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Marshall, TX

The Best Mortgage Lenders in Marshall, TX

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

3
Top Lenders
4.7
Avg Rating
750+
Reviews
8
Loan Types

Available Loan Programs in Marshall

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-Time Homebuyer

Featured Mortgage Lenders

1

Austin Bank

Austin Bank, N.A.

★★★★☆
4.7/5

Austin Bank has been a trusted financial institution in Marshall for over a century, offering personalized mortgage services with deep community roots. They are highly rated for their competitive rates, local decision-making, and extensive experience in East Texas home lending. Customers praise their responsive service and wide range of loan options, making them a top choice for homebuyers in the area.

Experience:120 years
Reviews:180 customer reviews
100 E Austin St, Marshall, TX 75670

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Benchmark Mortgage

Benchmark Mortgage

★★★★☆
4.8/5

Benchmark Mortgage is a highly regarded regional lender with a strong presence in East Texas, serving Marshall with expertise and reliability. Founded in 1992, they boast exceptional customer reviews for their transparent processes, competitive rates, and dedicated loan officers. Their specialization in various loan types and commitment to customer satisfaction make them a preferred option for Marshall residents.

Experience:32 years
Reviews:220 customer reviews
100 W Hawkins Pkwy, Longview, TX 75605

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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3

Supreme Lending

Supreme Lending

★★★★☆
4.6/5

Supreme Lending, founded in 1999, is a top-rated mortgage company with a robust service area that includes Marshall, TX. They are renowned for their efficient processing, competitive rates, and excellent customer service, as reflected in hundreds of positive reviews. Their wide array of loan products and strong regional presence ensure reliable and accessible mortgage solutions for homebuyers in the Marshall area.

Experience:25 years
Reviews:350 customer reviews
14901 Quorum Dr, Dallas, TX 75254

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-Time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Marshall, TX

What are the current mortgage rates like in Marshall, TX, and how do they compare to state or national averages?

Mortgage rates in Marshall typically align closely with national averages, but local lenders may offer competitive rates due to the community-focused banking environment. It's common to find slightly lower rates here than in major Texas metros due to lower operational costs for lenders. Always compare offers from local credit unions, like Marshall Federal Credit Union, alongside regional banks for the best deal.

Are there any down payment assistance or first-time homebuyer programs specific to Marshall or Harrison County?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers statewide programs like My First Texas Home, which are accessible to Marshall buyers. Additionally, the Harrison County Housing Finance Corporation may periodically issue Mortgage Credit Certificates (MCCs) that provide a federal tax credit for qualified first-time buyers, making homeownership more affordable with the area's median income.

How does the appraisal process work in Marshall, given its historic downtown and varied housing stock?

Appraisals in Marshall require special attention due to the mix of historic homes, newer subdivisions, and rural properties. Lenders will use appraisers familiar with local values, comparing homes within specific neighborhoods like Washington Historic District or newer areas near Wiley College. Unique features of historic homes must be properly valued, which can sometimes require a specialist appraisal.

What should I know about property taxes and insurance when calculating my mortgage payment in Marshall?

Harrison County property taxes are a significant component of your monthly payment, with rates typically around 1.8-2.2% of assessed value. Homeowners insurance in Marshall is generally affordable but can be influenced by the age of the home (especially historic properties) and the need for additional flood insurance in certain low-lying areas near creeks. Your lender will help you set up an escrow account for these costs.

Are USDA Rural Development loans a viable option for buying a home in Marshall, TX?

Absolutely. Most of Marshall and its surrounding areas qualify for USDA loans, which offer 100% financing with no down payment. This is an excellent option for moderate-income buyers looking at homes outside the immediate downtown core. Given Marshall's designation, many buyers can take advantage of this program to purchase in qualifying neighborhoods with competitive, below-market interest rates.

Mortgage Insights

Finding Your Perfect Mortgage Match in Marshall, Texas

Searching for a "mortgage broker near me" in Marshall is more than just a convenience—it’s a strategic move for navigating our unique East Texas housing landscape. While online lenders are a click away, a local mortgage broker provides the personalized guidance and community insight that can make all the difference in securing your dream home in Harrison County.

Marshall’s market presents a compelling mix of historic charm and new opportunity. You might be drawn to a beautifully restored Victorian in the downtown district, a spacious property on the outskirts, or a modern build in a growing subdivision. Each of these choices comes with different financing considerations, from potential renovation costs for older homes to appraisal nuances in rural areas. A Marshall-based broker understands these local variables intimately. They have established relationships with appraisers, inspectors, and title companies who know the area, helping to streamline your process and avoid surprises.

On a practical level, starting your search locally means getting advice grounded in reality. A broker can assess your financial picture and immediately tell you what price range is truly feasible for neighborhoods like Highland Park, Woodland Hills, or the areas near Wiley College. They can also be your advocate, shopping your loan profile to multiple lenders to find you the most competitive interest rates and terms specifically available in Texas. This can save you significant money over the life of your loan compared to going directly to a single bank.

Texas offers several regional programs that a knowledgeable broker will help you explore. The Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and first-time homebuyer programs with favorable rates. These can be powerful tools for buyers in Marshall. Furthermore, a local broker understands the implications of Texas’s property tax system and how to factor those costs accurately into your overall budget, ensuring your mortgage payment is truly affordable.

Your actionable first step? Don't just search online—ask around. Talk to your local real estate agent for a referral, as the best brokers and agents work as a team. When you meet with a potential broker, come prepared with questions: "How many Marshall homes have you financed?" "Which local lenders do you work with?" "Can you walk me through the TDHCA programs?" Their answers will reveal their local expertise.

Ultimately, finding the right mortgage broker in Marshall connects you to a professional who doesn’t just process paperwork but helps you build a foundation for your future here. By choosing a partner who knows our streets, our market rhythms, and our state programs, you’re not just getting a loan—you’re gaining a trusted guide for one of life’s most important investments.

Nearby Cities

Explore mortgage lenders in cities near Marshall, TX

Why Choose a Mortgage Lender in Marshall?

Local Market Knowledge

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