The Best Mortgage Lenders in Moselle, MS
Compare verified mortgage lenders serving Moselle, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Moselle
Featured Mortgage Lenders
Keesler Federal Credit Union
Keesler Federal Credit Union
Keesler Federal Credit Union is one of Mississippi's most trusted financial institutions with a strong presence throughout the southern region. While headquartered in Biloxi, they serve members across Mississippi including the Moselle area. With nearly 80 years of experience, they offer competitive mortgage rates and personalized service. Their high rating reflects exceptional customer satisfaction, and they provide comprehensive mortgage solutions including specialized VA loans that are particularly valuable in Mississippi's military communities.
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The First Bank
The First, A National Banking Association
The First Bank has deep roots in South Mississippi with over a century of service to communities like Moselle. As a community-focused bank headquartered in nearby Hattiesburg, they understand the local real estate market and provide personalized mortgage solutions. Their long-standing reputation for reliability and competitive rates makes them a top choice for homebuyers in the Moselle area. They offer specialized construction and lot loans that are particularly valuable in developing areas.
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Mortgage Solutions of Mississippi
Mortgage Solutions of Mississippi, LLC
Mortgage Solutions of Mississippi is a highly-rated local mortgage broker serving the Moselle area from their Hattiesburg location. They excel at finding the best loan products from multiple lenders to secure optimal terms for borrowers. Their nearly perfect rating reflects outstanding customer service and expertise in navigating various loan programs. As a local company, they provide personalized attention and deep knowledge of the South Mississippi housing market, making them particularly valuable for first-time homebuyers and those seeking specialized financing.
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Frequently Asked Questions
Common questions about mortgage lending in Moselle, MS
What are the current average mortgage rates for homebuyers in Moselle, MS?
Mortgage rates in Moselle typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates in the area range from 6.5% to 7.2%, while FHA and VA loans often offer slightly lower rates. It's best to compare offers from local credit unions like Keesler Federal Credit Union and regional banks serving Jones County for the most competitive terms.
Are there any first-time homebuyer programs specifically available in Moselle?
Yes, Moselle residents 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 can be combined with FHA or conventional loans. Local lenders familiar with these programs can help you determine eligibility based on income and purchase price limits in Jones County.
How does Moselle's rural location affect mortgage lending options?
Moselle's rural designation makes buyers eligible for USDA Rural Development loans, which offer 100% financing with no down payment requirement. These loans are particularly advantageous given Moselle's location outside metropolitan areas and can include lower mortgage insurance costs than conventional options. Many local agricultural lenders also understand the unique property types common in this area.
What special considerations should I know about when getting a mortgage for older homes in Moselle?
Many homes in Moselle were built before 1978, so lead-based paint disclosures and potential renovation financing become important considerations. FHA 203(k) rehabilitation loans can be valuable for updating older properties while keeping them affordable. Local appraisers familiar with Jones County's older housing stock can provide accurate valuations that reflect the true market value of these character homes.
How do property taxes in Moselle impact mortgage affordability?
Jones County has relatively low property tax rates compared to national averages, with Moselle residents benefiting from this affordability. Current rates are approximately 0.6-0.8% of assessed value, which helps keep overall monthly mortgage payments manageable. Your lender will include these taxes in your escrow calculations, but the lower rates mean more of your payment goes toward principal and interest rather than taxes.
Why Choose a Mortgage Lender in Moselle?
Local Market Knowledge
Lenders who understand Moselle'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 Moselle and get competitive rates on your home loan.