Russell Stout (NMLS #220896) has originated home loans since 2002 and founded
Texas Mortgage Consultants, PLLC in 2018 an independent mortgage brokerage
in Austin, Texas.
Texas Mortgage Consultants charges $0 lender fees. As a broker rather than a
bank, Russell works with more than 40 wholesale lenders, which means the loan
gets matched to the borrower's actual situation instead of forced into one
institution's single product set. That matters most when a file has something
unusual in it: self-employment or irregular income, bank-statement
qualifying, credit in the 500-620 range, retirement assets used as reserves,
a jumbo cash-out, or multiple properties.
How the process works:
- A complete document list on day one, so nothing surfaces late
- Same-day review of what comes in, with clarifications handled immediately
- Underwriter pre-clearance before full submission, not after
- One point of contact from pre-approval through closing no handoffs
Pre-approvals are typically issued within 24-48 hours.
Loan programs: Conventional, FHA, VA, USDA, jumbo, and bank-statement /
non-QM options for self-employed borrowers.
Service area: Austin and Central Texas, including Cedar Park, Georgetown,
Leander, Pflugerville, Kyle, Buda, San Marcos, Round Rock, plus San Antonio
and Houston.
Russell is a University of Texas graduate and has lived in the Austin area
for over two decades.
Texas Mortgage Consultants, PLLC in 2018 an independent mortgage brokerage
in Austin, Texas.
Texas Mortgage Consultants charges $0 lender fees. As a broker rather than a
bank, Russell works with more than 40 wholesale lenders, which means the loan
gets matched to the borrower's actual situation instead of forced into one
institution's single product set. That matters most when a file has something
unusual in it: self-employment or irregular income, bank-statement
qualifying, credit in the 500-620 range, retirement assets used as reserves,
a jumbo cash-out, or multiple properties.
How the process works:
- A complete document list on day one, so nothing surfaces late
- Same-day review of what comes in, with clarifications handled immediately
- Underwriter pre-clearance before full submission, not after
- One point of contact from pre-approval through closing no handoffs
Pre-approvals are typically issued within 24-48 hours.
Loan programs: Conventional, FHA, VA, USDA, jumbo, and bank-statement /
non-QM options for self-employed borrowers.
Service area: Austin and Central Texas, including Cedar Park, Georgetown,
Leander, Pflugerville, Kyle, Buda, San Marcos, Round Rock, plus San Antonio
and Houston.
Russell is a University of Texas graduate and has lived in the Austin area
for over two decades.
Served areas
- Austin, Round Rock, Cedar Park, Georgetown, Leander, Pflugerville, Kyle,, Buda, San Marcos, Hutto, Lakeway, Bee Cave, Dripping Springs, Manor,, Taylor, Elgin, Bastrop, New Braunfels, San Antonio, Houston, and all of, Texas.
Details
- Year established: 2018
- Employees: 1
- Licensed
Highlights and features
- Texas Mortgage Consultants is an Austin-based firm led by Russell Stout
- Compare multiple loan programs tailored to individual client needs
- Dedicated support from experienced and responsive loan officers
- Guidance for first time buyers VA FHA USDA loans
- Fast efficient mortgage process with clear communication throughout
- Trusted Texas lender serving families across the state
Associations and certifications
- Russell Stout NMLS # 220896
Payment methods
- Cash
- Debit cards
- Credit cards
Services
We help first-time homebuyers in Austin and Texas find home loan programs aligned with goals. As experienced mortgage brokers, we guide buyers from start to finish through a structured path to homeownership. We support credit preparation, budgeting for down payments and closing costs, and understanding the mortgage process. Our First-Time Homebuyers Guide builds confidence and educates clients to move toward homeownership.
We serve as an Austin mortgage broker helping evaluate FHA, VA, USDA, and conventional home loan options while comparing lenders. We provide personalized guidance tailored to each borrowers financial situation and homeownership goals. We offer local support, communication, and a streamlined process from application through closing. Working on your behalf we simplify choices and support confident mortgage decisions.
People
Russell Stout
Founder
Russell Stout (NMLS #220896) is the Broker and founder of Texas Mortgage Consultants, PLLC, and has originated Texas mortgages since 2002.
Before founding the firm in 2018, he was a Branch Manager, Sales Manager, VP of Operations, and owned his own mortgage company. That operations background is why files here don't fall apart late. He knows what underwriting will ask for before it asks.
Texas Mortgage Consultants charges $0 lender fees. With 40+ wholesale lenders, the loan gets matched to your situation instead of forced into one bank's single product. That matters most on self-employed income, credit from 500-620, jumbo cash-out, or multiple properties. Conventional, FHA, VA, USDA, jumbo, and bank-statement programs, with pre-approval in 24-48 hours. Serving Austin, Central Texas, San Antonio, and Houston.
Russell is a University of Texas graduate and avid Longhorn fan. He and his wife Melissa, an Austin real estate agent, live in Austin with their kids.
Before founding the firm in 2018, he was a Branch Manager, Sales Manager, VP of Operations, and owned his own mortgage company. That operations background is why files here don't fall apart late. He knows what underwriting will ask for before it asks.
Texas Mortgage Consultants charges $0 lender fees. With 40+ wholesale lenders, the loan gets matched to your situation instead of forced into one bank's single product. That matters most on self-employed income, credit from 500-620, jumbo cash-out, or multiple properties. Conventional, FHA, VA, USDA, jumbo, and bank-statement programs, with pre-approval in 24-48 hours. Serving Austin, Central Texas, San Antonio, and Houston.
Russell is a University of Texas graduate and avid Longhorn fan. He and his wife Melissa, an Austin real estate agent, live in Austin with their kids.
Gallery
Reviews (6)
Michael Yost
Apr 20, 2026
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Kimberley Koonce
Apr 15, 2026
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As a real estate agent I only want to work with lenders who are responsive, knowledgeable & who make my job easier! Russell does ALL of those things and more. My new homebuyers felt so comfortable with him. They had all their questions answered & their feedback through out the transaction was that they loved his responsiveness and patience. Also, he closed us earlier than 30 days!
Melissa Souders
Apr 08, 2026
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I cant say enough great things about Russell Stout! From start to finish, the level of service, professionalism, and genuine care I received was absolutely outstanding. He made what could have been a stressful process feel smooth, clear, and even enjoyable.
Russell took the time to explain every step, answered all my questions with patience, and always made me feel like a priority. His expertise and attention to detail gave me total confidence throughout the entire process. Its rare to find someone who not only knows their craft so well but also truly cares about their clients experience.
This has been, without a doubt, the best service and overall experience Ive ever had working with a mortgage consultant. I highly recommend Russell to anyone looking for someone trustworthy, knowledgeable, and dedicated to going above and beyond!
Russell took the time to explain every step, answered all my questions with patience, and always made me feel like a priority. His expertise and attention to detail gave me total confidence throughout the entire process. Its rare to find someone who not only knows their craft so well but also truly cares about their clients experience.
This has been, without a doubt, the best service and overall experience Ive ever had working with a mortgage consultant. I highly recommend Russell to anyone looking for someone trustworthy, knowledgeable, and dedicated to going above and beyond!
Jonathan Williams
Mar 23, 2026
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I cant say enough good things about Russell. He has been my lender for all my real estate purchases. The most recent purchase was a unique home that was owned by an oil and gas company. Russell brings solutions to problems and Im so grateful to know him. If youre looking for lending for a house purchase I wouldnt look any further than Russell Stout.
Liz Williams
Mar 16, 2026
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Allison McMordie
Mar 15, 2026
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Russell has been a great lender to work with in purchasing our first home! He was always happy to talk through any questions along the way as we were learning about the home buying process. He's super knowledgeable and was a big help to us in navigating this process from start to finish. I'd highly recommend working with him for any home buying needs!