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Columbia Station, OH

The Best Mortgage Lenders in Columbia Station, OH

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

3
Top Lenders
4.7
Avg Rating
1150+
Reviews
13
Loan Types

Available Loan Programs in Columbia Station

Fixed-rate mortgages
Adjustable-rate mortgages
FHA loans
VA loans
Refinancing
Home equity loans
Conventional loans
USDA loans
Jumbo loans
Construction loans
Conventional mortgages
Construction-to-permanent loans
Home equity lines

Featured Mortgage Lenders

1

Third Federal Savings & Loan

Third Federal Savings & Loan

★★★★☆
4.8/5

Third Federal Savings & Loan is one of Ohio's most respected mortgage lenders with an exceptional reputation for competitive rates and outstanding customer service. As a Cleveland-based institution with deep roots in Northeast Ohio, they have extensive experience serving Columbia Station and surrounding Lorain County communities. They consistently receive top ratings for their low-rate promise, transparent fee structure, and personalized service approach. With over eight decades of operation, they offer a wide range of mortgage products including specialized programs for first-time homebuyers and veterans.

Experience:85 years
Reviews:450 customer reviews
7007 Broadway Avenue, Cleveland, OH 44105

Loan Types:

Fixed-rate mortgagesAdjustable-rate mortgagesFHA loansVA loansRefinancingHome equity loans
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2

Howard Hanna Mortgage Services

Howard Hanna Mortgage Services

★★★★☆
4.7/5

Howard Hanna is the largest family-owned independent mortgage lender in Ohio with a strong presence throughout Columbia Station and Lorain County. Their local mortgage experts provide personalized service with access to a wide variety of loan programs and competitive rates. The company is particularly praised for their efficient closing process and exceptional communication throughout the mortgage journey. With deep community ties and extensive experience in the Northeast Ohio market, they understand the specific needs of Columbia Station homebuyers and offer both purchase and refinance options.

Experience:60+ years
Reviews:380 customer reviews
4920 Great Northern Boulevard, North Olmsted, OH 44070

Loan Types:

Conventional loansFHA loansVA loansUSDA loansJumbo loansConstruction loansRefinancing
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3

First Federal Lakewood

First Federal Lakewood

★★★★☆
4.6/5

First Federal Lakewood is a community-focused mortgage lender that serves Columbia Station and throughout Northeast Ohio with a reputation for exceptional customer care and competitive loan products. They are particularly known for their construction lending expertise and first-time homebuyer programs. The institution maintains strong local decision-making and personalized service while offering the full range of mortgage options. Their long history in the region and commitment to community banking principles make them a trusted choice for Columbia Station residents seeking reliable mortgage financing with local expertise.

Experience:85+ years
Reviews:320 customer reviews
14805 Detroit Avenue, Lakewood, OH 44107

Loan Types:

Conventional mortgagesFHA loansVA loansConstruction-to-permanent loansHome equity linesRefinancing
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Frequently Asked Questions

Common questions about mortgage lending in Columbia Station, OH

What are typical down payment requirements for homes in Columbia Station, given its rural-suburban market?

For the median-priced home in Columbia Station, which is often more affordable than nearby urban areas, conventional loans typically require 5-20% down. However, many local lenders are familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties and borrowers in this designated rural area, making homeownership more accessible.

Are there any local or county-specific first-time homebuyer programs available in Columbia Station?

Yes, homebuyers should explore the Lorain County Homeownership Assistance Program, which offers down payment and closing cost assistance to eligible first-time buyers in Columbia Station. Additionally, the Ohio Housing Finance Agency (OHFA) offers statewide programs with competitive rates and grants that are widely used by lenders serving the Columbia Station area.

How do property taxes in Columbia Station and Lorain County impact my mortgage payment and qualification?

Lorain County property taxes are a significant component of your monthly escrow payment. Columbia Station's effective tax rates are generally moderate for the region. Lenders will factor these taxes into your debt-to-income ratio, so it's crucial to get an accurate estimate early in the process, as they can affect your purchasing power compared to other Ohio townships.

With Columbia Station's growth and new construction, are there special considerations for construction-to-permanent loans?

Absolutely. Given the expansion in neighborhoods like the Columbia Woods subdivision, many local lenders offer streamlined construction-to-permanent loans. These single-close loans are advantageous here, locking in your rate during construction and then converting to a traditional mortgage, which is ideal for buying a lot and building in this developing community.

How does Columbia Station's location within a "rural" designation affect my mortgage options?

Columbia Station's USDA eligibility is its most significant advantage. This allows buyers to utilize USDA loans, which require no down payment and often have competitive interest rates and lower mortgage insurance compared to FHA loans. It's essential to confirm the specific property's eligibility with your lender, as not every parcel may qualify.

Nearby Cities

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Why Choose a Mortgage Lender in Columbia Station?

Local Market Knowledge

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