The Best Mortgage Lenders in Great Bend, PA
Compare verified mortgage lenders serving Great Bend, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Great Bend
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a highly-rated lender known for its exceptional customer service and competitive rates. With over 25 years in business, they specialize in a wide range of loan products and have a strong local presence in Northeastern Pennsylvania, including serving Great Bend through their Scranton office. They are praised for their personalized approach, fast closings, and extensive community involvement, making them a top choice for homebuyers in the region.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable lender with a focus on customer satisfaction and streamlined processes. Founded in 2008, they offer a comprehensive suite of mortgage options and have a dedicated team serving the Great Bend area from their Wilkes-Barre location. They are recognized for their competitive rates, efficient online tools, and commitment to local communities, with numerous positive reviews highlighting their responsiveness and expertise.
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Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national lender with a strong regional presence, serving Great Bend from their Binghamton office. Since 2000, they have built a reputation for innovation, offering digital mortgage solutions and competitive rates. They excel in providing a wide array of loan products with transparent pricing and are highly rated for their customer service and efficiency, making them a reliable option for borrowers in the area.
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Frequently Asked Questions
Common questions about mortgage lending in Great Bend, PA
What are typical down payment requirements for homes in Great Bend, PA, given its rural setting and lower median home prices?
In Great Bend, many lenders can offer conventional loans with down payments as low as 3-5% due to the area's affordable home prices, which reduce lender risk. For a USDA rural development loan, which Great Bend qualifies for, you may secure 100% financing with no down payment, a significant advantage for eligible buyers in this specific location.
Are there specific first-time homebuyer programs or grants available for residents of Susquehanna County, where Great Bend is located?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers its Keystone Home Loan program and down payment/closing cost assistance grants, which are accessible to buyers in Great Bend. Additionally, the Susquehanna County Housing Authority may have local programs; it's advisable to consult them directly for any county-specific first-time buyer initiatives.
How does the proximity to the New York state border impact mortgage lending or property taxes in Great Bend?
While mortgage lending terms are primarily based on Pennsylvania laws and your financial profile, property taxes are determined locally. Great Bend's taxes are generally lower than in nearby New York towns, which is a key affordability factor. Lenders will use the Pennsylvania tax rate when calculating your debt-to-income ratio, which often works in the buyer's favor compared to cross-border purchases.
What type of property inspections or appraisals are especially important when getting a mortgage for a home in Great Bend's older housing stock?
Given the age of many homes in the area, a thorough general home inspection and a separate septic system inspection are critical, as failing septic systems are a common issue in rural Pennsylvania. Lenders will require an appraisal, and the appraiser will note any visible defects, so addressing major issues beforehand can prevent financing delays.
Are USDA Rural Development loans a common and advantageous option for mortgages in Great Bend, PA?
Absolutely. Great Bend's designation as a rural area makes USDA loans one of the most popular and advantageous options, offering 100% financing with competitive, often below-market, interest rates. This program is specifically designed for areas like Great Bend, making homeownership more accessible for low-to-moderate income households without a large down payment.
Nearby Cities
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Why Choose a Mortgage Lender in Great Bend?
Local Market Knowledge
Lenders who understand Great Bend'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 Great Bend and get competitive rates on your home loan.