The Best Mortgage Lenders in Eccles, WV
Compare verified mortgage lenders serving Eccles, West Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Eccles
Featured Mortgage Lenders
WV Central Credit Union
WV Central Credit Union
WV Central Credit Union stands out as one of the highest-rated mortgage lenders serving the Eccles area, with exceptional customer satisfaction ratings. As a local credit union deeply embedded in southern West Virginia communities, they offer personalized service and competitive rates that often outperform larger national banks. Their mortgage specialists provide comprehensive guidance through the entire home financing process, with particular expertise in USDA rural development loans that are highly relevant to the Eccles area. Members consistently praise their responsive communication, transparent fee structure, and commitment to finding the right loan products for each borrower's unique situation.
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City National Bank
City National Bank of West Virginia
As West Virginia's largest bank headquartered within the state, City National Bank has served Eccles and surrounding communities for generations with reliable mortgage lending services. Their extensive branch network throughout southern West Virginia ensures convenient local access for Eccles residents. The bank receives consistently high marks for their experienced loan officers who provide knowledgeable guidance on various mortgage options, including specialized construction loans for rural properties. Customers frequently highlight the bank's competitive rates, streamlined application process, and the stability that comes with their long-standing presence in West Virginia communities.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage has established a strong reputation throughout West Virginia for their efficient mortgage processing and exceptional customer service. While headquartered nationally, they maintain dedicated local loan officers who serve the Eccles area and understand the unique aspects of southern West Virginia real estate. Their digital mortgage platform combined with personalized local support creates a streamlined experience that customers consistently rate highly. Movement specializes in quick closings while maintaining competitive rates, with particular expertise in both VA loans and rural development loans that are well-suited to the Eccles market. Their high volume of positive reviews highlights reliable communication and professional guidance throughout the lending process.
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Frequently Asked Questions
Common questions about mortgage lending in Eccles, WV
What are the typical down payment requirements for homes in Eccles, WV, given the local market prices?
For Eccles's relatively affordable housing market, many conventional loans can be secured with a 3-5% down payment. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties and borrowers in this designated rural area, making homeownership very accessible.
Are there any special mortgage programs for first-time homebuyers in Eccles?
Yes, the West Virginia Housing Development Fund (WVHDF) offers several programs, including down payment assistance and competitive interest rate loans, specifically for first-time homebuyers in Eccles. These programs have income and purchase price limits that align well with the Raleigh County market, providing significant support for qualifying buyers.
How does the appraisal process work in Eccles, given the mix of older homes and newer constructions?
Appraisals in Eccles must carefully account for the varied housing stock, from historic coal camp houses to modern builds. An appraiser familiar with the local market will use comparable sales ("comps") primarily from within Eccles, Beckley, and surrounding Raleigh County communities to ensure an accurate valuation that reflects local conditions and property types.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Eccles?
Raleigh County property taxes are generally low, which helps keep escrow payments manageable. For insurance, it's important to discuss any potential flood zone considerations with your agent, as some properties are near the Guyandotte River or its tributaries. Your lender will help you estimate these costs to build an accurate total monthly payment.
Is a VA loan a good option for buyers in Eccles, and are local lenders familiar with them?
Absolutely. Given West Virginia's strong veteran community, VA loans are a popular and excellent choice in Eccles. Local lenders and credit unions have extensive experience processing VA loans and can guide you through the specific property requirements, such as well and septic inspections, which are common in the area.
Why Choose a Mortgage Lender in Eccles?
Local Market Knowledge
Lenders who understand Eccles'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 West Virginia.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Eccles and get competitive rates on your home loan.