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Maud, TX

The Best Mortgage Lenders in Maud, TX

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

3
Top Lenders
4.7
Avg Rating
455+
Reviews
7
Loan Types

Available Loan Programs in Maud

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-rated lender with a strong local presence in the Texarkana area, serving Maud, Texas, and surrounding regions. Known for exceptional customer service and competitive rates, they have consistently high ratings due to their personalized approach, extensive loan options, and efficient processing. With over 28 years in the industry, they specialize in first-time homebuyer programs and offer dedicated local support, making them a trusted choice for mortgages in rural East Texas communities.

Experience:28 years
Reviews:185 customer reviews
3505 St. Michael Drive, Suite 100, Texarkana, TX 75503

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is a highly reputable lender with a dedicated branch in Texarkana, providing reliable service to Maud, Texas, residents. They excel in customer satisfaction with fast closings, transparent processes, and a focus on community engagement. Founded in 2008, they offer a wide range of loan products and have built a strong record for responsiveness and competitive pricing, supported by hundreds of positive reviews highlighting their professionalism and local expertise.

Experience:16 years
Reviews:150 customer reviews
5000 Cowhorn Creek Road, Suite 101, Texarkana, TX 75503

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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3

New American Funding

New American Funding, LLC

★★★★☆
4.6/5

New American Funding is a well-established lender with a robust presence in East Texas, including service to Maud, Texas. They are praised for their diverse loan programs, including options for low-to-moderate income borrowers, and have a reputation for excellent customer service and cultural competency. With over 21 years in business, they offer competitive rates and a streamlined online application process, backed by strong community involvement and high ratings for reliability and support.

Experience:21 years
Reviews:120 customer reviews
3000 Richmond Road, Suite 200, Texarkana, TX 75503

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Maud, TX

What are typical down payment requirements for homes in Maud, TX, given its rural market?

In Maud's affordable market, many conventional loans are available with down payments as low as 3-5%. For the area's USDA-eligible rural properties, qualified buyers can secure a mortgage with 0% down. Local lenders are familiar with the property types and can guide you to the most suitable low-down-payment option.

Are there any special first-time homebuyer programs or grants available specifically for Maud residents?

Yes, the Texas State Affordable Housing Corporation (TSAHC) offers down payment assistance grants and favorable mortgage rates for first-time buyers statewide, which are accessible in Maud. Additionally, Bowie County or local community banks may have specific programs or counseling resources for first-time buyers in the area.

How does the appraisal process work in Maud, given the mix of older homes and rural land?

Appraisals in Maud can be complex due to unique rural properties and fewer comparable sales ("comps"). It's crucial to work with a lender who uses appraisers familiar with the Maud and broader Bowie County area to ensure they properly value land, outbuildings, and well/septic systems common to local homes.

What type of property insurance considerations are unique to a mortgage in Maud, TX?

Lenders will require standard homeowners insurance, but in Maud's rural setting, you may also need separate flood insurance if the property is in a designated zone, and possibly a farm/ranch policy if the acreage is significant. Your lender can help identify any specific coverage required for loan approval.

How do mortgage rates and fees in Maud compare to nearby larger cities like Texarkana?

While national rates set the baseline, local lenders in Maud and the surrounding region may offer competitive terms. Sometimes, smaller community banks or credit unions serving the area can provide personalized service with comparable or even lower fees than big-city institutions, though it's always wise to shop around.

Mortgage Insights

Finding the Right Refinance Partner in Maud, Texas

If you're a homeowner in Maud, you know the value of a tight-knit community and making smart, local decisions. Whether you bought your home years ago or are just settling in, the thought of "refinance companies near me" has likely crossed your mind, especially with today's fluctuating interest rates. For Maud residents, this search isn't just about finding the lowest rate; it's about finding a financial partner who understands our unique rural East Texas market.

In a smaller community like Maud, the housing market operates differently than in major metros. Home values here are influenced by local factors—proximity to larger employment centers like Texarkana, the quality of the Bowie County school districts, and the appeal of a quieter, land-rich lifestyle. A refinance company that only uses broad national data might not accurately appraise the true value of your property, which is the cornerstone of any refinance. Seeking a company with boots on the ground in Northeast Texas ensures they recognize the equity you may have built through local market stability and home improvements common to our area.

Your first actionable step is to look beyond a simple online search. Ask for recommendations at the Maud Post Office, City Hall, or from neighbors. Local credit unions, like those based in Texarkana, often have a deep understanding of the financial landscape here and may offer more personalized service. When you speak with a loan officer, ask them directly about their experience with properties in Bowie County. Do they understand the difference between a home on a large rural lot and one in town? Can they navigate the nuances of well and septic systems, which are common here, in the appraisal process?

Texas offers some specific programs that a knowledgeable local lender can help you navigate. For instance, the Texas Veterans Land Board (VLB) offers fantastic refinancing options for veterans, which can be a perfect fit for many in our community. Furthermore, Texas is a non-recourse loan state, which provides specific protections for homeowners—a point a local expert should clearly explain.

Finally, remember that "near me" can also mean "accessible to me." With many lenders operating online, your ideal refinance partner might be based in a nearby city but highly responsive. The key is their willingness to come to you, understand your Maud property, and provide face-to-face service. Schedule consultations with a few recommended options, compare their Good Faith Estimates line-by-line, and choose the company that doesn’t just offer a rate, but demonstrates a genuine understanding of your home’s value in our specific corner of Texas. Building a relationship with a trusted local expert can secure your financial future right here in the community you call home.

Nearby Cities

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Why Choose a Mortgage Lender in Maud?

Local Market Knowledge

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