The Best Mortgage Lenders in Hickory, PA
Compare verified mortgage lenders serving Hickory, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hickory
Featured Mortgage Lenders
Clearview Federal Credit Union
Clearview Federal Credit Union
Clearview Federal Credit Union stands out as one of the highest-rated mortgage lenders serving the Hickory area with exceptional customer satisfaction. As a member-owned financial institution with deep roots in southwestern Pennsylvania, they offer personalized service and competitive rates. Their mortgage team provides comprehensive guidance through the entire home buying process, with special expertise in first-time homebuyer programs and various government-backed loans. With multiple branch locations throughout the region and a strong community presence, they've built a reputation for transparency and reliability in mortgage lending.
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Howard Hanna Financial Services
Howard Hanna Financial Services
Howard Hanna Mortgage Services is one of the largest regional mortgage lenders with extensive experience serving the greater Pittsburgh area including Hickory, PA. As part of the nation's fourth largest real estate services company, they offer streamlined mortgage processes with competitive rates and local underwriting. Their strong local presence and integration with Howard Hanna Real Estate Services provides homebuyers with a cohesive experience. They're particularly noted for their construction lending expertise and flexible loan programs tailored to southwestern Pennsylvania's housing market.
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CrossCountry Mortgage
CrossCountry Mortgage, LLC
CrossCountry Mortgage has established a strong presence in southwestern Pennsylvania with a local office conveniently located to serve Hickory residents. They offer a comprehensive range of mortgage products with competitive rates and exceptional customer service. Their local loan officers have deep knowledge of the Washington County real estate market and provide personalized guidance throughout the mortgage process. The company is particularly noted for their physician loan programs and first-time homebuyer assistance, with a reputation for efficient processing and clear communication that has earned them consistently high customer ratings.
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Frequently Asked Questions
Common questions about mortgage lending in Hickory, PA
Are there any special mortgage programs for first-time homebuyers in Hickory, PA?
Yes, Pennsylvania offers the Keystone Home Loan Program through the Pennsylvania Housing Finance Agency (PHFA), which is available to eligible first-time and repeat homebuyers in Hickory. This program provides competitive fixed-rate mortgages, often with down payment and closing cost assistance grants like the Keystone Advantage Assistance Loan. Local lenders in Washington County are well-versed in these programs and can guide you through the application process.
How does Hickory's rural location in Washington County affect the mortgage appraisal process?
Due to Hickory's more rural setting, appraisals can sometimes be more complex as comparable home sales ("comps") may be fewer and farther between than in urban areas. This can occasionally lead to appraisal gaps if recent sales data is limited. Working with a local lender who understands the specific neighborhoods and property types in the Hickory/Chartiers Township area is crucial for a smooth appraisal.
What are typical property taxes like for a home in Hickory, PA, and how do they impact my mortgage?
Property taxes in Hickory, which is part of Chartiers Township, are a significant component of your monthly mortgage payment via escrow. The current total millage rate for Chartiers Township, Washington County, and the Chartiers-Houston School District is approximately 27-30 mills. For a $200,000 home, this translates to roughly $5,400-$6,000 annually, which your lender will factor into your debt-to-income ratio and monthly payment.
Are USDA Rural Development loans a viable option for mortgages in Hickory, PA?
Absolutely. Hickory's location qualifies it for USDA Single-Family Housing Guaranteed Loan Program, which offers 100% financing (no down payment) for eligible borrowers and properties. This is a major advantage for buyers in the area looking to purchase a primary residence without a large upfront payment. Income limits and property eligibility apply, so consult with a lender experienced in USDA loans.
How competitive is the mortgage lending environment in Hickory, and should I use a local bank?
While you can use national lenders, local community banks and credit unions in the Washington County area often have a deep understanding of Hickory's real estate market and may offer more personalized service. They can be particularly advantageous for navigating unique properties, local grant programs, and building relationships. It's wise to get quotes from both local and national lenders to compare rates and service.
Why Choose a Mortgage Lender in Hickory?
Local Market Knowledge
Lenders who understand Hickory'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 Hickory and get competitive rates on your home loan.