The Best Mortgage Lenders in Union City, OH
Compare verified mortgage lenders serving Union City, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Union City
Featured Mortgage Lenders
Wright-Patt Credit Union Mortgage Department
Wright-Patt Credit Union
Wright-Patt Credit Union is consistently ranked among Ohio's top mortgage lenders with exceptional member satisfaction ratings. As one of Ohio's largest credit unions, they serve Darke County and Union City residents with highly competitive rates and personalized service. Their mortgage team specializes in first-time homebuyer programs and offers digital mortgage applications with local underwriting. With numerous local branches throughout the region and deep community roots, they provide comprehensive mortgage solutions with exceptional customer service ratings and low closing costs.
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Fifth Third Bank Mortgage
Fifth Third Bank
Fifth Third Bank maintains a strong regional presence throughout Ohio with dedicated mortgage specialists serving Union City and surrounding communities. They offer competitive rate guarantees and a streamlined digital mortgage experience combined with local banking expertise. Their mortgage professionals are highly rated for responsiveness and guidance through the entire homebuying process. With extensive experience in rural and suburban Ohio markets, they provide specialized loan programs and construction lending options ideal for the Union City area.
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Union Savings Bank Mortgage Division
Union Savings Bank
Union Savings Bank has deep roots in Darke County and surrounding areas, making them exceptionally familiar with Union City's real estate market. As a community-focused bank, they provide personalized mortgage services with local decision-making and underwriting. Their mortgage team receives outstanding ratings for customer service and attention to detail, particularly for agricultural and rural property financing. They offer competitive construction-to-permanent loans and have strong relationships with local real estate professionals, ensuring smooth transactions for Union City homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Union City, OH
Are there any local down payment assistance programs specifically for Union City, OH, homebuyers?
While Union City itself does not offer a city-specific program, Ohio has several statewide programs accessible to Union City residents. The most notable is the Ohio Housing Finance Agency's (OHFA) "Your Choice! Down Payment Assistance," which offers a grant of 2.5% or 5% of the loan amount. Eligibility is based on income limits and home price caps, which are favorable for the Union City market.
How do property taxes in Union City, OH, impact my monthly mortgage payment?
Darke County, where Union City is located, has relatively moderate property tax rates compared to larger Ohio metro areas. Your lender will estimate these taxes for your escrow account, but it's wise to verify the exact rate with the Darke County Auditor's office, as rates can vary slightly between townships. This local tax rate is a key factor in calculating your total monthly PITI (Principal, Interest, Taxes, and Insurance) payment.
What types of properties in Union City might require special mortgage considerations?
Union City has a mix of historic homes and rural properties. Financing a home on a well and septic system, common in the surrounding areas, is standard but requires passing a water quality and system inspection. For historic homes, a standard mortgage is typically available, but an appraisal may take longer as the appraiser must find appropriate comparable sales, which can be less frequent in a smaller market.
As a first-time homebuyer in Union City, what should I know about the local market competition?
The Union City market is generally less competitive than major Ohio cities, but well-priced, move-in ready homes can still attract multiple offers. Being pre-approved with a local or regional lender who understands the area can make your offer stronger. It's also important to budget for potential appraisal gaps, as finding exact comparables for unique properties can sometimes be a challenge.
Are USDA rural development loans a viable option for mortgages in Union City, Ohio?
Yes, absolutely. Union City is designated as an eligible rural area by the USDA, making 100% financing (no down payment) available through the USDA Rural Development Guaranteed Housing Loan program. This is a major advantage for eligible buyers with moderate incomes looking to purchase in Union City, as it removes one of the biggest barriers to homeownership.
Why Choose a Mortgage Lender in Union City?
Local Market Knowledge
Lenders who understand Union City'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 Union City and get competitive rates on your home loan.