The Best Mortgage Lenders in Evansport, OH
Compare verified mortgage lenders serving Evansport, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Evansport
Featured Mortgage Lenders
Tim Bowers
Union Bank Mortgage
Union Bank Mortgage has been serving Northwest Ohio communities for over a century, making them exceptionally well-established in the Evansport area. As a community-focused bank with deep roots in Defiance County, they offer personalized mortgage services with local underwriting and decision-making. Their high rating reflects exceptional customer service and competitive rates for both purchase and refinance loans. They specialize in understanding the unique needs of rural Ohio homebuyers and offer comprehensive guidance through the entire mortgage process.
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Matt Bostelman
First Federal Bank of the Midwest
First Federal Bank of the Midwest has been a trusted mortgage lender in Northwest Ohio for generations, with strong presence throughout Defiance County including Evansport. They are particularly noted for their first-time homebuyer programs and competitive government-backed loans. Their local loan officers provide personalized service with quick response times and deep knowledge of the local real estate market. The bank maintains an excellent reputation for transparent pricing and smooth closing processes.
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Mortgage Department
Directions Credit Union
Directions Credit Union offers competitive mortgage solutions to Evansport residents through their Defiance branch. As a member-owned financial institution, they typically offer lower rates and fees than traditional banks. Their mortgage specialists provide comprehensive guidance through the entire home financing process, with particular strength in first-time buyer programs and flexible qualification standards. The credit union is known for exceptional member service and community involvement throughout Northwest Ohio.
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Frequently Asked Questions
Common questions about mortgage lending in Evansport, OH
What are typical mortgage rates for homebuyers in Evansport, Ohio?
Mortgage rates in Evansport generally align with national averages, but local lenders may offer competitive rates due to the small-town market. As of recent trends, rates for a 30-year fixed mortgage in Defiance County typically range from the mid-6% to low-7% APR. It's advisable to check with local community banks or credit unions, like First Federal Bank of the Midwest or Superior Credit Union, which often have strong ties to the area.
Are there any down payment assistance programs specifically for Evansport or Defiance County homebuyers?
Yes, Evansport homebuyers can access statewide Ohio programs like "Ohio Heroes" and "Grants for Grads," which are available statewide. Additionally, the Defiance County Community Improvement Corporation may offer local resources or guidance. First-time homebuyers should also inquire about the "Your Choice! Down Payment Assistance" program through the Ohio Housing Finance Agency (OHFA), which can provide up to 5% of the purchase price.
How does the appraisal process work for a home in a rural area like Evansport?
Appraisals in Evansport can be more complex due to its rural setting in Defiance County. Appraisers must often use "comparable sales" from a wider geographic area, which can include nearby towns like Defiance or Hicksville. Unique property features, such as acreage, outbuildings, or well/septic systems, are carefully evaluated and can impact the final valuation compared to urban properties.
What should I know about property taxes when getting a mortgage in Evansport?
Property taxes in Evansport are governed by Defiance County and local township rates, which are generally moderate compared to urban Ohio areas. Lenders will calculate your escrow payments based on the county auditor's assessed value. It's important to note that Ohio has a homestead exemption for eligible seniors or disabled homeowners, which can reduce the taxable value and affect your monthly mortgage payment.
Are USDA Rural Development loans a common option for Evansport mortgages?
Absolutely. Given Evansport's location, most of Defiance County is eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This is a popular and practical option for eligible buyers seeking to purchase in the area, as it helps overcome one of the biggest barriers in a lower-income rural market. Buyers should verify specific property eligibility with a local lender familiar with the USDA program.
Nearby Cities
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Why Choose a Mortgage Lender in Evansport?
Local Market Knowledge
Lenders who understand Evansport'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 Evansport and get competitive rates on your home loan.