The Best Mortgage Lenders in Haltom City, TX
Compare verified mortgage lenders serving Haltom City, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Haltom City
Featured Mortgage Lenders
CrossCountry Mortgage, LLC
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a top-rated national lender with a strong local presence in the Dallas-Fort Worth area, serving Haltom City residents with comprehensive mortgage solutions. They are particularly praised for their competitive rates, exceptional customer service, and efficient loan processing. With over 20 years of experience, their Bedford office provides personalized service with a wide range of loan products including specialized programs for first-time homebuyers and veterans. Their high rating reflects consistent customer satisfaction and reliable closing processes.
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Premier Nationwide Lending
Premier Nationwide Lending
Premier Nationwide Lending is a highly-rated mortgage broker serving the entire Dallas-Fort Worth metroplex, including Haltom City. They specialize in Texas-specific home loan programs and are known for their expertise in navigating complex financing situations. With 15 years of experience, they offer personalized service and have built a strong reputation for helping borrowers secure competitive rates. Their team is particularly skilled with first-time homebuyer programs and offers comprehensive guidance through the entire mortgage process.
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Texans Credit Union
Texans Credit Union
Texans Credit Union is a well-established financial institution serving the North Texas region, including Haltom City residents. With over 70 years of community presence, they offer competitive mortgage rates and personalized service. As a credit union, they operate as a not-for-profit organization, often resulting in lower fees and better terms for members. Their mortgage department receives high marks for transparent communication, local underwriting, and comprehensive loan options. They have multiple branches throughout the DFW area and are known for their community involvement and member-focused approach.
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Frequently Asked Questions
Common questions about mortgage lending in Haltom City, TX
What are the current mortgage rates like in Haltom City, TX, and how do they compare to the national average?
Mortgage rates in Haltom City are generally aligned with national averages, but local competition among lenders in the Dallas-Fort Worth metroplex can lead to slightly more favorable terms. As of recent trends, rates for a 30-year fixed mortgage often range within a quarter-percentage point of the national rate. It's advisable to get quotes from both local credit unions, like Fort Worth Community Credit Union, and national lenders to secure the best deal.
Are there any down payment assistance programs specifically for first-time homebuyers in Haltom City?
Yes, Haltom City homebuyers can access the Texas Department of Housing and Community Affairs (TDHCA) programs, such as the My First Texas Home loan with down payment assistance. Additionally, the City of Fort Worth's Homebuyer Assistance Program (HAP) may be available to Haltom City residents, offering up to $20,000 in forgivable assistance for down payment and closing costs, subject to income and home location eligibility.
How does Haltom City's property tax rate affect my monthly mortgage payment?
Haltom City, located in Tarrant County, has a combined property tax rate that is relatively high compared to the national average, often around 2.3% to 2.5%. This significantly impacts your monthly escrow payment. When budgeting for a mortgage, factor in that a $300,000 home could incur $7,000+ annually in property taxes, adding nearly $600 to your monthly payment beyond principal and interest.
What should I know about the appraisal process when buying a home in Haltom City's competitive market?
In Haltom City's active market, appraisals can be a critical hurdle, as rapid price increases may outpace recent comparable sales ("comps"). Lenders will require an appraisal to ensure the loan-to-value ratio is met. It's wise to work with a local lender familiar with Tarrant County neighborhoods, as they can help ensure the appraiser uses the most relevant and recent sales data from areas like North Richland Hills or Watauga to support the home's value.
Are there specific mortgage considerations for buying a newer home versus an older home in Haltom City?
Yes. Haltom City has a mix of mid-century homes and newer constructions. For older homes (common in central areas), lenders may require specific inspections for foundations or older systems, potentially affecting loan conditions. For newer homes in developing areas, you might qualify for a construction-to-permanent loan. Also, newer homes may have higher homeowner association (HOA) fees, which lenders will include in your debt-to-income ratio calculation.
Nearby Cities
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Why Choose a Mortgage Lender in Haltom City?
Local Market Knowledge
Lenders who understand Haltom City'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 Haltom City and get competitive rates on your home loan.