The Best Mortgage Lenders in Lucasville, OH
Compare verified mortgage lenders serving Lucasville, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Lucasville
Featured Mortgage Lenders
Mortgage Department
Kemba Credit Union
Kemba Credit Union stands out as one of southern Ohio's most trusted mortgage lenders with an exceptional 4.8-star rating across hundreds of reviews. While headquartered in Columbus, they actively serve the Lucasville area and surrounding Scioto County with personalized mortgage solutions. Their 85+ years of operation demonstrates remarkable stability and community commitment. Kemba offers competitive rates with no origination fees on many loans and provides exclusive benefits for members. Their mortgage specialists are praised for guiding borrowers through the entire process with transparency and expertise, particularly valued by first-time homebuyers and veterans seeking VA loans.
Loan Types:
Mortgage Lending Team
Premier Bank
Premier Bank maintains a strong physical presence just 10 miles from Lucasville in Portsmouth, making them exceptionally accessible for local borrowers. With roots dating back to 1892, this community-focused bank has built tremendous trust throughout Scioto County. Their 4.7-star rating reflects consistent customer satisfaction with mortgage processing, local underwriting decisions, and personalized service. Premier Bank specializes in understanding the unique southern Ohio real estate market and offers construction loans that are particularly valuable in more rural areas like Lucasville. Customers appreciate working with local loan officers who understand the community.
Loan Types:
Mortgage Division
Union Home Mortgage
Union Home Mortgage operates a dedicated local office just 8 miles from Lucasville in Wheelersburg, providing exceptional convenience for Scioto County residents. With a stellar 4.8-star rating and 40 years of mortgage expertise, they've become one of the region's most recommended lenders. Their local loan officers have deep knowledge of the Portsmouth/Lucasville housing market and maintain strong relationships with local real estate professionals. Union Home Mortgage is particularly noted for their efficient processing, competitive conventional and government loan options, and flexible underwriting that accommodates various financial situations. Their commitment to local service with national resources makes them a top choice.
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Frequently Asked Questions
Common questions about mortgage lending in Lucasville, OH
What are the current mortgage rates like in Lucasville, OH, and how do they compare to state averages?
Mortgage rates in Lucasville are generally in line with national and Ohio averages, but local credit unions like Southern Ohio Educational Service Center Credit Union can sometimes offer very competitive rates. As a rural area, rates may be slightly higher than in major metro areas like Columbus due to different lender competition, but shopping with local and regional lenders is key to finding the best deal.
Are there any down payment assistance programs specifically for buyers in Lucasville or Scioto County?
Yes, the Ohio Housing Finance Agency (OHFA) offers several statewide programs, like the OHFA Grant, which provides 2.5% or 5% of the purchase price for down payment and closing costs, available to eligible buyers in Lucasville. Additionally, the Scioto County Land Reutilization Corporation ("Land Bank") occasionally has programs for purchasing renovated homes, which can include favorable financing terms.
How does the appraisal process work for a home in Lucasville's more rural or large-lot properties?
Appraising rural properties in Lucasville can be more complex due to larger parcels, varying land quality, and fewer comparable sales ("comps"). Lenders often require appraisers with specific experience in rural Scioto County to properly value the land and improvements. This process might take slightly longer and could require a more detailed appraisal report than for a standard suburban home.
What should I know about property taxes and insurance when getting a mortgage in Lucasville?
Property taxes in Scioto County are relatively low compared to urban Ohio counties, which can help with debt-to-income ratio calculations. However, due to the rural setting and potential for well and septic systems, lenders will require thorough homeowners insurance and may mandate additional inspections for these systems, which can influence loan approval and escrow requirements.
Are USDA Rural Development loans a common and good option for mortgages in Lucasville, OH?
Absolutely. Given Lucasville's designation as a rural area, USDA loans are an extremely popular and advantageous option. They offer 100% financing (no down payment) for eligible borrowers and properties, and most of the area qualifies. This program is particularly well-suited for first-time and moderate-income buyers looking at homes in the Lucasville area.
Nearby Cities
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Why Choose a Mortgage Lender in Lucasville?
Local Market Knowledge
Lenders who understand Lucasville'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 Lucasville and get competitive rates on your home loan.