The Best Mortgage Lenders in Overton, NV
Compare verified mortgage lenders serving Overton, Nevada. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Overton
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage
Movement Mortgage is a highly-rated national lender with a strong local presence in the Las Vegas Valley, serving Overton and surrounding areas. Known for its competitive rates and exceptional customer service, the company specializes in a wide range of loan products, including USDA loans which are relevant for rural areas like Overton. With a 4.9-star rating from hundreds of reviews, they are praised for their efficient processing, transparent communication, and community involvement in Nevada. Their experienced loan officers provide personalized service, making them a top choice for homebuyers in Clark County.
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Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage has built a reputation as one of the top mortgage lenders in Nevada, with extensive experience serving Overton and the greater Clark County area. They offer a comprehensive suite of loan options, including specialized programs for first-time homebuyers and competitive refinancing rates. With a 4.8-star rating based on nearly 300 reviews, customers highlight their reliability, fast closings, and knowledgeable staff. Founded in 1996, they combine decades of industry expertise with a commitment to local communities, ensuring high customer satisfaction and tailored solutions for diverse borrowing needs.
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New American Funding
New American Funding
New American Funding is a respected national lender with a significant footprint in Nevada, providing reliable mortgage services to Overton residents. They are acclaimed for their diverse loan portfolio, including government-backed loans and innovative products like their "I CAN" mortgage program. Boasting a 4.7-star rating from nearly 200 reviews, they are recognized for their responsive customer support, competitive rates, and efforts to promote homeownership in underserved areas. Established in 2003, they bring over two decades of expertise, focusing on personalized service and financial education to help clients navigate the home buying process smoothly.
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Frequently Asked Questions
Common questions about mortgage lending in Overton, NV
What are the typical down payment requirements for homes in Overton, NV, given its more rural setting?
While standard loans often require 3-5% down, many homes in Overton's market are eligible for USDA Rural Development loans, which offer 0% down payment options for qualified buyers in designated rural areas. This is a significant advantage for purchasing in Overton, as most of the town qualifies. Local lenders are very familiar with this program and can guide you through the income and property eligibility requirements.
Are there any Nevada or Clark County-specific first-time homebuyer programs accessible to Overton residents?
Yes, the Nevada Housing Division offers the Home Is Possible (HIP) program, which provides down payment assistance and competitive interest rates for first-time and repeat buyers. This program is available statewide, including in Overton. Additionally, the Clark County Home Ownership Program may offer supplementary assistance, so it's wise to consult with a lender experienced in these state and local incentives.
How does the appraisal process work for a unique property near the Valley of Fire or with land in Overton?
Appraising unique or rural properties in Overton requires an appraiser with specific local expertise. Lenders will order an appraisal that considers the value of the land, any outbuildings, and comparable sales in the wider Moapa Valley area, which can be limited. Be prepared for a potentially longer process and ensure your lender uses appraisers familiar with the North Las Vegas/ rural Clark County market to get an accurate valuation.
What should I know about property taxes and insurance when getting a mortgage in Overton?
Property taxes in Overton are part of Clark County and are generally lower than in the Las Vegas metro area, which can positively impact your debt-to-income ratio. However, you must budget for higher hazard insurance premiums due to the increased wildfire risk in the surrounding desert landscape. Your lender will require an escrow account to pay both of these costs as part of your monthly mortgage payment.
Is it harder to get a mortgage for a manufactured home in Overton, and what are the options?
Financing manufactured homes in Overton is common but has specific rules. The home must be permanently affixed to a foundation and classified as real property. Options include FHA, VA, and USDA loans, but conventional financing may be more restrictive. Working with a local lender or broker who has experience with the many manufactured home communities in the area is crucial to navigate the specific title and appraisal requirements successfully.
Why Choose a Mortgage Lender in Overton?
Local Market Knowledge
Lenders who understand Overton'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 Nevada.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Overton and get competitive rates on your home loan.