The Best Mortgage Lenders in Brooklyn, PA
Compare verified mortgage lenders serving Brooklyn, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Brooklyn
Featured Mortgage Lenders
First Source Federal Credit Union
First Source Federal Credit Union
First Source Federal Credit Union stands out as one of Northeast Pennsylvania's most trusted mortgage lenders with over 85 years of community banking experience. While headquartered in Scranton, they actively serve the Brooklyn, PA area and surrounding Susquehanna County with personalized mortgage solutions. They consistently receive exceptional ratings for their local expertise, competitive rates, and outstanding customer service. Their mortgage team provides comprehensive guidance through the entire homebuying process, offering specialized programs for first-time homebuyers and various government-backed loan options. As a member-owned financial institution, they prioritize member satisfaction over profits, resulting in highly competitive rates and flexible terms.
Loan Types:
FNCB Bank
FNCB Bank
FNCB Bank has been serving Northeast Pennsylvania communities for over a century, making them one of the region's most established and reliable mortgage lenders. With multiple branches throughout the area, they provide comprehensive mortgage services to Brooklyn, PA residents and the broader Susquehanna County region. Their experienced mortgage specialists offer personalized service and local market knowledge that national lenders can't match. Customers consistently praise their straightforward application process, transparent communication, and competitive rate offerings. The bank's deep community roots and long-standing reputation for reliability make them a top choice for homebuyers seeking traditional banking values combined with modern mortgage solutions.
Loan Types:
Newrez LLC
Newrez LLC
Newrez (formerly New Rez) has established itself as a leading mortgage lender serving Pennsylvania with a strong digital presence and local expertise. While operating nationally, they maintain significant operations in Pennsylvania and understand the unique aspects of the Brooklyn, PA real estate market. They offer a comprehensive range of mortgage products with particularly strong refinancing options and competitive rates for various credit profiles. Their hybrid approach combines online convenience with access to local mortgage professionals who understand Pennsylvania's specific lending requirements. With thousands of positive reviews nationwide and robust technology platforms, they provide efficient processing while maintaining personalized service for Brooklyn area homebuyers.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Brooklyn, PA
What are the typical down payment requirements for homes in Brooklyn, PA, given its more rural setting?
While 20% down is standard to avoid PMI, Brooklyn's lower median home prices often allow for more flexible options. Many local lenders offer conventional loans with as little as 3-5% down, and USDA loans are a popular choice in this area, offering 0% down for eligible buyers in designated rural zones, which includes parts of Susquehanna County.
Are there any first-time homebuyer assistance programs specific to Susquehanna County or Pennsylvania that I can use in Brooklyn?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers the Keystone Home Loan program and down payment/closing cost assistance grants, which are available statewide, including in Brooklyn. Additionally, it's worth checking with local community banks or credit unions for any hyper-local first-time buyer programs or grants aimed at stimulating homeownership in the county.
How do property taxes in Brooklyn, PA, impact my mortgage qualification and monthly payment?
Property taxes in Susquehanna County are generally moderate compared to urban areas in PA, but they are a key factor in your debt-to-income ratio. Your lender will use the specific millage rate for Brooklyn Township when calculating your escrow payment. It's wise to get a precise tax estimate early in the process, as it significantly affects your total monthly mortgage obligation.
Is it difficult to get a mortgage for a manufactured or modular home in Brooklyn?
Financing for manufactured homes can be more challenging but is certainly available. You'll need to work with a lender familiar with rural properties; local banks and credit unions are often the best bet. The home must be permanently affixed to a foundation and meet HUD standards to qualify for most conventional, FHA, or USDA loans, which are common here.
What should I know about well and septic inspections when getting a mortgage for a Brooklyn home?
Most lenders will require a satisfactory water potability test and a septic system inspection for homes not connected to public utilities, which is common in Brooklyn. These inspections are a mandatory condition for loan approval on FHA, VA, and USDA loans. Budget for these specialized inspections, as any issues found must be repaired before closing.
Why Choose a Mortgage Lender in Brooklyn?
Local Market Knowledge
Lenders who understand Brooklyn'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 Brooklyn and get competitive rates on your home loan.