Mortgage Loans
Welcome home
To a mortgage team that is dedicated to best-in-class service and committed to making your dream home a reality. With decades of experience and deep market knowledge, our local teams offer the expertise and responsiveness to put your mind at ease, along with competitive pricing backed by the long-term stability of Susser Bank.
Mortgage Loans
Welcome home
to a mortgage team that is dedicated to best-in-class service and committed to making your dream home a reality. With decades of experience and deep market knowledge, our local teams offer the expertise and responsiveness to put your mind at ease, along with competitive pricing backed by the long-term stability of Susser Bank.
Loan Products
Conforming Loans
A conforming loan is not insured or guaranteed by the federal government and is under the loan amount limits set by the Federal Housing Finance Agency (FHFA).
FHA Loans
FHA loans are designed to help first time homebuyers and those with lower credit scores purchase a home. If you are looking to buy a home without a big down payment, an FHA loan may be the answer. FHA loans are insured by the government, and come in several types, including fixed-rate and adjustable-rate mortgages.
VA Loans
VA loans are exclusively designed for veterans, service members, or surviving spouses. This type of mortgage provides various benefits compared to traditional loans, including lower interest rates and no down payment requirements. As a veteran, you deserve to take advantage of these benefits and secure your future with a VA loan. VA loans are government loans guaranteed by the Department of Veterans Affairs (VA) for qualified veterans of U.S. military forces.
USDA Loans
United States Department of Agriculture (USDA) loans are designed to help first-time home buyers in lower-income areas. These loans are available to home buyers who have low-to-average income compared to their area. They are also designated for areas deemed “rural” by the government. Advantages may include: no down payment, better rates, and reduced mortgage insurance. This program assists lenders in providing 100% financing to homes in eligible rural areas.
Jumbo Loans
Jumbo loans are used when the loan amount required to buy the home exceeds standard loan limits in your area. This type of mortgage offers fixed and adjustable rates on loan amounts as high as $3 million. Jumbo loans utilize the same process to qualify as standard conforming loans. Often referred to as Non-Conforming Loans, they’re for mortgage loans over the loan amount limits set by FHFA.
Bank Statement Loans
A bank statement loan allows you to qualify for a mortgage using bank statements rather than tax returns. With a bank statement loan, you won’t need to provide your lender with some of the typical financial documents needed for a mortgage, such as W-2s and tax returns. It’s most often used by self-employed borrowers. This can be helpful if your income is inconsistent, or your employer doesn’t issue traditional paychecks.
Reverse Mortgages
Unlike forward mortgages, reverse mortgages are loans where the lender pays you. Reverse mortgages use the equity in your home and convert it to cash income, typically tax-free. This money doesn’t have to be paid back if you live in the home. When you sell your home or move out, the loan must be repaid.
Debt Service Coverage Ratio (DSCR) Loans
A DSCR Loan is a non-QM loan used for investment properties that uses the property’s cash flow to qualify the borrower.
Professional Loan Program
A Professional Loan Program is designed for eligible professionals (Doctors, Veterinarians and Attorneys) and allows deferred student debt to be excluded from qualifying ratios as well as fully executed employment contracts starting within 90 days of closing. Financing up to 100% is available.
What Our Mortgage Clients Say
Renee Gillette
As a real estate broker, I understand the importance of a smooth and efficient mortgage process for my clients, and the Susser Bank mortgage team exceeded all expectations. They guided my clients through every step of the mortgage application with clarity and patience, ensuring they understood all aspects of the process. What truly impressed me was the team’s commitment to finding the best mortgage solution for my clients’ unique needs. This dedication to securing the most favorable terms showcased their deep understanding of the mortgage industry and their unwavering commitment to client satisfaction.
Sarah Witherspoon
We had a rather complicated aspect to our loan approval that had proven to be a roadblock when trying to use other lenders in the past, but Susser made it easy with a clear, concise list of exactly what they needed and what documents could be used to fulfill the requirement. We felt dread at first when we got to this part but were so pleasantly surprised with how easy it was to get past the process. All we needed was someone to communicate with us clearly and we were not able to find that anywhere but here! The process was seamless and all of my questions were answered thoroughly and completely. We were kept “in the loop” about our loan progress every step of the way with weekly update emails as well as direct contact with our loan officers, who were extremely responsive to any and all communications.
Jessica Rychlik
The Susser Bank mortgage team was incredible. I am a real estate broker accustomed to walking clients through this process, but haven’t walked it personally in some time. I was very impressed with how easy this team is to work with! I will definitely continue referring them to our clients.
Kim Phillips
My husband and I live in Pennsylvania, but when we found out our only daughter was expecting her first child, we began looking for a property in Texas, knowing that’s where we would want to retire to be closer to them. The Susser Bank mortgage team hit the ground running for us and made the process smooth and painless. We settled a little over a month later. Susser kept us informed each step of the way and always promptly answered any calls or messages that we sent. We are so grateful for the help and guidance.
