The Best Mortgage Lenders in Scottdale, GA
Compare verified mortgage lenders serving Scottdale, Georgia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Scottdale
Featured Mortgage Lenders
New American Funding
New American Funding
New American Funding is a top-rated mortgage lender with a strong presence in the Atlanta metropolitan area, including Scottdale. Known for its competitive rates and exceptional customer service, the company has built a reputation for helping diverse borrowers, including first-time homebuyers and those with unique financial situations. Their extensive loan options and personalized approach have earned them high marks for reliability and customer satisfaction, with many reviews highlighting their efficient processing and supportive staff.
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Movement Mortgage
Movement Mortgage
Movement Mortgage is a highly regarded lender serving Scottdale and the broader Atlanta region, praised for its fast closings and community-focused approach. With a foundation in transparency and customer care, they offer a wide range of loan products and have consistently high ratings for their responsive service and competitive terms. Their local loan officers are known for providing tailored solutions, making them a favorite among homebuyers for their reliability and strong track record in the mortgage industry.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a premier lender with deep roots in Georgia, offering exceptional service to Scottdale residents. Renowned for their competitive rates and extensive loan options, they have a long history of customer satisfaction and industry accolades. Their team of experienced professionals provides personalized guidance, ensuring a smooth mortgage process from application to closing. High review counts and consistent praise for their integrity and efficiency make them a trusted choice for home financing in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Scottdale, GA
What are the current average mortgage rates for homebuyers in Scottdale, GA?
Mortgage rates in Scottdale typically align with national averages but can vary based on local market conditions and lender competition. As of recent trends, 30-year fixed rates in the Atlanta metro area (including Scottdale) generally range from 6.5% to 7.25%, though rates change frequently. It's best to compare offers from multiple local lenders and credit unions to secure the most competitive rate for your specific financial situation.
Are there any special first-time homebuyer programs available specifically in Scottdale?
Yes, Scottdale homebuyers can access Georgia's statewide programs like the Georgia Dream Homeownership Program, which offers down payment assistance and competitive interest rates. Additionally, the Invest Atlanta program serves DeKalb County residents with affordable mortgage options and down payment assistance. These programs are particularly valuable in Scottdale's competitive market where saving for a down payment can be challenging.
How does Scottdale's proximity to Atlanta affect mortgage lending and home values?
Scottdale's location in metro Atlanta creates strong demand from commuters, which supports stable home values but also means higher property prices than more rural Georgia areas. Lenders typically view Scottdale properties as good investments due to this sustained demand, but you'll need to account for higher home insurance costs compared to suburban areas further from the city center when calculating your total housing payment.
What should I know about property taxes when getting a mortgage in Scottdale?
Scottdale falls under DeKalb County's property tax system, with current millage rates around 1.35% of assessed value. When applying for a mortgage, lenders will include these property taxes in your monthly escrow payment. It's important to note that DeKalb County offers several homestead exemptions that can significantly reduce your tax burden if you qualify, which your lender should help you factor into your affordability calculations.
Are there any local down payment assistance programs specifically for Scottdale homebuyers?
While Scottdale doesn't have city-specific programs, DeKalb County offers the HOME Program providing down payment assistance up to $20,000 for eligible buyers. The Atlanta Metro North SONYMA program also serves the area with competitive rates and low down payment options. Many Scottdale buyers successfully combine these with FHA loans (3.5% down) or conventional loans with PMI to enter the local housing market with minimal upfront costs.
Nearby Cities
Explore mortgage lenders in cities near Scottdale, GA
Why Choose a Mortgage Lender in Scottdale?
Local Market Knowledge
Lenders who understand Scottdale'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 Scottdale and get competitive rates on your home loan.