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Evant, TX

The Best Mortgage Lenders in Evant, TX

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

3
Top Lenders
4.8
Avg Rating
415+
Reviews
9
Loan Types

Available Loan Programs in Evant

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
ARM

Featured Mortgage Lenders

1

American Bank of Texas Mortgage Team

American Bank of Texas

★★★★☆
4.8/5

American Bank of Texas is a highly-rated regional bank with deep roots in Central Texas, serving Evant and surrounding rural communities. They consistently receive excellent customer reviews for their personalized service and competitive mortgage rates. As a community-focused institution with over 30 years of experience, they specialize in understanding the unique needs of rural Texas homeowners. Their mortgage team provides local underwriting and decision-making, offering various loan programs including USDA loans that are particularly beneficial for Evant area residents.

Experience:25 years
Reviews:120 customer reviews
3500 East Central Texas Expressway, Killeen, TX 76543

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

First National Bank Texas Mortgage Division

First National Bank Texas

★★★★☆
4.7/5

First National Bank Texas brings over a century of banking experience to the Central Texas region, with multiple branches serving the Evant area. They receive outstanding ratings for their mortgage services, particularly praised for transparent communication and competitive rate offerings. As a established regional bank, they understand the Central Texas market dynamics and offer specialized programs for rural properties. Their experienced loan officers provide personalized guidance through the entire mortgage process, with strong emphasis on customer education and satisfaction.

Experience:115 years
Reviews:95 customer reviews
100 West Central Texas Expressway, Harker Heights, TX 76548

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceConstruction
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3

Fairway Independent Mortgage Corporation - Waco Branch

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage is a nationally recognized mortgage lender with a highly-rated local branch in Waco that actively serves the Evant area. They maintain exceptional customer satisfaction ratings and are known for their efficient processing and competitive rates. The Waco team has extensive experience with rural Central Texas properties and offers comprehensive mortgage solutions including specialized USDA loans perfect for Evant residents. Their technology-driven approach combined with personalized service ensures a smooth mortgage experience from application to closing.

Experience:25 years
Reviews:200 customer reviews
1105 Wooded Acres Drive, Suite 410, Waco, TX 76710

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceConstruction
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Frequently Asked Questions

Common questions about mortgage lending in Evant, TX

What are the typical down payment requirements for buying a home in Evant, TX, given its rural market?

In Evant's rural market, many lenders offer USDA Rural Development loans, which require **0% down payment** for eligible buyers and properties. Conventional loans typically require 3-5% down, while FHA loans require 3.5% down. Due to the lower median home prices in Coryell County compared to urban areas, saving for a down payment can be more achievable for local buyers.

Are there any local or state mortgage assistance programs specifically beneficial for Evant homebuyers?

Yes, the **Texas Department of Housing and Community Affairs (TDHCA)** offers down payment assistance and favorable mortgage rates through programs like the Texas Homebuyer Program. These are particularly valuable in Evant, as they can be combined with USDA loans. Additionally, some lenders serving Central Texas may have special programs for veterans, teachers, or first responders in the area.

How do property taxes in Coryell County impact my mortgage payment in Evant?

Coryell County property taxes are a significant component of your monthly mortgage payment, as they are escrowed by the lender. The county's effective tax rate is competitive but can vary. It's crucial to factor this into your budget, as your principal and interest payment will be supplemented by these taxes and homeowners insurance, which can sometimes equal the cost of the loan payment itself.

What should I know about getting a mortgage for land or a manufactured home in the Evant area?

Financing for land or manufactured homes in rural Evant often requires different loan products. For land purchases, you may need a land loan or a construction-to-permanent loan if building. For manufactured homes, securing a loan can be more complex; you'll need a lender specializing in these loans, and the home must be permanently affixed to a foundation and titled as real estate to qualify for most traditional mortgage programs.

How does Evant's location and limited local lender presence affect my choice of mortgage lender?

While Evant has few, if any, physical bank branches specializing in mortgages, most homebuyers in the area work with regional lenders from nearby cities like Killeen, Gatesville, or Waco, or use national online lenders. It's important to choose a lender with experience in rural Texas properties who understands well and septic system requirements, which are common in the area, to ensure a smooth appraisal and closing process.

Mortgage Insights

Finding Your Perfect Mortgage Lender in Evant, Texas

Searching for a "mortgage lender near me" in Evant, Texas, is about more than just convenience; it's about finding a financial partner who understands the unique rhythm of life and real estate in our small Central Texas community. While you might be tempted to click on the first national online lender you see, taking a more localized approach can offer significant advantages for your homebuying journey here in Coryell County.

The Evant housing market, like many in rural Texas, operates on its own terms. You might be looking at acreage, a historic home, or a property with unique characteristics that don't fit a cookie-cutter lending model. A local lender, whether based in nearby Gatesville, Hamilton, or even one who serves our region from a slightly larger hub, brings invaluable on-the-ground knowledge. They understand how properties are valued here, the nuances of well and septic systems common in our area, and the pace of transactions in a smaller market. This expertise can prevent appraisal hiccups and streamline your closing process.

When seeking a lender, prioritize those familiar with Texas-specific programs that can be a boon for Evant buyers. The Texas Department of Housing and Community Affairs (TDHCA) offers down payment assistance and competitive first-lien mortgages through programs like the Texas Homebuyer Program. These are fantastic tools for teachers, firefighters, veterans, and many first-time buyers. A local mortgage professional will know exactly how to navigate these programs and if you qualify, potentially saving you thousands of dollars upfront.

Your actionable first step is to shift your search from a generic "near me" to a targeted "who knows Evant." Ask for recommendations from your local real estate agent—they work with lenders daily and know who provides smooth closings. Visit community banks and credit unions in Coryell and surrounding counties. These institutions often have a strong commitment to local lending and may offer more personalized service and portfolio loan options for non-standard properties.

Finally, have a direct conversation with any potential lender about your specific goals. Are you buying a fixer-upper? A local lender might be more familiar with renovation loans like the FHA 203(k) for our older housing stock. Planning to build? They'll understand the intricacies of construction loans in our region. By choosing a lender who is invested in Central Texas, you're not just getting a loan; you're gaining a guide who can help you navigate the path to homeownership right here in Evant, ensuring your dream home is built on the solid foundation of local expertise.

Nearby Cities

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Why Choose a Mortgage Lender in Evant?

Local Market Knowledge

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