The Best Mortgage Lenders in Harvey, AR
Compare verified mortgage lenders serving Harvey, Arkansas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harvey
Featured Mortgage Lenders
Centennial Bank
Centennial Bank
Centennial Bank is a highly-rated regional lender with deep roots in Arkansas, known for its strong community presence and personalized service. Founded in 1999, it has built a reputation for competitive rates, local expertise, and a wide range of loan products tailored to homebuyers in Harvey and surrounding areas. Customers praise its responsive team and efficient processing, making it a top choice for mortgages in central Arkansas.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a nationally recognized mortgage lender with a strong local presence in Arkansas, offering innovative digital tools and competitive rates. Founded in 2000, it excels in providing a seamless online experience combined with personalized support. Highly rated for its transparency and customer service, it serves Harvey residents with a variety of loan options and quick approval times, making home financing accessible and efficient.
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New American Funding
New American Funding
New American Funding is a top-rated mortgage lender known for its commitment to diversity and community-focused approach. Founded in 2003, it offers a comprehensive suite of loan products and is praised for its flexible underwriting and excellent customer support. With a strong presence in Arkansas, it serves the Harvey area with competitive rates and programs designed for various financial backgrounds, ensuring high satisfaction among homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Harvey, AR
What are current mortgage rates like for homes in Harvey, AR?
Mortgage rates in Harvey typically align with national averages but can be slightly higher due to the rural nature of Bradley County. As of late 2024, rates for 30-year fixed mortgages in the area generally range from 6.5% to 7.25%, depending on credit score and loan type. Local lenders familiar with the Harvey market may offer competitive rates that differ from online lenders.
Are there any first-time homebuyer programs specific to Harvey, AR?
Yes, the Arkansas Development Finance Authority (ADFA) offers several first-time homebuyer programs available to Harvey residents, including down payment assistance and competitive interest rate loans. Additionally, the USDA Rural Development loan program is particularly relevant for Harvey homebuyers since Bradley County qualifies for 100% financing with no down payment required in most areas.
How does Harvey's rural location affect the mortgage process?
Harvey's rural setting means USDA loans are widely available and often the best option for qualified buyers, offering 100% financing. However, appraisals may take longer as appraisers often need to travel from larger cities like El Dorado or Camden. Some conventional lenders may have stricter requirements due to the limited comparable home sales in the area.
What types of properties are most common in Harvey's mortgage market?
The Harvey mortgage market primarily consists of single-family homes on larger lots, manufactured homes, and rural properties with acreage. USDA and FHA loans are popular choices here, though manufactured homes require specific financing considerations. Many properties in the area include outbuildings or land that may require specialized appraisal approaches.
Are there any local property tax considerations I should know about when getting a mortgage in Harvey?
Bradley County has relatively low property tax rates compared to national averages, which can make monthly mortgage payments more affordable. However, it's important to note that property assessments in rural Harvey may not be as frequent, so working with a local lender who understands county assessment practices is beneficial. Tax rates typically range from 0.5% to 0.7% of assessed value in the area.
Why Choose a Mortgage Lender in Harvey?
Local Market Knowledge
Lenders who understand Harvey'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 Harvey and get competitive rates on your home loan.