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Perry, OH

The Best Mortgage Lenders in Perry, OH

Compare verified mortgage lenders serving Perry, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
886+
Reviews
12
Loan Types

Available Loan Programs in Perry

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
Home Equity
Fixed-rate
Adjustable-rate
Construction-to-Perm

Featured Mortgage Lenders

1

Cardinal Credit Union Mortgage Department

Cardinal Credit Union

★★★★☆
4.8/5

As one of Northeast Ohio's most established credit unions, Cardinal Credit Union has been serving Perry and surrounding Lake County communities for over seven decades. They consistently receive exceptional ratings for their personalized mortgage services, competitive rates, and member-focused approach. Their local mortgage specialists have deep knowledge of the Perry real estate market and offer comprehensive guidance through the entire home financing process, from pre-approval to closing.

Experience:75 years
Reviews:285 customer reviews
5050 Mayfield Road, Lyndhurst, OH 44124

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinanceFirst-time Homebuyer
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2

Third Federal Savings & Loan

Third Federal Savings and Loan Association

★★★★☆
4.7/5

Third Federal is a Cleveland-based institution with a strong statewide presence and excellent reputation for mortgage lending throughout Ohio. They're particularly noted for their low rates, transparent fee structure, and exceptional customer service. With decades of experience serving Northeast Ohio communities including Perry, they offer both in-person and digital mortgage services. Their long-standing commitment to responsible lending and community investment makes them a trusted choice for Perry homebuyers.

Experience:83 years
Reviews:412 customer reviews
7007 Broadway Avenue, Cleveland, OH 44105

Loan Types:

ConventionalFHAVARefinanceHome EquityFixed-rateAdjustable-rate
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3

Union Home Mortgage

Union Home Mortgage Corp.

★★★★☆
4.6/5

Union Home Mortgage is a highly-rated regional mortgage lender headquartered in Strongsville, Ohio, with multiple offices serving the entire state including the Perry area. They're recognized for their extensive loan options and expert mortgage advisors who provide personalized service. The company has built a strong reputation for smooth closings and competitive pricing. Their local loan officers have specific knowledge of Lake County's housing market and provide comprehensive support throughout the mortgage process.

Experience:40 years
Reviews:189 customer reviews
23450 Aurora Road, Bedford Heights, OH 44146

Loan Types:

ConventionalFHAVAUSDAJumboConstruction-to-PermRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Perry, OH

Are there any special mortgage or down payment assistance programs for first-time homebuyers in Perry, OH?

Yes, Perry homebuyers can access statewide Ohio programs like the Ohio Housing Finance Agency's (OHFA) "Your Choice! Down Payment Assistance," which offers 2.5%, 3%, or 5% of the purchase price as a grant or forgivable loan. Additionally, Lake County may offer local grants or programs, so it's wise to work with a lender familiar with these regional resources to maximize your assistance.

How do property taxes in Perry, OH, impact my mortgage payment and qualification?

Perry, located in Lake County, has property tax rates that are a significant component of your monthly escrow payment. Lake County's effective tax rate is moderately high compared to national averages, which can affect your debt-to-income (DTI) ratio during qualification. Your lender will use the specific tax rate for the property's township and school district to calculate an accurate payment estimate.

What types of properties are common in Perry, and does that affect my loan options?

Perry features a mix of single-family homes, older ranch-style properties, and some newer subdivisions, along with a number of homes on larger lots. For standard homes, conventional, FHA, and VA loans are widely available. If you're considering a unique property, like a home on several acres, ensure your lender has experience with non-standard appraisals common in the area.

What are typical mortgage interest rates for buyers in Perry, OH?

Mortgage rates in Perry align with national and Ohio averages, but your specific rate depends on credit score, loan type, and down payment. As a general guide, rates in Northeast Ohio are competitive, but working with a local lender can sometimes provide access to special programs or relationships with local banks that may offer favorable terms.

Are there specific lenders in Perry or Lake County that have expertise with the local market?

While major national lenders operate here, several strong local and regional banks and credit unions, such as First Federal Lakewood or local credit unions, have deep knowledge of the Perry market. These local institutions often have a better understanding of property values in specific neighborhoods and may offer more personalized underwriting for the area's housing stock.

Mortgage Insights

Finding Your Perfect Mortgage Match in Perry, Ohio

If you’re dreaming of a home in Perry, with its excellent schools, close-knit community, and beautiful proximity to Lake Erie, you’re focused on finding the right house. But first, you need to find the right financing. For many Perry homebuyers, partnering with a local mortgage broker is the smartest step toward that front door key. Unlike a single bank loan officer, a broker has access to a wide network of lenders, which is a particular advantage in our unique market.

Perry’s housing market can be competitive, with a desirable mix of historic homes, newer subdivisions, and scenic properties. A local mortgage broker understands this landscape. They know how appraisals might trend in different neighborhoods, from the areas near the Perry Township Park to properties with lake access. This local insight is invaluable when you’re making an offer. A broker can help you structure a strong, credible pre-approval letter—a crucial tool to show sellers you’re a serious and qualified buyer in a multiple-offer situation.

On a practical level, start your search for a Perry mortgage broker by asking for referrals from your local real estate agent, friends, or family who have recently purchased in Lake County. Look for brokers who are deeply familiar with Ohio-specific programs. For instance, the Ohio Housing Finance Agency (OHFA) offers fantastic benefits for eligible buyers, including competitive interest rates, down payment assistance, and grants. A knowledgeable broker will guide you through OHFA’s options, like the Your Choice! Down Payment Assistance program, which can provide 2.5% or 5% of the loan amount to help with your upfront costs. They can determine if you meet income and purchase price limits, which are especially relevant for first-time homebuyers looking in Perry.

Your action plan should begin with interviews. Contact two or three brokers in the area. Ask them: How do you communicate with clients? Can you provide examples of loans you’ve secured for buyers in Perry? What Ohio-specific programs do you recommend for my situation? Pay attention to how they explain complex terms; your broker should be your educator and advocate.

Remember, a broker’s service is typically paid by the lender, but their true value is in shopping for you. They can scour their network for the best rate and term combination that fits your financial picture, whether you’re a veteran exploring a VA loan, a professional using a physician loan, or a family utilizing a conventional loan. For Perry homebuyers, this local, personalized approach doesn’t just find a mortgage—it helps secure your place in a wonderful community. Start the conversation with a broker early, and you’ll be on solid footing to make a confident offer on your perfect Perry home.

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Why Choose a Mortgage Lender in Perry?

Local Market Knowledge

Lenders who understand Perry'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 Perry and get competitive rates on your home loan.