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Coats, NC

The Best Mortgage Lenders in Coats, NC

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

3
Top Lenders
4.6
Avg Rating
790+
Reviews
8
Loan Types

Available Loan Programs in Coats

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages
ARM

Featured Mortgage Lenders

1

Movement Mortgage

Movement Mortgage, Inc.

★★★★☆
4.7/5

Movement Mortgage is a highly-rated national lender with a strong presence in North Carolina, known for its competitive rates and exceptional customer service. They specialize in a wide range of loan products and have a reputation for quick closings and personalized service. With numerous positive reviews highlighting their responsiveness and expertise, they are a top choice for homebuyers in the Coats area, offering both online and local support through their Raleigh office.

Experience:16 years
Reviews:320 customer reviews
3100 Smoketree Court, Raleigh, NC 27604

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
Visit Website
2

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.6/5

Fairway Independent Mortgage is a reputable lender with decades of experience and a strong local presence in North Carolina. They are praised for their competitive rates, transparent process, and dedicated loan officers who provide personalized guidance. Serving the Coats area through their Raleigh branch, they offer a comprehensive suite of mortgage options and have consistently high customer satisfaction ratings for their reliability and community involvement.

Experience:28 years
Reviews:280 customer reviews
8520 Six Forks Rd, Raleigh, NC 27615

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
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3

New American Funding

New American Funding, LLC

★★★★☆
4.5/5

New American Funding is a well-established lender known for its innovative loan programs and strong customer focus. They offer competitive rates and a variety of mortgage solutions, including options for first-time homebuyers and diverse financial backgrounds. With a local office in Raleigh, they serve the Coats area effectively, earning high marks for their responsive service and commitment to helping clients achieve homeownership through tailored advice and efficient processing.

Experience:21 years
Reviews:190 customer reviews
1451 Garner Station Blvd, Raleigh, NC 27603

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Coats, NC

Are there any down payment assistance programs specifically for buyers in Coats, NC?

Yes, the North Carolina Housing Finance Agency (NCHFA) offers statewide programs like the NC Home Advantage Mortgage™ with down payment assistance, which is widely used in Coats and Harnett County. These programs can provide up to 5% of the loan amount in assistance, which is particularly helpful given the area's median home prices. Local lenders are very familiar with these programs and can guide you through the application process.

How do property taxes in Harnett County affect my mortgage payments in Coats?

Harnett County's property tax rate is a key component of your monthly escrow payment. The 2024 rate is approximately $0.775 per $100 of assessed value, which is competitive within the region. When calculating your total monthly mortgage payment, your lender will factor in these county taxes along with homeowner's insurance, which can be more affordable in Coats compared to larger metro areas.

What types of properties are most common for mortgage lending in Coats, and does this affect loan options?

Coats primarily features single-family homes, manufactured homes on owned land, and some rural properties, which influences loan choices. For standard single-family homes, conventional, FHA, and USDA loans are all common. It's important to note that USDA Rural Development loans are widely applicable in Coats, offering 100% financing due to its designated rural status, which is a major advantage for eligible buyers.

As a first-time homebuyer in Coats, what should I know about the local market competition?

The Coats market is more moderate than nearby Raleigh, but still competitive, especially for well-priced single-family homes. Getting pre-approved with a local lender or one familiar with the area is crucial to make a strong offer. Working with a lender who understands the pace and values of the Harnett County market can give you a significant edge when submitting an offer.

Are there local credit unions or banks in Coats that offer competitive mortgage rates or special programs?

While Coats itself has limited local bank branches, many homebuyers successfully use regional institutions like First Bank, Trust Bank, or State Employees' Credit Union (SECU), which have a strong presence in Harnett County. These local lenders often have a deep understanding of property values in Coats and may offer relationship discounts or special first-time homebuyer consultations that national lenders do not.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Coats, NC

Searching for "home lenders near me" is one of the most crucial steps in your journey to owning a home in Coats, North Carolina. It’s about more than just finding a name on a map; it’s about connecting with a financial partner who understands the unique character and opportunities of our local market. Coats offers a appealing blend of small-town charm and convenient access to larger employment centers, creating a specific financial landscape for homebuyers.

In a community like Coats, working with a local or regional lender can provide distinct advantages. These professionals have their finger on the pulse of Harnett County property values. They understand the nuances between neighborhoods, from established streets near downtown to newer developments on the outskirts. A lender familiar with Coats can provide a more accurate and realistic appraisal process, which is key in a market where homes can vary widely from one street to the next. They’re also likely to have established relationships with local real estate agents, attorneys, and title companies, creating a smoother, more coordinated closing process for you.

As a North Carolina homebuyer, you have access to several state-specific programs that a knowledgeable local lender can help you navigate. The NC Home Advantage Mortgage™ is a standout, offering down payment assistance and competitive interest rates, particularly valuable for first-time buyers or those with moderate incomes. Additionally, the USDA Rural Development loan is a powerful tool for many buyers in the Coats area, as parts of Harnett County qualify for this zero-down-payment program. A lender based in eastern North Carolina will be well-versed in these options and can quickly determine if you’re a strong candidate.

Your actionable search should start with more than an online map. Ask for recommendations from your real estate agent, who sees which lenders close deals efficiently, and from friends or family who have recently purchased locally. When you interview potential lenders, ask them directly: "How many loans have you closed in Harnett County in the last year?" and "What North Carolina first-time buyer programs do you most frequently use?" Their answers will tell you a lot. Also, consider the type of institution—a local community bank or credit union might offer personalized service and deep community ties, while a larger regional mortgage company might have a broader array of loan products.

Ultimately, the right "home lender near you" in Coats is a trusted advisor. They will help you craft a loan that fits your budget while accounting for the realities of our local market, ensuring your path to homeownership in our wonderful town is as solid and welcoming as the community itself.

Nearby Cities

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Why Choose a Mortgage Lender in Coats?

Local Market Knowledge

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