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Texline, TX

The Best Mortgage Lenders in Texline, TX

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

3
Top Lenders
4.7
Avg Rating
365+
Reviews
11
Loan Types

Available Loan Programs in Texline

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Lot Loans
First-time Homebuyer
Home Equity

Featured Mortgage Lenders

1

Mortgage Department

First United Bank

★★★★☆
4.8/5

First United Bank stands as one of the most established and highly-rated regional lenders serving the Texas Panhandle area, including Texline. With over a century of banking experience, they offer personalized mortgage services with local decision-making authority. Their Amarillo location serves as a regional hub for mortgage lending throughout the northern Texas region. Customers consistently praise their competitive rates, transparent process, and exceptional customer service, particularly for rural and agricultural properties common in areas like Texline.

Experience:120 years
Reviews:150 customer reviews
701 S Taylor St, Amarillo, TX 79101

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mortgage Services

Happy State Bank

★★★★☆
4.7/5

Happy State Bank has built a strong reputation throughout the Texas Panhandle with deep roots in community banking. Their mortgage division receives excellent reviews for handling rural property financing, which is particularly relevant for Texline residents. They offer specialized knowledge of the local real estate market and provide competitive construction and land loan options. The bank is known for its responsive service and understanding of the unique needs of rural Texas homeowners, with many customers noting their efficient closing processes and personalized attention.

Experience:105 years
Reviews:120 customer reviews
600 S Taylor St, Amarillo, TX 79101

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLot LoansRefinance
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3

Mortgage Lending Department

American First Credit Union

★★★★☆
4.6/5

American First Credit Union serves the entire Texas Panhandle region, including Texline, and has earned excellent ratings for their mortgage lending services. As a member-owned financial institution, they typically offer highly competitive rates and lower fees than many traditional banks. Their mortgage team receives consistent praise for guiding first-time homebuyers through the process and offering flexible underwriting standards. The credit union has particular expertise with USDA rural development loans, making them an ideal choice for Texline area residents seeking affordable financing options.

Experience:85 years
Reviews:95 customer reviews
5801 S Coulter St, Amarillo, TX 79119

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Texline, TX

What are the typical down payment requirements for homes in Texline, given its rural market?

In Texline's affordable rural market, many conventional loans are available with down payments as low as 3-5%. For eligible buyers, USDA Rural Development loans offer a significant advantage with 0% down payment, as Texline qualifies for this program due to its population and location. Local lenders are familiar with these options and can guide you based on your specific property.

Are there specific first-time homebuyer programs or grants available for Texline residents?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers its My First Texas Home program, which provides down payment assistance and competitive mortgage rates, and it is accessible to eligible buyers in Texline. Additionally, the USDA Section 502 Direct Loan Program can be a powerful tool for low- and very-low-income applicants in the area, offering subsidized rates and payment assistance.

How do property taxes in Dallam County impact my mortgage payment in Texline?

Dallam County property taxes are a significant component of your monthly mortgage escrow payment. While Texas has no state income tax, property tax rates are generally higher; in Dallam County, the rate is approximately 1.5-1.8% of the appraised value. Your lender will calculate this into your Debt-to-Income ratio and monthly payment, so it's crucial to budget for this local expense.

Is it difficult to get a mortgage for land or a farmstead just outside Texline city limits?

Financing raw land or large acreage parcels common in the Texline area can be more complex than a standard home loan. You will likely need a higher down payment (often 20-50%) and may need to work with a local agricultural lender or a bank familiar with rural Texas collateral. For building a home, a one-time-close construction-to-permanent loan is a common solution offered by regional lenders.

Do lenders in Texline offer any special considerations for the local energy and agricultural workforce?

Many local and regional lenders in the area have experience with borrowers whose income may be seasonal (agriculture) or bonus-based (energy sector). They can often use a two-year history of such income for qualification. Furthermore, some state programs like the TDHCA's Homes for Texas Heroes program offer special benefits for teachers, firefighters, and EMS personnel, which is relevant for Texline's essential workers.

Mortgage Insights

Finding Your Texline Mortgage Partner: Why Local Expertise Matters on the High Plains

If you're starting the exciting journey to buy a home in Texline, you've likely typed "mortgage loan officer near me" into a search bar. While it's tempting to go with the first big online lender you find, connecting with a local mortgage professional in or familiar with the Texas Panhandle can make a world of difference for your homebuying success. Here’s why a local touch is crucial in our unique corner of Texas.

Texline isn't just another zip code; it's a tight-knit community with a specific housing market. A mortgage loan officer based in Dalhart, Dumas, or even Amarillo who regularly works in Dallam County understands the nuances of property values here. They know the difference between a well-maintained ranch property and one that might have unseen issues, which can impact appraisal values. They're familiar with the types of homes available—from historic properties in town to more rural acreages—and can guide you on what financing options work best for each. An out-of-town online lender might see just numbers, but a local officer sees the context.

When searching for your "mortgage loan officer near me," prioritize those who are accessible for in-person meetings. Buying a home is a significant, sometimes stressful process. Being able to sit down face-to-face at a local bank or coffee shop in Texline or a neighboring town to review documents, ask questions, and get clear explanations is invaluable. This personal connection ensures your loan officer is invested in your community and your successful closing.

Texas offers several homebuyer programs that a knowledgeable local officer can help you navigate. For instance, the Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and competitive mortgage rates for qualified buyers. A Panhandle-based loan officer will be well-versed in these programs and can determine if you're eligible, potentially making homeownership more affordable. They also understand the implications of Texas's property tax structure and can help you factor those ongoing costs accurately into your budget.

Your actionable first step? Look beyond the generic search. Ask for referrals from your local Texline real estate agent, community bank, or even friends and neighbors who have recently purchased. When you interview potential loan officers, ask them directly: "How many loans have you closed in Dallam County in the last year?" and "What specific challenges or opportunities do you see for buyers in Texline?" Their answers will tell you if they have the local market intelligence you need.

In the vast landscape of the Texas Panhandle, having a guide who knows the local terrain is essential. By choosing a mortgage loan officer who understands Texline, you're not just getting a loan—you're gaining a partner who will help you plant roots confidently in our High Plains community.

Nearby Cities

Explore mortgage lenders in cities near Texline, TX

Why Choose a Mortgage Lender in Texline?

Local Market Knowledge

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