The Best Mortgage Lenders in Haywood, WV
Compare verified mortgage lenders serving Haywood, West Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Haywood
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service, competitive rates, and extensive loan options. With over 28 years of experience, they have a strong local presence in West Virginia, including service to Haywood, and are praised for their efficient processing and personalized guidance. Their high ratings and numerous positive reviews highlight reliability and customer satisfaction, making them a trusted choice for homebuyers in the region.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is highly regarded for its commitment to community engagement and streamlined mortgage processes. Founded in 2008, they offer a wide range of loan products with competitive rates and have a solid reputation for excellent customer service in West Virginia, including the Haywood area. Their focus on fast closings and local support, combined with strong ratings and reviews, makes them a preferred lender for many homebuyers.
Loan Types:
New American Funding
New American Funding
New American Funding is a reputable lender with over two decades of experience, offering diverse loan options and a focus on inclusive lending practices. They serve the Haywood area with competitive rates and a strong emphasis on customer satisfaction, as reflected in their high ratings and positive feedback. Their local presence in West Virginia ensures personalized service, and they are known for their reliability and expertise in handling various mortgage needs.
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Frequently Asked Questions
Common questions about mortgage lending in Haywood, WV
Are there any special mortgage or down payment assistance programs for first-time homebuyers in Haywood, West Virginia?
Yes, the West Virginia Housing Development Fund (WVHDF) offers several programs, including the Homeownership Program with competitive interest rates and down payment/closing cost assistance. As a rural area, Haywood may also qualify for USDA Rural Development loans, which offer 100% financing with no down payment required for eligible borrowers and properties.
How do property taxes in Haywood, WV, affect my monthly mortgage payment and overall affordability?
Property taxes in Pendleton County, where Haywood is located, are relatively low compared to national averages, which improves overall affordability. Your lender will calculate an escrow payment based on the county's mill levy and your home's assessed value, but this component of your PITI payment will typically be less burdensome than in many other regions.
What are the biggest challenges in getting a mortgage for a home in Haywood's rural market?
The primary challenges often involve property appraisal and meeting lender requirements for properties with unique characteristics like large acreage, wells, or septic systems. It's crucial to work with a lender experienced in rural West Virginia properties who understands how to navigate these appraisals and ensure the home meets standards for programs like USDA or FHA loans.
Are mortgage rates different for homes in a small, unincorporated community like Haywood compared to larger West Virginia cities?
Rates are primarily based on your financial profile and national markets, not the specific town. However, because Haywood is in a designated rural area, you may qualify for a USDA loan, which often offers competitive rates comparable to or sometimes better than conventional loans, especially for borrowers with moderate incomes.
What should I look for in a lender when buying a home in Haywood, WV?
Prioritize lenders with direct experience in Pendleton County and rural Appalachia. They will be familiar with local property types, well and septic inspections, USDA eligibility maps for the area, and the slower-paced market. A local or regional bank or credit union may have more flexibility and understanding than a large national online lender.
Why Choose a Mortgage Lender in Haywood?
Local Market Knowledge
Lenders who understand Haywood'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 Haywood and get competitive rates on your home loan.