The Best Mortgage Lenders in Queen City, TX
Compare verified mortgage lenders serving Queen City, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Queen City
Featured Mortgage Lenders
TexAmericas Credit Union
TexAmericas Credit Union
TexAmericas Credit Union is a highly-rated local financial institution serving the Queen City area with exceptional mortgage services. As a member-owned cooperative, they offer personalized service and competitive rates that often beat larger banks. Their mortgage team has extensive experience with first-time homebuyer programs and offers flexible underwriting. With strong community ties throughout East Texas and Southwest Arkansas, they provide comprehensive mortgage solutions including specialized VA loans important for the local military community near Red River Army Depot.
Loan Types:
Patriot Mortgage
Patriot Mortgage
Patriot Mortgage has built an outstanding reputation throughout the Texarkana region serving Queen City residents with exceptional mortgage services. They specialize in making the home financing process straightforward and stress-free, with particular expertise in VA and first-time homebuyer programs. Their local loan officers provide personalized attention and maintain strong relationships with real estate professionals throughout the area. Customers consistently praise their responsiveness, transparency throughout the process, and ability to close loans efficiently.
Loan Types:
Southside Bank
Southside Bank Mortgage Division
Southside Bank brings decades of mortgage lending experience to the Queen City market with a strong regional presence throughout East Texas. As one of the most established financial institutions in the area, they offer competitive mortgage products with local underwriting and decision-making. Their mortgage specialists are known for providing exceptional customer service and guidance through every step of the home financing process. Southside Bank is particularly strong in construction lending and offers unique lot loan programs that appeal to rural property buyers in the Queen City area.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Queen City, TX
Are there any special mortgage considerations for buying a home in Queen City, TX, given its rural location?
Yes, due to Queen City's rural designation in Cass County, many properties may qualify for USDA Rural Development loans, which offer 100% financing with no down payment. This is a significant advantage for eligible buyers. It's also wise to work with a lender familiar with the local market, as property types can vary from newer subdivisions to more rural acreage.
What are typical property taxes like in Queen City, TX, and how do they affect my mortgage payment?
Cass County property taxes are a key component of your monthly payment. The combined tax rate for Queen City is approximately 1.5% to 1.7% of the assessed value. For a $200,000 home, this translates to $3,000-$3,400 annually, adding $250-$285 to your monthly mortgage escrow payment, which is a crucial factor in budgeting.
Are there any down payment assistance programs specifically for first-time homebuyers in Queen City?
While Queen City itself does not have a city-run program, Texas-wide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home program are accessible to eligible buyers in Queen City. These programs offer competitive interest rates and down payment assistance for qualifying income levels, which can be very helpful in this market.
How does the appraisal process work for a home in Queen City, given the mix of property types?
Appraisals in Queen City can be nuanced due to the variety of comparable sales, ranging from older homes on large lots to newer construction. An appraiser will look for the most recent and similar sales within the city and immediate surrounding area of Cass County. Unique properties or those on several acres may require an appraiser with specific rural expertise.
Is homeowner's insurance more expensive for mortgages in Queen City, TX, and why?
Insurance costs can be higher than the Texas average due to Queen City's location in East Texas, which has a higher risk of severe weather, including thunderstorms, hail, and tornadoes. This increased risk factor is priced into premiums. It's essential to shop around and factor this into your total monthly mortgage payment calculation.
Why Choose a Mortgage Lender in Queen City?
Local Market Knowledge
Lenders who understand Queen City'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 Queen City and get competitive rates on your home loan.