Matador Lending NMLS #2072896 · Licensed in TX, CA, GA, FL
Sugar Land, TX
Sugar Land and Katy mortgages, including MUD taxes, Fort Bend ISD and Katy ISD, and why a Texas homestead can change escrow after the first year.
Loan officer Apurva Sanghavi, NMLS 227127. Company NMLS ID 2072896. NMLS Consumer Access
Sugar Land is in Fort Bend County. Katy is a city, and the area people call Katy crosses Harris, Fort Bend, and Waller counties. Which county and which school district the house is in changes the tax bill. Katy ISD and Fort Bend ISD are different districts.
Masala Loans is a brand of Matador Lending. The office is at 5718 Westheimer Rd. Suite 1000, Houston, TX 77057. We do not have a branch in this city. Meetings are by phone, video, or WhatsApp.
This page does not quote rates, payments, taxes, or insurance. Those come from the lender, the tax office, the insurer, and the condo or homeowners association on a specific property.
A large share of Fort Bend and west-Houston neighborhoods were built with Municipal Utility Districts. A MUD is a Texas political subdivision (Water Code Chapter 54) that can levy a property tax to repay bonds for water, sewer, and drainage. That tax is separate from the city, county, and school taxes.
The rate and the debt of each MUD are public. Look up the district on the property's appraisal account. Two streets in Katy can be in different MUDs. We will not quote a 'typical Katy MUD tax.'
Texas homestead exemptions are filed on a primary residence with the appraisal district. The general residence homestead rules are in Tax Code Chapter 11. A cap on how fast the appraised value of a qualified homestead can rise is in Tax Code Section 23.23. The cap does not work the same way in the year you buy, and an exemption you file after closing does not rewrite the estimate the lender used on the Closing Disclosure.
At closing, escrow is an estimate from the tax bill or the title company's tax certificate. If the house was previously taxed as vacant land, or the builder's estimate was low, the next assessment can be higher. The payment changes because taxes changed, not because the note rate changed.
School taxes are a large part of a Fort Bend or Katy bill. Confirm the school district on the CAD account before you rely on a neighbor's tax figure. Fort Bend ISD and Katy ISD do not charge the same rate.
Yes. Both are in Texas. If a Katy-area address is actually in Waller County or Harris County, it is still Texas, and we can originate there. We still cannot originate outside Texas, California, Georgia, and Florida.
The county does not ban foreign gifts. The lender has to source the money: a gift letter, the wire, and the donor's ability to give. Some foreign gifts also raise an IRS Form 3520 reporting question. See our gift-funds checklist. We are not a tax advisor.