Top 3 Mortgage Lenders in Hobbs

First American Bank stands as Hobbs' premier local mortgage lender with deep community roots and exceptional customer satisfaction ratings. As a community bank established in 1995, they offer personalized service and local underwriting decisions that national lenders can't match. Their mortgage team has extensive experience with Southeast New Mexico's unique housing market and energy industry economy. Customers consistently praise their responsive communication, competitive rates, and ability to close loans efficiently. Their local presence allows for face-to-face consultations and understanding of regional property values.

Southwest 66 Credit Union has been serving Southeast New Mexico communities for decades with exceptional mortgage services and member-focused lending. While founded earlier than the specified range, their mortgage division has operated with the same experienced team for over 20 years. They offer competitive rates for members and are particularly strong with first-time homebuyer programs and VA loans. Members consistently highlight their educational approach to the mortgage process, transparency about costs, and willingness to work with various financial situations. Their local decision-making and understanding of Hobbs' market dynamics make them a top choice.

While based in Carlsbad (approximately 65 miles from Hobbs), Guild Mortgage's Carlsbad branch consistently serves Hobbs residents with exceptional mortgage services and has developed a strong reputation throughout Southeast New Mexico. As a national lender with deep local expertise, they combine the resources of a large company with personalized service. Their loan officers have extensive experience with the regional energy industry workforce and understand the unique aspects of Hobbs' housing market. Customers consistently rate them highly for their extensive loan product options, competitive rates, and efficient closing processes. They're particularly noted for their expertise with VA loans and first-time homebuyer programs.