The Best Mortgage Lenders in Columbiana, OH
Compare verified mortgage lenders serving Columbiana, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Columbiana
Featured Mortgage Lenders
CrossCountry Mortgage, LLC - Youngstown
CrossCountry Mortgage, LLC
CrossCountry Mortgage has established itself as one of the top mortgage lenders serving the Columbiana area through their Youngstown branch. With an exceptional 4.8 rating from hundreds of reviews, they specialize in personalized service and competitive rates. Their local loan officers have deep knowledge of the Columbiana County market and offer a comprehensive range of loan products including specialized programs for first-time homebuyers. The company is known for their streamlined process, excellent communication, and ability to close loans efficiently while maintaining high customer satisfaction standards.
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Farmers National Bank
The Farmers National Bank of Canfield
As a longstanding community bank with deep roots in Mahoning County, Farmers National Bank has been serving homebuyers in Columbiana and surrounding areas for over a century. With a 4.6 rating, they offer the advantage of local decision-making and personalized service combined with competitive mortgage products. Their mortgage specialists provide one-on-one guidance through the entire home financing process, and as a local bank, they have exceptional knowledge of the Columbiana County real estate market. Customers appreciate their responsive service, transparent pricing, and commitment to the community.
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Huntington Bank Mortgage
Huntington National Bank
Huntington Bank maintains a strong physical presence in the Youngstown/Boardman area with multiple branches serving Columbiana residents. With a 4.5 rating from over 300 reviews, they offer competitive mortgage rates and a wide variety of loan programs including specialized options for low-to-moderate income borrowers. Their local mortgage bankers provide personalized service and guidance throughout the home buying process. Huntington is particularly noted for their digital mortgage application platform that streamlines the process while maintaining local support. Their longstanding history and commitment to Ohio communities make them a trusted choice for Columbiana homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Columbiana, OH
Are there any local down payment assistance programs specifically for homebuyers in Columbiana, OH?
Yes, homebuyers in Columbiana can access statewide programs like Ohio Heroes and the Grants for Grads program, which offer down payment assistance. Additionally, the Columbiana County Land Reutilization Corporation (Land Bank) occasionally has programs for specific properties. It's best to consult with a local lender familiar with these Ohio Housing Finance Agency (OHFA) offerings.
How do property taxes in Columbiana County impact my monthly mortgage payment?
Columbiana County property taxes are relatively moderate compared to larger Ohio metros, but they are a key component of your escrow payment. The exact rate depends on the specific school district and municipality within the county. Your lender will use the county auditor's assessed value to accurately estimate this cost for your Loan Estimate.
What are typical mortgage rates offered by local lenders in Columbiana?
While rates are influenced by national trends, local banks and credit unions in Columbiana, such as Farmers National Bank or 1st National Community Bank, often offer competitive rates, especially for customers with existing relationships. It's wise to compare these with regional and online lenders, as even a small difference can be significant over the loan's life.
Are USDA Rural Development loans a viable option for homes in Columbiana, OH?
Absolutely. Most of Columbiana and the surrounding area is eligible for USDA loans, which offer 100% financing (no down payment). This is a major advantage for eligible buyers in this market, making homeownership more accessible. A local mortgage broker can confirm the specific property's eligibility using the USDA website.
How does Columbiana's housing market—with its mix of historic and newer homes—affect the mortgage process?
Purchasing a historic home in the downtown area may require a specialized appraisal and could involve stricter inspection requirements, potentially affecting loan approval. For newer construction in developing areas, builders may have preferred lenders. A local lender with experience in both will help navigate any unique property conditions smoothly.
Why Choose a Mortgage Lender in Columbiana?
Local Market Knowledge
Lenders who understand Columbiana'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 Columbiana and get competitive rates on your home loan.