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Williston Park, NY

The Best Mortgage Lenders in Williston Park, NY

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

3
Top Lenders
4.6
Avg Rating
750+
Reviews
7
Loan Types

Available Loan Programs in Williston Park

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM

Featured Mortgage Lenders

1

CrossCountry Mortgage

CrossCountry Mortgage, LLC

★★★★☆
4.5/5

CrossCountry Mortgage is a top-rated lender with a strong local presence in Nassau County, known for its personalized service and competitive rates. With over 20 years in business, they excel in various loan types and have high customer satisfaction ratings, making them a reliable choice for Williston Park residents seeking flexible mortgage solutions.

Experience:20 years
Reviews:240 customer reviews
1000 Franklin Ave Suite 204, Garden City, NY 11530

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.6/5

Guaranteed Rate is a highly reputable national lender with a significant footprint in the New York metro area, including Williston Park. They are praised for their digital mortgage process, competitive rates, and excellent customer service, with numerous awards and high ratings reflecting their commitment to efficiency and borrower satisfaction.

Experience:23 years
Reviews:320 customer reviews
1 Grand Central Place, 60 East 42nd Street, New York, NY 10165

Loan Types:

ConventionalFHAVAJumboARMRefinance
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3

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.7/5

Fairway Independent Mortgage Corporation is a well-established lender with a strong regional presence on Long Island, serving Williston Park with a focus on community-oriented service. They are known for their competitive rates, extensive loan options, and high customer satisfaction, backed by decades of experience and numerous industry accolades.

Experience:27 years
Reviews:190 customer reviews
2001 Marcus Avenue Suite N220, Lake Success, NY 11042

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Williston Park, NY

What are the typical down payment requirements for buying a home in Williston Park, given its higher-than-average home prices?

For Williston Park's competitive market, a 20% down payment is common to avoid private mortgage insurance (PMI) and strengthen your offer. However, many local lenders offer conventional loans with down payments as low as 3-5%, and FHA loans with 3.5% down are also an option, though they may be less competitive in multiple-offer situations common here.

Are there any specific first-time homebuyer programs or grants available for Williston Park residents?

Yes, the New York State Homes and Community Renewal (HCR) offers the "Achieving the Dream" program, which provides down payment assistance up to $15,000 for first-time buyers in Nassau County, including Williston Park. Additionally, the Nassau County Office of Housing and Community Development may have local grants; it's crucial to work with a mortgage broker familiar with these layered programs.

How do property taxes in Williston Park impact mortgage qualification and monthly payments?

Williston Park has significant property taxes, often ranging from $10,000 to $20,000+ annually. Lenders will include this high escrow amount in your debt-to-income (DTI) ratio calculation, which can substantially reduce the loan amount you qualify for. It's essential to get a precise tax estimate early in your search to understand your true monthly payment.

What type of home insurance considerations are unique to getting a mortgage in Williston Park?

Due to Williston Park's location in Nassau County and its older housing stock, lenders will require a standard homeowner's policy and may mandate additional flood insurance if the property is in a designated flood zone (parts of the village are in Zone X). Sewer backup coverage is also highly recommended given the area's older infrastructure, which can affect insurance costs factored into your mortgage payment.

How competitive is the mortgage rate environment for buyers in Williston Park compared to the national average?

Rates in Williston Park are generally aligned with national averages but can vary slightly between local community banks, credit unions, and national lenders. Given the high loan amounts needed for the local market, even a small difference in rate has a large financial impact. It's especially important to shop around with lenders who have strong relationships with local sellers' attorneys and can ensure timely closings, which is a key competitive advantage here.

Mortgage Insights

Finding the Right Mortgage Partner in Williston Park: More Than Just a Search

When you're looking to buy a home in a village like Williston Park, the search for "mortgage companies near me" takes on a special significance. This isn't just about finding a lender; it's about finding a financial partner who understands the nuances of our tight-knit community and the competitive Nassau County market. With tree-lined streets, a mix of classic colonials and charming ranches, and a strong sense of local pride, securing financing here requires a lender who sees beyond the numbers to the unique value of a Williston Park address.

Your first step should be to prioritize local expertise. A mortgage broker or loan officer with deep roots in Nassau County will have an intimate understanding of property values on different blocks, from the areas north of Hillside Avenue to the neighborhoods surrounding the Long Island Rail Road station. They can accurately appraise the worth of an updated kitchen in a 1950s Cape Cod or the premium for a well-maintained Tudor. This local knowledge is invaluable during the appraisal process, which can be a critical hurdle in a market where bidding happens quickly and homes often sell above asking price.

Practically speaking, don't just rely on online searches. Ask your local real estate agent for referrals—they work with lenders daily and know who provides smooth, reliable closings. Visit local banks and credit unions with branches in the village or neighboring towns like Mineola or East Williston. These institutions often have a vested interest in the community and may offer competitive rates or more personalized service. Schedule consultations with a few options to compare not just rates, but also their communication style and understanding of your timeline.

As a New York homebuyer, you have access to specific programs that a knowledgeable local lender can help you navigate. Explore the SONYMA (State of New York Mortgage Agency) programs, which offer low down payment options, competitive interest rates, and down payment assistance. These can be particularly powerful for first-time buyers looking to enter the Williston Park market. A lender familiar with SONYMA’s requirements and processing timelines can streamline what might otherwise be a complex application.

Your actionable advice is this: Treat your mortgage search as a key part of your home-buying strategy. Choose a company that demonstrates clear knowledge of Williston Park's market dynamics, can explain the full cost breakdown including New York-specific taxes and insurance, and communicates proactively. In a village where word-of-mouth matters, a lender with a reputation for closing deals efficiently and transparently is a partner who can help you confidently secure your place in this sought-after community.

Nearby Cities

Explore mortgage lenders in cities near Williston Park, NY

Why Choose a Mortgage Lender in Williston Park?

Local Market Knowledge

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