The Best Mortgage Lenders in Matthews, NC
Compare verified mortgage lenders serving Matthews, North Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Matthews
Featured Mortgage Lenders
Casey Fleming
Movement Mortgage
Movement Mortgage is a top-rated national lender headquartered in Charlotte with strong local presence serving the Matthews area. With over 4,000 reviews nationwide and an A+ BBB rating, they specialize in fast closings and personalized service. Local loan officer Casey Fleming has exceptional customer ratings and extensive experience with Charlotte-area home financing. Their digital mortgage process and competitive rates make them a preferred choice for Matthews homebuyers.
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Truliant Federal Credit Union
Truliant Federal Credit Union
As one of the largest credit unions serving the Charlotte metro area including Matthews, Truliant offers competitive mortgage rates and exceptional member service. With deep roots in the community since 1952, they provide personalized mortgage guidance and various loan programs tailored to local homebuyers' needs. Their local branch presence and commitment to member satisfaction make them a trusted choice for Matthews residents seeking reliable mortgage financing.
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First Citizens Bank
First Citizens Bank
First Citizens Bank has a strong physical presence in Matthews with a local branch and experienced mortgage professionals serving the community. As a well-established regional bank with over 125 years of operation, they offer competitive mortgage products and personalized service. Their local loan officers understand the Matthews real estate market and provide comprehensive guidance through the home financing process, making them a reliable choice for area homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Matthews, NC
Are there any down payment assistance programs specifically for first-time homebuyers in Matthews, NC?
Yes, Matthews homebuyers can access the NC Home Advantage Mortgage™ program, which offers down payment assistance up to 5% of the loan amount (forgivable over time) and is available statewide. Additionally, the City of Charlotte's House Charlotte program is accessible to Matthews residents in Mecklenburg County, offering up to $20,000 in down payment and closing cost assistance for eligible buyers in targeted areas.
How do property taxes in Matthews, NC, affect my monthly mortgage payment?
Matthews has a combined property tax rate of approximately 0.98% to 1.02%, which includes Mecklenburg County and the Town of Matthews rates. For a $400,000 home, this translates to roughly $3,900-$4,100 annually, which your lender will typically collect monthly as part of your escrow payment. This rate is competitive within the Charlotte metro region and is a key factor in calculating your total monthly housing cost.
What is a typical down payment percentage for conventional loans in Matthews' competitive housing market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Matthews successfully purchase with 5%, 10%, or 15% down, especially with strong credit. Given the market's competitiveness, a higher down payment can make your offer more attractive to sellers. Local lenders often recommend at least 10% down to strengthen your position in multiple-offer situations common in desirable Matthews neighborhoods.
Are USDA loans a viable option for homes in Matthews, NC?
Most of Matthews is not eligible for USDA rural development loans due to its suburban location and proximity to Charlotte. However, some properties on the eastern fringes of the Matthews area may still qualify. It's best to check the USDA eligibility map with a local loan officer, as FHA, VA, and conventional loans are far more common for financing homes within the town limits.
How does the strong local school system in Matthews impact the mortgage process?
The highly-rated Charlotte-Mecklenburg Schools serving Matthews, like Weddington High School zones, can increase property demand and values. Appraisers will use comparable sales (comps) from within the same school district, which often show higher values. This can be favorable for equity but means you may need a stronger financial profile (debt-to-income ratio, reserves) to afford homes in these sought-after school zones.
Nearby Cities
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Why Choose a Mortgage Lender in Matthews?
Local Market Knowledge
Lenders who understand Matthews'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 Matthews and get competitive rates on your home loan.