The Best Mortgage Lenders in Lakeville, MA
Compare verified mortgage lenders serving Lakeville, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lakeville
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender renowned for its exceptional customer service and competitive rates. With over 28 years in the industry, they have a strong presence in Southeastern Massachusetts, including Lakeville, and are praised for their quick loan processing, personalized approach, and wide range of loan options. Their commitment to transparency and community involvement makes them a trusted choice for homebuyers.
Loan Types:
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly reputable lender known for its efficiency and customer-focused services. Founded in 2003, they have built a solid track record in Massachusetts, serving Lakeville and nearby areas with competitive rates and diverse loan products. Their team emphasizes clear communication and streamlined processes, earning high marks for reliability and satisfaction in customer reviews.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading national mortgage lender with a strong local presence in Massachusetts, offering innovative digital tools and exceptional service. Since its founding in 2000, it has consistently received high ratings for competitive rates, fast closings, and a wide array of loan options. Serving Lakeville residents with dedicated support, they are celebrated for their transparency and customer satisfaction.
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Frequently Asked Questions
Common questions about mortgage lending in Lakeville, MA
What are current mortgage rates like for homebuyers in Lakeville, MA?
Mortgage rates in Lakeville typically align with national averages but can vary based on local market conditions and lender competition. As of recent trends, rates for 30-year fixed mortgages in the area range from 6.5% to 7.2%, though this fluctuates regularly. Working with a local lender who understands Lakeville's market can help you secure competitive rates.
Are there any first-time homebuyer programs specifically available in Lakeville?
Yes, Lakeville homebuyers can access Massachusetts state programs like MassHousing and the ONE Mortgage program, which offer low down payments and competitive interest rates. Additionally, some local lenders may offer special programs for first-time buyers in the Lakeville area. These programs are particularly valuable given Lakeville's median home prices, which are typically above state averages.
How does Lakeville's proximity to major highways affect mortgage lending considerations?
Lakeville's excellent location near I-495 and Route 24 makes it attractive to commuters, which can positively impact property values and mortgage underwriting. Lenders may view properties in Lakeville favorably due to the town's accessibility to Boston, Providence, and Cape Cod. This strong location factor can sometimes translate to more favorable loan terms and appraisal values.
What should I know about property taxes when getting a mortgage in Lakeville?
Lakeville's property tax rate is currently around $14.50 per $1,000 of assessed value, which is moderately priced for southeastern Massachusetts. When calculating your mortgage payment, expect to include approximately $400-$600 monthly for taxes on a typical single-family home. Lenders will factor these taxes into your debt-to-income ratio during the approval process.
Are there any special considerations for mortgages on homes near Lakeville's many lakes and ponds?
Yes, properties near Lakeville's water bodies may require additional insurance considerations that affect mortgage requirements. Lenders often require flood insurance for homes in designated flood zones, which can add to your monthly housing costs. It's crucial to work with a local lender familiar with Lakeville's specific waterfront property requirements and potential environmental restrictions.
Nearby Cities
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Why Choose a Mortgage Lender in Lakeville?
Local Market Knowledge
Lenders who understand Lakeville'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 Lakeville and get competitive rates on your home loan.