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Tiro, OH

The Best Mortgage Lenders in Tiro, OH

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

3
Top Lenders
4.7
Avg Rating
372+
Reviews
10
Loan Types

Available Loan Programs in Tiro

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
Construction-to-Permanent
Home Equity
First-time Homebuyer

Featured Mortgage Lenders

1

Tom Stortz

First Federal Community Bank

★★★★☆
4.8/5

First Federal Community Bank has been serving Crawford County and surrounding areas for nearly 90 years, making them deeply embedded in the Tiro community. As a local community bank with multiple branches throughout the region, they offer personalized mortgage services with local decision-making. Their mortgage team, led by experienced professionals like Tom Stortz, provides competitive rates and flexible terms with exceptional customer service. The bank specializes in first-time homebuyer programs and offers various loan options including USDA loans which are particularly relevant for rural areas like Tiro. Their long-standing presence and commitment to the local community make them a trusted choice for Tiro residents.

Experience:25 years
Reviews:89 customer reviews
21 E Rensselaer St, Bucyrus, OH 44820

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Matt Miller

Richland Bank

★★★★☆
4.7/5

Richland Bank has been serving North Central Ohio for over a century, with strong presence in communities surrounding Tiro. As a regional bank headquartered in nearby Mansfield, they understand the local real estate market dynamics and offer tailored mortgage solutions for rural and suburban properties. Their mortgage specialists provide comprehensive guidance through the entire home buying process, with particular expertise in rural development loans that suit Tiro's community profile. The bank is known for its competitive rates, transparent fee structure, and commitment to local communities through various outreach programs and sponsorships.

Experience:20 years
Reviews:127 customer reviews
10 N Main St, Mansfield, OH 44902

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentHome EquityRefinance
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3

Mortgage Department

CME Federal Credit Union

★★★★☆
4.6/5

CME Federal Credit Union serves members throughout Ohio, including Tiro residents, with a strong focus on member satisfaction and competitive mortgage products. While headquartered in Columbus, they have extensive experience serving rural communities across the state. Their mortgage team offers personalized service with lower fees and competitive rates typically associated with credit unions. CME FCU provides comprehensive mortgage counseling and educational resources for first-time homebuyers, along with various special loan programs. Their digital mortgage application process combined with local underwriting expertise makes them an excellent choice for Tiro homebuyers seeking both convenience and personalized service.

Experience:18 years
Reviews:156 customer reviews
4300 Groves Rd, Columbus, OH 43232

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Tiro, OH

Are there any special mortgage programs for first-time homebuyers in Tiro, Ohio?

Yes, Ohio offers statewide programs like the Ohio Housing Finance Agency's (OHFA) "Your Choice! Down Payment Assistance," which can provide up to 5% of the loan amount in a grant or a forgivable second mortgage. Tiro residents can also benefit from OHFA's competitive first-time homebuyer rates, which are often below market. Working with a local lender familiar with these programs is key to accessing them for a Tiro property.

How do property taxes in Crawford County affect my mortgage payment in Tiro?

Crawford County property taxes are a significant component of your monthly escrow payment. The county's effective tax rate is moderately high compared to the national average, which can increase your total monthly mortgage payment. It's crucial to get an accurate estimate of taxes for your specific Tiro property during the pre-approval process to budget correctly.

What are typical down payment requirements for homes in Tiro's more rural areas versus in the village itself?

Down payment requirements are primarily set by loan type and your financial profile, not Tiro's specific location. However, for the more rural properties surrounding Tiro, some lenders may have specific appraisal or property condition requirements for USDA Rural Development loans, which offer 0% down. Conventional loans (3% down) and FHA loans (3.5% down) are widely available throughout the area.

Is it difficult to get a mortgage for an older or historic home in Tiro?

It can present unique challenges. Many homes in Tiro and surrounding Crawford County are older, and lenders may require stricter inspections for issues like outdated electrical systems, plumbing, or foundations. An FHA 203(k) renovation loan or a conventional HomeStyle loan can be excellent options to finance both the purchase and necessary repairs, but you'll need to work with a lender experienced in these products.

How does Tiro's stable but slower-paced housing market influence the mortgage process?

Tiro's market is less competitive than major Ohio cities, which can be an advantage for buyers. You may have more time for due diligence, and appraisal gaps are less common. However, local lenders with expertise in the area are essential, as they understand the nuances of valuing properties in a small, rural community, ensuring a smoother underwriting and closing process.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Tiro, Ohio

Searching for "home loan lenders near me" is one of the most crucial steps in your Tiro homebuying journey. It’s more than just finding a name on a map; it’s about connecting with a financial partner who understands our unique local market and can guide you to the right mortgage product. In a smaller, close-knit community like Tiro, this local expertise becomes invaluable.

The Tiro housing market offers a blend of affordability and rural charm that attracts buyers looking for space and a quieter pace of life. Properties here often include more land, older homes with character, and values that are distinct from larger Ohio cities. A local lender, whether a community bank, a credit union, or a mortgage broker with deep regional ties, will understand these nuances. They can accurately appraise a property with a barn or a larger parcel, and they’re familiar with the specifics of Crawford County. They also understand the seasonal rhythms that might affect your buying timeline or closing process.

When starting your search, think beyond just the big national banks. Begin with Tiro's own financial institutions or those in nearby Bucyrus and Mansfield. The personal relationships fostered at places like Home Savings Bank or Richland Bank can make a significant difference. A loan officer you can meet face-to-face at a local branch can offer tailored advice and often a more streamlined process. Don’t hesitate to ask them pointed questions: "How many loans have you closed in Crawford County this year?" or "What specific challenges have you seen with well and septic inspections in this area?"

Ohio offers several regional programs that a knowledgeable local lender can help you navigate. The Ohio Housing Finance Agency (OHFA) provides fantastic opportunities for first-time and repeat homebuyers in Tiro, including competitive interest rates, down payment assistance grants, and affordable loan products. Your local lender can tell you if a home qualifies and if your income meets the requirements for Crawford County. They’ll also be well-versed in USDA Rural Development loans, which are exceptionally relevant for many properties in and around Tiro, offering zero-down-payment options for eligible buyers in designated rural areas.

Your actionable plan should look like this: First, compile a list of three to four local lenders from your "near me" search. Include at least one community bank and one credit union. Second, get pre-approved by at least two of them. This not only shows sellers you’re serious but also lets you compare real rates, fees, and service. Finally, discuss the OHFA and USDA programs in detail with each loan officer to see which benefits you might unlock.

Buying a home in Tiro is about investing in a community. By choosing a home loan lender who is invested here too, you gain a partner who doesn’t just see numbers, but sees your future in our town. Take the time to find that right local fit—it’s the foundation for everything that follows.

Nearby Cities

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Why Choose a Mortgage Lender in Tiro?

Local Market Knowledge

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