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Hillsboro, WV

The Best Mortgage Lenders in Hillsboro, WV

Compare verified mortgage lenders serving Hillsboro, West Virginia. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
420+
Reviews
8
Loan Types

Available Loan Programs in Hillsboro

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages
New Construction

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates, with a strong local presence in West Virginia. Founded in 1996, they have built a reputation for reliability and expertise in serving rural areas like Hillsboro, offering a wide range of loan options including government-backed programs. Their Lewisburg office provides personalized service, and they are highly regarded for their fast processing times and community involvement, making them a trusted choice for homeowners in the region.

Experience:27 years
Reviews:130 customer reviews
200 Maplewood Avenue, Lewisburg, WV 24901

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a highly-rated mortgage lender with a significant presence in West Virginia, serving Hillsboro and surrounding areas from their Charleston office. Founded in 2003, they offer a diverse portfolio of loan products and are praised for their competitive rates, flexible terms, and dedication to customer satisfaction. They excel in providing solutions for first-time homebuyers and those with unique financial situations, backed by strong online tools and a team of local experts who understand the Appalachian market.

Experience:20 years
Reviews:180 customer reviews
300 Virginia Street East, Charleston, WV 25301

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage is a reputable lender known for its efficient processing and community-focused approach, with a Beckley office that actively serves the Hillsboro area. Founded in 2008, they combine technology with personal service to offer competitive mortgage solutions, including specialized programs for rural homes. Their high customer ratings reflect a commitment to transparency and speed, often closing loans faster than industry averages, and they are involved in local initiatives, strengthening their ties to West Virginia communities.

Experience:15 years
Reviews:110 customer reviews
100 Erick Street, Beckley, WV 25801

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceNew Construction
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Frequently Asked Questions

Common questions about mortgage lending in Hillsboro, WV

Are there any special mortgage programs for first-time homebuyers in Hillsboro, WV?

Yes, first-time homebuyers in Hillsboro can access the West Virginia Housing Development Fund's (WVHDF) Homeownership Program, which offers competitive fixed-rate mortgages, down payment assistance, and closing cost assistance. These programs are particularly valuable in Hillsboro, where median home prices are below state averages, making homeownership more accessible with lower upfront costs.

How does the rural nature of Hillsboro and Pocahontas County affect my mortgage options?

The rural designation of Hillsboro makes many properties eligible for USDA Rural Development loans, which offer 100% financing with no down payment required. This is a significant advantage for buyers in the area, as it removes one of the biggest barriers to entry. Lenders familiar with the local market are essential, as they understand USDA property eligibility and appraisal requirements for rural homes.

What are typical closing costs for a mortgage in Hillsboro, WV?

Typical closing costs in Hillsboro generally range from 2% to 5% of the home's purchase price. These costs include title insurance, recording fees, and lender origination fees. It's important to note that West Virginia has a real estate transfer tax, which is a key component of closing costs and is typically split between buyer and seller, though this is negotiable.

Are property tax rates a major factor in my mortgage payment in Hillsboro?

Yes, property taxes in Pocahontas County, where Hillsboro is located, are relatively low compared to national averages, which positively impacts your total monthly mortgage payment (PITI). The current county rate is approximately 0.59%, meaning a $150,000 home would have annual taxes around $885. This affordability is a key feature of the local housing market.

How does the seasonal tourism from nearby Snowshoe Mountain Resort impact the mortgage process for a primary residence in Hillsboro?

If you're buying a primary residence, the process is standard, but be prepared for appraisals that may reference comparable sales influenced by vacation properties. Lenders will carefully verify your occupancy intent. If you're considering an investment or vacation property loan for the tourism market, expect stricter requirements, including higher down payments (often 20-30%) and interest rates.

Mortgage Insights

Finding Your Key to the Hillsboro Home: Why a Local Mortgage Broker Matters

Searching for an "independent mortgage broker near me" in Hillsboro, West Virginia, is more than just a convenience—it’s a strategic move that can unlock the door to your dream home in the heart of Pocahontas County. While online lenders and big banks offer a one-size-fits-all approach, the unique character of our local housing market demands a personalized touch. An independent mortgage broker based right here in the Mountain State becomes your dedicated guide, navigating the specific terrain of buying a home in our beautiful, rural community.

Hillsboro’s real estate market is distinct. You might be looking at a charming historic farmhouse, a cozy cabin near the Greenbrier River, or a parcel of land with sweeping views of the mountains. These aren't always standard properties that fit neatly into a national lender's algorithm. A local broker understands the appraisal nuances of rural properties, the value of land in Pocahontas County, and which lenders have experience with non-traditional homes. They have their finger on the pulse of local inventory and can help you get pre-approved with a realistic budget that reflects true Hillsboro market values.

For West Virginia homebuyers, there are also valuable state-specific programs that a knowledgeable broker can help you access. The West Virginia Housing Development Fund (WVHDF) offers programs like the Homeownership Program, which provides competitive interest rates and down payment assistance for eligible buyers. These programs are fantastic tools, but their details and eligibility can be complex. An independent broker who works with the WVHDF regularly can demystify the process, check your eligibility, and seamlessly integrate this assistance into your loan package, something a remote online lender might overlook or not offer.

Your actionable first step? Look for a broker with deep West Virginia roots. Ask potential brokers: "How many loans have you closed in Pocahontas County?" and "Can you walk me through the WVHDF programs?" Their answers will tell you everything. A true local expert will also connect you with reputable home inspectors familiar with well and septic systems common in our area and title companies accustomed to rural land records.

Ultimately, choosing an independent mortgage broker in Hillsboro means choosing a partner. They work for you, not a single bank, shopping your application across their network of lenders to find the best possible rate and terms for your situation. In a close-knit community like ours, that local relationship is invaluable. They are invested in your success and the success of our town, helping you secure not just a house, but a place to call home in the mountains. Start your search locally, and you’ll find more than a loan—you’ll find a neighbor helping you build your future here.

Nearby Cities

Explore mortgage lenders in cities near Hillsboro, WV

Why Choose a Mortgage Lender in Hillsboro?

Local Market Knowledge

Lenders who understand Hillsboro'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 Hillsboro and get competitive rates on your home loan.