The Best Mortgage Lenders in Hawley, PA
Compare verified mortgage lenders serving Hawley, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hawley
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in Northeastern Pennsylvania, including service to Hawley. Known for its competitive rates and digital-friendly process, the company has built a reputation for excellent customer service and high approval rates. With over two decades of experience, they offer a wide range of loan options and are praised for their transparency and efficiency, making them a preferred choice for homebuyers in the region.
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loanDepot
loanDepot, LLC
loanDepot is a highly-rated mortgage lender that serves Hawley and surrounding areas with a focus on innovation and customer satisfaction. Founded in 2010, they combine technology with personalized service to offer competitive rates and a streamlined application process. Their extensive loan portfolio and commitment to community involvement in Pennsylvania have earned them strong reviews for reliability and support throughout the home financing journey.
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New American Funding
New American Funding, LLC
New American Funding is a reputable mortgage lender with a significant presence in Pennsylvania, including service to Hawley. Established in 2003, they are known for their diverse loan options and efforts to support underserved communities, such as offering programs for low-to-moderate income borrowers. With high customer satisfaction ratings, they provide personalized guidance and competitive rates, making them a trusted choice for homebuyers in the Pocono region.
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Frequently Asked Questions
Common questions about mortgage lending in Hawley, PA
Are there any special mortgage considerations for buying a home near Lake Wallenpaupack in Hawley?
Yes, properties close to Lake Wallenpaupack often require additional scrutiny. Lenders may require specific flood zone determinations and potentially flood insurance, even if it's not in a high-risk FEMA zone, due to the proximity to water. This can affect both the loan approval process and your monthly carrying costs, so it's a critical early step.
What local or state programs are available for first-time homebuyers in Hawley, PA?
Hawley homebuyers can access the Pennsylvania Housing Finance Agency (PHFA) programs, including the Keystone Home Loan and the Keystone Government Loan with lower down payments. Additionally, PHFA offers down payment and closing cost assistance grants, which are particularly helpful in Pike County's market where saving for a down payment can be a challenge.
How do seasonal or vacation home purchases in Hawley differ from primary residence mortgages?
Financing a second home or investment property in Hawley's popular vacation area typically requires a larger down payment (often 10-20% minimum) and comes with a slightly higher interest rate compared to a primary residence loan. Lenders will also scrutinize rental income projections more heavily if you plan to use the property as a short-term rental.
What is the typical timeline for mortgage approval and closing on a home in Hawley's rural market?
The timeline can be slightly longer than in urban areas, often 45-60 days from application to closing. This accounts for potential delays with well and septic inspections, which are common for rural Hawley properties, and ensuring clear title on older or more remote parcels of land. Working with a local lender familiar with these processes is advantageous.
Are USDA Rural Development loans a viable option for mortgages in Hawley, PA?
Absolutely. Most of the Hawley area qualifies for USDA loans, which offer 100% financing (no down payment) for eligible borrowers. This is a powerful tool for buyers looking at more rural properties outside the immediate lakefront, making homeownership more accessible in Pike County's scenic but sometimes pricey market.
Why Choose a Mortgage Lender in Hawley?
Local Market Knowledge
Lenders who understand Hawley'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 Hawley and get competitive rates on your home loan.