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Freer, TX

The Best Mortgage Lenders in Freer, TX

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

3
Top Lenders
4.7
Avg Rating
1130+
Reviews
11
Loan Types

Available Loan Programs in Freer

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Construction-to-Permanent
Lot Loans
Renovation
First-time Homebuyer

Featured Mortgage Lenders

1

Security Service Federal Credit Union

Security Service Federal Credit Union

★★★★☆
4.8/5

Security Service FCU is one of Texas' largest credit unions with a strong presence across South Texas, serving Freer residents with competitive mortgage products. They consistently earn top ratings for customer satisfaction, offering personalized service through local relationship managers. Their extensive branch network throughout South Texas provides convenient access for Freer homeowners, and they're known for competitive rates with flexible terms for various borrower profiles including first-time homebuyers and military families.

Experience:65 years
Reviews:450 customer reviews
Multiple branches including 14555 Nacogdoches Rd, San Antonio, TX 78247

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

Broadway Bank

Broadway Bank

★★★★☆
4.7/5

Broadway Bank has deep roots in South Texas with over 80 years of community banking experience, serving the Freer area through their regional presence. They offer a comprehensive range of mortgage products with competitive local rates and are particularly strong in construction and agricultural property lending, which suits the Freer market. Their mortgage officers provide personalized service with local decision-making authority, and they maintain excellent customer satisfaction ratings for both purchase and refinance transactions.

Experience:80 years
Reviews:380 customer reviews
Multiple locations including 1170 NE Loop 410, San Antonio, TX 78209

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLot LoansRefinance
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3

Guild Mortgage Company

Guild Mortgage Company

★★★★☆
4.6/5

Guild Mortgage has a strong Texas presence with local loan officers serving the South Texas region including Freer. They're consistently rated among the top mortgage lenders for customer service and offer a wide variety of loan programs with competitive rates. Their specialized knowledge of rural and small-town markets makes them particularly well-suited for Freer homebuyers. Guild is known for their efficient processing and closing timelines, with many customers praising their responsiveness and guidance through the entire mortgage process.

Experience:60 years
Reviews:300 customer reviews
Serving Texas with local offices including 1616 S. Staples St, Suite 205, Corpus Christi, TX 78404

Loan Types:

ConventionalFHAVAUSDAJumboRenovationRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Freer, TX

What are the typical down payment requirements for homes in Freer, TX, given the local market?

In Freer's more affordable market, many conventional loans require a 5-10% down payment, but government-backed loans like USDA and FHA are popular. USDA loans, in particular, are a strong option as many properties in and around Freer qualify for 100% financing with no down payment, making homeownership accessible for moderate-income buyers in this rural area.

Are there any local or county-specific first-time homebuyer assistance programs available in Duval County or Freer?

While Freer itself does not have a city-run program, the Texas State Affordable Housing Corporation (TSAHC) offers down payment assistance grants and favorable mortgage rates for first-time buyers statewide, which are accessible to Freer residents. It's also wise to check with local credit unions, like the Freer Federal Credit Union, which may have special programs for community members.

How does the local economy, heavily tied to oil, gas, and ranching, affect mortgage qualification for Freer residents?

Lenders are familiar with the variable income common in energy and agricultural sectors. If you're self-employed in ranching or have commission-based work in oil/gas, you'll typically need to provide two years of tax returns to demonstrate stable income averaging. A strong credit score and low debt-to-income ratio become even more crucial to offset any perceived income volatility.

What type of property appraisal challenges are unique to buying a home in a rural area like Freer?

Appraisals in Freer can be challenging due to fewer comparable home sales ("comps") in the immediate area. Appraisers may need to look at sales in nearby towns like Alice or Hebbronville, which can sometimes affect the appraised value. For homes on larger rural lots, well and septic inspections are also mandatory and can influence the loan process.

Are interest rates in Freer different from those in larger Texas cities, and what lenders are most accessible?

Interest rates are generally set nationally, so they are comparable. However, Freer buyers often work with regional lenders, local credit unions, or national lenders with strong online platforms, as there are few physical bank branches in town. Using a lender experienced with USDA rural loans is advantageous, as they understand the specific property and income requirements for the area.

Mortgage Insights

Your Guide to Finding the Right FHA Loan Officer in Freer, Texas

If you're dreaming of owning a home in the tight-knit community of Freer, Texas, you're likely exploring financing options that can make that dream a reality. For many first-time and moderate-income buyers in our area, an FHA loan is a powerful tool, thanks to its lower down payment and more flexible credit requirements. But the key to a smooth homebuying journey isn't just the loan program—it's finding the right FHA loan officer near you who understands both the national guidelines and the unique nuances of the Freer market.

Why does a local expert matter so much here? Freer's housing market is distinct. We're dealing with a smaller, more personal inventory of homes, where properties can range from historic homes closer to downtown to more modern builds on larger lots. An FHA loan comes with specific property condition requirements (like a sound roof and functioning systems), and a loan officer familiar with our area can help you identify homes that are likely to meet FHA appraisal standards from the start, saving you time and potential heartbreak. They'll know which local appraisers are FHA-certified and can navigate the process efficiently.

Your search for an "FHA loan officer near me" in Freer should start with a focus on experience and local knowledge. While you might find officers based in larger cities like Corpus Christi or Laredo, prioritize those who actively work in Duval County and surrounding areas. Ask potential loan officers directly: "How many FHA loans have you closed in rural South Texas communities like Freer?" Their answer will tell you a lot. A seasoned local professional will understand the economic drivers here, from oil and gas to ranching, and can better assess your financial picture within that context.

On a state level, remember that Texas has no state income tax, which can affect your debt-to-income ratio calculations in a positive way—a good loan officer will maximize this. Also, explore pairing your FHA loan with Texas-specific programs for extra help. The Texas Department of Housing and Community Affairs (TDHCA) offers down payment assistance grants and affordable first-lien mortgages that can be combined with an FHA loan. Your local FHA loan officer should be well-versed in these programs and help you see if you qualify for this "double advantage" to make homeownership even more affordable.

Here’s your actionable plan: First, get your financial documents in order. Then, interview at least two or three loan officers. Ask them not just about rates, but about their experience with FHA appraisals in Freer, their familiarity with TDHCA programs, and their communication style. A great local officer will be a guide, helping you understand everything from the well water test an FHA loan might require on a rural property to the timeline for closing in our market. By choosing a professional who is truly embedded in our community, you're not just getting a loan; you're gaining a trusted partner to help you unlock the door to your very own piece of Texas.

Nearby Cities

Explore mortgage lenders in cities near Freer, TX

Why Choose a Mortgage Lender in Freer?

Local Market Knowledge

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