The Best Mortgage Lenders in Anthony, TX
Compare verified mortgage lenders serving Anthony, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Anthony
Featured Mortgage Lenders
GECU Mortgage Services
Government Employees Credit Union
As the largest credit union in West Texas, GECU has been serving the Anthony area for decades with exceptional mortgage services. They consistently earn top ratings for their competitive rates, personalized service, and deep community involvement. Their mortgage team specializes in helping both first-time homebuyers and experienced investors with a comprehensive range of loan products. With local decision-making and in-house processing, they provide faster closings and more personalized attention than many national lenders.
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American Mortgage Solutions
American Mortgage Solutions
This locally-owned mortgage brokerage has built an outstanding reputation throughout the Anthony and El Paso region for their expertise and customer-focused approach. They excel at finding creative solutions for complex financing situations and offer competitive rates across all loan types. Their team of experienced loan officers provides personalized guidance through every step of the mortgage process, earning consistent praise for their responsiveness and attention to detail. They're particularly known for their expertise with VA loans and first-time homebuyer programs.
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Guild Mortgage Company
Guild Mortgage Company
With a strong local presence in the Anthony service area, Guild Mortgage combines national lending power with local expertise. They're consistently rated among the top mortgage lenders for their competitive rates and exceptional customer service. Their El Paso branch has deep roots in the community and specializes in serving the unique needs of border region homebuyers. Guild offers a wide variety of loan programs and is particularly noted for their efficient processing and closing timelines, with many customers reporting smooth experiences from application to closing.
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Frequently Asked Questions
Common questions about mortgage lending in Anthony, TX
What are the current mortgage rates like in Anthony, TX, and how do they compare to the national average?
Mortgage rates in Anthony typically align closely with national averages, but local lenders may offer competitive rates due to the area's stable housing market and lower cost of living. It's common to see rates slightly below the national average, especially for borrowers with strong credit, as lenders view the Anthony-El Paso metro region as a steady market. Shopping with local credit unions and community banks can often yield the most favorable terms.
Are there any down payment assistance programs specifically for homebuyers in Anthony, TX?
Yes, Anthony homebuyers can access the Texas State Affordable Housing Corporation (TSAHC) programs, which offer down payment assistance grants and favorable mortgage rates for qualifying individuals. Additionally, the City of El Paso's Homeownership Assistance Program (HAP) can serve eligible Anthony residents, providing up to $20,000 in forgivable assistance, as Anthony is part of the El Paso Metropolitan Statistical Area (MSA).
How does the appraisal process work in Anthony, given its unique location between El Paso and Las Cruces?
Appraisals in Anthony must carefully consider comparable properties ("comps") from both Texas and New Mexico, as the state line runs through the community. Appraisers need to be licensed for the specific state where the property is located and will typically draw comps from Anthony itself, nearby Canutillo, and sometimes the fringes of El Paso or Santa Teresa, NM. This cross-market dynamic requires an appraiser with very local expertise.
What should I know about property taxes and insurance when budgeting for a mortgage in Anthony?
Anthony is in El Paso County, which has property tax rates that are generally considered moderate for Texas. However, Texas has no state income tax, so property taxes are a primary revenue source; expect an effective tax rate around 2.3%-2.5% of the home's appraised value. For insurance, wind/hail coverage is a significant component in the region, and shopping for separate windstorm insurance may be advised, which can impact your total monthly mortgage payment.
Are USDA Rural Development loans available for homes in Anthony, TX?
Yes, most of Anthony qualifies for USDA Rural Development loans, which offer 100% financing (no down payment). This is a major advantage for eligible buyers, as Anthony is designated a rural area by the USDA despite its growth and proximity to El Paso. This program can make homeownership very accessible, but you must confirm the specific property's eligibility through the USDA's online mapping tool and meet income limits for the area.
Why Choose a Mortgage Lender in Anthony?
Local Market Knowledge
Lenders who understand Anthony's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Texas.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Anthony and get competitive rates on your home loan.