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Alexandria, PA

The Best Mortgage Lenders in Alexandria, PA

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

3
Top Lenders
4.6
Avg Rating
1050+
Reviews
8
Loan Types

Available Loan Programs in Alexandria

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM
Renovation Loans

Featured Mortgage Lenders

1

New American Funding

New American Funding

★★★★☆
4.5/5

New American Funding is a highly-rated mortgage lender known for its competitive rates, exceptional customer service, and diverse loan options. With over two decades of experience, they have built a strong reputation in Pennsylvania for reliability and community engagement. They offer personalized service and have a local office in Harrisburg, making them accessible to Alexandria residents seeking flexible mortgage solutions.

Experience:21 years
Reviews:350 customer reviews
2201 Kohn Rd, Harrisburg, PA 17110

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.6/5

Guaranteed Rate is a top-tier mortgage lender recognized for its innovative technology, fast loan processing, and high customer satisfaction. With nearly 25 years in business, they provide a wide range of mortgage products and have a strong regional presence in Pennsylvania. Their Philadelphia office serves the Alexandria area, offering competitive rates and expert guidance for homebuyers.

Experience:24 years
Reviews:400 customer reviews
1700 Market St, Philadelphia, PA 19103

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is a respected lender known for its charitable initiatives and outstanding customer service. With 16 years of experience, they offer a comprehensive suite of mortgage options and have a solid regional footprint in central Pennsylvania. Their Mechanicsburg office conveniently serves Alexandria clients, providing competitive rates, personalized support, and a commitment to community involvement.

Experience:16 years
Reviews:300 customer reviews
5100 Ritter Rd, Mechanicsburg, PA 17055

Loan Types:

ConventionalFHAVAUSDAJumboRenovation Loans
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Frequently Asked Questions

Common questions about mortgage lending in Alexandria, PA

What are the typical down payment requirements for homes in Alexandria, PA, given its rural market?

In Alexandria's more affordable market, many conventional loans require a 5% down payment, but some local lenders may offer portfolio loans with as little as 3% down for well-qualified buyers. For homes in Huntingdon County that qualify for USDA Rural Development loans, eligible buyers can purchase with 0% down, which is a significant advantage in this area. It's important to get pre-qualified with a lender familiar with the local property types.

Are there any first-time homebuyer assistance programs specific to Huntingdon County or Alexandria?

Yes, the Pennsylvania Housing Finance Agency (PHFA) offers its Keystone Home Loan programs and down payment/closing cost assistance to eligible first-time buyers in Alexandria. Additionally, the Huntingdon County Housing and Redevelopment Authority may have local grants or programs; contacting them directly is recommended as these funds can be limited and specific to the county.

How does the appraisal process work for a unique or older property in historic Alexandria?

Appraising older or unique homes in Alexandria requires an appraiser with specific experience in rural and historic Pennsylvania properties. Lenders will order an appraisal that considers the home's condition, comparable sales in Huntingdon County, and any outbuildings or land value. Be prepared for the appraisal to be conservative if recent comparable sales in the immediate area are scarce.

What should I know about property taxes and insurance when calculating my mortgage payment in Alexandria?

Huntingdon County property taxes are generally moderate compared to urban Pennsylvania. Your lender will estimate these taxes for escrow, but you can verify rates with the county assessment office. For insurance, due to the rural setting, you may need to budget for a separate flood insurance policy if the property is near the Juniata River or a creek, and consider well and septic system coverage.

Are mortgage rates different in a small town like Alexandria compared to larger cities in PA?

Mortgage rates are primarily set by national markets and your personal credit, not your zip code. However, working with a local community bank or credit union in Huntingdon County can sometimes provide more competitive rates or flexible underwriting on portfolio loans for properties they are familiar with, which can be beneficial for unique local situations.

Mortgage Insights

Finding Your Alexandria, PA Mortgage Loan Officer: Your Key to Small-Town Homeownership

Searching for a "mortgage loan officer near me" in Alexandria, Pennsylvania, is about more than just convenience. It's about partnering with a professional who understands the unique rhythm of our local housing market and can guide you through the financial pathways to owning a piece of Huntingdon County. In a tight-knit community like ours, the right local expert doesn't just process paperwork; they become a trusted advisor, helping you navigate the specifics of buying a home here.

The Alexandria, PA, housing market presents a distinct opportunity. You'll often find more spacious properties, larger lots, and a quieter pace of life compared to larger Pennsylvania cities. However, this can also mean dealing with unique property types, such as homes with wells and septic systems, or older farmhouses with character that may need special appraisal consideration. A mortgage loan officer based in our region is already familiar with these nuances. They know which appraisers understand rural property values and can accurately assess the charming, sometimes unconventional, homes that come on the market here.

When looking for your local loan officer, don't just search by proximity. Look for someone with deep Pennsylvania expertise. Ask potential officers about their experience with PA Housing Finance Agency (PHFA) programs. These are invaluable for first-time homebuyers in Alexandria and can offer competitive interest rates, down payment and closing cost assistance, and special programs for veterans, teachers, and healthcare workers. A knowledgeable local officer will be your best advocate in accessing these resources.

Here is your actionable plan:

1. Start Local for Recommendations: Ask your real estate agent, who knows the Alexandria market, for referrals. Community banks and credit unions in Huntingdon Borough or Mount Union often have officers who live and work in the area and have a vested interest in helping neighbors.

2. Interview Your Candidates: Ask specific questions: "How many loans have you closed in Huntingdon County?" "Can you walk me through the PHFA's Keystone Government Loan or HOMEstead programs?" Their answers will reveal their local savvy.

3. Discuss the 'Rural' Factors: Be upfront about the property you want. If it's on well water, has an older roof, or includes acreage, ensure your loan officer understands how these affect the loan process, from inspections to insurance.

Ultimately, your mortgage journey in Alexandria is about securing more than a loan; it's about financing your life in a community where people know each other. The right local mortgage loan officer will help you understand not just your monthly payment, but how your home's unique characteristics and Pennsylvania's homebuyer programs fit into your long-term financial picture. Take the time to find a partner who sees you as a future neighbor, not just a client, and you'll unlock the door to your new home with confidence.

Nearby Cities

Explore mortgage lenders in cities near Alexandria, PA

Why Choose a Mortgage Lender in Alexandria?

Local Market Knowledge

Lenders who understand Alexandria'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 Pennsylvania.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Alexandria and get competitive rates on your home loan.