The Best Mortgage Lenders in Fieldton, TX
Compare verified mortgage lenders serving Fieldton, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fieldton
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Texas, known for its competitive rates, digital mortgage platform, and exceptional customer service. They have consistently high ratings due to their efficient loan processing, transparency, and wide range of loan options, making them a reliable choice for homebuyers in Fieldton and surrounding areas. Their long track record and numerous positive reviews highlight their commitment to client satisfaction and community support.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is highly regarded for its customer-centric approach and fast loan closings, with a significant footprint in Texas. They excel in providing personalized service and have a reputation for integrity and community involvement. Their high ratings stem from positive feedback on their responsive support and variety of loan products, ensuring they meet the needs of Fieldton residents seeking reliable mortgage solutions.
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Supreme Lending
Supreme Lending, Inc.
As a Texas-based lender, Supreme Lending offers deep local expertise and a commitment to personalized service, making them a trusted option for Fieldton homebuyers. They are praised for their competitive rates, flexible loan programs, and strong customer relationships, backed by decades of experience and high satisfaction ratings. Their focus on community engagement and reliable lending practices ensures they stand out as a top choice in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Fieldton, TX
Are there any special first-time homebuyer programs or grants available specifically for Fieldton, TX?
Yes, Fieldton homebuyers can access the Texas State Affordable Housing Corporation's (TSAHC) Homes for Texas Heroes and Home Sweet Texas programs, which offer down payment assistance grants and competitive interest rates. Additionally, the South Plains Association of Governments may offer local grants or soft-second loans for income-eligible buyers in the Fieldton area to help with closing costs.
How do property taxes in Lamb County, where Fieldton is located, impact my monthly mortgage payment?
Lamb County has relatively moderate property tax rates compared to larger Texas metros, but they are still a significant component of your monthly escrow payment. It's crucial to get an accurate tax estimate from the Lamb County Appraisal District when budgeting, as your lender will use this to calculate your total monthly mortgage payment, which includes principal, interest, taxes, and insurance (PITI).
What is the typical down payment required for a mortgage on a home in Fieldton's rural market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many local lenders in the Fieldton area are familiar with USDA Rural Development loans, which require 0% down for eligible properties and borrowers in designated rural areas. Conventional loans with 3-5% down are also common, especially for first-time buyers purchasing more modestly priced homes typical of the region.
Does Fieldton's location in an agricultural area affect the type of properties or appraisals needed for a mortgage?
Yes, if you are looking at a property with significant acreage, outbuildings, or agricultural use, lenders may require a specialized rural or agricultural appraisal, which can be more complex and costly than a standard appraisal. It's important to work with a lender experienced in rural Texas properties to ensure the property meets specific loan program guidelines.
Are mortgage interest rates in Fieldton, TX, different from the national average?
Mortgage rates are primarily set by national markets, so rates in Fieldton generally align with national averages. However, your final rate will depend on your personal credit profile, loan type, down payment, and the specific lender you choose. Shopping around with local community banks, credit unions, and regional lenders serving the South Plains can help you find the most competitive local rate and terms.
Why Choose a Mortgage Lender in Fieldton?
Local Market Knowledge
Lenders who understand Fieldton'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 Fieldton and get competitive rates on your home loan.