The Best Mortgage Lenders in Millerton, PA
Compare verified mortgage lenders serving Millerton, Pennsylvania. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Millerton
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender renowned for its competitive rates, digital mortgage platform, and exceptional customer service. With an A+ BBB rating and numerous industry awards, they offer a comprehensive range of loan products and have a strong regional presence in Pennsylvania, including dedicated loan officers serving Millerton and surrounding rural areas. Their efficient online process and personalized support make them a preferred choice for homebuyers seeking reliability and innovation.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-regarded lender known for its community-focused approach and rapid loan processing. With a strong emphasis on customer satisfaction and local engagement, they provide a variety of loan options and have loan officers specifically covering northeastern Pennsylvania, including Millerton. Their commitment to transparency and supportive service has earned them consistent high ratings and a loyal client base in the region.
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New American Funding
New American Funding, LLC
New American Funding is a diverse and reputable mortgage lender with a strong track record of serving rural and underserved communities, including areas like Millerton. They are celebrated for their competitive rates, extensive loan portfolio, and inclusive lending practices. With high customer satisfaction scores and a dedicated team in Pennsylvania, they offer personalized service and flexible solutions tailored to local market needs.
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Frequently Asked Questions
Common questions about mortgage lending in Millerton, PA
What are the typical down payment requirements for homes in Millerton, PA, given its rural market?
In Millerton's more affordable rural market, conventional loans often require a minimum of 5% down, while FHA loans require 3.5%. For the area's many older or unique properties, lenders may require a slightly higher down payment or additional inspections to secure financing, but overall, entry costs are lower than in Pennsylvania's urban centers.
Are there any local or state mortgage assistance programs particularly beneficial for buyers in Millerton?
Yes, the Pennsylvania Housing Finance Agency (PHFA) offers the **Keystone Government Loan** and **HOMEstead** down payment and closing cost assistance programs, which are very accessible to Millerton buyers due to the area's lower income limits. Tioga County may also have local grants for first-time homebuyers, so checking with the county redevelopment authority is recommended.
How does the lack of a formal "city" appraisal district affect the mortgage appraisal process in Millerton?
As an unincorporated community, Millerton relies on Tioga County for property records. Appraisers must often use comparable sales from a wider geographic area, including nearby towns like Lawrenceville. This can sometimes lead to valuation challenges for unique properties, so working with a lender familiar with the rural Northern Tier market is crucial.
What should I know about property types and mortgage eligibility when looking at homes in Millerton?
Millerton has many older homes, farms, and properties with acreage. Not all lenders finance non-standard properties like land parcels or working farms. For a standard single-family home, a conventional, FHA, or USDA loan is common. For properties with significant land (over 10 acres) or agricultural use, you may need a specialized rural or agricultural lender.
Is a USDA Rural Development loan a good option for Millerton homebuyers?
Absolutely. Millerton's location makes it eligible for USDA loans, which offer 100% financing (no down payment). This is a major advantage for buyers in the area, as it significantly lowers the barrier to entry. Eligibility is based on the property location and the buyer's income, which must typically fall within the USDA limits for Tioga County.
Why Choose a Mortgage Lender in Millerton?
Local Market Knowledge
Lenders who understand Millerton'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 Millerton and get competitive rates on your home loan.