The Best Mortgage Lenders in Hershey, PA
Compare verified mortgage lenders serving Hershey, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hershey
Featured Mortgage Lenders
Tom Garman
Fulton Mortgage Company
Fulton Mortgage Company stands out as one of Pennsylvania's most respected regional mortgage lenders with deep roots in Central PA. As a division of Fulton Bank, they offer the stability of a 140-year-old institution combined with personalized local service. Their Hershey-area loan officers have extensive knowledge of the local real estate market and provide competitive rates on a full range of mortgage products. Customers consistently praise their responsive communication, streamlined process, and expertise with both first-time homebuyer programs and complex financing scenarios.
Loan Types:
Jason Klinger
Members 1st Federal Credit Union Mortgage Services
Members 1st FCU has built an exceptional reputation throughout Central Pennsylvania, including strong service in the Hershey area. As a member-owned credit union, they consistently offer highly competitive rates and lower fees than many traditional banks. Their mortgage team provides personalized guidance through the entire homebuying process, with particular strength in first-time homebuyer programs and local down payment assistance options. Members appreciate their transparent pricing, local decision-making, and commitment to community development throughout the Harrisburg metropolitan region.
Loan Types:
Christopher DePietro
Hamilton Bank Home Lending
Hamilton Bank brings over a century of community banking experience to the Hershey mortgage market. Their local loan officers provide exceptional personalized service with the advantage of local underwriting and decision-making. Specializing in both purchase and refinance transactions, they offer unique construction loan programs that are particularly valuable in the growing Hershey area. Customers consistently highlight their efficient processing, competitive rates, and the accessibility of their loan officers throughout the entire mortgage process.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Hershey, PA
Are there any special mortgage programs for first-time homebuyers in Hershey, PA?
Yes, Pennsylvania offers the Keystone Home Loan Program through the Pennsylvania Housing Finance Agency (PHFA), which is available to Hershey residents. This program provides competitive fixed-rate mortgages, down payment and closing cost assistance, and is specifically designed for first-time and repeat homebuyers meeting income and purchase price limits. Local lenders in Dauphin County are well-versed in these programs and can guide you through the application.
How does Hershey's stable economy, anchored by The Hershey Company, affect mortgage lending and approval?
Lenders view Hershey's strong, company-town economy positively, which can contribute to stable employment histories for applicants—a key factor in loan approval. However, due to the concentration of jobs with a single major employer, some lenders may scrutinize job stability if you are a new employee. Overall, the low unemployment and economic resilience of the area are favorable for securing a mortgage.
What are typical property taxes in Hershey, PA, and how do they impact my mortgage qualification?
Property taxes in Hershey and Derry Township are relatively moderate for Pennsylvania, typically ranging from 1.8% to 2.2% of a home's assessed value. Lenders will calculate your debt-to-income ratio including these taxes, which can affect how much home you qualify for. It's crucial to get an accurate tax estimate for your specific property, as rates can vary slightly within the township.
Are USDA rural development loans available for homes in Hershey, PA?
While the core of Hershey is generally not eligible for USDA loans due to its suburban classification, some outlying areas of Derry Township may still qualify. You should check the USDA eligibility map for the specific property address, as these loans offer 100% financing and can be an excellent option for eligible borrowers looking in the more rural parts of the Hershey region.
How competitive is the Hershey housing market, and what should I know about mortgage pre-approval?
Hershey's market is highly desirable due to its school district and amenities, leading to competitive conditions, especially for single-family homes. A strong, verified pre-approval letter from a reputable local lender is essential to make competitive offers. Sellers often favor buyers who use lenders familiar with the local market and its nuances, as this can lead to smoother and more reliable closings.
Nearby Cities
Explore mortgage lenders in cities near Hershey, PA
Why Choose a Mortgage Lender in Hershey?
Local Market Knowledge
Lenders who understand Hershey'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 Hershey and get competitive rates on your home loan.