The Best Mortgage Lenders in Duxbury, MA
Compare verified mortgage lenders serving Duxbury, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Duxbury
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly-rated national mortgage lender with a strong local presence in the Greater Boston area, including Duxbury. Known for its competitive rates, innovative online platform, and personalized service from local loan officers, they consistently receive top marks for customer satisfaction and efficient loan processing. Their extensive product range and commitment to transparency make them a preferred choice for homebuyers in Massachusetts.
Loan Types:
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with deep roots in the South Shore region, serving Duxbury with excellence. Renowned for their personalized approach, fast closings, and community involvement, they boast high customer satisfaction scores. Their experienced team offers a wide array of loan options and is praised for guiding clients smoothly through the mortgage process from application to closing.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable national lender with a significant presence in Massachusetts, including service to Duxbury. They are celebrated for their efficient, streamlined process, competitive rates, and strong customer service ethos. With a focus on building local relationships and providing timely closings, Movement has garnered positive reviews for their reliability and support throughout the home financing journey.
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Frequently Asked Questions
Common questions about mortgage lending in Duxbury, MA
What are current mortgage rates like for homes in Duxbury, MA?
Mortgage rates in Duxbury typically align with national averages but can vary based on property type and location within town. Given Duxbury's coastal location and higher-than-average home values, lenders may have slightly different requirements. Currently, rates for 30-year fixed mortgages in Plymouth County range from 6.5% to 7.25%, but it's best to get quotes from multiple local lenders.
Are there any special mortgage considerations for buying a waterfront property in Duxbury?
Yes, waterfront properties in Duxbury often require additional considerations including higher insurance premiums for flood insurance and potentially stricter lending requirements. Lenders may require more substantial down payments and additional inspections for coastal properties. You'll also want to work with a lender experienced in Massachusetts coastal property financing.
What first-time homebuyer programs are available specifically for Duxbury residents?
Duxbury homebuyers can access Massachusetts state programs like MassHousing and the ONE Mortgage program, which offer competitive rates and down payment assistance. While Duxbury doesn't have town-specific programs, these state programs are particularly valuable given the town's higher median home prices. Local credit unions like Rockland Trust often have specialized first-time buyer products for South Shore residents.
How does Duxbury's historical district affect the mortgage process?
Properties in Duxbury's historical districts may require additional documentation and potentially different appraisal approaches. Lenders might require specialized inspections and could have restrictions on major renovations to maintain historical integrity. It's important to work with a lender familiar with Massachusetts historical property requirements and local preservation guidelines.
What are the typical property tax rates in Duxbury and how do they impact mortgage affordability?
Duxbury's property tax rate is approximately $11.28 per $1,000 of assessed value for FY2024, which is relatively moderate for the South Shore area. This translates to significant annual tax bills given Duxbury's higher home values, which lenders factor into your debt-to-income ratio calculations. When budgeting for your mortgage payment, remember that property taxes can represent a substantial portion of your monthly escrow payment.
Nearby Cities
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Why Choose a Mortgage Lender in Duxbury?
Local Market Knowledge
Lenders who understand Duxbury'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 Massachusetts.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Duxbury and get competitive rates on your home loan.