The Best Mortgage Lenders in Gaston, NC
Compare verified mortgage lenders serving Gaston, North Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Gaston
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-rated national lender with a strong local presence in North Carolina, known for its competitive rates and exceptional customer service. Founded in 2008, it has built a reputation for fast processing and a wide range of loan options, including specialized programs for first-time homebuyers. With numerous positive reviews highlighting their responsive loan officers and streamlined online application process, they are a top choice for homeowners in Gaston and the broader Charlotte metro area.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a leading mortgage lender with a significant footprint in North Carolina, offering innovative digital tools and personalized service. Established in 2000, they are praised for their competitive rates, transparency, and efficiency, with many customers in Gaston benefiting from their extensive loan portfolio and expert guidance. Their high customer satisfaction scores and strong community involvement make them a reliable option for various mortgage needs.
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New American Funding
New American Funding, LLC
New American Funding is a reputable lender with a focus on diversity and customer-centric solutions, serving Gaston and surrounding areas through their Charlotte office. Founded in 2003, they offer a broad array of loan products and are recognized for their efforts in supporting underserved communities. With consistently high ratings for their knowledgeable staff and flexible terms, they provide tailored mortgage options that cater to a wide range of financial situations.
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Frequently Asked Questions
Common questions about mortgage lending in Gaston, NC
Are there any special first-time homebuyer programs available specifically for Gaston, NC?
Yes, Gaston County participates in the NC Home Advantage Mortgage™ program, which offers down payment assistance up to 5% of the loan amount for eligible buyers. Additionally, the City of Gastonia offers the HOME Investment Partnerships Program, providing deferred, forgivable loans for down payment and closing cost assistance to low-to-moderate income buyers purchasing within the city limits.
How do property taxes in Gaston County affect my monthly mortgage payment?
Gaston County has a property tax rate that varies by municipality, but the county-wide rate is approximately $0.85 per $100 of assessed value. This is a critical component of your escrow payment, and lenders will factor it into your debt-to-income ratio. It's important to get an accurate estimate, as taxes can differ between unincorporated county areas and towns like Belmont, Mount Holly, or Dallas.
What are typical mortgage rates and lender availability for a homebuyer in Gaston, NC?
While rates are influenced by national trends, Gaston County benefits from a competitive mix of local community banks, credit unions, and national lenders. Typical rates are in line with national averages, but local institutions like Gaston Federal Credit Union or Citizens South Bank often have strong community loan programs. Getting pre-approved with a lender familiar with the Gaston market can provide a slight edge in a competitive offer.
Does buying a home in a more rural part of Gaston County versus a town like Gastonia affect my mortgage options?
It can. Properties in designated rural areas of Gaston County may be eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This can be a significant advantage in areas like the western parts of the county. However, for homes within Gastonia or other towns, you would typically rely on conventional, FHA, or VA loans, and the property must meet those specific program requirements.
What should I know about home insurance costs when calculating my mortgage payment in Gaston, NC?
Homeowners insurance in Gaston is generally affordable but can be influenced by the age of the home and its proximity to flood zones, particularly near the Catawba River or South Fork River. Lenders will require a standard policy, and if the home is in a FEMA-designated Special Flood Hazard Area, mandatory flood insurance will be added to your escrow, increasing your total monthly payment. Always get a flood zone determination during your due diligence.
Why Choose a Mortgage Lender in Gaston?
Local Market Knowledge
Lenders who understand Gaston'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 Gaston and get competitive rates on your home loan.