SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Picayune, MS

The Best Mortgage Lenders in Picayune, MS

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

3
Top Lenders
4.7
Avg Rating
730+
Reviews
7
Loan Types

Available Loan Programs in Picayune

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time homebuyer programs

Featured Mortgage Lenders

1

New American Funding

New American Funding, LLC

★★★★☆
4.7/5

New American Funding is a highly-rated mortgage lender with a strong regional presence in Mississippi, including service to Picayune. Known for competitive rates and exceptional customer service, they offer a wide range of loan products and have numerous positive reviews highlighting their efficiency, transparency, and support for first-time homebuyers. Their local Hattiesburg office ensures personalized attention for clients in the Pearl River County area.

Experience:20 years
Reviews:250 customer reviews
5000 U.S. Highway 49, Hattiesburg, MS 39401

Loan Types:

ConventionalFHAVAUSDAJumbo
Visit Website
2

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is a top-ranked lender with deep roots in the Gulf Coast region, serving Picayune through its nearby Gulfport office. They are praised for their personalized approach, extensive loan options, and high customer satisfaction scores. Reviews often mention their knowledgeable loan officers and seamless closing processes, making them a reliable choice for homebuyers in southern Mississippi.

Experience:27 years
Reviews:300 customer reviews
12175 Highway 49, Gulfport, MS 39503

Loan Types:

ConventionalFHAVAUSDARefinance
Visit Website
3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage is a reputable lender with a growing presence in Mississippi, including service to Picayune from their Hattiesburg location. They are known for competitive rates, fast processing times, and a strong commitment to community involvement. Customer reviews frequently highlight their responsive service and expertise in various mortgage types, making them a trusted option for home financing in the area.

Experience:15 years
Reviews:180 customer reviews
1000 Turtle Creek Dr, Hattiesburg, MS 39402

Loan Types:

ConventionalFHAVAJumboFirst-time homebuyer programs
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Picayune, MS

What are the current mortgage rates like in Picayune, MS?

Mortgage rates in Picayune typically align with national averages but can vary slightly based on local lenders and market conditions. As of recent trends, rates for 30-year fixed mortgages in the area generally range from the mid-6% to low-7% range. It's advisable to compare offers from local credit unions like Keesler Federal Credit Union and regional banks for competitive pricing.

Are there any first-time homebuyer programs specifically available in Picayune?

Yes, Picayune homebuyers can access the Mississippi Home Corporation's Mortgage Credit Certificate program, which provides a federal tax credit. Additionally, the City of Picayune occasionally offers down payment assistance programs for qualified buyers. Local lenders are well-versed in these programs and can help determine eligibility based on income and property location requirements.

How does Picayune's flood zone designation affect mortgage requirements?

Given Picayune's location in Pearl River County, many properties require flood insurance, which mortgage lenders typically mandate for homes in designated flood zones. Your lender will order a flood certification during the mortgage process, and if your property is in a Special Flood Hazard Area, you'll need to purchase flood insurance before closing, adding to your monthly housing costs.

What types of properties are most common in Picayune's mortgage market?

Picayune's mortgage market primarily consists of single-family homes, many of which are older properties built before 1980. You'll also find manufactured homes on permanent foundations, which many local lenders will finance with specific loan programs. Recent new construction in developing subdivisions like The Preserve also represents a growing segment of the local mortgage market.

How long does the mortgage approval process typically take in Picayune?

The mortgage timeline in Picayune generally runs 30-45 days from application to closing, similar to national averages. However, working with local lenders who understand the area's specific appraisal requirements and title processes can sometimes streamline the timeline. Seasonal factors, particularly during peak summer buying season, may extend this timeframe slightly.

Mortgage Insights

Finding Your Perfect Mortgage Match: Why a Picayune Independent Broker is Your Best Bet

Searching for an "independent mortgage broker near me" in Picayune is more than just finding a loan officer; it's about finding a local guide who understands the unique character of our housing market. While big banks offer a one-size-fits-all approach, an independent broker based right here in Pearl River County provides a personalized pathway to homeownership, tailored to the rhythms of our community.

Picayune’s market presents a distinct opportunity. We enjoy a blend of affordable, family-sized homes, rural properties with land, and a slower pace of life that draws buyers from larger metropolitan areas. However, navigating this market requires local insight. An independent broker living and working in our area understands the nuances of different neighborhoods, from the established streets near Crosby Commons to newer developments. They have firsthand knowledge of property values, well and septic considerations common in the county, and how local factors can influence an appraisal. This isn't just about numbers on a screen; it's about understanding the fabric of the home you're buying.

For you, the Picayune homebuyer, this local expertise translates into practical advantages. An independent broker isn't limited to the products of a single bank. They have access to a wide network of lenders, including regional and national banks, credit unions, and portfolio lenders. This is crucial for finding the right fit, whether you're a first-time buyer looking at a charming fixer-upper off Goodyear Boulevard, a veteran utilizing a VA loan, or someone purchasing acreage that doesn't fit a conventional "cookie-cutter" mold. They can shop rates on your behalf, potentially saving you thousands over the life of your loan.

Mississippi also offers specific programs that a knowledgeable local broker can help you leverage. The Mississippi Home Corporation (MHC) provides valuable resources like the MCC Tax Credit, which can reduce your federal tax liability, and down payment assistance programs for eligible buyers. A Picayune-based broker will be well-versed in these state-specific opportunities and can determine if you qualify, seamlessly integrating them with your chosen mortgage product.

Your actionable first step? Look beyond the generic online search. Ask for referrals from your local real estate agent, friends, or family who have recently purchased a home here. When you speak with a broker, ask them pointed questions: "How many loans have you closed in Pearl River County in the last year?" "Which lenders do you frequently work with that are familiar with appraisals in our area?" "Can you explain how MHC programs might apply to my situation?" Their answers will reveal their depth of local experience.

In a town like Picayune, relationships matter. Partnering with an independent mortgage broker means choosing an advocate who is invested in your success and the success of our community. They’ll help you cross the finish line with a mortgage that makes sense for your new life right here at home.

Nearby Cities

Explore mortgage lenders in cities near Picayune, MS

Why Choose a Mortgage Lender in Picayune?

Local Market Knowledge

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