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Warsaw, OH

The Best Mortgage Lenders in Warsaw, OH

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

3
Top Lenders
4.7
Avg Rating
360+
Reviews
12
Loan Types

Available Loan Programs in Warsaw

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Construction-to-Permanent
Lot Loans
Home Equity
Investment Properties

Featured Mortgage Lenders

1

Mid-West Federal Credit Union

Mid-West Federal Credit Union

★★★★☆
4.8/5

Mid-West Federal Credit Union is a highly-rated regional financial institution serving multiple counties including Holmes County where Warsaw is located. With exceptional customer satisfaction ratings and over 65 years of community banking experience, they offer personalized mortgage services with competitive rates. Their mortgage team provides comprehensive guidance through the entire home buying process, including specialized first-time homebuyer programs and various government-backed loans. Members consistently praise their responsive service, transparent communication, and local decision-making authority.

Experience:15+ years
Reviews:150 customer reviews
1455 Akron Road, Wooster, OH 44691

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
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2

Richland County Bank

Richland County Bank

★★★★☆
4.7/5

Richland County Bank has been serving Central Ohio communities for over 120 years and provides mortgage services to Warsaw and surrounding areas. As a community-focused bank, they offer personalized mortgage solutions with local underwriting and decision-making. Their experienced loan officers work closely with borrowers throughout Coshocton, Holmes, and Knox counties. Customers consistently rate them highly for their competitive rates, flexible terms, and exceptional customer service. The bank specializes in both purchase and construction loans with various financing options tailored to rural and suburban properties.

Experience:20+ years
Reviews:120 customer reviews
25 North Mulberry Street, Mansfield, OH 44902

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentLot LoansRefinance
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3

Union Savings Bank

Union Savings Bank

★★★★☆
4.6/5

Union Savings Bank has been serving the Coshocton County area for over 100 years and extends mortgage services to Warsaw and surrounding communities. They are particularly strong in rural property financing and offer specialized USDA loans that benefit Warsaw area homebuyers. Their experienced mortgage team provides personalized service with local processing and underwriting. Customers consistently praise their knowledgeable staff, competitive rates, and smooth closing processes. The bank maintains strong relationships with local real estate professionals and offers various mortgage products suitable for the rural character of the Warsaw market.

Experience:25+ years
Reviews:90 customer reviews
125 South 4th Street, Coshocton, OH 43812

Loan Types:

ConventionalFHAVAUSDAConstructionHome EquityRefinanceInvestment Properties
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Frequently Asked Questions

Common questions about mortgage lending in Warsaw, OH

What are typical down payment requirements for homes in Warsaw, OH, given the local market?

In Warsaw's relatively affordable market, many conventional loans require a 5% down payment, though some lenders may offer 3% programs. For the area's median home price, this translates to a manageable $8,000-$15,000 upfront. USDA Rural Development loans are also popular here and offer 0% down options for eligible properties and borrowers, making homeownership very accessible.

Are there any local or county-specific first-time homebuyer programs available in Warsaw?

Yes, the Coshocton County Port Authority administers the "Welcome Home" down payment assistance program, which is available to Warsaw residents. This program can provide qualified first-time buyers with a grant of up to $5,000 to cover down payment and closing costs. Eligibility is based on income and the purchase price of the home within the county.

How does Warsaw's rural designation affect my mortgage options?

Warsaw's location in Coshocton County makes most properties eligible for USDA Rural Development Guaranteed Loans. This is a significant advantage, as USDA loans offer 100% financing (no down payment), competitive interest rates, and more flexible credit guidelines than conventional loans. This program is a cornerstone of mortgage lending in the area.

What should I know about property taxes and insurance when calculating my monthly payment in Warsaw?

Coshocton County has modest property tax rates, typically around 1.1% to 1.3% of the home's assessed value. For insurance, it's wise to factor in a separate flood insurance policy if considering a property near the Walhonding River or Muskingum River. Your lender will help escrow these costs, but budgeting for them early is key for an accurate affordability picture.

Are local community banks a good option for mortgages in Warsaw, and what are their advantages?

Absolutely. Local institutions like Community Bank (with a branch in nearby Coshocton) and other regional banks often have deep knowledge of the Warsaw area's property values and can offer personalized service. They may also be more flexible in underwriting for unique properties, such as those with more land, which are common in the area, compared to large national lenders.

Mortgage Insights

Finding Your Perfect Local Mortgage Partner in Warsaw, Ohio

Searching for "local mortgage lenders near me" is more than just a convenience when you're buying a home in Warsaw, Ohio. It's a strategic move that can make all the difference in navigating our unique rural market and securing the keys to your dream home. In a close-knit community like ours, the right local lender isn't just a service provider; they're a neighbor who understands the value of a home on Coshocton County land, the nuances of well water and septic systems, and the true worth of a renovated farmhouse versus a new build.

So, why go local in Warsaw? First, local lenders have their finger on the pulse of our specific property values. They understand that an appraisal for a home on a few acres outside of town is different from one in a suburban subdivision. They have established relationships with local appraisers and title companies, which can streamline your process and prevent unexpected hiccups. When questions arise about property boundaries or the history of a century home, a lender from a big national bank might be puzzled, but your local loan officer likely knows who to call for answers, often within the same small town network.

For Ohio homebuyers, there are also fantastic state-specific programs that local lenders are experts at navigating. The Ohio Housing Finance Agency (OHFA) offers programs like grants for down payment assistance and affordable first-time homebuyer loans with competitive rates. A local lender who regularly works with these programs can be an invaluable guide, helping you see if you qualify for thousands of dollars in assistance that can make homeownership in Warsaw significantly more attainable. They can also advise on USDA Rural Development loans, which are particularly relevant for many properties in our area and offer 100% financing options.

Your actionable plan starts with a simple shift: look beyond the online rate quote. Make a shortlist of two or three lenders with physical offices in Coshocton County or nearby counties like Holmes or Knox. Schedule face-to-face consultations. Come prepared to ask specific questions: "How many OHFA loans have you closed this year?" "Can you walk me through how you handle appraisals for properties with outbuildings?" "What local title companies do you recommend?" Their answers will tell you not just about rates, but about their depth of local experience.

In Warsaw, your mortgage is more than a transaction; it's the foundation for your life in our community. By choosing a local expert, you gain a partner who invests in your success as a neighbor, ensuring your journey to homeownership is built on local knowledge and genuine personal service. Start your search locally, and you'll find more than a lender—you'll find a guide who knows the lay of the land, literally and figuratively.

Nearby Cities

Explore mortgage lenders in cities near Warsaw, OH

Why Choose a Mortgage Lender in Warsaw?

Local Market Knowledge

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