The Best Mortgage Lenders in Knoxville, PA
Compare verified mortgage lenders serving Knoxville, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Knoxville
Featured Mortgage Lenders
C&N Mortgage Team
Citizens & Northern Bank
Citizens & Northern Bank is a highly-rated regional financial institution with deep roots in North Central Pennsylvania. While headquartered in Wellsboro, they have multiple branches serving Tioga County and the greater Knoxville area. They consistently receive excellent customer reviews for their personalized service, local decision-making, and competitive mortgage rates. As a community-focused bank with over 35 years of experience, they understand the unique needs of rural Pennsylvania homebuyers and offer a comprehensive range of loan products with local loan officers who provide hands-on guidance throughout the entire mortgage process.
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Mansco Mortgage Center
Mansco Mortgage Company
Mansco Mortgage is a locally-owned and operated mortgage brokerage serving Tioga County and surrounding areas including Knoxville. With two decades of experience, they've built a strong reputation for exceptional customer service and finding the best loan options for their clients. They work with multiple lenders to secure competitive rates and specialize in helping buyers in rural communities navigate USDA and other government-backed loan programs. Their local expertise and personalized approach have earned them numerous positive reviews from satisfied homebuyers throughout the region.
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NBT Bank Mortgage Department
NBT Bank
NBT Bank is a well-established regional bank with a strong presence throughout Upstate New York and Northeastern Pennsylvania, including multiple locations serving the Knoxville area. With over 160 years of banking experience, their mortgage department offers reliable service and competitive loan products tailored to the local market. They receive consistently high marks for their professional mortgage specialists, straightforward application process, and commitment to community banking. Their local branch network ensures personalized service while providing the resources and stability of a larger financial institution.
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Frequently Asked Questions
Common questions about mortgage lending in Knoxville, PA
Are there any special mortgage programs for first-time homebuyers in Knoxville, PA?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers several programs, including the Keystone Home Loan and the Keystone Government Loan, which provide competitive rates and down payment/closing cost assistance. These programs are available statewide, including in Clarion County where Knoxville is located, and are particularly beneficial for buyers in this more rural market.
How do property taxes in Clarion County affect my mortgage payments in Knoxville?
Clarion County has relatively moderate property tax rates compared to more urban parts of Pennsylvania. When calculating your total monthly mortgage payment (PITI), lenders will include these taxes, which are currently around the county average of approximately 1.4-1.6% of assessed value. It's wise to get a precise quote for your specific property during the buying process.
What is the typical down payment needed for a home in Knoxville's market?
While 20% down is standard to avoid private mortgage insurance (PMI), many buyers in Knoxville utilize conventional loans with 3-5% down or FHA loans with 3.5% down, especially given the area's affordable home prices. For a typical Knoxville home priced in the $150,000 - $250,000 range, this makes homeownership more accessible with a lower upfront cash requirement.
Are USDA rural development loans available for homes in Knoxville, PA?
Absolutely. Knoxville and most of Clarion County are eligible for USDA Section 502 Guaranteed Loans, which offer 100% financing (no down payment) for qualified buyers and properties. This is a major advantage for the area, as it allows eligible borrowers to purchase a home with zero down payment, which is ideal given the rural designation.
How does the appraisal process work for unique or older properties in Knoxville?
Knoxville has many historic and rural properties, which can require appraisers with specific expertise. Lenders will order an appraisal that considers local comparable sales, which may be limited. It's crucial to work with a lender familiar with the Clarion County market to ensure the appraiser properly values unique features like acreage, outbuildings, or historic character.
Why Choose a Mortgage Lender in Knoxville?
Local Market Knowledge
Lenders who understand Knoxville'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 Knoxville and get competitive rates on your home loan.