The Best Mortgage Lenders in Freeport, OH
Compare verified mortgage lenders serving Freeport, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Freeport
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Ohio, including service to Freeport. Known for its innovative digital platform and competitive rates, the company has earned high customer satisfaction ratings for its efficient loan processing and personalized service. With over two decades of experience, Guaranteed Rate offers a wide range of loan products and is praised for its transparency and reliability in the mortgage industry.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly regarded national lender that serves Freeport and surrounding Ohio areas with a focus on community engagement and customer service. The company is recognized for its fast closing times and competitive rates, backed by a commitment to making the mortgage process straightforward. With numerous positive reviews highlighting their responsive loan officers and support for first-time homebuyers, Movement Mortgage has built a strong reputation for reliability and satisfaction.
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Union Home Mortgage
Union Home Mortgage Corp.
Union Home Mortgage is an Ohio-based lender with deep roots in the state, providing expert mortgage services to Freeport and nearby communities. With over three decades of experience, the company is praised for its local expertise, personalized approach, and wide array of loan options. Customers consistently rate them highly for their knowledgeable staff, competitive rates, and commitment to helping borrowers achieve their homeownership goals, making them a trusted choice in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Freeport, OH
Are there any special mortgage programs for first-time homebuyers in Freeport, OH?
Yes, the Ohio Housing Finance Agency (OHFA) offers several statewide programs, including down payment assistance and competitive interest rates, which are accessible to Freeport residents. Additionally, local lenders familiar with Harrison County may offer portfolio loans or grants tailored to the area's moderate-income buyers, making homeownership more attainable in Freeport's market.
How do property taxes in Freeport, OH, impact my monthly mortgage payment?
Harrison County, where Freeport is located, has relatively modest property tax rates compared to larger Ohio cities. Your lender will estimate these taxes for escrow, but it's wise to verify the specific rate with the Harrison County Auditor's office, as taxes can vary slightly within the county and significantly impact your total monthly payment.
What is the typical down payment needed for a home in Freeport's market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Freeport utilize conventional loans with 3-5% down or FHA loans with 3.5% down. Given the area's affordable home prices (often below $200,000), even a smaller percentage down payment can represent a manageable cash requirement for local buyers.
Are USDA rural development loans available for homes in Freeport, Ohio?
Absolutely. Freeport and much of Harrison County are designated as eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a highly relevant program for the area, making it an excellent option for eligible buyers seeking to purchase in this rural community.
How does Freeport's appraisal process differ from larger cities, and what should I know?
Appraisals in a small, rural market like Freeport can be challenging due to fewer comparable recent sales ("comps"). An appraiser may need to look at sales in nearby towns or over a longer time period. Working with a local lender who uses appraisers familiar with Harrison County is crucial to ensure a fair and accurate property valuation.
Why Choose a Mortgage Lender in Freeport?
Local Market Knowledge
Lenders who understand Freeport'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 Freeport and get competitive rates on your home loan.