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Strawn, TX

The Best Mortgage Lenders in Strawn, TX

Compare verified mortgage lenders serving Strawn, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
1050+
Reviews
7
Loan Types

Available Loan Programs in Strawn

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 27 years in business, they have a strong presence in Texas and serve Strawn through their Fort Worth branch. They are highly regarded for their wide range of loan options, including specialized programs for first-time homebuyers and veterans, and have consistently high customer satisfaction ratings due to their personalized approach and efficient processing.

Experience:27 years
Reviews:450 customer reviews
550 Bailey Ave Suite 600, Fort Worth, TX 76107

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a highly reputable mortgage lender with a strong regional presence in Texas, including service to Strawn. Founded in 2003, they offer a diverse portfolio of loan products and are praised for their competitive rates and commitment to minority and underserved communities. Their 20 years of experience, coupled with high customer ratings, reflect their reliability and focus on making homeownership accessible through flexible solutions and dedicated support.

Experience:20 years
Reviews:380 customer reviews
420 Throckmorton St Suite 850, Fort Worth, TX 76102

Loan Types:

ConventionalFHAVAUSDAReverse MortgagesRefinance
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.8/5

Movement Mortgage is a nationally recognized lender with a robust local presence in Texas, serving Strawn through their Fort Worth office. Founded in 2008, they are known for their fast closing times, competitive rates, and exceptional customer service. With 15 years of experience, they have built a strong reputation for transparency and community involvement, offering a variety of loan types tailored to meet diverse needs, which contributes to their high customer satisfaction and review scores.

Experience:15 years
Reviews:220 customer reviews
301 Commerce St Suite 3200, Fort Worth, TX 76102

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Strawn, TX

What are typical down payment requirements for homes in Strawn, TX, given the lower average home prices?

Due to Strawn's more affordable housing market, many buyers can utilize conventional loans with a 3% down payment or FHA loans with 3.5% down. For a home priced around $150,000, this translates to a down payment of $4,500-$5,250, making homeownership more accessible. Local lenders are familiar with appraising rural properties here to ensure loans meet guidelines.

Are there specific mortgage programs or grants for first-time homebuyers in Palo Pinto County that apply in Strawn?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers first-time homebuyer programs like the Texas Homebuyer Program, which provides down payment assistance and competitive fixed-rate mortgages. These programs are available statewide, including in Strawn, and can be particularly helpful given the area's median income levels.

How does Strawn's rural location and smaller market affect mortgage interest rates compared to larger Texas cities?

Your interest rate is primarily based on your credit profile and national markets, not Strawn's size. However, some national lenders may have slightly higher rates or fees for properties they deem "remote," so it's advantageous to work with a local or regional Texas lender familiar with the area who may offer more competitive terms.

What should I know about getting a mortgage for land or a manufactured home in Strawn?

Financing for land or manufactured homes in rural areas like Strawn can be more complex. For land purchases, you'll typically need a larger down payment (20-50%). For manufactured homes, they must be permanently affixed to a foundation and titled as real property to qualify for an FHA, VA, or USDA loan, which are common here.

Is the USDA Rural Development Loan a good option for buying a home in Strawn, TX?

Absolutely. Strawn is in an eligible rural area as defined by the USDA. This program offers 100% financing (no down payment) for qualified buyers with moderate incomes, which can be an excellent fit for the community. It's a popular choice in the area for eligible borrowers looking to minimize upfront costs.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Strawn, Texas

Searching for "home lenders near me" in Strawn, Texas, is about more than just finding a name on a map. It's about connecting with financial partners who understand the unique rhythm of our local market and the specific dreams of Palo Pinto County homebuyers. While big online lenders might offer a quick quote, a local or regional expert can provide the nuanced guidance that makes all the difference in a successful home purchase here.

Strawn’s housing market presents a distinct opportunity. You might be looking at a charming historic home downtown, a property with some land, or a newer build. Each of these comes with different considerations for a lender. A local professional will understand the appraisals in our area, knowing how to accurately value a home that might not have dozens of direct comparables nearby, unlike in a major metro. They have a pulse on what’s happening in Strawn and the surrounding communities, which is invaluable when making one of the biggest financial decisions of your life.

Your first actionable step is to define what "near me" really means. In our part of Texas, this often includes lenders with physical branches in nearby hubs like Mineral Wells or Stephenville, as well as trusted local mortgage brokers who work with multiple banks. These brokers can be especially powerful as they shop your loan profile across various programs to find you the best fit. Don't hesitate to ask any lender you speak with about their experience with properties in Strawn specifically. How do they handle rural or semi-rural appraisals? Have they worked with the local title companies?

As a Texas homebuyer, you also have access to fantastic state-specific programs that a knowledgeable local lender can help you navigate. The Texas Department of Housing and Community Affairs (TDHCA) offers programs like the Texas First Time Homebuyer Program and the My First Texas Home program, which provide competitive interest rates, down payment assistance, and tax credits. These are powerful tools for qualifying buyers, but they have specific requirements and processes. A lender familiar with these programs is essential to unlocking their benefits.

Finally, make your shortlist and pick up the phone. In a community like Strawn, personal relationships and responsive communication are key. You want a lender who answers your calls, explains the steps in plain language, and meets deadlines. Ask for recommendations from your local real estate agent, who works with lenders regularly and knows who performs reliably. By choosing a lending partner who is invested in our region, you’re not just getting a loan; you’re gaining an advisor who will help you plant firm financial roots right here in Strawn.

Nearby Cities

Explore mortgage lenders in cities near Strawn, TX

Why Choose a Mortgage Lender in Strawn?

Local Market Knowledge

Lenders who understand Strawn'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 Strawn and get competitive rates on your home loan.