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Gordon, TX

The Best Mortgage Lenders in Gordon, TX

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

3
Top Lenders
4.7
Avg Rating
650+
Reviews
11
Loan Types

Available Loan Programs in Gordon

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer
New Construction
Down Payment Assistance
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender with a strong presence in North Texas, serving Gordon and surrounding areas. Known for exceptional customer service, competitive rates, and a wide range of loan options, they have consistently high ratings from borrowers for their streamlined processes and personalized support. Their local office in Weatherford ensures accessible, in-person service for clients in Palo Pinto County.

Experience:28 years
Reviews:300 customer reviews
125 Santa Fe Dr, Weatherford, TX 76086

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-Time Homebuyer
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is highly regarded for its fast closings, innovative technology, and commitment to community service. With a robust presence in Texas, they effectively serve Gordon residents through their Fort Worth branch, offering competitive rates and a focus on customer satisfaction. Their extensive loan programs and efficient processes make them a preferred choice for homebuyers in the region.

Experience:16 years
Reviews:200 customer reviews
420 Throckmorton St, Fort Worth, TX 76102

Loan Types:

ConventionalFHAVAUSDARefinanceNew ConstructionDown Payment Assistance
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3

New American Funding

New American Funding

★★★★☆
4.6/5

New American Funding is a reputable lender with a strong track record in Texas, providing tailored mortgage solutions to clients in Gordon and beyond. They excel in offering diverse loan products, including options for underserved communities, and are praised for their responsive service and competitive rates. Their Irving office supports a wide service area, ensuring reliable assistance for homebuyers in North Texas.

Experience:21 years
Reviews:150 customer reviews
5000 Riverside Dr, Irving, TX 75039

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Gordon, TX

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

In Gordon's rural market, many lenders offer USDA Rural Development loans, which require **0% down payment** for eligible borrowers and properties. Conventional loans typically require 3-5% down, but local lenders are familiar with the area's lower median home prices, which can make saving for a down payment more achievable. It's advisable to speak with a lender experienced in Erath County to explore all low-down-payment options.

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

While Gordon itself does not have a city-specific program, Texas State Affordable Housing Corporation (TSAHC) offers down payment assistance grants and favorable mortgage rates for first-time buyers statewide, which are accessible in Erath County. Additionally, the USDA Section 502 Direct Loan program can be a powerful tool here, offering subsidized rates and payment assistance for low-income buyers in this designated rural area.

How does the appraisal process work for unique or rural properties in Gordon, like land with a well and septic?

Appraising rural properties in Gordon requires an appraiser with specific competency in non-urban valuations. Lenders will order an appraisal that thoroughly evaluates the well (water quality and yield), septic system, land value, and comparable sales, which may be fewer and farther apart. This process can take longer than in urban areas, so buyers should build extra time into their contract closing timeline.

What type of property insurance considerations are unique to getting a mortgage in Gordon, TX?

Due to Gordon's location in North Texas, lenders will require **wind/hail insurance** as a standard part of your homeowner's policy, which can be more costly than in less exposed areas. For properties on several acres, if you have outbuildings or livestock, you may also need separate farm and ranch or liability coverage, which your lender will need to review and approve.

How do mortgage rates and fees in Gordon compare to those in larger Texas metro areas?

Mortgage interest rates are generally standardized nationwide, but your final rate is based on credit profile and loan specifics. However, some local community banks or credit unions in the Gordon/Stephenville area may offer competitive relationship discounts or slightly lower fees. The key difference is that jumbo loans are rare here due to lower home prices, so most buyers will be seeking conventional, FHA, or USDA loan products.

Mortgage Insights

Finding Your Guide: Why a Local Mortgage Agent is Key to Buying a Home in Gordon, TX

If you're starting your homebuying journey in Gordon, Texas, you've likely typed "mortgage agents near me" into a search bar. That instinct is spot on. While online lenders are everywhere, partnering with a mortgage agent who knows our specific corner of the Lone Star State can make all the difference between a stressful process and a smooth path to homeownership.

Gordon’s housing market has its own unique rhythm. We're not dealing with the breakneck pace of Dallas or Austin, but that doesn't mean there aren't competitive listings, especially for those charming properties with a bit of land or historic character. A local mortgage agent understands this micro-market. They have relationships with area realtors, appraisers familiar with property values in Palo Pinto County, and insight into what sellers in our community are looking for in an offer. Their local knowledge helps them accurately assess how much home you can afford here, not just based on a national algorithm, but on the real-world costs and values in Gordon.

From a practical standpoint, a Texas-based mortgage professional is essential for navigating programs and regulations specific to our state. For example, they can guide you through the Texas Vet and Veterans Land Board (VLB) loan programs, which offer fantastic benefits like competitive interest rates and no down payment requirements for qualifying veterans and military members—a significant consideration in our area. They’re also well-versed in the property tax landscape in Texas, which has no state income tax but higher property taxes, and can help you factor those ongoing costs accurately into your budget.

Your actionable first step? Look beyond the search results. When you find potential agents, ask them these Gordon-specific questions: "How many loans have you closed in Palo Pinto County in the last year?" "Can you explain how the Texas homestead exemption might affect my loan and taxes?" "What local credit unions or banks do you frequently work with?" Their answers will tell you if they have the boots-on-the-ground experience you need.

Finally, remember that in a smaller community like Gordon, reputation is everything. A local mortgage agent's business thrives on referrals and trust. They are invested in ensuring you have a positive experience because their next client could be your neighbor. They can often move faster, communicate more directly, and solve problems proactively because they understand the local systems and players.

So, while searching "mortgage agents near me" is the right start, your goal should be to find a true local partner. The right agent won’t just secure you a loan; they’ll be your financial guide to successfully planting roots in Gordon, ensuring your dream of owning a piece of Texas hill country becomes a well-supported reality.

Nearby Cities

Explore mortgage lenders in cities near Gordon, TX

Why Choose a Mortgage Lender in Gordon?

Local Market Knowledge

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