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Money, MS

The Best Mortgage Lenders in Money, MS

Compare verified mortgage lenders serving Money, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
750+
Reviews
7
Loan Types

Available Loan Programs in Money

Conventional
FHA
VA
USDA
Jumbo loans
Refinance
Jumbo

Featured Mortgage Lenders

1

Movement Mortgage

Movement Mortgage, Inc.

★★★★☆
4.7/5

Movement Mortgage is a highly-rated national lender with a strong regional presence in Mississippi, known for its competitive rates, efficient online application process, and exceptional customer service. They specialize in a wide range of loan products and have a reputation for quick closings and personalized support, making them a top choice for homeowners in Money and surrounding areas. Their commitment to transparency and community involvement further solidifies their reliability.

Experience:16 years
Reviews:250 customer reviews
500 Clinton Center Dr, Clinton, MS 39056

Loan Types:

ConventionalFHAVAUSDAJumbo loans
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2

AmCap Mortgage

AmCap Mortgage, Ltd.

★★★★☆
4.5/5

AmCap Mortgage has built a stellar reputation over two decades by offering competitive mortgage solutions with a focus on customer satisfaction. They are praised for their knowledgeable loan officers, streamlined processing, and flexibility in loan options, serving clients in Money and across Mississippi. Their local expertise combined with national resources ensures tailored service for each borrower.

Experience:20 years
Reviews:180 customer reviews
100 Vision Drive, Suite 100, Flowood, MS 39232

Loan Types:

ConventionalFHAVAUSDARefinance
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3

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-tier lender renowned for its competitive rates, extensive loan portfolio, and outstanding customer service. With a significant presence in Mississippi, they provide personalized guidance and efficient processing, earning high marks for reliability and client satisfaction. Their experienced team makes them a trusted option for residents in Money and the broader region, backed by numerous industry awards and positive reviews.

Experience:28 years
Reviews:320 customer reviews
100 Trade Street, Madison, MS 39110

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Money, MS

What are the typical mortgage rates available in Money, MS?

Mortgage rates in Money, MS, are generally competitive with state averages, often slightly lower than national rates due to the rural nature of the area. As of recent trends, 30-year fixed rates typically range from 6.5% to 7%, but it's best to check with local lenders like Planters Bank & Trust or regional credit unions for the most current offers. Your specific rate will depend on credit score, loan type, and down payment.

Are there any first-time homebuyer programs specific to Money, MS?

Yes, first-time homebuyers in Money can utilize the Mississippi Home Corporation's Mortgage Credit Certificate (MCC) program, which provides a federal tax credit based on mortgage interest paid. Additionally, local lenders may offer down payment assistance programs tailored to residents of Tallahatchie County. These programs can make homeownership more affordable by reducing upfront costs and long-term expenses.

How does Money's rural location affect mortgage lending options?

Money's rural designation makes buyers eligible for USDA loans, which offer 100% financing with no down payment required—a significant advantage for eligible borrowers. Lenders in the area are also familiar with properties that may have well and septic systems, which can require additional inspections but are common in this region. This rural status expands accessible loan programs beyond conventional options.

What should I know about property taxes when getting a mortgage in Money, MS?

Tallahatchie County, where Money is located, has relatively low property tax rates compared to national averages, which can help keep your monthly mortgage payments more affordable. When calculating your mortgage payment, lenders will include these taxes in your escrow account. Current rates are approximately 0.6-0.8% of assessed value, but consult the Tallahatchie County Tax Assessor for exact figures.

Are there local lenders in Money that understand the specific market conditions?

While Money itself is a small community, several established local lenders in nearby communities like Greenwood and Charleston have extensive experience with the Tallahatchie County real estate market. Institutions like Bank of Commerce and Community Bank of Mississippi understand local property values, which tend to be more moderate than urban areas, and can provide personalized service for Money homebuyers.

Mortgage Insights

Finding Your Financial Guide: Why a Local Home Loan Agent in Money, MS is Your Best Move

Searching for "home loan agents near me" in Money, Mississippi, is more than just finding a convenient office location. It's about partnering with a professional who understands the unique rhythm of our local real estate market and can navigate the financial pathways specific to our corner of the Delta. While Money is a small, tight-knit community, the home buying process brings big questions, and a local agent is your key to answering them with expertise that national call centers simply can't match.

The Money housing market has its own character. You might be looking at a historic property, a parcel of land with agricultural potential, or a family home that has been in the community for generations. A home loan agent based in or familiar with Tallahatchie County understands these property types. They know how appraisers view them, what unique insurance considerations might arise, and how to structure a loan that fits. They have relationships with local appraisers and title companies, ensuring your process moves smoothly without unnecessary delays that can happen when working with someone unfamiliar with our area.

From a practical standpoint, starting your search locally is smart. Ask for recommendations at the Money Post Office or from neighbors at Fred's. Personal referrals here carry significant weight. When you meet with a potential agent, don't just ask about interest rates—ask about their experience with Mississippi-specific programs. A top local agent will be well-versed in the Mississippi Home Corporation (MHC) programs, such as the Smart6 Solution or HFA Preferred loans. These programs often offer competitive interest rates, down payment assistance, and favorable terms for first-time and repeat homebuyers across Mississippi, which can be a game-changer for qualifying buyers in our area.

Your actionable advice is this: Interview at least two or three local loan agents. Come prepared with questions like, "How many loans have you closed in Tallahatchie County in the last year?" and "Which MHC down payment assistance program do you think I might qualify for based on my situation?" A good agent will want to educate you, not just push paperwork. They should explain how factors like well and septic systems (common in our rural area) might affect the loan process compared to city sewer and water.

Finally, remember that a local agent's value extends beyond the closing table. They are invested in the community's well-being. They want to see you succeed in your new home because your success is the community's success. By choosing a home loan agent near you in Money, you're not just getting a mortgage expert; you're gaining a knowledgeable guide who can help you plant firm financial roots right here at home.

Nearby Cities

Explore mortgage lenders in cities near Money, MS

Why Choose a Mortgage Lender in Money?

Local Market Knowledge

Lenders who understand Money'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 Money and get competitive rates on your home loan.