The Best Mortgage Lenders in Poteet, TX
Compare verified mortgage lenders serving Poteet, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Poteet
Featured Mortgage Lenders
Brad Gage
Gage Capital Group
Gage Capital Group is a highly-rated mortgage brokerage serving the greater San Antonio area including Poteet. With over 15 years of experience, Brad Gage and his team specialize in providing personalized mortgage solutions with exceptional customer service. They consistently receive 5-star reviews for their responsiveness, expertise in Texas mortgage programs, and ability to navigate complex loan scenarios. Their deep knowledge of South Texas real estate markets and strong relationships with multiple lenders allow them to offer competitive rates and flexible terms.
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Lisa Brodnax
Legacy Mutual Mortgage
Legacy Mutual Mortgage has built an outstanding reputation throughout South Texas for their expertise in rural and suburban home financing. Based in San Antonio, they frequently serve clients in Atascosa County including Poteet. Lisa Brodnax and her team are particularly skilled with USDA loans, which are popular in the Poteet area, and they have extensive experience with first-time homebuyer programs. Their local market knowledge and commitment to transparent communication make them a top choice for Poteet residents.
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Security Service Federal Credit Union
Security Service Federal Credit Union Mortgage Department
As one of Texas' largest credit unions, Security Service Federal Credit Union has deep roots in South Texas and actively serves the Poteet community. They offer competitive mortgage rates to members and have specialized knowledge of rural property financing. Their mortgage team provides personalized service with the benefit of local decision-making and community-focused lending. With multiple nearby branches and extensive experience in Atascosa County real estate, they're a trusted option for Poteet homebuyers seeking the stability and member-focused approach of a established credit union.
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Frequently Asked Questions
Common questions about mortgage lending in Poteet, TX
Are there any special mortgage programs for first-time homebuyers in Poteet, TX?
Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers the Texas Homebuyer Program, which provides down payment assistance and competitive fixed-rate mortgages. This is particularly valuable in Poteet, where many buyers may be purchasing their first home. Local lenders familiar with the area can help you navigate these state-wide programs and any local credit union offerings.
How do property taxes in Atascosa County impact my mortgage payment in Poteet?
Atascosa County property taxes are a significant component of your monthly mortgage escrow payment. While Poteet's home prices can be attractive, the county's effective tax rate is notable. Your lender will calculate these taxes into your Debt-to-Income (DTI) ratio, so it's crucial to budget for this when determining how much house you can afford in the Poteet area.
What is the typical down payment needed for a home in Poteet's market?
While 20% down is standard to avoid Private Mortgage Insurance (PMI), many local buyers in Poteet utilize FHA loans with down payments as low as 3.5% or USDA loans which require 0% down if the property is in an eligible rural area—which much of Poteet is. Conventional loans with 3% down are also common, especially for first-time buyers targeting the area's more affordable home prices.
Are USDA loans a good option for buying a home in Poteet, TX?
Absolutely. Poteet is classified as a rural area by the USDA, making many homes eligible for USDA Section 502 Guaranteed Loans. These loans offer 100% financing (no down payment), competitive interest rates, and more flexible credit guidelines, which is ideal for the local market. It's one of the most advantageous programs for qualified buyers looking in this community.
How does Poteet's agricultural and rural character affect the mortgage appraisal process?
Appraisals in Poteet can be unique due to the mix of standard residential properties and homes on larger lots or with agricultural features. Lenders will use appraisers familiar with the local market who understand how to value properties with wells, septic systems, or land that may not be purely residential. This ensures the loan amount accurately reflects the property's worth in this specific setting.
Why Choose a Mortgage Lender in Poteet?
Local Market Knowledge
Lenders who understand Poteet'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 Poteet and get competitive rates on your home loan.