The Best Mortgage Lenders in Highlands, NC
Compare verified mortgage lenders serving Highlands, North Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Highlands
Featured Mortgage Lenders
Chris Vurnakes
Movement Mortgage
Chris Vurnakes with Movement Mortgage is one of the highest-rated mortgage professionals specifically serving the Highlands and Cashiers area. With over 13 years of experience and hundreds of successful mountain property financings, he specializes in the unique challenges of financing homes in Western North Carolina's resort communities. His exceptional 4.9-star rating across multiple review platforms reflects his deep understanding of local property types, from mountain retreats to primary residences, and his commitment to smooth closings in this competitive market.
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Jason Moss
Atlantic Bay Mortgage Group
Jason Moss with Atlantic Bay Mortgage Group brings 15 years of specialized experience financing properties throughout the Western North Carolina mountain region. Based in the broader Highlands service area, he has established himself as a trusted expert for mountain home purchases, with particular strength in navigating the complexities of vacation home financing, construction loans, and investment properties common in the Highlands market. His 4.8-star rating and extensive review history demonstrate consistent customer satisfaction and reliable service for both local residents and second-home buyers.
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Mortgage Services Department
United Community Bank
United Community Bank maintains a strong physical presence in Highlands with their local branch, providing personalized mortgage services to the community for decades. As an established community bank with deep roots in Western North Carolina, they offer specialized understanding of local property values, mountain terrain considerations, and the seasonal nature of the Highlands market. Their construction-to-permanent loans and lot financing options are particularly valuable in this area where new construction and land purchases are common. The bank's long history and consistent 4.7-star rating reflect their reliability and commitment to the local community.
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Frequently Asked Questions
Common questions about mortgage lending in Highlands, NC
Are mortgage rates typically higher in Highlands, NC, due to its status as a resort/second-home market?
Yes, rates for second homes or investment properties in Highlands can be 0.25% to 0.75% higher than for primary residences. Lenders often view these loans as having slightly higher risk. For a primary residence, rates are generally competitive with state averages, but it's crucial to clarify your intended occupancy with your lender from the start.
What local or state programs are available to help with down payments for first-time homebuyers in Highlands?
The North Carolina Housing Finance Agency (NCHFA) offers several programs, like the NC Home Advantage Mortgage™ with down payment assistance, which are available in Highlands. However, income and purchase price limits apply, and in a higher-cost market like Highlands, finding a qualifying property can be challenging. A local lender familiar with these programs is essential for navigation.
How does the appraisal process work for a unique mountain property in Highlands?
Appraising unique mountain homes with features like steep topography, extensive views, or custom construction requires an appraiser with specific local expertise. Lenders will order an appraisal from someone familiar with the Highlands market to find accurate comparables, which can sometimes take longer than in a standard suburban area.
Are there specific insurance or lending considerations for homes in the Highlands area prone to moisture or winter weather?
Absolutely. Lenders will require adequate homeowners insurance, which in Highlands must include coverage for winter-related damage (like frozen pipes) and may require additional riders for water backup. For properties with significant tree coverage or in wooded areas, proof of wildfire mitigation or defensible space may also be requested by insurers.
How does the seasonal economy and tourism in Highlands affect mortgage qualification for local workers?
If your income is seasonal (e.g., in hospitality), lenders will typically average your income over the last two years to qualify. They require a documented history of seasonal employment with the expectation of return. Providing thorough tax returns and possibly a year-to-date profit and loss statement if self-employed is critical for loan approval.
Nearby Cities
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Why Choose a Mortgage Lender in Highlands?
Local Market Knowledge
Lenders who understand Highlands'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 Highlands and get competitive rates on your home loan.