The Best Mortgage Lenders in Hazleton, PA
Compare verified mortgage lenders serving Hazleton, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hazleton
Featured Mortgage Lenders
Citizens Savings Bank Mortgage Department
Citizens Savings Bank
Citizens Savings Bank stands out as Hazleton's premier local mortgage lender with deep community roots and exceptional customer satisfaction. As a community-focused institution headquartered right in Hazleton, they offer personalized service and local underwriting decisions that larger banks can't match. Their mortgage specialists have extensive experience with the Hazleton real estate market and provide competitive rates with various loan programs tailored to first-time homebuyers and seasoned investors alike. The bank's strong local presence ensures quick turnaround times and personalized attention throughout the mortgage process.
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ESSA Bank & Trust Mortgage Division
ESSA Bank & Trust
ESSA Bank & Trust has been serving Northeastern Pennsylvania communities for over a century, with a dedicated mortgage division that consistently earns top ratings for customer service and competitive rates. While headquartered in Stroudsburg, their Wilkes-Barre location provides convenient service to Hazleton residents. They excel at providing comprehensive mortgage solutions with local decision-making and have built a reputation for transparent communication and smooth closing processes. Their experienced loan officers specialize in both purchase and refinance transactions throughout the Hazleton area.
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Fulton Mortgage Company
Fulton Bank
Fulton Bank's mortgage division brings substantial regional expertise to Hazleton homebuyers with a strong presence throughout Pennsylvania. As one of the largest banks in the region, they offer competitive rates and a wide array of loan products while maintaining the personal service of a community bank. Their mortgage professionals have extensive knowledge of the Hazleton market and provide streamlined digital mortgage applications combined with local support. Fulton consistently receives high marks for their responsive communication and ability to handle complex financing situations with professionalism.
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Frequently Asked Questions
Common questions about mortgage lending in Hazleton, PA
Are there any special first-time homebuyer programs available specifically for Hazleton, PA?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers the Keystone Home Loan program and down payment/closing cost assistance, which are widely accessible in Hazleton. Additionally, the City of Hazleton may have local grant programs or partnerships aimed at promoting homeownership in specific neighborhoods; it's best to check with the Hazleton City Office of Community Development for the most current local incentives.
How does Hazleton's relatively affordable housing market affect mortgage lending requirements?
With median home prices well below the national average, lenders in Hazleton often see lower loan-to-value ratios, which can make qualifying easier. However, due to the older housing stock common in the area, appraisals may place extra emphasis on the condition of major systems like roofing, plumbing, and heating, which can affect loan approval.
What are typical mortgage interest rates for homebuyers in Hazleton, PA?
Mortgage rates in Hazleton align with national averages, but local credit unions like Members 1st Federal Credit Union or First Federal Savings Bank often offer competitive rates. Your specific rate will depend on your credit score, down payment, and loan type, but shopping with both local and national lenders in the area is key to finding the best deal.
Are there specific mortgage considerations for buying a multi-family home in Hazleton?
Yes, given the prevalence of duplexes and other multi-unit properties in Hazleton, lenders will typically require a higher down payment (often 15-25%) and may have stricter debt-to-income requirements for investment or owner-occupied rental properties. Projected rental income from the additional units can sometimes be used to help qualify for the loan.
Does the City of Hazleton have any ordinances or fees that impact closing costs?
Hazleton charges a local realty transfer tax, which is typically split between buyer and seller. As of recent data, the total transfer tax in Luzerne County (where Hazleton is located) is 2%, with 1% going to the state and 1% to the county/city. Your lender or settlement agent will calculate this precisely, but it's an important local cost to budget for.
Why Choose a Mortgage Lender in Hazleton?
Local Market Knowledge
Lenders who understand Hazleton'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 Hazleton and get competitive rates on your home loan.