The Best Mortgage Lenders in Hazelwood, NC
Compare verified mortgage lenders serving Hazelwood, North Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hazelwood
Featured Mortgage Lenders
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a top-rated lender known for its exceptional customer service and competitive rates, with a strong local presence in Western North Carolina. They specialize in a wide range of loan products and have consistently high customer satisfaction ratings due to their personalized approach, efficient processing, and community involvement. Their Asheville office actively serves Hazelwood and surrounding areas, making them a reliable choice for homebuyers seeking expertise and reliability.
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New American Funding
New American Funding
New American Funding is a highly regarded mortgage lender with a national presence and dedicated service to North Carolina communities, including Hazelwood. They are praised for their diverse loan options, including programs for first-time homebuyers and underserved communities, and have a reputation for transparency and competitive rates. With numerous positive reviews highlighting their responsive support and educational resources, they are a trusted option for borrowers in the region.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage stands out for its fast closing times and customer-centric model, with a strong regional footprint that includes service to Hazelwood and Western North Carolina. They are known for their innovative technology, local loan officer support, and commitment to community giving, resulting in high customer satisfaction and repeat business. Their efficient processes and wide array of loan products make them a top choice for homebuyers seeking reliability and excellent service.
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Frequently Asked Questions
Common questions about mortgage lending in Hazelwood, NC
Are there any special mortgage programs for first-time homebuyers in Hazelwood, NC?
Yes, the North Carolina Housing Finance Agency (NCHFA) offers statewide programs like the NC Home Advantage Mortgage™ with down payment assistance, which is accessible to Hazelwood buyers. Additionally, local lenders may have specific knowledge of USDA Rural Development loans, as portions of Haywood County, including Hazelwood, are eligible for these zero-down-payment loans due to their rural designation.
How do property taxes in Hazelwood, NC, affect my monthly mortgage payment?
Haywood County, which includes Hazelwood, has a relatively low property tax rate compared to national averages, which helps keep escrow payments manageable. For the 2024 fiscal year, the combined rate for Hazelwood is approximately $0.5275 per $100 of assessed value. Your lender will calculate this into your monthly payment, and it's wise to budget for potential slight increases after county revaluations.
What is the typical down payment needed for a home in Hazelwood's market?
While 20% down is standard to avoid mortgage insurance, many buyers in Hazelwood utilize programs allowing for 3%-5% down. Given the area's mix of modest single-family homes and more expensive mountain properties, down payment amounts can vary widely. Local credit unions and banks often work with buyers on conventional loans with competitive down payment requirements tailored to the local market.
Does Hazelwood's location in a mountain valley present any unique mortgage or insurance considerations?
Yes, lenders may require additional certifications or inspections for properties on steep slopes or in areas with specific drainage concerns. Furthermore, you will likely need to secure and provide proof of flood insurance if the property is in a designated flood zone, which is not uncommon near the Pigeon River or other waterways in the Hazelwood area.
Are mortgage rates in Hazelwood, NC, different from the national average?
Mortgage rates are primarily set by national markets, so Hazelwood rates align closely with national averages. However, your specific rate will depend on your financial profile and the lender. Working with a local lender in Western North Carolina can be advantageous, as they may have access to special portfolio products or have deeper insight into appraising unique local properties, which can influence loan terms.
Why Choose a Mortgage Lender in Hazelwood?
Local Market Knowledge
Lenders who understand Hazelwood'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 Hazelwood and get competitive rates on your home loan.