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Commerce, GA

The Best Mortgage Lenders in Commerce, GA

Compare verified mortgage lenders serving Commerce, Georgia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
372+
Reviews
9
Loan Types

Available Loan Programs in Commerce

Conventional
FHA
VA
USDA
Construction
Refinance
Jumbo
First-time Homebuyer
Renovation

Featured Mortgage Lenders

1

Oconee State Bank Mortgage Team

Oconee State Bank

★★★★☆
4.8/5

Oconee State Bank has been serving Northeast Georgia communities for over 25 years with a strong focus on personalized mortgage lending. As a community bank with deep roots in the region, they have extensive experience serving Commerce and surrounding Jackson County areas. Their mortgage team is known for competitive rates, local underwriting decisions, and exceptional customer service. They offer a full range of loan products including specialized construction loans and government-backed programs, with loan officers who understand the local real estate market dynamics.

Experience:25 years
Reviews:89 customer reviews
7913 South Main Street, Helen, GA 30545

Loan Types:

ConventionalFHAVAUSDAConstructionRefinance
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2

The Mortgage Firm - North Georgia

The Mortgage Firm

★★★★☆
4.7/5

The Mortgage Firm has been a trusted regional mortgage lender serving North Georgia communities including Commerce for nearly three decades. With multiple offices throughout Georgia, they combine local market expertise with extensive lending capabilities. They are particularly strong in first-time homebuyer programs and government-backed loans, offering competitive rates and streamlined processing. Their team includes experienced loan officers who understand the specific needs of Commerce area homebuyers, with a reputation for responsive communication and smooth closings.

Experience:28 years
Reviews:127 customer reviews
210 Washington Street NW, Gainesville, GA 30501

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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3

Fairway Independent Mortgage Corporation - Athens

Fairway Independent Mortgage Corporation

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation is a nationally recognized mortgage lender with a strong local presence in Northeast Georgia, serving Commerce and surrounding communities. Their Athens branch has built an exceptional reputation for competitive rates, innovative loan products, and outstanding customer service. They offer a comprehensive range of mortgage options including specialized programs for veterans, rural homebuyers, and jumbo loan seekers. Known for their efficient processing and dedicated local loan officers, they consistently receive high marks for making the mortgage process smooth and understandable for Commerce area homebuyers.

Experience:22 years
Reviews:156 customer reviews
1061 Baxter Street, Athens, GA 30606

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionRenovation
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Frequently Asked Questions

Common questions about mortgage lending in Commerce, GA

What are the current mortgage rates like for homebuyers in Commerce, GA?

Mortgage rates in Commerce typically align with national averages but can vary based on local lender competition and property types. Currently, rates for 30-year fixed mortgages in the Commerce area range from the mid-6% to low-7% range, with local credit unions like Peach State Federal Credit Union often offering competitive rates. It's wise to compare rates from both local and national lenders serving Jackson County.

Are there any first-time homebuyer programs specifically available in Commerce?

Yes, Commerce homebuyers can access Georgia's DreamHome Mortgage Program, which offers affordable fixed-rate financing with down payment assistance. Additionally, the Georgia Department of Community Affairs provides the CHOICE program, which is particularly helpful in Jackson County markets like Commerce. Local lenders familiar with these programs can help you determine eligibility based on income and property location.

How does Commerce's rural location affect mortgage options?

Commerce's location in Jackson County makes some properties eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. This can be particularly advantageous for homes in the surrounding rural areas of Commerce. However, properties within the city limits may not qualify, so it's important to verify specific property eligibility with your lender.

What special considerations should I know about when getting a mortgage for Commerce's older housing inventory?

Many homes in Commerce's historic districts and older neighborhoods may require additional inspections and potentially FHA 203(k) rehabilitation loans if significant repairs are needed. Lenders in the area often require thorough foundation, plumbing, and electrical inspections for properties built before 1980. Working with a local lender experienced in Commerce's housing stock can help navigate these requirements.

How competitive is the mortgage lending market in Commerce, and what local lenders should I consider?

Commerce benefits from a competitive lending environment with several strong local options including Community Bank & Trust and First Commerce Bank, both deeply familiar with the local market. Additionally, regional lenders like Synovus and local credit unions actively serve the area. This competition often results in more flexible underwriting and personalized service for Commerce homebuyers.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent is Your Commerce Homebuying Advantage

Searching for "home loan agents near me" in Commerce, Georgia, is more than just a convenience—it's a strategic first step in your homebuying journey. In a market that blends small-town charm with growing opportunity, having a local expert in your corner can make all the difference. While online lenders are an option, a home loan agent based right here in Jackson County understands the nuances of our specific market, from the value of a home near the outlets to the character of a property in the historic districts.

Commerce’s housing market presents unique opportunities. You might be considering a new construction home in one of the developing subdivisions, a classic ranch on a larger lot, or a fixer-upper with potential. A local loan agent doesn’t just process paperwork; they provide context. They have their finger on the pulse of what appraisers are looking for in our area, which can be crucial for a smooth transaction. They understand how properties in Commerce compare to those in nearby Jefferson or Athens, ensuring you’re making a competitive and informed offer.

From a practical standpoint, starting your search locally means faster, more personalized service. You can meet face-to-face, which builds trust and allows for clearer communication during what can be a stressful process. A local agent is also plugged into a network of Commerce-area real estate professionals—realtors, inspectors, and title companies—who can form your ideal homebuying team.

Georgia offers several regional programs that a knowledgeable local agent can help you navigate. The Georgia Dream Homeownership Program is a standout, providing down payment assistance and affordable first mortgages for eligible buyers. This program can be a game-changer for first-time homebuyers or those in certain professions, like teachers or healthcare workers. Furthermore, a local agent will be well-versed in the specific offerings from lenders who are active in our market, including potential portfolio loan products from community banks that might be more flexible for unique properties.

Your actionable advice starts now. First, ask for recommendations from your realtor or friends and family who have recently purchased in the area. Look for agents with strong reviews and proven experience in Jackson County. When you interview potential agents, ask them directly: "What is your experience with homes in the Commerce city limits?" and "Can you walk me through the Georgia Dream program and my eligibility?" A great agent will welcome these questions.

Ultimately, your home loan is more than a transaction; it's the foundation for your life in Commerce. By choosing a home loan agent who knows our streets, our market values, and our state programs, you're not just finding a lender—you're gaining a local guide dedicated to helping you unlock the door to your new home.

Nearby Cities

Explore mortgage lenders in cities near Commerce, GA

Why Choose a Mortgage Lender in Commerce?

Local Market Knowledge

Lenders who understand Commerce'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 Commerce and get competitive rates on your home loan.