The Best Mortgage Lenders in Tarrytown, NY
Compare verified mortgage lenders serving Tarrytown, New York. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Tarrytown
Featured Mortgage Lenders
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage stands out as one of the highest-rated mortgage lenders serving Tarrytown with exceptional customer satisfaction ratings. Their local Tarrytown office provides personalized service with access to a wide range of loan products and competitive rates. They specialize in both purchase and refinance mortgages with expertise in jumbo loans that are common in Westchester County's premium housing market. The company has built a strong reputation for transparent communication, quick closings, and expert guidance through complex mortgage processes.
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Hudson Valley Credit Union
Hudson Valley Credit Union
As one of the most trusted credit unions in the Hudson Valley region, HVCU has been serving Tarrytown residents for decades with competitive mortgage rates and exceptional member service. Their local presence throughout Westchester County combined with not-for-profit structure allows them to offer lower fees and more personalized service than many national banks. They are particularly strong with first-time homebuyer programs and offer comprehensive mortgage counseling. The credit union's deep community roots and member-focused approach make them a top choice for Tarrytown home financing.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate's White Plains office serves Tarrytown with innovative digital mortgage solutions and highly competitive rates. They are particularly known for their streamlined online application process and quick closing times, often completing mortgages in as little as 15 days. The company has received numerous industry awards for their technology platform and customer service excellence. Their local mortgage experts have deep knowledge of Westchester County's real estate market and specialize in jumbo loans that are common in Tarrytown's premium housing segments.
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Frequently Asked Questions
Common questions about mortgage lending in Tarrytown, NY
Are there any special mortgage programs for first-time homebuyers in Tarrytown, NY?
Yes, Tarrytown homebuyers can access New York State programs like the SONYMA Low-Interest Rate Mortgage, which offers competitive rates and down payment assistance. Additionally, the SONYMA Achieving the Dream program is specifically designed for first-time buyers in targeted areas, which may include parts of Tarrytown, offering up to 97% financing and closing cost assistance.
How do property taxes in Tarrytown impact my mortgage qualification and payments?
Tarrytown, located in the Town of Greenburgh, has notably high property taxes, which are a significant component of your monthly mortgage payment (PITI). Lenders will carefully scrutinize your debt-to-income ratio, and the high tax burden can reduce the loan amount you qualify for. It's crucial to get an accurate tax estimate early in your home search.
What are typical down payment requirements for a condo or co-op in Tarrytown?
For condos in Tarrytown, lenders typically require a minimum of 10% down, though 20% is common to avoid private mortgage insurance (PMI). For co-ops, which are prevalent in the area, requirements are often stricter, with many co-op boards requiring 20-30% down payment, and lenders may have specific approval processes for the building itself.
Does Tarrytown's proximity to New York City affect mortgage rates or loan types?
While national rates apply, Tarrytown's status as a Westchester County suburb of NYC can influence lender appetite and available products. Jumbo loans are more common due to higher home prices, and some lenders may offer specialized programs for commuters or professionals working in the city. Local lenders familiar with the Westchester market can often provide the most competitive terms.
Are there specific considerations for getting a mortgage on a historic home in Tarrytown?
Absolutely. Tarrytown has many historic homes, especially in its village center. Financing these properties may require a specialized appraisal that understands historic value and potential renovation costs. Some properties may be subject to local preservation guidelines, which can affect the scope of repairs and the type of renovation loans (like a Fannie Mae HomeStyle® loan) you might need.
Why Choose a Mortgage Lender in Tarrytown?
Local Market Knowledge
Lenders who understand Tarrytown'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 Tarrytown and get competitive rates on your home loan.