SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Cleveland, TX

The Best Mortgage Lenders in Cleveland, TX

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

3
Top Lenders
4.6
Avg Rating
810+
Reviews
11
Loan Types

Available Loan Programs in Cleveland

Fixed-rate
Adjustable-rate
FHA
VA
USDA
Jumbo
Refinance
Conventional
Reverse Mortgages
Construction Loans
Home Equity

Featured Mortgage Lenders

1

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Texas, known for its competitive rates and digital-first approach. They excel in customer satisfaction with high ratings for their efficient online application process and personalized service. Serving Cleveland through their Houston office, they offer a wide range of loan products and have a reputation for quick closings and transparency, making them a reliable choice for homebuyers in the area.

Experience:24 years
Reviews:350 customer reviews
1800 West Loop South, Houston, TX 77027

Loan Types:

Fixed-rateAdjustable-rateFHAVAUSDAJumboRefinance
Visit Website
2

New American Funding

New American Funding, LLC

★★★★☆
4.6/5

New American Funding is a highly regarded mortgage lender with a focus on diversity and community service, offering tailored solutions for first-time homebuyers and refinancers. They have excellent customer reviews for their responsive support and competitive rates, and they actively serve the Cleveland area through a network of local loan officers. Their commitment to education and flexible loan options makes them a trusted partner in the mortgage process.

Experience:21 years
Reviews:280 customer reviews
14511 Myford Road, Irvine, CA 92606 (serves Cleveland via local agents and online)

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
Visit Website
3

Amegy Bank

Amegy Bank, N.A.

★★★★☆
4.4/5

Amegy Bank is a Texas-based regional bank with deep roots in the Houston metropolitan area, including Cleveland. They are praised for their personalized service, local expertise, and competitive mortgage products. With a strong community presence and high customer satisfaction ratings, Amegy offers in-person and online support, making them ideal for buyers seeking a reliable, relationship-focused lender with extensive experience in the region.

Experience:18 years
Reviews:180 customer reviews
1800 West Loop South, Houston, TX 77027

Loan Types:

ConventionalFHAVAConstruction LoansHome EquityRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Cleveland, TX

What are typical down payment requirements for homes in Cleveland, TX, given its more rural location compared to major metros?

While 20% down is ideal to avoid PMI, many lenders in the Cleveland area offer conventional loans with as little as 3-5% down, especially for first-time buyers. Given the area's relatively affordable home prices compared to Houston, a lower down payment can be more attainable. USDA loans, which require 0% down, are also a popular option for eligible properties in the more rural parts of Liberty County.

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

Yes, the Texas State Affordable Housing Corporation (TSAHC) offers statewide programs like the Homes for Texas Heroes and Home Sweet Texas Home Loan programs, which provide down payment assistance grants and competitive rates. While Cleveland doesn't have a city-specific program, Liberty County residents can access these state resources, and some local lenders may have partnerships with specific grant programs.

How does being in a flood zone affect the mortgage process for properties in Cleveland, TX?

This is a critical local consideration due to Cleveland's proximity to the Trinity River and its location within Liberty County. Lenders will require a flood zone determination; if the property is in a Special Flood Hazard Area (SFHA), mandatory flood insurance will be a condition of the loan. This adds to your monthly payment, so it's essential to factor this cost into your budget when shopping in certain neighborhoods.

What type of property appraisal challenges are common in the Cleveland area?

Appraisals in and around Cleveland can sometimes be challenging due to the mix of newer subdivisions and older, more rural properties with unique characteristics (like larger tracts of land). Finding comparable sales ("comps") for custom homes or properties on several acres may require an appraiser with local expertise. This can occasionally affect the valuation, so working with a lender familiar with the local market is advantageous.

Are mortgage rates in Cleveland, TX, different from those in nearby Houston?

Mortgage rates are generally standardized nationwide and do not vary by city. However, the specific rate you qualify for in Cleveland will depend on your financial profile, loan type, and the lender you choose. Local credit unions and community banks in the Cleveland area may sometimes offer competitive or special promotional rates, so it's worth comparing offers from both local and national lenders.

Mortgage Insights

Finding Your Home Loan Partner in Cleveland, Texas

Buying a home in Cleveland, Texas, is an exciting prospect. You’re looking at a community that offers a blend of small-town charm, growing amenities, and easy access to the natural beauty of the Sam Houston National Forest. But before you fall in love with a property on the lake or a cozy home in one of the newer subdivisions, there’s a crucial step: securing the right mortgage. While online lenders and big banks are an option, there’s a compelling case for working with a local mortgage company right here in Cleveland.

A local mortgage broker or loan officer isn't just a faceless name on an application; they're your neighbor who understands the unique dynamics of the Cleveland and Liberty County market. They know how appraisers value homes in the Pecan Grove area versus properties closer to downtown. They understand the nuances of rural land loans if you're looking for a few acres, and they can accurately assess properties that might use well and septic systems, which are common outside the city limits. This hyper-local expertise is invaluable in ensuring a smooth appraisal and closing process, preventing last-minute surprises that can derail a deal.

For Cleveland homebuyers, this local insight translates into practical advantages. A local professional can often provide a more realistic picture of what you can afford in our specific market, where home values have seen steady growth. They can also be more accessible for quick questions, in-person document signings, or to provide a pre-approval letter that carries weight with local sellers who prefer working with known, reliable entities.

On the state level, Texas offers several programs that a knowledgeable local mortgage company can help you navigate. The Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and first-time homebuyer programs with favorable rates. A Cleveland-based loan officer will be well-versed in these options and can determine if you qualify for these valuable resources, which can make homeownership significantly more attainable.

Your actionable advice starts here. First, get recommendations. Ask your local real estate agent—they work with lenders daily and know who is efficient and reliable. Check reviews and ask for referrals from friends or colleagues who have recently bought in the area. When you interview potential lenders, ask them directly: "How many loans have you closed in Cleveland or Liberty County in the last year?" and "What specific challenges or opportunities do you see in our local market right now?" Their answers will tell you everything you need to know.

Ultimately, your mortgage is more than a transaction; it's a long-term financial relationship. Choosing a local mortgage company in Cleveland, TX, means choosing a partner who is invested in your success and the success of our community. They have the local knowledge to guide you and the personal commitment to see you through to getting the keys to your new Texas home.

Nearby Cities

Explore mortgage lenders in cities near Cleveland, TX

Why Choose a Mortgage Lender in Cleveland?

Local Market Knowledge

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