The Best Mortgage Lenders in Granville, OH
Compare verified mortgage lenders serving Granville, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Granville
Featured Mortgage Lenders
Park National Bank
Park National Corporation
Park National Bank is a deeply rooted community institution with over a century of service in Licking County, including Granville. Known for its personalized approach and local decision-making, it offers competitive rates and a wide range of loan products. High customer satisfaction stems from its commitment to community involvement, reliable service, and strong relationships with borrowers, making it a top choice for mortgages in the area.
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Huntington National Bank
Huntington Bancshares Incorporated
As a leading regional bank with a strong presence in central Ohio, Huntington National Bank provides extensive mortgage options and exceptional customer service to Granville residents. Its long-standing reputation, competitive rates, and efficient processing are backed by high ratings for reliability and customer support. With local branches and digital tools, Huntington ensures a seamless experience for homebuyers.
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loanDepot
loanDepot, LLC
loanDepot is a nationally recognized mortgage lender known for its innovative online platform and competitive rates, serving Granville with a variety of loan products. Founded in 2010, it combines technology with personalized service, resulting in high customer satisfaction and efficient loan processing. Its strong review ratings and commitment to transparency make it a reliable option for modern homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Granville, OH
Are there any local down payment assistance programs specifically for Granville, OH homebuyers?
Yes, the Ohio Housing Finance Agency (OHFA) offers several statewide programs, including grants for down payment and closing costs, which are accessible to Granville buyers. Additionally, Licking County may have specific initiatives, and it's wise to check with local lenders familiar with Granville's market, as some credit unions or banks may offer special programs for professionals affiliated with Denison University or the local hospital.
How does Granville's historic district affect the mortgage process?
Purchasing a home within Granville's designated historic district can impact your mortgage. Lenders may require a specialized appraisal that accounts for the unique value of historic properties. Furthermore, if you plan to use an FHA 203(k) renovation loan for updates, you must ensure all work complies with Granville's historic preservation guidelines, which can affect loan approval and timelines.
What are typical mortgage rates for buyers in Granville compared to the national average?
Mortgage rates in Granville generally align with national averages, as they are driven by broader economic factors. However, your specific rate will depend heavily on your credit profile, loan type, and down payment. Local lenders with strong ties to the community, such as Park National Bank (headquartered in nearby Newark), may occasionally offer competitive promotional rates or relationship discounts.
As a first-time homebuyer in Granville, what should I know about property taxes?
Granville property taxes are a significant consideration, as Licking County taxes combined with Granville Village or Township taxes and school levies can be higher than many Ohio averages. Your lender will calculate an escrow payment based on the home's assessed value. It's crucial to get a clear estimate during the buying process, as this affects your total monthly payment more than in some other locales.
How competitive is the Granville housing market, and how should that influence my mortgage pre-approval?
Granville's housing market is highly competitive due to high demand from Denison University affiliates, professionals, and those seeking its village charm and top-rated schools. A strong, verified pre-approval from a reputable local lender is essential to make competitive offers. Sellers often favor buyers using lenders known for reliable closings in the area, which can be as important as the offer price itself.
Why Choose a Mortgage Lender in Granville?
Local Market Knowledge
Lenders who understand Granville'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 Granville and get competitive rates on your home loan.