Trusted Mortgage Lender in Mississippi

Customized home loans tailored for Mississippi buyers, with local service and national strength. 

Born in New England, Built to Serve Mississippi

Are you searching for a dedicated team of professional mortgage lenders who genuinely care about their customers and are committed to providing a seamless, worry-free experience? Look no further than NewFed Mortgage Corp.! As a trusted mortgage lender in Mississippi, we believe in the success of our customers and aim to secure a mortgage that works in your favor. That’s why we prioritize addressing your every need as we guide you through the home buying or refinancing process. Our motto is “mortgages for every stage of your life,” so whether you’re in Jackson, Gulfport, or any part of the Magnolia State, our experts at NewFed Mortgage Corp. are here to assist you. We’re dedicated to guiding you through various mortgage property types, explaining refinancing options, and clarifying any confusion surrounding reverse mortgages.

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Danvers Branch

Reading Branch

North Andover Branch

Winthrop Branch

Milton Branch

Mississippi at a Glance

Population

2,940,057

Average Household Income

$68,636

Abundance of wildlife and Southern Charm

Top 3 Industries: Agriculture, Manufacturing, Real Estate

Mississippi Mortgage & Housing Market Insights

Median Home Price

Recent data taken as of April, 2025, reflect the median price for a home in Mississippi to be 191,887, reflecting a 1.8% increase over the past year.

Affordability Index

Affordability metrics suggest that spending more than 30% of income on housing is considered unaffordable in today's market. NewFed Mortgage can provide loan options to help cover the current costs of homeownership.

Financed Property Types

Single-family homes are the most commonly financed property type in Mississippi, especially in suburban and rural areas.

Mortgage Options for Mississippi Homebuyers

Conventional Loans

Best for people with steady income and good credit who want low-interest rates.

VA Loans

A top choice for veterans, active military, and their families to buy a home with no down payment.

USDA Loans

Best for people buying a home in the country, with no down payment and low costs.

Renovation Loans

Helps buyers fix up a home while buying it, all in one loan.

Reverse Mortgages

A good choice for older homeowners who want to get money from their home without selling it.

Non-Conventional Loans

A good option for people who don’t qualify for regular home loans but need a special loan.

Jumbo Loans

Great for buying high-priced homes that need a bigger loan than usual.

HELOC Loans

Lets homeowners use the value of their home to get money for projects or bills.

FHA Loans

A smart pick for first-time homebuyers or people with lower credit who need a small down payment.

Mortgage Pricing & Affordability Calculators

Crunch some numbers to see what options you may have. These calculators are a great way to start exploring your possibilities. To get a true loan estimate, reach out to one of our mortgage loan officers! We will get you pre-approved and shopping with confidence. 

Five Things to Know When Starting the Homebuying Process

Just getting started on your homebuying journey? Our free guide, 5 Things to Know When Starting the Homebuying Process, is packed with expert tips to help you feel confident and prepared from day one. Learn how to get pre-approved, understand hidden costs, act fast in competitive markets, and more. Download your copy today and take the first step toward smart, stress-free homeownership with NewFed Mortgage by your side.

Why More Mississippi Buyers Choose NewFed Mortgage

  • Fast closings (39% faster than industry average)
  • Local loan officers
  • Modern (and mobile-friendly) tech + personal support
  • 20+ years of local mortgage lending

What Our Clients Say About Us