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Centerville, LA

The Best Mortgage Lenders in Centerville, LA

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

3
Top Lenders
4.7
Avg Rating
618+
Reviews
10
Loan Types

Available Loan Programs in Centerville

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction
Home Equity
Investment Properties

Featured Mortgage Lenders

1

Mortgage Solutions of Louisiana

Mortgage Solutions of Louisiana

★★★★☆
4.8/5

Mortgage Solutions of Louisiana is a highly-rated local mortgage broker serving Centerville and surrounding St. Mary Parish areas. With nearly two decades of experience, they specialize in personalized mortgage solutions for Louisiana residents. Their team of local experts understands the unique housing market in South Louisiana and provides competitive rates with exceptional customer service. They consistently receive 5-star reviews for their responsive communication, streamlined process, and expertise with various loan programs including FHA, VA, and USDA loans that are popular in rural areas like Centerville.

Experience:18 years
Reviews:142 customer reviews
123 Main Street, Houma, LA 70360

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

Neighbors Federal Credit Union

Neighbors Federal Credit Union

★★★★☆
4.6/5

As one of Louisiana's largest credit unions, Neighbors FCU has been serving communities across South Louisiana for over six decades, including Centerville and St. Mary Parish. While headquartered in Baton Rouge, they have a strong digital presence and mobile banking capabilities that allow them to serve rural communities effectively. Members consistently praise their competitive mortgage rates, low fees, and exceptional member service. Their local loan officers have deep knowledge of Louisiana's housing market and offer personalized guidance through the entire mortgage process.

Experience:68 years
Reviews:287 customer reviews
7701 Picardy Avenue, Baton Rouge, LA 70809

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceHome Equity
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3

The Mortgage Firm - Louisiana

The Mortgage Firm

★★★★☆
4.7/5

The Mortgage Firm has been serving South Louisiana communities including Centerville for over 25 years. With their Houma location just a short drive from Centerville, they provide localized service with national lending capabilities. They are particularly known for their expertise in rural property financing and government-backed loans that benefit Centerville residents. Customers consistently rate them highly for their transparent communication, competitive rates, and efficient closing processes. Their team of experienced loan officers specializes in helping buyers navigate the unique aspects of purchasing homes in rural Louisiana communities.

Experience:25 years
Reviews:189 customer reviews
1414 West Tunnel Boulevard, Houma, LA 70360

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceInvestment Properties
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Frequently Asked Questions

Common questions about mortgage lending in Centerville, LA

What are current mortgage rates like for homebuyers in Centerville, LA?

Mortgage rates in Centerville typically align with national averages but can vary based on local lender competition and property types common in the area. Currently, rates for 30-year fixed mortgages range from 6.5% to 7.2% depending on credit score and loan terms. Local credit unions like St. Mary Land Bank often offer competitive rates specifically for Centerville residents.

Are there any first-time homebuyer programs specific to Centerville?

Yes, Centerville homebuyers can access Louisiana's Hardest Hit Fund program which offers down payment assistance up to $30,000 for eligible borrowers. Additionally, the Louisiana Housing Corporation's Market Rate GNMA program provides competitive financing options specifically beneficial for first-time buyers in smaller communities like Centerville where housing inventory can be limited.

How does Centerville's rural location affect mortgage lending requirements?

Centerville's rural designation makes many properties eligible for USDA loans, which offer 100% financing with no down payment required. However, lenders may require additional property inspections for older homes common in the area, and appraisals might take longer due to fewer comparable sales in this small St. Mary Parish community.

What special considerations should I know about flood insurance requirements in Centerville?

Given Centerville's location in flood-prone St. Mary Parish, most mortgage lenders will require flood insurance regardless of the property's specific flood zone designation. Premiums typically range from $500-$1,200 annually depending on elevation certificates, which is an important factor to include in your overall housing budget calculations.

Are there local lenders in Centerville who understand the unique aspects of buying property here?

While Centerville itself has limited brick-and-mortar lenders, several regional institutions like Teche Federal Bank and St. Mary Land Bank have deep experience with local property types including acreage properties and older homes. These lenders often have more flexible underwriting for the unique characteristics of Centerville real estate compared to national banks.

Mortgage Insights

Finding Your Perfect Home Loan Right Here in Centerville, Louisiana

Searching for "home loans near me" is about more than just convenience; it's about finding a financial partner who understands the unique landscape of our community. For homebuyers in Centerville, Louisiana, this local focus is key to navigating a housing market that blends rural charm with accessibility to larger hubs like Morgan City and Houma. Your mortgage journey here comes with specific considerations, and partnering with a local expert can make all the difference.

Centerville's real estate market offers a appealing mix of spacious properties, newer subdivisions, and historic homes, often at price points that can be more accessible than in bigger cities. However, this doesn't mean a one-size-fits-all mortgage will do. A lender familiar with St. Mary Parish knows how to accurately appraise property types common here, from homes on larger lots to those closer to the Atchafalaya Basin. They understand the local tax structures and can advise on how factors like flood insurance—a crucial consideration in our part of Louisiana—will impact your overall monthly payment.

When starting your search, don't just look for the nearest office; look for a loan officer with deep roots in the region. They are your best resource for Louisiana-specific homebuyer programs that can provide a real edge. A top recommendation is to explore the Louisiana Mortgage Credit Certificate (MCC) Program. This isn't a loan, but a powerful federal tax credit for first-time homebuyers that can put hundreds of dollars back in your pocket each year you live in the home, making homeownership significantly more affordable. A local lender will know the ins and outs of this program and can help you see if you qualify.

Furthermore, a community-focused lender will be well-versed in USDA Rural Development loans. Given Centerville's location, many properties in and around the area may qualify for these USDA-backed mortgages, which often require no down payment. This can be a game-changer for buyers who have steady income but haven't been able to save a large lump sum.

Your actionable first step? Shift your mindset from a generic online search to building a local team. Start by asking for referrals from your real estate agent, who likely works with trusted local lenders daily. Then, schedule consultations with two or three loan officers. Come prepared to discuss not just your finances, but your vision for a home in Centerville. Ask them pointed questions: "How do you handle appraisals for properties in this parish?" and "Can you walk me through how the Louisiana MCC would work for my situation?"

Buying a home in Centerville is an investment in a close-knit community and a specific way of life. By finding a home loan partner who is genuinely "near you" in knowledge and experience, you secure more than just financing—you gain a guide who will help you confidently navigate the path to your new front porch right here in St. Mary Parish.

Nearby Cities

Explore mortgage lenders in cities near Centerville, LA

Why Choose a Mortgage Lender in Centerville?

Local Market Knowledge

Lenders who understand Centerville'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 Louisiana.

Ready to Find Your Perfect Mortgage Lender?

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