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Fenton, LA

The Best Mortgage Lenders in Fenton, LA

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

3
Top Lenders
4.7
Avg Rating
355+
Reviews
8
Loan Types

Available Loan Programs in Fenton

Conventional
FHA
VA
USDA
Construction
Refinance
Jumbo
First-time Homebuyer

Featured Mortgage Lenders

1

Jeff Davis Bank & Trust Company

Jeff Davis Bank & Trust Company

★★★★☆
4.8/5

As the premier community bank serving Jefferson Davis Parish where Fenton is located, Jeff Davis Bank & Trust has deep roots in the local area with over a century of service. They offer personalized mortgage solutions with local decision-making and understanding of the unique rural Louisiana market. Their mortgage team provides competitive rates on all major loan types including USDA loans which are particularly relevant for Fenton's rural character. The bank maintains exceptional customer satisfaction ratings and is known for its community-focused approach to lending.

Experience:120 years
Reviews:85 customer reviews
1012 Main Street, Jennings, LA 70546

Loan Types:

ConventionalFHAVAUSDAConstructionRefinance
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2

First Federal Bank of Louisiana

First Federal Bank of Louisiana

★★★★☆
4.7/5

First Federal Bank of Louisiana has been serving Southwest Louisiana communities including Jefferson Davis Parish for decades. They offer a comprehensive range of mortgage products with competitive rates and local underwriting. Their mortgage specialists are particularly experienced with rural property financing and first-time homebuyer programs. The bank receives high marks for customer service, with many reviews praising their responsive communication and smooth closing processes. They have multiple branches throughout the region and understand the local real estate market dynamics.

Experience:70 years
Reviews:120 customer reviews
1001 Lakeshore Drive, Lake Charles, LA 70601

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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3

Neighbors Federal Credit Union

Neighbors Federal Credit Union

★★★★☆
4.6/5

While headquartered in Baton Rouge, Neighbors Federal Credit Union serves members throughout Louisiana including the Fenton area. They offer highly competitive mortgage rates to their members and provide exceptional customer service with lower fees than many traditional banks. Their mortgage team specializes in guiding borrowers through the entire home financing process, with particular expertise in first-time homebuyer programs and government-backed loans. The credit union consistently receives high satisfaction ratings for their transparent processes and member-focused approach to lending.

Experience:65 years
Reviews:150 customer reviews
7373 Exchange Place, Baton Rouge, LA 70806

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Fenton, LA

What are the current average mortgage rates for homebuyers in Fenton, LA?

Mortgage rates in Fenton typically align with national averages but can vary based on local lenders and property types. As of recent data, 30-year fixed rates in the area generally range from 6.5% to 7.25%, though rural properties might see slightly higher rates. It's best to check with local credit unions like Jeff Davis Bank or regional lenders for the most current Fenton-specific rates.

Are there any special mortgage programs for first-time homebuyers in Fenton?

Yes, Louisiana offers the Louisiana Mortgage Revenue Bond Program which provides below-market interest rates and down payment assistance for first-time homebuyers in Fenton. Additionally, the USDA Rural Development loan program is particularly relevant for Fenton homebuyers since the area qualifies for these zero-down-payment loans, making homeownership more accessible in this rural community.

How does Fenton's rural location affect the mortgage approval process?

Fenton's rural classification can impact appraisals since comparable properties might be limited, potentially requiring appraisers to look at nearby towns like Welsh or Lake Arthur. Lenders may also require additional property inspections for older homes common in the area. However, the rural designation makes many Fenton properties eligible for USDA loans, which offer significant benefits.

What local closing costs should I expect when getting a mortgage in Fenton?

In addition to standard Louisiana closing costs (typically 2-4% of loan amount), Fenton homebuyers should budget for Jeff Davis Parish-specific fees including transfer taxes and recording fees. Local lenders often include flood certification fees since much of Fenton is in flood zones, and you may need to account for additional title insurance requirements common in rural Louisiana transactions.

Are there any property type considerations that affect mortgage lending in Fenton?

Yes, many Fenton properties include larger land parcels or agricultural elements that can complicate conventional financing. Lenders may require specialized appraisals for properties with significant acreage or outbuildings. Manufactured homes are also common in the area and require specific loan programs, so it's important to discuss property details early with your lender.

Mortgage Insights

Finding Your Guide: Why a Local FHA Loan Officer is Key to Buying a Home in Fenton, LA

Searching for an "FHA loan officer near me" in Fenton, Louisiana, is more than just a convenience—it's a strategic move that can make all the difference in your homebuying journey. FHA loans, with their lower down payment requirements and more flexible credit guidelines, are a powerful tool, especially in a smaller, rural market like Fenton. But to truly unlock their potential here, partnering with a local expert is non-negotiable.

The Fenton housing market has its own unique rhythm. Property values can vary significantly between the more established neighborhoods and the expansive rural parcels that define much of Jefferson Davis Parish. A local FHA loan officer doesn't just process paperwork; they understand this landscape. They can advise you on what types of properties in the area are likely to meet FHA's strict appraisal and minimum property standards, which is crucial for older homes or fixer-uppers that might be common in the region. Their on-the-ground knowledge helps set realistic expectations from the start, preventing you from falling in love with a home that might not pass a stringent FHA appraisal.

When looking for your local officer, don't just search online. Ask for referrals from Fenton-area real estate agents who regularly work with first-time buyers. These professionals have a vested interest in your success and know which lenders and loan officers navigate the local process smoothly. Once you have a few names, ask specific questions: "How many FHA loans have you closed in Jefferson Davis Parish in the last year?" and "Can you walk me through a recent challenge you solved with a local FHA appraisal?" Their answers will tell you if they have the experience you need.

Louisiana also offers fantastic state-level programs that can be layered with an FHA loan, and a knowledgeable local officer will be your guide. The Louisiana Mortgage Revenue Bond Program offers competitive interest rates and down payment assistance to eligible first-time homebuyers. Combining this with an FHA loan's 3.5% down payment can dramatically reduce your upfront costs, a huge advantage when saving for a home in Fenton. Your loan officer should be well-versed in these programs and know how to seamlessly integrate them with your FHA application.

Your actionable first step? Start your search locally. Visit or call community banks and credit unions in Jennings, Lake Arthur, or even Lafayette that serve the Fenton area. These institutions often have loan officers who live and work in the community and have a deep understanding of local incomes, property values, and the unique character of homes here. They are invested in helping neighbors become homeowners.

Buying a home in Fenton is about investing in a close-knit community. By finding a dedicated FHA loan officer who knows every back road and neighborhood nuance, you're not just getting a loan—you're gaining a trusted advisor who will help you plant roots in Louisiana's Cajun Country with confidence.

Nearby Cities

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Why Choose a Mortgage Lender in Fenton?

Local Market Knowledge

Lenders who understand Fenton'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 Fenton and get competitive rates on your home loan.