Estate Planning · Texas
Trust / Estate Planning Purchase in Texas
Buying or refinancing in Texas inside a revocable or irrevocable trust for estate-planning purposes? We place trust loans with our lending partners every month.
Common challenges we solve
- Title company unfamiliar with trust closings
- Multiple trustees and beneficiaries
- Coordinating with your estate attorney
What you get with Lumos
Closings in revocable or land trusts
Title and tax coordination handled
Pricing is typically comparable to a personal-name loan
What's different in Texas
Texas lets a residence held in a qualifying trust keep its homestead exemption when the trustor or beneficiary occupies it, and lenders typically ask for a certification of trust rather than the full document. Texas has no state income tax, but property tax rates are among the higher ones in the country, and newer subdivisions often add MUD or PID assessments — all of which count toward your monthly debt-to-income ratio.
Loan programs that typically fit
Frequently asked
- Will rates be higher?
- On a revocable trust, pricing is typically comparable to a personal-name loan.
- Do you work with my attorney?
- Yes — we coordinate directly to avoid duplicative documents.
