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Clyde, TX

The Best Mortgage Lenders in Clyde, TX

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

3
Top Lenders
4.7
Avg Rating
355+
Reviews
10
Loan Types

Available Loan Programs in Clyde

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Land Loans
Home Equity

Featured Mortgage Lenders

1

Troy Hays

First Financial Bank Mortgage

★★★★☆
4.8/5

First Financial Bank has been serving the Clyde area and West Texas region for over 130 years, making them one of the most established and trusted mortgage lenders in the region. Their local mortgage team understands the unique needs of rural Texas communities and offers personalized service with competitive rates. With strong community ties and extensive experience in agricultural and rural property financing, they're particularly well-suited for Clyde residents seeking local decision-making and long-term relationships.

Experience:25 years
Reviews:150 customer reviews
400 Pine Street, Abilene, TX 79601

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mortgage Department

First National Bank of Albany

★★★★☆
4.7/5

As a community bank with deep roots in West Texas, First National Bank of Albany has been serving Clyde and surrounding communities for generations. They specialize in rural and agricultural lending with local underwriting decisions, making them ideal for Callahan County residents. Their mortgage team provides personalized service with quick turnaround times and competitive rates, particularly strong in construction loans and rural property financing that many national lenders avoid.

Experience:140 years
Reviews:85 customer reviews
100 S Main Street, Albany, TX 76430

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLand LoansRefinance
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3

Mortgage Services

Prosperity Bank

★★★★☆
4.6/5

Prosperity Bank maintains a strong presence throughout West Texas with multiple branches serving the Clyde area. They offer competitive mortgage rates with the advantage of local loan officers who understand the specific needs of Central West Texas communities. Their mortgage team is known for responsive service and flexibility with various loan programs, including specialized options for first-time homebuyers and rural property purchases common in the Clyde area.

Experience:75 years
Reviews:120 customer reviews
1002 N 1st Street, Abilene, TX 79601

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Clyde, TX

Are there any special mortgage programs for first-time homebuyers in Clyde, TX?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers the My First Texas Home program, which provides down payment assistance and competitive fixed-rate mortgages. This is particularly valuable in Clyde, where median home prices are accessible, allowing buyers to maximize the assistance for closing costs or a lower interest rate.

How do property taxes in Callahan County affect my mortgage payment in Clyde?

Callahan County property taxes are a significant component of your monthly escrow payment. While Clyde's rates are generally lower than major metro areas, it's crucial to factor them in, as they can add several hundred dollars to your monthly payment. Your lender will use the county's assessed rate to calculate an accurate estimate for your escrow account.

What is the typical down payment needed for a home in Clyde's market?

While 20% down is ideal to avoid PMI, many buyers in Clyde successfully utilize conventional loans with 3-5% down or FHA loans with 3.5% down. Given the area's relatively affordable home prices compared to statewide averages, saving for a down payment on a Clyde home is often more achievable for local buyers.

Are USDA rural housing loans available for properties in Clyde, TX?

Yes, Clyde is eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a major advantage for purchasing in the Clyde area, as it opens homeownership to buyers with moderate incomes who may not have substantial savings for a down payment.

How does Clyde's stable, small-town economy influence mortgage lending and approval?

Clyde's economy, anchored by agriculture, local commerce, and proximity to Abilene, is seen as stable by lenders. Employment with established local employers, school districts, or Dyess Air Force Base is viewed favorably. However, self-employed or commission-based borrowers should be prepared with thorough documentation, as lenders may scrutinize income stability closely in smaller markets.

Mortgage Insights

Finding Your Clyde, Texas Mortgage Loan Officer: A Local Homebuyer’s Guide

Searching for a "mortgage loan officer near me" in Clyde, Texas, is more than just finding a convenient office location. It’s about partnering with a professional who understands the unique dynamics of our local market and can guide you through one of the most significant financial decisions of your life. For homebuyers in our tight-knit community, the right loan officer is a key ally.

Clyde’s housing market presents specific opportunities and challenges. As a community with strong ties to Abilene and a more rural character, property types can range from historic homes in town to acreage properties on the outskirts. A local loan officer will understand the nuances of appraising these different property types, which can be crucial for a smooth transaction. They’re also tuned into the local economy, knowing how employment with the school district, nearby Dyess Air Force Base, or agriculture impacts a buyer’s financial profile. Their local network of realtors, appraisers, and title companies can help streamline your entire homebuying process.

When looking for your loan officer, don’t just pick the first name in a search result. Start by asking for referrals from your local real estate agent, friends, or family who have recently purchased in the area. Look for someone who is not only licensed but also has a track record of closing loans in Callahan County and the surrounding region. In your initial conversation, ask direct questions: “What are the most common loan programs you use for buyers in Clyde?” and “Can you walk me through how you’ve handled properties with wells or septic systems?” Their answers will reveal their local expertise.

Texas offers several programs that a knowledgeable Clyde loan officer can help you explore. The Texas Department of Housing and Community Affairs (TDHCA) offers down payment assistance and first-time homebuyer programs with favorable terms. Additionally, as a veteran or active-duty service member connected to Dyess, you may have access to VA loans, a powerful tool with significant benefits. A proficient local officer will be well-versed in these options and can determine if you qualify.

Your actionable first step is to get pre-approved. Before you seriously start looking at homes on Clyde’s quiet streets or country roads, connect with a local loan officer for a pre-approval. This does more than just tell you your budget; in a competitive situation, it shows sellers you are a serious and vetted buyer. It also gives you a chance to “test drive” the loan officer—see how responsive they are, how clearly they explain terms, and if you feel confident in their guidance.

Buying a home in Clyde is about investing in a community. By taking the time to find a mortgage loan officer who knows this community inside and out, you’re not just securing a loan; you’re gaining a trusted advisor for your new life in Texas.

Nearby Cities

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Why Choose a Mortgage Lender in Clyde?

Local Market Knowledge

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