The Best Mortgage Lenders in Hunt, NY
Compare verified mortgage lenders serving Hunt, New York. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hunt
Featured Mortgage Lenders
Michael A. Brongo
Fairport Mortgage
Fairport Mortgage is a highly-rated regional mortgage broker serving the Greater Rochester area including Hunt, NY. With over two decades of experience, they've built an exceptional reputation for personalized service and competitive rates. They specialize in working with buyers throughout Livingston County and have particular expertise in rural properties common in the Hunt area. Their team of local mortgage experts provides comprehensive guidance through the entire loan process, earning consistent 5-star reviews for their responsiveness and attention to detail.
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ESL Federal Credit Union Mortgage Department
ESL Federal Credit Union
As one of Rochester's most established financial institutions, ESL Federal Credit Union has been serving the Finger Lakes region for over a century. They offer competitive mortgage rates to members throughout Livingston County, including Hunt residents. Known for their exceptional member service and community-focused approach, ESL provides a full range of mortgage products with local underwriting and decision-making. Their mortgage specialists are praised for making the home financing process straightforward and stress-free, with many customers noting their competitive rates and personalized attention.
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Premium Mortgage Corp - Geneseo Branch
Premium Mortgage Corporation
Premium Mortgage Corporation has a strong presence in Livingston County with their Geneseo branch conveniently located to serve Hunt residents. As a direct lender with 30 years of experience, they offer competitive rates and local processing expertise. Specializing in rural and suburban properties, they have particular knowledge of the Hunt area's real estate market. Customers consistently praise their efficient processing, transparent communication, and ability to handle complex financing situations. Their local loan officers provide personalized service while leveraging the resources of an established regional mortgage company.
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Frequently Asked Questions
Common questions about mortgage lending in Hunt, NY
What are the typical down payment requirements for a home in Hunt, NY, given its rural and seasonal market?
In Hunt's primarily rural market with many seasonal/vacation properties, lenders often require a higher down payment, typically 20% or more, especially for non-primary residences. For a primary home, conventional loans with 5-10% down are possible, but jumbo loans for higher-value properties near the Genesee River or Letchworth State Park may have stricter requirements. It's crucial to discuss your specific property type with a local lender familiar with Livingston County.
Are there any special mortgage programs for first-time homebuyers in Hunt, NY?
Yes, first-time homebuyers in Hunt can access statewide programs like SONYMA's Low Interest Rate or Achieving the Dream loans, which offer competitive rates and down payment assistance. Additionally, the "First Home Club" program, offered through partnering local banks and credit unions, provides matched savings grants for down payment and closing costs, which can be particularly helpful in this market.
How does the appraisal process work for a unique or rural property in Hunt?
Appraising unique, rural, or large-lot properties in Hunt requires an appraiser with specific expertise in the local market. They will evaluate comparable sales ("comps") from similar rural areas in Livingston County or the Finger Lakes region, which can be scarce. This process may take longer and cost more than a standard appraisal, and the value can be heavily influenced by land acreage, outbuildings, and proximity to Letchworth State Park.
What should I know about property taxes and escrow when getting a mortgage in Hunt?
Property taxes in the Town of Hunt (Livingston County) are a significant consideration. Your lender will establish an escrow account to pay these taxes, which are billed annually. It's important to note that taxes can vary widely based on the property's assessed value and its specific school district (typically Keshequa Central School District), so factor this into your overall monthly payment calculation.
Are USDA Rural Development loans available for homes in Hunt, NY?
Absolutely. Given Hunt's rural designation, many properties qualify for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment) for eligible borrowers and properties. This is a highly attractive program for primary residences in the area, but the home must meet USDA property eligibility criteria, which a local mortgage officer can help verify using the official USDA eligibility map.
Why Choose a Mortgage Lender in Hunt?
Local Market Knowledge
Lenders who understand Hunt's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in New York.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Hunt and get competitive rates on your home loan.