The Best Mortgage Lenders in Diana, TX
Compare verified mortgage lenders serving Diana, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Diana
Featured Mortgage Lenders
Benchmark Lending Team
Benchmark Mortgage
Benchmark Mortgage's Tyler office serves the Diana area with exceptional local expertise and personalized service. As a top-rated mortgage broker with deep East Texas roots, they offer competitive rates and a wide range of loan products. Their team specializes in rural property financing and has extensive experience with USDA loans, which are particularly relevant for the Diana area. With nearly 200 overwhelmingly positive reviews, they're known for their transparent process, responsive communication, and ability to handle complex financing situations.
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Southside Bank Mortgage Division
Southside Bank
Southside Bank has been serving East Texas communities including Diana for over six decades. As a locally-headquartered community bank, they offer the stability of an established financial institution with the personalized service of a local lender. Their mortgage team specializes in rural and semi-rural properties common in the Diana area, with particular expertise in construction loans and land financing. Customers consistently praise their competitive rates, local underwriting decisions, and commitment to the community.
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Fairway Independent Mortgage Corp - Tyler
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage's Tyler branch consistently ranks among the top mortgage lenders serving the Diana area. With nearly 300 excellent reviews, they're celebrated for their efficient processing, competitive rates, and exceptional customer service. Their loan officers have extensive experience with East Texas property types and understand the unique aspects of financing in rural communities. They offer a comprehensive range of loan programs and are particularly strong with VA and USDA loans, making them an excellent choice for military families and rural homebuyers in the Diana region.
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Frequently Asked Questions
Common questions about mortgage lending in Diana, TX
What are the current mortgage rates like for homes in Diana, TX, and how do they compare to the state average?
Mortgage rates in Diana, TX, are generally in line with national and state averages, but can be influenced by the rural nature of the area and property types. As of recent trends, rates for a conventional 30-year fixed loan in the Longview/Tyler region, which serves Diana, often range slightly above the national average due to a smaller, less competitive lender market. It's crucial to shop around with both local community banks and larger regional lenders to find the best rate for your specific financial profile.
Are there any down payment assistance or first-time homebuyer programs specifically available for Diana, TX, residents?
Yes, Diana homebuyers can access several Texas-wide programs. The Texas Department of Housing and Community Affairs (TDHCA) offers the My First Texas Home program with competitive interest rates and down payment assistance for eligible first-time buyers. Additionally, the USDA Rural Development loan is a key program for Diana, as much of the area qualifies for this zero-down-payment loan, making homeownership more accessible in this rural community.
How does the appraisal process work for a rural property or land in Diana, given its location outside major metro areas?
Appraising properties in Diana can be more complex due to larger lots, unique rural features, and fewer comparable sales ("comps"). Lenders will often require an appraiser familiar with the Upshur County area who can properly value land, wells, septic systems, and outbuildings. This process may take longer and sometimes cost more than an appraisal in a suburban subdivision, so buyers should factor in additional time and potential for value discrepancies.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Diana?
Property taxes in Upshur County, where Diana is located, are a significant component of your monthly payment. The county tax rate, combined with any local school district taxes, typically results in an effective tax rate that is competitive within East Texas. Furthermore, homeowners insurance can be higher than urban averages due to the increased risk of wildfire in rural areas and the potential need for supplemental well or septic system coverage, which should be budgeted for accurately.
Are construction or renovation loans common in Diana for buying land and building a home?
Yes, given the availability of land in the Diana area, construction-to-permanent loans are a popular mortgage option. These loans finance both the land purchase and the building of a new home, rolling into a traditional mortgage upon completion. It's important to work with a lender experienced in rural construction loans, as they will understand the nuances of well and septic approvals, surveys, and working with local builders who meet lending requirements.
Why Choose a Mortgage Lender in Diana?
Local Market Knowledge
Lenders who understand Diana'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 Diana and get competitive rates on your home loan.