The Best Mortgage Lenders in Windsor, OH
Compare verified mortgage lenders serving Windsor, Ohio. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Windsor
Featured Mortgage Lenders
First Federal Lakewood
First Federal Lakewood
First Federal Lakewood is a highly-rated community bank serving Northeast Ohio with exceptional mortgage services. While headquartered in Cleveland, they actively serve Windsor and surrounding Medina County with personalized mortgage solutions. They're particularly noted for their competitive rates on conventional and government-backed loans, with mortgage specialists who provide one-on-one guidance throughout the entire process. Their long-standing reputation (85+ years in business) and local decision-making authority make them a top choice for Windsor area homebuyers seeking reliable, community-focused lending.
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Third Federal Savings & Loan
Third Federal Savings and Loan Association
Third Federal Savings & Loan is a Cleveland-based institution with an excellent reputation across Northeast Ohio, including service to Windsor residents. They're particularly renowned for offering some of the most competitive mortgage rates in the region and maintaining low closing costs. With over 80 years of experience, they provide exceptional customer service and straightforward mortgage processes. Their strong financial stability and commitment to transparent lending practices have earned them thousands of positive reviews from satisfied homeowners throughout Ohio.
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GenFed Mortgage
GenFed Mortgage Company
GenFed Mortgage, based in Fairlawn (Akron area), is a highly specialized mortgage lender serving clients throughout Northeast Ohio including Windsor. They've built an exceptional reputation for expertise in government-backed loans (FHA, VA, USDA) and first-time homebuyer programs. With nearly perfect ratings across multiple review platforms, they're praised for their responsive communication, thorough guidance, and ability to handle complex mortgage scenarios. Their team of experienced loan officers provides personalized service and competitive rates, making them a top choice for Windsor area residents seeking mortgage financing.
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Frequently Asked Questions
Common questions about mortgage lending in Windsor, OH
What are the current typical mortgage rates for homebuyers in Windsor, OH, and how do they compare to state averages?
Mortgage rates in Windsor, OH, are generally aligned with national and state averages, but local lenders may offer competitive terms. As a rural community in Ashtabula County, rates can sometimes be slightly more favorable than in larger Ohio metro areas due to lower perceived risk and competition among regional banks and credit unions. It's best to get quotes from local institutions like Andover Bank or Premier Bank, as well as national lenders, for the most accurate comparison.
Are there any down payment assistance or first-time homebuyer programs specifically available for Windsor, OH, residents?
Yes, Windsor homebuyers can access several Ohio-wide programs, with the **Ohio Housing Finance Agency (OHFA)** being the primary resource. Programs like OHFA's First-Time Homebuyer program offer competitive interest rates and down payment assistance, which is particularly helpful in Windsor's market. Additionally, Ashtabula County may have local grants or programs, so checking with the Ashtabula County Land Bank or local housing counselors is recommended.
How does Windsor's rural location and property types affect the mortgage appraisal process?
Windsor's rural setting means appraisals often involve comparing properties with larger lots and potentially unique features (like outbuildings or well/septic systems) that are less common in suburban areas. This can sometimes lead to longer appraisal times or the need for appraisers familiar with the local Ashtabula County market. Lenders will closely scrutinize the condition of older homes, which are prevalent in the area, potentially affecting loan approval terms.
What should I know about property taxes and insurance when calculating my mortgage payment in Windsor?
Ashtabula County, which includes Windsor, has relatively moderate property tax rates compared to urban Ohio counties, which can make monthly payments more affordable. However, homeowners insurance can be a significant factor; due to the rural nature, some lenders may require additional coverage for properties with wells, septic systems, or if the home is far from a fire hydrant/station. Always get a detailed homeowners insurance quote early in the process.
Are USDA Rural Development loans a common and viable option for mortgages in Windsor, OH?
Absolutely. Given Windsor's designation as a rural area, many properties qualify for **USDA loans**, which offer 100% financing (no down payment). This is one of the most advantageous programs for eligible buyers in the area, making homeownership more accessible. You should confirm the specific property's eligibility through the USDA's online map and work with a lender experienced in processing these loans for Ashtabula County.
Nearby Cities
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Why Choose a Mortgage Lender in Windsor?
Local Market Knowledge
Lenders who understand Windsor'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 Windsor and get competitive rates on your home loan.