The Best Mortgage Lenders in Metcalfe, MS
Compare verified mortgage lenders serving Metcalfe, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Metcalfe
Featured Mortgage Lenders
Magnolia State Bank
Magnolia State Bank
As one of Mississippi's oldest and most trusted community banks, Magnolia State Bank has served the Delta region including Metcalfe for over a century. They offer personalized mortgage services with local decision-making and deep understanding of rural Mississippi property values. Their experienced loan officers provide competitive rates on all major loan programs with exceptional customer service ratings. The bank maintains strong community ties and offers the stability of a long-established financial institution with modern mortgage solutions.
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Churchill Mortgage
Churchill Mortgage Corporation
Churchill Mortgage has built an outstanding reputation throughout Mississippi with a strong local presence in Cleveland serving Metcalfe residents. They specialize in providing straightforward mortgage advice and competitive rates with a focus on customer education. Their team excels at navigating rural property financing and offers comprehensive pre-approval services. With Dave Ramsey's endorsement and consistent high ratings for customer satisfaction, they provide reliable service for first-time homebuyers and experienced homeowners alike throughout the Delta region.
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Guild Mortgage
Guild Mortgage Company
Guild Mortgage maintains a strong regional presence in the Mississippi Delta with local offices serving Metcalfe and surrounding communities. They offer a wide variety of loan programs with particular expertise in government-backed loans ideal for the area. Their local loan officers provide personalized service with quick turnaround times and competitive pricing. With decades of experience and national backing combined with local decision-making, Guild Mortgage consistently receives high marks for their responsive service and ability to handle complex rural property transactions.
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Frequently Asked Questions
Common questions about mortgage lending in Metcalfe, MS
What are the current mortgage rates like for homes in Metcalfe, MS?
Mortgage rates in Metcalfe are typically competitive with national averages, but local lenders may offer slightly better terms due to lower operational costs. For conventional 30-year fixed loans, rates generally range from 6.5% to 7.5% as of 2024, though this varies by lender and borrower qualifications. It's wise to compare offers from both local Mississippi banks and national lenders.
Are there any first-time homebuyer programs specifically available in Metcalfe?
Yes, the Mississippi Home Corporation (MHC) offers several programs accessible to Metcalfe 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 for first-time buyers in Washington County. Local lenders familiar with these programs can guide you through the application process.
How does Metcalfe's rural location affect the mortgage process?
Metcalfe's rural setting may require additional property considerations, such as well and septic inspections, which lenders often mandate for loan approval. Additionally, some rural properties might be eligible for USDA loans, which offer 100% financing with no down payment—a significant advantage for qualified buyers in this area. Always verify property eligibility with your lender early in the process.
What types of properties are common in Metcalfe, and how do they impact loan options?
Metcalfe features a mix of single-family homes, older properties, and some manufactured homes. While conventional and FHA loans work for most site-built homes, manufactured homes may require specific loans (like FHA Title I or VA loans if applicable). Appraisals might pay extra attention to older homes' condition, so ensure the property meets lender standards before proceeding.
Are there local lenders in or near Metcalfe that specialize in mortgages for this area?
Yes, several regional banks and credit unions in the Greenville area serve Metcalfe residents and understand local market dynamics. Institutions like Planters Bank or RiverHills Bank have experience with Washington County properties and can offer personalized service. Working with a local lender can streamline the process, especially if you're considering USDA or state-specific first-time buyer programs.
Nearby Cities
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Why Choose a Mortgage Lender in Metcalfe?
Local Market Knowledge
Lenders who understand Metcalfe'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 Metcalfe and get competitive rates on your home loan.