The Best Mortgage Lenders in Arlington, OH
Compare verified mortgage lenders serving Arlington, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Arlington
Featured Mortgage Lenders
Hancock Mortgage Center
Hancock Mortgage Center
Hancock Mortgage Center is a highly-rated local mortgage broker serving Arlington and surrounding Hancock County areas. With over 15 years of experience, they specialize in personalized mortgage solutions and have built a strong reputation for exceptional customer service. Their team offers comprehensive guidance through the entire mortgage process, from application to closing, with particular expertise in first-time homebuyer programs and competitive rate shopping. Their local presence and community-focused approach make them a top choice for Arlington residents.
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Fifth Third Mortgage
Fifth Third Bank Mortgage
Fifth Third Bank has a strong regional presence throughout Ohio and serves the Arlington area with comprehensive mortgage services. As an established financial institution with decades of banking experience, they offer competitive rates and a wide range of loan products. Their digital mortgage platform combined with local branch support provides convenience and personalized service. Fifth Third is particularly noted for their responsive customer service team and streamlined application process, making them a reliable choice for Arlington homebuyers seeking both local support and institutional stability.
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Union Home Mortgage
Union Home Mortgage Corp.
Union Home Mortgage is an Ohio-based mortgage lender with a strong statewide presence and excellent reputation for serving communities throughout the region, including Arlington. Founded in Strongsville, Ohio, they've grown to become one of the Midwest's most respected mortgage companies, known for their competitive rates and exceptional customer service. Their team provides personalized guidance through every step of the mortgage process, with particular expertise in helping buyers navigate competitive markets. Their local knowledge combined with extensive lending resources makes them a top contender for Arlington home financing needs.
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Frequently Asked Questions
Common questions about mortgage lending in Arlington, OH
What are the typical down payment requirements for homes in Arlington, OH, given its rural market?
In Arlington's affordable market, many conventional loans require a 5% down payment, but FHA loans with 3.5% down are very common. For the village's median home price (often under $200,000), this translates to a very manageable upfront cost. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down options for eligible properties in and around Arlington.
Are there any local or county-specific first-time homebuyer programs available in Arlington?
Yes, homebuyers should explore the Hancock County Home Buyer Assistance Program, which serves Arlington residents. This program can provide down payment and closing cost assistance in the form of a forgivable loan. It's crucial to work with a lender approved by the Hancock County Community Development office to access these funds.
How do property taxes in Arlington, OH, impact my monthly mortgage payment?
Hancock County, which includes Arlington, has relatively moderate property tax rates compared to larger Ohio cities. Your lender will use the county's effective tax rate (typically between 1.3% and 1.6% of assessed value) to calculate your escrow payment. For a $150,000 home, expect to pay roughly $150-$200 per month into your escrow account for taxes.
What should I know about getting a mortgage for a older, historic home in Arlington's village center?
Financing older homes (common in Arlington's established neighborhoods) may require a specialized appraisal to ensure the property meets lending standards. An FHA 203(k) renovation loan can be a valuable tool here, allowing you to finance both the purchase and necessary updates. It's wise to choose a lender with experience in rural and older property mortgages.
How does Arlington's location within Hancock County affect my eligibility for rural loan programs?
Arlington's designation as a village makes many properties eligible for USDA Rural Development loans, which offer 100% financing. However, eligibility is parcel-specific, so your lender must verify the exact address through the USDA eligibility map. This is a key advantage for buyers with limited savings in this market.
Nearby Cities
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Why Choose a Mortgage Lender in Arlington?
Local Market Knowledge
Lenders who understand Arlington'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 Ohio.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Arlington and get competitive rates on your home loan.