The Best Mortgage Lenders in Archbald, PA
Compare verified mortgage lenders serving Archbald, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Archbald
Featured Mortgage Lenders
Michael P. Kelly
FNCB Bank Mortgage Department
FNCB Bank has been serving Northeastern Pennsylvania for over a century with deep roots in Lackawanna County. Their mortgage department receives exceptional ratings for personalized service and local underwriting decisions. As a community bank with multiple branches near Archbald, they offer competitive rates and understand the local real estate market intimately. Customers consistently praise their responsive loan officers and streamlined application process.
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Joseph G. Langan
Allied Mortgage
Allied Mortgage has been a premier mortgage broker in the Scranton area since 1995, serving Archbald and throughout Lackawanna County. They maintain exceptional 4.9-star ratings across multiple review platforms for their expertise in navigating complex loan scenarios and securing competitive rates from multiple lenders. Their team of experienced loan officers provides personalized guidance through the entire mortgage process, with particular strength in first-time homebuyer programs and government-backed loans.
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Brian J. O'Neill
CrossCountry Mortgage
CrossCountry Mortgage combines national lending power with local expertise through their Moosic office just minutes from Archbald. Brian O'Neill's team receives outstanding reviews for their responsive communication and ability to close loans quickly. They offer a comprehensive range of mortgage products with competitive pricing and have particular strength in digital mortgage applications while maintaining personalized service. Their hybrid approach provides Archbald residents with both sophisticated technology and local decision-making.
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Frequently Asked Questions
Common questions about mortgage lending in Archbald, PA
Are there any local first-time homebuyer assistance programs specific to Archbald or Lackawanna County?
Yes, the Lackawanna County Homebuyer Assistance Program offers eligible first-time buyers in Archbald up to $10,000 in down payment and closing cost assistance. This is a deferred, forgivable loan that does not require monthly payments, making homeownership more accessible in the borough's competitive starter home market.
How do property taxes in Archbald impact my mortgage payments and affordability?
Archbald Borough and the Valley View School District have historically maintained relatively stable and moderate property tax rates compared to other parts of Northeast Pennsylvania. When calculating your total monthly mortgage payment (PITI), lenders will factor in these local taxes, which are a key component of housing affordability in the area.
What types of properties are most common for mortgages in Archbald, and does this affect loan options?
Archbald features a mix of single-family homes, duplexes, and some older, historic properties. Conventional, FHA, and VA loans are all commonly used. For older homes, an FHA 203(k) renovation loan can be a valuable option to finance both purchase and repairs, which is a practical consideration given the age of some housing stock.
How does the appraisal process work in Archbald's unique real estate market?
Appraisals in Archbald must carefully consider the borough's varied neighborhoods, from more rural settings to densely populated areas near the borough center. Appraisers will use comparable sales ("comps") primarily from within Archbald and nearby boroughs like Eynon or Jessup to determine value, as prices can differ significantly from the larger Scranton market.
Are USDA rural development loans available for homes in Archbald, PA?
Yes, despite its proximity to Scranton, much of Archbald is eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This is a significant advantage for eligible buyers looking at properties in the more outlying parts of the borough, making homeownership possible with lower upfront costs.
Why Choose a Mortgage Lender in Archbald?
Local Market Knowledge
Lenders who understand Archbald'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 Archbald and get competitive rates on your home loan.