lower Rates
02
Alert for Cash Out
03
Alert for Shorter Term
04
Alert for Eliminating PMI
05
Alert for Product Changes
06
Alert for Changes in Home Value
Bell Real Estate Market Update
The real estate market in Bell County, Texas, has seen a slight increase in home values over the past year. As of October 2024, the median home sold price was $299,165, marking a 5.1% rise from the previous year. Homes in the area are typically listed for a median price of $254,526, with properties going to pending status in about 42 days.
The top cities in Bell County include Killeen, Temple, and Belton. Killeen is the largest city, with a population of approximately 153,000 residents, known for its proximity to Fort Cavazos. Temple, with around 82,000 residents, is a hub for healthcare services, while Belton, home to about 23,000 people, offers a charming small-town atmosphere with a strong community focus.
Living in Bell County offers a mix of rural and suburban experiences. The county is known for its agricultural roots, with farming and ranching playing significant roles in the local economy. However, suburban life is also prominent, particularly in areas like Temple and Killeen, which offer more urban amenities. The top industries include healthcare, education, and military services, attracting people for job opportunities and a relatively lower cost of living compared to larger Texas cities. This combination of factors contributes to a steady influx of new residents seeking a balanced lifestyle.
2025 Mortgage Loan Limits:
Bell County, Texas
1 Unit
$806,500
Conforming Loans
$524,225
FHA Loans
2 Unit
$1,032,650
Conforming Loans
$671,200
FHA Loans
3 Unit
$1,248,150
Conforming Loans
$811,275
FHA Loans
4 Unit
$1,551,250
Conforming Loans
$1,008,300
FHA Loans
Questions About Refinancing in
Bell County
What is mortgage refinancing?
Refinancing is the process of replacing your current mortgage with a new one, often to secure a lower interest rate or change the loan terms.When should I consider refinancing?
Consider refinancing when interest rates drop, your credit score improves, or you want to switch from an adjustable-rate to a fixed-rate mortgage.How much does it cost to refinance?
Refinancing costs typically range from 2% to 5% of the loan amount, including closing fees, appraisal, and title fees.How long does the refinancing process take?
The refinancing process usually takes between 30 to 45 days, but this can vary based on lender efficiency and document preparation.What are the benefits of refinancing?
Refinancing can lower your monthly payments, reduce interest rates, shorten loan terms, or allow you to tap into home equity.What is cash-out refinancing?
Cash-out refinancing allows you to take out a new loan for more than your current mortgage balance and receive the difference in cash.Will refinancing hurt my credit?
Refinancing may cause a temporary dip in your credit score due to the hard inquiry, but the impact is usually minor and short-term.Can I refinance with bad credit?
It may be harder to qualify, but some lenders offer refinancing options for people with lower credit scores, though they often come with higher interest rates.How much equity do I need to refinance?
Most lenders require you to have at least 20% equity in your home to qualify for refinancing, though some programs may allow for lower equity percentages.Is it possible to refinance a rental property?
Yes, you can refinance an investment or rental property, though the terms and interest rates may be different compared to refinancing a primary residence.
Never Miss A Refinance Opportunity
Always on mortgage monitoring. Instant email and text alerts.
