The Best Mortgage Lenders in Washington, TX
Compare verified mortgage lenders serving Washington, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Washington
Featured Mortgage Lenders
Mortgage Services
Citizens State Bank
As the premier community bank serving Washington County and surrounding areas for over a century, Citizens State Bank offers exceptional personalized mortgage services with deep local market knowledge. Their mortgage team provides competitive rates on all loan types with particular expertise in rural properties and agricultural lending. The bank maintains an outstanding reputation for customer service and local decision-making, ensuring smooth closings and personalized attention throughout the mortgage process.
Loan Types:
Mortgage Department
TDECU (Texas Dow Employees Credit Union)
As one of Texas's largest credit unions with strong presence throughout the region including Washington, TDECU offers highly competitive mortgage rates and exceptional member service. Their mortgage specialists provide comprehensive guidance through the entire home financing process with special programs for first-time homebuyers and flexible underwriting. Members consistently praise their transparent process, knowledgeable staff, and competitive closing costs.
Loan Types:
Mortgage Division
First Financial Bank
With deep roots in Central Texas and extensive experience serving the Washington area, First Financial Bank offers sophisticated mortgage solutions through their dedicated lending team. They excel in construction lending and custom home financing while providing competitive conventional and government-backed loans. Their local underwriting authority and relationship-focused approach ensure responsive service and tailored solutions for each borrower's unique financial situation.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Washington, TX
Are there any special mortgage considerations for buying a historic home in Washington, TX?
Yes, purchasing a property in the Washington Historic District often requires specific loan considerations. Lenders may require a specialized historic property appraisal and could mandate certain insurance policies. It's crucial to work with a lender experienced in historic homes, as renovation loans like the FHA 203(k) might be necessary for updates while preserving historical integrity.
What local or county-level down payment assistance programs are available for homebuyers in Washington, TX?
Washington homebuyers can access the Washington County First Time Homebuyer Program, which offers down payment and closing cost assistance in the form of a forgivable loan. Additionally, the Texas Department of Housing and Community Affairs (TDHCA) offers statewide programs like My First Texas Home, which are actively utilized in the area, especially for buyers meeting income and purchase price limits.
How do mortgage rates and fees in Washington, TX, compare to those in larger nearby cities like Brenham or College Station?
Mortgage rates in Washington are generally competitive but may come with slightly higher origination fees or require larger down payments due to the smaller, more rural market and lower volume of transactions. It's wise to compare lenders from Washington, Brenham, and even Houston, as some may offer special programs for rural areas that could offset any rate differences.
What should I know about property taxes and escrow when getting a mortgage in Washington, TX?
Washington County property taxes are a significant component of your monthly mortgage payment via escrow. The county tax rate, combined with any Washington ISD taxes, can be relatively high. Your lender will carefully calculate this escrow portion, and it's important to budget for potential annual increases, as property values in this desirable historic area have been appreciating.
Are USDA Rural Development loans a viable option for mortgages in Washington, TX?
Absolutely. Washington, TX, is eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This is a popular and advantageous program for the area, given its designation. Eligibility is based on the property location and the borrower's income, making it an excellent option for qualifying buyers looking in and around the city limits.
Nearby Cities
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Why Choose a Mortgage Lender in Washington?
Local Market Knowledge
Lenders who understand Washington'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 Washington and get competitive rates on your home loan.