The Best Mortgage Lenders in Mattituck, NY
Compare verified mortgage lenders serving Mattituck, New York. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Mattituck
Featured Mortgage Lenders
Joseph A. Gergela III
Certified Mortgage Associates
Certified Mortgage Associates is one of the highest-rated mortgage brokers serving the North Fork region including Mattituck. With over two decades of experience, they specialize in personalized service for both primary residences and investment properties in the Hamptons and North Fork markets. Their team has deep local market knowledge and relationships with multiple lenders to secure competitive rates. They are particularly noted for their expertise in jumbo loans and waterfront properties common in the Mattituck area.
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Michael Ardolino
Teachers Federal Credit Union Mortgage Services
Teachers Federal Credit Union has been serving Long Island residents for over 70 years and maintains a strong presence throughout Suffolk County, including Mattituck. As a not-for-profit financial cooperative, they offer highly competitive rates and personalized service. Their mortgage team specializes in first-time homebuyer programs and provides extensive educational resources. With multiple branches across Long Island and robust online services, they combine local expertise with the stability of an established financial institution.
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Brian Dyckes
CrossCountry Mortgage - Mattituck Office
CrossCountry Mortgage's Mattituck office provides local expertise with the backing of a national mortgage lender. Brian Dyckes and his team have deep roots in the North Fork community and specialize in the unique property types found in Mattituck, including waterfront homes, vineyards, and agricultural properties. They offer a wide range of loan products and are known for their responsive communication throughout the mortgage process. Their physical presence in Mattituck ensures convenient access for local clients.
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Frequently Asked Questions
Common questions about mortgage lending in Mattituck, NY
Are there specific mortgage considerations for buying a waterfront or flood zone property in Mattituck?
Yes, purchasing property near Mattituck's creeks, inlets, or the Long Island Sound often requires a separate flood insurance policy, which is mandatory for federally backed mortgages in designated Special Flood Hazard Areas (SFHAs). Lenders will require a flood elevation certificate, and insurance costs can significantly impact your total monthly payment. It's crucial to factor this into your budget early in the home search process.
What local or county programs are available to help with down payments for first-time homebuyers in Mattituck?
Suffolk County offers the "Homebuyer Assistance Program" which provides eligible first-time buyers with up to $14,999 in down payment and closing cost assistance in the form of a zero-interest, forgivable loan. Additionally, the New York State Homes and Community Renewal (HCR) offers programs like "Achieving the Dream," which can provide down payment assistance to qualified buyers in Mattituck, often targeting low- to moderate-income households.
How do Mattituck's agricultural zoning and potential for farmstead properties affect mortgage lending?
Purchasing a property with agricultural zoning or an existing farm operation in Mattituck can complicate financing. Many standard residential loans have restrictions on income-producing land or certain outbuildings. You may need to work with a lender experienced in agricultural or "hobby farm" loans, and be prepared for a more detailed appraisal that assesses both the residential and land value separately.
Are mortgage rates typically higher on the North Fork (Mattituck) compared to other parts of Long Island or New York State?
Mortgage rates are primarily set by national markets and your personal credit profile, not your specific town. However, because Mattituck is considered a "second home market" with many seasonal/vacation properties, lenders may have slightly stricter requirements or different pricing for non-primary residences. For a primary home, you should expect rates competitive with the broader Suffolk County area.
What is a common appraisal challenge for unique or historic homes in Mattituck's older neighborhoods?
Appraising unique, historic, or significantly renovated older homes in areas like Mattituck's Love Lane vicinity or near the village center can be challenging due to a lack of recent, comparable sales ("comps"). Lenders require a solid appraisal, so it's wise to work with a local real estate agent who can provide the appraiser with relevant data on similar unique properties that have sold to support the home's value.
Why Choose a Mortgage Lender in Mattituck?
Local Market Knowledge
Lenders who understand Mattituck'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 Mattituck and get competitive rates on your home loan.