The Best Mortgage Lenders in Lilly, GA
Compare verified mortgage lenders serving Lilly, Georgia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lilly
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation - Valdosta
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is one of the highest-rated mortgage lenders serving South Georgia, with exceptional customer satisfaction ratings and extensive experience helping homebuyers throughout the region. Their Valdosta office specifically serves clients in Lilly and surrounding communities with personalized service and competitive rates. They specialize in first-time homebuyer programs, VA loans for military families, and offer a wide range of conventional and government-backed loan options with local underwriting expertise.
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Ameris Bank Mortgage
Ameris Bank
Ameris Bank has a strong regional presence throughout South Georgia with multiple branches serving the Lilly area. As a full-service community bank with mortgage lending expertise, they offer competitive rates and personalized service for both purchase and refinance transactions. Their mortgage team has extensive knowledge of the local real estate market and provides comprehensive lending solutions including construction loans and specialized programs for rural properties common in the Lilly region.
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Heritage Community Credit Union
Heritage Community Credit Union
Heritage Community Credit Union has been serving South Georgia residents for decades with exceptional mortgage lending services and member-focused approach. They consistently receive high marks for customer service and offer competitive rates to members in the Lilly area. Specializing in first-time homebuyer programs and offering flexible qualification standards, they provide personalized guidance through the entire mortgage process with local decision-making and community-focused service that larger national lenders cannot match.
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Frequently Asked Questions
Common questions about mortgage lending in Lilly, GA
What are the current average mortgage rates for homebuyers in Lilly, GA?
Mortgage rates in Lilly typically align with national averages but can be slightly lower due to Georgia's competitive lending market. As of late 2023, 30-year fixed rates in the area generally range from 6.5% to 7.25%, though individual rates depend on credit score, loan type, and down payment amount. Local lenders often offer competitive rates specifically for rural properties common in the Lilly area.
Are there any special mortgage programs available for first-time homebuyers in Lilly?
Yes, Lilly homebuyers can access Georgia's Dream Homeownership Program, which offers down payment assistance and affordable fixed-rate mortgages. Additionally, USDA loans are particularly relevant for Lilly since much of the surrounding area qualifies for USDA rural development loans requiring no down payment. Local lenders are well-versed in these programs and can help determine eligibility.
How does Lilly's rural location affect mortgage lending options?
Lilly's rural character expands mortgage options through USDA loans, which are widely available in this area and offer 100% financing. However, some national lenders may have limited presence here, so working with regional banks or credit unions familiar with local property types is advantageous. Appraisal processes may also differ slightly due to fewer comparable sales in rural areas.
What should I know about property taxes and insurance when getting a mortgage in Lilly?
Lilly homeowners benefit from relatively low property taxes compared to urban areas in Georgia, with Dodge County rates around 0.95% of assessed value. Insurance costs may be slightly higher than average due to the rural location and increased wildfire risk in some areas. Your lender will help escrow these payments, but it's important to budget for both when calculating monthly mortgage payments.
Are there any local down payment assistance programs specific to Lilly homebuyers?
While Lilly itself doesn't have city-specific programs, homebuyers can access the Georgia Department of Community Affairs' down payment assistance programs, which provide up to $7,500 in help statewide. Additionally, some regional lenders serving Middle Georgia offer special programs for teachers, healthcare workers, and other essential employees working in the area. These can be combined with other first-time buyer programs for maximum benefit.
Why Choose a Mortgage Lender in Lilly?
Local Market Knowledge
Lenders who understand Lilly'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 Lilly and get competitive rates on your home loan.