The Best Mortgage Lenders in Bath, PA
Compare verified mortgage lenders serving Bath, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Bath
Featured Mortgage Lenders
Mark Stoudt
New American Funding
New American Funding's Allentown branch, led by experienced loan officer Mark Stoudt, serves the Bath area with exceptional customer satisfaction ratings. As a direct lender with in-house underwriting, they offer competitive rates and personalized service. Specializing in diverse loan programs including their exclusive "I CAN" mortgage, they have built a strong reputation in the Lehigh Valley region for efficient processing and closing timelines. Their local team understands the unique dynamics of the Northampton County housing market.
Loan Types:
Tompkins Community Bank Mortgage Division
Tompkins Community Bank
Tompkins Community Bank has established a strong mortgage lending presence throughout the Lehigh Valley, including Bath and surrounding Northampton County communities. With decades of local banking experience, they offer personalized mortgage solutions and competitive rates. Their mortgage team is known for exceptional customer service and deep understanding of local real estate markets. As a community-focused institution, they provide the stability of a established bank with the personal attention of a local lender.
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First Commonwealth Mortgage Services
First Commonwealth Bank
First Commonwealth Bank's mortgage division serves the Bath area with comprehensive lending solutions and strong regional presence. Their experienced loan officers provide tailored mortgage options with competitive rates and flexible terms. Known for their streamlined application process and reliable customer service, they have built trust among homebuyers throughout eastern Pennsylvania. Their local expertise combined with the resources of a regional banking institution makes them a top choice for Bath area residents seeking mortgage financing.
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Frequently Asked Questions
Common questions about mortgage lending in Bath, PA
What are the typical down payment requirements for a mortgage in Bath, PA, given the local market?
In Bath's competitive market, where median home prices are often more accessible than in the Lehigh Valley's core, many conventional loans require a 5% down payment. However, for the many qualified first-time buyers, Pennsylvania's PHFA programs can offer down payment assistance, and FHA loans with 3.5% down are also common, especially for starter homes in the borough.
Are there any specific first-time homebuyer programs or grants available for purchasing in Bath, PA?
Yes, Bath homebuyers have excellent access to Pennsylvania Housing Finance Agency (PHFA) programs like the Keystone Home Loan and the Keystone Government Loan. These often feature below-market interest rates and can be paired with the Keystone Advantage Assistance Loan for down payment and closing cost help, which is forgivable after a set period of occupancy.
How do property taxes in Bath and Northampton County impact my mortgage qualification and monthly payment?
Northampton County property taxes are a significant factor in Bath. Your lender will calculate your debt-to-income ratio including these taxes, which are typically escrowed into your monthly mortgage payment. It's crucial to get an accurate tax estimate, as Bath's millage rate combined with county and school district taxes can add several hundred dollars to your monthly obligation.
What type of home appraisal challenges are common in the Bath, PA, housing market?
Appraisals in Bath can sometimes be challenging due to the mix of older, historic homes in the borough and newer construction in surrounding developments. Appraisers must find good comparable sales ("comps"), which can be difficult for unique properties. This makes working with a local lender familiar with Northampton County's specific market nuances very important to avoid valuation delays.
Is homeowner's flood insurance commonly required by lenders for mortgages in Bath, PA?
While not as prevalent as in riverfront communities, flood insurance is a key consideration in specific areas of Bath, particularly for properties near the Monocacy Creek or in lower-lying sections. Your lender will require a flood zone determination; if the home is in a Special Flood Hazard Area (SFHA), flood insurance will be mandatory for the life of the loan, adding to your monthly costs.
Why Choose a Mortgage Lender in Bath?
Local Market Knowledge
Lenders who understand Bath'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 Bath and get competitive rates on your home loan.