The Best Mortgage Lenders in Marietta, MS
Compare verified mortgage lenders serving Marietta, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Marietta
Featured Mortgage Lenders
Mortgage Department
Regions Bank
Regions Bank is one of the most established financial institutions serving northeast Mississippi, with multiple branches throughout the region including nearby Tupelo. As a full-service bank with deep roots in Mississippi communities, they offer comprehensive mortgage solutions with personalized local service. Their mortgage team specializes in both purchase and refinance loans with competitive rates, particularly strong in USDA rural development loans which are ideal for Marietta homebuyers. With nearly three decades of mortgage lending experience in the region, they provide the stability and local decision-making that rural Mississippi homebuyers value.
Loan Types:
Mortgage Lending Division
Renasant Bank
Renasant Bank, headquartered in Tupelo just 30 minutes from Marietta, has been serving northeast Mississippi communities for over 30 years. They are particularly respected for their expertise in rural mortgage lending and construction loans, making them an excellent choice for Marietta residents. Their local loan officers have extensive knowledge of the specific needs and property types in Itawamba County. Renasant consistently receives high marks for their responsive customer service and competitive rates, with many customers noting the efficiency of their loan process and the personal attention they receive throughout their home buying journey.
Loan Types:
Mortgage Team
First Heritage Credit
First Heritage Credit has built an outstanding reputation throughout northeast Mississippi as a mortgage lender that provides exceptional personalized service. Located in Tupelo, they actively serve the Marietta area with specialized knowledge of rural property financing. They are particularly strong with government-backed loans including USDA and VA loans, which are popular choices in the Marietta market. Customers consistently praise their transparent communication, competitive rates, and the educational approach they take with first-time homebuyers. Their 22 years of local lending experience ensures they understand the unique aspects of financing homes in rural Itawamba County.
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Frequently Asked Questions
Common questions about mortgage lending in Marietta, MS
What are the current mortgage rates like for homebuyers in Marietta, MS?
Mortgage rates in Marietta typically align with national averages but can vary based on local lender competition and property types. Currently, rates for 30-year fixed mortgages in the area range from 6.5% to 7.25%, though rural properties might see slightly higher rates. It's best to compare offers from local credit unions like Peoples Bank and regional lenders who understand Marietta's market.
Are there any first-time homebuyer programs specifically available in Marietta?
Yes, Marietta homebuyers can access Mississippi's Mortgage Credit Certificate (MCC) program, which provides a federal tax credit for a portion of mortgage interest paid. Additionally, the Mississippi Home Corporation offers down payment assistance programs that are accessible to Marietta residents. Local lenders can also guide you toward USDA rural development loans, which are particularly relevant for properties in and around Marietta.
How does Marietta's rural location affect mortgage lending requirements?
Marietta's rural designation means many properties qualify for USDA loans, which offer 100% financing with no down payment. However, appraisals may require additional considerations for well and septic systems, which are common in the area. Lenders may also look more closely at property accessibility and comparable sales due to the limited housing inventory in this rural market.
What special considerations should I know about when getting a mortgage for an older home in Marietta?
Many homes in Marietta are historic or older properties, so lenders may require additional inspections for structural integrity, electrical systems, and plumbing. You'll want to budget for potential repair escrows or renovation loans like the FHA 203(k). Local appraisers familiar with Marietta's older home stock can provide more accurate valuations that reflect the character and condition of these properties.
Are there local property tax considerations that affect mortgage payments in Marietta?
Prentiss County property taxes are relatively low compared to national averages, which helps keep overall mortgage payments affordable. However, it's important to note that tax assessments can vary between incorporated Marietta and surrounding unincorporated areas. Your lender should help you estimate these costs accurately, as property taxes are typically included in your monthly mortgage escrow payment.
Why Choose a Mortgage Lender in Marietta?
Local Market Knowledge
Lenders who understand Marietta'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 Marietta and get competitive rates on your home loan.