The Best Mortgage Lenders in Longwood, NC
Compare verified mortgage lenders serving Longwood, North Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Longwood
Featured Mortgage Lenders
Truliant Mortgage Services
Truliant Federal Credit Union
Truliant Federal Credit Union is one of North Carolina's most respected financial institutions with extensive mortgage lending experience throughout the state. While headquartered in Winston-Salem, they serve members across North Carolina including the Longwood area through their digital mortgage platform and regional branches. They consistently receive exceptional ratings for their competitive rates, personalized service, and comprehensive mortgage options. Their long-standing presence in North Carolina (over 70 years) and commitment to member satisfaction make them a top choice for Brunswick County homebuyers.
Loan Types:
Live Oak Bank Mortgage
Live Oak Bank
Based in Wilmington, NC, Live Oak Bank has established itself as a premier mortgage lender serving the entire southeastern North Carolina region, including Longwood and Brunswick County. They are particularly known for their digital-first mortgage experience and competitive construction loan programs, which are valuable in growing areas like Longwood. With numerous industry awards and high customer satisfaction ratings, they offer a streamlined online application process while maintaining local expertise in North Carolina's unique housing markets.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Founded in North Carolina and now operating nationwide, Movement Mortgage maintains strong roots and extensive experience serving communities across the state, including the Longwood area. They are particularly noted for their efficient loan processing and strong local presence with loan officers who understand the Brunswick County market. Movement has received consistent high marks for their customer service, quick closing times, and community involvement throughout North Carolina. Their hybrid approach combines national resources with local market knowledge.
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Frequently Asked Questions
Common questions about mortgage lending in Longwood, NC
Are there any special mortgage programs for first-time homebuyers in Longwood, NC?
Yes, the North Carolina Housing Finance Agency (NCHFA) offers statewide programs like the NC Home Advantage Mortgage™ with down payment assistance, which is highly relevant for Longwood buyers. Additionally, some local lenders may have relationships with regional programs or credit unions that offer competitive first-time buyer loans. It's wise to consult with a mortgage broker familiar with Robeson County to explore all local options.
How do property types common in Longwood, like manufactured homes or larger rural lots, affect mortgage options?
Financing for manufactured homes on owned land is available but often requires specific lenders and loan programs, such as FHA or USDA loans, which are common in this area. For larger rural lots, a conventional loan is typically suitable, but if the property is truly agricultural, you may need a specialized farm loan. Always confirm the property's eligibility with your lender early in the process.
What is the typical down payment needed for a home in Longwood's market?
While 20% down avoids private mortgage insurance (PMI), many buyers in Longwood utilize programs that allow for 3% to 5% down with conventional loans or even 0% down with eligible USDA Rural Development loans, as much of Robeson County qualifies. The area's relatively affordable home prices make lower down payment strategies more accessible for many buyers.
Does Longwood, NC qualify for USDA Rural Development home loans?
Yes, Longwood and most of Robeson County are designated as "rural" by the USDA, making 100% financing (no down payment) available to eligible borrowers with moderate incomes. This is a major advantage for buyers in the area looking to purchase a primary residence without a large upfront cash payment. Income and property eligibility must be verified with a participating lender.
How do local property tax rates in Robeson County impact my overall mortgage payment in Longwood?
Robeson County has a relatively high property tax rate compared to the North Carolina state average, which directly increases your monthly escrow payment. When budgeting for your mortgage, factor in this county tax rate along with any potential town fees. Your lender can provide a precise estimate, but it's a key local cost consideration beyond just the home's sale price.
Why Choose a Mortgage Lender in Longwood?
Local Market Knowledge
Lenders who understand Longwood'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 Longwood and get competitive rates on your home loan.