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Hawley, TX

The Best Mortgage Lenders in Hawley, TX

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

3
Top Lenders
4.7
Avg Rating
560+
Reviews
12
Loan Types

Available Loan Programs in Hawley

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Construction-to-Permanent
Home Equity
Renovation
Investment Property

Featured Mortgage Lenders

1

Abilene Teachers Credit Union Mortgage Department

Abilene Teachers Credit Union

★★★★☆
4.8/5

Abilene Teachers Credit Union is one of the most highly-rated mortgage lenders serving the Hawley area, with exceptional customer satisfaction ratings and deep roots in West Texas. While based in Abilene (approximately 20 miles from Hawley), they actively serve the entire region with competitive rates and personalized service. Their mortgage team specializes in working with rural and small-town homebuyers, offering comprehensive guidance through the entire lending process. With 70 years of community banking experience, they provide exceptional local underwriting expertise and understand the unique aspects of rural Texas property financing.

Experience:70 years
Reviews:185 customer reviews
4302 Buffalo Gap Road, Abilene, TX 79606

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
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2

First Financial Bank Mortgage Division

First Financial Bank

★★★★☆
4.6/5

First Financial Bank has been serving West Texas communities for over 130 years and maintains a strong presence throughout the Hawley service area. As a regional bank with deep local roots, they offer competitive mortgage products specifically designed for Texas homebuyers. Their mortgage specialists provide personalized service with local decision-making authority, which often results in faster closings. The bank has consistently high ratings for customer service and mortgage processing efficiency, with particular expertise in rural property financing and agricultural-area home loans that are relevant to the Hawley market.

Experience:133 years
Reviews:210 customer reviews
400 Pine Street, Abilene, TX 79601

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentRefinanceHome Equity
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3

The Mortgage Firm of Abilene

The Mortgage Firm

★★★★☆
4.7/5

The Mortgage Firm of Abilene is a highly-rated mortgage brokerage serving Hawley and surrounding communities with exceptional customer satisfaction ratings. As a mortgage broker rather than a direct lender, they have access to multiple lending sources and can often secure more competitive rates and terms for borrowers. Their team specializes in Texas rural properties and has extensive experience with the unique aspects of West Texas real estate. With 25 years in business and hundreds of positive reviews, they're known for their responsive communication, transparent process, and ability to handle complex financing situations that larger institutions might decline.

Experience:25 years
Reviews:165 customer reviews
3410 North Clack Street, Abilene, TX 79601

Loan Types:

ConventionalFHAVAUSDAJumboRenovationFirst-time HomebuyerInvestment Property
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Frequently Asked Questions

Common questions about mortgage lending in Hawley, TX

What are the typical down payment requirements for homes in Hawley, TX, given its rural setting?

For most conventional loans in Hawley, a 5-10% down payment is common, though some lenders may require more due to the rural nature of the market and potentially lower appraised values. However, USDA Rural Development loans are a popular option here, as Hawley qualifies, and these loans offer 0% down payment for eligible borrowers purchasing a primary residence.

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

While Hawley itself does not have a city-run program, Jones County and the broader West Texas region offer resources. The Texas State Affordable Housing Corporation (TSAHC) provides down payment assistance grants and favorable mortgage rates for first-time buyers statewide, which are accessible to Hawley residents. It's also wise to check with local credit unions like First National Bank of Baird/Albany for any community-specific products.

How does the lack of a large urban center in Jones County affect property appraisals and mortgage approval in Hawley?

Appraisals in Hawley can be more challenging due to fewer recent comparable sales ("comps"), which might lead to conservative valuations. Lenders familiar with the West Texas rural market are crucial, as they understand how to properly evaluate properties based on land value, condition, and comparable sales from nearby towns like Abilene or Anson, helping to ensure a smoother mortgage process.

What type of property insurance considerations should I factor into my mortgage payment in Hawley?

Beyond standard homeowners insurance, lenders in Hawley will typically require flood insurance if the property is in a designated flood zone, which can be a consideration given the local geography. Additionally, due to the rural setting and distance from fire hydrants, insurance premiums may be slightly higher, which can affect your total monthly mortgage escrow payment.

Are adjustable-rate mortgages (ARMs) a common or advisable choice in Hawley's housing market?

ARMs are less common in stable, rural markets like Hawley, where home price appreciation is typically moderate and long-term homeownership is the norm. Most buyers and local lenders favor the stability of 30-year or 15-year fixed-rate mortgages. Given the current interest rate environment and the fact that many buyers are seeking permanent residences, locking in a fixed rate is generally the recommended strategy.

Mortgage Insights

Finding Your Path to Rural Homeownership: USDA Approved Lenders Near Hawley, TX

If you're dreaming of buying a home in the peaceful, wide-open spaces around Hawley, Texas, you might have discovered one of the best-kept secrets in home financing: the USDA Rural Development loan. This program offers incredible benefits, including zero down payment, for eligible buyers in qualifying rural areas. And yes, much of the Hawley area fits the bill perfectly. But the key to unlocking this opportunity starts with finding the right USDA approved lender.

In the Hawley housing market, where you might find more acreage and charming properties just outside the city limits, a USDA loan can be a game-changer. It opens doors for local families, teachers, healthcare workers, and first-time buyers who have steady income but haven't been able to save for a large down payment. The program is designed specifically for areas like ours, helping to strengthen our community by making homeownership more accessible.

So, how do you find "USDA approved lenders near me"? Start locally, but think regionally. While many big national banks are approved, some of the most knowledgeable guidance often comes from Texas-based lenders or local credit unions who understand our specific market. They're familiar with the property types around Jones County, from homes on a few acres to those right in town, and can quickly tell you if a property you love is likely to meet USDA's location and condition requirements.

Here is your actionable plan. First, don't just search online—make some calls. Contact a few lenders and ask pointed questions: "What is your experience with USDA loans in the Abilene/Hawley region?" and "Can you walk me through the income eligibility limits for Jones County?" Your lender must be well-versed in the USDA's income calculations, which are based on your household size and the median income for our area. They should also guide you on the property's eligibility; the home must be your primary residence and be considered modest for the area, which aligns well with many Hawley properties.

A crucial Texas-specific consideration is the Texas Department of Housing and Community Affairs (TDHCA) programs. A savvy, local USDA-approved lender can often help you layer a TDHCA grant or mortgage credit certificate with your USDA loan, potentially providing additional down payment assistance or tax savings. This powerful combination is something a generic online lender might overlook.

Your best next step is to get pre-qualified. Reach out to two or three recommended USDA approved lenders, discuss your financial picture, and choose the one that demonstrates clear expertise in this specific program. With the right local guidance, your dream of owning a home under the big Texas sky near Hawley is closer than you think. This quiet corner of Texas is ripe with opportunity, and the right lender will help you plant your roots here.

Nearby Cities

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Why Choose a Mortgage Lender in Hawley?

Local Market Knowledge

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