The Best Mortgage Lenders in Paris, OH
Compare verified mortgage lenders serving Paris, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Paris
Featured Mortgage Lenders
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a top-rated lender with a strong local presence in Stark County, serving Paris, Ohio. Founded in 2003, they have built a reputation for competitive rates, efficient loan processing, and personalized customer service. With over 245 reviews highlighting their reliability and expertise, they are a trusted choice for various loan types, including first-time homebuyer programs and refinancing options. Their Canton office ensures easy access for Paris residents.
Loan Types:
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is highly regarded for its exceptional customer service and community involvement in the Paris, Ohio area. Established in 1996, they offer a wide range of loan products with competitive rates and are praised for their responsive communication and local expertise. With nearly 200 reviews reflecting high satisfaction, they provide reliable support for homebuyers and investors alike, making them a standout option in Stark County.
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New American Funding
New American Funding, LLC
New American Funding is a reputable lender known for its diverse loan options and strong customer satisfaction in serving Paris, Ohio. Founded in 2003, they specialize in accommodating various financial needs, including programs for first-time buyers and refinancing. With around 190 reviews emphasizing their competitive rates and helpful staff, they have a solid track record in the Stark County region, ensuring accessible and reliable mortgage services.
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Frequently Asked Questions
Common questions about mortgage lending in Paris, OH
What are typical down payment requirements for homes in Paris, OH, given the local market prices?
For the relatively affordable homes in Paris, many conventional loans require a minimum of 3-5% down. With median home prices in the $150,000-$200,000 range, this translates to a down payment of approximately $4,500 to $10,000, making homeownership more accessible. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties in this area.
Are there any first-time homebuyer programs specifically for Paris, OH, residents?
Yes, the Ohio Housing Finance Agency (OHFA) offers several statewide programs, including down payment assistance grants and competitive interest rates, which are accessible to Paris homebuyers. Additionally, some local credit unions, like those based in nearby Cambridge or Dover, may offer special programs or counseling for first-time buyers in the Paris area to help navigate the purchase process.
How does the rural nature of Paris, OH, affect my mortgage options?
Paris's location in a rural county makes many homes eligible for USDA Rural Development loans, a popular option that offers 100% financing with no down payment. Furthermore, properties with larger acreage are common, and lenders familiar with the area will understand how to properly appraise land value, which can differ from urban property assessments.
What should I know about property taxes and insurance when calculating my mortgage payment in Paris?
Property taxes in Paris Township (Guernsey County) are generally lower than state and national averages, which positively impacts your monthly payment. For insurance, it's important to factor in the potential need for a separate flood insurance policy if the property is near Wills Creek or other waterways, as this is a local consideration that lenders will require.
Are local community banks or credit unions a better option for mortgages in Paris than large national banks?
Often, yes. Local institutions like The Citizens Bank or Community Bank have deep roots in the area and may offer more personalized service and flexibility, especially for unique properties or self-employed borrowers. They also typically have a better understanding of local property values and market conditions in Guernsey County compared to out-of-state lenders.
Why Choose a Mortgage Lender in Paris?
Local Market Knowledge
Lenders who understand Paris'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 Paris and get competitive rates on your home loan.