The Best Mortgage Lenders in Greenfield, MA
Compare verified mortgage lenders serving Greenfield, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Greenfield
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in Western Massachusetts, including service to Greenfield. Known for its competitive rates and digital-friendly application process, the company has earned high customer satisfaction scores for its efficiency and transparency. With over two decades of experience, they offer a wide range of loan products and are praised for their responsive customer service and streamlined closings, making them a reliable choice for homebuyers in the area.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is highly regarded for its personalized service and deep community involvement in the Pioneer Valley, including Greenfield. With nearly three decades in business, they consistently receive excellent reviews for their knowledgeable loan officers, competitive rates, and fast turnaround times. Customers appreciate their hands-on approach and ability to guide borrowers through complex mortgage processes, making them a trusted lender for first-time homebuyers and refinancing clients alike.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable lender with a focus on community-oriented lending and exceptional customer service, serving Greenfield and the broader Hampshire County area. Founded in 2008, they have built a strong reputation for transparency, competitive pricing, and efficient loan processing. Their local loan officers are known for providing tailored solutions and maintaining clear communication throughout the mortgage journey, resulting in high customer satisfaction and numerous positive reviews for their reliability and support.
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Frequently Asked Questions
Common questions about mortgage lending in Greenfield, MA
What are the current mortgage rates like for homebuyers in Greenfield, MA?
Mortgage rates in Greenfield typically align with national averages but can be influenced by local market conditions. Currently, rates for 30-year fixed mortgages in Franklin County range from 6.5% to 7.25%, though this varies by lender, credit score, and loan type. Working with a local lender familiar with Greenfield's market can help you secure competitive rates.
Are there any first-time homebuyer programs specific to Greenfield?
Yes, Greenfield homebuyers can access Massachusetts' state-wide programs like MassHousing and ONE Mortgage, which offer low down payments and competitive rates. Additionally, the Franklin County Regional Housing and Redevelopment Authority sometimes offers down payment assistance grants specifically for Greenfield residents. These programs are particularly valuable given Greenfield's median home prices.
How does Greenfield's property tax rate affect my mortgage payments?
Greenfield's current property tax rate is approximately $18.98 per $1,000 of assessed value, which is relatively high compared to some surrounding towns. This means your monthly mortgage payment will include a significant escrow portion for property taxes. When budgeting, factor in that property taxes on a $300,000 home in Greenfield would be around $5,694 annually.
What special considerations should I know about getting a mortgage for a historic home in Greenfield?
Greenfield has many historic properties, particularly in the Downtown and Main Street areas. Mortgaging these homes may require specialized appraisals and potentially higher insurance costs. Some lenders may have specific requirements for historic properties, so it's important to work with a mortgage provider experienced with Greenfield's historic housing stock.
How competitive is the mortgage lending environment in Greenfield's current housing market?
Greenfield's housing market remains competitive with limited inventory, making pre-approval essential. Local lenders often have relationships with Greenfield real estate agents and can provide faster turnaround times. Given the competitive nature, having your mortgage pre-approval from a reputable local lender can strengthen your offer significantly in this market.
Nearby Cities
Explore mortgage lenders in cities near Greenfield, MA
Why Choose a Mortgage Lender in Greenfield?
Local Market Knowledge
Lenders who understand Greenfield'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 Greenfield and get competitive rates on your home loan.