The Best Mortgage Lenders in Foxworth, MS
Compare verified mortgage lenders serving Foxworth, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Foxworth
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender with a strong presence in Southern Mississippi, serving Foxworth and surrounding areas. Known for competitive rates and exceptional customer service, they have numerous positive reviews highlighting their efficiency and personalized approach. With over 28 years in business, they offer a wide range of loan products and have a dedicated local team in Hattiesburg, making them a reliable choice for homebuyers in Marion County.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-rated national lender with a significant footprint in Mississippi, including service to Foxworth. They are praised for their fast closings, transparent process, and community involvement. Founded in 2008, they combine technology with local expertise, offering various loan options and dedicated support. Their Jackson office ensures accessible service for rural areas like Foxworth, with many customers noting their responsiveness and competitive rates.
Loan Types:
Caliber Home Loans
Caliber Home Loans, Inc.
Caliber Home Loans is a reputable lender serving Foxworth and the broader Mississippi region, known for its flexible loan solutions and high customer satisfaction. With 16 years of experience, they provide personalized service and competitive rates, particularly strong in refinancing and first-time homebuyer programs. Their Ridgeland office supports clients in rural areas, and they have a track record of smooth transactions and reliable support, as reflected in numerous positive reviews.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Foxworth, MS
What are the current average mortgage rates for homebuyers in Foxworth, MS?
Mortgage rates in Foxworth typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates hover around 6.5-7% for qualified buyers, though rural properties common in the Foxworth area might see slight variations. It's best to check with local credit unions like Marion County Credit Union for the most accurate, personalized rates.
Are there any first-time homebuyer programs specifically available in Foxworth?
Yes, the Mississippi Home Corporation's Mortgage Credit Certificate (MCC) program is popular in Foxworth, offering a federal tax credit to reduce your tax liability. Additionally, local lenders may offer down payment assistance programs tailored to Marion County residents. These programs can make homeownership more accessible in Foxworth's affordable market.
How does Foxworth's rural location affect the mortgage approval process?
Foxworth's rural classification can impact lending through USDA loans, which offer 100% financing for eligible buyers in designated rural areas. However, some lenders may require additional property inspections for older homes common in the area. Appraisals might also consider the limited comparable sales in this small community.
What types of properties are most common in Foxworth's mortgage market?
Foxworth primarily features single-family homes on larger lots, many with acreage, plus manufactured homes on permanent foundations. Traditional mortgages work for most single-family homes, while manufactured homes may require specialized loans. The prevalence of older homes means renovation loans like the FHA 203(k) are frequently used by Foxworth buyers.
Are there local lenders in Foxworth who understand the unique aspects of the Marion County market?
Yes, working with Marion County-based lenders like Community Bank of Mississippi or regional credit unions provides advantages. These local institutions understand Foxworth's specific property values, seasonal employment patterns in the timber industry, and can often process loans more efficiently than national banks unfamiliar with rural Mississippi markets.
Why Choose a Mortgage Lender in Foxworth?
Local Market Knowledge
Lenders who understand Foxworth'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 Foxworth and get competitive rates on your home loan.