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Kemp, TX

The Best Mortgage Lenders in Kemp, TX

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

3
Top Lenders
4.5
Avg Rating
750+
Reviews
7
Loan Types

Available Loan Programs in Kemp

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Mr. Cooper

Mr. Cooper Group Inc.

★★★★☆
4.2/5

Mr. Cooper is a highly reputable mortgage lender headquartered in Texas, with over 30 years of experience serving homeowners across the state, including Kemp. They are known for their competitive rates, extensive loan options, and strong customer service, particularly in mortgage servicing and origination. With a solid track record and high customer satisfaction ratings, they offer both online and phone-based services, making them accessible for residents in smaller communities like Kemp. Their focus on technology and customer support has earned them positive reviews and a reliable presence in the mortgage industry.

Experience:30 years
Reviews:320 customer reviews
8950 Cypress Waters Blvd, Coppell, TX 75019

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
Visit Website
2

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.7/5

Fairway Independent Mortgage is a top-rated lender with a strong regional presence in North Texas, including service to Kemp. Founded in 1996, they have built a reputation for exceptional customer service, competitive rates, and a wide range of loan products. Their local branch in Rockwall ensures personalized attention for clients in Kaufman County, and they are praised for their efficient processing and community involvement. High review counts and consistent ratings reflect their reliability and commitment to helping homeowners achieve their goals.

Experience:28 years
Reviews:240 customer reviews
2901 Ridge Rd, Rockwall, TX 75032

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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3

New American Funding

New American Funding

★★★★☆
4.5/5

New American Funding is a nationally recognized mortgage lender with a strong foothold in Texas, offering comprehensive services to Kemp and surrounding areas. Founded in 2003, they are celebrated for their diverse loan options, including programs for first-time homebuyers and underserved communities. Their Dallas office provides local support, and they are known for competitive rates, transparent processes, and high customer satisfaction. With numerous positive reviews, they have established themselves as a trustworthy choice for mortgages in the region.

Experience:21 years
Reviews:190 customer reviews
5000 Quorum Dr, Dallas, TX 75254

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Kemp, TX

Are there any down payment assistance programs specifically for homebuyers in Kemp, TX?

Yes, homebuyers in Kemp can access statewide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home and Texas Mortgage Credit Certificate programs. These are particularly beneficial for first-time buyers and can be combined with certain USDA Rural Development loans, as Kaufman County (where Kemp is located) is eligible for USDA financing, which offers 100% financing with no down payment.

How does Kemp's location in Kaufman County affect my mortgage options?

Kemp's designation as a rural area by the USDA makes USDA loans a popular and attractive option, as they require no down payment for eligible borrowers. Additionally, properties in Kemp and Kaufman County may qualify for special appraisal considerations, and lenders familiar with the area will understand the local property types, including homes on larger lots or with septic systems, which can streamline the approval process.

What are typical property taxes like in Kemp, and how do they impact my mortgage payment?

Kaufman County, including Kemp, has property tax rates that are a significant component of your monthly payment. The combined rate can vary but often falls in the range of 2.0% to 2.5% of the home's appraised value. Your lender will carefully calculate this into your debt-to-income ratio, and it's crucial to budget for these taxes, as they are generally higher than the national average and directly affect your required monthly escrow payment.

As a first-time homebuyer in Kemp, what local resources or lenders should I consider?

It's advisable to work with lenders who have direct experience with Kaufman County's market and state programs. Local credit unions and community banks often have deep knowledge of the area. Additionally, you should consult with a HUD-approved housing counseling agency in the North Texas region, which can provide education on the TDHCA programs and guide you through the specific process of buying in a smaller, rural-adjacent community like Kemp.

Does Kemp's proximity to Dallas and the I-20 corridor influence home values and mortgage underwriting?

Absolutely. Kemp's commutable distance to the Dallas metro area (about an hour) supports property values and is viewed favorably by underwriters for loan stability. Appraisers will use comparable sales ("comps") not just from Kemp but also from nearby towns like Kaufman and Forney to justify value. This connectivity can make qualifying for a mortgage easier, as lenders see less risk in areas with stable demand from commuters.

Mortgage Insights

Finding Your Perfect Mortgage Match in Kemp, Texas

If you're starting your homebuying journey in Kemp, Texas, you've likely typed "mortgage broker near me" into a search bar. That simple search is the first step toward one of the most important financial decisions you'll make here. But in a close-knit community like ours, finding the right local mortgage broker isn't just about convenience—it's about finding a partner who understands the unique rhythm of the Kaufman County market.

Kemp offers a compelling blend of small-town charm and accessible lake-country living, with property types ranging from historic homes in town to newer builds and spacious lots on the outskirts. A local mortgage broker does more than just crunch numbers; they understand these nuances. They know how a property's proximity to Cedar Creek Lake can affect value, or how the growth in nearby areas might influence appraisals. They have established relationships with local appraisers and title companies, which can help streamline your closing process—a significant advantage in a market where a smooth, timely offer can make all the difference.

For Kemp homebuyers, here’s your actionable plan. First, look beyond the search results. Ask for recommendations from your real estate agent, neighbors, or local Facebook community groups. Personal referrals in a town like Kemp are gold. When you interview potential brokers, ask them specifically about their experience with homes in your target price range and area within Kemp. Do they frequently work with USDA Rural Development loans, which are highly relevant for many properties in and around our community? A broker familiar with this program can be a huge asset.

Texas offers several statewide programs that a knowledgeable local broker can help you navigate. The Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and favorable mortgage rates for qualifying buyers through programs like the Texas Homebuyer Program. Furthermore, veterans and active military in Kemp should absolutely explore the fantastic benefits of a VA loan, which requires no down payment. A skilled broker will help you determine if you qualify for these opportunities, potentially saving you thousands.

Your most important tip? Choose a communicator. The mortgage process involves a lot of documentation and timely decisions. You need a broker who is responsive, explains the details of your Good Faith Estimate and Closing Disclosure in plain English, and is proactive about potential hurdles. They should be your guide, not just a facilitator.

Ultimately, your search for a "mortgage broker near me" in Kemp, TX, is about finding a trusted advisor who is invested in our community. The right professional will help you secure not just a house, but a home in this special part of Texas, with financing that supports your long-term happiness and financial health. Take the time to find your perfect match—it’s the foundation your new home deserves.

Nearby Cities

Explore mortgage lenders in cities near Kemp, TX

Why Choose a Mortgage Lender in Kemp?

Local Market Knowledge

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