The Best Mortgage Lenders in Lisbon, OH
Compare verified mortgage lenders serving Lisbon, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lisbon
Featured Mortgage Lenders
Mortgage Department
Huntington National Bank
Huntington National Bank stands out as one of Ohio's most established and highly-rated mortgage lenders with extensive presence throughout the state. While not based in Lisbon, they actively serve Columbiana County with dedicated local mortgage specialists. Their 4.8 rating reflects exceptional customer satisfaction with competitive rates and a wide range of loan products. Huntington's deep community roots and long history in Ohio banking make them a trusted choice for Lisbon area homebuyers seeking personalized service from a financially stable institution with local decision-making capabilities.
Loan Types:
Mortgage Center
Farmers National Bank of Canfield
Farmers National Bank of Canfield is a premier community bank serving Columbiana County and the greater Lisbon area with exceptional mortgage services. With over 130 years of local banking experience, they offer the personalized attention of a community bank combined with competitive mortgage products. Their 4.7 rating demonstrates consistent customer satisfaction, particularly praised for their responsive communication and local underwriting. As a true community bank, they understand the Lisbon area market dynamics and provide tailored mortgage solutions with local decision-making that larger national lenders cannot match.
Loan Types:
Mortgage Lending Department
Home Savings Bank
Home Savings Bank has been serving the Mahoning Valley region including Lisbon and Columbiana County for nearly 90 years. Their mortgage department earns consistent 4.6+ ratings for exceptional service and competitive rates. Specializing in both purchase and refinance loans, they offer local processing and underwriting with deep knowledge of the Lisbon area housing market. Customers frequently praise their straightforward approach, transparency throughout the process, and commitment to finding the right mortgage solution. Their community-focused approach and long-standing presence in Northeast Ohio make them a reliable choice for Lisbon residents.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Lisbon, OH
What are typical down payment requirements for homes in Lisbon, OH, given the local market prices?
For Lisbon's median home price range of $150,000-$200,000, conventional loans often require 3-5% down, while FHA loans require 3.5%. Many local lenders are familiar with financing homes in this price range and can structure loans to keep upfront costs manageable. USDA loans, which require 0% down, are also a popular option in Columbiana County for eligible rural properties.
Are there any local or county-specific first-time homebuyer programs available in Lisbon?
Yes, the Columbiana County Port Authority often administers or can direct buyers to down payment assistance programs. One notable program is the "Welcome Home Ohio" grant, a statewide initiative that can provide up to $10,000 in down payment assistance for eligible first-time buyers in qualifying areas like Lisbon. It's crucial to work with a lender experienced in these local grants to navigate the application process.
How do property taxes in Columbiana County impact my monthly mortgage payment in Lisbon?
Columbiana County has relatively moderate property tax rates compared to other Ohio counties. For a $175,000 home in Lisbon, you can expect annual property taxes to be approximately $1,800-$2,200. Your lender will escrow this amount, dividing it into 12 monthly payments included in your total mortgage payment, which helps with budgeting predictability.
What should I know about getting a mortgage for an older, historic home in Lisbon's downtown area?
Financing older homes (common in Lisbon's historic district) may require specific inspections and potentially an FHA 203(k) renovation loan if updates are needed. Local lenders familiar with the area's housing stock can guide you on appraisal considerations for historic properties. It's wise to get a thorough home inspection to identify any structural or system issues that could affect loan approval.
Are mortgage rates in Lisbon, OH, different from the national average, and what local factors influence them?
Mortgage rates in Lisbon generally align with national averages, as they are set by larger market forces. However, your final rate is influenced by your personal credit profile, loan type, and the specific lender you choose. Working with a local community bank or credit union in Columbiana County can sometimes offer competitive rates and more personalized service for Lisbon homebuyers.
Why Choose a Mortgage Lender in Lisbon?
Local Market Knowledge
Lenders who understand Lisbon'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 Lisbon and get competitive rates on your home loan.