The Best Mortgage Lenders in Calvert, TX
Compare verified mortgage lenders serving Calvert, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Calvert
Featured Mortgage Lenders
Benchmark Mortgage - College Station
Benchmark Mortgage
Benchmark Mortgage's College Station branch serves the Calvert area with exceptional expertise in rural and agricultural property financing. With nearly 25 years in business, they have built a stellar reputation for personalized service and competitive rates. Their team specializes in USDA loans which are particularly relevant for Calvert's rural community, and they have extensive experience with first-time homebuyer programs. The company maintains a 4.9-star rating across multiple review platforms, with customers consistently praising their responsive communication and smooth closing processes.
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Prosperity Bank
Prosperity Bank
As a established Texas-based community bank with deep roots in the region, Prosperity Bank has been serving Central Texas communities including Calvert for over seven decades. Their mortgage division offers competitive local lending with decision-making kept within Texas. They specialize in agricultural and rural property financing and have particular expertise with the unique needs of Robertson County residents. With a 4.7-star rating and hundreds of positive reviews, customers highlight their local knowledge, flexible terms, and commitment to the community. They maintain a branch in nearby Hearne for convenient in-person service.
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Movement Mortgage - Waco
Movement Mortgage
Movement Mortgage's Waco office actively serves the Calvert area with their efficient digital mortgage process combined with local expertise. Founded in 2008, they've rapidly grown into one of the most highly-rated mortgage lenders in Central Texas. They specialize in quick closings and offer a unique "Upfront Underwriting" process that provides certainty to buyers. With a 4.8-star rating across multiple platforms, customers consistently praise their streamlined process, transparent communication, and competitive rates. Their strong USDA loan program makes them an excellent choice for Calvert's rural properties, and they have extensive experience with Texas-specific mortgage programs.
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Frequently Asked Questions
Common questions about mortgage lending in Calvert, TX
What are the typical down payment requirements for homes in Calvert, TX, given its rural market?
In Calvert's more affordable rural market, many conventional loans can be secured with a 5% down payment, and FHA loans with 3.5% down are common. For qualifying buyers, USDA loans offer a zero-down option, which is highly relevant for this non-metro area. Local lenders are familiar with appraising properties in this setting, which can help streamline the process.
Are there any local or state mortgage assistance programs specifically beneficial for Calvert homebuyers?
Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers down payment assistance grants and affordable first-lien mortgages through its My First Texas Home program, which has income and purchase price limits that many Calvert buyers can meet. Additionally, the Texas Veterans Land Board (VLB) loans are a popular option for military veterans and active-duty members in the area, often featuring competitive rates.
How do property taxes in Robertson County affect my mortgage payments in Calvert?
Robertson County property taxes are a significant component of your monthly mortgage escrow payment, as Texas has no state income tax and relies heavily on local property taxes. It's crucial to get an accurate tax estimate from the Robertson County Appraisal District when budgeting, as taxes can vary based on the specific property's value and any applicable exemptions, like the homestead exemption.
What should I know about getting a mortgage for a historic or older home in Calvert?
Calvert has many historic properties, and financing them may require a specialized appraisal and certain loan program restrictions. An FHA 203(k) renovation loan or a conventional Homestyle loan can be excellent tools to finance both purchase and needed repairs. It's vital to work with a lender experienced in these loan types and to get a thorough inspection to identify any issues that could affect loan approval.
Is homeowner's insurance more expensive for mortgages in Calvert, TX, and why?
Insurance costs in Calvert and surrounding Robertson County can be higher than state averages due to the area's exposure to severe weather, including hail and windstorms. This insurance premium is included in your monthly mortgage escrow payment, so shopping for competitive quotes is essential. Some lenders may require specific coverage levels for homes in this region.
Why Choose a Mortgage Lender in Calvert?
Local Market Knowledge
Lenders who understand Calvert'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 Calvert and get competitive rates on your home loan.