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Hudson, OH

The Best Mortgage Lenders in Hudson, OH

Compare verified mortgage lenders serving Hudson, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
525+
Reviews
7
Loan Types

Available Loan Programs in Hudson

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM

Featured Mortgage Lenders

1

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation

★★★★☆
4.8/5

Fairway Independent Mortgage is highly rated for its exceptional customer service, competitive rates, and personalized approach. With over 28 years in the industry, they offer a wide range of loan products and are known for their efficient processing and strong local presence in the Akron area, serving Hudson residents reliably. Their team provides tailored solutions for first-time homebuyers and refinancing needs, backed by numerous positive reviews highlighting transparency and support.

Experience:28 years
Reviews:185 customer reviews
200 Montrose West Ave, Akron, OH 44321

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a top-rated digital mortgage lender with a strong regional presence in Ohio, offering competitive rates and a user-friendly online platform. Founded in 2000, they have built a reputation for transparency, fast closings, and excellent customer satisfaction. Their Cleveland office serves Hudson homebuyers with a variety of loan options, and they are praised for their efficient process and knowledgeable loan officers.

Experience:24 years
Reviews:220 customer reviews
1300 E 9th St, Cleveland, OH 44114

Loan Types:

ConventionalFHAVAJumboARMRefinance
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.8/5

Movement Mortgage is renowned for its community-focused approach and rapid loan approvals, with high customer ratings for service and reliability. Established in 2008, they offer a comprehensive suite of mortgage products and have a dedicated team in the Cleveland area that serves Hudson. Their commitment to local engagement and competitive rates makes them a preferred choice for homebuyers seeking personalized and efficient lending solutions.

Experience:16 years
Reviews:120 customer reviews
6000 Lombardo Center, Seven Hills, OH 44131

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Hudson, OH

Are there any first-time homebuyer programs specific to Hudson, OH, that can help with down payments?

While there are no city-specific programs, Hudson homebuyers have excellent access to statewide Ohio programs like Ohio Heroes, Grants for Grads, and the Your Choice! Down Payment Assistance program through the Ohio Housing Finance Agency (OHFA). These programs offer competitive interest rates and down payment assistance, which is particularly valuable in Hudson's higher-than-average median home price market.

How do property taxes in Hudson, OH, impact my mortgage qualification and monthly payment?

Hudson, located in Summit County, has relatively high property tax rates, which significantly affect your debt-to-income (DTI) ratio and monthly escrow payment. Lenders will carefully calculate these taxes during pre-approval. It's crucial to budget for this, as Hudson's effective tax rate is often above 2%, adding a substantial amount to your monthly mortgage payment compared to many other Ohio suburbs.

What is a typical down payment percentage needed for a home in Hudson's competitive market?

Given Hudson's desirable school district and stable market, competitive offers often include down payments of 20% or more, especially for single-family homes in established neighborhoods. However, many lenders in the area work with qualified buyers using conventional loans with down payments as low as 3-5%, though a stronger down payment improves offer competitiveness in multiple-bid situations common here.

Does Hudson's status as an "All-America City" and its historic district affect the mortgage process?

Yes, if you are purchasing a home within Hudson's designated historic district, you may face additional appraisal requirements. Lenders might require appraisers with specific expertise in historic properties, and certain renovation loans (like a Fannie Mae HomeStyle® loan) may be scrutinized more closely to ensure any planned modifications comply with local historic preservation guidelines.

Are jumbo loans common in Hudson, OH, and what are the specific requirements?

Yes, jumbo loans are very common in Hudson due to many home values exceeding the conforming loan limits (currently $766,550 in Summit County). Requirements are stricter, typically requiring excellent credit (often 700+), a lower DTI ratio, and larger reserves (6-12 months of mortgage payments). Local lenders are experienced with these loans, but rates are usually slightly higher than for conforming loans.

Mortgage Insights

Finding Your Perfect Mortgage Match: Why a Hudson Independent Broker is Your Best First Step

Searching for an "independent mortgage broker near me" in Hudson is more than just finding a loan—it’s about finding a local guide for one of Northeast Ohio’s most desirable markets. Hudson’s charm, with its historic downtown and top-rated schools, creates a competitive housing environment. In this climate, having a dedicated advocate who can navigate the financial intricacies with agility and local insight isn't just helpful; it's a strategic advantage for your home purchase.

An independent mortgage broker in Hudson operates as your personal loan concierge. Unlike a single bank with a limited set of products, a broker has access to a wide network of lenders, from large national banks to smaller regional and local institutions. This is crucial because your financial profile is unique, and the "best" loan for you depends on that profile and the specific property you choose. A broker shops on your behalf, comparing rates and terms to find a fit that a single bank might not offer. In a market where attractive listings move quickly, their ability to secure efficient pre-approvals and flexible solutions can make your offer stand out.

For Hudson homebuyers, local knowledge is key. A broker familiar with Summit County and the surrounding areas understands appraisals trends in neighborhoods like the Highlands, the Streetsboro corridor, or the historic district. They can advise on how Ohio-specific closing costs and property taxes might impact your monthly budget. Furthermore, they are your essential resource for state and local homebuyer programs. For example, they can help you explore options like the Ohio Housing Finance Agency (OHFA) programs, which offer competitive rates, down payment assistance, and grants for eligible first-time and repeat homebuyers. These programs can be game-changers, but they have specific requirements; a knowledgeable broker can help you see if you qualify and seamlessly integrate them into your financing plan.

Your actionable advice starts here. First, when searching for your broker, look for strong local references and proven experience in the Hudson market. Schedule consultations with a few to assess their communication style and understanding of your goals. Come prepared with your questions: ask about their lender network, their experience with OHFA and other assistance programs, and how they’ve helped clients in competitive bidding situations. Be ready to discuss your financial picture openly. Finally, trust their guidance on getting a solid, verified pre-approval letter—this is your ticket to being taken seriously by sellers in Hudson’s active market.

By partnering with a trusted independent mortgage broker, you’re not just getting a loan; you’re gaining a local expert dedicated to finding the right financial key for your new Hudson home.

Nearby Cities

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Why Choose a Mortgage Lender in Hudson?

Local Market Knowledge

Lenders who understand Hudson'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 Hudson and get competitive rates on your home loan.