The Best Mortgage Lenders in Roanoke, TX
Compare verified mortgage lenders serving Roanoke, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Roanoke
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in the Dallas-Fort Worth area, including Roanoke. Known for its innovative digital mortgage platform and competitive rates, the company has consistently high customer satisfaction ratings. With over two decades of experience, they offer a wide range of loan products and are praised for their efficient processing and transparent communication. Their local team in Dallas ensures personalized service for Roanoke residents, making them a reliable choice for homebuyers seeking a seamless mortgage experience.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a highly reputable lender with deep roots in Texas and extensive service coverage in Roanoke. Recognized for exceptional customer service and competitive loan options, they have built a strong reputation through local expertise and community involvement. With nearly three decades in business, they excel in guiding clients through complex mortgage processes, including first-time homebuyer programs and refinancing. Their high review counts and ratings reflect a commitment to reliability and customer satisfaction, making them a trusted partner for Roanoke homebuyers.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a significant regional presence in the DFW metroplex, actively serving Roanoke. They are acclaimed for their fast closing times, community-focused approach, and comprehensive loan offerings. Founded in 2008, they combine modern technology with personalized service to streamline the mortgage process. High customer ratings highlight their dedication to transparency and support, particularly for veterans and first-time buyers. Their local Plano office ensures accessible service for Roanoke residents, backed by a strong track record of customer satisfaction.
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Frequently Asked Questions
Common questions about mortgage lending in Roanoke, TX
What are the current mortgage rates like in Roanoke, TX, and how do they compare to the national average?
Mortgage rates in Roanoke are generally competitive with national averages, but can be influenced by Texas-specific factors like property taxes and insurance costs. As a high-growth area in the Dallas-Fort Worth metroplex, Roanoke often sees strong lender competition, which can work to a borrower's advantage. It's advisable to get quotes from both local community banks and national lenders for the best rate.
Are there any down payment assistance or first-time homebuyer programs specifically for Roanoke, TX, residents?
While there are no city-exclusive programs, Roanoke homebuyers have excellent access to statewide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home and Texas Mortgage Credit Certificate programs. These offer competitive interest rates, down payment assistance, and a federal tax credit. Working with a lender experienced in these Texas-wide programs is key to accessing these benefits in Roanoke.
How do Roanoke's property taxes impact my mortgage qualification and monthly payment?
Denton County property taxes in Roanoke are a significant component of your monthly mortgage payment, typically higher than the national average. Lenders will factor this into your debt-to-income ratio during qualification. It's crucial to get an accurate estimate of annual taxes (often 2.2% to 2.5% of the home's appraised value) to understand your true monthly PITI (Principal, Interest, Taxes, Insurance) obligation.
What unique mortgage considerations should I be aware of when buying a new construction home in one of Roanoke's many master-planned communities?
When buying new construction in communities like Harvest or Trinity Falls, builders often have preferred lenders offering incentives like closing cost credits. However, it's wise to get an independent mortgage pre-approval to compare terms. Also, be prepared for potential delays in closing that could affect your rate lock, and ensure your loan includes a contingency for completion of construction.
Does Roanoke's location in a high-growth part of the DFW metroplex affect appraisal values and the mortgage process?
Yes, Roanoke's rapid growth can lead to appraisal challenges, as comparable sales ("comps") may struggle to keep pace with rising home prices and buyer demand. This can sometimes result in an appraisal gap, where the appraised value is below the contract price. Buyers should discuss appraisal gap coverage strategies with their lender and be prepared with additional funds or negotiation tactics.
Why Choose a Mortgage Lender in Roanoke?
Local Market Knowledge
Lenders who understand Roanoke'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 Roanoke and get competitive rates on your home loan.