The Best Mortgage Lenders in College Station, TX
Compare verified mortgage lenders serving College Station, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in College Station
Featured Mortgage Lenders
David B. Sargent
Brazos Valley Mortgage
Brazos Valley Mortgage is a highly respected local mortgage brokerage serving College Station and the surrounding area for over two decades. With exceptional 4.9-star ratings across multiple platforms, they specialize in personalized service and finding the best loan options for local homebuyers. Their deep understanding of the Bryan-College Station market, combined with access to multiple lenders, allows them to offer competitive rates and flexible terms. The company is particularly praised for their responsive communication, transparent process, and expertise with first-time homebuyer programs.
Loan Types:
Mortgage Department
First National Bank of Bryan
As one of the oldest and most established financial institutions in the region, First National Bank of Bryan brings unparalleled local expertise and stability to College Station homebuyers. With deep community roots spanning over a century, they offer the advantages of a local lender combined with comprehensive mortgage services. Customers consistently praise their knowledgeable loan officers, competitive local rates, and streamlined approval process. The bank specializes in construction loans and permanent financing, making them an excellent choice for new construction in the growing College Station market.
Loan Types:
Local Branch
Guild Mortgage
Guild Mortgage brings national lending power with strong local presence through their Bryan-College Station branch. As a top-10 independent mortgage lender nationwide, they offer extensive loan programs while maintaining personalized local service. Their College Station team receives high marks for expertise with VA loans and first-time homebuyer programs, particularly popular in a university town. Guild is known for their in-house underwriting and processing, which often results in faster closings and more responsive service compared to larger banks. Their long track record and A+ BBB rating provide additional confidence for local homebuyers.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in College Station, TX
Are there any special mortgage programs for Texas A&M University employees or faculty buying a home in College Station?
Yes, Texas A&M employees may have access to special benefits. The Texas A&M University System offers a Mortgage Assistance Program (MAP) that provides a forgivable second lien loan to help with down payment and closing costs. Additionally, many local lenders are familiar with these programs and may offer discounted rates or fees for university staff.
How does the seasonal student population in College Station affect the mortgage and home-buying process?
The influx of students each fall creates a competitive rental market, making investment properties attractive. For primary home purchases, timing can be key—looking in late spring or summer may offer slightly less competition than during peak student move-in periods. Lenders in the area are very experienced in underwriting loans for non-owner-occupied properties given the strong rental demand.
What are typical down payment requirements for first-time homebuyers in College Station, and are there local assistance programs?
While conventional loans often require 3-5% down, College Station homebuyers should explore the Texas State Affordable Housing Corporation (TSAHC) programs. TSAHC offers down payment assistance grants and favorable loan terms for eligible buyers in Brazos County. The city's stable economy, driven by the university, also means many local lenders offer competitive first-time buyer products.
How do property tax rates in Brazos County impact my monthly mortgage payment in College Station?
Brazos County property tax rates are a significant component of your monthly payment, typically ranging from 2.0% to 2.4% of the home's appraised value. This is higher than the national average, so lenders will carefully calculate this into your debt-to-income ratio. It's crucial to budget for this and consider an escrow account as part of your mortgage.
Are USDA loans a viable option for homes in College Station, given its proximity to rural areas?
Yes, parts of College Station and many surrounding communities in Brazos County are eligible for USDA Rural Development loans, which offer 100% financing. While the core urban area may not qualify, neighborhoods on the city's outskirts often do. A local mortgage officer can provide a precise eligibility map to see if your target property qualifies for this zero-down-payment program.
Why Choose a Mortgage Lender in College Station?
Local Market Knowledge
Lenders who understand College Station'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 College Station and get competitive rates on your home loan.