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Prentiss, MS

The Best Mortgage Lenders in Prentiss, MS

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

3
Top Lenders
4.6
Avg Rating
790+
Reviews
10
Loan Types

Available Loan Programs in Prentiss

FHA
VA
USDA
Conventional
Jumbo
Refinance
First-Time Homebuyer
New Construction
ARM
Down Payment Assistance

Featured Mortgage Lenders

1

Mortgage Department

Fairway Independent Mortgage Corporation

★★★★☆
4.7/5

Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With nearly three decades of experience, they have a strong presence in Mississippi and specialize in various loan programs, including government-backed options. Their high ratings stem from personalized service, fast processing times, and a commitment to community involvement, making them a reliable choice for homebuyers in Prentiss and surrounding areas.

Experience:28 years
Reviews:320 customer reviews
4500 Old Canton Road Suite 100, Jackson, MS 39211

Loan Types:

FHAVAUSDAConventionalJumboRefinanceFirst-Time Homebuyer
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2

Mortgage Team

Movement Mortgage

★★★★☆
4.6/5

Movement Mortgage is highly regarded for its efficient loan processing and customer-centric approach. Founded in 2008, they have built a reputation for transparency and competitive pricing, with a focus on serving rural and suburban communities like Prentiss. Their extensive loan options and strong online reviews highlight their reliability and dedication to making home financing accessible and straightforward.

Experience:16 years
Reviews:280 customer reviews
1018 Highland Colony Parkway Suite 100, Ridgeland, MS 39157

Loan Types:

ConventionalFHAVAUSDARefinanceNew Construction
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3

Lending Services

New American Funding

★★★★☆
4.5/5

New American Funding stands out for its diverse loan products and efforts to support underserved communities, including those in Prentiss. With over two decades in business, they offer competitive rates and personalized service, backed by high customer satisfaction ratings. Their focus on innovation and community outreach ensures a smooth mortgage experience, making them a trusted lender in Mississippi.

Experience:21 years
Reviews:190 customer reviews
1601 Lakeland Drive Suite 201, Jackson, MS 39216

Loan Types:

FHAVAConventionalJumboARMRefinanceDown Payment Assistance
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Frequently Asked Questions

Common questions about mortgage lending in Prentiss, MS

What are the current average mortgage rates for homebuyers in Prentiss, MS?

Mortgage rates in Prentiss typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates hover around 6.5-7% in the area, though rural properties might see slightly higher rates. It's best to check with local banks like Bank of Prentiss or regional credit unions for the most competitive rates.

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

Yes, Prentiss homebuyers can access the Mississippi Home Corporation's Home in 5 program, which offers down payment assistance and competitive rates. Additionally, the USDA Rural Development loan program is particularly relevant since Prentiss qualifies as a rural area, offering 100% financing options for eligible buyers.

How does Prentiss's rural location affect mortgage lending requirements?

Prentiss's rural classification actually provides advantages through USDA loans, which require no down payment for qualified buyers. However, some lenders may require additional property inspections for rural homes, and appraisals might take longer due to fewer comparable sales in the area compared to urban markets.

What types of properties in Prentiss typically qualify for USDA rural housing loans?

Most single-family homes in and around Prentiss qualify for USDA loans since the entire area is designated rural. This includes existing homes, new construction, and even some manufactured homes that meet USDA's permanent foundation requirements. The property must be located within USDA's designated rural area map for Jefferson Davis County.

Are property taxes in Prentiss typically included in mortgage escrow accounts?

Yes, most lenders in Prentiss include Jefferson Davis County property taxes in escrow accounts, which helps homeowners budget for annual tax payments. Jefferson Davis County has relatively low property tax rates compared to national averages, typically around 0.6-0.8% of assessed value, making monthly payments more affordable.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent is Key to Buying in Prentiss

Searching for "home loan agents near me" is more than just finding a convenient office location in Prentiss, Mississippi. It’s about partnering with a professional who understands the unique heartbeat of our local housing market. For homebuyers looking to put down roots in Jefferson Davis County, this local expertise isn't just helpful—it's a strategic advantage.

Prentiss offers a distinct real estate landscape, characterized by its mix of historic homes, newer builds on spacious lots, and generally affordable price points compared to larger metros. A local home loan agent knows this inventory intimately. They understand how a home’s proximity to the town square, its condition given our humid climate, or its acreage can impact both its value and the type of financing that makes the most sense. They can provide realistic pre-approval amounts that truly reflect what your dollar can buy here, preventing you from looking at properties that are out of reach or, conversely, underestimating your purchasing power.

Your search for an agent should focus on those deeply embedded in the community. Start by asking for referrals from friends, family, or a trusted local real estate agent. Look for professionals who actively work in Jefferson Davis and the surrounding counties. When you speak with them, go beyond just asking about interest rates. Ask them pointed questions: "What are common appraisal challenges for older homes in Prentiss?" or "How do lenders view properties with well and septic systems common in our rural areas?" Their answers will reveal their local savvy.

There are also Mississippi-specific programs a knowledgeable agent can help you navigate. The Mississippi Home Corporation (MHC) offers valuable resources like the MHC Advantage loan, which provides competitive interest rates and down payment assistance for eligible buyers. A Prentiss-based agent will be familiar with these programs and can clarify if you qualify, potentially making homeownership significantly more accessible. They’ll also be well-versed in USDA Rural Development loans, a highly relevant option for many properties in and around Prentiss, which offer 100% financing for qualified buyers in designated rural areas.

Take actionable steps by interviewing two or three local candidates. Prepare a list of your financial details and your homeownership goals. A great local agent will listen to your vision—whether it’s a fixer-upper on a quiet street or a move-in-ready home—and translate that into a clear, executable financing plan. They’ll be your advocate with underwriters, explaining the nuances of our market, and will likely have working relationships with local appraisers and title companies, smoothing the entire process.

In a close-knit community like ours, the right home loan agent does more than process paperwork. They become a trusted advisor, helping you unlock the door to a home in Prentiss with confidence and local insight. Your search for an expert "near me" is the first smart step toward calling Prentiss home.

Nearby Cities

Explore mortgage lenders in cities near Prentiss, MS

Why Choose a Mortgage Lender in Prentiss?

Local Market Knowledge

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