Best Mortgage Lenders in Dallas, TX
For most Dallas residents, a mortgage is the only way to become a homeowner. The best mortgage lenders in Texas ensure your buying process is smooth from start to finish. These companies offer you solid mortgage rates and make owning a home more affordable.
Top 12 Dallas Mortgage Lender Companies
|BOK Financial Mortgage||Read 1,682 Reviews|
Offers conventional, jumbo, FHA, VA, USDA and Native American home loan programs plus mortgage refinancing. The Lock and Build program is available to finance new home construction. Direct mortgage lender.
|Mr. Cooper||Read 9,033 Reviews|
Offers conventional, FHA, VA and jumbo home loans nationwide. Refinances homes with FHA Streamline and VA IRRRL (interest rate reduction refinance loan). Provides convenient app. No online payment fees. Non-bank mortgage servicer.
|Vanderbilt Mortgage||Read 1,882 Reviews|
Specializes in financing for new or used manufactured, modular and mobile homes. Provides conventional, land-home, FHA and biweekly advantage mortgages. Down payments start at 3.5% of the total purchase price.
|Toll free number (855) 976-1445|
|ClearPath Lending||Read 863 Reviews|
Offers FHA, VA, conventional and jumbo loans for purchase, plus mortgage refinancing options. Lets customers track loan progress via an online portal. Funds most loans within 30 days.
|Toll free number (855) 980-6844|
|AmeriSave Mortgage||Read 2,836 Reviews|
Provides FHA, VA, USDA and jumbo purchase loans plus cash-out refinancing options. Gives accurate quotes within minutes. Prequalify and close in as little as 25 days. Direct mortgage lender.
|Toll free number (855) 794-5993|
|First United Mortgage Group||Read Expert Review|
Maintains in-house underwriting, processing, closing and funding departments to make the loan approval process faster and easier. Backed by nearly $5.5 billion in assets for more reliable services and mortgages.
|Highlands Residential Mortgage||Read Expert Review|
Offers a free online homebuyer’s guide. Provides buying and refinancing programs. Helps you find the right loan for your situation and home purchase.
|Southwest Funding||Read Expert Review|
Offers a five-step buying or refinancing process to make things straightforward and simple. More than 20 years of experience lending billions to homeowners across the nation.
|Supreme Lending||Read Expert Review|
Provides access to superior technologies — such as advanced processing software and automated underwriting systems — that find lower rates. Holds multiple industry awards.
|The Hargrave Group||Read Expert Review|
Offers more than 30 programs to fit a wide variety of long- and short-term needs. Provides customers with a comprehensive loan analysis and access to lower rates and fees than other companies.
|The Tuttle Group||Read Expert Review|
Focuses on providing customers with the best deals and interest rates. Aligns customers’ long-term financial goals with their home buying options. Dedicated to 100% transparency.
|Winning with Wade||Read Expert Review|
Maintains more than $400 million in company’s servicing portfolio. Provides support and personalized service to customers in the Dallas-Fort Worth area. Comprehensive website includes mortgage tips and helpful blogs.
Current mortgage trends in Dallas, TX
With a growing population and a robust local economy, Dallas is a great place to invest in real estate. As a result, home prices and mortgage rates from mortgage companies here only continue to increase.
The median value of homes in Dallas is $186,760, and more than half of the area’s homes sell for between $66,001 and $263,000, according to NeighborhoodScout. The value of homes in the most affordable areas, which include Southeast Dallas, Duncanville and Southern Dallas, increased at the highest rate — between 10% and 12% in the last year. A mortgage from our listed Dallas mortgage companies helps make this dream a reality, offering an attainable way to invest in the growing housing market.
Median home prices in Dallas neighborhoods
|Dallas area||Median home price|
Finding a Dallas mortgage loan
Dallas companies offer multiple types of mortgage loans. For most Dallas residents, a 30-year fixed loan is the most common option because it offers greater flexibility and lower average mortgage payments. They’re also usually easier to get approved for than a 15-year loan.
If you have less-than-ideal credit or are a first-time homebuyer, an FHA loan in Texas is an excellent option because of its low down payment requirements and easier approval process. However, because Dallas also has many high-end neighborhoods that cost well above federal limits for loans, jumbo loans may be necessary.
When deciding which loan works best, make sure you study different neighborhoods. Where you move dictates the cost to purchase a home and the type of mortgage that fits best.
- Timberbrook: With exceptional public schools, a beautiful layout and clean planning, Timberbrook is a great place for families in Dallas. Homes in Timberbrook average $302,000, which makes it a great place to get a return on investment.
- Bishop Arts District: Southwest of Downtown, this neighborhood has fun art galleries, fairs, boutiques and more, making it an excellent place for young couples or millennials looking to buy their first home. The median home purchase is $150,839, meaning FHA or 30-year loans work well here.
- Lakewood: For well-off families, Lakewood is a beautiful neighborhood that's close to nature and has award-winning schools. With a price point averaging around $968,000, a jumbo or even a super-jumbo loan may be necessary for Lakewood homeowners.
- Hollywood Heights: If you want the benefit of Lakewood school district with more affordable houses, Hollywood Heights is the place to be. Homes here average at $480,000, meaning a nonconforming loan may be needed, but it is still much more affordable than Lakewood with the same benefits.
- Red Oak: Only 20 minutes south of Dallas, Red Oak is a great place to raise a family outside of the city, so families who want more space should look into this neighborhood. And because it qualifies for USDA home loans in Texas, its $230,700 price point makes it even more affordable.
Choosing a mortgage lender company in Dallas, TX
It’s important to compare multiple Texas mortgage companies to find your best rates, whether you’re looking for refinance rates, cash-out refinance rates, a home equity line of credit or simply the best mortgage rates in Texas.
Once you get a general idea of the terms of your loan from each company, make sure to read the fine print to see which offer is the best. Pay special attention to the requirements, fees and costs beyond principal and interest payments.
It’s also crucial you understand if the company you’re working with is a lender, broker, banker or something else. You can also check to make sure if the company is certified through the Nationwide Multistate Licensing System.
Dallas mortgage FAQs
- What credit score do you need to get a mortgage in Dallas?
- This depends on the type of loan you receive. Conventional loans typically require a minimum 620 credit score, while bad credit home loans Texas — like FHA loans — can be approved with a 500 credit score.
- How long does it take to get approved for a mortgage loan in Dallas?
- The pre-approval process is typically very short and sometimes takes as little as one hour. All it requires is plugging your information into the company's system, meaning the longest part of the process can just be collecting the required information.
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Dallas mortgage company information
Highlands Residential Mortgage focuses on providing the best mortgage options to customers in all situations. Highlands Residential Mortgage offers buying and refinancing programs plus a free online homebuyer’s guide so customers can answer their own questions before committing to a company.
- Address: 12001 N. Central Expressway, Ste. 750, Dallas, TX 75243
- Phone: (469) 402-1200
- Hours: M - F: 8:30am - 5pm
- Website: highlandsmortgage.com
The Tuttle Group focuses on getting customers the best deal — not just in terms of interest rates, but in the whole buying process. Its team works with clients to align long-term goals with their home loan options, offering resources like Realtor Coffee Talk and credit score help to find a customer's best solution. The company is dedicated to 100% transparency in all transactions.
- Address: 14900 Landmark Blvd., Ste. 600, Dallas, TX 75254
- Phone: (469) 319-0660
- Hours: M - F: 8:30am - 6pm
- Website: thetuttlegroup.com
Southwest Funding has lent billions of dollars to homeowners through its 80 branch locations over more than 20 years. Its buying or refinancing process is simple and straightforward, broken down into just five steps. The company's motto is Home Loans Done Right, which means on time, on budget and on par with customer expectations.
- Address: 13150 Coit Road, Ste. 100, Dallas, TX 75240
- Phone: (877) 878-8989
- Hours: M - F: 8:30am - 5:30pm
- Website: southwestfunding.com
Supreme Lending is a mortgage originator, which leads to lower interest rates and closing costs and faster turnaround times for customers. Its team can find and secure the best mortgage solutions using advanced technologies. Supreme Lending has won multiple industry awards and is considered one of the Top 100 Mortgage Companies since 2011.
- Address: 14801 Quorum Drive, Ste. 300, Dallas, TX 75254; Multiple locations
- Phone: (877) 350-5225
- Hours: M - F: 8:30am - 5:30pm
- Website: supremelending.com
First United Mortgage Group has more than 70 banking institutions in Texas and Oklahoma and over 100 years of experience. The company is backed by nearly $5.5 billion in assets. And with in-house underwriting, processing, closing and funding departments, the loan approval process is faster and easier. Customers can even start their mortgage process online.
- Address: 8750 N. Central Expressway, Ste. 930, Dallas, TX 75231
- Phone: (580) 634-6426
- Hours: M - F: 8am - 5pm
- Website: dallas.firstunitedteam.com
Wade Betz and his team have ample experience in Dallas and more than $400 million in their servicing portfolio. The business is a member of the Guardian Mortgage lending network and has more than 50 years of reliable business behind it. Winning with Wade offers support and personalized service to customers in the Dallas Fort-Worth area to help them find their best mortgage options.
- Address: 5910 N. Central Expressway, Ste. 725, Dallas, TX 75206
- Phone: (469) 906-2522
- Hours: M - F: 8am - 5pm
- Website: winningwithwade.com
The Hargrave Group guarantees on-time closings, long-term support post-closing and the highest level of customer service. Its team offers customers a comprehensive loan analysis and access to the lowest rates and smallest fees in the Dallas market. Hargrave Group is committed to providing customers a quick and transparent process.
- Address: 5838 Live Oak St., Dallas, TX 75214
- Phone: (469) 320-2414
- Hours: M - Sat: 8:30am - 7pm
- Website: thehargravegroup.com
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