The Best Mortgage Lenders in Eighty Four, PA
Compare verified mortgage lenders serving Eighty Four, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Eighty Four
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in the Pittsburgh area, serving Eighty Four, PA. They are renowned for their competitive rates, extensive loan options, and high customer satisfaction. With an A+ BBB rating and numerous positive reviews, they offer a seamless digital mortgage experience combined with personalized service, making them a reliable choice for homebuyers in the region.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly regarded lender known for its community-focused approach and excellent customer service in the southwestern Pennsylvania area, including Eighty Four. They specialize in a wide range of loan products and have a reputation for fast closings and transparent processes. With an A+ BBB rating and strong local support, they prioritize customer satisfaction and offer competitive rates tailored to individual needs.
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Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a premier lender with a strong regional presence in the Pittsburgh metro area, serving clients in Eighty Four, PA. They are celebrated for their exceptional customer service, competitive rates, and comprehensive loan options. With an A+ BBB rating and numerous industry awards, they provide personalized guidance and efficient processing, ensuring a smooth mortgage experience for homebuyers and refinancers alike.
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Frequently Asked Questions
Common questions about mortgage lending in Eighty Four, PA
What are the typical down payment requirements for homes in Eighty Four, PA, given its mix of rural and suburban properties?
While standard loans often require 3-5% down, many homes in the Eighty Four area are priced accessibly, making a 20% down payment more attainable to avoid Private Mortgage Insurance (PMI). For the more rural or land-heavy properties common in Washington County, lenders may require a slightly higher down payment, often 10-15%, due to appraisal complexities. It's best to consult with a local lender familiar with the area's property types.
Are there any first-time homebuyer programs specifically beneficial for purchasing in Eighty Four, PA?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers the Keystone Home Loan program and down payment/closing cost assistance, which are accessible to eligible buyers in Eighty Four. Additionally, Washington County may have local grant programs for first-time buyers. These programs can be particularly helpful given the area's competitive entry-level market, providing an edge against cash or conventional offers.
How do property taxes in Washington County impact my mortgage payments in Eighty Four?
Washington County has relatively moderate property tax rates compared to the Pennsylvania state average. For a typical home in Eighty Four, annual property taxes often range from 1.5% to 2.0% of the home's assessed value. Your lender will roll this into your monthly escrow payment, so it's a significant factor in calculating your total monthly mortgage obligation alongside principal and interest.
Does Eighty Four's location in a U.S. Census-designated place (CDP) affect the mortgage process or available loan types?
Yes, because Eighty Four is not an incorporated city, lenders use its 15330 ZIP code and Washington County for underwriting. The area generally qualifies for conventional, FHA, VA, and USDA loans. Its rural-character may make some properties eligible for USDA Rural Development loans, which offer 100% financing—a key advantage for qualified buyers looking in the surrounding areas.
What local factors in Eighty Four should I consider when getting pre-approved for a mortgage?
Consider the local economy's ties to energy and manufacturing, which can affect income verification for lenders. Also, due to the popularity of newer subdivisions and older, rural homes, appraisal timelines can vary, so getting a full pre-approval early is crucial. Finally, working with a lender familiar with Southwestern Pennsylvania's market ensures they understand value trends in specific neighborhoods like nearby South Strabane or North Strabane townships.
Nearby Cities
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Why Choose a Mortgage Lender in Eighty Four?
Local Market Knowledge
Lenders who understand Eighty Four'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 Eighty Four and get competitive rates on your home loan.