The Best Mortgage Lenders in Lewisburg, OH
Compare verified mortgage lenders serving Lewisburg, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lewisburg
Featured Mortgage Lenders
Mortgage Department
Wright-Patt Credit Union
As Ohio's largest credit union with deep roots in the Dayton region, Wright-Patt Credit Union serves Lewisburg residents with exceptional mortgage services and competitive rates. They consistently earn top ratings for their personalized service, extensive loan options, and member-focused approach. Their experienced mortgage team provides comprehensive guidance through the entire homebuying process with local underwriting and decision-making.
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Mortgage Lending Team
Union Savings Bank
Union Savings Bank has been serving the Miami Valley region for over a century, including Lewisburg and surrounding communities. Their mortgage division receives outstanding reviews for competitive rates, local processing, and exceptional customer service. As a community-focused bank, they offer personalized attention and deep understanding of the local real estate market with quick turnaround times and flexible loan programs.
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Mortgage Loan Officers
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage's Dayton office serves Lewisburg with top-rated mortgage services, earning nearly perfect reviews for their expertise and customer care. They're renowned for competitive rates, innovative technology that streamlines the application process, and dedicated local loan officers who provide personalized guidance. Their extensive product portfolio and efficient processing make them a preferred choice for homebuyers throughout the region.
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Frequently Asked Questions
Common questions about mortgage lending in Lewisburg, OH
Are there any local down payment assistance programs specifically for Lewisburg, OH homebuyers?
While there are no village-specific programs, Lewisburg homebuyers have excellent access to statewide Ohio Housing Finance Agency (OHFA) programs. These offer competitive interest rates and down payment assistance, such as grants for 2.5% or 3% of the purchase price, which can be particularly helpful given the area's median home prices. A local mortgage lender familiar with OHFA can guide you through the application process.
How does Lewisburg's rural location in Preble County affect the mortgage appraisal process?
Appraisals in Lewisburg and surrounding rural areas can be more complex due to fewer comparable home sales ("comps"). This may sometimes lead to appraisal gaps if a property's agreed-upon price is higher than the appraised value. Working with a lender who uses appraisers experienced with rural Preble County properties is crucial to ensure a smooth and accurate valuation.
What are typical mortgage rates available to buyers in Lewisburg, OH?
Mortgage rates in Lewisburg generally align with national averages but can be influenced by your lender's local market presence and your financial profile. As of recent trends, buyers with strong credit might see rates slightly below the national average due to Ohio's competitive lending environment. It's wise to compare offers from both local credit unions, like those in nearby Eaton or Richmond, and national lenders.
Are USDA loans a common and viable option for homes in Lewisburg, Ohio?
Yes, USDA Rural Development loans are an excellent and frequently used option in Lewisburg, as the entire area is eligible for this 100% financing, no-down-payment program. This can be a major advantage for qualified buyers looking at single-family homes in the village or the surrounding township, making homeownership more accessible without a large upfront cash requirement.
What should I know about property taxes and insurance when calculating my mortgage payment in Lewisburg?
Preble County property taxes are a key component of your monthly payment and are generally considered moderate compared to urban Ohio counties. Homeowners insurance in this rural village is often affordable, but if your property includes acreage, a barn, or is outside the village limits, you may need additional farm or liability coverage, which your lender will require to be escrowed.
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Why Choose a Mortgage Lender in Lewisburg?
Local Market Knowledge
Lenders who understand Lewisburg'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 Lewisburg and get competitive rates on your home loan.