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Cleveland, NC

The Best Mortgage Lenders in Cleveland, NC

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

3
Top Lenders
4.8
Avg Rating
1150+
Reviews
13
Loan Types

Available Loan Programs in Cleveland

Fixed-rate mortgages
Adjustable-rate mortgages
Jumbo loans
FHA loans
VA loans
USDA loans
Construction loans
Refinancing
Conventional loans
Refinance
First-time homebuyer programs
Investment property loans
Doctor loans

Featured Mortgage Lenders

1

State Employees' Credit Union - Statesville Branch

State Employees' Credit Union

★★★★☆
4.8/5

As North Carolina's largest credit union with over 270 branches statewide, SECU provides exceptional mortgage services to Cleveland residents with highly competitive rates and personalized service. Their nonprofit structure allows them to offer lower fees and better terms than many traditional banks. With deep roots in North Carolina communities since 1938, they have extensive experience with local real estate markets and offer comprehensive mortgage counseling. Their Statesville branch is conveniently located just 15 minutes from Cleveland and serves the entire Iredell County area with dedicated mortgage specialists.

Experience:85 years
Reviews:450 customer reviews
1424 E Broad St, Statesville, NC 28625

Loan Types:

Fixed-rate mortgagesAdjustable-rate mortgagesJumbo loansFHA loansVA loansUSDA loansConstruction loansRefinancing
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2

Jason Brown

Fairway Independent Mortgage Corporation - Mooresville

★★★★☆
4.9/5

Fairway Independent Mortgage Corporation's Mooresville office, led by experienced loan officer Jason Brown, serves the Cleveland area with exceptional mortgage services. With nearly three decades of experience, this team has built a stellar reputation for competitive rates, streamlined processes, and outstanding customer service. They specialize in both purchase and refinance transactions with particular expertise in first-time homebuyer programs. Their local presence in nearby Mooresville (just 20 minutes from Cleveland) combined with national lending power makes them a top choice for Cleveland residents seeking personalized mortgage solutions.

Experience:28 years
Reviews:300 customer reviews
128 Medical Park Rd #201, Mooresville, NC 28117

Loan Types:

Conventional loansFHA loansVA loansUSDA loansJumbo loansRefinanceFirst-time homebuyer programsInvestment property loans
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3

Movement Mortgage - Charlotte

Movement Mortgage

★★★★☆
4.7/5

Movement Mortgage has established itself as a leading mortgage lender serving the Greater Charlotte region, including Cleveland, NC. Founded in 2008 and headquartered in Charlotte, they combine local market expertise with national lending capabilities. They're particularly noted for their innovative digital mortgage process and quick closing times, typically averaging 30 days. Movement has received numerous industry awards for customer satisfaction and maintains strong relationships with local real estate professionals throughout the Lake Norman area. Their commitment to community involvement and competitive pricing makes them an excellent choice for Cleveland homebuyers.

Experience:15 years
Reviews:400 customer reviews
6201 Fairview Rd #200, Charlotte, NC 28210

Loan Types:

Conventional loansFHA loansVA loansUSDA loansJumbo loansRefinanceFirst-time homebuyer programsDoctor loansInvestment property loans
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Frequently Asked Questions

Common questions about mortgage lending in Cleveland, NC

What are the typical down payment requirements for homes in Cleveland, NC, given its more rural setting?

While standard down payments of 3-5% for conventional loans are common, Cleveland's more affordable market compared to Charlotte metro allows for lower overall cash requirements. Many local lenders also have strong relationships with USDA Rural Development, which offers 0% down payment loans for eligible properties and borrowers in this designated rural area, making homeownership very accessible.

Are there any local or county-specific first-time homebuyer assistance programs available in Cleveland, NC?

Yes, Rowan County, where Cleveland is located, administers the Rowan County First-Time Homebuyer Program. This program can provide down payment and closing cost assistance in the form of a deferred, forgivable loan. Eligibility is based on income and the purchase price of the home, which aligns well with Cleveland's housing prices.

How does being in a USDA-eligible area impact my mortgage options in Cleveland?

Cleveland's location makes nearly all of it eligible for USDA Section 502 Guaranteed Loans, a major advantage. This means qualified buyers can secure a mortgage with no down payment, competitive interest rates, and more flexible credit guidelines than some conventional loans. It's one of the most popular and beneficial loan programs for buyers in this specific community.

What should I know about property taxes and insurance when calculating my mortgage payment in Cleveland?

Rowan County property taxes are relatively moderate, and lenders will use an annual rate of approximately 0.74-0.80% of the home's assessed value for calculations. Due to the semi-rural nature, you should budget for private well and septic inspections, which can influence loan approval, and consider flood insurance if the property is near the South Yadkin River or its tributaries.

How do mortgage rates and lender options in Cleveland compare to nearby metropolitan areas like Charlotte?

While national rates set the baseline, Cleveland borrowers may find slightly different lender landscapes. You'll have access to strong local credit unions and community banks familiar with the area's unique properties (like land/home packages), alongside major national lenders. Rates are generally competitive, but working with a local expert who understands USDA and rural appraisals can streamline the process significantly.

Mortgage Insights

Finding Your Perfect Mortgage Match in Cleveland, NC

Searching for the "best mortgage lenders near me" is more than just comparing rates online. For homebuyers in Cleveland, North Carolina, it’s about finding a financial partner who understands our unique market—a blend of small-town charm, growing appeal, and proximity to the Lake Norman buzz. The right lender can make your path to a home here smoother and smarter.

Cleveland’s housing market offers a appealing mix, from established family homes to new construction on larger lots. This variety means your financing needs are specific. A local lender familiar with the area can provide crucial insight, whether you’re eyeing a classic ranch or a property with more acreage. They understand how appraisals work in our rural-meets-suburban setting and can navigate any nuances with well and septic systems, which are common here.

So, how do you find the best mortgage lender for your Cleveland home? Start by looking beyond the big national names. While they have their place, local credit unions like Sharonview Federal Credit Union or community banks with a strong presence in Rowan and surrounding counties often offer personalized service and competitive products. They have a vested interest in helping neighbors build wealth right here. Also, seek out experienced local mortgage brokers. A good broker based in the Piedmont region has access to a wide array of loan programs and can shop on your behalf to find the ideal fit for your financial picture.

Don’t overlook North Carolina-specific programs that can be a game-changer. The NC Home Advantage Mortgage™ is a standout, offering down payment assistance, competitive interest rates, and tax credits for eligible buyers. This program is particularly powerful for first-time homebuyers (or those who haven’t owned a home in the past three years) looking to put down roots in Cleveland. Additionally, explore USDA Rural Development loans. Given Cleveland’s location, many properties may qualify for these zero-down-payment loans, which are perfect for our community’s profile.

Your actionable plan starts with getting pre-approved by at least two or three lenders. This isn’t just about the rate—compare their fees, their responsiveness, and their willingness to explain the process. Ask every lender you speak with: "How often do you work in Cleveland and Rowan County?" Their answer will tell you a lot. Finally, lean on your local real estate agent. The best agents in our area have a shortlist of lenders who consistently close on time and communicate well, which is critical in a competitive market.

Buying a home in Cleveland is an investment in a lifestyle. By choosing a mortgage lender who knows the lay of the land, you’re not just securing a loan; you’re gaining a guide who will help you navigate confidently to your front door.

Nearby Cities

Explore mortgage lenders in cities near Cleveland, NC

Why Choose a Mortgage Lender in Cleveland?

Local Market Knowledge

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