NMHL Mortgage Lending
Mortgage Lender in Paragould, AR
Local expertise and competitive rates for Paragould homebuyers.
Paragould, Arkansas is experiencing steady growth, making it an attractive location for homebuyers. With a median home price of $145,000, residents can find affordable housing options across various neighborhoods. At National Mortgage Home Loans (NMHL), we understand the unique needs of Paragould borrowers and offer a range of mortgage programs to suit different financial situations.
Our mortgage options include FHA, VA, conventional, and jumbo loans, ensuring that whether you're a first-time homebuyer or a seasoned homeowner, we have a solution for you. NMHL specializes in helping underserved borrowers, including those with bad credit, self-employed individuals, and veterans. Our expert loan officers are knowledgeable about the local market and can guide you through the pre-approval process with ease.
As a trusted mortgage lender in Paragould, NMHL is committed to providing personalized service and competitive rates. We invite you to explore our mortgage options and discover how we can help you achieve your homeownership goals.
Paragould Housing Market Overview
Paragould is a growing community in Arkansas offering diverse mortgage options for homebuyers. Contact NMHL for personalized Paragould mortgage rates and programs.
See What You Qualify For
Takes about 5 minutes. No obligation. No credit check until you are ready.
Your Local Mortgage Partner
We understand the local market dynamics that affect your home purchase. Our team provides personalized loan options based on local property values and regulations.
Available Loan Programs in Paragould
Explore mortgage options tailored to Paragould homebuyers
First Time Home Buyer Mortgages
Special loan programs helping newcomers purchase their first home with favorable terms and support.
Learn MoreRefi-Shield
Learn MoreAdjustable-Rate Mortgage (ARM)
Financial flexibility and optimal rates with an Adjustable-Rate Mortgage – Your key to a dynamic homeownership journey
Learn MoreHigh-Value Appraisal Program
Learn MoreInterest Only Mortgages
Interest-only mortgages allow borrowers to pay only the interest for a set period, reducing initial monthly payments.
Learn MoreHome Equity Loans
Access the equity in your home with a fixed-rate home equity loan. Get a lump sum with predictable monthly payments for ...
Learn MoreFHA Loans
Federal Housing Administration (FHA) loans are government-backed mortgages designed to help first-time homebuyers and th...
Learn MoreFixed-Rate Mortgage
Lock in your interest rate for the life of the loan with a fixed-rate mortgage. Predictable monthly payments make budget...
Learn MoreBridge Loans
Bridge the gap between buying your new home and selling your current one. Short-term financing that gives you the flexib...
Learn MoreVA Loans
VA loans are a benefit earned by veterans, active-duty service members, and eligible surviving spouses. Backed by the De...
Learn MoreConventional Loans
Conventional loans are not backed by government agencies and typically offer the most flexibility for qualified borrower...
Learn MoreITIN Loans
Purchase a home using your Individual Taxpayer Identification Number (ITIN) without a Social Security Number. NMHL is co...
Learn MoreJumbo Loans
Jumbo loans exceed conforming loan limits and are designed for luxury properties and homes in high-cost areas. With comp...
Learn MoreDSCR Investment Loans
Debt Service Coverage Ratio (DSCR) loans qualify based on rental income rather than personal income. Perfect for real es...
Learn MoreBank Statement Loans
Bank statement loans are designed for self-employed borrowers and business owners who have difficulty documenting income...
Learn MoreReverse Mortgages
For homeowners 62 and older, reverse mortgages allow you to access your home equity without monthly payments. Stay in yo...
Learn MoreUSDA Mortgages
USDA Rural Development loans help moderate-income buyers purchase homes in eligible rural and suburban areas. With no do...
Learn MoreHeloc
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Exploring Paragould Neighborhoods
Paragould has a range of neighborhoods to suit different lifestyles and preferences. From the historic homes in Oak Lawn to the family-friendly atmosphere of Broadway, there's something for everyone. Our loan officers are familiar with the local neighborhoods and can help you find the best mortgage program for your chosen area.
- Oak Lawn: Known for its historic homes and charming tree-lined streets.
- Broadway: A family-friendly neighborhood with a mix of older and newer homes.
- King's Highway: A popular area with a range of housing options and convenient access to local amenities.
NMHL's expert loan officers can help you navigate the local neighborhoods and find the best mortgage program for your needs.
First-Time Homebuyer Programs in Arkansas
If you're a first-time homebuyer in Paragould, there are programs available to help you achieve your homeownership goals. The Arkansas Development Finance Authority (ADFA) offers a range of programs, including down payment assistance and competitive interest rates. NMHL can help you explore these options and determine your eligibility.
Some of the benefits of ADFA's programs include:
- Competitive interest rates
- Down payment assistance up to 3.5% of the home's purchase price
- Flexible credit scoring
Don't miss out on the opportunity to become a homeowner with the help of ADFA's first-time homebuyer programs. Contact NMHL today to learn more.
Understanding Property Taxes in Paragould
Property taxes in Paragould average approximately 0.65% of assessed value. This means that on a $145,000 home, you can expect to pay around $942.50 per year in property taxes. NMHL can help you factor these costs into your mortgage payment and ensure that you're prepared for the ongoing costs of homeownership.
It's also worth noting that property taxes can vary depending on the local school district and other factors. Our loan officers are knowledgeable about the local tax landscape and can help you navigate the complexities of property taxes in Paragould.
NMHL's expert loan officers can help you understand the impact of property taxes on your mortgage payment and overall cost of homeownership.
Mortgage Options for Underserved Borrowers
At NMHL, we specialize in helping underserved borrowers, including those with bad credit, self-employed individuals, and veterans. We understand that these borrowers often face unique challenges when it comes to securing a mortgage, and we're committed to providing personalized service and competitive rates.
Some of the mortgage options available to underserved borrowers include:
- FHA loans with lenient credit scoring
- VA loans for eligible veterans
- Non-QM loans for self-employed borrowers
Don't let credit challenges or non-traditional income hold you back from achieving your homeownership goals. Contact NMHL today to learn more about our mortgage options for underserved borrowers.
Frequently Asked Questions
Paragould has several desirable neighborhoods, including Oak Lawn, Broadway, and King's Highway. Each area offers a unique character and a range of housing options. Our loan officers can help you find the best mortgage program for your chosen neighborhood.
Property taxes in Paragould average approximately 0.65% of assessed value. This means that on a $145,000 home, you can expect to pay around $942.50 per year in property taxes. NMHL can help you factor these costs into your mortgage payment.
At NMHL, we offer competitive rates, personalized service, and a range of mortgage programs to suit different financial situations. Our expert loan officers are knowledgeable about the local market and can guide you through the pre-approval process with ease. We specialize in helping underserved borrowers, including those with bad credit, self-employed individuals, and veterans.
Yes, there are down payment assistance programs available in Paragould, including the Arkansas Development Finance Authority (ADFA) Down Payment Assistance Program. This program provides up to 3.5% of the home's purchase price to help with down payment and closing costs. NMHL can help you explore these options and determine your eligibility.
Getting pre-approved for a mortgage with NMHL is easy. Simply contact one of our loan officers and provide some basic financial information. We'll review your credit report and provide a pre-approval letter stating the amount you're eligible to borrow. This letter is typically valid for 30-60 days and can be used to make an offer on a home.
Mortgage rates in Paragould vary depending on the type of loan and your individual financial situation. NMHL offers competitive rates and can help you find the best rate for your mortgage. Contact us today to get a quote and learn more about our mortgage options.
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Ready to Buy in Paragould?
Let NMHL help you navigate the Paragould housing market with expert guidance and competitive rates.