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Cary, NC

The Best Mortgage Lenders in Cary, NC

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

3
Top Lenders
4.8
Avg Rating
632+
Reviews
10
Loan Types

Available Loan Programs in Cary

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Renovation
First-time Homebuyer
Investment

Featured Mortgage Lenders

1

Jason C. Brown

Movement Mortgage

★★★★☆
4.9/5

Movement Mortgage has established itself as one of the top mortgage lenders in Cary with exceptional customer satisfaction ratings. Jason Brown's team specializes in providing personalized service with competitive rates and streamlined digital processes. They are particularly noted for their expertise with first-time homebuyer programs and military VA loans, with most loans closing in 30 days or less. Their strong local presence and commitment to community involvement make them a trusted choice in the Triangle area.

Experience:14 years
Reviews:289 customer reviews
1000 Centre Green Way Suite 200, Cary, NC 27513

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Scott D. McPherson

Atlantic Bay Mortgage Group

★★★★☆
4.8/5

Atlantic Bay Mortgage Group has been serving the Cary and greater Triangle area since 1996, building a reputation for exceptional customer service and competitive loan products. Scott McPherson's team is particularly skilled with construction and renovation loans, making them ideal for custom home projects in Cary's growing communities. They offer a wide range of loan options with personalized guidance through every step of the mortgage process, backed by their A+ BBB rating and numerous industry awards.

Experience:12 years
Reviews:187 customer reviews
1500 Sunday Drive Suite 102, Raleigh, NC 27607

Loan Types:

ConventionalFHAVAUSDAConstructionRenovation
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3

The Mortgage Firm - Cary

The Mortgage Firm

★★★★☆
4.7/5

The Mortgage Firm's Cary location has been a cornerstone of the local mortgage industry for over 15 years, offering comprehensive lending solutions with a focus on personalized service. Their team of experienced loan officers provides expertise across all loan types, with special emphasis on first-time homebuyer programs and investment property financing. They are known for their transparent communication, competitive rates, and ability to handle complex financial situations, making them a reliable choice for Cary homebuyers seeking local expertise with national lending capabilities.

Experience:15 years
Reviews:156 customer reviews
1100 Crescent Green Drive Suite 101, Cary, NC 27518

Loan Types:

ConventionalFHAVAJumboFirst-time HomebuyerInvestment
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Frequently Asked Questions

Common questions about mortgage lending in Cary, NC

Are there any special first-time homebuyer mortgage programs available in Cary, NC?

Yes, the North Carolina Housing Finance Agency (NCHFA) offers several statewide programs, like the NC Home Advantage Mortgage™ with down payment assistance, which are widely used in Cary. Additionally, some local lenders in the Triangle area may offer their own grants or special rate programs for first-time buyers, particularly for those working in essential professions like teachers or healthcare workers. It's wise to consult with a mortgage broker familiar with Cary's market to explore all local options.

How do property taxes in Cary affect my monthly mortgage payment?

Cary is located in Wake County, which has a property tax rate that is typically lower than the national average, though rates can vary slightly within specific town limits. For 2024, the combined rate is approximately 0.86% of the assessed value. Your lender will escrow these taxes, so they are included in your monthly payment, and it's a key factor in affordability calculations given Cary's higher-than-average home values.

What is the typical down payment needed for a home in Cary's competitive market?

While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Cary successfully purchase with 3-5% down using conventional loans, or 3.5% with an FHA loan. Due to strong competition, especially for move-in ready homes, a larger down payment can make your offer more attractive to sellers. Local lenders often see buyers utilizing down payment assistance programs to help bridge the gap.

Are there specific mortgage considerations for buying a home in a Cary homeowners association (HOA)?

Absolutely. A vast majority of neighborhoods in Cary have active HOAs with mandatory fees. Your lender must include these monthly or quarterly HOA dues in your debt-to-income ratio calculation, which can significantly impact how much house you qualify for. Furthermore, the lender will require a review of the HOA's financials and covenants to ensure the community is properly managed and meets loan guidelines.

How do mortgage rates in Cary, NC, compare to national averages, and what influences them locally?

Mortgage rates in Cary generally align with national averages but can be influenced by local competition among lenders in the robust Triangle market. The strong, stable local economy anchored by the Research Triangle Park (RTP) and major universities often translates to favorable lending conditions. It's beneficial to get quotes from both national banks and strong local credit unions or lenders who understand the specific appraisal nuances in Cary's neighborhoods.

Mortgage Insights

Finding Your Guide: Why a Local Cary Home Loan Agent is Your Best First Step

Searching for "home loan agents near me" in Cary is more than just finding a convenient office location. It’s about partnering with a professional who understands the unique rhythm of our local market and can navigate the specific opportunities available to North Carolina homebuyers. In a competitive and desirable area like Cary, having this local expert in your corner from the very beginning can make the difference between securing your dream home and watching it slip away.

The Cary housing market is known for its strong demand, excellent schools, and high quality of life, which often translates to competitive bidding situations. A generic online lender or a distant agent might not grasp the nuances that make an offer stand out here. A local Cary mortgage professional understands the appraisal trends in neighborhoods like Carpenter Village, Preston, or Amberly. They know which lenders are familiar with local HOAs and can process loans efficiently for the area's popular townhomes and single-family residences. This insight is invaluable when you need a pre-approval letter that carries real weight with sellers and their agents, signaling you are a serious and well-prepared buyer.

On a practical level, starting your search for a loan agent should involve looking for someone with deep roots in the Triangle community. Seek recommendations from your local real estate agent, friends, or colleagues who have recently purchased in the area. Look for agents who actively discuss Cary and Wake County market conditions on their websites or social media. When you interview potential agents, ask them specifically about their experience with contracts in our market, including how they handle due diligence and earnest money—key components of North Carolina real estate transactions.

Your local agent is also your gateway to regional homebuyer programs that can provide a crucial advantage. For example, they can guide you through the NC Home Advantage Mortgage™ program, which offers down payment assistance and competitive interest rates for qualified buyers in Cary. They’ll understand the specifics of USDA loans, which can still be applicable in certain pockets of developing areas around Wake County, and can advise on the best conventional loan strategies for our market conditions.

Your actionable first step? Before you even fall in love with a listing online, connect with two or three highly-recommended local home loan agents. Have a candid conversation about your financial picture and goals. Choose the one who not only offers competitive rates but who demonstrates a clear, proactive understanding of the Cary market. By aligning with a true local expert, you’re not just getting a loan—you’re gaining a strategic advisor for one of the most important purchases of your life, right here in our community.

Nearby Cities

Explore mortgage lenders in cities near Cary, NC

Why Choose a Mortgage Lender in Cary?

Local Market Knowledge

Lenders who understand Cary'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 North Carolina.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Cary and get competitive rates on your home loan.