SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Tylertown, MS

The Best Mortgage Lenders in Tylertown, MS

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

3
Top Lenders
4.8
Avg Rating
527+
Reviews
9
Loan Types

Available Loan Programs in Tylertown

Conventional
FHA
VA
USDA
Construction
Refinance
Land Loans
Home Equity
Jumbo

Featured Mortgage Lenders

1

The First Bank

The First Bank

★★★★☆
4.8/5

As the primary local bank headquartered directly in Tylertown, The First Bank offers exceptional personalized mortgage services with deep community roots. With over a century of operation, they provide local underwriting decisions and relationship-based lending that understands the unique needs of Walthall County residents. Their mortgage specialists live and work in the community, offering competitive rates and flexible terms for first-time homebuyers, agricultural properties, and residential construction loans.

Experience:120 years
Reviews:85 customer reviews
200 E Church St, Tylertown, MS 39667

Loan Types:

ConventionalFHAVAUSDAConstructionRefinance
Visit Website
2

Magnolia State Bank

Magnolia State Bank

★★★★☆
4.7/5

Serving Tylertown and Walthall County from their nearby Magnolia location, this established community bank has built a strong reputation for mortgage lending throughout Southwest Mississippi. They offer local decision-making and personalized service with competitive rates on various loan programs. Their experienced loan officers specialize in rural property financing and understand the local real estate market dynamics, making them an excellent choice for Tylertown area homebuyers seeking traditional banking relationships.

Experience:118 years
Reviews:92 customer reviews
104 Front St, Magnolia, MS 39652

Loan Types:

ConventionalFHAVAUSDALand LoansHome Equity
Visit Website
3

Churchill Mortgage

Churchill Mortgage Corporation

★★★★☆
4.9/5

While not locally headquartered, Churchill Mortgage maintains a strong presence throughout Mississippi with exceptional customer satisfaction ratings. They specialize in providing comprehensive mortgage education and guidance through the entire home buying process. Their loan officers serving the Tylertown area are known for transparent communication, competitive rates, and efficient processing. Churchill is particularly strong with VA loans and first-time homebuyer programs, offering digital convenience combined with personalized service for Tylertown residents.

Experience:30 years
Reviews:350 customer reviews
Serving Tylertown and surrounding areas

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Tylertown, MS

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

Current mortgage rates in Tylertown typically run slightly below national averages, with 30-year fixed rates generally ranging from 6.25% to 7% depending on credit score and loan type. Local lenders like Planters Bank and The Citizens Bank often offer competitive rates specifically for Walthall County residents. It's best to compare rates from multiple local lenders as they may have special programs for rural areas like ours.

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

Yes, Tylertown homebuyers can access the Mississippi Home Corporation's Mortgage Credit Certificate program, which provides a federal tax credit. Additionally, local lenders often participate in USDA Rural Development loans, which are particularly beneficial for Tylertown given our rural designation. These programs can offer low down payments and below-market interest rates for qualifying buyers.

How does Tylertown's rural location affect mortgage options?

Tylertown's rural classification makes many residents eligible for USDA loans, which require no down payment and offer competitive rates. Local appraisals may also consider different factors than urban areas, such as well and septic systems rather than municipal utilities. Many lenders familiar with Walthall County understand these rural considerations and can guide you through the specific requirements.

What should I know about property taxes when getting a mortgage in Tylertown?

Walthall County property taxes are relatively low compared to national averages, typically around 0.6-0.8% of assessed value. Your mortgage lender will include these taxes in your monthly escrow payment. It's important to note that Tylertown properties may qualify for Mississippi's homestead exemption, which can significantly reduce your tax burden if the home is your primary residence.

Are there local down payment assistance programs for Tylertown homebuyers?

Yes, through the Mississippi Home Corporation, Tylertown buyers may qualify for down payment assistance grants and second mortgage programs. Local lenders often have information about community-specific programs, and some work with the Walthall County Development Authority on housing initiatives. These programs can provide thousands of dollars in assistance for qualifying income levels and property types.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Broker is Your Secret Weapon in Tylertown

Searching for a "home loan broker near me" in Tylertown isn't just about convenience; it's a strategic move for any savvy homebuyer in our tight-knit Mississippi community. While online lenders are a click away, the unique dynamics of our local market demand a professional who knows the lay of the land—literally and financially. A Tylertown-based broker isn't just a finance expert; they're a neighbor who understands the value of a home on Pecan Street versus one closer to the Walthall County schools, and how that translates to loan approval and appraisal.

In a smaller, rural market like ours, properties can be diverse—from historic homes in the town center to larger acreages on the outskirts. A local broker has established relationships with appraisers who truly understand these property values, which is crucial for a smooth loan process. They’re also tuned into the financial heartbeat of our area, knowing which local and regional lenders are most receptive to loans in Walthall County and what their specific underwriters are looking for. This insider knowledge can mean the difference between a delayed closing and a seamless path to your new front porch.

For Tylertown buyers, here’s your actionable plan. First, seek referrals. Ask your real estate agent, friends, or family who have recently purchased locally for broker recommendations. Experience with Mississippi's specific programs is key. When you interview a potential broker, ask them directly: "What Mississippi-specific homebuyer programs can I leverage?" A proficient local broker will immediately discuss options like the Mississippi Home Corporation (MHC) Mortgage Program. MHC offers competitive interest rates, down payment assistance, and tax credits for eligible buyers, which can be a game-changer for first-time and repeat buyers alike in our area. They should also be well-versed in USDA Rural Development loans, a potentially perfect fit for many properties in and around Tylertown, offering zero-down-payment options for qualified buyers in designated rural areas.

Your broker should also guide you on regional considerations, such as factoring in Mississippi's relatively low property taxes into your overall budget, or ensuring your homeowners insurance account for our weather patterns. Their advice will be grounded in reality, not just theory.

Ultimately, your Tylertown home loan broker should feel like a trusted partner. They’ll translate the complex world of mortgage products into a clear, personalized strategy that aligns with your budget and our market. Don't just search for a broker "near you"; look for one who is *of* this community. By choosing a local professional, you're not just getting a loan—you're gaining a knowledgeable advocate who will help you invest wisely in the place we call home. Start those conversations locally, and unlock the door to your Tylertown home with confidence.

Nearby Cities

Explore mortgage lenders in cities near Tylertown, MS

Why Choose a Mortgage Lender in Tylertown?

Local Market Knowledge

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