The Best Mortgage Lenders in Raynham, MA
Compare verified mortgage lenders serving Raynham, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Raynham
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates, serving Raynham and surrounding areas. With over 28 years in the industry, they offer a wide range of loan products and have a strong local presence through their Mansfield branch. Customers consistently praise their personalized approach, fast closing times, and expertise in navigating complex mortgage scenarios, making them a trusted choice for homebuyers in Southeastern Massachusetts.
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Guaranteed Rate, Inc.
Guaranteed Rate, Inc.
Guaranteed Rate is a highly regarded national mortgage lender with a strong local office in Braintree, conveniently serving Raynham residents. Founded in 2000, they are celebrated for their digital mortgage platform, which streamlines the application process while maintaining competitive rates and low fees. With thousands of positive reviews highlighting their responsiveness and transparency, they excel in providing efficient, technology-driven solutions for both purchase and refinance loans, backed by two decades of industry expertise.
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Leader Bank, N.A.
Leader Bank, N.A.
Leader Bank is a respected regional bank based in Arlington, with extensive service coverage in Raynham and across Massachusetts. Established in 2002, they combine the personalized service of a community bank with robust mortgage offerings, including specialized programs for first-time homebuyers. Their commitment to local communities, competitive rates, and hands-on customer support has earned them a loyal client base and strong reviews for reliability and ease of process, making them a solid choice for borrowers seeking a trusted local lender.
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Frequently Asked Questions
Common questions about mortgage lending in Raynham, MA
What are the current mortgage rates like for homebuyers in Raynham, MA?
Mortgage rates in Raynham typically align with national averages but can be influenced by local market competition. As of recent trends, you can expect rates slightly below the national average due to Massachusetts' competitive lending environment. It's best to compare offers from local credit unions like Bridgewater Credit Union and national lenders for the most favorable terms.
Are there any first-time homebuyer programs specifically available in Raynham?
Yes, Raynham homebuyers can access Massachusetts' statewide programs like MassHousing, which offers competitive rates and down payment assistance. Additionally, the ONE Mortgage Program provides affordable financing options with lower monthly payments. These programs are particularly valuable in Raynham's competitive housing market where starter homes are in high demand.
How does Raynham's property tax rate affect my mortgage payments?
Raynham's current property tax rate of approximately $14.92 per $1,000 of assessed value means your escrow payments will be significant. For a $400,000 home, expect around $5,968 annually in property taxes, adding nearly $500 to your monthly mortgage payment. This is important to factor into your budget since Raynham's rates are moderately higher than some surrounding communities.
What special considerations should I know about getting a mortgage for older homes in Raynham?
Many Raynham homes date back to the 18th and 19th centuries, so mortgage lenders often require thorough inspections and may have stricter requirements for older properties. You might need specialized renovation loans like the FHA 203(k) if the home needs significant updates. Local lenders familiar with Raynham's historic homes can better navigate these unique requirements.
Are there any local down payment assistance programs for Raynham homebuyers?
While Raynham doesn't have town-specific programs, Bristol County offers the SOFTBANK program providing down payment assistance to eligible buyers. Additionally, MassHousing's Down Payment Assistance provides up to $15,000 towards down payment and closing costs. These programs are especially helpful given Raynham's median home prices being above state averages.
Nearby Cities
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Why Choose a Mortgage Lender in Raynham?
Local Market Knowledge
Lenders who understand Raynham'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 Raynham and get competitive rates on your home loan.