At Next Gen Lending, we do more than offer mortgages—we guide you through every step of your homeownership journey, unlocking opportunities and making your dreams a reality.
Your hometown mortgage experts!
Most people find that mortgage financing is complicated and confusing. We help you buy your dream home by simplifying the mortgage financing process with personalized loan options that save you time and money.
Featured Locations
Explore some of the best areas across the Carolinas, from fast-growing suburban communities to vibrant waterfront destinations and charming historic towns. Each location offers its own unique lifestyle, attractions, and local character, giving you a closer look at what makes this region such a desirable place to live and visit.
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Today’s Mortgage Rates
Purchase Pre-Approval
Refinance Analysis
Today’s Mortgage Rates
Purchase Pre-Approval
Refinance Analysis
Next Gen Lending
NMLS #2442360
Welcome to Next Gen Lending where your homeownership dreams take center stage. In the ever-evolving landscape of mortgages, we don’t just offer loans; we craft personalized narratives of financial empowerment. Our mission is a compass guiding us—powered by honesty, integrity, and competence, we navigate the intricate terrain of home loans with a commitment to excellence.
Unleashing Possibilities
At Next Gen Lending, we believe in more than just securing a mortgage; we believe in unlocking the doors to a brighter future. Our goal is to provide our clients with multiple options and strategic solutions at the most competitive pricing. Imagine stepping into a new home and a future where financial ease and homeownership dreams seamlessly converge. Proudly serving NC, SC, FL, TN, and WV.
Founded on Faith • Formed by Friends • Focused on Your Future
Mooresville, NCHickory, NC
Why Choose Next Gen Lending?
- Personalized mortgage solutions tailored to your goals
- Competitive rates with transparent, low closing costs
- Expert guidance from application to closing
- Support for credit and financial challenges
- Honest, client-first lending you can trust
How The Process Works
1
Documentation
There are a few critical documents we will need to verify to start your process.
2
Appraisal
The appraisal ensures the home you are buying is worth the price that is being offered.
3
Initial Underwriting
The Underwriter will verify that all information is accurate and authentic.
4
Conditional Approval
Conditional Approval is granted when the Underwriter approves the loan under certain conditions.
5
Clear To Close
The Underwriter verifies that all documentation has been provided and all conditions have been met.
Does renting or buying a home make more sense? Check out what is best for you by using our Rent vs Buy Calculator...
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
Buying is cheaper than renting after
If you buy a house, after 3 years it will cost you $58 more per month and $5000 more in total than if you had rented.
But you will own in equity of your home with an appreciated value of .
If you buy a house, after 3 years you will have saved $58 per month and $5000 in total than if you had rented.
You will also own in equity of your home with an appreciated value of .
Buying will never be cheaper than renting
Home equity after
1 year
years
TOTAL COST
YEARS
Costs over
Monthly Cost (after )
Yearly Cost (after )
Total Cost (after )
Rent
Buy
Difference
$0
$0
$0
Rent
Buy
Difference
$3,019
$92,453
$89,434
Rent
Buy
Difference
$3,019
$92,453
$89,434
Estimated Costs
These costs are estimated based on the information under the advanced section. You may adjust these values to suit your particular situation in order to get a more accurate estimate.
Monthly mortgage payments
$
Homeowner's insurance
$
Private Mortgage Insurance
$
HOA dues
$
Property tax
$
Home repairs
$
Renovations
$
Closing costs
$
Yearly rent increase
%
Rental insurance
$
How We Calculate the Costs
Calculating the Cost of Renting
The cost of renting is relatively straightforward to calculate. It primarily includes your monthly rent payments and a few additional expenses:
- Monthly rent payments
- Security deposit (typically equal to one month's rent)
- Renters insurance (annual premium)
- Down payment
- Closing costs (typically 2-5% of the home's value)
- Monthly mortgage payments (principal and interest)
- Property taxes
- Homeowners insurance
- Private Mortgage Insurance (PMI) if applicable
- HOA fees (if applicable)
- Maintenance and repairs
- Home improvements and renovations
- Annual home appreciation rate: %
- Annual rent increase: %
- Renters insurance: $ per year
- Home maintenance and repairs: % of home value per year
- Home improvements and renovations: % of home value per year
- Selling costs when you sell the home: % of home value
