The Best Mortgage Lenders in Fresno, OH
Compare verified mortgage lenders serving Fresno, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fresno
Featured Mortgage Lenders
Park National Bank - Coshocton Office
Park National Bank
Park National Bank has been serving the Coshocton County area for over a century, with their Coshocton office providing expert mortgage services to Fresno residents. As a community-focused bank with deep roots in the region, they offer personalized service and local decision-making. Their mortgage team has extensive experience with rural properties and agricultural lending, making them particularly well-suited for the Fresno area. Customers consistently praise their responsive service, competitive rates, and knowledgeable loan officers who understand the local real estate market.
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CME Federal Credit Union
CME Federal Credit Union
CME Federal Credit Union serves members throughout Ohio, including Coshocton County and the Fresno area. As a member-owned financial cooperative, they offer competitive mortgage rates and personalized service. Their mortgage specialists are known for guiding borrowers through the entire process, from pre-approval to closing. The credit union has particular expertise with first-time homebuyer programs and offers various down payment assistance options. Members consistently report excellent customer service, transparent communication, and smooth closing processes.
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Bank of Zanesville
The Bank of Zanesville
The Bank of Zanesville has been serving southeastern Ohio communities for over 120 years, with particular strength in rural and small-town lending. Their experienced mortgage team understands the unique needs of communities like Fresno and offers flexible lending solutions for both primary residences and rural properties. As a community bank, they provide local underwriting and decision-making, which often results in faster approvals and more personalized service. Customers appreciate their attention to detail, competitive rates, and commitment to the communities they serve throughout the region.
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Frequently Asked Questions
Common questions about mortgage lending in Fresno, OH
What are the typical down payment requirements for homes in Fresno, OH, given the local market?
In Fresno and surrounding Coshocton County, many homes are priced accessibly, often allowing for conventional loans with a 3% down payment or FHA loans with 3.5% down. Local lenders are familiar with appraisals in this rural market, which can help streamline the process. For qualifying buyers, USDA loans with 0% down are also a strong possibility due to the area's eligible rural designation.
Are there any first-time homebuyer programs or grants specifically available for Fresno, OH, residents?
Yes, the **Ohio Housing Finance Agency (OHFA)** offers several statewide programs, including down payment assistance grants and affordable first-time buyer loans, which are accessible to Fresno buyers. Additionally, some local lenders and community banks may offer special programs or counseling. It's crucial to work with a loan officer who is well-versed in these OHFA programs to maximize your benefits.
How do property taxes in Coshocton County impact my monthly mortgage payment in Fresno?
Coshocton County has relatively modest property tax rates compared to urban Ohio areas, which helps keep escrow payments lower. Your lender will use the county's effective tax rate (typically around 1.0% to 1.3% of assessed value) to calculate your monthly escrow. It's wise to confirm the exact taxes for a specific property, as rates can vary slightly between townships.
What should I know about getting a mortgage for a home with land or acreage in the Fresno area?
Financing a property with significant acreage (often over 10 acres) in Fresno requires a lender experienced in rural properties. While conventional loans may work for smaller parcels, larger tracts might need a specialized portfolio loan or a USDA loan if the land is primarily non-income producing. An appraisal that properly values both the home and the land is critical for loan approval.
Are mortgage rates in Fresno, OH, different from the national average, and which lenders are best to use?
Mortgage rates are generally set by national markets, so Fresno rates align with national averages. However, your specific rate will depend on your credit profile and the lender. For the best service, consider working with a local community bank or credit union in Coshocton County, or a mortgage broker with deep experience in rural Ohio, as they understand local property values and can offer personalized guidance.
Why Choose a Mortgage Lender in Fresno?
Local Market Knowledge
Lenders who understand Fresno'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 Fresno and get competitive rates on your home loan.