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Drifton, PA

The Best Mortgage Lenders in Drifton, PA

Compare verified mortgage lenders serving Drifton, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.6
Avg Rating
580+
Reviews
8
Loan Types

Available Loan Programs in Drifton

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer
ARM

Featured Mortgage Lenders

1

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.7/5

Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Pennsylvania, known for its competitive rates and digital-friendly application process. With over two decades of experience, they excel in customer service, offering a wide range of loan options and personalized support. Their high ratings stem from efficient processing, transparency, and a commitment to helping borrowers in Drifton and surrounding areas achieve homeownership with ease.

Experience:24 years
Reviews:250 customer reviews
1635 W Liberty St, Allentown, PA 18102

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage is a highly regarded lender with a focus on community engagement and fast, reliable service. Founded in 2008, they have built a reputation for streamlined loan approvals and exceptional customer care, particularly for first-time homebuyers in Pennsylvania. Their local loan officers provide personalized guidance, making them a trusted choice for Drifton residents seeking flexible mortgage solutions and competitive rates.

Experience:16 years
Reviews:180 customer reviews
100 W Station Square Dr, Pittsburgh, PA 15219

Loan Types:

ConventionalFHAVAUSDAJumboFirst-Time Homebuyer
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3

New American Funding

New American Funding

★★★★☆
4.5/5

New American Funding is a reputable mortgage lender with over two decades of experience, offering a diverse portfolio of loan products and a strong emphasis on customer satisfaction. They are known for their inclusive lending practices, competitive rates, and efficient processing, serving borrowers in Drifton and across Pennsylvania. Their high customer ratings reflect their dedication to making home financing accessible and straightforward.

Experience:21 years
Reviews:150 customer reviews
1700 Ben Franklin Pkwy, Philadelphia, PA 19103

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceARM
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Frequently Asked Questions

Common questions about mortgage lending in Drifton, PA

What are the typical down payment requirements for homes in Drifton, given its more rural and affordable market?

In Drifton's affordable market, many conventional loans are available with down payments as low as 3-5%. For the area's median home price, this can mean a much lower upfront cash requirement compared to larger cities. Local lenders are also familiar with USDA Rural Development loans, which offer 0% down payment options for eligible properties and borrowers in this designated rural area.

Are there any local or county-specific first-time homebuyer assistance programs available in Luzerne County for Drifton buyers?

Yes, the Luzerne County Homeowner Assistance Program (HAP) offers deferred, no-interest loans to assist with down payment and closing costs for eligible first-time homebuyers. This program is particularly valuable in Drifton, as it can be combined with the affordable home prices to significantly reduce the barrier to entry. Income limits and property guidelines apply, so consulting a local lender familiar with the program is essential.

How does the property type common in Drifton, like older single-family homes or potential modular homes, affect mortgage options?

Drifton has many older, well-built homes, and most lenders are comfortable financing them, though an appraisal confirming sound condition is key. For modular homes placed on a permanent foundation, financing is typically straightforward with conventional or FHA loans. It's crucial to work with a local appraiser and lender who understand the local construction styles and market values to ensure a smooth process.

What should I know about property taxes and homeowners insurance when calculating my monthly mortgage payment in Drifton?

Luzerne County property taxes are a significant component of your monthly escrow payment. While rates vary, they are generally moderate for Pennsylvania. Homeowners insurance in Drifton is often very affordable due to lower rebuild costs and lower risk profiles compared to urban areas, but it's wise to shop around with local and regional insurers for the best rates.

Are mortgage rates in Drifton, PA, different from the national average, and which local lenders are most active here?

Mortgage rates are primarily set by national markets, so Drifton rates align with national averages. However, your specific rate will depend on your credit profile and loan product. For local service, community banks and credit unions like First Federal Savings & Loan or local credit unions are very active and knowledgeable about the Drifton market, often providing personalized guidance that national lenders may not.

Mortgage Insights

Finding Your Mortgage Match: Why a Local Agent in Drifton, PA is Key

Searching for "mortgage agents near me" in Drifton, Pennsylvania, is more than just a convenience—it's a strategic move for your homebuying success. While online lenders are everywhere, a local mortgage agent brings a nuanced understanding of our unique market that can make all the difference in securing your dream home in the Hazleton area.

Drifton and the surrounding Greater Hazleton region present a specific set of opportunities and challenges. The housing market here often features a mix of historic properties, more affordable single-family homes, and rural lots. A local agent doesn't just process numbers; they understand the appraisals for a century-old home in the valley, the well and septic considerations for properties outside town, and the true market value of a house given local economic factors like proximity to major employers and the I-81 corridor. Their deep community ties mean they can often recommend trusted local inspectors, title companies, and real estate attorneys, creating a seamless and reliable homebuying team.

From a practical standpoint, starting your search locally is wise. Look for agents with strong reputations in Luzerne County. Read local reviews, ask for recommendations from friends or your realtor, and don't hesitate to interview a few candidates. Your key question should be: "What is your experience with loans in the Drifton/ Hazleton area?" You want someone who can confidently navigate the specifics of our market.

Pennsylvania also offers several regional programs that a knowledgeable local agent will help you access. The Pennsylvania Housing Finance Agency (PHFA) provides first-time homebuyer programs with competitive interest rates and down payment and closing cost assistance. There are also specific mortgage products for homes in designated "targeted areas," which include parts of Luzerne County. A mortgage agent based in Pennsylvania will be well-versed in these programs and can determine your eligibility, potentially saving you thousands of dollars—a distinct advantage over a national lender unfamiliar with state-specific offerings.

Your actionable advice is this: Prioritize local expertise over a slightly lower online rate that may come with hidden hurdles. When you meet with a potential mortgage agent, ask them about recent transactions in the 18221 zip code or nearby. Discuss your budget in the context of Drifton's property taxes and homeowners insurance trends. A great local agent will act as your guide, not just your lender, helping you understand the full financial picture of homeownership in our community.

By choosing a mortgage agent rooted in Drifton and Pennsylvania, you're not just getting a loan; you're gaining a partner who understands the lay of the land, literally and figuratively. This local insight is invaluable for making a confident, successful purchase in our corner of the Keystone State.

Nearby Cities

Explore mortgage lenders in cities near Drifton, PA

Why Choose a Mortgage Lender in Drifton?

Local Market Knowledge

Lenders who understand Drifton'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 Drifton and get competitive rates on your home loan.