The median home price in Pearl, Mississippi is approximately $190,000. Prices vary by neighborhood and property type, with some areas offering more affordable options and others featuring luxury homes. For current market data, contact NMHL's experienced loan officers who can provide you with the most up-to-date information. They can also help you find the best mortgage program for your situation.

NMHL offers a range of mortgage programs in Pearl, Mississippi, including FHA, VA, conventional, jumbo, and specialty loans. Our loan officers can help you find the best program for your situation, whether you're a first-time buyer, self-employed, or have bad credit. We also offer NMHL pre-approval, which can give you a competitive edge in the Pearl housing market. Contact us to learn more about our mortgage options.

Property taxes in Pearl average approximately 0.72% of assessed value. This translates to manageable monthly costs when factored into your mortgage payment. For example, on a $190,000 home, you can expect to pay around $1,368 per year in property taxes. Our loan officers can help you understand how property taxes will impact your mortgage payment and provide guidance on how to factor them into your homebuying decision.

Pearl has several notable neighborhoods, including the downtown area, which offers a mix of historic homes and new developments. The city also has several parks and recreational areas, making it a great destination for families. Some popular neighborhoods in Pearl include the Lake Hester neighborhood, which features beautiful lake views, and the Pearl High School district, which is known for its excellent schools. Our loan officers can provide more information on Pearl's neighborhoods and help you find the best fit for your needs.

Pearl is served by the Pearl Public School District, which includes Pearl High School, Pearl Junior High School, and several elementary schools. The district is known for its strong academic programs and extracurricular activities. School districts can impact home values, so it's essential to consider the quality of local schools when buying a home. Our loan officers can provide more information on Pearl's school districts and help you understand how they may impact your homebuying decision.

Mississippi offers several first-time homebuyer programs, including the Mississippi Home Corporation's (MHC) Down Payment Assistance Program, which provides up to $10,000 in down payment assistance. NMHL also offers first-time homebuyer programs, including FHA loans with 3.5% down payment requirements. Our loan officers can help you explore these options and find the best fit for your situation. Contact us to learn more about our first-time homebuyer programs.

Down payment requirements vary by mortgage program. For example, FHA loans require a down payment of 3.5%, while conventional loans can require as little as 5% down. NMHL also offers specialty loans with more lenient credit requirements and lower down payments. Our loan officers can help you understand the down payment requirements for different mortgage programs and find the best fit for your situation. Contact us to learn more about our mortgage options.