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Washingtonville, OH

The Best Mortgage Lenders in Washingtonville, OH

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

3
Top Lenders
4.5
Avg Rating
830+
Reviews
7
Loan Types

Available Loan Programs in Washingtonville

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages

Featured Mortgage Lenders

1

loanDepot

loanDepot, LLC

★★★★☆
4.5/5

loanDepot is a highly-rated national mortgage lender with a strong presence in Ohio, including service to Washingtonville and surrounding areas. Known for competitive rates and a digital-friendly process, they offer a wide range of loan products and have built a reputation for efficiency and customer satisfaction. Their extensive experience and high review count reflect reliability and a commitment to helping borrowers in Columbiana County and beyond achieve homeownership.

Experience:14 years
Reviews:350 customer reviews
5005 Rockside Rd, Independence, OH 44131

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding, LLC

★★★★☆
4.6/5

New American Funding is a top-rated mortgage lender that serves Washingtonville and the broader Ohio region, praised for its diverse loan options and exceptional customer service. With a focus on community inclusion and flexible lending solutions, they have a track record of high customer satisfaction and competitive rates. Their long-standing experience and substantial review base make them a trusted choice for homebuyers in rural and urban areas alike.

Experience:21 years
Reviews:280 customer reviews
7000 Huntington Park Dr, Columbus, OH 43229

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
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3

Caliber Home Loans

Caliber Home Loans, Inc.

★★★★☆
4.4/5

Caliber Home Loans is a reputable mortgage lender with a significant footprint in Ohio, including service to Washingtonville and nearby communities. They are recognized for their personalized approach, competitive pricing, and wide array of loan products. With years of experience and a strong review history, Caliber emphasizes customer care and has a proven ability to navigate various mortgage scenarios, making them a reliable option for home financing in the region.

Experience:16 years
Reviews:200 customer reviews
5500 New Albany Rd, Dublin, OH 43017

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Washingtonville, OH

What are typical mortgage rates for homebuyers in Washingtonville, OH, and how do they compare to state averages?

Mortgage rates in Washingtonville are generally aligned with national and Ohio averages, but local credit unions like Farmers National Bank or 1st National Community Bank can sometimes offer competitive rates for residents. As a rural village in Columbiana County, rates may be slightly influenced by local property appraisals and market liquidity, so it's wise to compare offers from both local and online lenders.

Are there any down payment assistance programs specifically for buyers in Washingtonville, OH?

While Washingtonville itself doesn't offer a village-specific program, homebuyers can access Ohio-wide programs like the Ohio Housing Finance Agency's (OHFA) "Your Choice! Down Payment Assistance," which provides 2.5% or 5% of the loan amount. Given Washingtonville's affordable home prices, these programs can significantly reduce the upfront cost for first-time and repeat buyers in the area.

How does Washingtonville's rural location and smaller housing market affect the mortgage appraisal process?

Appraisals in Washingtonville can be challenging due to fewer recent comparable home sales ("comps") in the immediate village. Lenders may need to expand the search area to nearby Salem or Columbiana, which can sometimes lead to valuation discrepancies. It's advisable to work with a local real estate agent who can provide relevant sales data to support the home's value.

What should I know about property taxes and insurance when getting a mortgage in Washingtonville?

Washingtonville property taxes in Columbiana County are relatively moderate, but it's crucial to confirm if the home is within the West Branch Local School District, as tax rates can vary. For insurance, due to the village's rural setting, lenders will require a standard homeowner's policy, and you may want to consider additional coverage for septic systems or wells, which are common.

Are there any special mortgage considerations for purchasing older or historic homes in Washingtonville?

Yes, many homes in Washingtonville have older construction dates. Lenders may require specific inspections (like a thorough roof, foundation, or electrical evaluation) for homes built before 1978 due to potential lead-based paint concerns. For a conventional loan, the property must meet minimum property standards, so budgeting for possible repairs during the mortgage contingency period is important.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Broker is Your Washingtonville Advantage

Searching for a "home loan broker near me" in Washingtonville, Ohio, is more than just a convenience—it’s a strategic move that can unlock significant advantages in our unique housing market. While online lenders are a click away, partnering with a broker who knows the backroads of Columbiana County and the specifics of Ohio homebuying programs can make the difference between a good deal and the perfect one for you.

Washingtonville presents a appealing mix of small-town charm and accessible rural living. The local market often features a range of properties, from historic homes in the village to more spacious lots on the outskirts. A local home loan broker understands these nuances. They can help you navigate the valuation process for older homes, where traditional appraisals might need extra consideration, or advise on the true costs and loan implications of properties with more land or needing updates. Their on-the-ground knowledge is invaluable.

On a practical level, starting your search locally means getting personalized service. A broker based in or familiar with Washingtonville will have established relationships with community banks, credit unions, and regional lenders who understand the local economy. These lenders often have more flexibility than big national banks and can offer competitive terms. Your broker acts as your advocate, shopping your financial profile across their network to find you the best possible rate and loan structure, whether it’s a conventional loan, FHA, VA, or a USDA loan, which can be particularly relevant for some of the more rural areas around the village.

Here’s your actionable advice: When you interview potential brokers, ask them specific Ohio and local questions. Inquire about their experience with the Ohio Housing Finance Agency (OHFA) programs. OHFA offers fantastic benefits for eligible buyers, including competitive interest rates, down payment assistance, and grants, which can be a game-changer for first-time homebuyers in Washingtonville. A great broker will not only know these programs inside and out but will also know how to efficiently pair them with the right property type. Also, ask them how they’ve helped clients with homes in the Washingtonville area recently. Their examples will tell you if they have the hands-on experience you need.

Finally, a local broker simplifies the process. They can recommend trusted local home inspectors, title companies, and real estate attorneys who are familiar with Columbiana County procedures, helping your purchase go smoothly from offer to closing.

In a close-knit community like Washingtonville, having a professional in your corner who understands both the numbers and the neighborhood is a powerful asset. Take the time to find a home loan broker who isn’t just near you on a map, but who is deeply invested in helping you plant roots right here.

Nearby Cities

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Why Choose a Mortgage Lender in Washingtonville?

Local Market Knowledge

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