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Sellersburg, IN

The Best Mortgage Lenders in Sellersburg, IN

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

3
Top Lenders
4.7
Avg Rating
357+
Reviews
9
Loan Types

Available Loan Programs in Sellersburg

Conventional
FHA
VA
Jumbo
Refinance
ARM
USDA
First-time Homebuyer Programs
Reverse Mortgages

Featured Mortgage Lenders

1

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a highly reputable national mortgage lender with a strong local presence in the Louisville metropolitan area, directly serving Sellersburg, IN. Founded in 2000, it is celebrated for its competitive interest rates, streamlined digital application process, and exceptional customer service. With over 24 years of experience, the company consistently receives high marks for its reliability, fast loan closings, and wide range of loan options, making it a top choice for homebuyers in Southern Indiana.

Experience:24 years
Reviews:87 customer reviews
500 W Broadway St, Louisville, KY 40202

Loan Types:

ConventionalFHAVAJumboRefinanceARM
Visit Website
2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.8/5

Movement Mortgage is a well-regarded mortgage lender known for its community-focused approach and efficient service in the Louisville and Southern Indiana regions, including Sellersburg. Established in 2008, it boasts 16 years of expertise with a emphasis on personalized customer care and competitive loan products. The company has earned high ratings for its transparency, quick processing times, and dedication to supporting first-time and repeat homebuyers alike.

Experience:16 years
Reviews:150 customer reviews
12910 Shelbyville Rd, Louisville, KY 40243

Loan Types:

ConventionalFHAVAUSDAJumboFirst-time Homebuyer ProgramsRefinance
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3

New American Funding

New American Funding, LLC

★★★★☆
4.6/5

New American Funding is a trusted mortgage lender with a significant presence in the Louisville area, actively serving clients in Sellersburg, IN. Founded in 2003, it has over two decades of experience and is praised for its diverse loan offerings, including programs for underserved communities, and its commitment to customer satisfaction. The company maintains high ratings for its responsive service, competitive rates, and ability to handle complex loan scenarios with ease.

Experience:21 years
Reviews:120 customer reviews
101 Bullitt Ln, Louisville, KY 40222

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARMReverse Mortgages
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Frequently Asked Questions

Common questions about mortgage lending in Sellersburg, IN

What are the current mortgage rates like for homes in Sellersburg, IN?

Mortgage rates in Sellersburg typically align with national averages but can be slightly lower due to Indiana's competitive lending market. As of 2024, conventional 30-year fixed rates generally range from 6.5% to 7.25%, though local credit unions like River Valley Financial often offer competitive rates. It's wise to compare offers from both local and national lenders to secure the best rate for your Sellersburg home purchase.

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

Yes, Sellersburg homebuyers can access the Indiana Housing and Community Development Authority's (IHCDA) programs, including the Next Home and My Home programs which offer down payment assistance and favorable interest rates. Additionally, some local lenders may offer special first-time buyer incentives. These programs are particularly valuable given Sellersburg's growing popularity and affordable housing market compared to nearby Louisville.

How does Sellersburg's proximity to Louisville affect mortgage lending and home values?

Sellersburg's location in the Louisville metropolitan area often means higher appraisals and stronger property value retention, which benefits borrowers. Lenders may view Sellersburg properties as lower risk due to consistent demand from commuters. However, you should expect competitive bidding situations, particularly for homes under $300,000, which may require stronger loan pre-approvals.

What local property tax considerations should I know about when getting a mortgage in Sellersburg?

Clark County property taxes in Sellersburg average about 0.87% of assessed value, which is relatively moderate for Indiana. Your lender will factor these taxes into your debt-to-income ratio calculations. Many Sellersburg homeowners benefit from Indiana's property tax caps, and first-time buyers may qualify for additional homestead deductions that can lower their monthly mortgage payments.

Are USDA loans available for homes in Sellersburg, given its semi-rural location?

Yes, most of Sellersburg qualifies for USDA rural development loans, which offer 100% financing with no down payment. This can be particularly advantageous for buyers looking at properties on the outskirts of town or in developing subdivisions. Given Sellersburg's growth pattern, it's important to verify specific property eligibility with lenders who are experienced with USDA loans in Southern Indiana.

Mortgage Insights

Finding Your Best Mortgage Lender in Sellersburg, Indiana

Searching for the "best mortgage lenders near me" is more than just comparing online rates. For homebuyers in Sellersburg, it's about finding a financial partner who understands our unique Southern Indiana market and can guide you through a process that feels personal, not transactional. With our community's blend of established neighborhoods, new developments, and easy access to both Louisville and the charm of small-town living, your mortgage choice should reflect your specific goals here.

Start your search locally. Sellersburg and greater Clark County are home to several community banks and credit unions with deep roots in the area. These institutions, like Your Community Bank of Southern Indiana or a local credit union branch, often have a keen understanding of property values in specific Sellersburg subdivisions, from Ashwood to Silver Creek. Their loan officers live and work here, which can translate to more personalized service and potentially more flexibility in underwriting. They see you as a neighbor, not just a credit score.

However, don't overlook regional and national lenders. Many have dedicated loan officers who specialize in the Indiana and Kentucky border region and can offer competitive products. The key is to ask any lender, local or national, one crucial question: "How familiar are you with the Sellersburg and Clark County market?" Their answer will tell you a lot. They should be able to discuss local appraisal trends, common title issues in older parts of town, and how the growth along I-65 impacts property values.

As an Indiana homebuyer, you have access to specific programs that a top-notch local lender will help you navigate. The Indiana Housing and Community Development Authority (IHCDA) offers programs like the Next Home mortgage, which provides below-market interest rates and down payment assistance for eligible buyers. This can be a game-changer for first-time buyers looking at Sellersburg's attractive entry-level homes. A lender experienced with IHCDA's requirements is invaluable, as they can efficiently manage the process.

Your actionable plan? First, get pre-approved by at least two different types of lenders—perhaps one local bank and one recommended mortgage broker. This gives you a true comparison of rates, fees, and service. Second, read reviews specifically from Southern Indiana homebuyers to gauge responsiveness and reliability. Finally, choose a lender who communicates clearly and proactively. In a competitive market, the speed and certainty of your financing are as important as the rate. The best mortgage lender for you in Sellersburg won't just fund a loan; they'll provide the local insight and smooth process that lets you confidently call one of our great neighborhoods "home."

Nearby Cities

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Why Choose a Mortgage Lender in Sellersburg?

Local Market Knowledge

Lenders who understand Sellersburg'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 Indiana.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Sellersburg and get competitive rates on your home loan.