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For most people, finding the right home in Olive Branch, Mississippi is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Olive Branch, Mississippi lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Olive Branch within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Olive Branch that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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What is now the downtown area of Olive Branch was purchased by Milton Blocker and Stephen Flinn more than a century and a half ago, on April 13, 1836, from Chickasaw Indian Chief Lush-Pum-Tubby. The 1,280 acres were purchased for $1.20 per acre. The town was originally known as Cowpens, named for the cow pens that lined the primary road. The town was later renamed to Watson's Crossroads in honor of Sam Watson, a Methodist minister at Methodist Church of Olive Branch. This church, originally founded in 1840, is now known as Maples Memorial Methodist Church. In 1846, the town gets its first Post Office and changes its name to Olive Branch. 29 years later, on May 1, 1875, the area composed of 150 people was formally incorporated as Olive Branch. The first mayor of Olive Branch was Ben Wesson. In 1875, he constructs a new home, what is now known as Wesson House. -- Source: Wikipedia.com
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Census Data for Olive Branch, Mississippi
| Olive Branch | Mississippi | United States | |
| Population | 21,054 | 2,844,658 | 281,421,906 |
| Median age | 33.1 | 33.8 | 35.3 |
| Median age for Male | 32.5 | 32.2 | 34 |
| Median age for Female | 33.6 | 35.3 | 36.5 |
| Households | 7,546 | 1,046,434 | 105,480,101 |
| Household population | 20,992 | 2,749,244 | 273,643,273 |
| Average household size | 2.78 | 2.63 | 2.59 |
| Families | 6,035 | 747,159 | 71,787,347 |
| Average family size | 3.13 | 3.14 | 3.14 |
| Housing units | 7,935 | 1,161,953 | 115,904,641 |
| Occupied units | 7,546 | 1,046,434 | 105,480,101 |
| Vacant units | 389 | 115,519 | 10,424,540 |
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