The Best Mortgage Lenders in Oakhurst, TX
Compare verified mortgage lenders serving Oakhurst, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Oakhurst
Featured Mortgage Lenders
Polk County Federal Credit Union
Polk County Federal Credit Union
Polk County Federal Credit Union is a highly-rated local financial institution serving Oakhurst and surrounding Polk County communities for over 40 years. They maintain exceptional 4.8-star ratings across multiple review platforms with customers praising their personalized service, competitive rates, and deep understanding of rural property financing. As a community-focused credit union, they specialize in helping local residents with various mortgage options including USDA loans perfect for Oakhurst's rural character. Their mortgage team provides one-on-one guidance through the entire homebuying process.
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Benchmark Mortgage - Conroe
Benchmark Mortgage
Benchmark Mortgage's Conroe branch serves the Oakhurst area with exceptional 4.9-star ratings and extensive experience in East Texas mortgage lending. They specialize in rural and suburban property financing with particular expertise in USDA loans that benefit Oakhurst homebuyers. Customers consistently praise their responsive communication, competitive rates, and efficient closing processes. With over two decades in business, they've built a strong reputation for handling complex financing scenarios while maintaining personalized service. Their local loan officers understand the specific market dynamics of the Oakhurst area.
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Guild Mortgage - The Woodlands
Guild Mortgage Company
Guild Mortgage maintains a strong presence in the greater Houston area serving Oakhurst with their Woodlands location. With over 60 years in the mortgage industry and consistent 4.7-star ratings, they offer extensive experience with rural property financing including USDA loans ideal for Oakhurst. Customers highlight their educational approach, transparent communication, and ability to secure competitive rates. Guild specializes in first-time homebuyer programs and offers unique renovation loan options that can be valuable for Oakhurst properties needing updates. Their local team provides dedicated support throughout the mortgage process.
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Frequently Asked Questions
Common questions about mortgage lending in Oakhurst, TX
What are the typical down payment requirements for homes in Oakhurst, TX, given its rural setting?
In Oakhurst, many lenders offer USDA loans, which require zero down payment for eligible borrowers and properties. This is a major advantage due to the area's rural designation. Conventional loans with 3-5% down are also common, but the USDA program is a key local benefit for qualified buyers.
Are there any local or county-specific first-time homebuyer assistance programs available in Wood County for Oakhurst buyers?
While Oakhurst itself doesn't have a city program, Wood County and the state of Texas offer several options. The Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and favorable mortgage rates for first-time buyers, which can be combined with the USDA loan program popular in the area.
How does the appraisal process work for a manufactured or modular home in Oakhurst, which has many of these property types?
Appraising manufactured homes in Oakhurst requires a specialist familiar with rural Texas properties. The home must be permanently affixed to a foundation and classified as real property, not personal property. Lenders will often require a specific manufactured home appraisal (1004C form) to ensure the home meets HUD title standards for financing.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Oakhurst?
Wood County property taxes are a significant component of your payment, though rates can be favorable compared to urban Texas. You must also factor in higher homeowners insurance premiums due to the rural fire response times and the potential need for separate flood insurance if the property is in a designated zone, which is common in East Texas.
How do mortgage rates in Oakhurst compare to nearby cities like Tyler or Mineola, and are local credit unions a good option?
Mortgage rates in Oakhurst are generally consistent with national and state averages, but local lenders like Wood County credit unions or community banks may offer competitive terms and personalized service for rural properties. They often have deeper knowledge of local land values and well/septic systems than large national banks.
Why Choose a Mortgage Lender in Oakhurst?
Local Market Knowledge
Lenders who understand Oakhurst'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 Oakhurst and get competitive rates on your home loan.