The Best Mortgage Lenders in Harveys Lake, PA
Compare verified mortgage lenders serving Harveys Lake, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Harveys Lake
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Pennsylvania, serving Harveys Lake and surrounding areas. Known for its competitive rates and efficient online application process, the company has high customer satisfaction ratings due to its personalized service, quick closings, and wide range of loan options. With over two decades of experience, it maintains an A+ BBB rating and is praised for its transparency and technology-driven approach, making it a reliable choice for homebuyers in Northeastern PA.
Loan Types:
CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage is a highly regarded lender with a solid reputation in Pennsylvania, including service to Harveys Lake. It offers a comprehensive suite of mortgage products and is celebrated for its local expertise, flexible underwriting, and exceptional customer service. With 20 years in business, the company has built trust through its community involvement and commitment to helping borrowers navigate the home financing process smoothly, backed by numerous positive reviews highlighting its responsiveness and competitive rates.
Loan Types:
New American Funding
New American Funding
New American Funding is a nationally recognized mortgage lender that actively serves Pennsylvania residents, including those in Harveys Lake. It stands out for its focus on diversity and inclusion, offering specialized programs for underserved communities, and has high ratings for its customer-centric approach, fast processing times, and competitive loan options. With two decades of experience, the company is known for its innovative technology and dedicated local support, ensuring a seamless mortgage experience with strong emphasis on client satisfaction and reliability.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Harveys Lake, PA
Are there specific mortgage considerations for buying a waterfront property on Harveys Lake?
Yes, lenders often require additional steps for waterfront properties. You may need a specialized appraisal that accounts for lake frontage value, and your lender might require flood insurance even if it's not in a FEMA-mandated zone, due to the lake's proximity. It's crucial to work with a lender experienced in Pennsylvania's unique waterfront properties.
What are the typical down payment requirements for homes in Harveys Lake, PA?
While standard loans require 3-5% down, Harveys Lake's higher median home values, especially for lakefront homes, often mean buyers need larger down payments to manage monthly costs. Local lenders can guide you on conventional loans, but for lower down payments, explore PA Housing Finance Agency (PHFA) programs, which are accessible to Luzerne County buyers.
Does Harveys Lake qualify for any Pennsylvania first-time homebuyer assistance programs?
Absolutely. As part of Luzerne County, Harveys Lake buyers are eligible for PHFA's Keystone Government Loan Program, which offers low down payments and competitive rates. There's also the PHFA Homebuyer Tax Credit, which can provide a yearly federal tax credit, a significant benefit for first-time buyers in this market.
How do property taxes in Harveys Lake Borough impact mortgage qualification?
Luzerne County property taxes are a key factor. Harveys Lake has its own millage rate, and lenders will calculate your debt-to-income ratio including these taxes. It's wise to get a precise tax estimate early, as higher taxes on valuable lake-area properties can affect how much home you qualify for compared to other regions.
Are USDA rural housing loans available for homes in Harveys Lake, PA?
Most of Harveys Lake does not qualify for USDA loans, as the USDA designates it as non-rural due to its proximity to the Wilkes-Barre/Scranton area. Buyers should focus on conventional, FHA, or VA (if eligible) loans, or the state PHFA programs, which are the primary affordable lending options for this specific location.
Why Choose a Mortgage Lender in Harveys Lake?
Local Market Knowledge
Lenders who understand Harveys Lake'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 Harveys Lake and get competitive rates on your home loan.