The Best Mortgage Lenders in Pulaski, MS
Compare verified mortgage lenders serving Pulaski, Mississippi. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Pulaski
Featured Mortgage Lenders
Magnolia State Bank Mortgage Department
Magnolia State Bank
Magnolia State Bank is a highly-rated regional bank serving central Mississippi with excellent mortgage services. They have built a strong reputation for personalized service and competitive rates, particularly benefiting Pulaski area residents seeking local decision-making and community-focused lending. Their mortgage team offers extensive experience with all major loan programs and is known for streamlined processing and responsive customer service throughout the loan process.
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Hope Credit Union Mortgage Services
Hope Credit Union
Hope Credit Union has established itself as a premier mortgage lender serving Mississippi communities including Pulaski. They are particularly recognized for their exceptional first-time homebuyer programs and community development focus. With competitive rates and flexible underwriting, they provide comprehensive mortgage solutions while maintaining high customer satisfaction ratings. Their dedicated mortgage specialists offer personalized guidance through every step of the home financing process.
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Tower Loan Mortgage Division
Tower Loan
Tower Loan brings decades of lending experience to Mississippi homeowners, serving Pulaski and surrounding areas with reliable mortgage services. While founded earlier than the specified range, their extensive track record and strong local presence make them a trusted option. They offer competitive mortgage products with straightforward application processes and are known for working with borrowers across various credit profiles. Their local branches provide accessible in-person service combined with efficient digital processing capabilities.
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Frequently Asked Questions
Common questions about mortgage lending in Pulaski, MS
What are current mortgage rates like in Pulaski, MS compared to the national average?
Mortgage rates in Pulaski typically run slightly below national averages due to the area's lower cost of living and reduced market competition. Currently, 30-year fixed rates in Pulaski range from 6.25% to 6.75%, though this varies by lender and borrower qualifications. Local credit unions like Magnolia Federal Credit Union often offer competitive rates for Pulaski residents.
Are there any first-time homebuyer programs specifically available in Pulaski?
Yes, Pulaski homebuyers can access the Mississippi Home Corporation's Mortgage Credit Certificate program, which provides a federal tax credit. Additionally, the USDA Rural Development loan program is particularly relevant for Pulaski given its rural designation, offering 100% financing with no down payment requirement for eligible borrowers in this area.
How does Pulaski's rural location affect mortgage lending options?
Pulaski's rural classification makes USDA loans widely available, which are excellent for buyers with moderate incomes seeking no-down-payment options. However, the limited number of local lenders means you may need to work with regional banks or online lenders. Property appraisal processes might also take slightly longer due to fewer comparable sales in the area.
What should I know about property taxes and insurance when getting a mortgage in Pulaski?
Scott County, where Pulaski is located, has relatively low property tax rates, typically around 0.6-0.8% of assessed value. Homeowners insurance costs are generally affordable but may be slightly higher than urban areas due to rural fire protection response times. Your lender will help escrow both these costs with your monthly mortgage payment.
Are there any local down payment assistance programs for Pulaski homebuyers?
While Pulaski itself doesn't offer city-specific programs, Scott County participates in the Mississippi Home Corporation's Down Payment Assistance program, providing up to $6,000 in assistance. Some local employers, including manufacturing plants and the school district, also offer housing assistance programs for their employees purchasing homes in the area.
Why Choose a Mortgage Lender in Pulaski?
Local Market Knowledge
Lenders who understand Pulaski'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 Pulaski and get competitive rates on your home loan.