The Best Mortgage Lenders in Reno, OH
Compare verified mortgage lenders serving Reno, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Reno
Featured Mortgage Lenders
Marietta Savings Bank Mortgage Team
Marietta Savings Bank
Marietta Savings Bank is a highly-rated community bank serving the Reno, Ohio area with over a century of local banking experience. They specialize in personalized mortgage solutions for southern Ohio residents with competitive rates and local underwriting. Their mortgage team receives exceptional reviews for their responsiveness, transparent communication, and deep understanding of the local real estate market. As a community-focused institution, they offer both traditional and government-backed loan programs with flexible terms tailored to individual financial situations.
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WesBanco Mortgage Division
WesBanco Bank, N.A.
WesBanco has a strong regional presence throughout Ohio and West Virginia, serving the Reno area with comprehensive mortgage services. They consistently receive high marks for their competitive interest rates, efficient closing processes, and knowledgeable loan officers. With multiple branches in the region, they offer convenient local service combined with the resources of a larger financial institution. Their mortgage specialists are praised for guiding borrowers through the entire process and providing clear explanations of loan options and requirements.
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Union Home Mortgage Corp.
Union Home Mortgage
Union Home Mortgage maintains a strong presence in southeastern Ohio with a dedicated Marietta office that serves the Reno community. They are consistently rated among the top mortgage lenders in the region for their exceptional customer service and wide range of loan products. Their local loan officers have extensive knowledge of the area's housing market and provide personalized guidance throughout the mortgage process. The company receives particularly strong reviews for their responsiveness, competitive rates, and ability to handle complex financing situations with professionalism and expertise.
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Frequently Asked Questions
Common questions about mortgage lending in Reno, OH
What are the typical down payment requirements for a mortgage in Reno, OH, given the more rural and affordable market?
In Reno's affordable market, many conventional loans can be secured with a 3% down payment for qualified buyers, and FHA loans require as little as 3.5%. Local lenders are familiar with the area's lower median home prices, making down payment amounts more manageable compared to larger Ohio cities. USDA loans, which require 0% down, are also a popular option in this qualifying rural area.
Are there any local or county-specific first-time homebuyer assistance programs available in Reno, OH?
Yes, homebuyers in Reno (located in Washington County) should explore the **Washington County First-Time Homebuyer Program**. This program can provide down payment and closing cost assistance in the form of a forgivable loan. It's essential to work with a lender approved by the County to access these funds, as they are often paired with OHFA (Ohio Housing Finance Agency) loans.
How do property taxes in Washington County, OH, impact my monthly mortgage payment?
Washington County has relatively moderate property tax rates compared to other parts of Ohio. Your lender will calculate an escrow payment for taxes as part of your monthly mortgage payment. It's crucial to get an accurate estimate from the county auditor, as taxes can vary between townships, ensuring your payment isn't unexpectedly high.
What type of property inspections or considerations are especially important when getting a mortgage for a home in Reno, OH?
Given the age of many homes in the area and its proximity to the Ohio River, a thorough **home inspection** and a **separate pest inspection** are critical. Lenders will require these to identify issues like foundational concerns, outdated systems, or termite damage, which could affect the home's value and loan approval. Well and septic inspections are also common for non-city properties.
How does Reno's location within a federally designated rural area affect my mortgage options?
Reno's location makes many properties eligible for **USDA Rural Development loans**, which offer 100% financing (no down payment) and competitive interest rates for low-to-moderate income buyers. This is a significant advantage. To confirm a specific property's eligibility, you or your lender must check the USDA's online eligibility map.
Why Choose a Mortgage Lender in Reno?
Local Market Knowledge
Lenders who understand Reno'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 Reno and get competitive rates on your home loan.