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Chilton, TX

The Best Mortgage Lenders in Chilton, TX

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

3
Top Lenders
4.7
Avg Rating
580+
Reviews
9
Loan Types

Available Loan Programs in Chilton

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer Programs
Home Equity
Construction Loans

Featured Mortgage Lenders

1

Movement Mortgage

Movement Mortgage, Inc.

★★★★☆
4.7/5

Movement Mortgage is highly regarded for its efficient loan processing and exceptional customer service, with a strong regional presence in Central Texas. They specialize in a wide array of loan products and are known for their competitive rates and personalized approach, making them a top choice for homebuyers in the Chilton area. Their local Waco office ensures accessible, community-focused service.

Experience:16 years
Reviews:185 customer reviews
100 Washington Ave, Waco, TX 76701

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage boasts a stellar reputation for offering competitive mortgage rates and tailored solutions, backed by decades of experience. Their Waco branch actively serves Chilton residents with a focus on transparency and customer satisfaction, earning high marks for reliability and local expertise in navigating various loan options.

Experience:28 years
Reviews:275 customer reviews
500 W Highway 6, Waco, TX 76712

Loan Types:

ConventionalFHAVAUSDARefinanceFirst-Time Homebuyer Programs
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3

Prosperity Bank

Prosperity Bank

★★★★☆
4.5/5

As a well-established Texas-based bank, Prosperity Bank provides trusted mortgage services with deep community ties and local decision-making. They offer a comprehensive range of loan products and are praised for their personalized service and stability, making them a reliable option for home financing in Chilton and surrounding areas.

Experience:25 years
Reviews:120 customer reviews
100 N 6th St, Waco, TX 76701

Loan Types:

ConventionalFHAVAHome EquityConstruction LoansRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Chilton, TX

What are the typical down payment requirements for buying a home in Chilton, TX, given its rural setting?

In Chilton and surrounding Falls County, many lenders offer USDA Rural Development loans, which require **0% down payment** for eligible borrowers and properties. This is a major advantage for the area. Conventional loans with 3-5% down are also common, but the USDA program is particularly popular here due to the town's qualification.

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

While Chilton itself does not have a city-run program, Texas State Affordable Housing Corporation (TSAHC) programs are accessible to Falls County residents. These can provide **down payment assistance grants and favorable mortgage rates** for qualifying first-time buyers. It's also wise to check with local credit unions, like those in nearby Marlin, for potential community-specific offers.

How do property taxes in Falls County impact my mortgage payments and affordability in Chilton?

Falls County property tax rates are a significant component of your monthly payment. The combined rate in Chilton is typically around **2.3% - 2.5%** annually. Your lender will escrow these taxes, so when calculating affordability, factor in that a $150,000 home could add $300+ to your monthly payment just for taxes, which influences how much house you can qualify for.

Is it difficult to get a mortgage for a manufactured or mobile home in Chilton?

Financing for manufactured homes in Chilton is more accessible than in many urban areas, provided the home is on a permanent foundation and meets HUD guidelines. **FHA Title I and USDA loans** are common financing paths for these properties. Working with a local lender experienced in rural and manufactured home lending in Central Texas is crucial for a smooth process.

How does Chilton's appraisal process differ from larger cities, and what challenges might arise?

Appraisals in a small, rural market like Chilton can be challenging due to fewer recent, comparable home sales ("comps"). An appraiser may need to look at sales in a wider area, like Marlin or Rosebud, which can sometimes affect the appraised value. It's important to work with a lender who uses appraisers familiar with the **unique valuation factors of rural Falls County properties**.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Chilton, Texas

Searching for "home loan lenders near me" is one of the most crucial steps in your journey to homeownership in Chilton, Texas. While the digital age offers endless online options, understanding the local landscape can make all the difference in securing a mortgage that fits both your dreams and the unique character of our community.

Chilton’s housing market, like many in rural Central Texas, offers a appealing blend of affordability and space compared to major metropolitan areas. This means your home loan needs might differ from someone buying in Dallas or Houston. You might be looking at financing for a property with more land, a older home with charm and character, or a new build in a small, developing subdivision. Local lenders understand these nuances. They have firsthand knowledge of property values in Falls County, can accurately appraise rural parcels, and often have more flexibility when evaluating unique properties that might confuse a large, national algorithm.

So, what should you do? First, broaden your definition of "near me." In a community like Chilton, your best options might include local credit unions, community banks with branches in nearby towns like Marlin or Waco, and trusted Texas-based mortgage companies. These institutions often provide a personalized touch; you’ll likely speak to the same person throughout the process, someone who knows the local tax rates, insurance considerations, and well drillers—practical knowledge that impacts your overall homeownership costs.

As a Texas homebuyer, you also have access to fantastic state-specific programs that local lenders can expertly guide you through. The Texas Department of Housing and Community Affairs (TDHCA) offers programs like the Texas Home Loan Program and My First Texas Home, which provide competitive interest rates, down payment assistance, and tax credits for eligible buyers. A lender familiar with these programs is invaluable, as they can help you navigate the eligibility requirements, which often include income limits and home price caps that are very compatible with the Chilton market.

Your actionable plan starts with a list. Research and make initial calls to three types of lenders: a local community bank, a regional credit union (like Amplify Credit Union, which serves Central Texas), and one recommended Texas mortgage broker. Ask each one specific questions: "What is your experience with loans on properties outside city limits?" "How do you handle TDHCA down payment assistance programs?" "Can you share examples of recent closings in Falls County?"

Remember, the right "home loan lender near me" for Chilton isn't just about the lowest rate—it's about finding a financial partner who understands the value of a front porch overlooking Texas countryside and can build a loan that helps you hold the keys to it. Start local, ask detailed questions, and leverage those great Texas programs. Your new home awaits.

Nearby Cities

Explore mortgage lenders in cities near Chilton, TX

Why Choose a Mortgage Lender in Chilton?

Local Market Knowledge

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