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Carrollton, MS

The Best Mortgage Lenders in Carrollton, MS

Compare verified mortgage lenders serving Carrollton, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
790+
Reviews
7
Loan Types

Available Loan Programs in Carrollton

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years in business, they have a strong presence in Mississippi and serve Carrollton through local loan officers. They are highly regarded for their efficient processing, personalized approach, and wide range of loan options, earning numerous industry awards and high customer satisfaction scores.

Experience:28 years
Reviews:320 customer reviews
1000 Highland Colony Parkway, Suite 4003, Ridgeland, MS 39157

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a highly respected mortgage lender with a focus on diversity and community service. They have been in business for over 21 years and offer competitive rates and flexible loan programs. Serving Carrollton and surrounding areas, they are praised for their responsive customer support, educational resources, and ability to handle unique financial situations, making them a reliable choice for homebuyers.

Experience:21 years
Reviews:280 customer reviews
500 Clinton Center Drive, Clinton, MS 39056

Loan Types:

ConventionalFHAVAUSDAReverse MortgagesRefinance
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage is a nationally recognized lender with a strong regional presence, known for its fast closings and community involvement. Founded in 2008, they have built a reputation for transparency and customer-centric services. They actively serve Carrollton through online and local support, offering a variety of loan products and boasting high approval rates and satisfied client reviews.

Experience:16 years
Reviews:190 customer reviews
2115 Rexford Road, Charlotte, NC 28211 (with service coverage in Carrollton, MS)

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Carrollton, MS

What are the current average mortgage rates for homebuyers in Carrollton, MS?

Mortgage rates in Carrollton typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates in Carrollton range from 6.5% to 7.2%, though local credit unions like Peoples Bank often offer competitive rates. It's best to compare offers from multiple Carrollton lenders as rural Mississippi rates can sometimes be slightly higher than urban areas.

Are there any first-time homebuyer programs specifically available in Carrollton?

Yes, Carrollton homebuyers can access the Mississippi Home Corporation's Home in 5 program, which offers down payment assistance and competitive rates. Additionally, local lenders like Bank of Carrollton often have special first-time buyer programs with lower down payment requirements. These programs are particularly valuable given Carrollton's median home prices around $150,000.

How does Carrollton's rural location affect mortgage lending requirements?

Carrollton's rural designation can actually benefit borrowers through USDA Rural Development loans, which offer 100% financing with no down payment required. However, appraisals may require specialized rural property expertise, and some lenders might have stricter requirements for older homes common in Carrollton's historic districts. Local lenders familiar with Carroll County properties typically provide the smoothest process.

What special considerations should I know about when getting a mortgage for Carrollton's historic homes?

Financing historic homes in Carrollton's designated districts may require additional inspections and higher insurance premiums. Lenders often require specialized historic property appraisals, and you may need to use renovation loans like the FHA 203(k) for properties needing updates. Local lenders experienced with Carrollton's historic preservation requirements can guide you through this process.

Are there any local property tax considerations that affect mortgage payments in Carrollton?

Carrollton homeowners benefit from Carroll County's relatively low property tax rates, typically around 0.6% of assessed value. However, mortgage lenders will factor in annual tax increases and may require larger escrow accounts for properties with upcoming reassessments. First-time buyers should note that Carroll County offers homestead exemptions that can significantly reduce tax burdens.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent Makes All the Difference in Carrollton, MS

Searching for "home loan agents near me" in Carrollton is more than just finding a convenient office location. It's about partnering with a professional who understands the unique heartbeat of our local real estate market. In a close-knit community like Carrollton, where word-of-mouth and local knowledge are invaluable, choosing the right mortgage expert can be the key to a smooth and successful home purchase.

The Carrollton housing market presents its own set of opportunities and considerations. You might be looking at a historic home near the Carrollton Courthouse, a property with some acreage on the outskirts, or a more modern family home. A local home loan agent doesn't just process paperwork; they understand the appraisals for these diverse property types in Carroll County. They know which lenders are familiar with the area and can accurately assess value, which is crucial for both securing your loan and ensuring you're making a sound investment.

When you start your search, look for an agent with deep Mississippi roots. Ask them specifically about state and local programs designed to help homebuyers like you. For example, the Mississippi Home Corporation (MHC) offers programs such as the Smart6 Solution and Home in 5 mortgages, which can provide competitive interest rates, down payment assistance, and tax credits—powerful tools for first-time and repeat buyers alike. A knowledgeable Carrollton agent will be your guide to these resources, helping you uncover potential savings that an out-of-town online lender might never mention.

Your actionable first step is to shift your mindset from a simple online search to seeking a local consultant. Start by asking for referrals from friends, family, or a trusted local real estate agent here in Carrollton. When you interview potential loan agents, come prepared with specific questions: "How many loans have you closed in Carroll County in the last year?" "What Mississippi-specific down payment assistance programs might I qualify for?" "Can you walk me through how property taxes and insurance typically work in this area?" Their answers will immediately reveal their local expertise.

Finally, remember that in a smaller market, relationships matter. Your local home loan agent is your advocate, communicating with appraisers, title companies, and sellers' agents right here in town. They can often foresee and navigate potential hiccups specific to our area, keeping your closing on track. By choosing a professional embedded in the Carrollton community, you're not just getting a loan; you're gaining a partner who is invested in helping you call this special part of Mississippi home.

Nearby Cities

Explore mortgage lenders in cities near Carrollton, MS

Why Choose a Mortgage Lender in Carrollton?

Local Market Knowledge

Lenders who understand Carrollton'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 Mississippi.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Carrollton and get competitive rates on your home loan.