The Best Mortgage Lenders in Kent, NY
Compare verified mortgage lenders serving Kent, New York. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Kent
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in the Hudson Valley region, serving Kent, NY. Known for its competitive rates and exceptional customer service, the company combines digital efficiency with personalized support from local experts. With over two decades of experience, it maintains high ratings for its streamlined application process, transparency, and wide range of loan options, making it a preferred choice for homebuyers in Putnam County and surrounding areas.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly reputable mortgage broker with a dedicated branch in the Hudson Valley, offering personalized service to clients in Kent, NY. It excels in providing tailored loan solutions with a focus on customer satisfaction, backed by two decades of industry experience. The company is praised for its knowledgeable staff, flexible loan products, and commitment to guiding borrowers through the entire mortgage process, earning strong reviews for reliability and community integration.
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loanDepot
loanDepot, LLC
loanDepot is a leading national mortgage lender with a local office in White Plains, effectively serving the Kent, NY area. It stands out for its innovative digital platform, which simplifies the mortgage process while offering competitive rates and fast approvals. With over a decade of experience, loanDepot has built a strong reputation for customer-centric service, a diverse array of loan options, and high satisfaction ratings, making it an excellent choice for tech-savvy homebuyers seeking efficiency and reliability.
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Frequently Asked Questions
Common questions about mortgage lending in Kent, NY
Are there any special mortgage programs for first-time homebuyers in Kent, NY?
Yes, first-time homebuyers in Kent may qualify for the State of New York Mortgage Agency (SONYMA) programs, which offer low down payments, competitive interest rates, and down payment assistance. Putnam County, where Kent is located, may also have local grants or assistance programs, so it's advisable to check with a local lender familiar with the area's specific offerings.
How do property taxes in Kent, NY, impact my mortgage qualification and monthly payment?
Property taxes in the Town of Kent are a significant component of your monthly mortgage payment, as Putnam County has some of the highest property tax rates in New York State. Lenders will factor these taxes into your debt-to-income ratio, and you should budget for an escrow payment that typically adds several hundred dollars to your monthly mortgage obligation.
What is the typical down payment required for a home in Kent's competitive market?
While 20% down is standard to avoid private mortgage insurance (PMI), the competitive market for single-family homes in Kent often sees successful conventional loan offers with 10-15% down. For more rural or unique properties, some lenders may require a larger down payment due to appraisal considerations.
Are USDA loans available for homes in Kent, NY, given its semi-rural setting?
Yes, many areas within the Town of Kent are eligible for USDA Rural Development loans, which offer 100% financing. A local mortgage lender can help determine if a specific property address qualifies for this program, which is an excellent option for eligible buyers seeking to purchase with no down payment.
How do seasonal weather conditions in Kent affect the home buying and mortgage process?
The mortgage process for a home in Kent can be impacted by winter weather, which may delay home inspections and appraisals. Furthermore, lenders may require specific insurance considerations for properties with features like long driveways or reliance on wells/septic systems, which should be factored into your closing timeline and costs.
Why Choose a Mortgage Lender in Kent?
Local Market Knowledge
Lenders who understand Kent'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 Kent and get competitive rates on your home loan.