The Best Mortgage Lenders in Taunton, MA
Compare verified mortgage lenders serving Taunton, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Taunton
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a nationally recognized mortgage lender with a strong digital platform and local loan officers serving Taunton. Known for competitive rates, efficient online application process, and high customer satisfaction scores. They offer a wide range of loan products and have consistently high ratings for transparency and speed in closing mortgages.
Loan Types:
Leader Bank
Leader Bank, N.A.
Leader Bank is a regional institution with deep roots in Eastern Massachusetts, including service to Taunton. They are praised for personalized customer service, community involvement, and competitive mortgage rates. With a focus on building long-term relationships, they provide tailored loan solutions and have a reputation for reliability and local expertise.
Loan Types:
Northpoint Mortgage
Northpoint Mortgage, Inc.
Northpoint Mortgage specializes in serving New England homebuyers, including those in Taunton, with a commitment to excellent customer service and competitive lending options. They are known for their hands-on approach, flexibility in loan programs, and high success rates in mortgage approvals. Their long-standing presence in the region ensures trusted advice and support throughout the home buying process.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Taunton, MA
What are the current mortgage rates like for homes in Taunton, MA?
Mortgage rates in Taunton are generally competitive with national averages but can be slightly influenced by local market demand and property types. As of late 2023, rates for 30-year fixed mortgages typically range from 6.5% to 7.5% for qualified buyers. It's wise to compare offers from local lenders who understand Taunton's specific market conditions.
Are there any first-time homebuyer programs specifically available in Taunton?
Yes, Taunton homebuyers can access Massachusetts state programs like MassHousing and the ONE Mortgage program, which offer competitive interest rates and down payment assistance. Additionally, the City of Taunton occasionally offers local grant programs or affordable housing initiatives, so check with the Taunton Office of Economic and Community Development for current opportunities.
How does Taunton's property tax rate affect my mortgage payments?
Taunton's property tax rate is currently around $16.47 per $1,000 of assessed value, which is relatively high compared to some surrounding communities. This means your monthly mortgage payment will include a significant escrow portion for property taxes, typically adding several hundred dollars to your payment depending on the home's value.
What special considerations should I know about getting a mortgage for Taunton's older historic homes?
Many Taunton homes in historic districts like the Weir Village or downtown area may require specialized mortgage considerations. Lenders might require additional inspections for older electrical, plumbing, or structural systems, and you may need to budget for higher insurance costs. Some historic properties could qualify for specific rehabilitation loans or tax credits.
How competitive is the mortgage lending environment in Taunton's current housing market?
Taunton's housing market remains competitive with moderate inventory, making pre-approval essential. Local lenders familiar with Taunton's neighborhoods can often process loans more efficiently, which is crucial in competitive bidding situations. Many buyers are using conventional loans with strong pre-approval letters to stand out in multiple offer scenarios.
Nearby Cities
Explore mortgage lenders in cities near Taunton, MA
Why Choose a Mortgage Lender in Taunton?
Local Market Knowledge
Lenders who understand Taunton'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 Taunton and get competitive rates on your home loan.