The Best Mortgage Lenders in Easton, PA
Compare verified mortgage lenders serving Easton, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Easton
Featured Mortgage Lenders
First Commonwealth Federal Credit Union Mortgage Department
First Commonwealth Federal Credit Union
First Commonwealth Federal Credit Union stands out as one of the most established and highly-rated local mortgage lenders serving Easton directly. With over 85 years of community banking experience, they offer personalized service and competitive rates specifically tailored to Lehigh Valley residents. Their mortgage team provides comprehensive guidance through the entire home buying process, with special programs for first-time homebuyers and various government-backed loan options. The credit union's strong local presence and member-focused approach result in exceptional customer satisfaction ratings.
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Tom Zajac
Movement Mortgage
Tom Zajac with Movement Mortgage has built an outstanding reputation as one of the top-rated mortgage professionals serving the Easton area. With hundreds of successful closings throughout the Lehigh Valley, he specializes in providing exceptional customer service and competitive mortgage solutions. His extensive experience with various loan types and deep understanding of local market conditions makes him a preferred choice for Easton homebuyers. The numerous five-star reviews highlight his responsiveness, expertise, and ability to guide clients smoothly through the mortgage process.
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Citadel Mortgage Department
Citadel Credit Union
Citadel Credit Union has been serving Pennsylvania communities for over eight decades and maintains a strong presence throughout the Lehigh Valley, including Easton. As one of the largest credit unions in the region, they offer competitive mortgage rates and a wide range of loan products with the personalized service characteristic of member-owned institutions. Their mortgage team provides comprehensive guidance from application to closing, with special expertise in first-time homebuyer programs and various refinancing options. The credit union's long-standing community commitment and financial stability make them a trusted choice for Easton homebuyers.
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Frequently Asked Questions
Common questions about mortgage lending in Easton, PA
What first-time homebuyer programs are specifically available in Easton, PA?
Easton homebuyers have access to Pennsylvania's statewide PHFA (Pennsylvania Housing Finance Agency) programs, which offer down payment and closing cost assistance, as well as competitive fixed-rate mortgages. Additionally, the City of Easton itself occasionally administers or partners on local grant programs for homebuyers in targeted neighborhoods, so it's wise to check with the Easton Department of Community and Economic Development for any active initiatives.
How does Easton's property tax structure affect my mortgage payments and affordability?
Easton is located in Northampton County, and property taxes are a significant component of your monthly payment. The combined city, county, and school district millage rates result in effective tax rates that are typically higher than the national average. Your lender will calculate these into your escrow account, so when determining your budget, factor in that taxes can add several hundred dollars to your monthly mortgage payment compared to locations with lower rates.
Are there special mortgage considerations for buying a historic home in Easton's downtown or College Hill districts?
Yes, purchasing a historic home in Easton may involve additional steps. Some properties in local historic districts might have renovation restrictions, and lenders may require specific inspections. While there are no city-specific historic home loans, you should explore FHA 203(k) renovation loans or Fannie Mae HomeStyle® loans to finance both purchase and needed updates, ensuring the work meets local historic guidelines.
What is the typical down payment needed for a mortgage in Easton's current market?
While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in Easton utilize conventional loans with 3-5% down or FHA loans with 3.5% down, especially given the competitive entry-level market. For a median-priced Easton home in the $250,000-$300,000 range, expect to need approximately $8,750-$15,000 for a minimum down payment, plus closing costs.
How do flood zones in Easton, particularly near the Delaware or Lehigh Rivers, impact the mortgage process?
This is a critical local consideration. Lenders will require a flood zone determination for properties in Easton. If the home is in a Special Flood Hazard Area (SFHA), you will be mandated to purchase flood insurance, which can be a substantial ongoing cost added to your monthly payment. This requirement can also affect the home's appraised value and marketability, so it's essential to factor this into your offer and long-term budgeting.
Why Choose a Mortgage Lender in Easton?
Local Market Knowledge
Lenders who understand Easton'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 Easton and get competitive rates on your home loan.