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Chillicothe, OH

The Best Mortgage Lenders in Chillicothe, OH

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

3
Top Lenders
4.8
Avg Rating
470+
Reviews
9
Loan Types

Available Loan Programs in Chillicothe

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity

Featured Mortgage Lenders

1

Park National Bank Mortgage Team

Park National Bank

★★★★☆
4.8/5

As the dominant local banking institution in Chillicothe, Park National Bank has served the community for over a century with exceptional mortgage services. Their local mortgage team provides personalized service with deep knowledge of the Ross County housing market. Customers consistently praise their responsive communication, competitive rates, and seamless closing process. Their long-standing community presence ensures they understand local property values and market conditions, making them a top choice for home financing in the Chillicothe area.

Experience:25 years
Reviews:150 customer reviews
25 North Paint Street, Chillicothe, OH 45601

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

The Huntington Mortgage Team

Huntington National Bank

★★★★☆
4.7/5

Huntington National Bank maintains a strong physical presence in Chillicothe with a dedicated mortgage team that serves both first-time and experienced homebuyers. Their mortgage specialists are praised for their expertise in government-backed loans and first-time homebuyer programs. With extensive branch networks throughout Ohio, they offer competitive rates and flexible terms. Customers highlight their efficient processing, transparent communication, and ability to close loans quickly, making them a reliable choice for Chillicothe residents.

Experience:20 years
Reviews:200 customer reviews
70 North Paint Street, Chillicothe, OH 45601

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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3

Kemba Financial Credit Union Mortgage Department

Kemba Financial Credit Union

★★★★☆
4.9/5

While based in Columbus, Kemba Financial Credit Union serves the entire central Ohio region including Chillicothe and has earned exceptional ratings for their mortgage services. As a credit union, they offer highly competitive rates and lower fees than many traditional banks. Their mortgage team provides personalized guidance through the entire homebuying process, with particular strength in first-time homebuyer programs and member-focused service. Customers consistently praise their attention to detail, educational approach, and commitment to finding the best mortgage solutions for individual needs.

Experience:15 years
Reviews:120 customer reviews
2255 W. Dublin-Granville Road, Columbus, OH 43235

Loan Types:

ConventionalFHAVAFirst-time HomebuyerRefinanceHome EquityConstruction
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Frequently Asked Questions

Common questions about mortgage lending in Chillicothe, OH

Are there any special mortgage programs for first-time homebuyers in Chillicothe, Ohio?

Yes, the Ohio Housing Finance Agency (OHFA) offers several programs, including down payment assistance grants and competitive interest rate loans, which are available to eligible buyers in Chillicothe. Additionally, local lenders often have knowledge of specific programs or grants that can be paired with OHFA offerings to make homeownership more accessible in Ross County.

How do property taxes in Ross County and Chillicothe city impact my monthly mortgage payment?

Ross County property taxes are a significant component of your escrow payment. The effective tax rate in Chillicothe and surrounding areas is typically around 1.3% to 1.5% of the home's assessed value. Your lender will calculate this into your monthly payment, and it's wise to budget for potential tax reassessments after purchasing, as values can increase.

What is the typical down payment needed for a home in Chillicothe's current market?

While 20% down avoids private mortgage insurance (PMI), many local buyers in Chillicothe utilize conventional loans with 3-5% down or FHA loans with 3.5% down, especially given the area's relatively affordable home prices. For a median-priced home in the low $200s, this makes entry into the market feasible for many buyers.

Are USDA rural development loans a viable option for mortgages in the Chillicothe area?

Absolutely. Much of Ross County, including areas on the outskirts of Chillicothe, is eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment). This is a popular and advantageous program for buyers looking at properties just outside the city limits, making homeownership possible with minimal upfront cash.

How does Chillicothe's older housing stock affect the mortgage appraisal and inspection process?

Chillicothe has many beautiful historic homes, but their age can lead to stricter appraisal and inspection requirements. Lenders may require specific inspections for older systems like wiring, plumbing, or foundations. An FHA 203(k) renovation loan can be a useful tool here, allowing you to finance both the purchase and necessary repairs into one mortgage.

Nearby Cities

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Why Choose a Mortgage Lender in Chillicothe?

Local Market Knowledge

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