The Best Mortgage Lenders in Lyons, TX
Compare verified mortgage lenders serving Lyons, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lyons
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is consistently top-rated for its exceptional customer service, competitive rates, and deep expertise in Texas mortgages. With over 28 years in business, they have a strong local presence in Central Texas and actively serve Lyons area residents. Their loan officers are known for personalized guidance, and they offer a wide range of loan products, making them a reliable choice for homebuyers in rural and suburban communities.
Loan Types:
Supreme Lending
Supreme Lending, Inc.
Supreme Lending is highly regarded for its tailored mortgage solutions and strong commitment to customer satisfaction. With 25 years of experience, they have extensive coverage across Texas, including the Lyons region, and are praised for their competitive rates and efficient processing. Their team provides dedicated support for various loan types, ensuring a smooth experience for both first-time and repeat homebuyers.
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New American Funding
New American Funding, LLC
New American Funding stands out for its innovative loan programs and strong community focus, with a reputation for serving diverse borrowers in Texas, including Lyons. Founded in 2003, they offer competitive rates and a broad array of loan options, backed by high customer satisfaction ratings. Their local Austin office ensures personalized service and timely support for clients in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Lyons, TX
Are there any special loan programs for first-time homebuyers in Lyons, TX?
Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers the My First Texas Home program, which provides down payment assistance and competitive mortgage rates for eligible first-time buyers in Lyons. Additionally, local lenders may offer USDA Rural Development loans, which are particularly relevant for the Lyons area and can offer 100% financing with no down payment required for qualified properties and borrowers.
How does the rural nature of Lyons, TX, affect my mortgage options?
Lyons' location in Burleson County qualifies many properties for USDA Rural Development loans, a significant advantage for buyers with moderate incomes. This program is designed to promote homeownership in rural areas and often offers better terms than conventional loans. It's important to work with a lender familiar with USDA property eligibility maps, as not every parcel in the area may qualify.
What are typical property taxes like in Lyons, and how do they impact my mortgage payment?
Burleson County property tax rates are a key component of your monthly payment. While rates can vary, they are generally competitive within the region. Your lender will calculate an escrow payment for taxes and insurance, and it's wise to factor in the potential for tax increases, especially if you're purchasing agricultural land that may lose its exemption.
Are local lenders in Lyons better than national banks for getting a mortgage?
Local lenders and credit unions, such as those based in nearby Caldwell or Brenham, often have deeper knowledge of the Lyons real estate market and appraisers. They may be more familiar with valuing unique rural properties, including homes with acreage. However, comparing rates and service from both local and national lenders is always recommended to secure the best overall terms.
What should I know about getting a mortgage for a home with land or agricultural use in Lyons?
Financing a property with significant acreage in Lyons can be more complex. Many conventional loans have limits on the amount of non-residential land. You may need an agricultural or "country home" loan from a lender specializing in rural properties. Be prepared for a more detailed appraisal process that separately values the home and the land based on its use (e.g., pasture, cropland).
Why Choose a Mortgage Lender in Lyons?
Local Market Knowledge
Lenders who understand Lyons'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 Lyons and get competitive rates on your home loan.