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Barry, TX

The Best Mortgage Lenders in Barry, TX

Compare verified mortgage lenders serving Barry, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
555+
Reviews
8
Loan Types

Available Loan Programs in Barry

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction Loans
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender known for its exceptional customer service and competitive rates, with a strong local presence in Corsicana serving the Barry area. They are highly regarded for their efficient loan processing, personalized advice, and wide range of loan options, backed by numerous industry awards and high customer satisfaction scores.

Experience:28 years
Reviews:210 customer reviews
2000 N Business 45, Corsicana, TX 75110

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Supreme Lending

Supreme Lending, Inc.

★★★★☆
4.7/5

Supreme Lending is a Dallas-based mortgage company with a robust regional footprint that extends to Barry, TX. They are praised for their transparent processes, competitive rates, and expertise in various loan types, including construction and first-time homebuyer programs. Their long-standing reputation and high review counts reflect reliability and customer-focused service.

Experience:25 years
Reviews:185 customer reviews
14901 Quorum Dr, Dallas, TX 75254

Loan Types:

ConventionalFHAVAUSDAJumboConstruction Loans
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3

New American Funding

New American Funding, LLC

★★★★☆
4.6/5

New American Funding is a nationally recognized lender with a strong presence in Texas, offering tailored solutions for the Barry community. They are known for their diversity in loan products, including programs for low-to-moderate income borrowers, and have consistently high ratings for their responsive service and commitment to closing loans quickly.

Experience:21 years
Reviews:160 customer reviews
14511 Myford Rd, Irvine, TX 75038

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Barry, TX

Are there any special mortgage programs for first-time homebuyers in Barry, TX?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers the My First Texas Home program, which provides down payment assistance and competitive fixed-rate mortgages. This is particularly valuable in Barry, where local incomes may be more modest compared to larger metro areas. You should work with a TDHCA-approved lender to access these benefits.

How do property taxes in Navarro County affect my mortgage payment in Barry?

Navarro County property taxes are a significant component of your monthly mortgage escrow payment. While Barry itself has no city property tax, you will pay county and school district taxes, which can be relatively high in Texas. It's crucial to factor this into your budget, as your total monthly payment could be substantially higher than the principal and interest alone.

What is the typical down payment needed for a rural property or land loan near Barry, TX?

For purchasing undeveloped land or a rural property outside the Barry city limits, lenders typically require a larger down payment—often 20% to 30% or more. Financing for acreage can be more complex than for a standard suburban home, so it's advisable to work with a local lender or credit union familiar with rural Texas land loans.

Are USDA loans a viable option for mortgages in Barry, TX?

Absolutely. Given Barry's rural designation, many homes in the area are eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is one of the most advantageous programs for qualified buyers in Barry, helping to overcome one of the biggest hurdles to homeownership in the local market.

How does the appraisal process work for a home in a small town like Barry?

Appraisals in Barry can be challenging due to fewer recent comparable sales ("comps") than in urban areas. An appraiser may need to look at sales in nearby towns like Corsicana. This can sometimes affect the appraised value, so it's wise to work with a real estate agent and lender who understand the unique dynamics of the Navarro County housing market.

Mortgage Insights

Finding Your Perfect Mortgage Match in Barry, Texas

Searching for the "best mortgage lenders near me" is more than just comparing rates online. For homebuyers in Barry, Texas, it's about finding a financial partner who understands our unique market and can guide you through a process that might feel unfamiliar. Barry offers a appealing blend of small-town charm and Hill Country proximity, which creates a specific dynamic for your home loan journey. The right lender won't just offer a product; they'll provide localized insight that can make all the difference.

While Barry itself is a tight-knit community, your search for a lender will likely extend to the surrounding areas like Killeen, Temple, or even Austin. This is actually an advantage. You have access to both large national banks with extensive programs and local Texas-based credit unions or community banks that often provide a more personalized touch. A key tip for Barry buyers is to prioritize lenders familiar with rural or semi-rural properties. If you're looking at acreage or a home with a well and septic system outside city limits, not all lenders are equally comfortable with these appraisals and requirements. A local expert will navigate this smoothly.

Texas offers some fantastic homebuyer programs that the best lenders will help you leverage. The Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and competitive first-lien mortgages for qualifying buyers. Programs like the Texas Mortgage Credit Certificate (MCC) can also save you thousands by providing a federal tax credit on your mortgage interest. A knowledgeable lender in Central Texas will be well-versed in these options and can determine if your income and the home's location in Bell County make you eligible.

Here is your actionable plan: First, get pre-approved by at least two different types of lenders—perhaps a major bank and a local credit union like Velocity Credit Union or a mortgage company with strong Texas roots. This gives you a clear budget and strengthens your offer in Barry's competitive market. Second, ask every lender this Barry-specific question: "What is your experience with properties in Bell County that may use well water or have larger land plots?" Their answer will reveal their local competency. Finally, don't overlook the power of a local real estate agent's referral. Agents in Barry work with lenders constantly and know who closes on time and who understands our market's nuances.

The best mortgage lender for you in Barry is one that combines competitive terms with genuine local knowledge. They should be your guide, ensuring you explore every Texas-sized opportunity for savings while confidently handling the specifics of buying a home in our wonderful community. Take the time to find that right fit—it’s the foundation of your new home.

Nearby Cities

Explore mortgage lenders in cities near Barry, TX

Why Choose a Mortgage Lender in Barry?

Local Market Knowledge

Lenders who understand Barry'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 Barry and get competitive rates on your home loan.