The Best Mortgage Lenders in Santa Anna, TX
Compare verified mortgage lenders serving Santa Anna, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Santa Anna
Featured Mortgage Lenders
First Financial Bank
First Financial Bank, N.A.
First Financial Bank is a highly-rated regional bank with deep roots in West Texas, serving Santa Anna and surrounding communities for over 130 years. They maintain exceptional customer satisfaction ratings with personalized mortgage services and local underwriting decisions. As a community-focused institution, they offer competitive rates and have specialized knowledge of rural property financing, making them an excellent choice for Santa Anna residents seeking conventional, government-backed, or construction loans with local decision-making.
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Supreme Lending
Supreme Lending
Supreme Lending is a top-rated mortgage company with strong presence throughout Texas, including service to Santa Anna and Coleman County. They consistently receive exceptional customer reviews for their responsive service, competitive rates, and efficient loan processing. With extensive experience in rural and small-town Texas properties, they offer specialized expertise in USDA loans and other programs ideal for the Santa Anna area. Their local Abilene office provides personalized service while leveraging national lending capabilities.
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Guild Mortgage
Guild Mortgage Company
Guild Mortgage is a nationally recognized lender with strong local presence in West Texas, serving Santa Anna through their Abilene branch. They maintain outstanding customer satisfaction ratings and offer one of the most comprehensive mortgage product portfolios in the industry. With over six decades of experience, they specialize in first-time homebuyer programs and government-backed loans, while providing exceptional local service. Their commitment to community lending and extensive experience with rural properties makes them an excellent choice for Santa Anna homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Santa Anna, TX
Are there any special mortgage considerations for buying a home in Santa Anna, TX, given its rural location?
Yes, due to Santa Anna's rural designation in Coleman County, many properties may qualify for USDA Rural Development loans, which offer 100% financing with no down payment. Lenders will also pay close attention to property appraisals, as comparing similar homes can be more challenging in a smaller market. It's advisable to work with a lender experienced in rural Texas properties.
What are typical down payment assistance programs available for first-time homebuyers in Santa Anna?
First-time buyers in Santa Anna can access the Texas Department of Housing and Community Affairs (TDHCA) programs like the My First Texas Home loan, which offers competitive rates and down payment assistance. Additionally, the Coleman County Community Action Agency may have local grants or assistance programs. These are particularly valuable as the median home price in Santa Anna is below the state average.
How do property tax rates in Santa Anna, TX, affect my mortgage payment and qualification?
Coleman County property taxes are a significant component of your monthly payment. Santa Anna's combined tax rate (city, county, school district) is typically around 1.8-2.2%, which is moderate for Texas. Lenders will factor this into your debt-to-income ratio, so your borrowing power may be slightly lower compared to areas with lower tax rates, even with a modest home price.
Is it difficult to get a mortgage for a manufactured home in Santa Anna?
Financing for manufactured homes is common in Santa Anna, but with specific requirements. The home must be permanently affixed to a foundation and titled as real estate. Local lenders and some credit unions familiar with the area often offer competitive terms for these loans, which differ from standard mortgage products for site-built homes.
Are interest rates in Santa Anna, TX, different from those in larger Texas cities?
Mortgage interest rates are generally standardized nationally, but your final rate can be influenced by local factors. In Santa Anna, a smaller pool of local lenders might mean slightly less competition, so it's wise to shop around with regional banks and credit unions. Furthermore, loan products for lower-priced homes, common in Santa Anna, can sometimes have different rate structures or fees.
Why Choose a Mortgage Lender in Santa Anna?
Local Market Knowledge
Lenders who understand Santa Anna'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 Santa Anna and get competitive rates on your home loan.