The Best Mortgage Lenders in Moss Point, MS
Compare verified mortgage lenders serving Moss Point, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Moss Point
Featured Mortgage Lenders
Keesler Federal Credit Union
Keesler Federal Credit Union
As one of Mississippi's largest and most trusted credit unions, Keesler Federal has been serving the Gulf Coast region including Moss Point for over 75 years. They consistently earn exceptional ratings for their personalized mortgage services, competitive rates, and deep community commitment. Their mortgage specialists provide comprehensive guidance through every step of the home financing process, with particular expertise in VA loans beneficial to the military community in the area.
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Guild Mortgage Company
Guild Mortgage Company - Gulfport Branch
Guild Mortgage has established a strong presence along the Mississippi Gulf Coast with their Gulfport branch serving Moss Point residents. With over six decades of experience, they're renowned for their extensive loan programs and exceptional customer service. They specialize in helping first-time homebuyers and offer unique portfolio lending options. Their local loan officers have deep knowledge of the Moss Point housing market and provide personalized service throughout the mortgage process.
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The First
The First Bank
The First Bank has been a cornerstone of Mississippi's banking community for over 125 years, with multiple branches serving the Moss Point area. They offer comprehensive mortgage solutions with the advantage of local decision-making and personalized service. Their experienced mortgage team provides competitive rates and flexible terms, backed by the stability of one of Mississippi's oldest and most respected financial institutions. They're particularly strong in construction lending and renovation loans.
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Frequently Asked Questions
Common questions about mortgage lending in Moss Point, MS
What are the current average mortgage rates for homebuyers in Moss Point, MS?
Mortgage rates in Moss Point typically align with national averages but can be slightly lower due to Mississippi's affordable housing market. As of recent data, 30-year fixed rates often range from 6.5% to 7%, but working with local lenders can help you find competitive rates. It's important to get multiple quotes from Moss Point credit unions and regional banks for the best terms.
Are there any first-time homebuyer programs specifically available in Moss Point?
Yes, Moss Point homebuyers can access the Mississippi Home Corporation's Mortgage Credit Certificate program, which provides a federal tax credit. Additionally, the City of Moss Point occasionally partners with state programs offering down payment assistance. These programs are particularly valuable given Moss Point's median home prices being below state averages.
How does Moss Point's flood zone designation affect mortgage requirements?
Given Moss Point's location along the Pascagoula River and coastal proximity, many properties require flood insurance for mortgage approval. Lenders will mandate a flood elevation certificate, and premiums typically range from $500-$1,500 annually depending on the property's specific flood zone. This is a crucial cost factor to include in your mortgage budgeting.
What special considerations should I know about when getting a mortgage for older homes in Moss Point's historic districts?
Mortgaging historic homes in areas like downtown Moss Point often requires specialized inspections for older electrical, plumbing, and foundation systems. Some lenders may require additional repair escrows or use renovation loans like the FHA 203(k). It's essential to work with appraisers familiar with Moss Point's historic property values.
Are there any local mortgage incentives for essential workers in Moss Point?
Yes, several Moss Point lenders offer "Heroes" programs for teachers, healthcare workers, and first responders featuring reduced closing costs or lower down payment requirements. The Mississippi Housing Corporation also provides special programs for essential workers, which can be particularly beneficial given Moss Point's significant healthcare and education employment sectors.
Why Choose a Mortgage Lender in Moss Point?
Local Market Knowledge
Lenders who understand Moss Point'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 Moss Point and get competitive rates on your home loan.