The Best Mortgage Lenders in Centralia, TX
Compare verified mortgage lenders serving Centralia, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Centralia
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly-rated national mortgage lender with a strong local presence in the Bryan-College Station area, serving Centralia residents. Known for competitive rates and a streamlined digital application process, they excel in customer satisfaction with fast closings and a wide range of loan options. Their 24 years of experience and numerous industry awards make them a top choice for homebuyers in Central Texas, offering personalized service through local loan officers.
Loan Types:
New American Funding
New American Funding
New American Funding is a top-performing mortgage lender praised for its inclusive lending practices and exceptional customer service. With over two decades of experience, they specialize in serving diverse communities and offer unique programs like down payment assistance. Their Temple office provides reliable service to Centralia, with high ratings for responsiveness and competitive rates, making them a trusted option for first-time and repeat homebuyers in the region.
Loan Types:
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is renowned for its outstanding customer service and community involvement, with a strong presence in Central Texas including Centralia. With nearly 30 years in business, they offer competitive rates, fast processing, and a broad portfolio of loan products. Their high review scores reflect a commitment to personalized attention and reliability, making them a preferred lender for both purchase and refinance loans in the area.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Centralia, TX
Are there any down payment assistance programs specifically for homebuyers in Centralia, TX?
Yes, Centralia homebuyers can access statewide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home program, which offers down payment assistance and competitive mortgage rates. Eligibility is based on income limits and the purchase price of the home, which is advantageous given Centralia's relatively affordable housing market compared to larger Texas cities.
How does Centralia's rural location affect my mortgage options and property requirements?
Centralia's rural setting means many properties may use well water and septic systems. Lenders will often require specific water tests and septic inspections as a condition for loan approval. Additionally, you may qualify for USDA Rural Development loans, which offer 100% financing with no down payment—a highly relevant option for eligible buyers in this area.
What are typical property tax rates in Centralia, and how do they impact my mortgage payment?
Centralia is in Washington County, where property tax rates are a significant component of your monthly payment. The combined rate for county, school, and other districts typically ranges from 1.8% to 2.2% of the appraised value. Your lender will calculate this into your escrow payment, and it's wise to get a precise quote during your home search, as taxes can vary.
As a first-time homebuyer in Centralia, what local resources or lenders should I consult?
It's beneficial to work with a mortgage lender or broker familiar with Centralia and Washington County. Local credit unions, like Texans Credit Union or First National Bank of Bellville, often have specific knowledge of the area. Additionally, consulting a HUD-approved housing counselor in Texas can provide guidance on statewide and local first-time buyer programs.
How do mortgage interest rates in Centralia compare to the national or state average?
Mortgage rates in Centralia are generally aligned with national and Texas averages, as they are set by broader economic factors. However, your specific rate will depend heavily on your credit profile and loan type. Working with a local lender can sometimes provide access to portfolio products or relationships that might offer competitive terms for the area's market.
Nearby Cities
Explore mortgage lenders in cities near Centralia, TX
Why Choose a Mortgage Lender in Centralia?
Local Market Knowledge
Lenders who understand Centralia'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 Centralia and get competitive rates on your home loan.