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Follett, TX

The Best Mortgage Lenders in Follett, TX

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

3
Top Lenders
4.7
Avg Rating
455+
Reviews
7
Loan Types

Available Loan Programs in Follett

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction

Featured Mortgage Lenders

1

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender known for its exceptional customer service and competitive rates, serving the Follett area through its Amarillo branch. With over 28 years in business, they specialize in a wide range of loan products and have built a strong reputation for reliability and personalized service. Their high ratings and substantial review count reflect consistent customer satisfaction and expertise in Texas mortgage markets.

Experience:28 years
Reviews:185 customer reviews
3501 Interstate 40 Frontage Rd, Amarillo, TX 79106

Loan Types:

ConventionalFHAVAUSDAJumbo
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2

New American Funding

New American Funding, LLC

★★★★☆
4.7/5

New American Funding is a highly regarded mortgage lender with a strong presence in Texas, offering tailored solutions for homebuyers in Follett and surrounding areas. Founded in 2003, they provide diverse loan options and are praised for their responsive customer support and competitive rates. Their extensive experience and positive reviews highlight their commitment to helping clients navigate the mortgage process efficiently.

Experience:21 years
Reviews:150 customer reviews
6100 Interstate 40 West, Amarillo, TX 79106

Loan Types:

ConventionalFHAVAUSDARefinance
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3

Supreme Lending

Supreme Lending, Inc.

★★★★☆
4.6/5

Supreme Lending is a reputable mortgage company with over 25 years of experience, serving Follett and the Texas Panhandle region from its Amarillo office. They offer a comprehensive suite of loan products and are known for their competitive rates and expert guidance. With a solid track record and high customer ratings, they excel in providing personalized mortgage solutions and maintaining strong community ties.

Experience:25 years
Reviews:120 customer reviews
2801 Civic Circle, Amarillo, TX 79109

Loan Types:

ConventionalFHAVAJumboConstruction
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Frequently Asked Questions

Common questions about mortgage lending in Follett, TX

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

In Follett's rural and often more affordable market, many conventional loans are available with down payments as low as 3-5%. For eligible buyers, USDA Rural Development loans offer a significant advantage with 0% down payment, as Follett's location qualifies for this program. Local lenders are familiar with these options and can guide you based on your specific property.

Are there any local or state programs for first-time homebuyers in Follett that I should know about?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers first-time homebuyer programs like the Texas Homebuyer Program, which provides down payment assistance and competitive fixed-rate mortgages. While not city-specific, these state programs are actively used in Follett. Additionally, checking with local credit unions or banks may reveal specific community-focused lending initiatives.

How does Follett's agricultural economy and property types affect the mortgage process?

If you are purchasing a property with acreage or agricultural potential, lenders will scrutinize it more closely than a standard suburban lot. You may need a specialized agricultural or rural property loan, and the appraisal must accurately reflect the value of both the home and the land. It's crucial to work with a lender experienced in rural Texas properties to navigate these requirements smoothly.

What is the current range for mortgage interest rates in Follett, and are they different from urban areas?

Mortgage rates in Follett are generally aligned with national and state averages, as they are set by larger market forces. However, your specific rate will depend heavily on your credit profile, loan type, and down payment. Sometimes, local community banks may offer competitive rates or relationship discounts, so it's wise to compare offers from both local and national lenders.

What unique closing costs or fees should I anticipate when getting a mortgage in Follett, Texas?

Beyond standard fees, you should budget for a thorough well and septic inspection if the property is not on city utilities, which is common in the area. Title insurance and survey costs are also key in rural areas to ensure clear property boundaries. Your lender will provide a Loan Estimate detailing all costs, but discussing these rural-specific items early is important for an accurate budget.

Mortgage Insights

Finding Your Perfect Fit: A Guide to House Lenders in Follett, Texas

Searching for "house lenders near me" in Follett, Texas, is about more than just finding the closest office. It's about connecting with financial partners who understand the unique rhythm of our local market and the specific needs of homebuyers in the Texas Panhandle. Follett offers a distinct blend of small-town community, agricultural roots, and wide-open spaces, and your mortgage journey should reflect that character.

In a tight-knit community like Follett, local knowledge is invaluable. A lender familiar with our area will have a realistic grasp on property values for everything from a historic home on Main Street to acreage outside the city limits. They understand the economic drivers here, which can lead to more accurate appraisals and smoother transactions. Furthermore, building a relationship with a local bank or credit union, such as those in nearby Perryton or Shattuck, OK, can offer a personalized touch. You’re not just an application number; you’re a neighbor. These institutions often have deep community ties and may offer more flexibility in evaluating your entire financial picture, which is especially helpful for self-employed individuals or those in agriculture.

However, don't limit your search to just the city limits. Expanding your "near me" search to include regional lenders in larger Panhandle hubs like Amarillo can provide access to a wider array of loan products and potentially more competitive rates. The key is finding a lender, whether local or regional, who is responsive and willing to guide you through the process from afar, as many steps can be handled online or over the phone.

As a Texas homebuyer, you have access to several excellent state-sponsored programs that a knowledgeable lender can help you navigate. The Texas Department of Housing and Community Affairs (TDHCA) offers programs like the Texas First Time Homebuyer Program and the My First Texas Home program, which provide competitive fixed-rate mortgages, down payment assistance, and even mortgage credit certificates for eligible buyers. These can be game-changers, making homeownership more accessible in Follett's market.

Your actionable plan starts here. First, get pre-approved. This is crucial in any market and shows sellers you’re serious. When interviewing lenders, ask direct questions: "Do you frequently work with buyers in Ochiltree County?" "What Texas-specific down payment assistance programs do you recommend?" "How do you handle the appraisal process for rural properties?" Compare not just interest rates, but also fees, customer service, and their understanding of our area.

Buying a home in Follett is an investment in a unique way of life. By choosing a lender who genuinely understands this corner of Texas, you’re not just securing a loan—you’re gaining a trusted advisor for one of the most significant decisions you’ll make. Start your search locally, think regionally, and leverage the great programs our state offers to plant your roots firmly in the Panhandle soil.

Nearby Cities

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Why Choose a Mortgage Lender in Follett?

Local Market Knowledge

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