The Best Mortgage Lenders in Chandler, TX
Compare verified mortgage lenders serving Chandler, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Chandler
Featured Mortgage Lenders
Mortgage Department
Southside Bank
Southside Bank is a highly-rated East Texas institution with deep roots in the region, serving Chandler and surrounding areas with comprehensive mortgage solutions. With over 60 years of banking experience, they offer personalized service through local loan officers who understand the specific needs of East Texas homeowners. Their mortgage team consistently receives excellent reviews for their responsiveness, competitive rates, and smooth closing process, making them a top choice for Chandler residents seeking reliable financing.
Loan Types:
Mortgage Lending Team
Austin Bank
Austin Bank has been serving East Texas communities for over a century, with a strong presence throughout the Chandler area. Their mortgage division earns consistently high marks for competitive rates, local decision-making, and exceptional customer service. As a community-focused bank, they offer specialized knowledge of rural and suburban properties common in the Chandler market, including construction and land loans. Their long-standing reputation and local underwriting make them a trusted choice for area homebuyers.
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Tyler Mortgage Team
Benchmark Mortgage
Benchmark Mortgage operates a highly-rated Tyler office that actively serves the Chandler market with exceptional mortgage services. They receive outstanding customer reviews for their efficient processing, competitive rates, and expert guidance throughout the loan process. As a mortgage-focused company rather than a traditional bank, they offer specialized expertise and access to a wide variety of loan products. Their local loan officers have extensive experience with East Texas property markets and provide personalized service that consistently exceeds client expectations.
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Frequently Asked Questions
Common questions about mortgage lending in Chandler, TX
What are the typical down payment requirements for buying a home in Chandler, TX, given its rural market?
In Chandler's more affordable market, many conventional loans can be secured with a 5% down payment, and FHA loans require as little as 3.5% down. For rural properties on the outskirts of town, a USDA loan could offer 0% down, making homeownership very accessible. Local lenders are familiar with appraising the mix of older homes and new construction common here.
Are there any local or county-specific first-time homebuyer assistance programs available in Chandler?
While Chandler itself doesn't have a city-run program, Smith County offers the "Smith County HOME Program," which provides down payment and closing cost assistance to eligible first-time buyers. Additionally, the Texas Department of Housing and Community Affairs (TDHCA) offers statewide programs like My First Texas Home, which are actively used by buyers in the Chandler area.
How do property taxes in Smith County impact my mortgage payment in Chandler?
Smith County property taxes are a significant component of your monthly payment, typically ranging from 1.8% to 2.2% of the home's appraised value. Your lender will escrow for these taxes, so your PITI (Principal, Interest, Taxes, Insurance) payment will be higher than the base loan payment. It's crucial to factor this in, as it affects your overall affordability in Chandler's market.
For buying land or a home in a more rural part of the Chandler area, what special mortgage considerations should I know?
Purchasing property with acreage or outside city limits often requires a specialized rural or agricultural loan, as standard conforming loans may not apply. Well and septic systems are common, so lenders will require specific inspections to ensure the property meets standards. Working with a local lender experienced in East Texas rural properties is highly recommended.
How does the appraisal process work in Chandler's diverse housing market, which includes older homes and newer developments?
Appraisals in Chandler must account for a wide range of comparable properties, from historic homes to new subdivisions near Lake Palestine. An appraiser familiar with the local market is key to getting an accurate valuation, especially for unique or updated older homes. This can impact your loan-to-value ratio and final loan approval.
Why Choose a Mortgage Lender in Chandler?
Local Market Knowledge
Lenders who understand Chandler'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 Chandler and get competitive rates on your home loan.