The Best Mortgage Lenders in Fleetville, PA
Compare verified mortgage lenders serving Fleetville, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Fleetville
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a top-rated lender known for its exceptional customer service and competitive rates in Northeastern Pennsylvania. With a strong local presence near Fleetville, they specialize in quick loan processing and personalized guidance, making them a preferred choice for homebuyers seeking reliability and efficiency. Their high ratings reflect consistent customer satisfaction and a commitment to community-focused lending.
Loan Types:
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate stands out for its technology-driven mortgage solutions and transparent processes, serving the Fleetville area through experienced local loan officers. They offer a wide range of loan products and are praised for their efficiency and competitive rates. With decades of experience and strong customer reviews, they provide reliable support for first-time homebuyers and refinancing needs.
Loan Types:
Caliber Home Loans
Caliber Home Loans, Inc.
Caliber Home Loans is renowned for its diverse loan options and dedicated customer service in the Scranton region, including Fleetville. They excel in providing smooth closing experiences and tailored mortgage solutions, backed by a solid reputation for reliability and local expertise. Their high customer satisfaction ratings make them a trusted partner for home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Fleetville, PA
Are there any special first-time homebuyer programs available specifically in Fleetville, PA?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers statewide programs like Keystone Home Loan and HOMEstead, which are accessible to Fleetville buyers. These programs often provide down payment and closing cost assistance, and some may offer below-market interest rates. It's also wise to check with local lenders who may have partnerships with regional banks offering additional incentives for first-time buyers in the Scranton/Wilkes-Barre area.
How do property taxes in Lackawanna County impact my mortgage payments in Fleetville?
Lackawanna County property taxes are a significant component of your monthly mortgage escrow payment. The county's millage rate, combined with local township and school district taxes (like the Abington Heights School District), means your annual tax bill can be substantial. Your lender will calculate this into your Debt-to-Income ratio, so it's crucial to get an accurate tax estimate when determining your homebuying budget in Fleetville.
What is the typical down payment required for a mortgage on a home in Fleetville's market?
While 20% down is ideal to avoid Private Mortgage Insurance (PMI), many buyers in Fleetville utilize conventional loans with 3-5% down or FHA loans with 3.5% down, especially given the area's relatively affordable home prices compared to larger metro areas. For a typical single-family home in Fleetville, local lenders often see down payments in the 5-10% range, with specific programs available for qualified buyers to reduce this amount further.
Are USDA rural development loans a viable option for mortgages in Fleetville, PA?
Absolutely. Fleetville's location qualifies it for USDA Rural Development loans, which offer 100% financing (no down payment) for eligible borrowers and properties. This is a popular and advantageous program in the area due to Fleetville's rural designation, making homeownership more accessible. You'll need to work with a lender approved for USDA loans and ensure the specific property meets the program's eligibility criteria.
How does the appraisal process work for a unique or older property in Fleetville?
Given Fleetville's mix of historic homes, rural properties, and newer developments, appraisals can require special attention. Lenders will often seek appraisers familiar with the local market and property types in Lackawanna County. For unique properties like those with acreage, older farmhouses, or significant renovations, the appraisal may take longer and require comparables from a broader geographic area to establish an accurate value, which is a key step in mortgage approval.
Nearby Cities
Explore mortgage lenders in cities near Fleetville, PA
Why Choose a Mortgage Lender in Fleetville?
Local Market Knowledge
Lenders who understand Fleetville'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 Fleetville and get competitive rates on your home loan.