The Best Mortgage Lenders in Houston, TX
Compare verified mortgage lenders serving Houston, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Houston
Featured Mortgage Lenders
Jason Berv
New American Funding - Houston
New American Funding's Houston branch, led by Jason Berv, stands out as one of the highest-rated mortgage lenders in the area with exceptional customer satisfaction. They offer a comprehensive range of loan products with competitive rates and specialize in serving diverse communities. Their local team provides personalized service with deep knowledge of Houston's unique real estate market, from inner-loop properties to suburban communities. The company is renowned for its efficient processing and commitment to helping borrowers achieve homeownership with various specialized programs.
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Mark H. Nachman
CrossCountry Mortgage, LLC - Houston
CrossCountry Mortgage's Houston office, under Mark Nachman's leadership, has built an outstanding reputation for providing exceptional mortgage services throughout the Greater Houston area. They offer a wide array of loan options with particularly strong programs for first-time homebuyers and military families. Their local expertise combined with national lending capabilities allows them to provide competitive rates and flexible underwriting. The team is known for their responsive communication and ability to navigate complex loan scenarios while maintaining fast closing timelines.
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Amplify Credit Union Mortgage Department
Amplify Credit Union
While headquartered in Austin, Amplify Credit Union has established itself as one of Texas's top mortgage lenders with excellent service throughout the Houston metropolitan area. They consistently offer highly competitive rates and lower fees typical of credit unions, combined with personalized service from dedicated mortgage specialists. Their digital mortgage process is highly rated for convenience while maintaining the personal touch of local underwriting. Amplify is particularly strong in first-time homebuyer programs and offers exclusive member benefits that make them a standout choice for Houston homebuyers seeking value and service.
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Frequently Asked Questions
Common questions about mortgage lending in Houston, TX
Are there any special mortgage considerations for Houston's flood-prone areas?
Yes, purchasing a home in a designated flood zone in Houston typically requires separate flood insurance, which is mandatory for federally-backed mortgages. Lenders will review the property's FEMA flood map designation, and this additional insurance cost must be factored into your debt-to-income ratio. It's crucial to work with a local lender familiar with Houston's specific floodplains and insurance requirements.
What first-time homebuyer programs are specifically available in Houston, TX?
The Texas Department of Housing and Community Affairs (TDHCA) offers the My First Texas Home program with competitive interest rates and down payment assistance, widely used in Houston. Additionally, the City of Houston's Homebuyer Assistance Program (HAP) provides up to $30,000 in forgivable assistance for eligible buyers purchasing within city limits. These programs often have income limits and require homebuyer education.
How do Houston's property taxes impact mortgage affordability and loan approval?
Houston is located in Harris County, which has no state income tax but some of the highest effective property tax rates in the nation. Lenders will escrow for these taxes, and the high annual tax bill significantly increases your total monthly payment, affecting how much home you can qualify for. It's essential to get a precise tax estimate for any property, as rates can vary even within different Houston-area municipalities and MUD districts.
What is a typical down payment percentage for a conventional loan in Houston's competitive market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Houston successfully purchase with 3%, 5%, or 10% down, especially first-time buyers. In competitive suburban neighborhoods, a stronger down payment (10-20%) can make your offer more attractive to sellers. Local lenders can advise on the best strategy based on the specific sub-market you're targeting.
Are there specific loan programs beneficial for buying in Houston's expanding suburban areas?
Yes, for many new constructions in master-planned communities in suburbs like Katy, Cypress, or The Woodlands, builders often have preferred lenders offering incentives like closing cost credits. Furthermore, if you are looking in a developing area with Municipal Utility Districts (MUDs), lenders are experienced in qualifying borrowers for the additional MUD tax obligations that fund local infrastructure.
Why Choose a Mortgage Lender in Houston?
Local Market Knowledge
Lenders who understand Houston'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 Houston and get competitive rates on your home loan.