The Best Mortgage Lenders in Fulton, OH
Compare verified mortgage lenders serving Fulton, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fulton
Featured Mortgage Lenders
Directions Credit Union
Directions Credit Union
Directions Credit Union stands out as one of Northwest Ohio's most trusted mortgage lenders with an exceptional 4.8-star rating across hundreds of reviews. While headquartered in Toledo, they actively serve the Fulton County area with personalized mortgage solutions. As a not-for-profit financial cooperative, they consistently offer competitive rates and lower fees than many traditional banks. Their mortgage team provides comprehensive guidance through the entire home buying process, with special expertise in first-time homebuyer programs and government-backed loans. With over 85 years of community banking experience, they've built a reputation for exceptional customer service and local decision-making.
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Union Home Mortgage
Union Home Mortgage Corp.
Union Home Mortgage has established itself as a premier mortgage lender serving the Fulton area from their nearby Maumee location. With a strong 4.7-star rating and nearly 200 reviews, they're known for their extensive loan portfolio and expert guidance. Their local loan officers have deep knowledge of the Northwest Ohio housing market and provide personalized service throughout the mortgage process. The company specializes in both purchase and refinance transactions, with particular strength in construction and renovation lending. Their long-standing presence since 1971 and commitment to local communities make them a reliable choice for Fulton residents seeking mortgage financing.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage's Northwest Ohio branch serves the Fulton area with a comprehensive range of mortgage products and excellent customer service, earning a 4.6-star rating from local homebuyers. Their experienced loan officers provide personalized attention and guidance through the entire mortgage process, from application to closing. They offer competitive rates and flexible loan options, including specialized programs for first-time homebuyers and unique non-QM solutions for borrowers with complex financial situations. With nationwide backing since 2003 and strong local expertise, they combine the resources of a large lender with the personalized service of a local mortgage provider, making them a top choice for Fulton area home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Fulton, OH
Are there any special first-time homebuyer programs available specifically for Fulton, OH?
Yes, Fulton County is served by the Ohio Housing Finance Agency (OHFA), which offers several statewide programs. First-time buyers in Fulton may qualify for OHFA's down payment assistance grants, which provide up to 5% of the loan amount, and competitive 30-year fixed-rate mortgages. It's also wise to check with local lenders for any Fulton-specific or county-wide initiatives that occasionally arise.
How do property taxes in Fulton County impact my mortgage payment and affordability?
Fulton County has property tax rates that are generally considered moderate for Ohio, but they vary by specific township and school district. Your lender will calculate an estimated monthly escrow payment for taxes as part of your total mortgage payment. It's crucial to get a precise tax estimate for your target home, as this can significantly affect your overall monthly housing cost and loan qualification amount.
What is the typical down payment required for a conventional mortgage on a home in Fulton's market?
While 20% down avoids private mortgage insurance (PMI), many buyers in Fulton's market, where median home prices are accessible, successfully use conventional loans with down payments as low as 3-5%. Local lenders are familiar with appraisals in the area and can guide you on the minimum needed based on the specific property and your financial profile.
Does Fulton, OH, have any specific loan considerations for buying in rural areas or on larger lots?
Yes, many properties in and around Fulton qualify for USDA Rural Development loans, which offer 100% financing (no down payment) for eligible borrowers and properties in designated rural areas. This is a significant advantage for buyers looking at homes on the outskirts of town or in the surrounding countryside, as it greatly reduces upfront costs.
How competitive is the mortgage rate environment in Fulton compared to the national average?
Mortgage rates in Fulton, OH, are primarily driven by national economic trends, so they align closely with national averages. However, your specific rate will depend on your credit score, loan type, and lender. Working with a local credit union or community bank in Fulton County can sometimes provide more personalized service and competitive rate options tailored to the local economy.
Why Choose a Mortgage Lender in Fulton?
Local Market Knowledge
Lenders who understand Fulton'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 Fulton and get competitive rates on your home loan.