The Best Mortgage Lenders in Benton, PA
Compare verified mortgage lenders serving Benton, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Benton
Featured Mortgage Lenders
New American Funding
New American Funding
New American Funding is a top-rated mortgage lender known for its exceptional customer service and competitive rates, serving Benton and throughout Pennsylvania. With over two decades of experience, they specialize in a wide range of loan products, including government-backed and jumbo loans, and have a strong reputation for helping diverse borrowers, including first-time homebuyers. Their high ratings stem from personalized service, efficient processing, and a commitment to community outreach, making them a reliable choice for residents in the area.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a highly respected national mortgage lender with a strong presence in Pennsylvania, offering tailored solutions for borrowers in Benton. Founded in 2000, they are praised for their innovative digital platform, competitive interest rates, and extensive loan options. Their high customer satisfaction ratings reflect a focus on transparency, speed, and expert guidance, with many reviews highlighting smooth closings and responsive support. As a leader in the industry, they provide reliable service for home purchases and refinances in the region.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable lender known for its community-focused approach and efficient service, extending to Benton and surrounding areas. With 16 years of experience, they excel in offering a variety of loan programs, particularly benefiting rural and veteran homebuyers. Their high ratings are driven by a dedication to customer care, including fast approvals and local support, with many clients praising their professionalism and hassle-free experiences. Movement Mortgage's commitment to giving back to communities further solidifies their standing as a trusted lender in Pennsylvania.
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Frequently Asked Questions
Common questions about mortgage lending in Benton, PA
Are there any special mortgage programs for first-time homebuyers in Benton, PA?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers several programs, including the Keystone Home Loan and the Keystone Government Loan, which are available to eligible buyers in Benton. These programs often feature competitive, below-market interest rates and can be combined with down payment and closing cost assistance grants, making homeownership more accessible in Columbia County.
How do property taxes in Benton, PA, affect my mortgage payment and qualification?
Columbia County and Benton Borough have property tax rates that are a key component of your total monthly payment. Lenders will calculate your debt-to-income ratio using these estimated tax escrow payments. It's important to get an accurate tax estimate early, as Benton's rural setting can mean varying tax assessments that impact your overall housing budget and loan approval amount.
What are typical mortgage rates and lender options for a home in Benton?
While rates are influenced by national trends, borrowers in Benton often work with local credit unions, community banks, and regional lenders familiar with the area's rural property valuations. Rates can be very competitive, and local lenders may offer more flexibility for properties with acreage or unique characteristics common in the Benton area compared to large national banks.
Are there specific appraisal considerations for homes in Benton I should know about?
Yes, due to Benton's rural location and the prevalence of properties with wells, septic systems, and varying amounts of acreage, appraisals can be more complex. Lenders will require thorough inspections of these systems, and comparables ("comps") may need to be drawn from a wider geographic area, which can sometimes affect the appraisal value and timeline.
Does Benton, PA, qualify for USDA Rural Development home loans?
Absolutely. Benton and much of Columbia County are eligible for USDA Section 502 Guaranteed Loans. This is a significant advantage for buyers, as it allows for 100% financing (no down payment) for eligible borrowers and properties. This program is particularly popular in the area due to its rural designation, making it a top consideration for many local homebuyers.
Why Choose a Mortgage Lender in Benton?
Local Market Knowledge
Lenders who understand Benton'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 Benton and get competitive rates on your home loan.