Finding the best mortgage lender in Houston can be a daunting task, given the vast array of options available. Whether you’re a first-time homebuyer or looking to refinance your current home, securing a mortgage that fits your financial needs is crucial.
Houston, known for its dynamic real estate market, boasts numerous lenders, each offering unique loan products and competitive rates.
This article will guide you through the top mortgage lenders in Houston, highlighting their strengths and specialties to help you make an informed decision and secure the best possible terms for your home financing needs.
1. Cornerstone Home Lending
Cornerstone is a comprehensive mortgage lender dedicated to providing a diverse array of home loan options and competitive pricing sourced from national investors.
With in-house capabilities for processing, underwriting, and funding, Cornerstone ensures timely closings and exceptional home-financing experiences.
Their commitment to excellence is reflected in their 100% focus on meeting deadlines and client satisfaction.
As a testament to their dedication, Cornerstone Home Lending operates under NMLS 2258, maintaining equal housing opportunities and a professional standard. For inquiries, their corporate office can be reached at 713.621.4663.
Contact Details
Phone: (713) 621-4663
Address: 1177 W Loop S #700, Houston, TX 77027
Website: https://www.houseloan.com
Related Article: 5 Best Mortgage Lender in Los Angeles
2. Network Funding, LP
Network Funding, a mortgage company established in 1998 by Buzz Baker and Rex Chamberlain, reflects a vision of a value-driven network of mortgage professionals.
Unlike typical financial institutions, Network Funding was designed to blend the loan product diversity of a mortgage broker with the administrative strength of a large financial institution.
From its inception, the company has focused on creating a unique and principled approach to mortgage lending. Buzz and Rex’s commitment to values over profit set Network Funding apart, making it a distinguished entity in the mortgage industry.
Contact Details
Phone: (713) 334-1100
Address: 10370 Richmond Ave. #900, Houston, TX 77042
Website: https://nflp.com
3. Noble Mortgage & Investments
Since 2003, Noble Mortgage & Investments has been a trusted source for conventional and hard money loans in Houston.
They offer a wide range of services, including residential and commercial mortgages, rehab to perm loans, traditional home mortgages, home equity loans, cash-outs, new construction loans, and no-income documentation loans for investors.
Renowned for their swift loan closures and problem-solving approach, Noble Mortgage turns challenges into opportunities. Their dedication to customer service is evident in their stellar Google reviews and their unique 5-point guarantee.
For reliable and efficient mortgage solutions in Houston, Noble Mortgage & Investments is the go-to choice.
Contact Details
Phone: (713) 680-8100
Address: 11111 Katy Fwy #425, Houston, TX 77079
Website: https://noblemortgage.com
4. Loan Factory
Loan Factory, established in 2006, stands as a premier mortgage broker company known for offering impressively low mortgage rates coupled with exceptional customer service.
Serving 47 states across the US, Loan Factory has successfully assisted thousands in purchasing and refinancing their homes.
They provide a wide range of home loan options, including Conventional, FHA, VA, USDA, Non-QM, Hard Money, and Construction loans. Dedicated to delivering an outstanding customer experience, Loan Factory invites comparisons of their rates and services.
Their experienced loan officers guide clients through every step to ensure they secure the best home loan deals. NMLS #: 320841.
Contact Details
Phone: (832) 990-9999
Address: 10008 Bellaire Blvd STE 203, Houston, TX 77072
Website: https://www.loanfactory.com
5. Zeus Lending
Zeus Lending stands out as the sole direct lender in the nation providing conventional loans, hard money loans, and crowdfunding investments.
Catering to a diverse range of properties, from starter homes and million-dollar estates to commercial strip centers and investor rehab projects, Zeus Lending ensures personalized attention for both first-time home buyers and seasoned investors.
With their comprehensive services and client-focused approach, Zeus Lending remains dedicated to meeting the unique needs of every customer. Reach out to them today for a lending experience tailored to your specific requirements.
Contact Details
Phone: (800) 275-9387
Address: 3104 Edloe St # 210, Houston, TX 77027
Website: https://zeuslending.com
Read More: 5 Best Mortgage Lender in New York City
Frequently Ask Questions
What factors should I consider when choosing a mortgage lender in Houston?
When selecting a mortgage lender, consider factors such as interest rates, loan terms, fees, customer service, and the lender’s reputation. It’s also important to evaluate their experience with the type of loan you need and their knowledge of the Houston real estate market.
How do I compare interest rates among mortgage lenders in Houston?
To compare interest rates, request loan estimates from multiple lenders. These estimates should include the interest rate, annual percentage rate (APR), and any associated fees. Comparing these details will help you understand the true cost of each loan option.
What types of mortgage loans are commonly offered by lenders in Houston?
Common mortgage loans include conventional loans, FHA loans, VA loans, USDA loans, and jumbo loans. Each type has specific eligibility requirements and benefits, so it’s essential to understand which loan type suits your financial situation and homebuying needs.
Are there mortgage lenders in Houston that specialize in first-time homebuyer programs?
Yes, many lenders in Houston offer special programs and incentives for first-time homebuyers. These programs may include lower down payment requirements, reduced interest rates, or grants and assistance for closing costs. Be sure to ask potential lenders about these options.
How can I improve my chances of getting approved for a mortgage in Houston?
To improve your chances of approval, maintain a good credit score, save for a substantial down payment, and reduce your debt-to-income ratio. Additionally, having a stable employment history and providing thorough documentation of your financial situation will strengthen your application.
What should I expect during the mortgage application process with Houston lenders?
The mortgage application process typically involves pre-approval, submitting a formal application, undergoing a credit check, and providing financial documentation. Afterward, the lender will conduct an appraisal of the property, and if all conditions are met, you will proceed to closing.
Are there any local grants or assistance programs for homebuyers in Houston?
Yes, Houston offers various local grants and assistance programs to help homebuyers with down payments and closing costs. These programs are often income-based and may have specific eligibility requirements. Check with local housing authorities and your lender for available options.