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Bells, TX

The Best Mortgage Lenders in Bells, TX

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

3
Top Lenders
4.8
Avg Rating
494+
Reviews
11
Loan Types

Available Loan Programs in Bells

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
ARM
Construction-to-Permanent
Investment Properties

Featured Mortgage Lenders

1

Texoma Community Credit Union

Texoma Community Credit Union

★★★★☆
4.8/5

Texoma Community Credit Union is a highly-rated local financial institution serving the Bells area with exceptional mortgage services. They have built a strong reputation for personalized service and competitive rates, particularly valued by first-time homebuyers and military families. Their local underwriting team ensures quick turnaround times, and they offer comprehensive educational resources throughout the homebuying process. As a community-focused credit union, they prioritize member satisfaction over profit, resulting in consistently high customer ratings and loyalty throughout North Texas.

Experience:18 years
Reviews:185 customer reviews
2900 Texoma Parkway, Sherman, TX 75090

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
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2

Benchmark Mortgage

Benchmark Mortgage

★★★★☆
4.7/5

Benchmark Mortgage's Sherman branch serves the Bells community with exceptional expertise and local market knowledge. They are particularly renowned for their construction lending programs and jumbo loan options, catering to both rural properties and suburban homes in the area. Their loan officers have extensive experience with Grayson County real estate markets, and they maintain strong relationships with local real estate agents. The company receives consistent praise for their transparent communication and ability to handle complex loan scenarios efficiently.

Experience:15 years
Reviews:142 customer reviews
3416 Texoma Parkway, Sherman, TX 75090

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceConstruction-to-Permanent
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3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation's Sherman location has established itself as a top choice for Bells area homeowners with outstanding customer service ratings and competitive loan products. They excel in first-time homebuyer programs and VA loans, with loan officers who provide exceptional guidance through the entire mortgage process. Their strong local presence combined with national lending capabilities allows them to offer diverse loan options while maintaining personalized service. Customers consistently praise their responsiveness and ability to close loans on time, making them one of the most trusted mortgage lenders in the Texoma region.

Experience:12 years
Reviews:167 customer reviews
4516 Texoma Parkway, Sherman, TX 75090

Loan Types:

ConventionalFHAVAUSDARefinanceFirst-time HomebuyerInvestment Properties
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Frequently Asked Questions

Common questions about mortgage lending in Bells, TX

What are the typical down payment requirements for homes in Bells, TX, given its rural setting?

For most conventional loans in Bells, a 5-10% down payment is common, but many local lenders are familiar with USDA Rural Development loans, which offer 0% down payment options for eligible buyers in this designated rural area. FHA loans with 3.5% down are also popular, especially for first-time buyers looking at more affordable properties. It's important to consult with a lender experienced in rural Texas markets to explore all options.

Are there any local or county-specific first-time homebuyer assistance programs available in Grayson County or Bells?

Yes, the Texas State Affordable Housing Corporation (TSAHC) offers down payment assistance grants and favorable mortgage rates for first-time buyers statewide, which applies in Bells. Additionally, Grayson County may have occasional local bond programs. Working with a mortgage broker familiar with North Texas can help you identify any active local grants or silent second mortgages that can reduce your upfront costs.

How do property taxes in Bells, TX, impact my mortgage payment and qualification?

Grayson County property taxes are a significant component of your monthly payment. Bells has its own independent school district (Bells ISD) and city tax rates, which are generally moderate for the region. Lenders will calculate your debt-to-income ratio including these estimated taxes and insurance (escrow), so it's crucial to get an accurate tax estimate for your specific property, as it can affect how much home you can qualify for.

What type of home appraisals are common in Bells, and are there any unique challenges?

Given Bells' mix of older homes, newer constructions, and larger rural lots, appraisals often require appraisers familiar with the local market and comparable sales in surrounding areas like Sherman or Denison. For properties on well and septic systems, which are common outside the city center, the appraisal process may include additional inspections to ensure the systems meet lending standards, potentially affecting the timeline.

How do mortgage interest rates in Bells, TX, compare to the larger Dallas-Fort Worth metroplex?

Mortgage rates are primarily set by national markets, so rates in Bells are generally consistent with those in nearby Sherman-Denison and not drastically different from DFW. However, your final rate can be influenced by local lender competition and specific loan programs tailored for the area. Some local credit unions or community banks in North Texas may offer special promotions or relationship discounts that can provide a slight edge.

Mortgage Insights

Finding Your Perfect Home Loan Match in Bells, Texas

Searching for a "home loan broker near me" in Bells, Texas, is more than just finding a local office—it's about partnering with a professional who understands the unique rhythm of our community and the North Texas housing landscape. While online lenders are a click away, a local broker brings invaluable insight into what it truly takes to secure financing for a home in Grayson County, from a cozy starter house near Bells Elementary to acreage outside the city limits.

The Bells market, like much of Texas, has seen significant growth and competition. A local broker doesn't just shop rates; they understand which lenders are familiar with appraisals in our area, how to properly value properties with well water or septic systems common in the region, and the nuances of rural vs. in-town financing. They can be your guide through the entire process, especially crucial for first-time buyers who may be navigating offers in a competitive environment.

For Bells homebuyers, here’s your actionable plan. First, vet brokers by asking specific local questions: "Can you share examples of recent loans you've closed in Bells or nearby Sherman/Denison?" and "How do you handle the unique aspects of properties in Grayson County?" A great broker will have immediate, concrete answers. Second, explore Texas-specific programs with their help. The Texas Department of Housing and Community Affairs (TDHCA) offers down payment assistance and favorable loan rates for qualifying buyers, which can be a game-changer. A knowledgeable broker will know if you're a candidate for these programs and how to seamlessly integrate them into your offer.

Remember, in Texas, property taxes and homeowners insurance (especially considering our weather) significantly impact your monthly payment. A local broker will factor these into your affordability assessment from day one, giving you a realistic picture far beyond just the home's sale price. They can also recommend reputable local inspectors and insurance agents, creating a trusted team for your purchase.

Your best step is to schedule consultations with two or three recommended brokers in the North Texas area. Come prepared with your questions, your financial snapshot, and your vision for life in Bells. The right broker will feel like a true ally, demystifying the process and using their local network and expertise to find a loan that doesn't just get you a house, but helps you build a home right here in our community. Start your search with a focus on local expertise, and you'll be well on your way to turning your Bells home dream into a reality.

Nearby Cities

Explore mortgage lenders in cities near Bells, TX

Why Choose a Mortgage Lender in Bells?

Local Market Knowledge

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