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Commercial Point, OH

The Best Mortgage Lenders in Commercial Point, OH

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

3
Top Lenders
4.8
Avg Rating
830+
Reviews
10
Loan Types

Available Loan Programs in Commercial Point

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

Featured Mortgage Lenders

1

Mortgage Specialist

Huntington National Bank

★★★★☆
4.8/5

As one of Ohio's most established financial institutions with deep roots in Central Ohio, Huntington Bank consistently ranks among the top mortgage lenders in the Commercial Point area. They offer highly competitive rates and maintain strong local relationships with real estate professionals throughout Pickaway and Franklin counties. Their mortgage specialists provide personalized service with extensive knowledge of the local housing market, making them a preferred choice for both first-time homebuyers and experienced investors in the Commercial Point region.

Experience:25 years
Reviews:350 customer reviews
185 East Broad Street, Columbus, OH 43215

Loan Types:

ConventionalFHAVAJumboRefinanceConstruction
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2

Loan Officer

CrossCountry Mortgage

★★★★☆
4.9/5

CrossCountry Mortgage's Worthington office serves the Commercial Point area with exceptional customer service and highly competitive mortgage products. They consistently receive top ratings for their responsive communication and streamlined application process. Their local loan officers have extensive experience with Central Ohio's unique market conditions and specialize in helping clients navigate the competitive real estate environment around Commercial Point and surrounding communities.

Experience:18 years
Reviews:280 customer reviews
450 W Wilson Bridge Rd Suite 370, Worthington, OH 43085

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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3

Mortgage Advisor

Third Federal Savings & Loan

★★★★☆
4.7/5

Third Federal has been serving Ohio homeowners for over 80 years and maintains a strong presence throughout Central Ohio, including Commercial Point. Known for their consistently low rates and transparent fee structure, they've built a reputation for reliability and customer satisfaction. Their Columbus-based mortgage team provides personalized service with deep understanding of the local market dynamics in Pickaway County and surrounding areas, offering particularly strong options for refinancing and low down payment programs.

Experience:30 years
Reviews:200 customer reviews
175 S 3rd Street, Columbus, OH 43215

Loan Types:

ConventionalFHAVARefinanceHome EquityLow Down Payment
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Frequently Asked Questions

Common questions about mortgage lending in Commercial Point, OH

What are typical down payment requirements for homes in Commercial Point, given its market?

For the moderately priced homes common in Commercial Point, conventional loans often require 5-10% down. However, many local lenders encourage buyers to explore FHA loans (3.5% down) or USDA loans, as parts of the area may qualify for the USDA's rural housing program with 0% down, making homeownership more accessible in this community.

Are there any local or county-specific first-time homebuyer programs available in Commercial Point?

Yes, homebuyers in Commercial Point can access the "Your Choice! Down Payment Assistance" program through the Ohio Housing Finance Agency (OHFA). This statewide program offers a grant of 2.5% or 5% of the loan amount for down payment and closing costs, which is particularly helpful in Pickaway County's competitive entry-level market.

How do property taxes in Pickaway County affect my mortgage payment in Commercial Point?

Pickaway County has relatively moderate property tax rates compared to the broader Columbus metro area. Your lender will calculate an escrow payment based on the county's effective rate, which typically adds a manageable amount to your monthly payment. It's wise to get a precise quote from the county auditor when budgeting.

What type of home appraisal challenges are common in Commercial Point?

Appraisals in Commercial Point can sometimes be complicated by the mix of newer subdivisions and older, rural properties. Appraisers must find good comparable sales ("comps") in a smaller market, which can occasionally lead to valuation discrepancies, especially for unique properties. Working with a lender familiar with the local Pickaway County market is advantageous.

Does Commercial Point's location near major highways influence lender considerations?

Absolutely. Commercial Point's proximity to I-71 and Rickenbacker International Airport is viewed positively by lenders, as it supports stable property values and commuting viability to Columbus. This can sometimes translate to favorable terms, as the area is not seen as a remote risk but rather a connected, growing community within the Columbus MSA.

Mortgage Insights

Finding Your Home Loan Partner in Commercial Point: A Local Advantage

Navigating the path to homeownership in Commercial Point, Ohio, is an exciting journey. Our village offers a unique blend of small-town charm and convenient access to Columbus, making it a sought-after spot for families and professionals. When it's time to secure financing for your new home, partnering with a local mortgage company isn't just a choice—it can be your strategic advantage in this specific market.

Commercial Point's housing inventory is diverse, featuring everything from historic homes to newer subdivisions. A local lender understands this mix intimately. They have likely financed properties in the very neighborhoods you're considering, giving them firsthand knowledge of property values, common appraisal considerations, and even the nuances of local homeowners associations. This expertise is invaluable when it comes to accurately underwriting your loan and avoiding last-minute surprises. They can quickly identify if a listing price aligns with recent sales on your street or in the nearby Darby Creek Farms area, something a national call-center lender might miss.

On a practical level, local mortgage companies in Ohio offer distinct benefits. Face-to-face meetings at an office in Circleville, Grove City, or right here in Pickaway County foster clearer communication and a personalized relationship. Your loan officer becomes a true advisor, not just a name on an email. They are also deeply familiar with Ohio-specific programs that can boost your buying power. For example, the Ohio Housing Finance Agency (OHFA) offers competitive first-time homebuyer programs with attractive interest rates and down payment assistance. A local expert can seamlessly guide you through OHFA's requirements and integrate these benefits with your loan, a process that can be cumbersome for lenders unfamiliar with state-specific offerings.

For Commercial Point homebuyers, here is your actionable plan. First, get pre-approved by at least one local lender. This pre-approval letter, backed by their understanding of our market, carries significant weight with sellers, showing you are a serious and well-vetted buyer. Second, ask potential lenders very specific questions: "Can you share examples of loans you've closed recently in Commercial Point?" or "How do you handle appraisals for properties with well and septic systems, common in our area?" Their answers will reveal their local fluency. Finally, don't overlook credit unions with a strong community presence; they often have excellent mortgage rates and a mission to serve local residents.

Choosing a local mortgage partner means investing in a professional who understands not just numbers, but the character of the community you're hoping to join. They are invested in your successful closing and your long-term satisfaction as a neighbor. As you search for your perfect home in our tight-knit village, let a local expert help you secure the keys.

Nearby Cities

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Why Choose a Mortgage Lender in Commercial Point?

Local Market Knowledge

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