The Best Mortgage Lenders in Kilgore, TX
Compare verified mortgage lenders serving Kilgore, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Kilgore
Featured Mortgage Lenders
Mortgage Team
Benchmark Mortgage
Benchmark Mortgage's Longview office serves the Kilgore area with exceptional customer satisfaction ratings. As a top-rated regional mortgage lender with nearly 20 years of experience, they specialize in East Texas home financing with personalized service. Their team offers competitive rates on all major loan types including specialized VA loans important for the local military community. With hundreds of 5-star reviews praising their responsiveness and expertise, they maintain one of the strongest reputations in Northeast Texas mortgage lending.
Loan Types:
Mortgage Department
Southside Bank
Southside Bank has been serving East Texas communities including Kilgore for over six decades with deeply rooted local presence. As a highly-rated regional bank with multiple branches throughout the area, they offer comprehensive mortgage services with the advantage of local decision-making and personalized customer service. Their mortgage team receives consistent praise for competitive rates, smooth closing processes, and long-term relationship building. With strong community ties and extensive experience in East Texas real estate markets, they provide reliable financing solutions for Kilgore homebuyers.
Loan Types:
Mortgage Center
Austin Bank
Austin Bank has been a trusted financial institution in East Texas for over a century, serving Kilgore residents with dedicated mortgage services. Their experienced loan officers provide competitive financing options with the advantage of local underwriting and community-focused service. Specializing in both purchase and construction loans, they have particular expertise with rural properties and land financing common in the Kilgore area. With consistently high customer satisfaction ratings and deep roots in the regional economy, they offer reliable mortgage solutions backed by long-standing community trust.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Kilgore, TX
Are there any special mortgage programs for first-time homebuyers in Kilgore, TX?
Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers the Texas Homebuyer Program, which provides down payment assistance and competitive fixed-rate mortgages for eligible first-time buyers in Kilgore. Additionally, local lenders often have knowledge of specific programs or grants that can be combined with these state offerings, making homeownership more accessible in the Gregg County area.
How does Kilgore's stable, oil-influenced economy affect mortgage qualification and lending?
Kilgore's economy, historically tied to the oil industry, can lead to income verification that lenders view as stable for long-term employees in the sector. However, if your income includes bonuses, overtime, or is from a contract position in the oilfield services industry, be prepared to provide extensive documentation (often two years of history) to prove consistent earnings for loan qualification.
What are typical property taxes like in Kilgore, and how do they impact my mortgage payment?
Property taxes in Gregg County, where Kilgore is located, are a significant component of your monthly payment, often ranging from 1.8% to 2.2% of the home's appraised value. Your lender will calculate this into your debt-to-income ratio and escrow account, so it's crucial to budget for this expense, as it can add several hundred dollars to your monthly mortgage obligation.
Are USDA rural housing loans available for homes in Kilgore, TX?
Yes, many areas in and around Kilgore are eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment). This is a popular option for buyers looking at properties just outside the more central city limits, as it makes purchasing a home in the surrounding rural parts of Gregg County very affordable.
How competitive is the Kilgore housing market, and how should I prepare my mortgage pre-approval?
While less frenetic than major Texas metros, Kilgore's market can be competitive for well-priced homes. To make a strong offer, obtain a solid pre-approval letter from a reputable local or national lender. Sellers favor buyers with proof of funds and a smooth financing path, so having your documentation in order and being prepared for a potentially quick closing timeline is advantageous.
Why Choose a Mortgage Lender in Kilgore?
Local Market Knowledge
Lenders who understand Kilgore'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 Kilgore and get competitive rates on your home loan.