The Best Mortgage Lenders in Martin, GA
Compare verified mortgage lenders serving Martin, Georgia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Martin
Featured Mortgage Lenders
Community Bank & Trust - Martin Office
Community Bank & Trust
Community Bank & Trust has been serving Northeast Georgia communities since 1999 and maintains a physical branch in Martin, making them the most locally accessible option. They offer personalized mortgage services with deep knowledge of the local real estate market in Franklin County and surrounding areas. As a community-focused institution, they provide competitive rates and flexible loan terms tailored to rural and suburban properties common in the Martin area. Their long-standing presence and high customer satisfaction ratings make them a top choice for local home financing.
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Southeast Mortgage
Southeast Mortgage
Southeast Mortgage has been serving Northeast Georgia since 1996 and is highly rated for their expertise in serving the Martin area and surrounding Stephens County region. They specialize in both purchase and refinance loans with particularly strong programs for first-time homebuyers and veterans. Their local loan officers have extensive knowledge of the Martin real estate market and provide personalized service throughout the mortgage process. With nearly three decades of experience, they've built a reputation for competitive rates and smooth closing processes.
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Movement Mortgage - Northeast Georgia
Movement Mortgage
Movement Mortgage has established a strong presence throughout Northeast Georgia, including serving the Martin area with dedicated local loan officers. While headquartered in Bogart, they actively serve clients throughout the region with a focus on efficient processing and competitive rates. They're particularly noted for their streamlined digital mortgage experience combined with local expertise. Movement has received numerous industry awards for customer satisfaction and maintains an A+ rating with the Better Business Bureau, making them a reliable choice for Martin area homebuyers seeking a blend of modern technology and personalized service.
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Frequently Asked Questions
Common questions about mortgage lending in Martin, GA
What are the current average mortgage rates for homebuyers in Martin, GA?
Mortgage rates in Martin typically align with national averages but can be slightly lower due to the rural nature of the area and lower cost of living. As of late 2023, 30-year fixed rates in Martin generally range between 6.5-7%, though individual rates depend on credit score, loan type, and down payment. Local lenders like Community Bank & Trust or First Citizens Bank often offer competitive rates specifically for Martin residents.
Are there any first-time homebuyer programs specifically available in Martin, GA?
Yes, Martin 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 beneficial in Martin's market where median home prices are below state averages. Local lenders can also guide you toward USDA rural development loans, which Martin qualifies for due to its population size.
How does Martin's rural location affect my mortgage options?
Martin's designation as a rural community opens up USDA loans, which offer 100% financing with no down payment requirement - a significant advantage for qualified buyers. Many properties in and around Martin also qualify for these government-backed loans, making homeownership more accessible. Local lenders are well-versed in rural lending programs that urban areas don't typically offer.
What special considerations should I know about when getting a mortgage for a Martin property?
Many homes in Martin are older properties, so lenders may require more thorough inspections and potentially repairs before approving loans. Well and septic systems are common in the area, requiring additional inspections that can affect loan approval. It's also important to work with appraisers familiar with Martin's unique property values, as comparisons can be challenging in this smaller market.
Are property taxes in Martin, GA typically factored into mortgage escrow accounts?
Yes, most lenders in Martin include property taxes in escrow accounts since Stephens County property taxes are relatively moderate compared to metro areas. The current millage rate in Martin is approximately 30.238 mills, which translates to about $1,200 annually on a $150,000 home. Your lender will calculate these payments into your monthly mortgage payment to ensure they're paid when due.
Why Choose a Mortgage Lender in Martin?
Local Market Knowledge
Lenders who understand Martin'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 Martin and get competitive rates on your home loan.