The Best Mortgage Lenders in East Texas, PA
Compare verified mortgage lenders serving East Texas, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in East Texas
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in the Lehigh Valley, serving East Texas, PA. Known for its competitive rates and digital mortgage process, the company has earned high customer satisfaction ratings for its efficient service and wide range of loan options. With over two decades of experience, they are praised for their responsive loan officers and streamlined application process, making them a preferred choice for homebuyers in the region.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a highly reputable lender with a dedicated branch in Bethlehem, PA, actively serving the East Texas area. They are celebrated for their exceptional customer service, personalized loan solutions, and competitive rates. With nearly three decades in business, they have built a strong track record of reliability and community involvement, supported by numerous positive reviews highlighting their expertise in various loan types and commitment to client success.
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New American Funding
New American Funding, LLC
New American Funding is a well-established mortgage lender with a local office in Allentown, providing comprehensive services to East Texas, PA residents. They are recognized for their diverse loan offerings, including programs for first-time homebuyers and underserved communities, and have a reputation for excellent customer support and competitive pricing. Founded in 2003, they combine innovation with traditional lending values, earning high marks for transparency and efficiency in the home financing process.
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Frequently Asked Questions
Common questions about mortgage lending in East Texas, PA
Are mortgage rates in East Texas, PA, typically higher or lower than the national average?
Mortgage rates in East Texas, PA, generally align with national averages, as they are driven by broader economic factors. However, local credit unions and community banks in the Lehigh Valley region can sometimes offer competitive, personalized rates. It's advisable to compare offers from both local institutions and national lenders to secure the best possible rate for your situation.
What local down payment assistance programs are available for first-time homebuyers in East Texas, PA?
First-time homebuyers in East Texas can explore programs through the Pennsylvania Housing Finance Agency (PHFA), such as the Keystone Home Loan program and the HFA Preferred Risk Sharing program. Additionally, the Lehigh County Homeownership Choice Program offers down payment and closing cost assistance to eligible buyers purchasing within the county, which includes East Texas.
How does the property tax structure in East Texas, PA, affect my monthly mortgage payment?
Property taxes in East Texas, PA, are determined by Lehigh County and the Parkland School District millage rates. These taxes are typically escrowed as part of your monthly mortgage payment. It's important to factor in these rates, as Lehigh County's overall property tax burden is moderately high compared to national averages, which can significantly impact your total monthly housing cost.
Are USDA Rural Development loans a viable option for homes in East Texas, PA?
Yes, parts of East Texas, PA, are eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This can be an excellent option for eligible borrowers, as the area retains a rural designation despite its proximity to Allentown. You should check the USDA eligibility map for the specific property address to confirm qualification.
What should I know about home insurance requirements for a mortgage in East Texas, given its location?
Lenders will require standard hazard insurance, but in East Texas's semi-rural setting, you may want to consider additional coverage. Depending on the specific property location, coverage for septic system failure or well water issues might be prudent. Furthermore, while not in a high-risk flood zone, reviewing flood maps for nearby creeks or the Little Lehigh Creek is recommended, as optional flood insurance could be a wise safeguard.
Nearby Cities
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Why Choose a Mortgage Lender in East Texas?
Local Market Knowledge
Lenders who understand East Texas'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 East Texas and get competitive rates on your home loan.