The Best Mortgage Lenders in Greenville, TX
Compare verified mortgage lenders serving Greenville, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Greenville
Featured Mortgage Lenders
Caliber Home Loans
Caliber Home Loans, Inc.
Caliber Home Loans is a highly-rated national mortgage lender with a strong regional presence in North Texas, including service to Greenville. Known for competitive rates and a wide array of loan options, they excel in customer satisfaction with efficient processing and local loan officers who understand the Hunt County market. Their reputation for reliability and personalized service makes them a top choice for homebuyers in the area.
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Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is consistently ranked among the top mortgage lenders in the U.S. and has a robust presence in the Dallas-Fort Worth metroplex, actively serving Greenville residents. They are praised for their exceptional customer service, deep local market knowledge, and ability to offer competitive rates on various loan products. With numerous industry awards and high client satisfaction scores, they provide tailored solutions for first-time homebuyers and refinancers alike.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading digital mortgage lender with a significant footprint in Texas, including service to Greenville. They combine technology with local expertise to offer a seamless, fast mortgage process and competitive rates. Their loan officers are known for their professionalism and ability to guide clients through various loan options, making them a reliable choice for those seeking flexibility and efficiency in home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Greenville, TX
What are the current average mortgage rates for homebuyers in Greenville, TX, and how do they compare to the national average?
Mortgage rates in Greenville typically align closely with Texas and national averages, but local lenders may offer competitive terms. As of recent trends, rates in Greenville are often slightly below the national average due to a stable local housing market and strong community banking presence. It's advisable to compare offers from local credit unions like Texas Trust Credit Union and regional banks for the best deals.
Are there any down payment assistance programs specifically for first-time homebuyers in Greenville?
Yes, first-time homebuyers in Greenville can access the Texas Department of Housing and Community Affairs (TDHCA) programs, such as the My First Texas Home loan, which offers competitive interest rates and down payment assistance. Additionally, the Hunt County Community Development office may offer local grants or programs for income-eligible buyers purchasing within the city limits, helping with closing costs and down payments.
How does Greenville's property tax rate affect my monthly mortgage payment, and are there any exemptions I should know about?
Greenville's property tax rate is a significant component of your monthly escrow payment, with Hunt County rates typically around 2.0-2.3% of the home's assessed value. Texas offers a homestead exemption that can reduce your taxable value by a portion, and Greenville homeowners may qualify for additional exemptions for seniors or disabled persons, which can lower your overall mortgage payment burden.
What types of home loans are most common for purchasing in Greenville's housing market, given its mix of historic homes and new developments?
Conventional loans and FHA loans are very popular in Greenville, catering to both the affordable historic homes in established neighborhoods and newer constructions in areas like the Wellington Green subdivision. For rural properties on the outskirts of Greenville, USDA loans are also a common option, offering 100% financing for eligible buyers in designated areas.
How long does the mortgage approval and closing process typically take for a home purchase in Greenville, TX?
The mortgage process in Greenville generally takes 30 to 45 days from application to closing, similar to national timelines. However, working with a local lender familiar with Hunt County title companies and appraisal processes can streamline this. Delays can occur if purchasing a historic home requiring specialized inspections, so it's wise to factor in extra time for due diligence.
Why Choose a Mortgage Lender in Greenville?
Local Market Knowledge
Lenders who understand Greenville'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 Greenville and get competitive rates on your home loan.