The Best Mortgage Lenders in Hattiesburg, MS
Compare verified mortgage lenders serving Hattiesburg, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hattiesburg
Featured Mortgage Lenders
Trustmark Mortgage
Trustmark National Bank
Trustmark National Bank stands out as one of the most established and highly-rated mortgage lenders serving Hattiesburg, with deep roots in Mississippi dating back over 130 years. Their local mortgage specialists provide personalized service with competitive rates on a wide range of loan products. Trustmark excels in customer satisfaction with their community-focused approach, offering both in-person and digital mortgage experiences. Their strong local presence through multiple Hattiesburg branches ensures accessible, reliable service for homebuyers throughout the Pine Belt region.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage has built an exceptional reputation in Hattiesburg for their streamlined mortgage process and outstanding customer service. With a dedicated local team, they offer competitive rates and specialize in making the home financing experience efficient and transparent. Their "Upfront Underwriting" process often results in faster closings, typically within 30 days. Movement receives consistently high marks for their responsive communication and expertise with various loan programs, particularly FHA and VA loans that are popular in the Hattiesburg market.
Loan Types:
Guild Mortgage
Guild Mortgage Company
While based in Gulfport, Guild Mortgage serves the entire Mississippi Gulf Coast region including Hattiesburg with exceptional mortgage services. With over six decades of experience, they offer one of the most comprehensive range of loan products in the region, including specialized renovation loans that are perfect for Hattiesburg's historic and fixer-upper properties. Guild consistently earns high customer satisfaction ratings for their knowledgeable loan officers and flexible underwriting. Their strong regional presence and extensive experience with Mississippi's unique housing market make them a top choice for Hattiesburg homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Hattiesburg, MS
What are the current mortgage rates like in Hattiesburg, MS?
Mortgage rates in Hattiesburg typically align with national averages but can be slightly lower due to Mississippi's affordable housing market. As of recent trends, 30-year fixed rates in Hattiesburg often range between 6.5-7%, though this varies by lender and borrower qualifications. Local credit unions like Keesler Federal or Magnolia State Bank often offer competitive rates worth comparing.
Are there any first-time homebuyer programs specific to Hattiesburg?
Yes, the Mississippi Home Corporation (MHC) offers several programs accessible to Hattiesburg residents, including the Mortgage Credit Certificate (MCC) and Down Payment Assistance. These programs can provide tax credits and help with down payments, making homeownership more affordable in Hattiesburg's competitive market. Local lenders are familiar with these state-wide programs and can guide you through application.
How does Hattiesburg's growing university population affect mortgage lending?
Hattiesburg's status as a college town (home to University of Southern Mississippi) creates unique mortgage opportunities, including potential rental income considerations for multi-unit properties. Lenders may offer specialized investment property loans, but they'll scrutinize debt-to-income ratios carefully since local employment can be education-sector dependent.
What special considerations should I know about flood insurance requirements in Hattiesburg?
Several Hattiesburg neighborhoods, particularly those near the Leaf and Bouie Rivers, may require flood insurance as a mortgage condition. Lenders will review FEMA flood maps during underwriting, and premiums typically cost $500-$1,500 annually depending on your property's flood zone designation. This is an important factor in your total monthly housing payment calculation.
Are there local down payment assistance programs for Hattiesburg homebuyers?
Beyond state programs, some Hattiesburg-specific initiatives occasionally emerge through partnerships with local employers or community development organizations. The City of Hattiesburg sometimes offers neighborhood revitalization programs with favorable terms for buying in designated areas. Checking with local mortgage brokers who track these temporary local programs is recommended.
Why Choose a Mortgage Lender in Hattiesburg?
Local Market Knowledge
Lenders who understand Hattiesburg'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 Hattiesburg and get competitive rates on your home loan.