The Best Mortgage Lenders in San Felipe, TX
Compare verified mortgage lenders serving San Felipe, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in San Felipe
Featured Mortgage Lenders
Mark Murff
Allied Home Mortgage Capital Corporation
Mark Murff and his team at Allied Home Mortgage have built an exceptional reputation serving the Greater Houston area including San Felipe for over two decades. With nearly 200 overwhelmingly positive reviews, they're known for their personalized service, competitive rates, and expertise in all loan types including specialized options for rural properties common in the San Felipe area. Their long-standing community presence and commitment to customer education make them a top choice for homebuyers seeking reliable mortgage guidance.
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Lisa Trowbridge
Supreme Lending
Lisa Trowbridge's Supreme Lending team serves the Katy and surrounding areas including San Felipe with exceptional mortgage services. With hundreds of satisfied clients, they're recognized for their streamlined process, competitive pricing, and extensive knowledge of the local real estate market. Their strong relationships with real estate professionals throughout the region and commitment to transparent communication have earned them consistent high ratings and repeat business.
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Michael Burson
First Community Mortgage
Michael Burson and First Community Mortgage have established themselves as trusted mortgage advisors serving the Greater Houston metropolitan area including San Felipe. Specializing in both purchase and refinance transactions, they're particularly noted for their expertise in construction lending and rural property financing. Their local market knowledge, responsive service, and commitment to finding the right loan solution for each client's unique situation have resulted in consistently excellent customer feedback and strong industry relationships.
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Frequently Asked Questions
Common questions about mortgage lending in San Felipe, TX
What are the typical down payment requirements for homes in San Felipe, TX, given its rural setting?
While standard loans often require 3-5% down, many properties in rural Burleson County, including San Felipe, may qualify for USDA loans, which offer 0% down payment options. This is a significant advantage for buyers looking at the area's more affordable, larger lots. It's essential to confirm the specific property's eligibility with a lender familiar with the local USDA map.
Are there any local or county-specific first-time homebuyer assistance programs available in San Felipe?
While San Felipe itself does not have a city-run program, Texas State Affordable Housing Corporation (TSAHC) offers statewide down payment assistance grants and favorable mortgage rates for first-time buyers, which are accessible to San Felipe residents. Additionally, checking with local credit unions or lenders in nearby Sealy can reveal any community-specific grants or partnerships.
How do property tax rates in San Felipe, TX, impact my overall mortgage payment?
Burleson County has a relatively high property tax rate, which can significantly increase your monthly escrow payment. When budgeting for a mortgage in San Felipe, it's crucial to factor in taxes that can add hundreds to your monthly payment, even on a modestly priced home. A lender can provide a precise estimate based on the home's appraised value.
What type of home insurance considerations are unique to getting a mortgage in San Felipe?
Due to San Felipe's location in a wildfire risk area and its proximity to flood zones (like the San Bernard River), lenders will require adequate hazard insurance. You may need separate flood insurance if the property is in a designated zone, which can increase your annual insurance costs and, consequently, your total monthly mortgage payment.
Is it difficult to get appraisals for unique or historic properties in San Felipe, and how does that affect financing?
Yes, financing historic homes or unique rural properties in San Felipe can present appraisal challenges, as finding comparable sales ("comps") in a small market can be difficult. This may require an appraiser with experience in rural or historic properties and could potentially affect the final loan amount if the appraisal comes in lower than the purchase price. Discussing this with your lender upfront is key.
Why Choose a Mortgage Lender in San Felipe?
Local Market Knowledge
Lenders who understand San Felipe'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 San Felipe and get competitive rates on your home loan.