The median home price in Ridgeland, Mississippi is approximately $250,000. Prices vary by neighborhood and property type. For example, homes in the desirable Belhaven neighborhood tend to be priced higher, while homes in the Oak Hill neighborhood may be more affordable. Contact NMHL for current market data and to discuss your homebuying options.

NMHL offers a range of mortgage programs in Ridgeland, 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 homebuyer, self-employed, or have bad credit. We also offer NMHL pre-approval, which can give you a competitive edge in the market.

Property taxes in Ridgeland average approximately 0.72% of assessed value. This translates to manageable monthly costs when factored into your mortgage payment. For example, on a $250,000 home, you can expect to pay around $1,800 per year in property taxes. Our loan officers can help you understand how property taxes will impact your mortgage payment.

Ridgeland has several desirable neighborhoods to choose from, each with its own unique character. Belhaven is a popular neighborhood with a mix of older and newer homes, while Oak Hill is a more affordable option with a strong sense of community. Other neighborhoods to consider include Downtown Ridgeland, which offers a vibrant mix of shops, restaurants, and entertainment options. Our loan officers can help you explore the different neighborhoods and find the best fit for your needs and budget.

Ridgeland is served by the Madison County School District, which is highly rated in Mississippi. The district offers a range of schools, from elementary to high school, and is known for its strong academic programs. Homebuyers should consider the school district when evaluating neighborhoods, as it can impact property values and resale potential. Our loan officers can help you understand how the school district may impact your homebuying decision.

Mississippi offers several first-time homebuyer programs, including the Mississippi Homebuyer Program, which provides down payment assistance and competitive interest rates. NMHL also offers a range of programs specifically designed for first-time homebuyers, including FHA loans with low down payment requirements. Our loan officers can help you explore these options and find the best fit for your needs and budget.

Yes, NMHL offers pre-approval for mortgage loans in Ridgeland. Our loan officers can review your credit report, income, and other financial information to provide a pre-approval letter that indicates how much you can borrow. This can give you a competitive edge in the market and help you negotiate with sellers. Contact us to get pre-approved today.