The Best Mortgage Lenders in Celina, OH
Compare verified mortgage lenders serving Celina, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Celina
Featured Mortgage Lenders
Mercer Savings Bank
Mercer Savings Bank
Mercer Savings Bank is a top-rated local lender deeply embedded in the Celina community, with over a century of trusted service. They are renowned for personalized mortgage solutions, competitive rates, and exceptional customer satisfaction. Their extensive experience and community-focused approach make them a preferred choice for homebuyers in Mercer County and surrounding areas.
Loan Types:
First Financial Bank
First Financial Bank
First Financial Bank is a well-established regional lender with a strong presence in Celina, offering a comprehensive range of mortgage products. Known for competitive rates, reliable service, and active community involvement, they have built a reputation for helping homeowners with flexible loan options and dedicated support throughout the process.
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Wright-Patt Credit Union
Wright-Patt Credit Union
Wright-Patt Credit Union is a highly-rated credit union serving the Celina area with a focus on member satisfaction and affordable mortgage solutions. They excel in providing low rates, educational resources for first-time buyers, and efficient loan processing, backed by numerous positive reviews for their customer service and community commitment.
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Frequently Asked Questions
Common questions about mortgage lending in Celina, OH
Are there any special mortgage programs for first-time homebuyers in Celina, OH?
Yes, the Ohio Housing Finance Agency (OHFA) offers several statewide programs, including down payment assistance grants and competitive interest rates, which are accessible to Celina residents. Additionally, local lenders often have knowledge of specific programs or grants that can be paired with OHFA options, making homeownership more attainable in Mercer County's competitive market.
How do property taxes in Celina and Mercer County impact my mortgage payment?
Mercer County has relatively moderate property tax rates compared to larger Ohio metros, which helps keep total monthly payments manageable. Your lender will calculate an escrow estimate based on the specific property's assessed value, and it's wise to confirm the exact tax amount with the Mercer County Auditor's office, as rates can vary slightly between townships.
What is a typical down payment percentage needed for a home in Celina's current market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Celina successfully purchase homes with 3-5% down using conventional loans or 3.5% with FHA loans. Given the steady demand for homes in the area, being prepared with at least 5% down can strengthen your offer in a competitive multiple-bid situation.
Are USDA rural housing loans available for properties in or near Celina, OH?
Yes, Celina and much of the surrounding Mercer County area are eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment). This is a significant advantage for eligible buyers looking at properties just outside the city limits, as it opens up affordable financing options for many of the area's rural homes.
How does Celina's growth and new construction market affect mortgage choices?
With significant residential development occurring, many lenders offer specialized construction-to-permanent loans for buyers building a new home in subdivisions like The Preserve or Willow Bend. For existing new construction inventory, builders often have preferred lenders who may offer closing cost incentives, but it's always recommended to shop around with local banks and credit unions for the best overall rate.
Why Choose a Mortgage Lender in Celina?
Local Market Knowledge
Lenders who understand Celina'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 Celina and get competitive rates on your home loan.