The Best Mortgage Lenders in Pearlington, MS
Compare verified mortgage lenders serving Pearlington, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Pearlington
Featured Mortgage Lenders
Trustmark Mortgage Team
Trustmark National Bank
Trustmark National Bank is one of Mississippi's most established and trusted financial institutions with a strong presence throughout the Gulf Coast region. Their mortgage division has exceptional ratings for personalized service and competitive rates, particularly for first-time homebuyers and investment properties. With multiple branches serving Hancock County, they have deep local market knowledge and offer a comprehensive range of mortgage products with the reliability of a community-focused bank that has served Mississippi for over 130 years.
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Keesler Federal Mortgage Division
Keesler Federal Credit Union
Keesler Federal Credit Union consistently ranks as one of the top mortgage lenders in the Mississippi Gulf Coast region, serving Pearlington residents with exceptional customer satisfaction ratings. They specialize in VA loans and first-time homebuyer programs, offering highly competitive rates and personalized guidance throughout the mortgage process. As a member-owned financial cooperative, they prioritize member service over profits, resulting in consistently high satisfaction ratings and a reputation for making the mortgage process straightforward and transparent.
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Magnolia State Bank Mortgage
Magnolia State Bank
Magnolia State Bank has built an outstanding reputation for mortgage lending throughout Hancock County and the Mississippi Gulf Coast. Their local mortgage specialists provide personalized service with deep knowledge of Pearlington's unique real estate market, including flood zone considerations and rural property financing. They excel at construction loans and lot financing, making them an excellent choice for custom home builds in the area. Their community-focused approach and local decision-making authority allow for faster processing and more flexible underwriting than many larger institutions.
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Frequently Asked Questions
Common questions about mortgage lending in Pearlington, MS
What are the current mortgage rates like in Pearlington, MS compared to the national average?
Mortgage rates in Pearlington typically align closely with national averages, but local lenders may offer competitive rates due to the area's lower cost of living. Currently, rates in Pearlington range from 6.5% to 7.2% for 30-year fixed mortgages, though this can vary based on credit score and loan type. It's advisable to compare offers from both local Mississippi lenders and national institutions.
Are there any first-time homebuyer programs specifically available in Pearlington?
Yes, Pearlington homebuyers can access the Mississippi Home Corporation's Mortgage Credit Certificate program, which provides a federal tax credit. Additionally, the Hancock County Homebuyer Assistance Program offers down payment assistance for qualified buyers in Pearlington. These programs are particularly valuable given Pearlington's median home prices being below state averages.
How does Pearlington's flood zone designation affect mortgage requirements?
Given Pearlington's location near the Pearl River and Gulf Coast, most properties require flood insurance, which lenders will mandate for mortgage approval. Flood zone determinations (typically Zone AE or X) significantly impact both insurance costs and property eligibility. Your lender will help determine the specific requirements and costs for your chosen property.
What types of properties are most common in Pearlington's mortgage market?
Pearlington's mortgage market primarily consists of single-family homes, many of which are older properties with unique character. You'll find a mix of riverfront properties, manufactured homes on permanent foundations, and traditional residential homes. Each property type has different lending considerations, particularly regarding age, condition, and flood insurance requirements.
Are there special mortgage considerations for purchasing property in Pearlington's historic district?
Properties in Pearlington's historic areas may qualify for rehabilitation loans like the FHA 203(k) or special historic preservation programs. However, these properties often require additional inspections and may have stricter appraisal requirements. Local lenders familiar with Pearlington's historic homes can guide you through the specific financing options available.
Nearby Cities
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Why Choose a Mortgage Lender in Pearlington?
Local Market Knowledge
Lenders who understand Pearlington'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 Pearlington and get competitive rates on your home loan.