The Best Mortgage Lenders in Catawissa, PA
Compare verified mortgage lenders serving Catawissa, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Catawissa
Featured Mortgage Lenders
New American Funding
New American Funding, LLC
New American Funding is a highly-rated mortgage lender known for its commitment to diversity and community-focused lending. With over 20 years of experience, they offer personalized service, competitive rates, and a wide range of loan products tailored to homebuyers in Catawissa and the surrounding Columbia County area. Their local presence in Bloomsburg ensures accessible support, and they are praised for their efficient processing and strong customer satisfaction records.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is renowned for its "Movement Promise," which emphasizes fast closings and exceptional customer service. With 15 years in the industry, they have built a strong reputation in central Pennsylvania, including Catawissa, for their community involvement and reliable lending solutions. Their local Danville office provides convenient access, and they are noted for competitive rates and a streamlined application process.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-tier digital mortgage lender combining high-tech tools with local expertise to serve borrowers in Catawissa and nearby regions. With over 23 years of experience, they offer competitive rates, a user-friendly online platform, and dedicated support from their Sunbury office. They are highly rated for their transparency, speed, and customer-centric approach, making them a preferred choice for home financing in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Catawissa, PA
What are the current mortgage rates like in Catawissa, PA, and are they different from the national average?
Mortgage rates in Catawissa generally align with national averages, but local lenders may offer competitive terms. As a rural area in Columbia County, rates can sometimes be slightly more favorable due to lower perceived risk and competition among regional banks and credit unions like First Columbia Bank & Trust. It's always best to get quotes from at least two local lenders.
Are there any first-time homebuyer programs specifically for residents of Catawissa or Columbia County?
Yes, Catawissa homebuyers can access the Pennsylvania Housing Finance Agency (PHFA) programs, which offer down payment and closing cost assistance, as well as competitive rate first mortgages. Additionally, the Columbia County Housing & Redevelopment Authority may have local grants or programs for income-eligible buyers purchasing within the county.
How does the appraisal process work for a home in Catawissa, given its mix of riverfront properties and more rural homes?
Appraisals in Catawissa require appraisers familiar with the local market dynamics, including the value of Susquehanna River frontage versus inland rural properties. They will use comparable sales ("comps") primarily from within Catawissa and nearby towns like Bloomsburg or Danville, which can sometimes be challenging for unique properties, potentially affecting loan approval.
What should I know about property taxes and insurance when calculating my mortgage payment in Catawissa?
Your total monthly payment will include Columbia County property taxes, which are relatively moderate. You must also include homeowners insurance, and if your down payment is less than 20%, private mortgage insurance (PMI). For properties in flood-prone areas near the Susquehanna River, lenders will require separate flood insurance, which can significantly impact your monthly costs.
Are USDA Rural Development loans a common option for mortgages in Catawissa, PA?
Absolutely. Catawissa is designated as a rural area by the USDA, making many buyers eligible for USDA loans, which offer 100% financing with no down payment. This is a highly relevant and popular option for the area, especially for first-time buyers or those with moderate incomes looking to purchase in the borough or surrounding township.
Why Choose a Mortgage Lender in Catawissa?
Local Market Knowledge
Lenders who understand Catawissa'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 Catawissa and get competitive rates on your home loan.