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Whitesboro, TX

The Best Mortgage Lenders in Whitesboro, TX

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

3
Top Lenders
4.7
Avg Rating
654+
Reviews
10
Loan Types

Available Loan Programs in Whitesboro

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
ARM
Renovation

Featured Mortgage Lenders

1

Texoma Community Credit Union

Texoma Community Credit Union

★★★★☆
4.8/5

Texoma Community Credit Union stands as one of the most trusted mortgage lenders serving the Whitesboro area with deep roots in Grayson County since 1956. As a member-owned financial cooperative, they offer highly competitive rates and personalized service that consistently earns exceptional customer ratings. Their mortgage team specializes in guiding borrowers through the entire home financing process with particular expertise in first-time homebuyer programs and VA loans. With multiple branches throughout the region and a commitment to community banking principles, they provide the local knowledge and personalized attention that national lenders often lack, making them a top choice for Whitesboro residents seeking reliable mortgage financing.

Experience:68 years
Reviews:185 customer reviews
2700 Texoma Drive, Sherman, TX 75090

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
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2

Benchmark Mortgage

Benchmark Mortgage

★★★★☆
4.7/5

Benchmark Mortgage's Sherman branch serves the Whitesboro community with exceptional mortgage services and has built a sterling reputation throughout North Texas. With over two decades of experience, their local loan officers provide comprehensive guidance through conventional, government-backed, and specialty loan programs. They're particularly noted for their efficient processing, competitive rates, and excellent communication throughout the loan process. The company maintains strong relationships with local real estate professionals and has extensive experience with rural properties common in the Whitesboro area. Their combination of local expertise with the resources of a national mortgage lender makes them a preferred choice for many homebuyers in the region.

Experience:25 years
Reviews:142 customer reviews
3416 Texoma Parkway, Sherman, TX 75090

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinanceConstructionRenovation
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3

Guild Mortgage

Guild Mortgage Company

★★★★☆
4.6/5

Guild Mortgage serves the Whitesboro market through their North Texas operations with a strong reputation for customer satisfaction and innovative loan programs. As an established lender with six decades of experience, they offer a comprehensive range of mortgage products with particular strength in government-backed loans and first-time homebuyer programs. Their local loan officers have extensive knowledge of the North Texas market and provide personalized service throughout the financing process. Guild is consistently recognized for their responsive communication, competitive rates, and ability to close loans efficiently. While based in the Dallas-Fort Worth metroplex, they actively serve the Whitesboro area and have built strong relationships with local real estate professionals.

Experience:62 years
Reviews:327 customer reviews
5000 Legacy Drive, Suite 130, Plano, TX 75024

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceRenovationFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Whitesboro, TX

Are there any special first-time homebuyer programs available specifically for Whitesboro, TX?

While there are no city-specific programs, Texas-wide initiatives like the Texas Department of Housing and Community Affairs (TDHCA) My First Texas Home program are widely accessible in Whitesboro. This program offers competitive interest rates, down payment assistance, and mortgage credit certificates for eligible buyers. Working with a local lender familiar with Grayson County is key to navigating these state resources effectively.

How does the property tax rate in Whitesboro affect my mortgage payments and affordability?

Grayson County and the City of Whitesboro have combined property tax rates that are a significant factor in your monthly payment. These rates are typically higher than the national average, which increases your total monthly escrow payment. When getting pre-approved, it's crucial to factor in these local taxes, as they can impact the loan amount you can comfortably afford compared to other regions.

What are typical down payment requirements for homes in Whitesboro's more rural or acreage properties?

For homes on larger lots or acreage common in the Whitesboro area, lenders may have stricter requirements. While a 3-5% down payment might be possible for a standard suburban lot, properties classified as "non-warrantable" or with significant land may require 20-25% down. It's essential to discuss the specific property details with your lender early in the process.

Are USDA loans a viable option for homebuyers in Whitesboro, TX?

Yes, USDA Rural Development loans are an excellent zero-down-payment option for many homebuyers in Whitesboro. The city and surrounding Grayson County areas are eligible for USDA financing, which is ideal for moderate-income buyers purchasing a primary residence. This can be a major advantage given the area's semi-rural character, making homeownership more accessible.

How do I find a local mortgage lender familiar with the Whitesboro real estate market?

The best approach is to seek recommendations from local Whitesboro or Grayson County real estate agents, as they work with lenders regularly. Many regional banks and credit unions, such as those based in Sherman or Denison, have deep knowledge of local property values, appraisal processes, and county-specific closing procedures, which can streamline your mortgage experience.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent Makes All the Difference in Whitesboro, TX

Searching for "home loan agents near me" is one of the smartest first steps you can take as a prospective homebuyer in Whitesboro. While online lenders are a click away, partnering with a local mortgage professional offers distinct advantages that are especially valuable in our unique North Texas market. A local agent isn't just a faceless processor; they're your neighborhood finance expert, deeply familiar with the rhythms of Grayson County real estate.

In Whitesboro, the housing landscape presents a mix of charming historic homes, newer subdivisions, and rural properties on the outskirts. A local loan agent understands the appraisal nuances of a classic Victorian downtown versus a newly built home near the high school. They know which properties might have septic systems versus city sewer, a detail that can affect loan approval and inspections. This hyper-local knowledge is irreplaceable. They can accurately assess how a property's characteristics will be viewed by an underwriter, helping you avoid surprises and delays.

From a practical standpoint, Texas offers several homebuyer programs that a knowledgeable local agent can help you navigate. The Texas Department of Housing and Community Affairs (TDHCA) provides down payment assistance and favorable mortgage rates for qualifying buyers. A Whitesboro-based agent will be well-versed in these programs and can tell you if your income fits within Grayson County's specific limits. Furthermore, they understand the property tax implications in Texas, which has no state income tax but higher property taxes. They can help you factor these ongoing costs accurately into your budget, ensuring you buy a home you can truly afford long-term.

Your actionable advice starts today. First, look for agents with strong ties to Whitesboro and Sherman; they should be actively working with realtors in our area. Read local reviews and ask for recommendations in community social media groups. When you interview potential agents, ask them directly: "How many loans have you closed in Whitesboro in the past year?" and "Can you walk me through how you've helped buyers with TDHCA programs?" Their answers will tell you everything.

Finally, choose an agent who communicates clearly and makes you feel confident. The home loan process can feel complex, but with a trusted local expert by your side, you gain a partner who can translate the jargon, advocate for you, and help you secure the keys to your perfect Whitesboro home. Start your search locally—it’s the foundation for a smoother, more informed homebuying journey right here in our community.

Nearby Cities

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Why Choose a Mortgage Lender in Whitesboro?

Local Market Knowledge

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