The Best Mortgage Lenders in Georgetown, MS
Compare verified mortgage lenders serving Georgetown, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Georgetown
Featured Mortgage Lenders
Magnolia State Bank Mortgage Department
Magnolia State Bank
Magnolia State Bank is a highly-rated community bank serving Jasper County and surrounding areas including Georgetown. With over a century of local banking experience, they offer personalized mortgage services with deep community roots. Their mortgage department is known for competitive rates, local underwriting decisions, and exceptional customer service. As a community bank, they understand the unique needs of rural Mississippi homeowners and offer specialized USDA and FHA loans perfect for the Georgetown area.
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Trustmark Mortgage Department
Trustmark National Bank
Trustmark National Bank is one of Mississippi's largest and most established financial institutions with extensive mortgage lending operations throughout the state. They serve Georgetown and surrounding communities with a comprehensive range of mortgage products. Trustmark is particularly strong in rural lending and offers competitive construction and USDA loan programs. Their local loan officers provide personalized service with the backing of a major regional bank's resources and stability.
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The First Mortgage Division
The First, A National Banking Association
The First is a well-established regional bank with strong presence throughout southern Mississippi, including service to Georgetown. Their mortgage division excels in rural and suburban lending with specialized programs for first-time homebuyers and agricultural properties. They're particularly noted for their construction-to-permanent loan programs and competitive USDA rural development loans. With local decision-making and deep community involvement, they provide personalized mortgage solutions tailored to Mississippi homeowners.
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Frequently Asked Questions
Common questions about mortgage lending in Georgetown, MS
What are the current mortgage rates like in Georgetown, MS, and how do they compare to the state average?
Mortgage rates in Georgetown typically align closely with Mississippi state averages, which are often slightly below national rates due to the lower cost of living. As of recent trends, you can expect rates for a 30-year fixed mortgage to be competitive, but it's wise to check with local lenders like Planters Bank or regional credit unions for the most accurate, personalized quotes based on your financial profile.
Are there any first-time homebuyer programs specifically available for Georgetown residents?
Yes, Georgetown homebuyers can access the Mississippi Home Corporation's (MHC) Mortgage Credit Certificate (MCC) program and down payment assistance programs. These state-wide initiatives are available locally and can provide significant tax credits and help with down payments, making homeownership more affordable for first-time buyers in Georgetown's modest real estate market.
How does Georgetown's rural location affect the mortgage appraisal process?
Georgetown's rural setting means appraisals may take slightly longer and require appraisers familiar with the area's property types and land values. Comparable sales ("comps") might be limited, which can sometimes impact valuation. Working with a lender who uses local or regional appraisers can help ensure a fair and accurate assessment of your property.
What types of properties are most common in Georgetown, and does that influence loan options?
Georgetown features many single-family homes, often on larger lots, and some manufactured homes. Conventional, FHA, and USDA loans are all viable; USDA loans are particularly relevant here due to the area's rural designation, offering 100% financing with no down payment for eligible borrowers, which is a great fit for many local buyers.
Are property taxes in Georgetown a significant factor in my overall mortgage payment?
Property taxes in Georgetown and surrounding Copiah County are generally low compared to national averages, which helps keep total monthly mortgage payments affordable. However, it's important to get an accurate estimate of these taxes during the homebuying process, as they will be included in your escrow payment and can vary slightly based on the specific property's assessed value.
Nearby Cities
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Why Choose a Mortgage Lender in Georgetown?
Local Market Knowledge
Lenders who understand Georgetown'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 Georgetown and get competitive rates on your home loan.