The Best Mortgage Lenders in Lilburn, GA
Compare verified mortgage lenders serving Lilburn, Georgia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lilburn
Featured Mortgage Lenders
New American Funding - Lawrenceville
New American Funding
New American Funding is a highly-rated national mortgage lender with a strong local presence in the Atlanta metropolitan area, including dedicated service for Lilburn residents. They are particularly recognized for their diverse loan programs and excellent customer service, with numerous positive reviews highlighting their responsiveness and competitive rates. Their local Lawrenceville branch has built a strong reputation for helping Georgia homebuyers with various mortgage needs, including specialized programs for first-time buyers and competitive jumbo loan options.
Loan Types:
Fairway Independent Mortgage Corporation - Duluth
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage has established itself as one of the top mortgage lenders in the Atlanta area, with their Duluth location conveniently serving Lilburn homebuyers. They consistently receive exceptional ratings for their personalized service and efficient loan processing. The company is known for its wide range of loan products and competitive interest rates, with many customers praising their knowledgeable loan officers and smooth closing processes. Their long track record and numerous industry awards make them a trusted choice for Lilburn area mortgages.
Loan Types:
Platinum Home Mortgage
Platinum Home Mortgage Corporation
Platinum Home Mortgage is a well-established Georgia-based mortgage company with deep roots in the Gwinnett County area, including dedicated service to Lilburn clients. They have built an outstanding reputation for their local market expertise and commitment to customer satisfaction. The company specializes in providing personalized mortgage solutions with competitive rates and flexible terms. Their team of experienced loan officers is particularly praised for their attention to detail and ability to navigate complex loan scenarios, making them a top choice for both purchase and refinance transactions in the Lilburn market.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Lilburn, GA
What are the current average mortgage rates for homebuyers in Lilburn, GA?
Mortgage rates in Lilburn typically align with national averages but can vary based on local lender competition and property specifics. As of recent trends, conventional 30-year fixed rates in the Lilburn area generally range from 6.5% to 7.5%, though it's best to check with local lenders like credit unions and community banks for the most competitive offers. Your specific rate will depend on your credit score, loan amount, and down payment.
Are there any first-time homebuyer programs specifically available in Lilburn?
Yes, Lilburn homebuyers can access Georgia's statewide Dream Commitment program which offers down payment assistance and competitive interest rates. Additionally, Gwinnett County offers the HOME program providing down payment assistance to eligible buyers in Lilburn. These programs are particularly valuable given Lilburn's median home prices, helping make homeownership more accessible with lower initial costs.
How does Lilburn's property tax system affect my mortgage payments?
Lilburn homeowners pay Gwinnett County property taxes, which currently average approximately 1.1% of home value annually. This means a $400,000 home would have around $4,400 in yearly property taxes, which lenders typically include in your monthly escrow payment. Gwinnett County offers several exemptions including homestead exemptions that can significantly reduce your tax burden if you qualify.
What unique mortgage considerations should I know about buying in Lilburn's historic districts?
If you're considering properties in Lilburn's historic areas, you may need specialized financing options. Some historic homes might require renovation loans like the FHA 203(k) if updates are needed, and you'll want to ensure the property meets modern lending standards. Lenders may require additional inspections, and certain preservation restrictions could affect both the appraisal process and your loan options.
How competitive is Lilburn's housing market, and how should that influence my mortgage pre-approval?
Lilburn's housing market remains competitive with moderate inventory, making strong pre-approval essential. Work with a local lender who can provide a thorough pre-approval letter demonstrating your serious buyer status. Given the competition, consider getting pre-approved for slightly above your target price range to remain competitive when multiple offers occur, which is common in desirable Lilburn neighborhoods.
Why Choose a Mortgage Lender in Lilburn?
Local Market Knowledge
Lenders who understand Lilburn'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 Lilburn and get competitive rates on your home loan.