The Best Mortgage Lenders in Limaville, OH
Compare verified mortgage lenders serving Limaville, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Limaville
Featured Mortgage Lenders
Third Federal Savings & Loan
Third Federal Savings and Loan Association
Third Federal Savings & Loan is one of Northeast Ohio's most trusted mortgage lenders with over eight decades of service. They maintain an exceptional 4.8-star rating across multiple review platforms, praised for their competitive rates, low fees, and exceptional customer service. As a mutual institution, they prioritize customer needs over shareholder profits, offering personalized service through their local Canton branch that serves the Limaville area. Their experienced loan officers specialize in first-time homebuyer programs and offer a wide range of mortgage products with transparent terms.
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CFFCU Mortgage Services
Consumers Federal Credit Union
Consumers Federal Credit Union has been serving Stark County residents since 1937 and maintains an outstanding reputation for mortgage lending. With a 4.7-star rating from hundreds of satisfied members, they're known for their competitive rates, low closing costs, and personalized service. As a credit union, they offer member-focused benefits including discounted rates for qualified borrowers and local underwriting decisions. Their mortgage team has extensive experience with the Limaville and greater Stark County real estate markets, providing comprehensive guidance through the entire home buying process.
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NBKC Bank
National Bank of Kansas City
NBKC Bank consistently ranks among the nation's top mortgage lenders with an exceptional 4.9-star rating across thousands of reviews. While based in Kansas City, they're licensed to operate in Ohio and serve the Limaville area with competitive digital mortgage services. They're particularly noted for their streamlined online application process, competitive rates with low fees, and exceptional customer service. NBKC offers a price match guarantee on their mortgage rates and has received multiple awards for customer satisfaction. Their experienced loan officers provide personalized service despite the digital platform, making them an excellent choice for borrowers seeking convenience without sacrificing quality.
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Frequently Asked Questions
Common questions about mortgage lending in Limaville, OH
Are there any special mortgage programs for first-time homebuyers in Limaville, Ohio?
Yes, Ohio offers statewide programs like the Ohio Housing Finance Agency's (OHFA) "Your Choice! Down Payment Assistance," which can provide up to 5% of the loan amount for down payment and closing costs. These programs are available in Stark County, including Limaville, and often have income and purchase price limits, making them ideal for the area's more affordable housing market.
How does Limaville's rural location and small size affect the mortgage process?
Limaville's rural classification and low population can influence property appraisal processes, as appraisers may need to use comparable sales from a wider geographic area, potentially including nearby Alliance or Louisville. This can sometimes lead to more conservative valuations, so working with a lender experienced in rural Ohio properties is beneficial to ensure a smooth process.
What are typical property taxes like for a home in Limaville, and how do they impact my mortgage payment?
Property taxes in Limaville (Stark County) are relatively moderate for Ohio. The effective tax rate is typically around 1.4% to 1.6% of the home's assessed value. Your lender will calculate an escrow payment for these taxes as part of your monthly mortgage payment, which is crucial for budgeting given that taxes can be a significant portion of the total payment in Ohio.
Are USDA Rural Development loans a viable option for mortgages in Limaville, OH?
Absolutely. Given Limaville's population and location, most of the village is eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing with no down payment. This is a highly attractive program for eligible buyers in Limaville, as it can make homeownership more accessible in this rural community. You must meet income eligibility requirements for Stark County.
How competitive is the mortgage lending environment in Limaville compared to larger Ohio cities?
While you have access to national and online lenders, the local lending environment is less saturated. Working with a regional bank or credit union based in Stark County (like Consumers National Bank or Superior Credit Union) can provide distinct advantages, such as deeper knowledge of the local property market and potentially more personalized service for the unique aspects of a Limaville purchase.
Why Choose a Mortgage Lender in Limaville?
Local Market Knowledge
Lenders who understand Limaville'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 Limaville and get competitive rates on your home loan.