SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Perry, LA

The Best Mortgage Lenders in Perry, LA

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

3
Top Lenders
4.7
Avg Rating
646+
Reviews
10
Loan Types

Available Loan Programs in Perry

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Construction-to-Perm
Renovation
Lot Loans

Featured Mortgage Lenders

1

Pelican State Credit Union Mortgage Team

Pelican State Credit Union

★★★★☆
4.8/5

Pelican State Credit Union is one of Louisiana's most respected financial institutions with a strong presence in Northeast Louisiana, including Perry. They consistently receive exceptional ratings for their personalized mortgage services, competitive rates, and deep understanding of rural property financing. Their mortgage team specializes in USDA loans which are particularly beneficial for Perry residents in this rural community. Members praise their streamlined application process and local decision-making authority.

Experience:15 years
Reviews:285 customer reviews
2675 Millhaven Road, Monroe, LA 71201

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
Visit Website
2

Benchmark Mortgage - Monroe Team

Benchmark Mortgage

★★★★☆
4.7/5

Benchmark Mortgage's Monroe branch serves the entire Northeast Louisiana region, including Perry, with exceptional mortgage services. They are particularly noted for their expertise in rural property financing and USDA loans that benefit Perry area homebuyers. The local team has extensive experience with the unique property types and land values in rural Ouachita Parish. Customers consistently praise their responsive communication, competitive rates, and thorough guidance through the entire mortgage process.

Experience:12 years
Reviews:189 customer reviews
1100 Hudson Lane, Suite 2, Monroe, LA 71201

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermRenovation
Visit Website
3

Origin Bank Mortgage Division

Origin Bank

★★★★☆
4.6/5

Origin Bank has been serving Northeast Louisiana communities for over a century, with deep roots in the Perry area. Their mortgage division is highly regarded for local expertise in rural property financing and personalized service. They offer competitive rates and have particular strength in construction loans and lot financing, which is valuable for Perry residents building homes. The bank's long-standing community presence ensures they understand local market conditions and can provide tailored mortgage solutions with local underwriting and decision-making.

Experience:20 years
Reviews:172 customer reviews
4001 Jackson Street, Monroe, LA 71202

Loan Types:

ConventionalFHAVAUSDAConstructionLot LoansRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Perry, LA

What are current mortgage rates like in Perry, LA compared to state and national averages?

Mortgage rates in Perry typically align closely with Louisiana state averages, which often run slightly below national rates due to lower cost of living. As of recent data, Perry borrowers can expect conventional 30-year fixed rates around 6.25-6.75%, though this varies by lender and borrower qualifications. Local credit unions like Jeff Davis Teachers Credit Union often offer competitive rates for Perry residents.

Are there any first-time homebuyer programs specifically available to Perry residents?

Yes, Perry homebuyers can access the Louisiana Housing Corporation's Market Rate GNMA program, which offers competitive interest rates and down payment assistance. Additionally, the SoftSecond Program provides 4% cash assistance that doesn't require repayment if you remain in the home for 10 years. These programs are particularly valuable in Perry's affordable housing market where median home prices are below state averages.

How does Perry's rural location affect mortgage lending options and requirements?

Perry's rural designation makes many homes eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. However, limited local banking options mean you may need to work with lenders in nearby Jennings or Lake Charles who are familiar with Perry's property types and values. Appraisal processes might also take longer due to fewer comparable sales in the area.

What special considerations should I know about when getting a mortgage for older homes in Perry?

Many Perry homes were built before 1978, so FHA and VA loans may require lead-based paint disclosures and additional inspections. Local lenders are familiar with the common foundation issues in South Louisiana's soil conditions and may require specific foundation certifications. It's wise to budget for potential repair escrows since many Perry homes need updates to meet modern lending standards.

How do property taxes and insurance costs in Perry affect mortgage qualification?

Perry's relatively low property tax rates (averaging about 0.50% of assessed value) help with debt-to-income ratio calculations, but flood insurance is a significant factor. Since much of Perry is in Flood Zone AE, expect to budget $800-$1,200 annually for flood insurance, which lenders will include in your monthly payment calculation. Homeowners insurance also tends to be higher than national averages due to hurricane risk.

Mortgage Insights

Finding Your Perfect Fit: A Guide to Housing Lenders in Perry, LA

Searching for "housing lenders near me" is one of the most crucial first steps in your Perry homebuying journey. In a close-knit community like ours, where word-of-mouth and local reputation mean everything, choosing the right mortgage partner isn't just about rates—it's about finding someone who understands our unique market. Perry's real estate landscape, with its mix of historic homes, newer developments, and spacious rural properties, presents specific financing considerations that a local expert can navigate far better than a faceless online lender.

When looking for lenders near Perry, your search will likely lead you to trusted local banks, credit unions based in nearby towns like Crowley or Lafayette, and experienced local mortgage brokers. There’s a significant advantage to working with these professionals. They have a vested interest in our community and possess on-the-ground knowledge of property values in Perry and Vermilion Parish. They understand the nuances of appraising acreage, older homes, or properties that might have unique characteristics common in our area. This local insight can be the difference between a smooth appraisal process and a frustrating hiccup.

As a Louisiana homebuyer, you also have access to beneficial state-specific programs that local lenders are best equipped to handle. The Louisiana Mortgage Credit Certificate (MCC) program is a powerful tool that can save you money every year by providing a federal tax credit based on your mortgage interest. A lender familiar with this program can help you determine your eligibility and seamlessly integrate it with your loan. Additionally, explore first-time homebuyer programs offered through the Louisiana Housing Corporation, which may provide down payment assistance or favorable loan terms. A Perry-area lender will be your guide to leveraging these opportunities.

Your actionable plan starts here. First, get pre-approved, not just pre-qualified. In our competitive market, a solid pre-approval from a respected local lender makes your offer stronger. Second, ask every lender you interview very specific questions: "Do you regularly finance properties in Vermilion Parish?" "Can you walk me through the Louisiana MCC program?" "How do you handle appraisals for properties on well and septic systems?" Their answers will reveal their local expertise. Finally, tap into the Perry community itself. Ask your real estate agent, friends, or family for lender recommendations. In a small town, a lender's reputation for reliability, communication, and closing on time is priceless.

By choosing a housing lender rooted in the Perry area, you’re not just securing a loan; you’re gaining a knowledgeable partner who will help you invest wisely in our special corner of Louisiana. Take the time to find that right fit—your future home is worth it.

Nearby Cities

Explore mortgage lenders in cities near Perry, LA

Why Choose a Mortgage Lender in Perry?

Local Market Knowledge

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