The Best Mortgage Lenders in Neely, MS
Compare verified mortgage lenders serving Neely, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Neely
Featured Mortgage Lenders
Keesler Federal Credit Union
Keesler Federal Credit Union
Keesler Federal Credit Union is one of Mississippi's most respected financial institutions with a strong presence throughout the state, including service to Neely residents. With nearly 80 years of experience, they offer highly competitive mortgage rates and exceptional member service. Their mortgage team specializes in first-time homebuyer programs and offers personalized guidance through the entire loan process. As a credit union, they prioritize member satisfaction over profits, resulting in consistently high customer ratings and loyalty.
Loan Types:
Trustmark National Bank
Trustmark National Bank
Trustmark National Bank is a well-established regional bank with deep roots in Mississippi and comprehensive mortgage services available to Neely residents. With over a century of service, Trustmark offers local decision-making and personalized mortgage solutions. Their mortgage officers have extensive knowledge of Mississippi's rural and suburban housing markets, providing competitive rates and flexible terms. The bank's strong community presence and commitment to customer service make them a top choice for home financing in the area.
Loan Types:
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation - Hattiesburg
Fairway Independent Mortgage Corporation has a highly-rated local branch in Hattiesburg that actively serves the Neely area. Known for exceptional customer service and competitive rates, Fairway consistently ranks among the top mortgage lenders nationally. Their local loan officers provide personalized attention and expertise in Mississippi's unique housing market, offering a wide range of loan products with streamlined processing. The company's strong emphasis on technology and customer communication ensures a smooth mortgage experience from application to closing.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Neely, MS
What are the current average mortgage rates for homebuyers in Neely, MS?
Mortgage rates in Neely typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates in Greene County generally range from 6.5% to 7.25%, though rural properties might see slightly higher rates. It's best to check with local lenders like Community Bank or The Citizens Bank for the most accurate, personalized rates.
Are there any first-time homebuyer programs specifically available in Neely?
Yes, the Mississippi Home Corporation offers several statewide programs that Neely residents can access, including the MCC and HDA Preferred programs which provide down payment assistance and competitive interest rates. Additionally, some local lenders may offer special first-time buyer incentives, so it's worth discussing options with Community Bank of Leakesville, which serves the Neely area.
How does Neely's rural location affect the mortgage approval process?
Neely's rural classification can impact lending as some lenders may have stricter requirements for properties in less populated areas. USDA loans are particularly advantageous here since Greene County qualifies for USDA rural development loans, which offer 100% financing. However, appraisals might take longer due to fewer comparable sales in the immediate area.
What types of properties are most common for mortgage financing in Neely?
Most mortgage financing in Neely involves single-family homes on larger lots and some manufactured homes, though financing for the latter can be more complex. Traditional site-built homes typically qualify for conventional, FHA, and USDA loans, while manufactured homes may require specific programs and often need to meet HUD title and foundation requirements.
Are property taxes in Neely typically included in mortgage escrow accounts?
Yes, most lenders in Neely will include Greene County property taxes in your monthly mortgage payment through an escrow account. Greene County has relatively low property tax rates compared to national averages, which helps keep overall housing costs manageable. Your lender will calculate and collect these payments along with your principal, interest, and insurance.
Why Choose a Mortgage Lender in Neely?
Local Market Knowledge
Lenders who understand Neely'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 Neely and get competitive rates on your home loan.