The Best Mortgage Lenders in Longview, TX
Compare verified mortgage lenders serving Longview, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Longview
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender with a strong local presence in East Texas, serving Longview residents for over two decades. Known for competitive rates, exceptional customer service, and a wide range of loan options, they have consistently high ratings on platforms like Zillow and Google. Their team provides personalized guidance, making them a trusted choice for homebuyers and refinancers in the area.
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Supreme Lending
Supreme Lending, A PlainsCapital Company
Supreme Lending is a highly reputable mortgage lender with deep roots in Texas, offering extensive services to Longview homeowners. They are praised for their competitive rates, efficient processing, and knowledgeable loan officers. With numerous positive reviews highlighting their reliability and customer-focused approach, they are a top choice for those seeking flexible mortgage solutions in the region.
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AmCap Mortgage
AmCap Mortgage, Ltd.
AmCap Mortgage is a well-established lender serving Texas communities, including Longview, with a focus on transparency and customer satisfaction. They offer a diverse portfolio of loan products and are known for their responsive service and competitive rates. With strong industry credentials and positive client feedback, they provide reliable mortgage options for both purchase and refinance needs.
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Frequently Asked Questions
Common questions about mortgage lending in Longview, TX
Are there any first-time homebuyer assistance programs specific to Longview, TX?
Yes, the City of Longview offers the Homebuyer Assistance Program (HAP), which provides eligible first-time buyers with up to $10,000 in down payment and closing cost assistance. This is a forgivable, zero-interest loan that is forgiven after five years of occupancy. Eligibility is based on income limits and the purchase of a home within city limits.
How do property taxes in Gregg County affect my mortgage payments in Longview?
Gregg County has property tax rates that are above the national average, which significantly impacts your total monthly mortgage payment through escrow. It's crucial to factor in an effective tax rate of approximately 2.0% to 2.3% of the home's assessed value when budgeting. Your lender will calculate this into your PITI (Principal, Interest, Taxes, Insurance) payment.
What types of properties in Longview might require specialized mortgage loans?
Given Longview's mix of urban and rural areas in East Texas, you may need a USDA Rural Development loan if purchasing in the eligible outlying areas of Gregg County. Additionally, financing for older homes in historic neighborhoods like the Seth Thomas or Broughton Park areas may require specific appraisal attention for a conventional loan.
How competitive is the mortgage rate environment in Longview compared to the rest of Texas?
While rates are largely set by national markets, local competition among lenders and credit unions in Longview can lead to slight variations. It's advisable to compare offers from local institutions like Southside Bank or Austin Bank alongside national lenders. Rates for buyers in Longview are typically in line with statewide Texas averages.
Does Longview's housing market favor certain types of mortgage loans?
With Longview's median home price being relatively affordable compared to major Texas metros, conventional loans and FHA loans are both very common and competitive. For the many move-up buyers in the area, conventional loans are prevalent, while FHA loans are a strong option for first-time buyers due to lower down payment requirements on the city's moderately priced homes.
Why Choose a Mortgage Lender in Longview?
Local Market Knowledge
Lenders who understand Longview'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 Longview and get competitive rates on your home loan.