The Best Mortgage Lenders in Uvalde, TX
Compare verified mortgage lenders serving Uvalde, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Uvalde
Featured Mortgage Lenders
First State Bank of Uvalde Mortgage Department
First State Bank of Uvalde
As Uvalde's hometown bank with over a century of service, First State Bank of Uvalde offers deeply personalized mortgage services with exceptional local market knowledge. Their mortgage team provides competitive rates and flexible terms specifically tailored to South Texas residents. They're known for their community commitment, transparent process, and hands-on guidance through every step of the mortgage journey, making them the top local choice for Uvalde homebuyers.
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Security Service Federal Credit Union Mortgage Division
Security Service Federal Credit Union
While based in San Antonio, Security Service FCU serves the entire South Texas region including Uvalde with exceptional mortgage products and member-focused service. As one of the largest credit unions in the area, they offer highly competitive rates, low fees, and personalized mortgage solutions. Their digital mortgage platform combined with local branch support provides Uvalde residents with both convenience and personal service. Members consistently praise their responsive loan officers and smooth closing processes.
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SWBC Mortgage Corporation - San Antonio Office
SWBC Mortgage Corporation
SWBC Mortgage has been serving Texas communities for decades with a strong presence throughout South Texas, including Uvalde. As a mortgage broker with access to multiple lenders, they can shop rates and programs to find the best fit for Uvalde homebuyers. Their experienced loan officers specialize in rural and suburban Texas properties and are praised for their expertise with USDA and VA loans that benefit many Uvalde area residents. Their comprehensive digital application process and local underwriting expertise make them a top regional choice.
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Frequently Asked Questions
Common questions about mortgage lending in Uvalde, TX
Are there any special mortgage or down payment assistance programs for first-time homebuyers in Uvalde, TX?
Yes, Uvalde homebuyers can access statewide programs like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home program, which offers competitive interest rates and down payment assistance. Additionally, local lenders may have relationships with regional or county-specific initiatives. It's crucial to work with a loan officer familiar with these programs, as income and purchase price limits are specific to Uvalde County.
How does Uvalde's more rural location and economy affect mortgage qualification and property appraisal?
Lenders may take a slightly more conservative approach with appraisals in Uvalde due to a smaller pool of comparable home sales, which can sometimes impact loan-to-value calculations. For self-employed buyers or those in local industries like ranching, agriculture, or healthcare, documenting stable income is key. However, the lower overall home prices compared to major metros often make debt-to-income ratios easier to manage.
What are typical closing costs for a mortgage in Uvalde, and are there any unique local fees?
Closing costs in Uvalde typically range from 2% to 5% of the loan amount, similar to state averages. Unique local fees can include specific Uvalde County recording fees and potential costs for well and septic inspections, which are common for properties outside the city limits. Your lender should provide a detailed Loan Estimate outlining all anticipated Uvalde-specific title, escrow, and government fees early in the process.
Is homeowner's flood insurance required for mortgages in Uvalde, and how does it affect the loan?
Flood insurance is a critical consideration in Uvalde, especially for properties near the Leona River or in designated flood zones. Lenders will require a flood certification, and if the home is in a Special Flood Hazard Area (SFHA), mandatory flood insurance will be a condition of the loan, adding to your monthly escrow payment. Even outside high-risk zones, many Uvalde homeowners opt for coverage given local weather patterns.
Are USDA Rural Development loans a viable option for buying a home in Uvalde, TX?
Absolutely. Uvalde is eligible for USDA Single Family Housing Guaranteed Loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a popular and advantageous program in the area, as many locations in and around Uvalde meet the USDA's rural designation. Income limits apply, but they are based on the Uvalde County median, making many local residents eligible.
Why Choose a Mortgage Lender in Uvalde?
Local Market Knowledge
Lenders who understand Uvalde'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 Uvalde and get competitive rates on your home loan.