The Best Mortgage Lenders in Harriet, AR
Compare verified mortgage lenders serving Harriet, Arkansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harriet
Featured Mortgage Lenders
Centennial Bank
Centennial Bank
Centennial Bank is a highly-rated regional bank deeply rooted in Arkansas, with a strong presence in Searcy County and surrounding areas like Harriet. Known for its personalized service and competitive mortgage rates, the bank has built a reputation for reliability and community focus over 25 years. Customers praise its responsive loan officers, smooth closing processes, and expertise in rural and USDA loans, making it a top choice for homebuyers in smaller communities. With an A+ BBB rating and numerous positive reviews highlighting transparency and local knowledge, Centennial Bank offers a trusted, full-service mortgage experience tailored to Arkansas residents.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a nationally recognized lender with a strong local presence in Arkansas, serving Harriet and rural areas with exceptional customer service and competitive rates. With nearly three decades of experience, Fairway is praised for its efficient processing, knowledgeable loan officers, and wide range of loan options, including specialized programs for first-time buyers. The company holds an A+ BBB rating and consistently high reviews for its dedication to client satisfaction, rapid response times, and expertise in navigating complex mortgage scenarios. Its commitment to community engagement and reliable support makes it a top contender for borrowers seeking a seamless home financing experience.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-rated lender known for its innovative technology and customer-centric approach, with a dedicated team serving Arkansas communities including Harriet. Founded in 2008, the company has gained a reputation for fast closings, transparent communication, and competitive rates, particularly in rural and underserved areas. With an A+ BBB rating and strong customer feedback highlighting professionalism and ease of use, Movement specializes in FHA, VA, and USDA loans, making it ideal for first-time and veteran homebuyers. Their local loan officers provide personalized guidance, ensuring a smooth mortgage process from application to closing, backed by a commitment to community support and ethical lending practices.
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Frequently Asked Questions
Common questions about mortgage lending in Harriet, AR
What are the current average mortgage rates for homebuyers in Harriet, AR?
Mortgage rates in Harriet typically align with national averages but can be slightly lower due to the rural nature of Searcy County. As of 2024, you can expect conventional 30-year fixed rates around 6.5-7%, though rates vary by lender and credit profile. Local lenders familiar with Harriet's market often offer competitive rates for qualified buyers.
Are there any first-time homebuyer programs specifically available in Harriet?
Yes, the Arkansas Development Finance Authority (ADFA) offers first-time homebuyer programs that are accessible in Harriet, including down payment assistance and competitive rate mortgages. Additionally, some local lenders may offer special programs for teachers, healthcare workers, or other essential service employees serving the Harriet community.
How does Harriet's rural location affect the mortgage approval process?
Harriet's rural classification can work to your advantage through USDA loans, which offer 100% financing with no down payment required for eligible properties and borrowers. However, some lenders may require additional property inspections due to the area's older housing stock and limited access to certain services, which could slightly extend the closing timeline.
What types of properties are most common for mortgage financing in Harriet?
Most mortgage financing in Harriet involves single-family homes, many of which are older properties (often 30+ years old) on larger lots. Manufactured homes are also common but require special financing considerations. Lenders in the area are familiar with appraising rural properties with well and septic systems rather than municipal utilities.
Are there any local down payment assistance programs for Harriet homebuyers?
While Harriet itself doesn't offer city-specific programs, Searcy County occasionally has housing initiatives, and the ADFA's down payment assistance program is widely used. Some local employers, particularly in education and healthcare, may offer housing assistance programs for employees looking to live and work in the Harriet area.
Why Choose a Mortgage Lender in Harriet?
Local Market Knowledge
Lenders who understand Harriet'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 Arkansas.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Harriet and get competitive rates on your home loan.