The Best Mortgage Lenders in Currituck, NC
Compare verified mortgage lenders serving Currituck, North Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Currituck
Featured Mortgage Lenders
Jason Sheaffer
Southern Trust Mortgage
Southern Trust Mortgage is a highly-rated regional lender with strong presence throughout the Hampton Roads and Outer Banks region, including Currituck County. They specialize in coastal property financing and have extensive experience with the unique real estate market in the Currituck Sound and Outer Banks areas. Their team, including local loan officer Jason Sheaffer, receives exceptional reviews for personalized service, competitive rates, and expertise with waterfront properties, vacation homes, and primary residences throughout northeastern North Carolina.
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Mortgage Services Team
Atlantic Union Mortgage
Atlantic Union Mortgage is a locally-owned and operated mortgage company based in Elizabeth City, NC, serving the entire northeastern North Carolina region including Currituck County. They have built an outstanding reputation for their deep local market knowledge, competitive rates, and exceptional customer service. Specializing in both primary residences and investment properties, they excel at navigating the unique aspects of coastal North Carolina real estate and are particularly strong with VA and FHA loans, making them a top choice for military families and first-time homebuyers.
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Local Mortgage Team
Movement Mortgage
Movement Mortgage is a nationally recognized lender with strong local presence throughout the Hampton Roads and northeastern North Carolina markets. They serve Currituck County extensively and are known for their streamlined digital process combined with local expertise. Movement receives high marks for their competitive rates, efficient closing process, and excellent customer service. Their local team understands the specific needs of Currituck homebuyers, including waterfront properties, vacation homes, and the unique seasonal market dynamics of the Outer Banks region.
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Frequently Asked Questions
Common questions about mortgage lending in Currituck, NC
Are there any special mortgage considerations for buying a waterfront or canal-front property in Currituck, NC?
Yes, lenders typically require additional steps for waterfront properties in Currituck. You will likely need a separate flood elevation certificate and must purchase flood insurance, which is mandatory and can significantly increase your monthly housing costs. Lenders may also have stricter appraisal requirements to account for the unique value factors of waterfront homes in areas like the Outer Banks mainland.
What local or state programs are available to help first-time homebuyers in Currituck County?
First-time homebuyers in Currituck can explore the NC Home Advantage Mortgage™ program, which offers down payment assistance up to 5% of the loan amount and competitive interest rates. Additionally, the USDA Rural Development loan is a popular option for much of Currituck County, as it offers 100% financing with no down payment for eligible borrowers and properties in designated rural areas.
How do mortgage rates and lending in Currituck compare to the rest of North Carolina?
Mortgage rates in Currituck are generally aligned with national and state averages. However, for higher-value or unique coastal properties, some lenders may apply slight adjustments. It's especially important to shop around with lenders familiar with the local market, as they may offer more favorable terms on "second home" or investment property loans, which are common in this vacation-friendly area.
What is a common challenge for getting a mortgage on an older home in historic Currituck, and how can I prepare?
A major challenge is meeting modern appraisal standards for older homes, particularly those with outdated electrical, plumbing, or roofing systems. Lenders may require repairs to be completed before closing. To prepare, consider an FHA 203(k) Rehabilitation Loan, which can bundle purchase and renovation costs, or get a thorough pre-purchase inspection to identify any deal-breaking issues early.
Are there specific lenders or credit unions in Currituck that offer advantages for local homebuyers?
Yes, using a local lender or a state-based credit union like Coastal Credit Union or Local Government Federal Credit Union (LGFCU) can be advantageous. These institutions often have deeper knowledge of Currituck's unique property types, from farmlands to coastal homes, and may offer more flexible underwriting or special programs for North Carolina residents. They also typically provide a smoother, more personalized closing process.
Why Choose a Mortgage Lender in Currituck?
Local Market Knowledge
Lenders who understand Currituck'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 Currituck and get competitive rates on your home loan.