The Best Mortgage Lenders in Augusta, GA
Compare verified mortgage lenders serving Augusta, Georgia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Augusta
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a top-rated national lender renowned for its rapid loan processing, competitive interest rates, and exceptional customer service. With a strong presence in Georgia, including Augusta, they specialize in a wide range of loan products and have consistently high customer satisfaction ratings due to their streamlined digital application process and dedicated support team.
Loan Types:
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a highly reputable lender known for its personalized approach and extensive loan options. With decades of experience and a robust network including Augusta, they excel in providing tailored mortgage solutions, earning top marks for customer care, transparency, and competitive rates, making them a trusted choice for homebuyers in the region.
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SRP Federal Credit Union
SRP Federal Credit Union
SRP Federal Credit Union is a well-established local institution with a strong presence in the Augusta metropolitan area. Highly rated for its member-focused service, competitive mortgage rates, and community involvement, they offer a variety of loan products and personalized guidance, making them a reliable option for residents seeking a credit union advantage with decades of trust and expertise.
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Frequently Asked Questions
Common questions about mortgage lending in Augusta, GA
What are the current average mortgage rates in Augusta, GA, and how do they compare to national averages?
Augusta's mortgage rates typically align closely with national averages, but local lenders may offer competitive rates due to the stable housing market. As of recent data, rates in Augusta are often slightly below the national average for conventional 30-year fixed loans, making it an attractive time for local buyers. It's best to check with multiple Augusta-based lenders for the most current rate quotes.
Are there any first-time homebuyer programs specific to Augusta that can help with down payment assistance?
Yes, Augusta homebuyers can access the Georgia Dream Homeownership Program, which offers down payment assistance and competitive interest rates for eligible first-time buyers. Additionally, the City of Augusta occasionally partners with local organizations to provide grants or low-interest loans for qualified residents. These programs are particularly valuable given Augusta's affordable housing market compared to larger Georgia cities.
How does being near Fort Gordon (now Fort Eisenhower) affect mortgage lending in Augusta?
The military presence significantly impacts Augusta's mortgage landscape, with many lenders offering specialized VA loans and understanding military relocation patterns. Lenders in Augusta are typically well-versed in VA loan requirements and may offer more flexible terms for service members. The steady military population also contributes to housing market stability, which lenders consider when underwriting loans in the area.
What unique closing costs should I expect when getting a mortgage in Augusta?
Augusta homebuyers should anticipate standard Georgia closing costs plus local specifics like Augusta-Richmond County property transfer taxes and recording fees. Some neighborhoods may have additional community development district fees or homeowners association charges that lenders will factor into your loan qualification. It's wise to ask your lender for a detailed breakdown of Augusta-specific closing costs early in the process.
How does Augusta's growing medical and cybersecurity industry affect mortgage availability?
Augusta's expanding healthcare and cybersecurity sectors have led lenders to view the local employment market favorably, potentially making loan qualification easier for professionals in these fields. Many lenders offer physician loans or professional loans with more flexible debt-to-income ratios for medical and tech workers. The stable job growth in these sectors also contributes to overall housing market strength, which lenders consider when evaluating applications.
Nearby Cities
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Why Choose a Mortgage Lender in Augusta?
Local Market Knowledge
Lenders who understand Augusta'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 Georgia.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Augusta and get competitive rates on your home loan.