The Best Mortgage Lenders in Crowley, TX
Compare verified mortgage lenders serving Crowley, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Crowley
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service, competitive rates, and wide range of loan products. With nearly three decades of experience, they have a strong local presence in the DFW metroplex, including Crowley, and are praised for their personalized approach, transparency, and efficient closing processes. Their high ratings reflect consistent customer satisfaction and reliability.
Loan Types:
Movement Mortgage, LLC
Movement Mortgage, LLC
Movement Mortgage is renowned for its fast loan approvals and deep community involvement. Serving Crowley and the broader DFW area, they offer a comprehensive suite of mortgage options with a focus on customer-centric service. Their strong reputation stems from innovative technology, experienced loan officers, and a commitment to making homeownership accessible, backed by numerous positive reviews.
Loan Types:
New American Funding
New American Funding
New American Funding stands out for its diverse loan products and emphasis on serving underrepresented communities, including first-time homebuyers in Crowley. With over two decades of experience, they provide flexible solutions, competitive rates, and exceptional customer support. Their high customer satisfaction ratings and strong regional presence make them a trusted choice for mortgages in North Texas.
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Frequently Asked Questions
Common questions about mortgage lending in Crowley, TX
Are there any down payment assistance programs specifically for homebuyers in Crowley, TX?
Yes, homebuyers in Crowley can access statewide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home program, which offers competitive interest rates and down payment assistance. As part of the Dallas-Fort Worth metroplex, some lenders also offer local grants or assistance programs targeted at Tarrant County residents. It's advisable to work with a mortgage lender familiar with these Texas-specific programs to maximize your benefits.
How does Crowley's rapid growth and new construction affect my mortgage options?
Crowley's significant new construction, particularly in master-planned communities like Johnson County Crossing, often means builders have preferred lenders offering incentives like closing cost credits. However, you are not required to use the builder's lender. For new builds, be prepared for longer rate lock periods (often 60-90 days) and understand that appraisals can be more complex, as they rely heavily on future community comparables.
What are typical property tax rates in Crowley, and how should I factor them into my mortgage payment?
Crowley property tax rates are a combination of rates from the City of Crowley, Crowley ISD, Tarrant County, and others, typically totaling around 2.3% to 2.5% of the appraised value annually. This is a critical component of your monthly escrow payment in Crowley, often adding several hundred dollars. It's essential to get an accurate tax estimate during pre-approval, as Tarrant County property values have been rising steadily.
As a first-time homebuyer in Crowley, what type of loan is most common for the local market?
Conventional loans are very popular, but many first-time buyers in Crowley successfully use FHA loans due to their lower down payment requirements (as low as 3.5%), which is helpful in a competitive market. Given the mix of older homes in established neighborhoods and newer builds, an FHA loan's property condition requirements are an important consideration. VA loans are also common due to the proximity to military installations like NAS Fort Worth JRB.
Does living in a flood zone in parts of Crowley impact the mortgage process?
Yes, certain areas in Crowley, especially near Big Fossil Creek or other waterways, may be in designated flood zones. If your prospective home is in a Special Flood Hazard Area (SFHA), your lender will require you to purchase flood insurance as a condition of the mortgage. This is a separate, mandatory policy in addition to homeowner's insurance and will increase your total monthly housing cost, so it's crucial to check FEMA flood maps early in your home search.
Why Choose a Mortgage Lender in Crowley?
Local Market Knowledge
Lenders who understand Crowley'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 Crowley and get competitive rates on your home loan.