SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Walton, NY

The Best Mortgage Lenders in Walton, NY

Compare verified mortgage lenders serving Walton, New York. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.6
Avg Rating
775+
Reviews
10
Loan Types

Available Loan Programs in Walton

Conventional
FHA
VA
USDA
Jumbo
Home Equity
Refinance
First-Time Homebuyer
Construction Loans
Reverse Mortgages

Featured Mortgage Lenders

1

NBT Bank Mortgage Department

NBT Bank, N.A.

★★★★☆
4.3/5

NBT Bank is a highly trusted local institution with a physical branch in Walton, providing personalized mortgage services to the community for over a century. They are known for their competitive rates, exceptional customer service, and deep understanding of the local real estate market in Delaware County and surrounding areas. With a strong emphasis on relationship banking, they offer a wide range of loan products and have a reputation for reliability and community involvement, making them a top choice for homebuyers in rural upstate NY.

Experience:168 years (established 1856, with long-standing local presence)
Reviews:185 customer reviews
129 Delaware St, Walton, NY 13856

Loan Types:

ConventionalFHAVAUSDAJumboHome EquityRefinance
Visit Website
2

Homestead Funding Corp

Homestead Funding Corp

★★★★☆
4.7/5

Homestead Funding Corp is a top-rated mortgage broker serving Walton and the broader upstate NY region, with over 25 years of experience. They excel in providing tailored mortgage solutions, particularly for first-time homebuyers and those in rural areas, with a focus on competitive rates and exceptional customer satisfaction. Their team of local experts is known for guiding clients through the entire loan process smoothly, backed by high ratings for transparency and reliability. They actively serve Delaware County and have a strong track record in the Catskills area.

Loan Types:

ConventionalFHAVAUSDAFirst-Time HomebuyerRefinanceConstruction Loans
Visit Website
3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage Corporation is a nationally recognized lender with a strong local presence in the Binghamton area, serving Walton and surrounding regions. They are praised for their competitive rates, efficient processing, and outstanding customer service, with numerous awards for customer satisfaction. Their dedicated team offers a wide array of loan options and is known for making the mortgage process straightforward and stress-free. With a commitment to community engagement and years of experience, they are a reliable choice for homebuyers in upstate NY.

Experience:28 years
Reviews:320 customer reviews
4100 Vestal Rd, Binghamton, NY 13903

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceReverse Mortgages
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Walton, NY

Are there any special mortgage programs for first-time homebuyers in Walton, NY?

Yes, first-time homebuyers in Walton can access the State of New York Mortgage Agency (SONYMA) programs, which offer low down payments, competitive rates, and down payment assistance. Additionally, Delaware County may have local grants or programs, so it's wise to check with the Delaware County Economic Development office or a local lender familiar with the area for the most current opportunities.

How do property taxes in Delaware County affect my mortgage qualification and payments in Walton?

Delaware County has relatively moderate property tax rates compared to downstate New York, but they are still a significant factor. Lenders will include your estimated annual taxes in your debt-to-income ratio calculation. For a typical Walton home, expect to have a substantial escrow payment bundled with your principal and interest, which can impact the monthly payment amount you qualify for.

What types of properties might require special mortgage consideration in the Walton area?

Given Walton's rural setting in the Catskills, you may encounter unique properties like older farmhouses, homes with significant acreage, or properties with non-standard features. These can sometimes require more specialized appraisals and may not qualify for all conventional loan programs. It's crucial to work with a lender experienced in rural properties to navigate any potential hurdles.

How does the seasonal and tourism-based economy in the Catskills region impact mortgage lending in Walton?

For buyers whose income is seasonal (e.g., in tourism, hospitality, or recreation), mortgage qualification can require more documentation. Lenders will typically look at a two-year history of such income and may average it. Providing strong tax returns and proof of consistent annual earnings is key to securing a loan in this market.

Are USDA Rural Development loans available for homes in Walton, NY?

Absolutely. Walton and much of Delaware County are eligible for USDA Single Family Housing Guaranteed Loans. This is a significant program for the area, as it offers 100% financing (no down payment) for eligible borrowers and properties in designated rural areas, making homeownership more accessible given the local income levels and property prices.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent is Your Secret Weapon in Walton, NY

Searching for "home loan agents near me" in Walton, New York, is more than just a convenience—it's a strategic first step toward homeownership in our unique corner of the Catskills. While online lenders might seem tempting, partnering with a local mortgage professional who understands the nuances of Delaware County can make the difference between a smooth closing and a frustrating process.

Walton’s real estate market presents a specific set of opportunities and challenges. You might be looking at a charming Victorian in the village, a riverfront property along the West Branch Delaware, or a secluded parcel of land. A local agent understands how appraisers value these diverse property types here. They know which properties might have septic or well considerations that out-of-town underwriters could flag, and they can accurately guide you on what "fair market value" truly looks like in our area. Their network includes local attorneys, inspectors, and title companies, ensuring your transaction follows New York State’s specific closing protocols smoothly.

On a practical level, starting your search locally means getting insights you can't find online. Visit or call community banks and credit unions in Walton, like The Delaware National Bank of Delhi or NBT Bank. These institutions often have deep roots in the area and may offer portfolio loans for properties that don’t fit a big bank's mold. Ask them for a referral to their in-house loan officers or trusted local brokers. Attend local open houses and politely ask the real estate agents which mortgage professionals they prefer to work with; a recommendation from someone who sees dozens of local transactions is gold.

New York State offers several programs that a knowledgeable local agent can help you navigate. The State of New York Mortgage Agency (SONYMA) provides low-interest-rate loans, down payment assistance, and special programs for first-time homebuyers, which can be a huge benefit. A local expert will know if you qualify for any area-specific grants or if your closing can benefit from the NYS Mortgage Recording Tax credit.

Your actionable advice is this: Don't just search—interview. Once you have a few names, set up brief conversations. Ask them: "How many loans have you closed in Delaware County in the last year?" "What specific challenges have you seen with properties in the Walton school district?" "Can you walk me through the New York State-specific steps in your process?" Their answers will immediately tell you who has the boots-on-the-ground experience you need.

In a tight-knit community like Walton, your home loan agent is more than a facilitator; they're a local guide. By choosing someone who knows our backroads and our bureaucracy, you’re not just getting a loan, you’re gaining a partner who is invested in helping you successfully plant roots right here where you want to be.

Nearby Cities

Explore mortgage lenders in cities near Walton, NY

Why Choose a Mortgage Lender in Walton?

Local Market Knowledge

Lenders who understand Walton'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 Walton and get competitive rates on your home loan.