Buying a home is the most important financial decision that the average person will undertake in their life. Finding the right mortgage for you and your family can potentially save you thousands of dollars over the course of your contract. As the city of Austin continues to grow, the need for a family to ensure they have the best mortgage for their needs becomes more apparent. We’ve gathered a list of the best mortgage lenders in Austin, Texas, and listed them below alphabetically.
1. A+ Federal Credit Union
They offer options for both home buyers and refinancers that are looking to get a mortgage from a local credit union. They offer down payments as low as 5% and allow clients to pre-qualify for a mortgage online in English or Spanish.
2. Austin Capital Mortgage
Operating since 1996, Austin Capital Mortgage offers pre-approval on their website for their traditional, FHA, VA, and Jumbo loans. They offer free quotes and consultations to help you find the right mortgage.
3. Capstar Lending
This group, which recently aligned with First Bank offers assistance for homebuyers who wish to participate in any of the State of Texas’ home buyer assistance programs. They provide conventional loans starting at a 3% down payment with a credit score of at least 620 and can provide downpayment assistance thanks to their participation in Texas Bond Programs.
4. Citizens National Bank
For over 100 years Citizens National Bank has served the financial needs of Central Texas residents. They offer mortgage loans at competitive rates for purchase, refinancing, and construction. They also offer low downpayment options and process all applications in-house.
5. Movement Mortgage
As one of the largest mortgage lenders in the country, Movement is well-referred for its innovative mortgage process. They complete all the work in-house, offering a streamlined application process which they say gets applicants into homes faster.
6. Sage Capital Bank
As a smaller, independent bank, Sage prides itself on its focus on the customer experience. Additionally, they offer a wide range of loan products, including purchase, refinance, home equity, construction, and home improvement.
7. Sente Mortgage
A Texas-based company that offers a wide range of products for all types of mortgage customers. As a result, this includes adjustable-rate, fixed-rate, FHA, VA, USDA, and construction loans. Apply online and track the status of your application through their web portal.
8. Susser Bank
Formerly known as Affiliated Bank, Susser is a community-focused bank. As a result, they aim to enhance the customer experience in their loan lending process. Read through the testimonials on their website, where you can apply instantly for a mortgage.
9. Texas Regional Bank
This is one of the newest banks on the list, formed in the fallout of the financial crisis of 2008. This small, community-minded organization offers a wide range of loans to purchase or build your home.
10. University Federal Credit Union
With multiple locations across town, you’re likely not too far from one of their offices. UFCU has a wide range of fixed-rate and adjustable-rate mortgages plus land purchase loans, VA loans, Community Hero loans for teachers, firefighters, police officers, and military, as well as Medical Community loans for doctors and nurses.
