The Best Mortgage Lenders in Marietta, OH
Compare verified mortgage lenders serving Marietta, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Marietta
Featured Mortgage Lenders
Peoples Bank Mortgage Team
Peoples Bank
Peoples Bank stands as Marietta's premier local mortgage lender with deep community roots spanning over a century. As a federally chartered savings bank, they offer the full spectrum of mortgage products with the advantage of local underwriting and decision-making. Their mortgage team receives exceptional ratings for personalized service, competitive rates, and deep understanding of the local Marietta and Washington County real estate market. Customers consistently praise their responsive communication and smooth closing processes.
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Union Home Mortgage
Union Home Mortgage Corp.
Union Home Mortgage maintains a strong presence in the Mid-Ohio Valley with their nearby Parkersburg office actively serving Marietta homebuyers. As a direct lender with in-house underwriting, they offer competitive rates and efficient processing. Their team specializes in first-time homebuyer programs and government-backed loans, with particular expertise in FHA and VA lending. The local loan officers have extensive knowledge of the Marietta market and receive outstanding reviews for their educational approach and transparent communication.
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WesBanco Mortgage Division
WesBanco Bank, Inc.
WesBanco brings substantial regional banking expertise to Marietta with their downtown branch serving as a full-service mortgage lender. With over 150 years of banking history, they offer exceptional stability and local market knowledge. Their mortgage team excels in construction lending and renovation loans, making them particularly valuable for buyers looking to build or improve properties in the Marietta area. Customers consistently rate them highly for their professional service, local decision-making authority, and comprehensive mortgage solutions tailored to individual needs.
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Frequently Asked Questions
Common questions about mortgage lending in Marietta, OH
Are there any special mortgage programs for first-time homebuyers in Marietta, OH?
Yes, the Ohio Housing Finance Agency (OHFA) offers several programs, including grants for down payment and closing cost assistance, which are available to eligible buyers in Marietta. Additionally, local lenders often participate in OHFA's "Your Choice! Down Payment Assistance" program, which can provide 2.5%, 3%, or 5% of the home's purchase price as a non-repayable grant or a forgivable second mortgage.
How does the local economy, particularly the energy and healthcare sectors, impact mortgage lending in Marietta?
Marietta's stable employment base in healthcare (Marietta Memorial Hospital) and the growing oil & gas sector can positively influence mortgage approvals, as lenders view steady employment favorably. However, for those employed in cyclical industries like oil & gas, lenders may require a longer documented employment history (often 2+ years) to ensure income stability before approving a loan.
What are typical property taxes like in Marietta, and how do they affect my mortgage qualification?
Property taxes in Washington County, where Marietta is located, are moderately priced compared to larger Ohio cities. The effective tax rate is typically around 1.2% to 1.5% of the home's assessed value. Lenders will include this estimated monthly tax payment in your debt-to-income ratio calculation, so it's crucial to get an accurate estimate when determining how much house you can afford.
Are USDA rural development loans a viable option for homes in Marietta, OH?
Absolutely. Much of the area surrounding Marietta's city center is eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This can be an excellent option for buyers looking at properties just outside the immediate downtown area, making homeownership more accessible by eliminating the largest upfront cost.
How does the appraisal process work for Marietta's historic homes, particularly in areas like the Historic Harmar District?
Appraising historic homes in Marietta requires an appraiser with specific experience in valuing older, unique properties. Lenders will seek an appraiser familiar with local historic comparables. The process may take longer, and the value is heavily dependent on the condition of major systems (roof, foundation, plumbing) and authentic preservation, which can affect both loan approval and the required inspection contingencies.
Why Choose a Mortgage Lender in Marietta?
Local Market Knowledge
Lenders who understand Marietta'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 Marietta and get competitive rates on your home loan.