The Best Mortgage Lenders in Hubbard, OH
Compare verified mortgage lenders serving Hubbard, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hubbard
Featured Mortgage Lenders
Security First Mortgage
Security First Mortgage
Security First Mortgage is a highly-rated local mortgage broker serving Hubbard and the greater Mahoning Valley area with exceptional customer service. With nearly 25 years in business, they've built a stellar reputation for personalized service, competitive rates, and expertise in all loan types including first-time homebuyer programs. Their 4.9-star rating across multiple review platforms reflects their commitment to guiding clients through the mortgage process with transparency and local market knowledge that national lenders can't match.
Loan Types:
Home Savings Bank
Home Savings Bank
Home Savings Bank has deep roots in Hubbard with an actual branch location in the city, providing convenient local service and community banking expertise. While founded in 1889, their mortgage division has decades of specialized experience offering competitive rates and personalized service. They excel at understanding the local Hubbard real estate market and provide a full range of mortgage products with the stability of a well-established financial institution that knows the community intimately.
Loan Types:
Huntington National Bank
Huntington National Bank
Huntington National Bank maintains a strong physical presence in Hubbard with a local branch, offering the combination of national lending power with local service. Their 24-Hour Loan program provides quick pre-approvals that are competitive in the local market. With extensive experience serving Ohio communities, they offer a wide range of mortgage options and have particularly strong refinancing programs. Their local loan officers understand the Hubbard area market dynamics while providing the resources of a major regional bank.
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Frequently Asked Questions
Common questions about mortgage lending in Hubbard, OH
Are there any local down payment assistance programs specifically for Hubbard, OH homebuyers?
Yes, Hubbard homebuyers can access the Ohio Housing Finance Agency's (OHFA) statewide programs, which offer competitive rates and down payment assistance. Additionally, Trumbull County may offer specific grants or soft-second mortgage programs for income-eligible buyers. It's crucial to work with a local lender approved by these programs to navigate the application process successfully.
How do property taxes in Hubbard, OH impact my mortgage payment and affordability?
Trumbull County, where Hubbard is located, has property tax rates that are generally moderate compared to national averages, which can help with overall affordability. Your lender will calculate these taxes into your monthly escrow payment. It's wise to get an estimate of the annual taxes on your target home early in the process, as they directly affect your debt-to-income ratio and loan qualification.
What types of homes in Hubbard might require specialized mortgage products, like renovation loans?
Hubbard has a mix of charming older homes and newer construction. If you're considering a historic home or a property needing significant updates, an FHA 203(k) or Fannie Mae HomeStyle Renovation loan could be ideal. These loans allow you to finance both the purchase price and renovation costs, which is common for buyers looking at fixer-uppers in established neighborhoods.
As a first-time homebuyer in Hubbard, what should I know about the local market competition?
The Hubbard market can be competitive for well-priced, move-in ready homes, but it's generally more accessible than larger Ohio metros. Having a strong pre-approval from a reputable local lender is essential to make your offer stand out. Be prepared for potential multiple-offer situations, especially on properties in the popular school districts or with recent updates.
Are USDA rural housing loans available for properties in Hubbard, Ohio?
Yes, most of Hubbard and the surrounding area in Trumbull County is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This can be a significant advantage for eligible buyers with moderate incomes. A local mortgage broker can confirm the specific eligibility of an address and guide you through this specialized program's requirements.
Why Choose a Mortgage Lender in Hubbard?
Local Market Knowledge
Lenders who understand Hubbard'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 Hubbard and get competitive rates on your home loan.