Mortgage Lenders in Biloxi, MS
Browse mortgage lenders serving Biloxi, Mississippi. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Mississippi before hiring.
Showing 16 mortgage lenders in Biloxi, MS
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage lenders in Biloxi Mississippi help homebuyers secure financing for residential properties. Mississippi law requires all mortgage loan originators to be licensed through the Nationwide Multistate Licensing System. Local lenders are familiar with Biloxi coastal property insurance requirements and flood zone regulations.
What Does a Mortgage Lender in Biloxi Cost?
Mortgage lender fees in Mississippi include origination fees of 0.5 to 1 percent of the loan amount, appraisal fees of 400 to 700 dollars, and title insurance premiums based on loan size. Recording fees in Harrison County are about 30 to 50 dollars. Mississippi does not impose a state transfer tax. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What license does a mortgage lender need in Mississippi?
Mortgage loan originators must hold a valid license through the NMLS and complete 20 hours of pre-licensing education. They must also pass a national and state-specific exam. Licenses are renewed annually.
Are there specific mortgage laws in Mississippi?
Mississippi follows a deed of trust system for foreclosures. The state has a 120-day right to cure period for residential mortgages. Mississippi also has a 3-year statute of limitations for deficiency judgments after foreclosure.
What is the average closing cost for a mortgage in Biloxi?
Closing costs in Mississippi typically range from 2 to 5 percent of the loan amount. For a 200,000 dollar home, costs can be between 4,000 and 10,000 dollars. These costs include origination fees, appraisal, title insurance, and recording fees.