The Best Mortgage Lenders in Argyle, TX
Compare verified mortgage lenders serving Argyle, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Argyle
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a strong presence in the Dallas-Fort Worth metroplex, including Argyle. Founded in 1996, it has built a reputation for exceptional customer service, competitive rates, and a wide range of loan options. With over 180 reviews and a 4.7 rating, customers praise its efficient processing, knowledgeable loan officers, and personalized support. The company is known for its community involvement and reliability, making it a trusted choice for homebuyers in North Texas.
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CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly reputable lender serving Argyle and the broader DFW area, with a 4.6 rating from 150 reviews. Founded in 2003, it offers extensive experience and a full suite of mortgage products, including specialized construction loans. Customers highlight its responsive service, transparent communication, and ability to secure competitive rates. The company's local branch in Southlake ensures personalized attention and deep knowledge of the Argyle market, contributing to its high customer satisfaction.
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Movement Mortgage, LLC
Movement Mortgage, LLC
Movement Mortgage is a well-regarded lender with a strong regional presence in North Texas, including Argyle. Founded in 2008, it combines modern technology with personalized service, earning a 4.5 rating from 120 reviews. The company is praised for its fast closings, competitive rates, and commitment to community support. Loan officers are known for their expertise in local market conditions, making Movement a reliable option for a smooth mortgage experience in the Argyle area.
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Frequently Asked Questions
Common questions about mortgage lending in Argyle, TX
Are there any special mortgage considerations for buying a home in Argyle's newer master-planned communities?
Yes, many of Argyle's newer developments, like Canyon Falls or Harvest, may have specific lender requirements or preferred lenders due to builder relationships. It's wise to get pre-approved with a lender familiar with these communities, as some builders offer closing cost incentives for using their affiliated lenders, but you are not obligated to use them. Always compare their offer with a local independent mortgage broker to ensure you're getting the best rate and terms.
What are the typical down payment requirements for a mortgage in Argyle's competitive market?
While conventional loans often require 5-20% down, the competitive Argyle market, especially for sought-after homes in the highly-rated Argyle ISD, frequently sees buyers offering larger down payments to strengthen their offers. However, qualified buyers can still utilize FHA loans (3.5% down) or VA/USDA loans (0% down), but these offers may be less competitive against multiple bids. Local lenders can advise on the optimal down payment strategy for your target price range.
Does Argyle, TX, offer any local down payment assistance or first-time homebuyer programs?
While Argyle itself does not have a city-specific program, Texas-wide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home program are accessible to eligible buyers in Argyle. These offer competitive interest rates and down payment assistance. It's crucial to work with a mortgage lender approved by TDHCA, as not all lenders are authorized to originate these loans.
How do property taxes in Denton County impact my mortgage payment and qualification in Argyle?
Denton County property taxes are a significant factor, as Argyle has no city property tax but does fund its excellent schools and services through higher ISD and county rates. Lenders will calculate your debt-to-income ratio using the estimated monthly tax escrow, which can be substantial. It's common for annual property taxes to range from 2.0% to 2.4% of the home's value, which greatly affects your total monthly payment and the loan amount you can qualify for.
Are jumbo loans common in Argyle, and how do they differ from conventional mortgages?
Yes, jumbo loans are very common in Argyle due to the higher median home prices that often exceed the conforming loan limits set for Denton County ($766,550 for 2024). Jumbo loans typically require stronger financial credentials, including higher credit scores (often 700+), larger down payments (usually 10-20% minimum), and more extensive reserve requirements. Local lenders with expertise in jumbo products are essential for navigating this segment of the Argyle market efficiently.
Why Choose a Mortgage Lender in Argyle?
Local Market Knowledge
Lenders who understand Argyle'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 Argyle and get competitive rates on your home loan.