The Best Mortgage Lenders in Sunset, TX
Compare verified mortgage lenders serving Sunset, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Sunset
Featured Mortgage Lenders
Texas Trust Credit Union
Texas Trust Credit Union
Texas Trust Credit Union is one of North Texas' most established and highly-rated mortgage lenders, serving the entire DFW metroplex including Sunset and surrounding areas. With over 85 years of community banking experience, they offer personalized service through local branch networks and have exceptional customer satisfaction ratings. Their mortgage team specializes in first-time homebuyer programs and offers competitive rates with flexible terms, making them a top choice for Sunset residents seeking local expertise with the stability of a longstanding financial institution.
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Pinnacle Mortgage Group
Pinnacle Mortgage Group
Pinnacle Mortgage Group is a highly-rated Fort Worth-based mortgage broker serving the entire North Texas region, including Sunset. With nearly two decades of experience, they've built an exceptional reputation for personalized service and competitive loan options. Their team of experienced loan officers specializes in navigating complex mortgage scenarios and offers a wide range of loan products. Customers consistently praise their responsiveness, transparency throughout the process, and ability to secure favorable terms, making them a top regional choice for Sunset homebuyers.
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Guild Mortgage Company
Guild Mortgage Company
Guild Mortgage is a nationally recognized mortgage lender with strong local presence in North Texas, serving Sunset and surrounding communities. With over six decades of experience, they combine the resources of a large lender with personalized local service. Their Fort Worth branch has particularly high ratings for customer service and loan processing efficiency. Guild specializes in various government-backed loans and offers unique programs like their Zero Down Payment option, making them an excellent choice for Sunset residents seeking comprehensive mortgage solutions with nationwide backing and local expertise.
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Frequently Asked Questions
Common questions about mortgage lending in Sunset, TX
What are the typical down payment requirements for homes in Sunset, TX, given its rural market?
In Sunset's more affordable rural market, many conventional loans can be secured with a 5% down payment, and FHA loans with 3.5% down are common. For properties on larger lots or acreage, which are typical here, some lenders may require a slightly higher down payment of 10-20% due to the specialized nature of the collateral. It's important to work with a lender experienced in rural Texas properties.
Are there any local or county-specific first-time homebuyer assistance programs available in Sunset?
While Sunset itself does not have a city-run program, Denton County offers the "DREAM" program, which provides down payment and closing cost assistance to eligible first-time buyers purchasing within the county, including Sunset. This is a forgivable grant that can be a significant help, as many state-level Texas programs have income limits that are easily met in Sunset's market.
How does the lack of city property taxes in Sunset, TX, affect my mortgage qualification and payments?
Sunset is unique as an incorporated city with no municipal property tax, which can lower your total monthly housing payment. Lenders will still use the Denton County and Sunset ISD tax rates for qualification. This lower overall tax burden can improve your debt-to-income ratio, potentially allowing you to qualify for a slightly higher loan amount compared to a similar-priced home in a taxing city.
What should I know about getting a mortgage for a property with land or acreage in Sunset?
Financing a home on several acres in Sunset requires a lender familiar with non-standard properties. Many "conforming" loans have limits on acreage; properties exceeding 10 acres may need a rural-focused portfolio loan or a USDA loan if eligible. An accurate appraisal that properly values both the home and the land is critical, as standard comparables can be harder to find.
Are USDA Rural Development loans a viable option for mortgages in Sunset, Texas?
Yes, Sunset is located in an eligible rural area as designated by the USDA. This means qualified buyers can utilize USDA loans, which offer 100% financing (no down payment), competitive interest rates, and more flexible credit guidelines. This is an excellent program for primary residences in Sunset, especially for moderate-income buyers looking to minimize upfront costs.
Why Choose a Mortgage Lender in Sunset?
Local Market Knowledge
Lenders who understand Sunset'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 Sunset and get competitive rates on your home loan.